$172,000
SOLD NOV 6, 2020

494 E Exchange St Sycamore, IL 60178

5 Beds
3 Baths
1,133 Sq Ft
8,102 Sq Ft Lot

Recently Sold

$152 Per Sq Ft

14% Below List Price

44 Days on Market

Highlights

  • Community Lake
  • Property is near a park
  • Community Pool
  • Deck
  • Corner Lot
  • Tennis Courts

About This Home

As of November 2020

Great Investment Property in established neighborhood located on corner lot.This well maintained rental property features 3 bedrooms, 1 full bath, kitchen with appliances, large bedroom on second floor, full basement has shower, sink and washer/dryer,nice end to end front porch deck,and off street parking in the first unit. Second unit has 2 bedrooms, 1 full bath, eat-in kitchen with appliances, washer/dryer included and off street parking. This property is a Must See...Call today to schedule your private showing!!

Last Agent to Sell the Property

Justin Haka

J.Jill Realty Group Listed on: 08/25/2020

Last Buyer's Agent

Cindy Strahota

Results Realty ERA Powered License #475126799

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,616

Year Built

  • Built in 1944

Lot Details

  • Lot Dimensions are 65x124.92
  • Corner Lot
  • Paved or Partially Paved Lot

Home Design

  • Aluminum Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Parking

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

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Additional Features

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

Community Details

Overview

  • 2 Units
  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,616

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1944
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 1
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 199900
  • Lot Features: Corner Lot
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Parking Features: Off Street, Driveway
  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Community Features: Park, Pool, Tennis Court(s), Lake, Curbs, Sidewalks, Street Lights, Street Paved

Schools

  • Middle/Junior School District: 427

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 65X124.92
  • Zoning: LNC
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19

Tax Info

  • Tax Annual Amount: 4616.26
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2022
Sold by
Otis Mckinley Llc
Bought by
Otis Mckinley Llc Series 494 E Exhange
Current Estimated Value
$231,235

Purchase Details

Listed on
Aug 25, 2020
Closed on
Nov 5, 2020
Sold by
Anderson Alan and Anderson Lynn
Bought by
Otis Mckinley Llc
Seller's Agent
Justin Haka
J.Jill Realty Group
Buyer's Agent
Cindy Strahota
Results Realty ERA Powered
List Price
$199,900
Sold Price
$172,000
Premium/Discount to List
-$27,900
-13.96%
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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Deed $172,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2021 02/01/21 Rented $1,300 0.0% --
01/05/2021 01/05/21 For Rent $1,300 0.0% --
11/06/2020 11/06/20 Sold $172,000 -14.0% $152 / Sq Ft
10/08/2020 10/08/20 Pending -- -- --
08/25/2020 08/25/20 For Sale $199,900 -- $176 / 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 $5,165 $62,526 $12,240 $50,286
2023 $5,165 $57,096 $11,177 $45,919
2022 $4,963 $52,367 $10,251 $42,116
2021 $4,743 $49,162 $9,624 $39,538
2020 $4,685 $47,953 $9,387 $38,566
2019 $4,616 $46,902 $9,181 $37,721
2018 $4,548 $45,478 $8,902 $36,576
2017 $4,449 $43,679 $8,550 $35,129
2016 $4,358 $41,686 $8,160 $33,526
2015 -- $38,154 $7,680 $30,474
2014 -- $36,230 $7,293 $28,937
2013 -- $36,924 $7,433 $29,491
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10829928

Midwest Real Estate Data (MRED)

APN: 06-33-154-005