NOT LISTED FOR SALE

48 W 37th St Steger, IL 60475

Estimated Value: $175,000 - $208,000

4 Beds
2 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold August 15, 2022

Last sale price $140,000

Est. 35% increase in value since last sale

Current estimated payment $1,173/month

80 Days on Market

Highlights

  • Deck
  • Tennis Courts
  • 2 Car Detached Garage
  • Property is near park
  • Balcony
  • Forced Air Heating System

About This Home

As of August 2022

Long time owner offers well maintained 2-unit. Upgraded kitchens and baths with oak or maple cabinets, formica counter tops, ceramic tile baths. Upstairs LR-Kitchen-one bedroom-bath has electric baseboard heat with individual controls in each room. Main floor apartment LR-DR-Kit-3 bedrooms-1 bath has GFA heating & C/A. 2 gas meters, 2 electric meters, 1 water meter. Tenants pay gas and electric. Owner pays water. 2 refrigerators. 2 stoves. Upgraded 100 amp breaker panels; copper water lines, electric in conduit. Maintenance free aluminum sided exterior. Bonus 24' x 26' detached garage. Note 90' frontage on the lot. Assessor says 1483 square feet. Zoned R-2. Village of Steger inspection completed. Good bones. Good condition. Seller selling "as-is." Steger Village inspection completed & passed. FHA appraisal in at $155,000 with no repairs. Month-to-month lease upstairs; main floor vacant ready to show.

Last Agent to Sell the Property

Bruce Hackel

RE/MAX 10 License #471000756 Listed on: 04/09/2022

RE/MAX 10

Last Buyer's Agent

Tavonte Howard

WPD Management LLC License #475194415

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,164

Year Built

  • Built in 1909

Lot Details

  • Lot Dimensions are 90 x 116
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Block Foundation
  • Asphalt Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Balcony
  • Deck

Schools

  • Bloom Trail High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating

Additional Features

  • Basement Fills Entire Space Under The House
  • Property is near park

Community Details

Overview

  • 2 Units

Recreation

  • Tennis Courts

Building Details

  • Insurance Expense $1,200
  • Water Sewer Expense $600
  • Gross Income $18,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,164

Year Built

Built in 1909

Lot Details

10,019 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1909
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Balcony, Deck
  • Foundation Details: Block, Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Electric, Forced Air, Baseboard
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Park, Tennis Court(s), Curbs, Sidewalks, Street Paved
  • Conversion YN: N

Fee Information

  • Water Sewer Expenses: 600

Schools

  • High School: Bloom Trail High School

Lot Info

  • Lot Dimensions: 90 X 116
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • Insurance Expense: 1200
  • GrossIncome: 18600
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 4164.04
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2022
Closed on
Aug 4, 2022
Sold by
Kohler Paul R and Livi Patricia
Bought by
Smith Rhonda M
Seller's Agent
Bruce Hackel
RE/MAX 10
Buyer's Agent
Tavonte Howard
WPD Management LLC
List Price
$149,900
Sold Price
$140,000
Premium/Discount to List
-$9,900
-6.6%
Current Estimated Value
$189,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,255
Avg. Annual Appreciation
8.76%
Original Mortgage
$137,464
Outstanding Balance
$131,475
Interest Rate
5.56%
Mortgage Type
FHA
Estimated Equity
$57,780

Purchase Details

Closed on
May 9, 2008
Sold by
North Star Trust Co
Bought by
Kohler Paul R and Kohler Patricia J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smith Rhonda M $140,000 Greater Illinois Title
Kohler Paul R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Rhonda M $137,464
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2022 08/15/22 Sold $140,000 -6.6% --
06/29/2022 06/29/22 Pending -- -- --
05/21/2022 05/21/22 For Sale $149,900 0.0% --
04/16/2022 04/16/22 Pending -- -- --
04/09/2022 04/09/22 For Sale $149,900 -- --
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 $5,814 $64,197 $13,354 $50,843
2023 $5,814 $57,324 $11,924 $45,400
2022 $4,379 $38,479 $10,597 $27,882
2021 $4,146 $35,230 $9,702 $25,528
2020 $4,026 $33,018 $9,093 $23,925
2019 $3,845 $31,032 $8,546 $22,486
2018 $3,712 $30,364 $8,362 $22,002
2017 $3,676 $27,972 $7,703 $20,269
2016 $3,871 $27,791 $7,653 $20,138
2015 $3,641 $27,047 $7,448 $19,599
2014 $3,641 $27,320 $7,523 $19,797
2013 $3,641 $28,628 $7,883 $20,745
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11370890

Midwest Real Estate Data (MRED)

APN: 23-15-05-402-018

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