Seller's Agent in 2024
Kathy Brothers
Keller Williams Innovate - Aurora
(630) 201-4664
1 in this area
485 Total Sales
315 N 7th St Dekalb, IL 60115
Estimated Value: $395,505
8
Beds
5
Baths
--
Sq Ft
8,581
Sq Ft Lot
Highlights
- Porch
- Forced Air Heating System
- Paved or Partially Paved Lot
- Shed
- Ceiling Fan
- 3-minute walk to Yusunas Park
About This Home
As of July 2024Attention Investors! Look at the cash flow opportunities here! Located approximately 1 mile from Northern Illinois University, and approximately 4 miles from Meta's new DeKalb Data Center. Unit 1 has 3 bedrooms and 1 1/2 baths, kitchen, three season room, full basement with washer/dryer, huge living room and dining room, three bedrooms upstairs: currently rents for $1400 mo. Some new windows in unit 1. Unit 2 kitchen was updated in 2019. Featuring 1 bedroom, 1 bath, kitchen, washer/dryer combo in unit, all new windows: currently rents for $900 mo. Unit 3 is a 1 bedroom, kitchen, 1 bath, washer/dryer combo in unit, all new windows: currently rents for $800 mo. Units 2 and 3 share furnace. Unit 4 has a kitchen, a mudroom/laundry with a washer/dryer hook up, 1 bed, one bath on the 1st floor, 2 huge bedrooms upstairs each with 2 large closets. Furnace new in 2020: currently rents for $1500 mo. Unit 5 could be rented as storage space if the new owner wants. Units 1 & 4 have their own water heater and furnace, Units 2 & 3 share heat/water. Units all have window AC. These will stay. Each unit has separate electric meters. Laundry is in all units. Sump pump was replaced in 2019. Zoned Commercial. Property has excellent rent history. Don't wait to jump on this opportunity.
Last Agent to Sell the Property
Keller Williams Innovate - Aurora License #475125832 Listed on: 02/23/2024
Last Buyer's Agent
Alejandro Medina
HomeSmart Realty Group License #475167470
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,175
Year Built
- Built in 1930 | Remodeled in 2018
Lot Details
- Lot Dimensions are 55x156
- Paved or Partially Paved Lot
Home Design
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- Ceiling Fan
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Potential Bedrooms
- 5 Bathrooms
Unfinished Basement
- Partial Basement
- Crawl Space
Parking
- 7 Open Parking Spaces
- 7 Parking Spaces
- Off Alley Parking
- Parking Included in Price
Outdoor Features
- Shed
- Porch
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- 4 Units
- Gross Income $54,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 23, 2024
Closed on
Jun 20, 2024
Sold by
Tolman Arlen L
Bought by
Morales Ernesto Morales and Medina Rebecca
Seller's Agent
Kathy Brothers
Keller Williams Innovate - Aurora
Buyer's Agent
Alejandro Medina
HomeSmart Realty Group
List Price
$425,000
Sold Price
$367,000
Premium/Discount to List
-$58,000
-13.65%
Views
2715
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,505
Avg. Annual Appreciation
6.54%
Original Mortgage
$265,500
Interest Rate
7.63%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 28, 2018
Closed on
Dec 26, 2018
Sold by
Elliott Carroll R and Trust No 101
Bought by
Tolman Arlen L
Seller's Agent
Mary Rita Nelson
O'Neil Property Group, LLC
Buyer's Agent
Tom Vierig
Castle View Real Estate
List Price
$285,000
Sold Price
$254,000
Premium/Discount to List
-$31,000
-10.88%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.82%
Original Mortgage
$190,500
Interest Rate
5.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 15, 1994
Sold by
Rowe Jeffrey B
Bought by
Elliott Carroll R and Elliott Betty E
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Morales Ernesto Morales | $367,000 | None Listed On Document | |
| Tolman Arlen L | $254,000 | Chicago Title | |
| Elliott Carroll R | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Morales Ernesto Morales | $265,500 | |
| Previous Owner | Tolman Arlen L | $190,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/29/2024 07/29/24 | Sold | $367,000 | -13.6% | -- |
| 05/29/2024 05/29/24 | Pending | -- | -- | -- |
| 02/23/2024 02/23/24 | For Sale | $425,000 | +67.3% | -- |
| 12/31/2018 12/31/18 | Sold | $254,000 | -10.9% | -- |
| 10/12/2018 10/12/18 | Pending | -- | -- | -- |
| 09/28/2018 09/28/18 | For Sale | $285,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $8,340 | $101,616 | $18,635 | $82,981 |
| 2023 | $8,340 | $88,600 | $16,248 | $72,352 |
| 2022 | $8,175 | $80,891 | $14,834 | $66,057 |
| 2021 | $8,396 | $75,869 | $13,913 | $61,956 |
| 2020 | $8,585 | $74,659 | $13,691 | $60,968 |
| 2019 | $8,417 | $71,725 | $13,153 | $58,572 |
| 2018 | $7,611 | $64,170 | $12,707 | $51,463 |
| 2017 | $7,683 | $61,684 | $12,215 | $49,469 |
| 2016 | $7,598 | $60,127 | $11,907 | $48,220 |
| 2015 | -- | $54,795 | $11,282 | $43,513 |
| 2014 | -- | $55,500 | $11,427 | $44,073 |
| 2013 | -- | $58,298 | $12,003 | $46,295 |
Source: Public Records
Agents Affiliated with this Home
-
Kathy Brothers
-
A
Buyer's Agent in 2024
Alejandro Medina
HomeSmart Realty Group
-
Mary Rita Nelson
Seller's Agent in 2018
Mary Rita Nelson
O'Neil Property Group, LLC
(815) 748-4663
34 in this area
54 Total Sales
-
Tom Vierig
Buyer's Agent in 2018
Tom Vierig
Castle View Real Estate
(815) 508-1918
15 in this area
65 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11988066
APN: 08-23-182-013
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