NOT LISTED FOR SALE

26034 S Locust Place Monee, IL 60449

Estimated Value: $122,500

4 Beds
2 Baths
-- Sq Ft
0.59 Acres

Last Sold June 02, 2021

Last sale price $17,000

Est. 621% increase in value since last sale

Current estimated payment $800/month

35 Days on Market

About This Home

As of June 2021

VERY MOTIVATED SELLER! GREAT opportunity for someone willing to do some work. 2 Unit Building. First floor is currently occupied by long term tenant. Property is located on a double lot with potential to build another multi unit building. Property being sold AS-IS and has municipal code violations.

Last Agent to Sell the Property

Michael Kelly

Crosstown Realtors Inc License #475149894 Listed on: 04/28/2020

Last Buyer's Agent

Michael Kelly

Crosstown Realtors Inc License #475149894 Listed on: 04/28/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 0.59 Acre Lot

Parking

  • 1.5 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Aluminum Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Basement

  • Partial Basement
  • Basement Cellar

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $14,400
  • Net Operating Income $7,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1930
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Cellar
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • List Price: 30000
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 1.5
  • ParkingTotal: 1.5
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Schools

  • Middle/Junior School District: 201U

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.59
  • Lot Dimensions: 25598
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Multi Family

  • Net Operating Income: 7500
  • GrossIncome: 14400
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 6851.28
  • Tax Year: 2018
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2020
Closed on
May 11, 2021
Sold by
Hayes Mary J
Bought by
Willmer Bryan
Seller's Agent
Michael Kelly
Crosstown Realtors Inc
Buyer's Agent
Michael Kelly
Crosstown Realtors Inc
List Price
$30,000
Sold Price
$17,000
Premium/Discount to List
-$13,000
-43.33%
Current Estimated Value
$122,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,500

Purchase Details

Closed on
Sep 22, 2018
Sold by
Hayes Gerald D and Hayes Mary J
Bought by
Hayes Gerald D and Hayes Mary J

Purchase Details

Closed on
Jun 26, 1999
Sold by
Kline Marie A and Kline Burton L
Bought by
Hayes Gerald D and Hayes Mary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,500
Interest Rate
9%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Willmer Bryan $17,000 None Available
Hayes Gerald D -- Chicago Title Ins Co
Hayes Gerald D $85,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hayes Gerald D $250,000
Previous Owner Hayes Gerald D $83,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2021 06/02/21 Sold $17,000 -43.3% --
06/02/2020 06/02/20 Pending -- -- --
05/29/2020 05/29/20 For Sale $30,000 0.0% --
05/29/2020 05/29/20 Price Changed $30,000 -23.1% --
05/22/2020 05/22/20 Pending -- -- --
05/14/2020 05/14/20 Price Changed $39,000 -20.4% --
04/28/2020 04/28/20 For Sale $49,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $5,760 $55,237 $20,462 $34,775
2022 $6,455 $50,200 $18,000 $32,200
2021 $704 $50,200 $18,000 $32,200
2020 $6,435 $50,200 $18,000 $32,200
2019 $6,619 $50,200 $18,000 $32,200
2018 $6,851 $51,200 $18,000 $33,200
2017 $7,014 $51,200 $18,000 $33,200
2016 $7,145 $51,200 $18,000 $33,200
2015 $6,724 $51,200 $18,000 $33,200
2014 $6,724 $51,200 $18,000 $33,200
2013 $6,724 $52,950 $18,000 $34,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10700498

Midwest Real Estate Data (MRED)

APN: 14-21-337-002