NOT LISTED FOR SALE

39 Mckinley Ave Steger, IL 60475

Estimated Value: $157,000 - $203,000

5 Beds
3 Baths
-- Sq Ft
6,098 Sq Ft Lot

Last Sold February 19, 2019

Last sale price $87,000

Est. 119% increase in value since last sale

Current estimated payment $1,250/month

10 Days on Market

Highlights

  • Corner Lot
  • Soaking Tub
  • Baseboard Heating
  • 2 Car Detached Garage
  • Zoned Heating
  • Heating System Uses Steam

About This Home

As of February 2019

GREAT LOCATION - TURNKEY INVESTMENT - Solid brick 2 flat (2 BR 1 bath each) w/ additional efficiency studio apartment in back. Large corner lot, just blocks from Chicago Rd shops & restaurants. All 3 units currently rented, bringing in over $24k in gross revenue annually. Efficient steam/boiler baseboard heat (zoned), TWO fireplaces & hardwood floors. Detached 2 car garage & additional off street parking. New front door & updated vinyl windows; partially finished basement. Taxes recently appealed. Good condition, selling AS-IS.

Last Agent to Sell the Property

Cara Dulaitis

Re/Max 10 License #475171505 Listed on: 11/19/2018

Re/Max 10

Last Buyer's Agent

Sue Englert

Elm Street, REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 57x118
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • No Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms
  • Soaking Tub

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Rough-In Basement Bathroom

Utilities

  • Zoned Heating
  • Baseboard Heating
  • Heating System Uses Steam

Community Details

Overview

  • 3 Units
  • 2 Flat + Efficiency Apt

Building Details

  • Gross Income $24,420

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1945
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Basement Description: Partially Finished,Bathroom Rough-In
  • Bathroom Amenities: Soaking Tub
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Fireplace-Wood,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Fireplace-Wood,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Block
  • List Price: 95900
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: None/NA
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Steam, Baseboard, Sep Heating Systems - 2+, Zoned
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Schools

  • Middle/Junior School District: 194

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.14
  • Lot Dimensions: 57X118
  • Zoning: LNC
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Multi Family

  • GrossIncome: 24420
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 6070.18
  • Tax Year: 2017
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2018
Closed on
Feb 14, 2019
Sold by
Moline Barbara and Moline Kim
Bought by
Francis Navin
Seller's Agent
Cara Dulaitis
Re/Max 10
Buyer's Agent
Sue Englert
Elm Street, REALTORS
List Price
$95,900
Sold Price
$87,000
Premium/Discount to List
-$8,900
-9.28%
Current Estimated Value
$190,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,161
Avg. Annual Appreciation
13.17%
Original Mortgage
$65,250
Outstanding Balance
$57,827
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$132,599

Purchase Details

Listed on
Apr 13, 2015
Closed on
May 25, 2015
Sold by
Benco Michael and Estate Of Laszlo Toth
Bought by
Moline Properties Llc
Seller's Agent
Bruce Hackel
RE/MAX 10
Buyer's Agent
Delores Steiber
McColly Real Estate
List Price
$65,000
Sold Price
$60,000
Premium/Discount to List
-$5,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.56%
Source: Public Records

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Range of Values:

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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
Francis Navin $87,000 Fidelity National Title
Moline Properties Llc $60,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Francis Navin $65,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2019 02/19/19 Sold $87,000 -9.3% --
11/29/2018 11/29/18 Pending -- -- --
11/19/2018 11/19/18 For Sale $95,900 +59.8% --
06/08/2015 06/08/15 Sold $60,000 -7.7% --
05/04/2015 05/04/15 Pending -- -- --
04/13/2015 04/13/15 For Sale $65,000 -- --
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
2023 $8,310 $71,722 $9,088 $62,634
2022 $7,254 $63,742 $8,077 $55,665
2021 $6,868 $58,361 $7,395 $50,966
2020 $6,720 $54,697 $6,931 $47,766
2019 $3,593 $51,403 $6,514 $44,889
2018 $2,445 $50,141 $6,374 $43,767
2017 $6,070 $46,192 $5,872 $40,320
2016 $6,393 $45,894 $5,834 $40,060
2015 $4,709 $44,666 $5,678 $38,988
2014 $4,709 $45,117 $5,735 $39,382
2013 $4,709 $47,278 $6,010 $41,268
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10140702

Midwest Real Estate Data (MRED)

APN: 15-05-403-038