NOT LISTED FOR SALE

Estimated Value: $257,000 - $311,040

5 Beds
3 Baths
-- Sq Ft
7,928 Sq Ft Lot

Last Sold August 09, 2016

Last sale price $160,000

Est. 71% increase in value since last sale

Current estimated payment $2,111/month

43 Days on Market

Highlights

  • Farmhouse Style Home
  • 2 Car Detached Garage
  • Paved or Partially Paved Lot
  • Screened Porch
  • Heating System Uses Steam

About This Home

As of August 2016

THIS TWO UNIT WITH COTTAGE IS COMPLETE WITH OLD WORLD CHARM AND LONG-TERM TENANTS. PERFECT FOR THE FIRST-TIME INVESTOR, LIVE IN THE COTTAGE AND RENT OUT THE TWO-FLAT. LOWER LEVEL OF TWO FLAT HAS SCREENED IN PORCH AND THE BACK YARD IS A PARK LIKE SETTING. COTTAGE HAS ITS OWN SEGREGATED YARD -- PERFECT IF YOU ALLOW DOGS. YOU CAN EASILY ENJOY THE CASINO AND SUMMER CONCERTS/OTHER ACTIVITIES AT FESTIVAL PARK AND NOT HAVE TO WORRY ABOUT PARKING -- ITS WITHIN WALKING DISTANCE.. THE VIEW FROM THE UPPER UNIT OF THE FOX RIVER, ETC. IS STUNNING. METRA IS WITHIN WALKING DISTANCE. TENANTS PAY ELECTRICITY. HURRY -- THIS IS A GREAT INCOE PRODUCING PROPERTY and CURRENT RENTS COULD BE INCREASED.

Last Agent to Sell the Property

Mary Hager-Swanson

Swanson Real Estate License #471003655 Listed on: 04/25/2016

Last Buyer's Agent

Eduardo Diaz

Casablanca License #475134080

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,707

Year Built

  • Built in 1863

Lot Details

  • Lot Dimensions are 60 x 132
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Farmhouse Style Home
  • Frame Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Screened Porch
  • Storm Screens

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Schools

  • Lowrie Elementary School
  • Abbott Middle School
  • Larkin High School

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • 3 Units
  • Net Operating Income $19,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,707

Year Built

Built in 1863

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Farmhouse
  • New Construction: No
  • Year Built: 1863
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Basement Description: Unfinished,Exterior Access
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Porch Screened, Storms/Screens, Cable Access
  • Foundation Details: Concrete Perimeter
  • List Price: 169000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Fee Information

  • Other Expenses $: 3600

Schools

  • Elementary School: LOWRIE ELEMENTARY SCHOOL
  • High School: LARKIN HIGH SCHOOL
  • Middle/Junior School: ABBOTT MIDDLE SCHOOL
  • Middle/Junior School District: 46

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 60 X 132
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Multi Family

  • Net Operating Income: 19200
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat,Coach House

Tax Info

  • Tax Annual Amount: 5707
  • Tax Year: 2015
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2016
Closed on
Aug 8, 2016
Sold by
Sprague Michael F and Domschke Terry L
Bought by
Diaz Eduardo
Seller's Agent
Mary Hager-Swanson
Swanson Real Estate
Buyer's Agent
Eduardo Diaz
Casablanca
List Price
$169,000
Sold Price
$160,000
Premium/Discount to List
-$9,000
-5.33%
Current Estimated Value
$273,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,760
Avg. Annual Appreciation
6.14%
Original Mortgage
$157,102
Outstanding Balance
$126,582
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$147,178
Source: Public Records

Range of Values:

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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
Diaz Eduardo $160,000 Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diaz Eduardo $157,102
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2016 08/09/16 Sold $160,000 -5.3% --
06/07/2016 06/07/16 Pending -- -- --
04/25/2016 04/25/16 For Sale $169,000 -- --
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 $7,426 $92,789 $14,434 $78,355
2023 $7,146 $83,828 $13,040 $70,788
2022 $6,628 $76,436 $11,890 $64,546
2021 $6,376 $71,462 $11,116 $60,346
2020 $6,222 $68,222 $10,612 $57,610
2019 $6,069 $64,986 $10,109 $54,877
2018 $6,053 $61,221 $9,523 $51,698
2017 $5,953 $57,876 $9,003 $48,873
2016 $5,726 $53,693 $8,352 $45,341
2015 -- $49,214 $7,655 $41,559
2014 -- $48,606 $7,560 $41,046
2013 -- $49,888 $7,759 $42,129
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09204962

Midwest Real Estate Data (MRED)

APN: 06-24-156-014