NOT LISTED FOR SALE

315 N 7th St Dekalb, IL 60115

Estimated Value: $387,904

8 Beds
5 Baths
-- Sq Ft
8,581 Sq Ft Lot

Sale Details

Date Sold: July 29, 2024

Last sale price $367,000

Est. 6% increase in value since last sale

Current estimated payment $2,758 / mo

95 Days on Market

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 2024

Attention 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

Kathy Brothers

Keller Williams Innovate - Aurora License #475125832 Listed on: 02/23/2024

Keller Williams Innovate - Aurora

Last Buyer's Agent

Alejandro Medina

HomeSmart Realty Group License #475167470

HomeSmart Realty Group

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,175

Year Built

Built in 1930 | Remodeled in 2018

Lot Details

8,581 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1930
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2018
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: Yes
  • MonthToMonthYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Basement: Partial
  • Total Bathrooms: 5
  • Total Bedrooms: 8
  • Other Equipment: Ceiling Fan(s)
  • Basement Description: Unfinished,Crawl
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Porch
  • Foundation Details: Concrete Perimeter
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Frame

Garage/Parking

  • OpenParkingSpaces: 7
  • Parking Features: Off Alley
  • ParkingTotal: 7
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Lot Info

  • Lot Dimensions: 55X156
  • Zoning: COMMR
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: Yes

Multi Family

  • GrossIncome: 54000
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Story Unit/s

Tax Info

  • Tax Annual Amount: 8175
  • Tax Year: 2022

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
Jun 20, 2024
Sold by
Bought by
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
$387,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,904
Avg. Annual Appreciation
2.90%
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
Bought by
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
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$367,000 None Listed On Document
$254,000 Chicago Title
-- --
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 $265,500
Previous Owner $190,500
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 Prior Sale
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% -- View Prior Sale
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

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
2025 $8,096 $111,279 $20,407 $90,872
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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11988066

Midwest Real Estate Data (MRED)

APN: 08-23-182-013

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