NOT LISTED FOR SALE

Estimated Value: $483,000 - $561,000

4 Beds
4 Baths
1,830 Sq Ft
$282/Sq Ft Est. Value

Last Sold December 11, 2018

Last sale price $298,500 $163 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,596/month

11 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Paved or Partially Paved Lot
  • Hough Street Elementary School Rated A+
  • Ceiling Fan

About This Home

As of December 2018

GREAT RENTAL INVESTMENT PROPERTY located in Barrington!! Located just blocks to the Metra train & the downtown area!! PREMIER SCHOOLS! This is a brick duplex with both units rented with long time tenants. Tenants do not have leases. Rents are low, with room for an increase. The units are ranch style living. Comfortable room sizes with full basements. Each unit has 2BR, 1BA on the main floor, with eat-in kitchens & bathrooms in the basements that need work. Unit #448 has a new remodeled bath (2018) with an unfinished basement. This unit could use a new kitchen re-do. Unit #452 has a finished basement with a family room. There is a utility room and laundry in each unit's basement. Beautiful backyard with a 2 Car divided garage. Private parking for 4-6 cars. Garage needs some work. Tenants pay for all utilities and also maintain the grass & handle snow removal!! Roof on the house is 7 years old! Property is sold "AS-IS".

Last Agent to Sell the Property

Gloria Warnimont

REMAX Legends License #475117316 Listed on: 11/01/2018

REMAX Legends

Last Buyer's Agent

John Morrison

@properties Christie's International Real Estate License #471000101

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,062

Year Built

  • Built in 1957 | Remodeled in 2017

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 86x189x88x189
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Aluminum Siding

Interior Spaces

  • Ceiling Fan
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Schools

  • Barrington High School

Utilities

  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,062

Year Built

Built in 1957 | Remodeled in 2017

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Year Built: 1957
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2017
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2017

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Other Equipment: Ceiling Fan(s)
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner,Garage/Space,Laundry Hook-Up
  • MRD_AppliancesAndFeatures: Stove,Dishwasher,Microwave,Central Air Conditioner,Garage/Space,Laundry Hook-Up

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • List Price: 319500
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway
  • ParkingTotal: 6
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Community Features: Street Paved

Schools

  • High School: BARRINGTON HIGH SCHOOL
  • Middle/Junior School District: 220

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.38
  • Lot Dimensions: 86X189X88X189
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 7062
  • Tax Year: 2016
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2018
Closed on
Dec 7, 2018
Sold by
Bender Heidi
Bought by
Backyard Properties Llc
Seller's Agent
Gloria Warnimont
REMAX Legends
Buyer's Agent
John Morrison
@properties Christie's International Real Estate
List Price
$319,500
Sold Price
$298,500
Premium/Discount to List
-$21,000
-6.57%
Current Estimated Value
$516,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,375
Avg. Annual Appreciation
8.85%

Purchase Details

Closed on
Dec 28, 2017
Sold by
Bender Kurt and Ignatz Rauscuer Revocable Trus
Bought by
Bender Heidi
Source: Public Records

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
Backyard Properties Llc $298,500 Chicago Title
Bender Heidi -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2018 12/11/18 Sold $298,500 -6.6% $163 / Sq Ft
11/12/2018 11/12/18 Pending -- -- --
11/01/2018 11/01/18 For Sale $319,500 -- $175 / Sq Ft
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 $8,889 $122,768 $45,728 $77,040
2023 $8,889 $116,368 $43,344 $73,024
2022 $7,971 $104,276 $49,035 $55,241
2021 $7,874 $102,503 $48,201 $54,302
2020 $7,674 $102,186 $48,052 $54,134
2019 $7,374 $99,490 $46,784 $52,706
2018 $7,195 $99,076 $45,639 $53,437
2017 $7,155 $97,086 $44,722 $52,364
2016 $7,062 $93,424 $43,035 $50,389
2015 $6,693 $87,623 $40,363 $47,260
2014 $6,937 $86,596 $32,329 $54,267
2012 $6,757 $88,085 $32,885 $55,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10127983

Midwest Real Estate Data (MRED)

APN: 13-36-406-026