NOT LISTED FOR SALE

321 S Walnut St Sycamore, IL 60178

Estimated Value: $222,000 - $261,000

4 Beds
3 Baths
-- Sq Ft
8,712 Sq Ft Lot

Last Sold May 05, 2016

Last sale price $143,700

Est. 74% increase in value since last sale

Current estimated payment $1,869/month

71 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Garage ceiling height seven feet or more
  • Lower Floor Utility Room
  • Porch
  • 3-minute walk to Charley Laing Memorial Park

About This Home

As of May 2016

SYCAMORE INCOME PRODUCING 3-UNIT WITH 6 PARKING SPACES + 2 CAR GARAGE + STORAGE SHED WITH LOFT! Each unit has an outside deck, porch or patio! Lower unit is 1 bedroom & 1 bath with $600 rent revenue. Main floor unit is 2 bedrooms + an office/nursery & 1 bath with $750 rent revenue, & upper level is 1 bedroom & 1 bath with $650 rent revenue. Recent improvements: new roof (2013) on front 3/4 portion of building, 8 energy-efficient windows in upper unit; a one time $1,546.56 improvement in 2014, new hot water heater (2015), 2nd hot water heater (2012). Each unit comes equipped with an oven/range & refrigerator. Lower level common area offers a coin operated washer & dryer. Lower & middle level units use gas forced air furnace; seller pays all utilities on these two units. Sellers service furnace every year. Upper level operates on electric service only with a separate meter; tenant pays for electricity. Seller pays all water, sewer & garbage removal on all 3 units.

Last Agent to Sell the Property

Kelly Miller

Hometown Realty Group License #475128979 Listed on: 12/06/2015

Last Buyer's Agent

Ronda Ball

Coldwell Banker Real Estate Group License #475141127

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,706

Year Built

  • Built in 1880

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 75x120
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage ceiling height seven feet or more
  • Driveway
  • Visitor Parking
  • Off-Street Parking
  • Off Alley Parking
  • Parking Included in Price
  • Assigned Parking

Home Design

  • Bungalow
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Lower Floor Utility Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Porch

Schools

  • Sycamore Middle School
  • Sycamore High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Softener is Owned
  • Cable TV Available

Community Details

  • 3 Units
  • Net Operating Income $8,236

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,706

Year Built

Built in 1880

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Year Built: 1880
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Interstate Access
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Other Equipment: Water-Softener Owned, TV-Cable, CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Utility Room-Lower Level
  • Basement Description: Finished,Exterior Access,Other
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0

Exterior Features

  • ExteriorFeatures: Deck, Patio, Porch, Storms/Screens, Cable Access
  • Foundation Details: Concrete Perimeter
  • List Price: 159900
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Assigned, Off Alley, Off Street, Visitor Parking, Driveway
  • ParkingTotal: 8
  • Garage Details: 7 Foot or more high garage door
  • 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, Electric, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Fee Information

  • Other Expenses $: 13165

Schools

  • High School: SYCAMORE HIGH SCHOOL
  • Middle/Junior School: SYCAMORE MIDDLE SCHOOL
  • Middle/Junior School District: 427

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.2
  • Lot Dimensions: 75X120
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 8236
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat,3 Story Unit/s

Tax Info

  • Tax Annual Amount: 4705.9
  • Tax Year: 2014
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2015
Closed on
May 5, 2016
Sold by
Prawitz Gary A and Prawitz Aimee D
Bought by
Ht Properties Of Illinois Llc
Seller's Agent
Kelly Miller
Hometown Realty Group
Buyer's Agent
Ronda Ball
Coldwell Banker Real Estate Group
List Price
$159,900
Sold Price
$143,700
Premium/Discount to List
-$16,200
-10.13%
Current Estimated Value
$249,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,005
Avg. Annual Appreciation
5.35%
Original Mortgage
$40,000
Outstanding Balance
$32,403
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$198,945
Source: Public Records

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Range of Values:

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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
Ht Properties Of Illinois Llc $144,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ht Properties Of Illinois Llc $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2016 05/05/16 Sold $143,700 -10.1% --
02/15/2016 02/15/16 Pending -- -- --
12/06/2015 12/06/15 For Sale $159,900 -- --
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 $5,741 $69,499 $15,361 $54,138
2023 $5,741 $63,464 $14,027 $49,437
2022 $5,516 $58,208 $12,865 $45,343
2021 $5,272 $54,646 $12,078 $42,568
2020 $5,208 $53,303 $11,781 $41,522
2019 $5,131 $52,135 $11,523 $40,612
2018 $5,055 $50,552 $11,173 $39,379
2017 $4,946 $48,552 $10,731 $37,821
2016 $4,844 $46,337 $10,241 $36,096
2015 -- $43,612 $9,639 $33,973
2014 -- $41,413 $9,153 $32,260
2013 -- $42,206 $9,328 $32,878
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09097727

Midwest Real Estate Data (MRED)

APN: 06-32-434-016