NOT LISTED FOR SALE

Estimated Value: $311,000 - $323,000

7 Beds
2 Baths
-- Sq Ft
9,583 Sq Ft Lot

Last Sold October 27, 2023

Last sale price $240,000

Est. 33% increase in value since last sale

Current estimated payment $2,250/month

39 Days on Market

Highlights

  • 2 Car Detached Garage
  • Shed
  • Heating System Uses Natural Gas
  • Porch
  • Ceiling Fan

About This Home

As of October 2023

A GREAT INVESTMENT OPPORTUNITY IS KNOCKING! THIS LEGAL TWO UNIT IS LOCATED JUST BLOCKS AWAY FROM THE UNIVERSITY OF ST. FRANCIS. THE MAIN FLOOR UNIT HAS 4 BEDROOMS AND 1 FULL BATH AND COULD EASILY RENT FOR $1500 MONTHLY. THE SECOND FLOOR UNIT HAS 3 BEDROOMS AND 1 FULL BATH. THIS UNIT IS EASILY RENTABLE FOR $1200 A MONTH! THE BUILDING HAS 3 ELECTRIC METERS, 2 GAS METERS AND 2 WATER METERS AND A TWO CAR DETACHED GARAGE. TENANTS PAY ALL UTILITIES. MAIN FLOOR IS GAS FORCED AIR HEAT. SECOND FLOOR IS ELECTRIC HEAT. WITH THE CLOSE PROXIMITY TO THE UNIVERSITY THIS BUILDING HAS BEEN A CONSISTENT MONEY MAKER OVER THE YEARS! OWNER IS A LICENSED REALTOR AND IS RELATED TO LISTING BROKER.

Last Agent to Sell the Property

Toni Graf

Realty Representatives Inc License #471005175 Listed on: 08/18/2023

Last Buyer's Agent

Ivette Cano

Realty of America, LLC License #475200719

Realty of America, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,751

Year Built

  • Built in 1914

Lot Details

  • Lot Dimensions are 65x128

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Stone Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 2 Bathrooms

Partially Finished Basement

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

Outdoor Features

  • Shed
  • Porch

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,751

Year Built

Built in 1914

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: 1914
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • 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: 7
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump, Water Heater-Gas
  • Basement Description: Partially Finished,Bathroom Rough-In
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0

Exterior Features

  • ExteriorFeatures: Porch
  • Foundation Details: Stone
  • List Price: 250000
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Electric
  • Water Source: Public

Schools

  • Middle/Junior School District: 86

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 65X128
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5751.04
  • Tax Year: 2021

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2023
Closed on
Oct 12, 2023
Sold by
Palmieri Glenn E
Bought by
Alvarez Elizabeth Patricia and Garcia William B
Seller's Agent
Toni Graf
Realty Representatives Inc
Buyer's Agent
Ivette Cano
Realty of America, LLC
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%
Views
132
Current Estimated Value
$318,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,661
Avg. Annual Appreciation
16.79%
Original Mortgage
$180,000
Outstanding Balance
$177,369
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$141,445

Purchase Details

Closed on
Jun 22, 1994
Sold by
Pirc Joseph F
Bought by
Carey Mark and Carey Tracy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,150
Interest Rate
8.61%
Source: Public Records

Range of Values:

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Average Value
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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
Alvarez Elizabeth Patricia $240,000 Fidelity National Title
Carey Mark $92,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Elizabeth Patricia $180,000
Previous Owner Palmieri Glenn E $100,000
Previous Owner Carey Mark $83,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $240,000 -4.0% --
09/27/2023 09/27/23 Pending -- -- --
09/11/2023 09/11/23 For Sale $250,000 0.0% --
08/22/2023 08/22/23 Pending -- -- --
08/18/2023 08/18/23 For Sale $250,000 -- --
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 $6,158 $72,433 $17,734 $54,699
2022 $6,051 $65,521 $16,042 $49,479
2021 $5,751 $61,195 $14,983 $46,212
2020 $5,456 $58,115 $14,229 $43,886
2019 $5,190 $54,010 $13,224 $40,786
2018 $4,973 $49,908 $12,220 $37,688
2017 $4,687 $45,375 $11,110 $34,265
2016 $4,488 $41,753 $10,185 $31,568
2015 $4,326 $39,150 $9,550 $29,600
2014 $4,326 $38,950 $9,500 $29,450
2013 $4,326 $40,627 $10,562 $30,065
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11861976

Midwest Real Estate Data (MRED)

APN: 30-07-09-127-008