NOT LISTED FOR SALE

301 E Seminary Ave Wheaton, IL 60187

Downtown Wheaton Neighborhood
5 Beds
5 Baths
-- Sq Ft
7,841 Sq Ft Lot

Sale Details

Date Sold: December 28, 2018

Last sale price $513,000

9 Days on Market

Highlights

  • Landscaped Professionally
  • Farmhouse Style Home
  • 2 Car Attached Garage
  • Longfellow Elementary School Rated A
  • Corner Lot
  • 3-minute walk to Adams Park

About This Home

As of December 2018

Rare opportunity to acquire rental property walking distance to Wheaton College and across from the library. Never have a vacancy in this desirable location. Non-conforming building with 3 one bedroom units and 1 two bedroom/2 bathroom unit. Charming vintage building with hardwood staircase and wood wall panels. Each unit is different and has it's own character. All the expensive improvements have been done so you can reap cash flow. New roof, new boiler, new porch decking, freshly painted exterior, newer windows, newer water heater, newer washing machines. 2 car attached garage and unfinished basement. Fully rented with excellent tenants.

Last Agent to Sell the Property

Diane Lynch

Realty Executives Premier Illinois License #475127037 Listed on: 10/01/2018

Realty Executives Premier Illinois

Last Buyer's Agent

Diane Lynch

Realty Executives Premier Illinois License #475127037 Listed on: 10/01/2018

Realty Executives Premier Illinois
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,760

Year Built

  • Built in 1899

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60 x 120
  • Landscaped Professionally
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener

Home Design

  • Farmhouse Style Home
  • Stone Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • Ceiling Fan

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 5 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump

Schools

  • Longfellow Elementary School
  • Franklin Middle School
  • Wheaton North High School

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $49,440
  • Net Operating Income $28,832

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,760

Year Built

Built in 1899

Lot Details

7,841 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Farmhouse
  • New Construction: No
  • Standard Status: Closed
  • Year Built: 1899
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 5
  • Total Bedrooms: 5
  • Other Equipment: TV-Cable, Ceiling Fan(s), Sump Pump
  • Basement Description: Partially Finished,Exterior Access
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Stone
  • Lot Features: Corner Lot, Landscaped
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: N/A
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Steam
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Fee Information

  • Other Expenses $: 20608

Schools

  • Elementary School: LONGFELLOW ELEMENTARY SCHOOL
  • High School: WHEATON NORTH HIGH SCHOOL
  • Middle/Junior School: FRANKLIN MIDDLE SCHOOL

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.18
  • Lot Dimensions: 60 X 120
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • TenantPays: Scavenger

Multi Family

  • Net Operating Income: 28832
  • GrossIncome: 49440
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 9759.54
  • Tax Year: 2017
  • Tax Exemptions: None

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Downtown Wheaton, IL

  • Ryan Luu Real Estate Agent - Real People Realty

    Ryan Luu

    Real People Realty

    (708) 859-6910

    179 Total Sales

    1 in Downtown Wheaton

    $350,000 Price

    Ryan Luu
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  • Robin McGinn Real Estate Agent - RE/MAX IMPACT

    Robin McGinn

    RE/MAX IMPACT

    (224) 386-3023

    101 Total Sales

    1 in Downtown Wheaton

    $353,000 Price

    Robin McGinn
     Section Image
  • Mark Plunkett Real Estate Agent - @properties Christies International Real Estate

    Mark Plunkett

    @properties Christies International Real Estate

    (630) 491-5305

    65 Total Sales

    5 in Downtown Wheaton

    $390K - $1.1M Price Range

    Mark Plunkett
     Section Image
  • Tina Marie Mateja Real Estate Agent - Jameson Sotheby's International Realty

    Tina Marie Mateja

    Jameson Sotheby's International Realty

    (708) 998-4292

    116 Total Sales

    1 in Downtown Wheaton

    $430,000 Price

    Tina Marie Mateja
     Section Image
  • Susann Rhoades Real Estate Agent - RE/MAX Suburban

    Susann Rhoades

    Responds Quickly

    RE/MAX Suburban

    (224) 328-3593

    65 Total Sales

    1 in Downtown Wheaton

    $770,000 Price

    Susann Rhoades
     Section Image
  • Eddie Ruettiger Real Estate Agent - Exit Real Estate Specialists

    Eddie Ruettiger

    Exit Real Estate Specialists

    (708) 719-9080

    225 Total Sales

    1 in Downtown Wheaton

    $280,000 Price

    Eddie Ruettiger
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
301 E Seminary Llc $513,000 First American Title
Brown Christopher A $517,500 First American Title
Norton Daniel A $425,000 Atg
Norton Richard B -- Land Title Group Inc
Norton Richard B $175,000 Land Title Group Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $360,000
Previous Owner Norton Daniel A $340,000
Previous Owner Norton Richard B $247,500
Previous Owner Norton Richard B $250,000
Previous Owner Norton Richard B $170,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/28/2018 12/28/18 Sold $513,000 -1.3% --
10/10/2018 10/10/18 Pending -- -- --
10/01/2018 10/01/18 For Sale $520,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,206 $189,381 $26,095 $163,286
2023 $11,781 $174,320 $24,020 $150,300
2022 $10,263 $148,200 $58,580 $89,620
2021 $10,240 $144,680 $57,190 $87,490
2020 $10,212 $143,330 $56,660 $86,670
2019 $9,990 $139,540 $55,160 $84,380
2018 $9,889 $136,530 $53,970 $82,560
2017 $9,760 $131,500 $51,990 $79,510
2016 $13,101 $171,410 $49,910 $121,500
2015 $13,033 $163,520 $47,610 $115,910
2014 $12,539 $154,650 $45,030 $109,620
2013 $12,214 $155,110 $45,160 $109,950
Source: Public Records

Agents Affiliated with this Home

  • Diane Lynch Real Estate Agent - Realty Executives

    Seller's Agent in 2018

    Diane Lynch

    Realty Executives

    (630) 254-4226

    2 in this area

    49 Total Sales

    Diane Lynch
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10098690

Midwest Real Estate Data (MRED)
Illinois DuPage County Wheaton 60187 Downtown Wheaton

301 E Seminary Ave, Wheaton, IL

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) 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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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