NOT LISTED FOR SALE

340 E Grant St Leland, IL 60531

Estimated Value: $261,540

8 Beds
4 Baths
-- Sq Ft
12,197 Sq Ft Lot

Sale Details

Date Sold: November 5, 2021

Last sale price $200,000

Est. 31% increase in value since last sale

Current estimated payment $1,798 / mo

82 Days on Market

About This Home

As of November 2021

GREAT INVESTMENT PROPERTY. RENTERS HAVE BEEN THERE A LONG TIME AND FULLY RENTED. EACH FLOOR HAS A LAUNDRY ROOM WITH COIN OPERATED MACHINES. GREAT CORNER LOT IN A NICE QUIET NEIGHBOR HOOD. VERY EASY TO MAINTAIN. LARGE PARKING LOT BEHIND UNIT. GREAT PLACE TO LIVE IN ONE AND DRAW INCOME ON REST OF THE UNITS.

Last Agent to Sell the Property

Patricia Tuymer

Kettley & Co. Inc. - Sandwich License #475164206 Listed on: 06/29/2021

Last Buyer's Agent

Ryan Ivemeyer

O'Neil Property Group, LLC License #471021972

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,632

Year Built

  • Built in 1970

Lot Details

  • 12,197 Sq Ft Lot
  • Lot Dimensions are 132x92x132x92

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 10 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Parking Space is Owned
  • Unassigned Parking

Outdoor Features

  • Deck

Utilities

  • Heating Available
  • Private or Community Septic Tank

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $1,440
  • Water Sewer Expense $460
  • Net Operating Income $25,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,632

Year Built

Built in 1970

Lot Details

0.28 Acres

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1970
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Parking Features: Unassigned, Off Street
  • ParkingTotal: 10
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Septic-Private
  • Heating: Electric
  • Water Source: Public

Fee Information

  • Water Sewer Expenses: 460
  • Trash Expense Year: 1080

Lot Info

  • Lot Size Acres: 0.28
  • Lot Dimensions: 132X92X132X92
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • TenantPays: Electric

Multi Family

  • Net Operating Income: 25400
  • ElectricExpense: 1440
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 4632.22
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2021
Closed on
Nov 1, 2021
Sold by
Abens Joshua and Wiley Lauren
Bought by
Stark Rentals Llc
Seller's Agent
Patricia Tuymer
Kettley & Co. Inc. - Sandwich
Buyer's Agent
Ryan Ivemeyer
O'Neil Property Group, LLC
List Price
$230,000
Sold Price
$200,000
Premium/Discount to List
-$30,000
-13.04%
Current Estimated Value
$261,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,540
Avg. Annual Appreciation
6.26%
Original Mortgage
$160,000
Outstanding Balance
$146,612
Interest Rate
2.99%
Mortgage Type
Commercial
Estimated Equity
$114,928

Purchase Details

Listed on
Jul 14, 2015
Closed on
Jan 29, 2016
Sold by
Kuhn Robert W and Kuhn Jane
Bought by
Mpl Profits Llc
Seller's Agent
Dan Merenkov
john greene, Realtor
Buyer's Agent
Dan Merenkov
john greene, Realtor
List Price
$194,000
Sold Price
$140,000
Premium/Discount to List
-$54,000
-27.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.38%
Original Mortgage
$140,000
Interest Rate
3.97%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Stark Rentals Llc $200,000 Chicago Title
Mpl Profits Llc $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stark Rentals Llc $160,000
Previous Owner Mpl Profits Llc $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/05/2021 11/05/21 Sold $200,000 -13.0% --
09/20/2021 09/20/21 Pending -- -- --
06/29/2021 06/29/21 For Sale $230,000 +64.3% --
01/29/2016 01/29/16 Sold $140,000 -17.2% -- View Prior Sale
12/06/2015 12/06/15 Pending -- -- --
12/03/2015 12/03/15 Price Changed $169,000 -12.9% --
07/14/2015 07/14/15 For Sale $194,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $4,667 $52,239 $7,368 $44,871
2023 $4,791 $52,239 $7,368 $44,871
2022 $4,569 $49,282 $6,951 $42,331
2021 $4,598 $49,282 $6,951 $42,331
2020 $4,632 $49,282 $6,951 $42,331
2019 $4,712 $49,282 $6,951 $42,331
2018 $4,733 $49,282 $6,951 $42,331
2017 $4,817 $49,282 $6,951 $42,331
2016 $4,790 $49,282 $6,951 $42,331
2015 $4,800 $49,282 $6,951 $42,331
2012 -- $49,282 $6,951 $42,331
Source: Public Records

Agents Affiliated with this Home

  • Patricia Tuymer

    Seller's Agent in 2021

    Patricia Tuymer

    Kettley & Co. Inc. - Sandwich

    (630) 333-6379

    59 Total Sales

    Patricia Tuymer
    Section Image
  • Ryan Ivemeyer

    Buyer's Agent in 2021

    Ryan Ivemeyer

    O'Neil Property Group, LLC

    (630) 425-8815

    175 Total Sales

    Ryan Ivemeyer
    Section Image

  • D

    Seller's Agent in 2016

    Dan Merenkov

    john greene Realtor

    (630) 253-5298

    4 Total Sales

    Dan Merenkov
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11140093

Midwest Real Estate Data (MRED)

APN: 04-05-406013

Illinois La Salle County Leland 60531

340 E Grant St, Leland, IL

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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