3701 Spring Grove Rd Johnsburg, IL 60051
Estimated payment $2,491/month
About This Home
Fantastic investment opportunity for an owner-occupant or investor in beautiful Johnsburg. This solid two-story, four-unit brick building is located at the high-traffic corner of Johnsburg and Spring Grove Road. The property offers significant income potential. The building features separate gas and electric meters for each unit, plus one for the owner. Separate parking for tenants. The property includes long-term tenants with a history of on-time payments, a nice patio, and a spacious yard. This is an excellent opportunity to live in one unit while collecting rent from the others. Come make this one yours today!!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,155
Year Built
- Built in 1900
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 8 Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
Parking
- 4 Parking Spaces
- Parking Available
- Driveway
- On-Street Parking
- Off-Street Parking
Utilities
- Heating System Uses Natural Gas
- Well
- Septic Tank
Community Details
- 4 Units
- Gross Income $42,780
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,155 | $101,785 | $20,357 | $81,428 |
| 2023 | $7,055 | $91,189 | $18,238 | $72,951 |
| 2022 | $6,736 | $84,599 | $16,920 | $67,679 |
| 2021 | $6,454 | $78,785 | $15,757 | $63,028 |
| 2020 | $6,277 | $75,501 | $15,100 | $60,401 |
| 2019 | $6,205 | $71,694 | $14,339 | $57,355 |
| 2018 | $5,298 | $60,000 | $10,086 | $49,914 |
| 2017 | $5,733 | $62,314 | $9,466 | $52,848 |
| 2016 | $5,700 | $58,238 | $8,847 | $49,391 |
| 2013 | -- | $57,338 | $8,710 | $48,628 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/13/2026 02/13/26 | For Sale | $364,900 | +102.7% | -- | |
| 01/22/2018 01/22/18 | Sold | $180,000 | -10.0% | -- | View Prior Sale |
| 11/20/2017 11/20/17 | Pending | -- | -- | -- | |
| 11/09/2017 11/09/17 | Price Changed | $199,900 | -2.5% | -- | |
| 08/24/2017 08/24/17 | Price Changed | $205,000 | -2.3% | -- | |
| 07/06/2017 07/06/17 | For Sale | $209,900 | 0.0% | -- | |
| 06/25/2017 06/25/17 | Pending | -- | -- | -- | |
| 06/12/2017 06/12/17 | Price Changed | $209,900 | -4.4% | -- | |
| 02/13/2017 02/13/17 | For Sale | $219,500 | 0.0% | -- | |
| 02/13/2017 02/13/17 | Price Changed | $219,500 | 0.0% | -- | |
| 02/11/2017 02/11/17 | Price Changed | $219,500 | -4.4% | -- | |
| 12/01/2016 12/01/16 | For Sale | $229,500 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $180,000 | None Available | |
| Warranty Deed | $180,000 | Atiorneys Title Guaranty Fun | |
| Warranty Deed | $6,700 | Wheatland Title Guaranty | |
| Warranty Deed | $208,000 | Fatic | |
| Warranty Deed | $185,000 | -- | |
| Warranty Deed | $150,000 | Attorneys Natl Title Network |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $141,000 | No Value Available | |
| Previous Owner | $98,000 | No Value Available | |
| Closed | $44,000 | No Value Available |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12568493
APN: 09-13-252-037
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