NOT LISTED FOR SALE

502 Chestnut St Dalzell, IL 61320

Estimated Value: $88,231

3 Beds
2 Baths
-- Sq Ft
-- Built

Last Sold December 07, 2022

Last sale price $75,000

Est. 18% increase in value since last sale

Current estimated payment $571/month

18 Days on Market

About This Home

As of December 2022

Great investment property. Very nice 2-unit rental property. Easy access to interstate and shopping. Both units come with stove and refrigerator. Lots of storage. Utilities are separated but water and sewer paid by the owner. Priced to sell. Call for a private showing. Both units are very well kept with long term tenants!

Last Agent to Sell the Property

Katrina Jarrell

Janko Realty & Development - Peru Listed on: 10/12/2022

Co-Listed By

Royce Mignone

Janko Realty & Development - Peru

Last Buyer's Agent

Beth Mulcahy

Landmark Realty of Illinois LLC License #475166667

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,158

Home Design

  • Metal Roof

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Schools

  • Dalzell Grade Elementary And Middle School
  • Hall High School

Additional Features

  • Partial Basement
  • Lot Dimensions are 50 x 130
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,158

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Partial
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 83200
  • Roof: Metal
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street, On Site, Owned
  • ParkingTotal: 2

Utilities

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

Schools

  • Elementary School: Dalzell Grade School
  • High School: Hall High School
  • Middle/Junior School: Dalzell Grade School
  • Middle/Junior School District: 98

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50 X 130
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 18

Tax Info

  • Tax Annual Amount: 3158.34
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2022
Closed on
Dec 7, 2022
Sold by
Turczyn Allen F and Turczyn Cheryl A
Bought by
Moreno Oscar
Seller's Agent
Katrina Jarrell
Janko Realty & Development - Peru
Buyer's Agent
Beth Mulcahy
Landmark Realty of Illinois LLC
List Price
$83,200
Sold Price
$75,000
Premium/Discount to List
-$8,200
-9.86%
Views
17
Current Estimated Value
$88,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,231
Avg. Annual Appreciation
5.50%
Original Mortgage
$71,250
Outstanding Balance
$69,354
Interest Rate
6.63%
Mortgage Type
Balloon
Estimated Equity
$17,211
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
Moreno Oscar -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moreno Oscar $71,250
Previous Owner Turczyn Allen F $10,052
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2022 12/07/22 Sold $75,000 -9.9% --
10/31/2022 10/31/22 Pending -- -- --
10/12/2022 10/12/22 For Sale $83,200 -- --
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 $3,057 $30,829 $3,015 $27,814
2023 $1,529 $28,909 $2,827 $26,082
2022 $3,262 $29,647 $2,608 $27,039
2021 $3,158 $27,985 $2,462 $25,523
2020 $3,035 $26,868 $2,364 $24,504
2019 $3,035 $26,287 $2,313 $23,974
2018 $2,973 $25,601 $2,253 $23,348
2017 $2,957 $25,072 $2,206 $22,866
2016 $2,997 $24,876 $2,189 $22,687
2015 -- $22,767 $0 $22,767
2014 -- $24,964 $2,197 $22,767
2013 -- $26,064 $2,294 $23,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11651288

Midwest Real Estate Data (MRED)

APN: 18-24-156-015