NOT LISTED FOR SALE

Estimated Value: $374,000 - $418,401

6 Beds
5 Baths
-- Sq Ft
10,454 Sq Ft Lot

Last Sold December 21, 2022

Last sale price $352,000

Est. 13% increase in value since last sale

Current estimated payment $3,033/month

200 Days on Market

About This Home

As of December 2022

Beautiful Queen Anne multi-family (4-unit) home located in the Tanner Historic District steps away from lovely Blackhawk Park, which features a walking path, playground and splash-pad. Walking distance to downtown shops, restaurants, the public library, and the award-winning Paramount Theatre plus easy access to buses and the train station. Recipient of the Mayor's Award for Historic Preservation with recently upgraded electrical, plumbing, insulation and more. Three 1BR/1BA units with mostly long-term renters and one very large 3BR unit with extra/partially finished basement space. Great property/potential for an investor with rents that have been frozen for long-term tenants-OR live in one unit and use the rental income to pay your mortgage! Laundry in the basement is accessible from a separate external door or directly from the 3BR unit. All units have front and rear exits and fire alarms are hard-wired and connected throughout the building for safety. Situated in a neighborhood full of beautiful historic homes, this gem has off street parking available for all four units and an attractive outdoor space with a fenced yard and Unilock stone patio and walkway. (Note: property has one PIN, but two USPS addresses: 103 N. View + 461 W. New York). $5000 credit given at closing for updates.

Last Agent to Sell the Property

Jason Sunderland

Keller Williams Infinity License #475152096 Listed on: 05/06/2022

Keller Williams Infinity

Co-Listed By

Jake Tysiak

Keller Williams Inspire License #475153465

Last Buyer's Agent

Jim Garry

Garry Real Estate License #471014342

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,378

Year Built

  • Built in 1920

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 95x115

Home Design

  • Frame Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 5 Bathrooms

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Parking Space is Owned

Additional Features

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 4 Units

Building Details

  • Fuel Expense $3,000
  • Insurance Expense $1,337
  • Maintenance Expense $1,045
  • Trash Expense $400
  • Water Sewer Expense $2,200
  • Gross Income $45,480
  • Net Operating Income $29,660

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,378

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Interstate Access,Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • AttributionContact: (630) 360-0747
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 5
  • Total Bedrooms: 6
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 1
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • Room: 4

Exterior Features

  • List Price: 389000
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 4
  • Number of Cars: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Heating: Natural Gas
  • Water Source: Public

Fee Information

  • Trash Expense: 400
  • Water Sewer Expenses: 2200
  • Other Expenses $: 460
  • Trash Expense Year: 2021

Schools

  • Middle/Junior School District: 129

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.24
  • Lot Dimensions: 95X115
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • TenantPays: Electric

Multi Family

  • Net Operating Income: 29660
  • Fuel Expense: 3000
  • Insurance Expense: 1337
  • GrossIncome: 45480
  • Maintenance Expense: 1045
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 7377.94
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2022
Closed on
Dec 13, 2022
Sold by
Guzman Richard and Guzman Desiree
Bought by
Koren Ivan
Seller's Agent
Jason Sunderland
Keller Williams Infinity
Buyer's Agent
Jim Garry
Garry Real Estate
List Price
$409,000
Sold Price
$352,000
Premium/Discount to List
-$57,000
-13.94%
Total Days on Market
200
Views
71
Current Estimated Value
$397,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,850
Avg. Annual Appreciation
5.08%

Purchase Details

Closed on
Sep 28, 2011
Sold by
West Suburban Bank
Bought by
Guzman Richard and Guzman Desiree

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,102
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
May 9, 2006
Sold by
Cooke Walter M
Bought by
West Suburban Bank and Trust #12834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.37%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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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
Koren Ivan $352,000 --
Guzman Richard $195,000 First American Title
West Suburban Bank -- Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guzman Richard $180,000
Previous Owner Guzman Richard $50,000
Previous Owner Guzman Richard $35,000
Previous Owner Guzman Richard $174,750
Previous Owner Guzman Richard $187,102
Previous Owner West Suburban Bank $30,324
Previous Owner Cooke Walter M $30,000
Previous Owner Cooke Walter M $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2022 12/21/22 Sold $352,000 -9.5% --
11/23/2022 11/23/22 Pending -- -- --
11/06/2022 11/06/22 Price Changed $389,000 -4.9% --
10/10/2022 10/10/22 For Sale $409,000 0.0% --
09/28/2022 09/28/22 Pending -- -- --
09/14/2022 09/14/22 For Sale $409,000 0.0% --
08/19/2022 08/19/22 Pending -- -- --
07/02/2022 07/02/22 Price Changed $409,000 0.0% --
07/02/2022 07/02/22 For Sale $409,000 -6.0% --
06/16/2022 06/16/22 Pending -- -- --
05/06/2022 05/06/22 For Sale $435,000 -- --
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 $9,596 $110,964 $12,149 $98,815
2022 $8,142 $97,034 $11,085 $85,949
2021 $7,791 $90,340 $10,320 $80,020
2020 $7,378 $83,913 $9,586 $74,327
2019 $7,099 $77,748 $8,882 $68,866
2018 $6,319 $68,486 $8,216 $60,270
2017 $6,439 $61,689 $7,570 $54,119
2016 $6,129 $56,840 $6,489 $50,351
2015 -- $51,009 $5,580 $45,429
2014 -- $45,585 $5,128 $40,457
2013 -- $48,228 $5,158 $43,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11395916

Midwest Real Estate Data (MRED)

APN: 15-21-254-005