NOT LISTED FOR SALE

4305 Sioux Ln McHenry, IL 60050

Estimated Value: $532,000 - $618,000

8 Beds
4 Baths
-- Sq Ft
0.7 Acres

Last Sold September 11, 2020

Last sale price $385,000

Est. 47% increase in value since last sale

Current estimated payment $4,234/month

468 Days on Market

Highlights

  • Contemporary Architecture
  • Entrance Foyer
  • Forced Air Heating System
  • McHenry Community High School - Upper Campus Rated A-
  • 1-Story Property
  • Paved or Partially Paved Lot

About This Home

As of September 2020

All brick 4 unit building. All units have separate private utilities (tenant pays utilities), small patio/deck area and laundry area for washer and dryer. All units are 2 bed/1 bath. Bedrooms 10 x 14 and 11 x 14. Bath 10 x 6, Eat in Kitchen 14 x 16. The units have around 1000 sq. ft. of living space. Roof was done when owner purchased building in 2002, no work on roof since. Each unit has its own natural gas forced air furnace. Installation of furnaces: Unit 1 - 2003, Unit 2 - 2017, Unit 3 - 2003, Unit 4 - 2019 Each unit has a state-of-the-art natural gas on-demand water heater- all units were installed in 2010 Lease ending dates: Unit 1 - 9/30/20, Unit 2 - 9/30/20, Unit 3 - 8/31/20, Unit 4 - Monthly. Parking in front and back. New wooden deck. In a nice residential area, near train, schools and parks. Property well kept, great investment!

Last Listed By

Susan Kimble

Baird & Warner Listed on: 04/09/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,240

Year Built

  • Built in 1964

Lot Details

  • Lot Dimensions are 126x223x132x262
  • Paved or Partially Paved Lot

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Entrance Foyer
  • Crawl Space

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 9 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned
  • Assigned Parking
  • Unassigned Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • 4 Units
  • Cooney Heights Subdivision

Building Details

  • Insurance Expense $12,000
  • Trash Expense $84
  • Gross Income $47,040
  • Net Operating Income $14,856

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,240

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Contemporary
  • New Construction: No
  • Subdivision Name: Cooney Heights
  • Year Built: 1964
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Room Type: Foyer
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Laundry Hook-Up,Oven/Built-in
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Laundry Hook-Up,Oven/Built-in
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Laundry Hook-Up,Oven/Built-in
  • AppliancesAndFeatures: Stove,Refrigerator,Laundry Hook-Up,Oven/Built-in
  • Room: 4

Exterior Features

  • List Price: 399000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned, Unassigned
  • ParkingTotal: 9
  • Parking: 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 Paved

Fee Information

  • Trash Expense: 84
  • Other Expenses $: 0

Schools

  • Middle/Junior School District: 15

Lot Info

  • Lot Dimensions: 126X223X132X262
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 3
  • TenantPays: All,Electric,Gas,Heat

Multi Family

  • Net Operating Income: 14856
  • Insurance Expense: 12000
  • GrossIncome: 47040
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 1 Story Unit/s

Tax Info

  • Tax Annual Amount: 11240.04
  • Tax Year: 2019
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2019
Closed on
Aug 31, 2020
Sold by
Brouillette Joel
Bought by
Lz Realty Group Llc
Seller's Agent
Susan Kimble
Baird & Warner
Buyer's Agent
William Hauck
RE/MAX Suburban
List Price
$399,000
Sold Price
$385,000
Premium/Discount to List
-$14,000
-3.51%
Total Days on Market
468
Current Estimated Value
$565,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,860
Avg. Annual Appreciation
8.54%

Purchase Details

Closed on
Aug 28, 2002
Sold by
Home State Bank National Assn
Bought by
Brouillette Joel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.41%
Mortgage Type
Commercial

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
Lz Realty Group Llc $385,000 Chicago Title
Brouillette Joel $280,000 Ticor Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brouillette Joel $216,812
Previous Owner Brouillette Joel P $40,200
Previous Owner Brouillette Joel $60,000
Previous Owner Brouillette Joel $264,300
Previous Owner Brouillette Joel $259,000
Previous Owner Brouillette Joel $252,000
Previous Owner Home State Bank National Assn $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2020 09/11/20 Sold $385,000 -3.5% --
07/20/2020 07/20/20 Pending -- -- --
06/03/2020 06/03/20 For Sale $399,000 +3.6% --
03/24/2020 03/24/20 Off Market $385,000 -- --
03/13/2020 03/13/20 Price Changed $399,000 -7.2% --
11/20/2019 11/20/19 Price Changed $430,000 -1.1% --
09/09/2019 09/09/19 Price Changed $435,000 -1.1% --
07/30/2019 07/30/19 Price Changed $440,000 -1.1% --
04/09/2019 04/09/19 For Sale $445,000 -- --
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
2023 $12,807 $138,644 $27,730 $110,914
2022 $12,219 $128,624 $25,726 $102,898
2021 $11,719 $119,784 $23,958 $95,826
2020 $11,367 $114,790 $22,959 $91,831
2019 $11,240 $109,002 $21,801 $87,201
2018 $12,660 $110,470 $22,094 $88,376
2017 $12,239 $103,679 $20,736 $82,943
2016 $11,916 $96,896 $19,379 $77,517
2013 -- $95,398 $19,080 $76,318
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10326974

Midwest Real Estate Data (MRED)

APN: 09-34-279-007