NOT LISTED FOR SALE

411 Summit St Joliet, IL 60435

Saint John's Neighborhood

Estimated Value: $288,000 - $327,660

12 Beds
6 Baths
-- Sq Ft
0.29 Acres Lot

Sale Details

Date Sold: February 9, 2016

Last sale price $230,000 $0 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,375 / mo

63 Days on Market

About This Home

As of February 2016

Don't miss this great investment opportunity. This unique property feature 6 sunny units. Each has 2 bedrooms and 1 bath that has identical floor plans. All units are rented out. Rents are lower than market due to long term tenants... Tenants pay own gas and electric. coin operating washer and dryer in basement. Each unit has large storage locker and parking space. All units are in very good condition. It has great income potential.

Last Agent to Sell the Property

Ken Yung

Charles Rutenberg Realty Listed on: 11/02/2015

Charles Rutenberg Realty

Last Buyer's Agent

Maribel Martinez

Karges Realty License #471010710

Property Details

Home Type

  • Multi-Family

Year Built

  • 1965

Lot Details

  • 0.29

Basement

  • Basement Cellar

Community Details

  • Insurance Expense $2,800

Listing and Financial Details

  • Tenant pays for air conditioning, electric, heat

Property Details

Home Type

Multi-Family

Year Built

1965

Lot Details

0.29 Acres

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Total Annual Income: 40800
  • Total Monthly Income: 3400
  • Number Of Stories: 2
  • Estimated Year Built: 1965
  • Type Multi Family: Corridor-Interior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1965

Interior Features

  • Basement: Cellar

Exterior Features

  • Acreage: 0.29

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Heatventilation: Forced Air, Gas
  • Water Expense: 3300

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 900

Lot Info

  • Lot Dimensions: 59' X 211'
  • Parcel Identification Number: 30070922602100

Rental Info

  • Gross Rental Income: 40800
  • Tenant Pays: Air Conditioning, Electric, Heat

Multi Family

  • Insurance Expense: 2800

Tax Info

  • Taxes: 5655.04

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
Nov 2, 2015
Closed on
Feb 5, 2016
Sold by
Bought by
Seller's Agent
Ken Yung
Charles Rutenberg Realty
Buyer's Agent
Maribel Martinez
Karges Realty
List Price
$250,000
Sold Price
$230,000
Premium/Discount to List
-$20,000
-8%
Current Estimated Value
$309,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,415
Avg. Annual Appreciation
2.90%
Original Mortgage
$161,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 2014
Sold by
Bought by

Purchase Details

Closed on
Nov 29, 1993
Sold by
Bought by

Purchase Details

Closed on
Feb 26, 1992
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$230,000 Greater Illinois Title Co
-- Chicago Title Land Trust Co
-- --
$112,500 --
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
Closed $161,000
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
02/09/2016 02/09/16 Sold $230,000 -8.0% --
01/04/2016 01/04/16 Pending -- -- --
11/02/2015 11/02/15 For Sale $250,000 -- --
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
2024 $8,487 $107,080 $14,317 $92,763
2023 $8,487 $95,140 $12,721 $82,419
2022 $7,948 $86,061 $11,507 $74,554
2021 $7,554 $80,378 $10,747 $69,631
2020 $7,167 $76,332 $10,206 $66,126
2019 $6,817 $70,940 $9,485 $61,455
2018 $6,532 $65,552 $8,765 $56,787
2017 $6,156 $59,598 $7,969 $51,629
2016 $5,898 $54,872 $7,306 $47,566
2015 $5,655 $51,450 $6,850 $44,600
2014 $5,655 $51,200 $6,800 $44,400
2013 $5,655 $54,283 $7,565 $46,718
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Ken Yung

    Charles Rutenberg Realty

    Section Image
  • Maribel Martinez

    Buyer's Agent in 2016

    Maribel Martinez

    Karges Realty

    (815) 955-0762

    6 in this area

    106 Total Sales

    Maribel Martinez
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09077125

Midwest Real Estate Data (MRED)

APN: 30-07-09-226-021

Illinois Will County Joliet 60435 Saint John's

411 Summit St, Joliet, IL

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.

Midwest Real Estate Data (MRED) 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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