NOT LISTED FOR SALE

Estimated Value: $188,103 - $240,000

3 Beds
2 Baths
-- Sq Ft
-- Built

Last Sold July 23, 2024

Last sale price $225,000

Est. 4% decrease in value since last sale

Current estimated payment $1,515/month

10 Days on Market

About This Home

As of July 2024

Great investment opportunity: this two unit property offering the possibility to live in one unit while renting out the other. The main unit features one bedroom, one bathroom, living room, and kitchen, while the second unit offers two bedrooms, one bathroom, living room, and kitchen-dining area. With impeccable maintenance and a strategic location near the expressway. This property is an ideal investment for both living and generating passive income. Additionally, both units currently have tenants in place, providing immediate rental income. Multiple offers received. Please submit your highest & best by 05/18, 7pm.

Last Agent to Sell the Property

Yolanda Vargas Villa

Keller Williams Innovate License #475201581 Listed on: 05/06/2024

Keller Williams Innovate

Last Buyer's Agent

Maria Cedano

Spring Realty License #475146401

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,185

Home Design

  • Stucco

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 6 Parking Spaces
  • Alley Access
  • Uncovered Parking
  • Parking Space is Owned

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 25x125

Community Details

  • 2 Units
  • Two Story Two Flat

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,185

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: Unknown
  • 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: 3
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0

Exterior Features

  • List Price: 205000
  • Waterfront: No
  • Exterior Building Type: Stucco

Garage/Parking

  • Parking Features: Alley Access
  • ParkingTotal: 6
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Schools

  • Middle/Junior School District: 86

Lot Info

  • Lot Dimensions: 25X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 4185.36
  • Tax Year: 2022

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2024
Closed on
Jul 10, 2024
Sold by
Gonzalez Cristian Josue
Bought by
Gonzalez Marco A
Seller's Agent
Yolanda Vargas Villa
Keller Williams Innovate
Buyer's Agent
Maria Cedano
Spring Realty
List Price
$205,000
Sold Price
$225,000
Premium/Discount to List
$20,000
9.76%
Views
42
Current Estimated Value
$215,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,995
Avg. Annual Appreciation
-2.32%
Original Mortgage
$6,000
Outstanding Balance
$1,228
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$218,298

Purchase Details

Listed on
Aug 13, 2022
Closed on
Sep 28, 2022
Sold by
Dg Enterprises Llc
Bought by
Gonzalez Cristian Josue
Seller's Agent
Steve Kuyawa
Village Realty, Inc
Buyer's Agent
Yolanda Vargas Villa
Keller Williams Innovate
List Price
$160,000
Sold Price
$170,000
Premium/Discount to List
$10,000
6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.75%
Original Mortgage
$166,920
Interest Rate
5.62%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 10, 2012
Sold by
Clerk Of Will County
Bought by
Dg Enterprises Llc Xprop Llc

Purchase Details

Closed on
Mar 7, 2003
Sold by
Highland Harold R and Highland Debbie M
Bought by
Ludwig Karl and Saltzman Meagan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,594
Interest Rate
6%
Mortgage Type
FHA

Purchase Details

Closed on
May 2, 1995
Sold by
Chipman Charles S and Chipman Sharon E
Bought by
Highland Harold R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,507
Interest Rate
8.43%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 23, 1993
Sold by
First Midwest Trust Company Natl Assn
Bought by
Chipman Charles S and Chipman Sharon E
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
Gonzalez Marco A $225,000 Chicago Title
Gonzalez Cristian Josue $170,000 Greater Illinois Title
Dg Enterprises Llc Xprop Llc -- None Available
Ludwig Karl $89,000 First American Title
Highland Harold R $69,000 --
Chipman Charles S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gonzalez Marco A $6,000
Open Gonzalez Marco A $220,923
Previous Owner Gonzalez Cristian Josue $166,920
Previous Owner Ludwig Karl $112,000
Previous Owner Ludwig Karl $87,594
Previous Owner Highland Harold R $64,100
Previous Owner Highland Harold R $68,507
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2024 07/23/24 Sold $225,000 +9.8% --
05/20/2024 05/20/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $205,000 +20.6% --
09/30/2022 09/30/22 Sold $170,000 +6.3% --
09/02/2022 09/02/22 For Sale $160,000 -5.9% --
09/01/2022 09/01/22 Off Market $170,000 -- --
09/01/2022 09/01/22 Pending -- -- --
08/22/2022 08/22/22 Pending -- -- --
08/13/2022 08/13/22 For Sale $160,000 -- --
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 $4,053 $50,101 $4,735 $45,366
2022 $3,756 $45,320 $4,283 $41,037
2021 $3,978 $42,327 $4,000 $38,327
2020 $3,774 $40,197 $3,799 $36,398
2019 $3,590 $37,358 $3,531 $33,827
2018 $3,440 $34,521 $3,263 $31,258
2017 $3,242 $31,386 $2,967 $28,419
2016 $3,106 $28,903 $2,720 $26,183
2015 $2,998 $27,100 $2,550 $24,550
2014 $2,998 $28,050 $2,550 $25,500
2013 $2,998 $29,278 $2,849 $26,429
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12049084

Midwest Real Estate Data (MRED)

APN: 07-09-325-008