NOT LISTED FOR SALE

417 S 5th St Dekalb, IL 60115

Estimated Value: $212,226 - $234,000

3 Beds
2 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold December 20, 2021

Last sale price $142,500

Est. 55% increase in value since last sale

Current estimated payment $1,570/month

27 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • 4-minute walk to Huntley Park
  • Porch

About This Home

As of December 2021

Looking to be an investor or add to your portfolio or live in one unit and rent the other out - What a way to help with your mortgage! Homeownership or investor opportunity in this fabulous two-unit awaits. This home is very spacious and in great condition including a very large lot with 2 car garage with workbench that faces unto a very nice alley. Plenty of parking in this area. It is in walking distance to downtown. It is also located on one of the only remaining HISTORIC BRICK PAVED STREETS IN DEKALB. The home represents that ERA. This home has been in the owner's family forever. The home was used as a single family for many years. It can be converted back to a single family very easily. A door was added on the exterior from the porch to the upper unit. A door from the kitchen on the lower level exists that goes to the upstairs. This door currently is not in use and remains closed but still functional. The upper unit as a rental has 1 bed, bath, kitchen, living room. The upstairs could be 3 beds by removing the kitchen. The lower level has 2 beds, bath, large eat in kitchen, and large living area. Both units have been updated including flooring, painting. Where the laundry is located in the basement, there is an exterior door for the upper level unit for access to the laundry in the basement. The first level unit has access from the kitchen to the basement/laundry area. This home has had a new roof on the home and garage within the last 7/8 years. New siding was put on the home at the same time. A total tear off and replaced updated back porch with new cement sidewalk leading to the garage and driveway. Newer furnace, water heater, and newer utility sink in the laundry area. Updated plumbing in this area. The electrical in the home has been updated. The basement area is spacious and offers plenty of storage area. It is an older basement that is dry and has plenty of windows for light. The upper level tenant has lived in this unit for the past 5 years taking care of the yard including mowing the lawn.(RENT FOR THIS UNIT IS LOWER DUE TO THE AGREEMENT MADE TO TAKE CARE OF THE YARD). The home has Central AC for the home. There is only 1 meter for the gas, electric, and water. All bills are split 50% except the water bill and that is charged based on a % according to the number of persons living in a unit. THE TENANTS PAY ALL UTILITIES. The landlord prints the bills out and gives copies of the bills to the tenants for their record. Both units are leased until next August 31, 2022. This is a GRAND HOME WITH INCOME POTENTIAL OR A SINGLE HOME.

Last Agent to Sell the Property

Linda Smith

Coldwell Banker Real Estate Group License #475134323 Listed on: 09/21/2021

Coldwell Banker Real Estate Group

Last Buyer's Agent

Cary Nelsen

Weichert REALTORS Signature Professionals License #475176740

Weichert REALTORS Signature Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,937

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 66x165

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking
  • Off Alley Parking
  • Parking Included in Price

Home Design

  • Stone Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms
  • No Tub in Bathroom
  • Separate Shower

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $115
  • Gross Income $18,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,937

Lot Details

0

Parking

2

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): No
  • 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
  • Other Equipment: CO Detectors
  • Basement Description: Unfinished
  • Bathroom Amenities: Separate Shower,No Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Disposal
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Disposal

Exterior Features

  • ExteriorFeatures: Porch, Storms/Screens, Cable Access
  • Foundation Details: Stone
  • List Price: 154900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Off Alley, Off Street
  • ParkingTotal: 4
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • Middle/Junior School District: 428

Lot Info

  • Lot Size Acres: 0.23
  • Lot Dimensions: 66X165
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: Yes

Multi Family

  • Insurance Expense: 115
  • GrossIncome: 18840
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Tax Info

  • Tax Annual Amount: 4937
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2021
Closed on
Dec 20, 2021
Sold by
Smith Linda L and Swanson Shelley A
Bought by
Bhatia Sameera
Seller's Agent
Linda Smith
Coldwell Banker Real Estate Group
Buyer's Agent
Cary Nelsen
Weichert REALTORS Signature Professionals
List Price
$164,900
Sold Price
$142,500
Premium/Discount to List
-$22,400
-13.58%
Current Estimated Value
$220,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,307
Avg. Annual Appreciation
12.28%
Original Mortgage
$106,750
Outstanding Balance
$85,059
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$135,748
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
Bhatia Sameera $142,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhatia Sameera $106,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2021 12/20/21 Sold $142,500 -13.6% --
10/20/2021 10/20/21 Pending -- -- --
09/22/2021 09/22/21 For Sale $164,900 -- --
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 $4,796 $58,434 $10,588 $47,846
2023 $4,796 $50,950 $9,232 $41,718
2022 $4,701 $46,517 $10,536 $35,981
2021 $4,828 $43,629 $9,882 $33,747
2020 $4,937 $42,933 $9,724 $33,209
2019 $4,840 $41,246 $9,342 $31,904
2018 $4,726 $39,847 $9,025 $30,822
2017 $4,771 $38,303 $8,675 $29,628
2016 $4,718 $37,336 $8,456 $28,880
2015 -- $35,376 $8,012 $27,364
2014 -- $35,417 $11,593 $23,824
2013 -- $37,202 $12,177 $25,025
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11226065

Midwest Real Estate Data (MRED)

APN: 08-23-352-010