NOT LISTED FOR SALE

311 E Dearborn St Plano, IL 60545

Estimated Value: $221,000 - $280,000

6 Beds
2 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold March 11, 2021

Last sale price $187,000

Est. 37% increase in value since last sale

Current estimated payment $1,620/month

17 Days on Market

About This Home

As of March 2021

Great investment opportunity with this well maintained two flat home. Ideal for investors or homeowners looking to offset the cost of their mortgage with rental income. The lower level was completely rehabbed in 2010. Updated drywall, electric, plumbing, floors, doors, windows, furnace, and A/C. The upper level has new furnace and A/C in the last year. In 2019 chimney tuck pointed and sewer system updated in basement. This rental property has been owned, cared for, and been a great source of income to the same owners for over 40 years!!!

Last Agent to Sell the Property

Alan Kinney

Coldwell Banker Real Estate Group License #475176221 Listed on: 12/05/2020

Coldwell Banker Real Estate Group

Co-Listed By

Marcy Kinney

Swanson Real Estate

Last Buyer's Agent

Frank Peterson

Kirch Property Management License #471021741

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,329

Year Built

  • Built in 1895 | Remodeled in 2010

Lot Details

  • 7,405

Home Design

  • Stone Foundation
  • Asphalt Roof
  • Steel Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Parking Space is Owned

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 60x120
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,329

Year Built

Built in 1895 | Remodeled in 2010

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1895
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2010
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • MRD_AP1: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner,Laundry Hook-Up
  • MRD_AP2: Stove,Refrigerator,Central Air Conditioner
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2010

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • Foundation Details: Stone
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Steel Siding

Garage/Parking

  • Parking Features: Driveway
  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Heating: Natural Gas
  • Water Source: Public

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 60X120
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 3328.92
  • Tax Year: 2019

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2020
Closed on
Jan 23, 2021
Sold by
Thompson Katherine and Thompson Trust
Bought by
Thompson Katherine and Eidler Stephanie L
Seller's Agent
Alan Kinney
Coldwell Banker Real Estate Group
Buyer's Agent
Frank Peterson
Kirch Property Management
List Price
$195,000
Sold Price
$187,000
Premium/Discount to List
-$8,000
-4.1%
Current Estimated Value
$256,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,724
Avg. Annual Appreciation
6.85%
Original Mortgage
$183,612
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 22, 2017
Sold by
Thompson Katherine
Bought by
Thompson Katherine and Thompson Trust Number 103
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Thompson Katherine $187,000 North National Title
Thompson Katherine -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Katherine $6,000
Previous Owner Thompson Katherine $183,612
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2021 03/11/21 Sold $187,000 -4.1% --
12/22/2020 12/22/20 Pending -- -- --
12/05/2020 12/05/20 For Sale $195,000 -- --
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 $3,294 $46,028 $9,377 $36,651
2023 $2,938 $40,939 $8,340 $32,599
2022 $2,938 $37,354 $7,610 $29,744
2021 $3,328 $35,045 $7,140 $27,905
2020 $3,362 $34,358 $7,000 $27,358
2019 $3,329 $33,273 $6,712 $26,561
2018 $3,366 $31,688 $6,392 $25,296
2017 $3,321 $29,387 $6,391 $22,996
2016 $3,232 $25,879 $6,391 $19,488
2015 $3,201 $22,446 $5,500 $16,946
2014 -- $20,566 $5,000 $15,566
2013 -- $21,132 $6,266 $14,866
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10947674

Midwest Real Estate Data (MRED)

APN: 01-22-466-007