NOT LISTED FOR SALE

504 S Maple St Grant Park, IL 60940

Estimated Value: $105,000 - $348,000

12 Beds
6 Baths
-- Sq Ft
0.34 Acres

Last Sold April 30, 2019

Last sale price $160,000

Est. 33% increase in value since last sale

Current estimated payment $1,353/month

21 Days on Market

About This Home

As of April 2019

Two buildings. Three 2 bedroom apartments each building. All units rented month to month. Long term residents.

Last Agent to Sell the Property

Vernon Hanvey

McColly Real Estate Listed on: 02/17/2019

McColly Real Estate

Last Buyer's Agent

Vernon Hanvey

McColly Real Estate Listed on: 02/17/2019

McColly Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,671

Year Built

  • Built in 1930

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 150x150
  • Additional Parcels

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Additional Features

  • 1-Story Property
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • 6 Units

Building Details

  • Insurance Expense $7,200
  • Maintenance Expense $2,000
  • Trash Expense $600
  • Water Sewer Expense $600
  • Operating Expense $13,000
  • Gross Income $28,800
  • Net Operating Income $15,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,671

Year Built

Built in 1930

Lot Details

0.34 Acres

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 1
  • Year Built: 1930
  • Built Before 1978 (Y/N): Yes
  • Information: Seller's Disclosure,Show-Call Listing Office
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 12
  • Room: 0

Utilities

  • Heat/Ventilation: Forced Air

Fee Information

  • Trash Expense: 600
  • Water Sewer Expenses: 600

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.34
  • Lot Dimensions: 150X150

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 10

Multi Family

  • Net Operating Income: 15000
  • Insurance Expense: 7200
  • GrossIncome: 28800
  • Maintenance Expense: 2000
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 13000
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 7671
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2025
Sold by
Donovan Nathan
Bought by
Municipal Trust
Current Estimated Value
$213,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$368,178
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
-$155,178

Purchase Details

Listed on
Feb 17, 2019
Closed on
Apr 30, 2019
Sold by
Budlove Trust
Bought by
Donovan Nathan
Seller's Agent
Vernon Hanvey
McColly Real Estate
Buyer's Agent
Vernon Hanvey
McColly Real Estate
List Price
$168,000
Sold Price
$160,000
Premium/Discount to List
-$8,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.30%
Original Mortgage
$128,000
Interest Rate
4.2%
Mortgage Type
New Conventional
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Municipal Trust $375,000 Kankakee County Title
Donovan Nathan $160,000 Community Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Municipal Trust $375,000
Previous Owner Donovan Nathan $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2019 04/30/19 Sold $160,000 -4.8% --
02/17/2019 02/17/19 For Sale $168,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $3,058 $35,261 $13,058 $22,203
2023 $2,658 $31,767 $11,764 $20,003
2022 $2,531 $29,414 $10,893 $18,521
2021 $2,445 $28,420 $10,525 $17,895
2020 $2,407 $27,327 $10,120 $17,207
2019 $3,555 $40,217 $9,873 $30,344
2018 $3,808 $38,951 $9,562 $29,389
2017 $3,836 $38,565 $9,467 $29,098
2016 $3,732 $37,261 $9,147 $28,114
2015 $3,675 $35,656 $8,753 $26,903
2014 $3,551 $34,617 $8,498 $26,119
2013 -- $35,233 $8,649 $26,584
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10500379

Midwest Real Estate Data (MRED)

APN: 01-04-30-203-011

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