NOT LISTED FOR SALE

Estimated Value: $239,000 - $252,000

3 Beds
1 Bath
915 Sq Ft
$268/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $220,000 $240 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,739/month

5 Days on Market

Highlights

  • Living Room
  • Laundry Room
  • 1-Story Property
  • John J. Lukancic Middle School Rated 9+
  • Shed
  • Forced Air Heating and Cooling System

About This Home

As of June 2023

Attention investors! Here's your chance to own a fantastic Completely done and Rented investment property - a single-family home with a reliable tenant already in place, offering great cash flow potential. Please note that this property is being sold to investors only as the existing lease must be honored through October 2024. This well-maintained home has undergone several key updates, ensuring minimal maintenance and attracting long-term tenants. The roof was replaced in 2016, providing peace of mind for years to come. The AC system was updated in 2018, ensuring optimal climate control and energy efficiency. Additionally, a new water heater was installed in 2021, offering reliable hot water supply. Before being rented in late 2022, the home received further upgrades to attract quality tenants. New Luxury Vinyl Plank (LVP) flooring was installed throughout, offering durability and a modern aesthetic. The entire home was freshly painted, providing a clean and inviting atmosphere. The bathroom underwent a remodeling project, providing a contemporary and stylish space. The kitchen boasts a beautiful quartz countertop and a stunning backsplash, adding a touch of elegance to the heart of the home. With a tenant in place until October 2024, this property offers an immediate and steady cash flow. It presents a perfect opportunity for investors looking to generate passive income or engage in 1031 exchanges. Don't miss out on this outstanding investment property that combines reliable tenancy, recent updates, and excellent cash flow potential. Contact us today to secure this prime investment opportunity!

Last Agent to Sell the Property

Sanjay Marathe

Keller Williams Infinity License #475168373 Listed on: 05/25/2023

Keller Williams Infinity

Last Buyer's Agent

Sanjay Marathe

Keller Williams Infinity License #475168373 Listed on: 05/25/2023

Keller Williams Infinity

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,712

Year Built

  • Built in 1961 | Remodeled in 2003

Lot Details

  • 6,098

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 915 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Crawl Space
  • Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Parking Included in Price

Schools

  • Robert C Hill Elementary School
  • John J Lukancic Middle School
  • Romeoville High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Shed
  • 6,098 Sq Ft Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,712

Year Built

Built in 1961 | Remodeled in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1961
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2003
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2003

Interior Features

  • Appliances: Range, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • LivingArea: 915
  • Other Equipment: Ceiling Fan(s)
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 220000
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Driveway
  • ParkingTotal: 2
  • Number of Cars: 2
  • Driveway: Concrete
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Robert C Hill Elementary School
  • High School: Romeoville High School
  • Middle/Junior School: John J Lukancic Middle School
  • Middle/Junior School District: 365U

Lot Info

  • Lot Size Acres: 0.14
  • Lot Dimensions: 6215
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4712.2
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2022
Closed on
Aug 12, 2022
Sold by
Trust Number 2799
Bought by
Munoz Maria
Seller's Agent
Brittany Hollis
Lori Bonarek Realty
Buyer's Agent
Matt Lysien
Suburban Life Realty, Ltd
List Price
$190,000
Sold Price
$176,000
Premium/Discount to List
-$14,000
-7.37%
Current Estimated Value
$244,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,852
Avg. Annual Appreciation
10.48%
Original Mortgage
$176,000
Interest Rate
1.6%
Mortgage Type
Construction

Purchase Details

Closed on
May 30, 2003
Sold by
Gatto Laverne
Bought by
Nlsb and Trust #2799
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
Munoz Maria $176,000 First American Title
Nlsb -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Munoz Maria $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $220,000 0.0% $240 / Sq Ft
05/31/2023 05/31/23 Pending -- -- --
05/25/2023 05/25/23 For Sale $220,000 +25.0% $240 / Sq Ft
08/19/2022 08/19/22 Sold $176,000 -7.4% $192 / Sq Ft
07/10/2022 07/10/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $190,000 0.0% $208 / Sq Ft
05/27/2022 05/27/22 Pending -- -- --
05/26/2022 05/26/22 Price Changed $190,000 -5.0% $208 / Sq Ft
05/18/2022 05/18/22 For Sale $199,999 -- $219 / Sq Ft
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 $4,862 $56,934 $19,303 $37,631
2022 $4,712 $50,078 $16,979 $33,099
2021 $4,497 $46,824 $15,876 $30,948
2020 $4,383 $45,284 $15,354 $29,930
2019 $4,148 $42,282 $14,336 $27,946
2018 $3,870 $38,901 $13,189 $25,712
2017 $3,672 $36,873 $12,501 $24,372
2016 $3,544 $35,100 $11,900 $23,200
2015 $3,114 $33,700 $11,400 $22,300
2014 $3,114 $30,700 $10,400 $20,300
2013 $3,114 $30,700 $10,400 $20,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11792378

Midwest Real Estate Data (MRED)

APN: 02-34-301-035