NOT LISTED FOR SALE

418 N 7th St Dekalb, IL 60115

Estimated Value: $159,887 - $193,000

3 Beds
2 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold November 01, 2021

Last sale price $96,000

Est. 86% increase in value since last sale

Current estimated payment $1,266/month

208 Days on Market

About This Home

As of November 2021

Conveniently located DeKalb 2-unit rental property. Upper unit features 1 bedroom and 1 bath. Lower units offers 2 bedrooms and 1 bath. Long term tenants in both units. Upper unit currently rented for $525. Lower unit currently rented for $600. Separate electric meters for each unit. One gas meter and the tenants split the gas bill. Owner pays water/sewer/garbage averaging $150 every 2 months. Property is being offered as-is. Siding and roof are roughly 10 years old. Furnace is 12 years old. Great income producing property with established tenants. Property could also be turned back into single family home by opening up the stairway to upstairs.

Last Agent to Sell the Property

Jennifer Daring

Coldwell Banker Realty License #471009391 Listed on: 03/08/2021

Coldwell Banker Realty

Last Buyer's Agent

Dan McClure

Century 21 Circle License #475131664

Century 21 Circle

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,797

Lot Details

  • 3,049

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Unfinished Basement

Parking

  • Uncovered Parking
  • On-Site Parking
  • Parking Space is Owned

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,797

Lot Details

0

Listing Details

  • Property Type: Two to Four Units
  • Property Type: Residential Income
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Directions: South 7th St to Property
  • Lot Size: 60.2X63X81.6X35.4
  • New Construction: No
  • Ownership: Fee Simple
  • MRD_AP1: Stove,Refrigerator,Microwave
  • MRD_AP2: Stove,Refrigerator,Microwave
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Other Equipment: Sump Pump

Exterior Features

  • Roof: Asphalt
  • Exterior Building Type: Vinyl Siding
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned
  • Total Parking Spaces: 1

Utilities

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

Schools

  • Junior High Dist: 428

Lot Info

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

Rental Info

  • Board Number: 10

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Tax Info

  • Tax Exemptions: None
  • Tax Annual Amount: 3908.96
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2021
Closed on
Oct 26, 2021
Sold by
Bulkley Benjamin
Bought by
Schultz Eric
Seller's Agent
Jennifer Daring
Coldwell Banker Realty
Buyer's Agent
Dan McClure
Century 21 Circle
Sold Price
$96,000
Current Estimated Value
$178,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,472
Avg. Annual Appreciation
16.77%
Original Mortgage
$10,000
Interest Rate
3.01%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 21, 2005
Sold by
Kyler Michael
Bought by
Bulkley Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,900
Interest Rate
6.01%
Mortgage Type
New Conventional
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
Schultz Eric $96,000 Chicago Title
Bulkley Benjamin $109,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Schultz Eric $10,000
Open Schultz Eric $76,000
Previous Owner Bulkley Benjamin $102,075
Previous Owner Bulkley Benjamin $106,000
Previous Owner Bulkley Benjamin $104,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2021 11/01/21 Sold $96,000 -10.7% --
10/02/2021 10/02/21 Pending -- -- --
06/30/2021 06/30/21 For Sale -- -- --
06/20/2021 06/20/21 Pending -- -- --
06/16/2021 06/16/21 For Sale -- -- --
06/04/2021 06/04/21 Pending -- -- --
05/27/2021 05/27/21 For Sale $107,500 0.0% --
04/26/2021 04/26/21 Pending -- -- --
04/13/2021 04/13/21 Price Changed $107,500 -4.4% --
04/05/2021 04/05/21 For Sale $112,500 0.0% --
03/22/2021 03/22/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $112,500 -- --
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 $3,797 $46,266 $5,848 $40,418
2023 $3,797 $40,340 $5,099 $35,241
2022 $3,722 $36,830 $5,819 $31,011
2021 $3,823 $34,544 $5,458 $29,086
2020 $3,909 $33,993 $5,371 $28,622
2019 $3,832 $32,657 $5,160 $27,497
2018 $3,742 $31,550 $4,985 $26,565
2017 $3,778 $30,328 $4,792 $25,536
2016 $3,736 $29,562 $4,671 $24,891
2015 -- $28,010 $4,426 $23,584
2014 -- $28,370 $6,404 $21,966
2013 -- $29,801 $6,727 $23,074
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11013642

Midwest Real Estate Data (MRED)

APN: 08-23-179-001