NOT LISTED FOR SALE

3446 Phillips Ave Steger, IL 60475

Estimated Value: $165,091 - $242,000

4 Beds
2 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold September 01, 2021

Last sale price $124,000

Est. 67% increase in value since last sale

Current estimated payment $1,586/month

31 Days on Market

Highlights

  • Sitting Room
  • Paved or Partially Paved Lot
  • 4-minute walk to Veterans Memorial Park
  • 1.5 Car Detached Garage

About This Home

As of September 2021

Across from Veterans Memorial Park. Property Located on Double Lot. Investor's Special. Great for the beginning Investor!Full Unfinished Basement With Washer Dryer Hook Ups. Both units are being currently rented out. Make an appointment today!

Last Agent to Sell the Property

Kenneth Hoffman

Hoffman Realtors LLC License #471021471 Listed on: 07/09/2021

Last Buyer's Agent

Steve Harris

RE/MAX 1st Service License #475099011

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,822

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 40 x 100
  • Paved or Partially Paved Lot
  • Additional Parcels

Parking

  • 1.5 Car Detached Garage
  • No Garage
  • Off Alley Parking
  • Parking Included in Price

Home Design

  • Block Foundation
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • Sitting Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Community Well

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $17,983
  • Net Operating Income $5,530

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,822

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Room Type: Sitting Room
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • Foundation Details: Block
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 1.5
  • Parking Features: Off Alley
  • ParkingTotal: 3.5
  • Garage Details: None/NA
  • 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, Sewer-Storm
  • Heating: Natural Gas
  • Water Source: Community Well

Condo/Co-op/Association

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

Fee Information

  • Other Expenses $: 12453

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.08
  • Lot Dimensions: 40 X 100
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • Net Operating Income: 5530
  • GrossIncome: 17983
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 4822.04
  • Tax Year: 2019
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2021
Closed on
Aug 20, 2021
Sold by
Ryno Investments Llc 3446 Phillips
Bought by
Jth Real Estate Llc
Seller's Agent
Kenneth Hoffman
Hoffman Realtors LLC
Buyer's Agent
Steve Harris
RE/MAX 1st Service
List Price
$149,900
Sold Price
$124,000
Premium/Discount to List
-$25,900
-17.28%
Current Estimated Value
$206,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,773
Avg. Annual Appreciation
12.53%

Purchase Details

Closed on
Oct 19, 2019
Sold by
Rak Ryan P
Bought by
Ryno Investments Llc

Purchase Details

Listed on
Jun 8, 2018
Closed on
Jun 19, 2019
Sold by
Stout Richard K
Bought by
Rak Ryan P
Seller's Agent
Leslie Bogs
Bogs Management, Inc.
Buyer's Agent
Kenneth Hoffman
Hoffman Realtors LLC
List Price
$76,767
Sold Price
$68,000
Premium/Discount to List
-$8,767
-11.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.72%
Original Mortgage
$51,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2012
Sold by
Stout Christine A
Bought by
Stout Richard K
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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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
Jth Real Estate Llc $124,000 None Available
Ryno Investments Llc -- Attorney
Rak Ryan P $68,000 Fidelity National Title
Stout Richard K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rak Ryan P $51,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/01/2021 09/01/21 Sold $124,000 -17.3% --
08/10/2021 08/10/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $149,900 +120.4% --
07/08/2019 07/08/19 Sold $68,000 -9.8% -- View Prior Sale
05/30/2019 05/30/19 Pending -- -- --
05/21/2019 05/21/19 Price Changed $75,388 -0.7% --
05/08/2019 05/08/19 Price Changed $75,888 -0.3% --
04/22/2019 04/22/19 Price Changed $76,123 -0.8% --
04/10/2019 04/10/19 For Sale $76,767 0.0% --
04/03/2019 04/03/19 Pending -- -- --
04/01/2019 04/01/19 For Sale $76,767 0.0% --
03/28/2019 03/28/19 Pending -- -- --
03/15/2019 03/15/19 Price Changed $76,767 -1.3% --
03/04/2019 03/04/19 Price Changed $77,777 -2.6% --
02/06/2019 02/06/19 For Sale $79,879 0.0% --
02/03/2019 02/03/19 Pending -- -- --
01/19/2019 01/19/19 Price Changed $79,879 0.0% --
12/27/2018 12/27/18 Price Changed $79,900 -4.9% --
12/26/2018 12/26/18 Price Changed $83,999 -0.2% --
12/17/2018 12/17/18 Price Changed $84,199 -0.1% --
12/11/2018 12/11/18 Price Changed $84,299 -0.2% --
11/30/2018 11/30/18 Price Changed $84,499 -0.6% --
11/23/2018 11/23/18 Price Changed $84,999 -1.2% --
11/15/2018 11/15/18 Price Changed $85,999 -3.9% --
11/10/2018 11/10/18 Price Changed $89,499 -0.7% --
10/23/2018 10/23/18 Price Changed $90,123 -1.2% --
10/16/2018 10/16/18 Price Changed $91,234 -0.7% --
10/06/2018 10/06/18 Price Changed $91,900 -2.1% --
09/29/2018 09/29/18 Price Changed $93,900 -1.1% --
08/28/2018 08/28/18 Price Changed $94,900 -4.8% --
07/27/2018 07/27/18 Price Changed $99,700 -0.1% --
07/20/2018 07/20/18 Price Changed $99,799 -0.1% --
06/29/2018 06/29/18 Price Changed $99,899 -0.1% --
06/20/2018 06/20/18 Price Changed $99,999 0.0% --
06/08/2018 06/08/18 For Sale $100,000 -- --
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
2024 $6,038 $58,364 $3,636 $54,728
2023 $6,038 $52,116 $3,247 $48,869
2022 $5,271 $46,317 $2,886 $43,431
2021 $4,873 $41,407 $2,642 $38,765
2020 $4,732 $38,807 $2,476 $36,331
2019 $4,519 $36,473 $2,327 $34,146
2018 $4,363 $35,688 $2,277 $33,411
2017 $4,320 $32,877 $2,098 $30,779
2016 $4,550 $32,664 $2,084 $30,580
2015 $2,747 $31,790 $2,028 $29,762
2014 $2,747 $19,901 $2,048 $17,853
2013 $2,747 $20,854 $2,146 $18,708
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11150779

Midwest Real Estate Data (MRED)

APN: 23-15-04-101-046