NOT LISTED FOR SALE

Estimated Value: $385,000 - $462,000

3 Beds
2 Baths
1,404 Sq Ft
$309/Sq Ft Est. Value

Last Sold July 12, 2024

Last sale price $403,000 $287 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,971/month

5 Days on Market

Highlights

  • Multiple Garages
  • 5-minute walk to Wheaton Station
  • Enclosed Patio or Porch
  • Emerson Elementary School Rated A
  • 3 Car Detached Garage
  • 5-minute walk to Central Park

About This Home

As of July 2024

MULTIPLE OFFERS RECEIVED (See broker notes)! Welcome to this unique multi-unit property in the heart of Wheaton, offering a fantastic opportunity for investors or those looking to convert it into a stunning single-family home. Currently configured as a two-unit property, the main floor features 2 spacious bedrooms, a full bath, a cozy living room, a dining area, an enclosed front porch, a back deck, and a well-equipped kitchen. The main floor unit is occupied by a long-term tenant who is now on a month-to-month lease, providing flexibility for future plans. The upstairs unit, which is currently unoccupied, boasts 1 bedroom, a full bath, a comfortable living room, and a kitchen, ready for immediate use or potential remodeling. The property includes an unfinished basement with laundry facilities and ample storage space, adding to the convenience and functionality of the home. Additionally, the property offers alleyway access to 5 parking spaces, three of which are single-car garages located directly behind the property. The home is situated in a prime location with great schools and a short walk to downtown Wheaton, the train station, shops, and restaurants. With immense value and significant upside potential, this property is a perfect candidate for updates and customization to make it anything you want it to be. Don't miss out on this incredible opportunity in a highly sought-after area of Wheaton. Schedule your showing today and begin the possibilities! This property won't last long-act fast!

Last Agent to Sell the Property

Raul Delgado

Berkshire Hathaway HomeServices Chicago License #475194026 Listed on: 06/19/2024

Berkshire Hathaway HomeServices Chicago

Co-Listed By

Samantha Bauman

Berkshire Hathaway HomeServices Chicago License #475170564

Last Buyer's Agent

Exclusive Agency

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,133

Year Built

  • Built in 1890

Lot Details

  • Lot Dimensions are 53x169

Parking

  • 3 Car Detached Garage
  • Multiple Garages
  • Parking Included in Price

Home Design

  • Aluminum Siding

Interior Spaces

  • 1,404 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch
  • Shed

Schools

  • Wheaton North High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,133

Year Built

Built in 1890

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1890
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1404
  • Room Type: Kitchen, Enclosed Porch
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • OtherStructures: Shed(s)
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage Details: Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Wheaton North High School

Lot Info

  • Lot Dimensions: 53X169
  • 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: 8133
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2024
Closed on
Jul 12, 2024
Sold by
John W Whitmer W and John Donna L
Bought by
Korb Micah and Korb Molly
Seller's Agent
Raul Delgado
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Exclusive Agency
NON MEMBER
List Price
$325,000
Sold Price
$403,000
Premium/Discount to List
$78,000
24%
Views
158
Current Estimated Value
$434,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,331
Avg. Annual Appreciation
5.19%
Original Mortgage
$302,250
Outstanding Balance
$299,360
Interest Rate
8.13%
Mortgage Type
New Conventional
Estimated Equity
$134,971

Purchase Details

Closed on
Mar 17, 2010
Sold by
Whitmer John W and Whitmer Donna L
Bought by
Whitmer John W and Whitmer Donna L

Purchase Details

Closed on
Jun 30, 2008
Sold by
Whitmer Donna and Whitmer Donna L
Bought by
Whitmer John W and Whitmer Donna L
Source: Public Records
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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
Korb Micah $403,000 Ticor Title
Whitmer John W -- None Available
Whitmer John W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Korb Micah $302,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2024 07/12/24 Sold $403,000 +24.0% $287 / Sq Ft
06/25/2024 06/25/24 Pending -- -- --
06/19/2024 06/19/24 For Sale $325,000 -- $231 / 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
2024 $8,426 $130,738 $33,244 $97,494
2023 $8,133 $120,340 $30,600 $89,740
2022 $7,876 $113,730 $28,920 $84,810
2021 $7,858 $111,030 $28,230 $82,800
2020 $7,837 $110,000 $27,970 $82,030
2019 $7,667 $107,100 $27,230 $79,870
2018 $6,929 $95,670 $25,660 $70,010
2017 $6,838 $92,140 $24,710 $67,430
2016 $6,761 $88,460 $23,720 $64,740
2015 $6,726 $84,390 $22,630 $61,760
2014 $7,035 $86,760 $19,370 $67,390
2013 $6,853 $87,020 $19,430 $67,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12084361

Midwest Real Estate Data (MRED)

APN: 05-16-327-013