NOT LISTED FOR SALE

400 1st Ave Mendota, IL 61342

Estimated Value: $110,000 - $167,000

6 Beds
2 Baths
-- Sq Ft
6,534 Sq Ft Lot

Last Sold May 13, 2022

Last sale price $75,000

Est. 72% increase in value since last sale

Current estimated payment $951/month

33 Days on Market

Highlights

  • Corner Lot
  • Heating Available
  • 4-minute walk to Blackstone Park

About This Home

As of May 2022

CALLING ALL INVESTORS!--- BRING US YOUR OFFER! THIS 2 UNIT HAS 3 BEDROOMS AND ONE BATH IN EACH UNIT. CURRENTLY OCCUPIED ON SECOND FLOOR ONLY. FULL BASEMENT AND ALL NEW ELECTRICAL SERVICE IN BOTH UNITS. THERE IS A WASHER/DRYER AREA INSIDE FRONT ENTRY.

Last Agent to Sell the Property

Becky McPheeters

Town & Country Realty Sales Listed on: 02/28/2022

Town & Country Realty Sales

Last Buyer's Agent

Becky McPheeters

Town & Country Realty Sales Listed on: 02/28/2022

Town & Country Realty Sales

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,472

Year Built

  • Built in 1880

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 60x110
  • Corner Lot

Home Design

  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Basement Cellar

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Parking Included in Price
  • Unassigned Parking

Schools

  • Blackstone Elementary School
  • Northbrook Middle School
  • Mendota Twp High School

Utilities

  • Heating Available

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,472

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1880
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,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: 6
  • Basement Description: Cellar
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • List Price: 80000
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Unassigned, Off Street
  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Water Source: Public

Condo/Co-op/Association

  • Conversion YN: N

Schools

  • Elementary School: Blackstone Elementary School
  • High School: Mendota Twp High School
  • Middle/Junior School: Northbrook School
  • Middle/Junior School District: 289
  • Elementary School #2: Lincoln Elementary School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.15
  • Lot Dimensions: 60X110
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 18
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2472.14
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2022
Closed on
May 13, 2022
Sold by
Pantoja Juan and Pantoja Guadalupe
Bought by
Cortes Erik
Seller's Agent
Becky McPheeters
Town & Country Realty Sales
Buyer's Agent
Becky McPheeters
Town & Country Realty Sales
List Price
$80,000
Sold Price
$75,000
Premium/Discount to List
-$5,000
-6.25%
Current Estimated Value
$128,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,976
Avg. Annual Appreciation
12.93%
Original Mortgage
$52,500
Outstanding Balance
$50,506
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$60,990
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cortes Erik $70,000 Wheatland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cortes Erik $52,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 Sold $75,000 -6.3% --
04/04/2022 04/04/22 Pending -- -- --
03/29/2022 03/29/22 Price Changed $80,000 0.0% --
03/29/2022 03/29/22 For Sale $80,000 -5.9% --
03/14/2022 03/14/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $85,000 -- --
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
2024 $2,978 $34,378 $4,729 $29,649
2023 $2,853 $32,015 $4,404 $27,611
2022 $2,639 $29,187 $4,015 $25,172
2021 $2,628 $27,629 $3,801 $23,828
2020 $2,472 $26,087 $3,589 $22,498
2019 $2,507 $26,087 $3,589 $22,498
2018 $2,516 $25,515 $3,510 $22,005
2017 $2,549 $25,193 $3,466 $21,727
2016 $2,463 $24,119 $3,318 $20,801
2015 $2,399 $23,387 $3,217 $20,170
2012 -- $26,787 $3,685 $23,102
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11335694

Midwest Real Estate Data (MRED)

APN: 01-33-417021