NOT LISTED FOR SALE

408 E 10th St Lockport, IL 60441

Estimated Value: $317,396 - $391,000

6 Beds
2 Baths
-- Sq Ft
0.25 Acres

Last Sold October 12, 2021

Last sale price $258,000

Est. 37% increase in value since last sale

Current estimated payment $2,579/month

196 Days on Market

About This Home

As of October 2021

Look at this charming 2 flat located in Lockport not far from the downtown area loaded with restaurants and shopping. Convenient for express way travel. Rent both units or occupy one. Both units are currently rented. New furnace in 2020. Basement has laundry hook-up and plenty of storage. Newer windows and roof. Detached 3 car garage for additional rent. Garage has new roof/gutters. Driveway allows for additional parking. Tenants pay utilities. Great income property.

Last Agent to Sell the Property

Warren Tessari

Real People Realty License #475173004 Listed on: 01/09/2021

Real People Realty

Last Buyer's Agent

Joseph Siwinski

Lincoln-Way Realty, Inc License #471007163

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,383

Year Renovated

  • 2018

Lot Details

  • 0.25

Home Design

  • Vinyl Siding

Unfinished Basement

  • Basement Cellar

Parking

  • Uncovered Parking
  • On-Site Parking

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,383

Year Renovated

2018

Lot Details

0

Listing Details

  • Property Type: Two to Four Units
  • Property Type: Residential Income
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access,Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2018
  • Directions: 159th Street to Madison to 10th
  • Lot Size: 120 X 80
  • New Construction: No
  • Ownership: Fee Simple
  • MRD_AP1: Stove,Refrigerator
  • MRD_AP2: Stove,Refrigerator
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Has Basement: Full
  • Basement Description: Unfinished,Cellar
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • Full Bathrooms: 2
  • Possible Bedrooms: 6
  • Total Bedrooms: 6

Exterior Features

  • Exterior Building Type: Vinyl Siding
  • Waterfront: No

Garage/Parking

  • Parking Features: Side Apron
  • Number of Cars: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A
  • Total Parking Spaces: 3

Utilities

  • Heating: Natural Gas
  • Water Source: Public

Schools

  • High School: Lockport Township High School
  • Junior High Dist: 205

Lot Info

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

Rental Info

  • Board Number: 10

Multi Family

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

Tax Info

  • Tax Annual Amount: 6400
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2022
Sold by
Wojcik Matthew J
Bought by
Ot Rentals Llc-10Th Street
Current Estimated Value
$353,099

Purchase Details

Closed on
Dec 16, 2021
Sold by
Synowiec Jonathan J
Bought by
Wojcik Matthew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,877
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 9, 2021
Closed on
Oct 6, 2021
Sold by
Synowiec Jonathan J
Bought by
Wojcik Matthew J
Seller's Agent
Warren Tessari
Real People Realty
Buyer's Agent
Joseph Siwinski
Lincoln-Way Realty, Inc
Sold Price
$258,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.20%
Original Mortgage
$242,877
Interest Rate
3.38%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 15, 2019
Closed on
Nov 18, 2019
Sold by
Birkbeck Christopher K
Bought by
Synowiec Jonathan J
Seller's Agent
Cindy Plouzek
Home Sellers Realty Inc
Buyer's Agent
Warren Tessari
Real People Realty
List Price
$264,900
Sold Price
$237,000
Premium/Discount to List
-$27,900
-10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.62%
Original Mortgage
$177,750
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2001
Sold by
Landon Ruth H and The Ruth H Landon Revocable Li
Bought by
Birkbeck Christopher K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,771
Interest Rate
7.06%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 16, 1999
Sold by
Landon Ruth H
Bought by
Landon Ruth H and The Ruth H Landon Revocable Li
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
Ot Rentals Llc-10Th Street -- --
Wojcik Matthew J $258,000 First American Title
Wojcik Matthew J $258,000 First American Title
Synowiec Jonathan J $237,000 Chicago Title
Birkbeck Christopher K $160,000 --
Landon Ruth H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wojcik Matthew J $242,877
Previous Owner Wojcik Matthew J $242,877
Previous Owner Synowiec Jonathan J $177,750
Previous Owner Birkbeck Christopher K $157,771
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/12/2021 10/12/21 Sold $258,000 -4.1% --
07/24/2021 07/24/21 Pending -- -- --
07/24/2021 07/24/21 For Sale -- -- --
07/14/2021 07/14/21 Pending -- -- --
06/10/2021 06/10/21 For Sale -- -- --
06/01/2021 06/01/21 Pending -- -- --
05/26/2021 05/26/21 Price Changed $269,000 -10.2% --
05/03/2021 05/03/21 For Sale $299,500 +7.2% --
05/03/2021 05/03/21 Price Changed $279,500 -6.7% --
04/09/2021 04/09/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $299,500 0.0% --
01/11/2021 01/11/21 Pending -- -- --
01/09/2021 01/09/21 For Sale $299,500 +26.4% --
11/26/2019 11/26/19 Sold $237,000 -10.5% -- View Prior Sale
09/17/2019 09/17/19 Pending -- -- --
09/15/2019 09/15/19 For Sale $264,900 -- --
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 $8,383 $97,643 $22,151 $75,492
2023 $8,383 $87,659 $19,886 $67,773
2022 $8,032 $79,678 $18,550 $61,128
2021 $6,979 $74,879 $17,433 $57,446
2020 $6,817 $72,417 $16,860 $55,557
2019 $6,500 $68,642 $15,981 $52,661
2018 $6,156 $63,458 $14,774 $48,684
2017 $5,724 $57,602 $13,411 $44,191
2016 $5,417 $53,136 $12,372 $40,764
2015 $4,645 $44,057 $11,002 $33,055
2014 $4,645 $42,363 $10,579 $31,784
2013 $4,645 $43,228 $10,795 $32,433
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10967087

Midwest Real Estate Data (MRED)

APN: 11-04-23-405-006