NOT LISTED FOR SALE

321 E 13th St Lockport, IL 60441

Estimated Value: $363,000 - $398,000

5 Beds
3 Baths
-- Sq Ft
1883 Built

Last Sold July 25, 2023

Last sale price $342,000

Est. 10% increase in value since last sale

Current estimated payment $2,725/month

10 Days on Market

About This Home

As of July 2023

Great investment opportunity in the heart of Lockport. Updated 2 unit with full finished basement. First unit has 3 bedrooms and 2 baths with basement. Second unit has 2 bedrooms and 1 bath.

Last Agent to Sell the Property

Christopher Knollin

Realty Executives Elite License #471019537 Listed on: 06/13/2023

Realty Executives Elite

Last Buyer's Agent

Debbie Schroeder

Baird & Warner License #475123637

Baird & Warner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,798

Year Built

  • Built in 1883

Parking

  • 1 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Stucco

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Schools

  • Lockport Township High School

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 60x160
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,798

Year Built

Built in 1883

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1883
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • List Price: 325000
  • Waterfront: No
  • Exterior Building Type: Stucco

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 4
  • Number of Cars: 5
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Schools

  • High School: Lockport Township High School
  • Middle/Junior School District: 91

Lot Info

  • Lot Dimensions: 60X160
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 6798.1
  • Tax Year: 2021

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
Jun 13, 2023
Closed on
Jul 11, 2023
Sold by
Pima Property Group Llc
Bought by
Jennings Angela
Seller's Agent
Christopher Knollin
Realty Executives Elite
Buyer's Agent
Debbie Schroeder
Baird & Warner
List Price
$325,000
Sold Price
$342,000
Premium/Discount to List
$17,000
5.23%
Views
131
Current Estimated Value
$375,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,621
Avg. Annual Appreciation
0.37%
Original Mortgage
$335,805
Interest Rate
6.69%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 10, 2020
Closed on
Jan 25, 2021
Sold by
Plascencia Jose
Bought by
Pima Property Group Llc
Seller's Agent
Luis Vargas
Coldwell Banker Realty
Buyer's Agent
Christopher Knollin
Realty Executives Elite
List Price
$230,000
Sold Price
$230,700
Premium/Discount to List
$700
0.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.20%
Original Mortgage
$892,320
Interest Rate
2.6%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 30, 2007
Sold by
Plascencia Jose and The Plascencia Family Trust
Bought by
Plascencia Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
6.31%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 23, 2007
Sold by
Suburban Bank & Trust Co
Bought by
Plascencia Jose and The Plascencia Family Trust
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
Jennings Angela $342,000 Chicago Title
Pima Property Group Llc $230,700 First American Title
Plascencia Jose -- None Available
Plascencia Jose $170,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jennings Angela $337,544
Closed Jennings Angela $335,805
Previous Owner Pima Property Group Llc $892,320
Previous Owner Plascencia Jose $154,000
Previous Owner Financial Bank & Trust Co $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2023 07/25/23 Sold $342,000 +5.2% --
06/24/2023 06/24/23 Pending -- -- --
06/13/2023 06/13/23 For Sale $325,000 +40.9% --
01/29/2021 01/29/21 Sold $230,700 +0.3% --
12/14/2020 12/14/20 Pending -- -- --
12/10/2020 12/10/20 For Sale $230,000 -- --
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
2023 $8,024 $83,904 $19,886 $64,018
2022 $7,145 $77,612 $18,550 $59,062
2021 $6,798 $72,937 $17,433 $55,504
2020 $6,640 $70,539 $16,860 $53,679
2019 $6,332 $66,862 $15,981 $50,881
2018 $5,997 $61,811 $14,774 $47,037
2017 $5,576 $56,107 $13,411 $42,696
2016 $5,276 $51,757 $12,372 $39,385
2015 $4,846 $46,024 $11,002 $35,022
2014 $4,846 $44,254 $10,579 $33,675
2013 $4,846 $45,157 $10,795 $34,362
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11807423

Midwest Real Estate Data (MRED)

APN: 04-23-342-008