$309,000
SOLD APR 10, 2025

345 Illinois St Unit 347 East Dundee, IL 60118

4 Beds
2 Baths
-- Sq Ft
6,970 Sq Ft Lot

Recently Sold

Highlights

  • Ranch Style House
  • Two Heating Systems
  • Paved or Partially Paved Lot
  • Shed
  • Fenced

About This Home

As of April 2025

side by side duplex. Dated units rents are low

Last Agent to Sell the Property

Larry Hines

RE/MAX Horizon License #475123873 Listed on: 03/10/2025

RE/MAX Horizon

Last Buyer's Agent

Larry Hines

RE/MAX Horizon License #475123873 Listed on: 03/10/2025

RE/MAX Horizon

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,750

Year Built

  • Built in 1947

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 60 x 115
  • Fenced
  • Paved or Partially Paved Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Ranch Style House
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Window Screens
  • Basement Fills Entire Space Under The House
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Shed

Utilities

  • Two Heating Systems
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,700
  • Gross Income $26,700
  • Net Operating Income $19,250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,750

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Year Built: 1947
  • Age: 71-80 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: Unfinished, Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Other Equipment: TV-Cable, CO Detectors
  • Window Features: Screens
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Aluminum Siding
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter
  • List Price: 309000
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Street Lights, Street Paved
  • Conversion YN: N

Schools

  • Middle/Junior School District: 300

Lot Info

  • Lot Size Acres: 0.16
  • Lot Dimensions: 60 X 115
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Multi Family

  • Net Operating Income: 19250
  • Insurance Expense: 1700
  • GrossIncome: 26700
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: Duplex Side by Side

Tax Info

  • Tax Annual Amount: 5750
  • Tax Year: 2023
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2025
Closed on
Mar 26, 2025
Sold by
Lu Chuanjiang
Bought by
Szekely Michael and Szekely Eugenia
Seller's Agent
Larry Hines
RE/MAX Horizon
Buyer's Agent
Larry Hines
RE/MAX Horizon
List Price
$309,000
Sold Price
$309,000
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.58%
Original Mortgage
$231,750
Outstanding Balance
$231,054
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$77,353

Purchase Details

Listed on
Mar 10, 2025
Closed on
Mar 10, 2025
Sold by
Ren Tongschaung and Ren Tongshuang
Bought by
Lu Chuanjiang
Seller's Agent
Larry Hines
RE/MAX Horizon
Buyer's Agent
Larry Hines
RE/MAX Horizon
List Price
$309,000
Sold Price
$309,000
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,750
Outstanding Balance
$231,054
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$77,353

Purchase Details

Listed on
Jun 28, 2020
Closed on
Jul 22, 2020
Sold by
Sherwin Mark
Bought by
Ren Tongschaung and Lu Chuanjiang
Seller's Agent
Larry Hines
RE/MAX Horizon
Buyer's Agent
Larry Hines
RE/MAX Horizon
List Price
$182,000
Sold Price
$178,000
Premium/Discount to List
-$4,000
-2.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.45%

Purchase Details

Closed on
Feb 19, 2001
Sold by
Sloma Audrey and Sloma Robert J
Bought by
Sherwin Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,750
Interest Rate
6.91%
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 Type Sale Price Title Company
Warranty Deed $309,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $178,000 Chicago Title
Warranty Deed $145,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $231,750 New Conventional
Previous Owner $132,750 New Conventional
Previous Owner $152,000 Unknown
Previous Owner $141,730 Unknown
Previous Owner $141,000 Unknown
Previous Owner $137,750 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2025 08/07/25 For Rent $1,745 0.0% --
04/10/2025 04/10/25 Sold $309,000 0.0% --
03/10/2025 03/10/25 Pending -- -- --
03/10/2025 03/10/25 For Sale $309,000 +73.6% --
07/30/2020 07/30/20 Sold $178,000 0.0% --
07/11/2020 07/11/20 Off Market $178,000 -- --
06/29/2020 06/29/20 Pending -- -- --
06/28/2020 06/28/20 For Sale $182,000 -- --
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 $5,760 $76,060 $25,059 $51,001
2023 $5,750 $68,436 $22,547 $45,889
2022 $4,801 $55,137 $22,547 $32,590
2021 $4,716 $52,060 $21,289 $30,771
2020 $4,649 $50,889 $20,810 $30,079
2019 $4,571 $48,309 $19,755 $28,554
2018 $4,917 $49,549 $19,364 $30,185
2017 $4,754 $46,351 $18,114 $28,237
2016 $4,937 $44,879 $17,539 $27,340
2015 -- $42,053 $16,435 $25,618
2014 -- $40,892 $15,981 $24,911
2013 -- $42,143 $16,470 $25,673
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12308577

Midwest Real Estate Data (MRED)

APN: 03-22-284-003