NOT LISTED FOR SALE

501 Ryan Ln West Dundee, IL 60118

Estimated Value: $430,000 - $540,000

7 Beds
4 Baths
-- Sq Ft
8,276 Sq Ft Lot

Last Sold June 07, 2018

Last sale price $260,000

Est. 86% increase in value since last sale

Current estimated payment $3,360/month

78 Days on Market

Highlights

  • Corner Lot
  • Dundee Highlands Elementary School Rated A-
  • Heating System Uses Natural Gas

About This Home

As of June 2018

Don't miss this three (3) unit well maintained and profitable rental building in West Dundee. Close to shopping, schools and parks. The unit has off-street parking. Professional management services available. Long term ownership has taken excellent care of the investment property. Long term tenants take care of their units. There is one three bedroom unit and two (2) tow bedroom units. This unit is a corner unit. Additional buildings available closeby: One 3 unit and two (2) two units.

Last Agent to Sell the Property

Marty King

Baird & Warner License #475133822 Listed on: 02/16/2018

Baird & Warner

Last Buyer's Agent

Cindy Wozniak

Precision Real Estates Enterprises Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,445

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 47x23x9x102x73x122
  • Corner Lot
  • Paved or Partially Paved Lot

Home Design

  • Tri-Level Property
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Partially Finished Basement

  • English Basement
  • Exterior Basement Entry

Parking

  • 6 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Parking Included in Price
  • Unassigned Parking

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,445

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Tri-Level
  • New Construction: No
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: English
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Basement Description: Partially Finished,Exterior Access
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 269000
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Parking Features: Unassigned, Off Street
  • ParkingTotal: 6
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Heating: Natural Gas, Electric
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Schools

  • Middle/Junior School District: 300

Lot Info

  • Lot Size Acres: 0.19
  • Lot Dimensions: 47X23X9X102X73X122
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 9444.56
  • Tax Year: 2017

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2022
Sold by
Anderson Aron R and Anderson Julie M
Bought by
Stonebridge Property Management 6 Llc
Current Estimated Value
$483,754

Purchase Details

Closed on
Feb 11, 2022
Sold by
Robert Radell
Bought by
Anderson Aron R and Anderson Julie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,750
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 16, 2018
Closed on
Jun 6, 2018
Sold by
Bettenhausen Donald I and The Betty A Gauthier Delcarati
Bought by
Radell Robert
Seller's Agent
Marty King
Baird & Warner
Buyer's Agent
Cindy Wozniak
Precision Real Estates Enterprises Inc.
List Price
$269,000
Sold Price
$260,000
Premium/Discount to List
-$9,000
-3.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.88%
Original Mortgage
$195,000
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2009
Sold by
Gauthier Betty A
Bought by
Gauthier Betty A and Betty A Gauthier Declaration Of Trust

Purchase Details

Closed on
Dec 1, 1996
Sold by
Heritage Trust Company
Bought by
Gauthier William P and William P Gauthier Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Stonebridge Property Management 6 Llc -- None Listed On Document
Anderson Aron R $405,000 First American Title
Radell Robert $260,000 Chicago Title Insurance Co
Gauthier Betty A -- None Available
Gauthier William P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anderson Aron R $303,750
Previous Owner Radell Robert $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2018 06/07/18 Sold $260,000 0.0% --
05/05/2018 05/05/18 Pending -- -- --
02/21/2018 02/21/18 Off Market $260,000 -- --
02/16/2018 02/16/18 For Sale $269,000 -- --
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
2024 $9,668 $126,610 $30,074 $96,536
2023 $9,064 $113,920 $27,060 $86,860
2022 $8,375 $95,062 $27,060 $68,002
2021 $8,110 $89,757 $25,550 $64,207
2020 $7,972 $87,739 $24,976 $62,763
2019 $7,743 $83,291 $23,710 $59,581
2018 $9,660 $101,289 $23,241 $78,048
2017 $9,243 $94,751 $21,741 $73,010
2016 $9,445 $91,742 $21,051 $70,691
2015 -- $77,795 $19,725 $58,070
2014 -- $75,646 $19,180 $56,466
2013 -- $77,961 $19,767 $58,194
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09859394

Midwest Real Estate Data (MRED)

APN: 03-27-233-001