$310,000
SOLD NOV 4, 2024
6 Beds
4 Baths
2,912 Sq Ft
0.43 Acres

Recently Sold

$106 Per Sq Ft

5% Below List Price

23 Days on Market

About This Home

As of November 2024

Charming duplex featuring two units, each boasting three bedrooms and two bathrooms. The first-floor unit boasts a long-term tenant, while the second-floor unit has been recently fully remodeled. This versatile property offers the opportunity to rent out one unit while enjoying living in the other, or maximize income by renting both units. Situated on a spacious lot just under one acre, complete with a two-car garage and a shared laundry room for added convenience. Zoned LC for many years, this property is being sold AS-IS, with options for cash purchase or owner financing with a down payment. Recent updates include a fully remodeled second floor, a new garage, and a septic tank installed in 2023.

Last Agent to Sell the Property

Elizabeth Cikowski

Coldwell Banker Realty License #475181594 Listed on: 04/01/2024

Coldwell Banker Realty

Last Buyer's Agent

Maryia Sonday

Fathom Realty IL LLC License #475177686

Fathom Realty IL LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,868

Year Built

  • Built in 1989

Lot Details

  • Additional Parcels

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 4 Bathrooms

Schools

  • Lotus Elementary School
  • Stanton Middle School
  • Grant Community High School

Utilities

  • Heating System Uses Natural Gas
  • Well
  • Private or Community Septic Tank

Community Details

  • 2 Units
  • Gross Income $38,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,868

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1989
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • List Price: 310000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 4
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Septic-Private
  • Heating: Natural Gas
  • Water Source: Private Well

Schools

  • Elementary School: Lotus School
  • High School: Grant Community High School
  • Middle/Junior School: Stanton School
  • Middle/Junior School District: 114

Lot Info

  • Additional Parcels Description: 01341000110000
  • Additional Parcels: Yes
  • Lot Dimensions: 18748
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2

Multi Family

  • GrossIncome: 38700
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 8868.48
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2024
Closed on
Nov 4, 2024
Sold by
Breen Michelle
Bought by
Welle Dennis and Welle Rebecca
Seller's Agent
Elizabeth Cikowski
Coldwell Banker Realty
Buyer's Agent
Maryia Sonday
Fathom Realty IL LLC
List Price
$325,000
Sold Price
$310,000
Premium/Discount to List
-$15,000
-4.62%
Views
207
Current Estimated Value
$363,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,992
Avg. Annual Appreciation
14.41%
Original Mortgage
$135,000
Interest Rate
6.08%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 26, 2003
Sold by
Burnett Kim
Bought by
Breen Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 22, 2001
Sold by
Ocwen Federal Bank Fsb
Bought by
Burnett Kim

Purchase Details

Closed on
Jan 23, 2001
Sold by
Saunders
Bought by
Ocwen Fsb

Purchase Details

Closed on
Nov 9, 1998
Sold by
Saunders Robert N
Bought by
Saunders Robert N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.8%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 1, 1998
Sold by
W T Investments Inc
Bought by
Saunders Robert N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.8%
Mortgage Type
Balloon

Purchase Details

Closed on
May 15, 1998
Sold by
First National Bank Employee Owned
Bought by
W T Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,288
Interest Rate
8.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 6, 1998
Sold by
Delre Gary
Bought by
1St National Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,288
Interest Rate
8.5%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $310,000 None Listed On Document
Warranty Deed $239,500 Atg
Warranty Deed $117,500 --
Legal Action Court Order -- --
Warranty Deed $200,000 Universal Title Services Inc
Warranty Deed $150,000 Universal Title Services Inc
Warranty Deed $119,500 Chicago Title Insurance Co
Sheriffs Deed -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $138,000 New Conventional
Previous Owner $135,000 Seller Take Back
Previous Owner $10,000 Credit Line Revolving
Previous Owner $20,000 Seller Take Back
Previous Owner $160,000 Balloon
Previous Owner $30,000 Unknown
Previous Owner $89,288 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2024 11/04/24 Sold $310,000 0.0% $106 / Sq Ft
08/29/2024 08/29/24 Price Changed $310,000 -4.6% $106 / Sq Ft
05/04/2024 05/04/24 For Sale $325,000 0.0% $112 / Sq Ft
04/26/2024 04/26/24 Pending -- -- --
04/24/2024 04/24/24 For Sale $325,000 0.0% $112 / Sq Ft
04/12/2024 04/12/24 Pending -- -- --
04/02/2024 04/02/24 For Sale $325,000 -- $112 / 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 $7,689 $107,237 $5,625 $101,612
2023 $7,689 $96,022 $5,037 $90,985
2022 $8,807 $106,270 $7,948 $98,322
2021 $8,460 $99,160 $7,416 $91,744
2020 $8,330 $96,421 $7,211 $89,210
2019 $7,872 $92,207 $6,896 $85,311
2018 $7,804 $89,191 $6,980 $82,211
2017 $7,734 $84,895 $6,644 $78,251
2016 $8,277 $81,929 $6,412 $75,517
2015 $8,362 $79,845 $6,249 $73,596
2014 $7,776 $77,763 $8,638 $69,125
2012 $7,680 $81,402 $8,638 $72,764
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12018333

Midwest Real Estate Data (MRED)

APN: 01-34-100-012