NOT LISTED FOR SALE

422 E Illinois Ave Morris, IL 60450

Estimated Value: $244,639 - $307,000

6 Beds
3 Baths
-- Sq Ft
6,098 Sq Ft Lot

Last Sold January 06, 2017

Last sale price $200,000

Est. 37% increase in value since last sale

Current estimated payment $1,936/month

60 Days on Market

Highlights

  • Additional Residence on Property
  • Balcony
  • 1 Car Attached Garage
  • Cape Cod Architecture
  • Porch
  • 5-minute walk to Canalport Park

About This Home

As of January 2017

VERY WELL MAINTAINED AND UPDATED 3 UNIT INVESTMENT PROPERTY. THE MAIN HOUSE INCLUDES A 3 BEDROOM GROUND FLOOR UNIT WITH L/R, D/R, KITCHEN AND FULL BASEMENT. ALL NEW FLOORING FRESHLY PAINTED AND KITCHEN APPLIANCES. 2ND FLOOR 2 BEDROOM, L/R, D/R AND KITCHEN WITH APPLIANCES. AND HAS THEIR OWN PRIVATE BASEMENT. LAUNDRY HOOK UPS FOR BOTH UNITS. BACK COACH HOUSE IS A 1 BEDROOM WITH ATTACHED 1 CAR GARAGE AND KITCHEN APPLIANCES. BACK HOME PRESENTLY RENTED. LIVE IN ONE OF THE UNITS AND USE ADDITIONAL UNIT AS RELATED LIVING OR TO HELP WITH YOUR MORTGAGE. FRONT HOME FEATURES HARDWOOD FLOORING IN SOME OF THE ROOMS AND BUILT-INS.

Last Agent to Sell the Property

Steve Barr

Advantage Realty, Inc. License #475098445 Listed on: 08/24/2016

Last Buyer's Agent

Mark Meers

Spring Realty License #475121706

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,210

Lot Details

  • Lot Dimensions are 50x118
  • Paved or Partially Paved Lot
  • Legal Non-Conforming

Parking

  • 1 Car Attached Garage
  • Driveway
  • Off-Street Parking
  • Off Alley Parking
  • Parking Included in Price

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Storm Screens

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Balcony
  • Porch

Additional Homes

  • Additional Residence on Property

Schools

  • White Oak Elementary School
  • Morris Community High School

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,210

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Cape Cod
  • New Construction: No
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rehab (Y/N): Yes
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Other Equipment: Ceiling Fan(s)
  • Basement Description: Unfinished,Exterior Access
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Balcony, Porch, Storms/Screens
  • Foundation Details: Block, Concrete Perimeter
  • Lot Features: Legal Non-Conforming
  • OtherStructures: Second Residence
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Off Alley, Off Street, Driveway
  • ParkingTotal: 4
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Heating: Natural Gas, Steam
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Schools

  • Elementary School: WHITE OAK ELEMENTARY SCHOOL
  • High School: MORRIS COMMUNITY HIGH SCHOOL
  • Middle/Junior School: WHITE OAK ELEMENTARY SCHOOL

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50X118
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4210.12
  • Tax Year: 2015
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat,Coach House

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2016
Closed on
Jan 6, 2017
Sold by
Dennis F Shay Living Trust
Bought by
Standard Bank And Trust Company and Trust Number 22211
Seller's Agent
Steve Barr
Advantage Realty, Inc.
Buyer's Agent
Mark Meers
Spring Realty
List Price
$219,000
Sold Price
$200,000
Premium/Discount to List
-$19,000
-8.68%
Current Estimated Value
$273,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,160
Avg. Annual Appreciation
3.53%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Standard Bank And Trust Company $200,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2017 01/06/17 Sold $200,000 -8.7% --
10/21/2016 10/21/16 Pending -- -- --
08/22/2016 08/22/16 For Sale $219,000 -- --
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
2024 $6,045 $77,241 $9,708 $67,533
2023 $5,693 $72,745 $9,143 $63,602
2022 $5,251 $67,096 $8,433 $58,663
2021 $5,036 $63,454 $7,975 $55,479
2020 $4,979 $61,834 $7,771 $54,063
2019 $4,693 $58,611 $7,366 $51,245
2018 $4,621 $57,474 $7,223 $50,251
2017 $4,349 $54,452 $6,843 $47,609
2016 $4,308 $54,025 $6,789 $47,236
2015 $4,040 $51,862 $6,517 $45,345
2014 $3,933 $50,508 $6,347 $44,161
2013 $3,998 $52,520 $6,600 $45,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09324494

Midwest Real Estate Data (MRED)

APN: 05-10-102-011