NOT LISTED FOR SALE

436 E Lincoln Ave Hinckley, IL 60520

Estimated Value: $304,959 - $351,000

9 Beds
4 Baths
-- Sq Ft
0.6 Acres

Last Sold October 12, 2021

Last sale price $220,000

Est. 48% increase in value since last sale

Current estimated payment $2,332/month

66 Days on Market

About This Home

As of October 2021

Older home with four (4) rental units located in two (2) separate buildings. Main house has 2br/1b on lower level and 3br/1b on upper level. A separate duplex is located at the back of the main house. Each side has 2br/1b. Ample parking is at the back of the property. Property is fully rented. Located directly across from Dari Joy in Hinckley. Great investment property. Tenant occupied so 24 hour notice required. Motivated Seller!!

Last Agent to Sell the Property

Roger Blomgren

Tri-County Property Management & Sales LLC License #471011215 Listed on: 06/12/2021

Last Buyer's Agent

Carin Powell

HomeSmart Connect LLC License #475132967

HomeSmart Connect LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,882

Year Built

  • Built in 1900

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 298x95
  • Paved or Partially Paved Lot

Home Design

  • Victorian Architecture
  • Asphalt Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating System Uses Natural Gas

Community Details

  • 4 Units
  • Gross Income $46,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,882

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Victorian
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ 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: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 9
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 8
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights, Street Paved

Lot Info

  • Lot Size Acres: 0.6
  • Lot Dimensions: 298X95
  • Zoning: MULTI
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • TenantPays: Electric,Gas

Multi Family

  • GrossIncome: 46200
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat,Duplex Side by Side

Tax Info

  • Tax Annual Amount: 6882
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2015
Closed on
Nov 25, 2015
Sold by
Christensen Trust
Bought by
Ledgeland On Sugar Hill Llc
Seller's Agent
Helena Kies
On The Mark Realty, LLC
Buyer's Agent
Jennifer Mannis
Pearson Realty Group
List Price
$180,000
Sold Price
$173,000
Premium/Discount to List
-$7,000
-3.89%
Current Estimated Value
$326,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,490
Avg. Annual Appreciation
6.62%

Purchase Details

Closed on
Jun 21, 2013
Sold by
Christensen Phyllis G
Bought by
Christensen Phyllis G and Christensen Trust
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
Ledgeland On Sugar Hill Llc $173,000 First American Title
Christensen Phyllis G -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/12/2021 10/12/21 Sold $220,000 -12.0% --
08/20/2021 08/20/21 Pending -- -- --
08/09/2021 08/09/21 For Sale -- -- --
07/10/2021 07/10/21 Pending -- -- --
06/14/2021 06/14/21 For Sale $250,000 +44.5% --
12/04/2015 12/04/15 Sold $173,000 -3.9% -- View Prior Sale
11/13/2015 11/13/15 Pending -- -- --
11/12/2015 11/12/15 For Sale $180,000 -- --
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 $7,470 $100,162 $34,598 $65,564
2023 $7,470 $91,263 $31,524 $59,739
2022 $6,831 $82,636 $28,544 $54,092
2021 $7,062 $79,138 $27,336 $51,802
2020 $6,882 $75,600 $26,114 $49,486
2019 $6,795 $74,329 $25,675 $48,654
2018 $6,874 $71,449 $24,680 $46,769
2017 $6,638 $67,227 $23,222 $44,005
2016 $6,451 $62,829 $21,703 $41,126
2015 -- $62,676 $20,148 $42,528
2014 -- $62,019 $19,937 $42,082
2013 -- $62,393 $20,057 $42,336
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11122046

Midwest Real Estate Data (MRED)

APN: 15-14-326-006