NOT LISTED FOR SALE

49 Mckinley Ave Steger, IL 60475

Estimated Value: $157,000 - $197,000

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

Last Sold April 10, 2023

Last sale price $140,000

Est. 24% increase in value since last sale

Current estimated payment $1,100/month

24 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • Paved or Partially Paved Lot
  • Enclosed Patio or Porch
  • Dog Run

About This Home

As of April 2023

Fantastic investment opportunity! Well maintained two flat with partially finished basement, double lot 90'x116' (partially fenced/used as dog run or play area for dogs), full length side driveway and detached 2-1/2 car garage. Above grade square footage is 1,955 and total building square footage is 2,795. Property features include dual: furnaces, water heaters, gas and electric meters, in addition to two washer and dryers located in the basement (not coin operated). Both units have central air, oven, refrigerator and many new window treatments and fixtures. First floor offers living room, dining room, kitchen (wood laminate floors), 2 bedrooms (carpeting), full bathroom and enclosed back porch. Second floor offers hardwood floors, dining room, living room (used as a bedroom), kitchen with large pantry, 1 bedroom, full bathroom and enclosed back porch. Full basement is partially finished with an office and storage closet. Also, there is an abundance of street parking and parking available on side driveway. 90' wide frontage with plenty of open space on both sides of the building. Exterior features vinyl sided exterior and some new vinyl windows. Both apartments have tenants who are renting month-to-month, with no lease, nor security deposit. Both apartments will be vacate prior to closing. Taxes do not reflect homeowners exemptions.

Last Agent to Sell the Property

Marge Marasco

RE/MAX 1st Service License #475104349 Listed on: 02/07/2023

RE/MAX 1st Service

Last Buyer's Agent

Juan Armenta

Coldwell Banker Realty License #475149668

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,278

Year Built

  • Built in 1914

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 90 x 116
  • Dog Run
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking
  • Off-Street Parking
  • Parking Included in Price

Home Design

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Schools

  • Bloom Trail High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Enclosed Patio or Porch

Community Details

  • 2 Units
  • Gross Income $27,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,278

Year Built

Built in 1914

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: 1914
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,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: 3
  • Room Type: Enclosed Porch
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Dog Run
  • Foundation Details: Block, Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Off Street, Side Apron, Driveway
  • ParkingTotal: 7
  • Number of Cars: 9
  • Garage Details: Garage Door Opener(s)
  • 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, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Schools

  • High School: Bloom Trail High School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.23
  • Lot Dimensions: 90 X 116
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • GrossIncome: 27600
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 4278
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2023
Closed on
Apr 7, 2023
Sold by
Scott Terrence
Bought by
Valadez Jose
Seller's Agent
Marge Marasco
RE/MAX 1st Service
Buyer's Agent
Juan Armenta
Coldwell Banker Realty
List Price
$169,900
Sold Price
$140,000
Premium/Discount to List
-$29,900
-17.6%
Views
120
Current Estimated Value
$173,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,381
Avg. Annual Appreciation
7.47%
Original Mortgage
$137,464
Outstanding Balance
$133,392
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
$39,989

Purchase Details

Closed on
Feb 2, 2020
Sold by
Kohler Paul R and Kohler Patricia J
Bought by
Scott Terrence

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
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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
Valadez Jose $140,000 Usi
Scott Terrence $112,000 Millennium Title Group Ltd
Kohler Paul R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valadez Jose $137,464
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/10/2023 04/10/23 Sold $140,000 -17.6% --
03/04/2023 03/04/23 Pending -- -- --
02/07/2023 02/07/23 For Sale $169,900 +51.7% --
02/05/2021 02/05/21 Sold $112,000 +1.9% -- View Prior Sale
01/01/2021 01/01/21 Pending -- -- --
11/11/2020 11/11/20 For Sale $109,900 -- --
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 $5,202 $58,285 $14,676 $43,609
2023 $5,202 $52,045 $13,105 $38,940
2022 $4,832 $46,254 $11,647 $34,607
2021 $4,278 $42,350 $10,664 $31,686
2020 $4,108 $39,690 $9,994 $29,696
2019 $3,878 $37,303 $9,393 $27,910
2018 $3,729 $36,500 $9,191 $27,309
2017 $3,630 $33,625 $8,467 $25,158
2016 $3,818 $33,408 $8,412 $24,996
2015 $3,705 $32,514 $8,187 $24,327
2014 $3,705 $32,843 $8,270 $24,573
2013 $3,705 $34,416 $8,666 $25,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11714122

Midwest Real Estate Data (MRED)

APN: 23-15-05-402-019

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