NOT LISTED FOR SALE

309 Wilshire Dr Sandwich, IL 60548

Estimated Value: $305,000 - $406,864

7 Beds
4 Baths
-- Sq Ft
0.3 Acres

Last Sold December 29, 2021

Last sale price $245,000

Est. 41% increase in value since last sale

Current estimated payment $2,610/month

183 Days on Market

About This Home

As of December 2021

Short Sale Already approved!!! Long Term Tenants! 4 Unit Ready for the Right Owner. Comprised of (3) Two Bedroom Apartments and (1) One Bedroom Apartment, Each Unit Has Living Room, Eat-In Kitchen, Full Bathroom. Laundry Room on First Floor. Excellent to Be Owner Occupied and collect the Rents on the Other Units. Plenty of Parking for Your Tenants. Close to Schools, Shopping, and Downtown Area of Sandwich. Great income potential.

Last Agent to Sell the Property

Marisa Barragan

Compass REO Incorporated Listed on: 06/10/2021

Compass REO Incorporated

Co-Listed By

Erik Barragan

Compass REO Incorporated License #475163563

Last Buyer's Agent

Sarah Campbell

Your Place Realty Group License #475176623

Your Place Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,080

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 90x162

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned
  • Unassigned Parking

Additional Features

  • Crawl Space
  • Baseboard Heating

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $125
  • Insurance Expense $1,440
  • Trash Expense $147
  • Water Sewer Expense $160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,080

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Basement Description: Crawl
  • 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
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator
  • Room: 4

Exterior Features

  • List Price: 245000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned
  • ParkingTotal: 8
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Electric, Baseboard
  • Water Source: Public

Fee Information

  • Trash Expense: 147
  • Water Sewer Expenses: 160

Schools

  • Middle/Junior School District: 430

Lot Info

  • Lot Size Acres: 0.3
  • Lot Dimensions: 90X162
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 5
  • TenantPays: Electric

Multi Family

  • Insurance Expense: 1440
  • ElectricExpense: 125
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 8080.48
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2021
Closed on
Dec 27, 2021
Sold by
Gomez and Guadalupe
Bought by
Blue Dolphin Properties Llc
Seller's Agent
Marisa Barragan
Compass REO Incorporated
Buyer's Agent
Sarah Campbell
Your Place Realty Group
Sold Price
$245,000
Current Estimated Value
$344,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,480
Avg. Annual Appreciation
10.10%

Purchase Details

Closed on
Apr 4, 2005
Sold by
Ortega Hector
Bought by
Gomez Moises and Gomez Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
7.9%
Mortgage Type
New Conventional
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
Blue Dolphin Properties Llc $245,000 Gardi & Haught Ltd
Gomez Moises $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blue Dolphin Properties Llc $262,500
Previous Owner Gomez Moises $232,500
Previous Owner Gomez Moises $224,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2021 12/29/21 Sold $245,000 0.0% --
12/12/2021 12/12/21 Pending -- -- --
12/08/2021 12/08/21 For Sale -- -- --
08/30/2021 08/30/21 For Sale -- -- --
08/27/2021 08/27/21 Off Market $245,000 -- --
07/26/2021 07/26/21 Pending -- -- --
07/24/2021 07/24/21 Pending -- -- --
06/11/2021 06/11/21 For Sale $239,900 -- --
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 $8,791 $119,128 $26,684 $92,444
2023 $8,791 $106,080 $23,761 $82,319
2022 $8,380 $98,123 $21,979 $76,144
2021 $8,167 $93,620 $20,970 $72,650
2020 $8,080 $92,500 $20,719 $71,781
2019 $8,133 $89,389 $20,022 $69,367
2018 $7,826 $84,769 $18,987 $65,782
2017 $7,579 $80,296 $17,985 $62,311
2016 $7,567 $75,452 $16,900 $58,552
2015 -- $71,989 $16,124 $55,865
2014 -- $71,037 $15,911 $55,126
2013 -- $73,576 $16,480 $57,096
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11119250

Midwest Real Estate Data (MRED)

APN: 19-36-133-017