NOT LISTED FOR SALE

3 E Main St Cary, IL 60013

Estimated Value: $485,000 - $631,000

5 Beds
5 Baths
-- Sq Ft
13,504 Sq Ft Lot

Last Sold September 10, 2020

Last sale price $350,000

Est. 60% increase in value since last sale

Current estimated payment $4,103/month

170 Days on Market

About This Home

As of September 2020

5 unit cash cow in Cary! 10% cap rate on this building that is walking distance to the Cary train station. Tour the building from your phone by clicking on the virtual tour. Go into each separate unit by clicking on the entry door. Agent Owned

Last Agent to Sell the Property

Joe Keegan

Brokerocity Inc License #475164932 Listed on: 02/13/2020

Brokerocity Inc

Last Buyer's Agent

Veronica Goodrich

Keller Williams Success Realty License #475147840

Keller Williams Success Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1942

Lot Details

  • 0.31

Utilities

  • Window Unit Cooling System

Community Details

  • Fuel Expense $1,000
  • Insurance Expense $1,800

Listing and Financial Details

  • Tenant pays for heat
  • $5,000 Seller Concession

Property Details

Home Type

Multi-Family

Year Built

1942

Lot Details

0.31 Acres

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Ownership Type: Corporation
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Oper Income: 39834
  • Scavenger Expense: 1920
  • Total Annual Exp: 8000
  • Total Annual Income: 57000
  • Total Monthly Income: 4750
  • Number Of Stories: 2
  • Estimated Year Built: 1942
  • Type Multi Family: Corridor-Exterior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1942

Exterior Features

  • Acreage: 0.31
  • Construction: Wood Frame

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Air Conditioner: Window Unit/s
  • Heatventilation: Radiators, Baseboard
  • Water Expense: 2500

Condo/Co-op/Association

  • Units in Building: 5

Fee Information

  • Electricity Expense: 800
  • Electrical Service: Circuit Breakers

Lot Info

  • Lot Dimensions: 107X114X121X107
  • Parcel Identification Number: 2018151013

Rental Info

  • Gross Rental Income: 57000
  • Tenant Pays: Heat

Multi Family

  • Fuel Expense: 1000
  • Insurance Expense: 1800

Tax Info

  • Taxes: 9112.40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2020
Closed on
Aug 31, 2020
Sold by
Heiser David R and Heiser Hollace Ann
Bought by
Keegan Investments Llc
Seller's Agent
Joe Keegan
Brokerocity Inc
Buyer's Agent
Veronica Goodrich
Keller Williams Success Realty
List Price
$399,900
Sold Price
$350,000
Premium/Discount to List
-$49,900
-12.48%
Current Estimated Value
$558,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,863
Avg. Annual Appreciation
8.80%
Original Mortgage
$280,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 13, 2020
Closed on
Aug 28, 2020
Sold by
Keegan Investments Llc
Bought by
3 East Main Street Llc
Seller's Agent
Joe Keegan
Brokerocity Inc
Buyer's Agent
Veronica Goodrich
Keller Williams Success Realty
List Price
$399,900
Sold Price
$350,000
Premium/Discount to List
-$49,900
-12.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
2.8%
Mortgage Type
New Conventional
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
Keegan Investments Llc $350,000 Chicago Title
3 East Main Street Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 3 East Main Street Llc $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2020 09/10/20 Sold $350,000 -12.5% --
08/01/2020 08/01/20 Pending -- -- --
02/13/2020 02/13/20 For Sale $399,900 -- --
Source: Midwest Real Estate Data (MRED)

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 $13,390 $159,003 $44,600 $114,403
2023 $13,164 $142,208 $39,889 $102,319
2022 $10,496 $112,089 $36,001 $76,088
2021 $10,048 $104,424 $33,539 $70,885
2020 $9,773 $100,728 $32,352 $68,376
2019 $9,610 $96,409 $30,965 $65,444
2018 $9,112 $89,061 $28,605 $60,456
2017 $8,979 $83,901 $26,948 $56,953
2016 $8,960 $78,692 $25,275 $53,417
2013 -- $67,324 $23,579 $43,745
Source: Public Records

Agents Affiliated with this Home

  • Joe Keegan

    Seller's Agent in 2020

    Joe Keegan

    Brokerocity Inc

    (815) 355-0582

    1 in this area

    46 Total Sales

    Joe Keegan
    Section Image
  • Veronica Goodrich

    Buyer's Agent in 2020

    Veronica Goodrich

    Keller Williams Success Realty

    (847) 502-9123

    7 in this area

    55 Total Sales

    Veronica Goodrich
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10636402

Midwest Real Estate Data (MRED)

APN: 20-18-151-013

Illinois McHenry County Cary 60013

3 E Main St, Cary, IL

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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