NOT LISTED FOR SALE

29040 S State Route 53 Wilmington, IL 60481

Estimated Value: $299,895 - $442,000

9 Beds
4 Baths
-- Sq Ft
0.75 Acres

Last Sold September 07, 2018

Last sale price $242,000

Est. 51% increase in value since last sale

Current estimated payment $2,420/month

44 Days on Market

Highlights

  • First Floor Utility Room
  • 3 Car Attached Garage
  • Satellite Dish
  • L.J. Stevens Intermediate School Rated A-
  • Forced Air Heating System
  • Paved or Partially Paved Lot

About This Home

As of September 2018

Great Investment! Tenants help pay the mortgage!!! 3 houses on 3/4 acre lot on Rt 53 just south of Elwood.

Last Agent to Sell the Property

S Lee Hansen

Coldwell Banker Real Estate Group License #475121713 Listed on: 12/05/2017

Coldwell Banker Real Estate Group

Last Buyer's Agent

Elizabeth Stopka-Rios

Crosstown Realtors, Inc License #471018881

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,355

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 74x428
  • Paved or Partially Paved Lot
  • Irregular Lot

Parking

  • 3 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Stone Foundation
  • Asphalt Roof

Interior Spaces

  • First Floor Utility Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Schools

  • Wilmington High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Private or Community Septic Tank
  • Satellite Dish
  • TV Antenna

Community Details

Overview

  • 3 Units
  • 3 Unit

Building Details

  • Gross Income $33,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,355

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • 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: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 9
  • Other Equipment: TV-Dish, TV Antenna, Sump Pump
  • Room Type: Utility Room-1st Floor
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: Window Air Conditioner

Exterior Features

  • Foundation Details: Stone
  • Lot Features: Irregular Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Vinyl Siding,Steel Siding

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Street Paved

Fee Information

  • Other Expenses $: 0

Schools

  • High School: WILMINGTON HIGH SCHOOL

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.75
  • Lot Dimensions: 74X428
  • Zoning: OTHER
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17

Multi Family

  • GrossIncome: 33000
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat,1 Story Unit/s,2 Story Unit/s

Tax Info

  • Tax Annual Amount: 3355
  • Tax Year: 2015
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2020
Sold by
Grundy Bank
Bought by
Incopero Samuel and Incopero Kathy
Current Estimated Value
$365,224

Purchase Details

Listed on
Dec 5, 2017
Closed on
Sep 6, 2018
Sold by
Incopero Sam and Incopero Kathleen A
Bought by
Kantowski Anthony D
Seller's Agent
S Lee Hansen
Coldwell Banker Real Estate Group
Buyer's Agent
Elizabeth Stopka-Rios
Crosstown Realtors, Inc
List Price
$249,000
Sold Price
$242,000
Premium/Discount to List
-$7,000
-2.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.93%
Original Mortgage
$237,616
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 18, 2004
Sold by
Incopero Samuel and Incopero Kathy
Bought by
Grundy Bank and Trust #1408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 2004
Sold by
Roberts Donald R and Bourvette Pauline
Bought by
Incopero Samuel and Incopero Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 2, 1996
Sold by
Hartwell William
Bought by
Roberts Donald R and Bouvrette Pauline
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 Buyer Sale Price Title Company
Incopero Samuel -- None Available
Kantowski Anthony D $242,000 Fidelity National Title Ins
Grundy Bank -- --
Incopero Samuel $150,000 Ticor Title
Roberts Donald R $129,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kantowski Anthony D $237,616
Previous Owner Incopero Samuel $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2018 09/07/18 Sold $242,000 -2.8% --
01/18/2018 01/18/18 Pending -- -- --
12/05/2017 12/05/17 For Sale $249,000 -- --
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
2024 $6,092 $93,885 $13,173 $80,712
2023 $6,092 $88,948 $12,480 $76,468
2022 $5,348 $80,547 $11,301 $69,246
2021 $5,108 $75,172 $10,547 $64,625
2020 $5,053 $73,196 $10,270 $62,926
2019 $4,950 $71,754 $10,068 $61,686
2018 $3,922 $56,520 $9,839 $46,681
2017 $3,685 $52,798 $9,191 $43,607
2016 $3,355 $48,506 $8,444 $40,062
2015 -- $53,390 $8,242 $45,148
2014 -- $53,929 $8,325 $45,604
2013 -- $57,469 $8,871 $48,598
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09812383

Midwest Real Estate Data (MRED)

APN: 03-17-12-200-002