Katherine Gannon
RE/MAX Experience
(779) 212-7407
24 Total Sales
1 in Malta
$128,500 Price
406 N 3rd St Malta, IL 60150
Malta AreaEstimated Value: $180,000 - $252,000
5
Beds
3
Baths
--
Sq Ft
0.45
Acre Lot
About This Home
As of April 2025Check out this prime 3-unit investment in Malta that offers an excellent opportunity for steady rental income! Situated on a spacious double lot under one PIN number, the building features separate entrances, utilities, and ample living space for each tenant. Recent updates to the property include a new roof and gutters (2019), newer carpet in Unit 3 (2022), updated windows, electrical service, and two new water heaters, as well as a new fridge, front door, and foundation repairs. In 2024, additional improvements were made with the replacement of the front stairs and the installation of new soffit and fascia. The property also offers plenty of off-street parking, a fenced in area for dogs, & a large backyard with plenty of privacy! This property is conveniently located near DeKalb & Northern Illinois University, making it ideal for student or faculty housing. With easy access to Route 38 and I-88, residents can quickly reach surrounding areas like Sycamore and Cortland. Additionally, it's close to the Shabbona Lake State Park, schools, healthcare centers, and has everything you need with a touch of country living! Schedule a showing today!
Last Agent to Sell the Property
iHome Real Estate License #471020173 Listed on: 01/20/2025
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,087
Lot Details
- 19,602 Sq Ft Lot
- Lot Dimensions are 132x66x33x66x165x132
Home Design
- Asphalt Roof
- Aluminum Siding
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 3 Bathrooms
Parking
- 4 Parking Spaces
- Parking Available
Additional Features
- Partial Basement
- Heating System Uses Natural Gas
Community Details
- 3 Units
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 20, 2025
Closed on
Apr 4, 2025
Sold by
Bought by
Seller's Agent
Bryan Bartholomew
iHome Real Estate
Buyer's Agent
Sherry Murphy
Hayden Real Estate, Inc.
List Price
$219,900
Sold Price
$178,900
Premium/Discount to List
-$41,000
-18.64%
Views
151
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,582
Avg. Annual Appreciation
14.89%
Purchase Details
Listed on
Jun 26, 2019
Closed on
Jul 15, 2019
Sold by
Bought by
Seller's Agent
Mike Pittsley
Pittsley Realty
Buyer's Agent
Mike Pittsley
Pittsley Realty
List Price
$86,000
Sold Price
$77,000
Premium/Discount to List
-$9,000
-10.47%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.94%
Original Mortgage
$73,950
Interest Rate
3.73%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Malta, IL
-
Katherine Gannon
-
Haydee Rosas
Haydee Rosas
Coldwell Banker Realty
(708) 905-8427
127 Total Sales
1 in Malta
$210,000 Price
-
Kasey Zeimet
Kasey Zeimet
American Realty Illinois LLC
(708) 905-9846
99 Total Sales
2 in Malta
$175K - $310K Price Range
-
Scott Suchy
Scott Suchy
Northern Illinois Realty LLC
(779) 212-7522
55 Total Sales
1 in Malta
$183,000 Price
-
Patty Tallitsch
PT
Patty Tallitsch
Jean Smith Realty
(779) 212-7437
15 Total Sales
1 in Malta
$210,000 Price
-
JD Gieson
JD Gieson
Responds QuicklyRE/MAX of Rock Valley
(815) 456-8596
491 Total Sales
2 in Malta
$199,900 Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $179,000 | Chicago Title | ||
| $77,000 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $73,950 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/15/2025 04/15/25 | Sold | $178,900 | -5.8% | -- | |
| 03/26/2025 03/26/25 | Pending | -- | -- | -- | |
| 03/07/2025 03/07/25 | Price Changed | $189,900 | -9.3% | -- | |
| 02/23/2025 02/23/25 | Price Changed | $209,400 | -4.6% | -- | |
| 02/07/2025 02/07/25 | Price Changed | $219,400 | -0.2% | -- | |
| 01/20/2025 01/20/25 | For Sale | $219,900 | +185.6% | -- | |
| 08/05/2019 08/05/19 | Sold | $77,000 | -10.5% | -- | View Prior Sale |
| 06/28/2019 06/28/19 | Pending | -- | -- | -- | |
| 06/26/2019 06/26/19 | For Sale | $86,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $3,064 | $43,541 | $19,695 | $23,846 |
| 2024 | $3,087 | $38,713 | $17,511 | $21,202 |
| 2023 | $3,087 | $34,079 | $15,415 | $18,664 |
| 2022 | $3,060 | $30,981 | $14,014 | $16,967 |
| 2021 | $3,170 | $29,467 | $13,329 | $16,138 |
| 2020 | $3,132 | $28,193 | $12,753 | $15,440 |
| 2019 | $3,067 | $27,134 | $12,274 | $14,860 |
| 2018 | $4,761 | $40,999 | $11,761 | $29,238 |
| 2017 | $4,640 | $38,533 | $11,054 | $27,479 |
| 2016 | $4,591 | $37,608 | $10,789 | $26,819 |
| 2015 | -- | $35,479 | $10,178 | $25,301 |
| 2014 | -- | $35,169 | $10,089 | $25,080 |
| 2013 | -- | $36,193 | $10,383 | $25,810 |
Source: Public Records
Agents Affiliated with this Home
-
Bryan Bartholomew
Seller's Agent in 2025
Bryan Bartholomew
iHome Real Estate
(630) 779-3963
202 Total Sales
-
Sherry Murphy
Buyer's Agent in 2025
Sherry Murphy
Hayden Real Estate, Inc.
(815) 761-4554
117 Total Sales
-
Mike Pittsley
M
Seller's Agent in 2019
Mike Pittsley
Pittsley Realty
(815) 756-7768
13 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12273690
APN: 07-23-108-005
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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