NOT LISTED FOR SALE

Estimated Value: $194,000 - $233,000

3 Beds
2 Baths
-- Sq Ft
4,356 Sq Ft Lot

Last Sold February 17, 2021

Last sale price $126,010

Est. 72% increase in value since last sale

Current estimated payment $1,574/month

32 Days on Market

Highlights

  • American Four Square Architecture
  • Forced Air Heating System
  • Paved or Partially Paved Lot
  • 2 Car Detached Garage
  • Ceiling Fan

About This Home

As of February 2021

This wonderful building has just had a drastic price reduction! This is the Best Buy in Joliet right now!! Schedule your appointment today Here is an opportunity to own a wonderful 2 flat in Joliet. There is off street parking and a 2.5 car detached garage for extra income. The gas and electric are separate and there are two gas furnaces and two water heaters. There is a laundry hook up in the basement. This 2 flat is near houses of worship, shopping, and the interstates. The stove and refrigerator stay with both units. The second floor unit has a separate interior access, or exterior access that was just completely rebuilt. There is room for a couple of chairs to sit out in the fresh air. The upper unit Offers privacy and a wonderful view. The upper unit is currently on a month to month lease at $445 but was previously rented for $500 per month. The lower unit tenant just moved out and was paying $800/month. The lower unit was just painted and had some upgrades done. This unit is a great investment, or live in one unit and rent out the other.

Last Agent to Sell the Property

Bob Vergo

Karges Realty License #475103799 Listed on: 12/04/2020

Last Buyer's Agent

Nancy Boyajian

DPG Real Estate Agency License #475166330

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,862

Year Built

  • Built in 1890

Lot Details

  • Lot Dimensions are 30 x 135
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Off-Street Parking
  • Parking Included in Price

Home Design

  • American Four Square Architecture
  • Stone Foundation
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,862

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: American 4-Sq.
  • New Construction: No
  • Year Built: 1890
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Other Equipment: Ceiling Fan(s)
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • Foundation Details: Stone
  • List Price: 129900
  • Lot Features: Sidewalks, Streetlights
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Off Street
  • ParkingTotal: 4
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • 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, Forced Air
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Middle/Junior School District: 86

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 30 X 135
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3861.64
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2020
Closed on
Feb 3, 2021
Sold by
Martin Robert S
Bought by
Lee Marcus L
Seller's Agent
Bob Vergo
Karges Realty
Buyer's Agent
Nancy Boyajian
DPG Real Estate Agency
List Price
$139,900
Sold Price
$126,010
Premium/Discount to List
-$13,890
-9.93%
Current Estimated Value
$217,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,041
Avg. Annual Appreciation
12.46%
Original Mortgage
$94,508
Outstanding Balance
$84,959
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$132,092

Purchase Details

Closed on
Jun 12, 2020
Sold by
Chicago Title Land Trusts
Bought by
Martin Robert S

Purchase Details

Closed on
Jul 22, 2004
Sold by
Marche Carrie and Martin Robert
Bought by
Martin Robert and Marche Robert

Purchase Details

Closed on
Jan 28, 2003
Sold by
Marche Robert S
Bought by
Chicago Title Land Trust Co and Trust #1109572

Purchase Details

Closed on
Jun 6, 2002
Sold by
Quiram Michael S and Quiram Jacquelyn K
Bought by
Marche Robert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
6.87%

Purchase Details

Closed on
Sep 16, 1994
Sold by
Amiot Michael W and Amiot Sheila
Bought by
Quiram Michael S and Quiram Jacquelyn K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,400
Interest Rate
8%
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
Lee Marcus L $126,010 Proper Title
Martin Robert S -- Chicago Title Land Trust Co
Martin Robert -- --
Chicago Title Land Trust Co -- --
Marche Robert S $110,000 First American Title
Quiram Michael S $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Marcus L $94,508
Previous Owner Marche Robert S $77,000
Previous Owner Quiram Michael S $36,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2021 02/17/21 Sold $126,010 -3.0% --
01/05/2021 01/05/21 Pending -- -- --
12/12/2020 12/12/20 Price Changed $129,900 -7.1% --
12/04/2020 12/04/20 For Sale $139,900 -- --
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
2024 $5,081 $60,658 $6,582 $54,076
2023 $5,081 $53,894 $5,848 $48,046
2022 $4,502 $48,751 $5,290 $43,461
2021 $4,279 $45,532 $4,941 $40,591
2020 $4,060 $43,240 $4,692 $38,548
2019 $3,862 $40,186 $4,361 $35,825
2018 $3,700 $37,134 $4,030 $33,104
2017 $3,487 $33,761 $3,664 $30,097
2016 $3,341 $31,088 $3,359 $27,729
2015 $3,221 $29,150 $3,150 $26,000
2014 $3,221 $29,000 $3,150 $25,850
2013 $3,221 $30,703 $3,488 $27,215
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10947193

Midwest Real Estate Data (MRED)

APN: 30-07-09-401-030