$229,000
PRE-FORECLOSURE The borrower is in default on their loan obligation and/or the bank or lender has initiated foreclosure proceedings. This property is occupied, do not disturb the occupants. Trespassing is a criminal offense.

40 N Sycamore Ln Glenwood, IL 60425

Estimated payment $1,672/month

Total Views 13,996
2 Beds
2 Baths
763 Sq Ft
$300 Price per Sq Ft

Highlights

  • 1 Car Attached Garage
  • Laundry Room
  • Dining Room
  • Living Room
  • Forced Air Heating System
  • Family Room

About This Home

Turnkey Investment Opportunity! Part of a single-family portfolio with an average 8 cap rate. This fully renovated, tenant-occupied property is a hassle-free addition to any investor's portfolio. Whether you're an experienced investor or a regular buyer looking for a move-in-ready home, this is a fantastic opportunity to own a well-maintained property with immediate rental income potential.

Listing Agent

Kamil Nowakowski

United Real Estate Elite License #471010335 Listed on: 02/25/2025

United Real Estate Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,887

Year Built

  • Built in 1967

Lot Details

  • Paved or Partially Paved Lot

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • Split Level Home
  • Frame Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 763 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,887

Year Built

Built in 1967

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Split Level
  • Year Built: 1967
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 763
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 763
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 2
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 229000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 167

Lot Info

  • Lot Dimensions: 8048
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 4886.78
  • Tax Year: 2023

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,887 $12,000 $2,817 $9,183
2023 $4,147 $12,000 $2,817 $9,183
2022 $4,147 $11,155 $2,414 $8,741
2021 $4,170 $11,155 $2,414 $8,741
2020 $4,289 $11,155 $2,414 $8,741
2019 $2,933 $8,824 $2,213 $6,611
2018 $2,786 $8,824 $2,213 $6,611
2017 $2,841 $8,824 $2,213 $6,611
2016 $3,101 $8,359 $2,012 $6,347
2015 $2,944 $8,359 $2,012 $6,347
2014 $2,920 $8,359 $2,012 $6,347
2013 $3,007 $9,227 $2,012 $7,215
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2025 02/26/25 Price Changed $229,000 0.0% $300 / Sq Ft
02/26/2025 02/26/25 For Sale $229,000 0.0% $300 / Sq Ft
02/28/2023 02/28/23 Rented $2,100 0.0% --
02/10/2023 02/10/23 Under Contract -- -- --
01/28/2023 01/28/23 For Rent $2,100 0.0% --
06/22/2022 06/22/22 Sold $115,000 -8.0% $151 / Sq Ft
05/17/2022 05/17/22 Pending -- -- --
05/02/2022 05/02/22 For Sale $125,000 +8.7% $164 / Sq Ft
04/30/2022 04/30/22 Off Market $115,000 -- --
04/21/2022 04/21/22 For Sale $125,000 -- $164 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $101,000 --
Corporate Deed $68,000 Chicago Title Insurance Co
Warranty Deed $85,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $174,000 New Conventional
Closed $174,000 New Conventional
Closed $100,845 FHA
Previous Owner $63,750 No Value Available
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12256073

Midwest Real Estate Data (MRED)

APN: 32-03-415-008-0000