Seller's Agent in 2020
Joseph Frieders
Swanson Real Estate
(815) 693-4958
27 in this area
268 Total Sales
4768 E 2351st Rd Somonauk, IL 60552
Estimated Value: $960,315
16
Beds
8
Baths
--
Sq Ft
99,317
Sq Ft Lot
About This Home
As of March 2020A rare opportunity to own a very well managed and maintained apartment complex on the south edge of Somonauk. Property consists of 2 , 2 unit buildings, one, 2 story 4 unit building, plus 5 bay garage, another large 2 car garage, and a storage shed. Ranch 2 unit buildings have one car attached garages. All three buildings are on crawl spaces. 2 bedrooms, 1 bath each, with laundry hookups in the bathrooms. Complex sits on approx. 2.28 acres. Served by a well and 3 septics, one for each building. All units on month to month leases All the apartments have newer metal roofs, some with concrete patios. Owners live in the south unit which features a sunroom. Apartments are approximately 840 sf each. Property located just outside the city limits. A turnkey opportunity to invest in your future.
Last Agent to Sell the Property
Swanson Real Estate License #471013193 Listed on: 01/20/2020
Property Details
Home Type
- Multi-Family
Year Built
- 1970
Lot Details
- 2.28
Utilities
- Window Unit Cooling System
Community Details
- Insurance Expense $1,835
Listing and Financial Details
- Tenant pays for electric, heat
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 20, 2020
Closed on
Mar 3, 2020
Sold by
Wade Steven A and Wade Doris J
Bought by
Fatland Gary
Seller's Agent
Joseph Frieders
Swanson Real Estate
Buyer's Agent
Joseph Frieders
Swanson Real Estate
List Price
$650,000
Sold Price
$621,000
Premium/Discount to List
-$29,000
-4.46%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,315
Avg. Annual Appreciation
7.38%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fatland Gary | $621,000 | None Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/10/2020 03/10/20 | Sold | $621,000 | -4.5% | -- |
| 02/01/2020 02/01/20 | Pending | -- | -- | -- |
| 01/20/2020 01/20/20 | For Sale | $650,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
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 | $9,823 | $134,483 | $22,592 | $111,891 |
| 2023 | $10,550 | $134,483 | $22,592 | $111,891 |
| 2022 | $9,814 | $126,871 | $21,313 | $105,558 |
| 2021 | $10,095 | $126,871 | $21,313 | $105,558 |
| 2020 | $10,058 | $126,871 | $21,313 | $105,558 |
| 2019 | $10,271 | $126,871 | $21,313 | $105,558 |
| 2018 | $10,432 | $126,871 | $21,313 | $105,558 |
| 2017 | $10,774 | $126,871 | $21,313 | $105,558 |
| 2016 | $10,550 | $123,825 | $20,801 | $103,024 |
| 2015 | $5,091 | $117,671 | $19,767 | $97,904 |
| 2012 | -- | $127,531 | $21,424 | $106,107 |
Source: Public Records
Agents Affiliated with this Home
-
Joseph Frieders
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10614533
APN: 05-05-213000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID
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