NOT LISTED FOR SALE

501 Schroeder Ave Peotone, IL 60468

8 Beds
8 Baths
-- Sq Ft
0.26 Acres

Last Sold June 15, 2015

Last sale price $173,332

194 Days on Market

Highlights

  • Balcony
  • Heating System Uses Steam
  • Paved or Partially Paved Lot

About This Home

As of June 2015

4 Unit Brick Rental. Each unit has a 4 x 4 Storage Area, AC Window Unit, Coin Operated Laundry Room. Balcony's for second floor units. Great location only a few blocks from I-57. Call today for more information.

Last Agent to Sell the Property

Douglas Anderson

McColly Real Estate Listed on: 09/11/2014

Last Buyer's Agent

Tina Franklin

Kankakee Iroquois Ford Assn. of Realtors License #475143360

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 66x53.39x53x140x19.46x115
  • Paved or Partially Paved Lot

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 8 Bathrooms

Parking

  • 8 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price

Additional Features

  • Partial Basement
  • Balcony
  • Heating System Uses Steam

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1974
  • 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: Partial
  • Total Bathrooms: 8
  • Total Bedrooms: 8
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 4
  • 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: 5

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 269900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 8
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Steam
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Schools

  • Middle/Junior School District: 207

Lot Info

  • Lot Size Acres: 0.26
  • Lot Dimensions: 66X53.39X53X140X19.46X115
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 9918
  • Tax Year: 2013
  • Tax Exemptions: None

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2017
Sold by
Mct Inc
Bought by
First Bank Of Manhattan and Trust #419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$810,000
Interest Rate
4.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 21, 2017
Sold by
Gubala Tadeusz
Bought by
Mct Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$810,000
Interest Rate
4.16%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 11, 2014
Closed on
Jun 15, 2015
Sold by
Behrens Kenneth and Trust #M92-203
Bought by
Gubala Tadeusz
Seller's Agent
Douglas Anderson
McColly Real Estate
Buyer's Agent
Tina Franklin
Kankakee Iroquois Ford Assn. of Realtors
List Price
$279,900
Sold Price
$173,332
Premium/Discount to List
-$106,568
-38.07%
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
First Bank Of Manhattan -- Attorney
Mct Inc $1,060,000 Chicago Title
Gubala Tadeusz -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mct Inc $810,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2015 06/15/15 Sold $173,332 -35.8% --
03/24/2015 03/24/15 Pending -- -- --
11/06/2014 11/06/14 Price Changed $269,900 -3.6% --
09/11/2014 09/11/14 For Sale $279,900 -- --
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
2023 $5,394 $87,301 $26,301 $61,000
2022 $5,821 $87,301 $26,301 $61,000
2021 $6,055 $87,301 $26,301 $61,000
2020 $6,217 $87,301 $26,301 $61,000
2019 $6,494 $100,111 $26,301 $73,810
2018 $6,940 $87,301 $26,301 $61,000
2017 $6,987 $87,301 $26,301 $61,000
2016 $7,036 $87,301 $26,301 $61,000
2015 $7,690 $87,301 $26,301 $61,000
2014 $7,690 $115,709 $26,031 $89,678
2013 $7,690 $115,709 $26,031 $89,678
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08726035

Midwest Real Estate Data (MRED)

APN: 20-24-412-001