NOT LISTED FOR SALE

32329 S West River Rd Wilmington, IL 60481

Estimated Value: $349,000 - $491,000

7 Beds
6 Baths
2,400 Sq Ft
$180/Sq Ft Est. Value

Last Sold October 25, 2022

Last sale price $390,000 $162 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,033/month

20 Days on Market

Highlights

  • Additional Residence on Property
  • River Front
  • 1.75 Acre Lot
  • L.J. Stevens Intermediate School Rated A-
  • Second Garage
  • Deck

About This Home

As of October 2022

GREAT INVESTMENT OPPORTUNITY TO OWN THIS INVESTMENT COMPOUND PROPERTY WITH 1 3/4 ACRES ON THE KANKAKEE RIVER. THE PROPERTY IS ONE PIN NUMBER WITH 3 ADDRESSES. THE PROPERTY CONSISTS OF TWO 2 BEDROOM RANCH HOMES WITH IN UNIT LAUNDRY ROOMS WITH EACH UNIT HAVING A 1 CAR GARAGE AND SEPERATE UTILITY METERS SO THE TENANTS PAY THIER OWN UTILITIES BILLS. THERE IS A 3 BEDROOM SINGLE FAMILY HOME WITH RELATED LIVING AREA WHICH IS CURRENTLY USED BY THE CURRENT OWNER AND HAS ITS OWN 4 HEATED CAR GARAGE, THE SINGLE FAMILY HOME HAS 2 BIG DECKS OVERLOOKING THE RIVER. THERE IS A POTENTIAL FOR ADDITIONAL RENTALS. THERE IS ALSO A 25 X 70 HEATED GARAGE WITH A WALK UP ATTIC PLUS THERE IS A 16 X 16 SCREEN HOUSE. DRIVEWAY GOES ALL THE WAY DOWN TO THE RIVER. IT IS HARD TO PUT ALL THE POTENTIAL AMENITIES INTO WORDS, BUT SEEING IS BELIEVING, SO COME AND CHECK IT OUT YOU WILL BE AMAZED.

Last Agent to Sell the Property

Clifford Rago

RE/MAX 10 License #475130947 Listed on: 07/12/2022

RE/MAX 10

Last Buyer's Agent

Stephen Styck

Styken Real Estate and Property Management License #471021538

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,131

Lot Details

  • 1.75 Acre Lot
  • Lot Dimensions are 100 x 700
  • River Front

Parking

  • 8 Car Detached Garage
  • Second Garage
  • Multiple Garages
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Screened Porch
  • Crawl Space
  • Storm Screens

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 6 Bathrooms

Outdoor Features

  • Tideland Water Rights
  • Deck
  • Screened Patio
  • Outbuilding

Additional Homes

  • Additional Residence on Property

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,131

Lot Details

0

Parking

8

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Age: 31-40 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: None
  • Total Bathrooms: 6
  • Total Bedrooms: 7
  • Room Type: Screened Porch
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 6
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Window Air Conditioner,Garage/Space,Laundry Hook-Up
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Window Air Conditioner,Garage/Space,Laundry Hook-Up
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner,Garage/Space,Laundry Hook-Up,Cathedral Ceilings,Skylights/Windows,Cooktop,Oven/Built-in

Exterior Features

  • ExteriorFeatures: Deck, Screened Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 449900
  • Lot Features: River Front
  • OtherStructures: Guest House, Outbuilding, Second Garage, Second Residence
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Vinyl Siding,Frame

Garage/Parking

  • Garage Spaces: 8
  • Number of Cars: 8
  • Garage Details: Garage Door Opener(s),Transmitter(s),Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Water Rights

Schools

  • Middle/Junior School District: 209U

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 1.75
  • Lot Dimensions: 100 X 700
  • Zoning: LNC
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5131
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat,1 Story Unit/s,Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2023
Sold by
Engler Properties Llc
Bought by
County Of Will
Current Estimated Value
$431,897

Purchase Details

Listed on
Jul 12, 2022
Closed on
Oct 24, 2022
Sold by
Theresa Desonia Declaration Of Trust
Bought by
Engler Properties Llc Xxiii
Seller's Agent
Clifford Rago
RE/MAX 10
Buyer's Agent
Stephen Styck
Styken Real Estate and Property Management
List Price
$449,900
Sold Price
$390,000
Premium/Discount to List
-$59,900
-13.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.47%
Original Mortgage
$585,000
Interest Rate
5.89%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 5, 1994
Sold by
Desonia Theresa
Bought by
The Theresa Desonia Declaration Trust
Source: Public Records

Range of Values:

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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
County Of Will $14,400 None Listed On Document
Engler Properties Llc Xxiii $390,000 Fidelity National Title Insura
The Theresa Desonia Declaration Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Engler Properties Llc Xxiii $585,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2022 10/25/22 Sold $390,000 -13.3% $163 / Sq Ft
08/02/2022 08/02/22 Pending -- -- --
07/12/2022 07/12/22 For Sale $449,900 -- $187 / Sq Ft
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 $9,003 $118,557 $19,744 $98,813
2023 $9,003 $113,950 $20,333 $93,617
2022 $4,963 $103,188 $18,413 $84,775
2021 $5,065 $96,302 $17,184 $79,118
2020 $5,132 $93,770 $16,732 $77,038
2019 $5,179 $91,922 $16,402 $75,520
2018 $5,208 $89,829 $16,029 $73,800
2017 $5,258 $83,913 $14,973 $68,940
2016 $5,233 $77,091 $13,756 $63,335
2015 $5,472 $75,247 $13,427 $61,820
2014 $5,472 $76,007 $13,563 $62,444
2013 $5,472 $80,996 $14,453 $66,543
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11461834

Midwest Real Estate Data (MRED)

APN: 03-17-35-401-005