NOT LISTED FOR SALE

501 S Maple St Grant Park, IL 60940

Estimated Value: $175,000 - $332,379

8 Beds
4 Baths
-- Sq Ft
8,625 Sq Ft Lot

Last Sold July 23, 2014

Last sale price $150,000

Est. 70% increase in value since last sale

Current estimated payment $1,987/month

27 Days on Market

Highlights

  • Corner Lot
  • Grant Park High School Rated 9+
  • Heating Available

About This Home

As of July 2014

Long time owner offers 1 of 3 available 4-unit brick buildings. All electric Owner pays common electric garbage and water. coin-op washer and dryer in vestibule of each floor. Tenants pay own electric. Seller will consider land contract with 30% down, 6 1/2% interest, 3 year balloon.

Last Agent to Sell the Property

Bruce Hackel

RE/MAX 10 License #471000756 Listed on: 04/09/2014

RE/MAX 10

Last Buyer's Agent

Linda Krause

Berkshire Hathaway HomeServices Speckman Realty License #471008877

Berkshire Hathaway HomeServices Speckman Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,584

Year Built

  • Built in 1970

Lot Details

  • Lot Dimensions are 60x135
  • Corner Lot
  • Paved or Partially Paved Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • Uncovered Parking
  • Unassigned Parking

Schools

  • Grant Park Elementary School
  • Grant Park High School

Utilities

  • Heating Available
  • Private or Community Septic Tank

Community Details

  • 4 Units
  • Gross Income $28,320

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,584

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1970
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • Room: 4

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 149900
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned
  • ParkingTotal: 8
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Septic-Private, Public Sewer
  • Heating: Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Fee Information

  • Other Expenses $: 420

Schools

  • Elementary School: GRANT PARK ELEMENTARY SCHOOL
  • High School: GRANT PARK HIGH SCHOOL
  • Middle/Junior School: GRANT PARK ELEMENTARY SCHOOL
  • Middle/Junior School District: 6

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 60X135
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • TenantPays: Electric,Heat

Multi Family

  • GrossIncome: 28320
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 6583.59
  • Tax Year: 2012
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2021
Sold by
Loitz Jerry A
Bought by
Trust Number 3014
Current Estimated Value
$255,095

Purchase Details

Closed on
Mar 11, 2020
Sold by
Loitz John L
Bought by
Loitz Jerry

Purchase Details

Listed on
Apr 9, 2014
Closed on
Jul 23, 2014
Sold by
Christine Karwowski
Bought by
Loitz Jerry A
Seller's Agent
Bruce Hackel
RE/MAX 10
Buyer's Agent
Linda Krause
Berkshire Hathaway HomeServices Speckman Realty
List Price
$149,900
Sold Price
$150,000
Premium/Discount to List
$100
0.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.84%
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
Trust Number 3014 -- Karlock Kendra
Loitz Jerry -- Denton John A
Loitz Jerry A $450,000 Attorneys Title Guaranty Fund
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Loitz Jerry A $252,859
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2014 07/23/14 Sold $150,000 0.0% --
05/06/2014 05/06/14 Pending -- -- --
04/10/2014 04/10/14 Off Market $150,000 -- --
04/09/2014 04/09/14 For Sale $149,900 -- --
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 $7,623 $87,892 $8,616 $79,276
2023 $6,627 $79,182 $7,762 $71,420
2022 $6,307 $73,317 $7,187 $66,130
2021 $6,093 $70,838 $6,944 $63,894
2020 $5,999 $68,114 $6,677 $61,437
2019 $5,874 $66,453 $6,514 $59,939
2018 $6,291 $64,361 $6,309 $58,052
2017 $6,338 $63,724 $6,247 $57,477
2016 $6,167 $61,569 $6,036 $55,533
2015 $6,073 $58,918 $5,776 $53,142
2014 $5,867 $57,202 $5,608 $51,594
2013 -- $58,221 $5,708 $52,513
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08580451

Midwest Real Estate Data (MRED)

APN: 01-04-30-201-028