Seller's Agent in 2021
Anthony Spangler
Horvath & Tremblay IL, LLC
(708) 704-1368
1 in this area
33 Total Sales
3750 Green St Steger, IL 60475
Estimated Value: $184,000 - $199,000
13
Beds
5
Baths
--
Sq Ft
0.52
Acres
About This Home
As of December 2021Unit Bedroom Bath Rent Unit 1 1 Bed 1 BA 550 Unit 2 1 Bed 1 BA 650 Unit 3 2 Bed 1 BA 645 Unit 4 2 Bed 1 BA 675 Unit 5 1 Bed 1 BA 650 Unit 6 2 Bed 1 BA 700 Unit 7 2 Bed 1 BA 850 Unit 8 2 Bed 1 BA 675 Gross Potential Rent $64,740 Vacancy 5% $3,237 Laundry $1,850 Effective Gross Income $63,353 Real Estate Taxes $7,959 Insurance $2,500 Water $1,968 Electric $1,068 Gas $2,137 Trash Removal $1,257 Landscaping/Snow $1,575 Repairs & Maintenance $2,150 Total Expenses $20,614 NOI $42,739 Price $399,000 Cap Rate 10.71% Stabilized Cap Rate 13.64% Price Per Unit $49,875
Last Agent to Sell the Property
Horvath & Tremblay IL, LLC License #475173833 Listed on: 06/23/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,959
Year Built
- Built in 1950
Lot Details
- 0.52 Acre Lot
- Additional Parcels
Bedrooms and Bathrooms
- 13 Bedrooms
- 5 Bathrooms
Additional Features
- 2-Story Property
- Heating System Uses Gas
Listing and Financial Details
- Tenant pays for electricity
Community Details
Overview
- 8 Units
Building Details
- Electric Expense $1,068
- Insurance Expense $2,500
- Maintenance Expense $2,150
- Trash Expense $1,257
- Water Sewer Expense $1,968
- Operating Expense $20,614
- Gross Income $64,740
- Net Operating Income $42,739
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 10, 2010
Sold by
North Star Trust Company
Bought by
Mkrs Investments Llc
Current Estimated Value
Purchase Details
Closed on
Jun 16, 2004
Sold by
Payne Curtis and Payne Antoinette
Bought by
Great Lakes Trust Co and Trust #03018
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 22, 1999
Sold by
Dandino Pat and Johnson Linda M
Bought by
Payne Curtis and Payne Antoinette
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,200
Interest Rate
8.25%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mkrs Investments Llc | -- | None Available | |
| Great Lakes Trust Co | $255,000 | Title One | |
| Payne Curtis | $260,000 | Title One | |
| Dandino Pat | -- | Title One |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Great Lakes Trust Co | $330,000 | |
| Previous Owner | Great Lakes Trust Co | $204,000 | |
| Previous Owner | Payne Curtis | $187,200 | |
| Closed | Payne Curtis | $26,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/27/2021 12/27/21 | Sold | $391,500 | -1.9% | -- |
| 10/14/2021 10/14/21 | Pending | -- | -- | -- |
| 08/09/2021 08/09/21 | For Sale | -- | -- | -- |
| 07/26/2021 07/26/21 | Pending | -- | -- | -- |
| 06/24/2021 06/24/21 | For Sale | $399,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $7,753 | $66,917 | $4,132 | $62,785 |
| 2022 | $6,768 | $59,471 | $3,672 | $55,799 |
| 2021 | $6,408 | $54,451 | $3,362 | $51,089 |
| 2020 | $6,223 | $51,032 | $3,151 | $47,881 |
| 2019 | $5,943 | $47,962 | $2,961 | $45,001 |
| 2018 | $5,738 | $46,929 | $2,897 | $44,032 |
| 2017 | $5,681 | $43,233 | $2,669 | $40,564 |
| 2016 | $5,983 | $42,954 | $2,652 | $40,302 |
| 2015 | -- | $45,208 | $2,581 | $42,627 |
| 2014 | -- | $54,632 | $2,607 | $52,025 |
| 2013 | -- | $57,248 | $2,732 | $54,516 |
Source: Public Records
Agents Affiliated with this Home
-
Anthony Spangler
-
Steve Harris
Buyer's Agent in 2021
Steve Harris
RE/MAX
(708) 935-6998
10 in this area
178 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11134478
APN: 15-05-405-032
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