NOT LISTED FOR SALE

2731 Chippewa Dr Bourbonnais, IL 60914

Estimated Value: $115,000 - $278,000

2 Beds
2 Baths
1,366 Sq Ft
$145/Sq Ft Est. Value

Last Sold October 27, 2021

Last sale price $90,000 $66 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $1,367/month

29 Days on Market

Highlights

  • Bay Window
  • Liberty Intermediate School Rated 9+
  • 1-Story Property

About This Home

As of October 2021

Opportunity Awaits you here! Come see this diamond in the rough. Open floor plan in this knotty pine "country cottage" home, adjacent to the Bourbonnais Sportsman Club. Walking distance to the river and close to river docking. Nice size rooms with vintage maple cabinets in the kitchen. 3-season sunroom. New roof, furnace & hot water heater are 5 years old. Part of crawl space is 5 feet deep. The access door to the crawl space is heavy, need 2 people to use it. (Owner stresses to be very careful if using it.) City sewer. Fenced in yard with fire pit and shed. * Property is being sold AS IS Condition

Last Agent to Sell the Property

Julia Mallaney

Nugent Curtis Real Estate LLC License #475130680 Listed on: 09/13/2021

Last Buyer's Agent

Kelly Winterroth

McColly Bennett Real Estate License #475123080

McColly Bennett Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • 1954

Lot Details

  • 9,235

Interior Spaces

  • 1-Story Property
  • Bay Window
  • Crawl Space

Parking

  • Uncovered Parking
  • On-Site Parking
  • Parking Included in Price

Home Details

Home Type

Single Family

Year Built

1954

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1 Story
  • Property Sub Type: 1 Story
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Directions: Route 102 to Sportsman Club Road to Chippewa
  • Lot Size: 50X185
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1954

Interior Features

  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Window Features: Bay Window(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Dining Room Type: Sun Room

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Porch, Porch Screened, Storms/Screens
  • Foundation Details: Block, Concrete Perimeter
  • Exterior Building Type: Aluminum Siding,Vinyl Siding
  • Lot Features: Fenced Yard
  • Other Structures: Shed(s)
  • Waterfront: No

Garage/Parking

  • Number of Cars: 4
  • Driveway: Asphalt,Gravel
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned
  • Total Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Private Well

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 307

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Additional Parcels: No
  • Zoning: SINGL

Rental Info

  • Board Number: 21
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3456.52
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2022
Sold by
M & W Holdings Of Bourbonnais Llc
Bought by
Mr Rentals Of Kankakee Llc
Current Estimated Value
$197,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$801,387
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
-$603,888

Purchase Details

Listed on
Sep 13, 2021
Closed on
Oct 27, 2021
Sold by
Barth John A
Bought by
M & W Holdings Of Bourbonnais Llc
Seller's Agent
Julia Mallaney
Nugent Curtis Real Estate LLC
Buyer's Agent
Kelly Winterroth
McColly Bennett Real Estate
List Price
$148,900
Sold Price
$90,000
Premium/Discount to List
-$58,900
-39.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.47%

Purchase Details

Closed on
Aug 15, 2007
Sold by
Ausick John A
Bought by
Barth John A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Mr Rentals Of Kankakee Llc -- Homestar Title
M & W Holdings Of Bourbonnais Llc $90,000 Standard Title
Barth John A $130,000 Homestar Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mr Rentals Of Kankakee Llc $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2021 10/27/21 Sold $90,000 -39.6% $66 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
09/13/2021 09/13/21 For Sale $148,900 -- $109 / Sq Ft
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
2024 $4,005 $50,041 $4,123 $45,918
2023 $3,621 $46,335 $3,818 $42,517
2022 $3,627 $44,488 $6,397 $38,091
2021 $3,571 $43,509 $6,256 $37,253
2020 $3,457 $41,289 $6,089 $35,200
2019 $3,309 $39,092 $5,912 $33,180
2018 $3,128 $36,844 $5,711 $31,133
2017 $3,022 $35,350 $5,572 $29,778
2016 $2,852 $33,431 $5,490 $27,941
2015 $2,767 $32,036 $5,436 $26,600
2014 $2,682 $32,381 $5,436 $26,945
2013 -- $33,130 $5,436 $27,694
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11216839

Midwest Real Estate Data (MRED)

APN: 17-08-23-200-017