NOT LISTED FOR SALE

Estimated Value: $524,938

12 Beds
12 Baths
-- Sq Ft
0.29 Acres

Last Sold January 15, 2021

Last sale price $381,000

Est. 38% increase in value since last sale

Current estimated payment $3,501/month

7 Days on Market

About This Home

As of January 2021

53 YEAR OLD BRICK 6 UNIT; NEW ROOF 2013; 4 YEAR CITY CERTIFICATE; EACH UNIT APPROXIMATELY 1150 SQ. FT. WITH FULL BATH AND 3/4 MASTER BEDROOM BATH; TENANTS PAY ALL UTILITIES; OFF STREET PARKING FOR 10 PLUS CARS; 2 1/2 CAR DETACHED GARAGE; BUILDINGS TO THE NORTH AND EAST ARE OWNED AND OPERATED BY THE CITY OF JOLIET; CURRENT RENTS DO NOT REFLECT CURRENT MARKETR CONDITIONS!!! RENTS SHOULS BE IN THE RANGE OF $900 TO 995 PER MONTH;TENANTS ARE ALL MONTH TO MONTH IN ANTICIPATION OF MARKETING; BUILDING SHOWS WELL EXCEPT FOR ON UNIT THAT THE OCCUPANT HAS BEEN THERE FOR 30 YEARS!

Last Agent to Sell the Property

Marcos Rojas

Marcos Rojas Realty Inc License #471018390 Listed on: 10/19/2020

Last Buyer's Agent

Manuel Gil

Angels Financial Real Estate Corp License #471017750

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,683

Year Built

  • 1967

Lot Details

  • 0.29

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Utilities

  • Window Unit Cooling System

Community Details

  • Insurance Expense $2,943

Listing and Financial Details

  • Tenant pays for air conditioning, electric, heat, water/sewer
  • $11,000 Seller Concession

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,683

Year Built

1967

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Land Trust
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Operating Income Year: 2019
  • Net Oper Income: 44319
  • Outdoor Parking: 6-12 Spaces
  • Roof Coverings: Shingle Composition
  • Roof Structure: Mansard
  • Scavenger Expense: 120
  • Total Annual Exp: 3681
  • Total Annual Income: 48000
  • Total Monthly Income: 4000
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Stories: 3
  • Estimated Year Built: 1967
  • Type Multi Family: Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1967

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Acreage: 0.29
  • Construction: Brick
  • Frontage Access: City Street

Garage/Parking

  • Number Of Parking Spaces: 12

Utilities

  • Air Conditioner: Window Unit/s
  • Heatventilation: Electric
  • Water Expense: 78

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 540
  • Electrical Service: Circuit Breakers

Lot Info

  • Lot Dimensions: 96.5X132
  • Lot Sq Ft: 12632
  • Parcel Identification Number: 3007094020260000

Rental Info

  • Gross Rental Income: 48000
  • Tenant Pays: Air Conditioning, Electric, Heat, Water/Sewer

Multi Family

  • Expense Year: 2019
  • Insurance Expense: 2943

Tax Info

  • Taxes: 7,303

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2020
Closed on
Jan 15, 2021
Sold by
Henderson Gregory M
Bought by
Timber Wolf Property Management Llc
Seller's Agent
Marcos Rojas
Marcos Rojas Realty Inc
Buyer's Agent
Manuel Gil
Angels Financial Real Estate Corp
List Price
$379,900
Sold Price
$381,000
Premium/Discount to List
$1,100
0.29%
Current Estimated Value
$524,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,938
Avg. Annual Appreciation
6.65%
Original Mortgage
$292,500
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Timber Wolf Property Management Llc $381,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Timber Wolf Property Management Llc $292,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $381,000 +0.3% --
10/26/2020 10/26/20 Pending -- -- --
10/19/2020 10/19/20 For Sale $379,900 -- --
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
2023 $7,683 $76,000 $20,592 $55,408
2022 $7,019 $76,000 $20,592 $55,408
2021 $7,142 $76,000 $20,592 $55,408
2020 $7,136 $76,000 $20,592 $55,408
2019 $7,303 $76,000 $20,592 $55,408
2018 $7,573 $76,000 $20,592 $55,408
2017 $7,850 $76,000 $20,592 $55,408
2016 $8,168 $76,000 $20,592 $55,408
2015 $9,201 $76,000 $20,592 $55,408
2014 $9,201 $76,000 $20,592 $55,408
2013 $9,201 $88,320 $20,592 $67,728
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10911049

Midwest Real Estate Data (MRED)

APN: 07-09-402-026