NOT LISTED FOR SALE

506 E 9th St Lockport, IL 60441

Estimated Value: $326,000 - $391,695

8 Beds
4 Baths
-- Sq Ft
6,534 Sq Ft Lot

Last Sold June 02, 2021

Last sale price $385,000

Est. 8% decrease in value since last sale

Current estimated payment $2,473/month

6 Days on Market

About This Home

As of June 2021

RARE TO FIND 4 FLAT BUILDING IN DESIRABLE LOCATION. ALL UNITS WITH 2 BEDROOMS AND 1 BATHROOM. RECENTLY UPDATED . UNIT 1 AND 2 WITH HARDWOOD FLOORS THROUGHOUT. UNIT 3 AND 4 LAMINATE FLOORING. ALL NEWER APPLIANCES. ROOF ONLY 8 YEARS OLD. PLEASE CALL FOR MORE INFORMATION.

Last Agent to Sell the Property

Kathy Szram

KABS Realty INC License #471022441 Listed on: 04/15/2021

KABS Realty INC

Last Buyer's Agent

Roger Jenisch

Exit Realty Redefined License #475194857

Exit Realty Redefined

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,839

Lot Details

  • Lot Dimensions are 85x75
  • Corner Lot

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price
  • Unassigned Parking

Utilities

  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $288
  • Insurance Expense $1,400
  • Trash Expense $1,176
  • Water Sewer Expense $1,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,839

Lot Details

0

Listing Details

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

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Other Equipment: TV-Cable
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Garage/Space
  • AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Garage/Space

Exterior Features

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

Garage/Parking

  • Parking Features: Unassigned
  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Fee Information

  • Trash Expense: 1176
  • Water Sewer Expenses: 1440

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 85X75
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • Insurance Expense: 1400
  • ElectricExpense: 288
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 6839.22
  • Tax Year: 2019
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2021
Closed on
May 28, 2021
Sold by
Bielanski Adam and Bielanski Katarzyna
Bought by
Janik Jozef and Janik Maria
Seller's Agent
Kathy Szram
KABS Realty INC
Buyer's Agent
Roger Jenisch
Exit Realty Redefined
Sold Price
$385,000
Current Estimated Value
$352,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,326
Avg. Annual Appreciation
-1.90%
Original Mortgage
$288,750
Outstanding Balance
$220,735
Interest Rate
3.27%
Mortgage Type
New Conventional
Estimated Equity
$131,939

Purchase Details

Listed on
Feb 1, 2012
Closed on
Apr 16, 2012
Sold by
Chicago Title Land Trust Company
Bought by
Bielanski Adam and Bielanski Katarzyna
Seller's Agent
Joe Thorne
@properties Christie's International Real Estate
Buyer's Agent
Kathy Szram
KABS Realty INC
List Price
$310,000
Sold Price
$250,000
Premium/Discount to List
-$60,000
-19.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.85%
Original Mortgage
$187,500
Interest Rate
4%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Janik Jozef $385,000 Attorney
Bielanski Adam $250,000 Chicago Title Land Trust Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Janik Jozef $288,750
Previous Owner Bielanski Adam $187,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/02/2021 06/02/21 Sold $385,000 0.0% --
04/21/2021 04/21/21 For Sale -- -- --
04/21/2021 04/21/21 Pending -- -- --
04/18/2021 04/18/21 Off Market $385,000 -- --
04/15/2021 04/15/21 For Sale $390,000 +56.0% --
04/26/2012 04/26/12 Sold $250,000 -9.1% -- View Prior Sale
03/02/2012 03/02/12 Pending -- -- --
02/21/2012 02/21/12 Price Changed $275,000 -11.3% --
02/01/2012 02/01/12 For Sale $310,000 -- --
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 $7,511 $87,484 $18,196 $69,288
2023 $7,511 $78,538 $16,335 $62,203
2022 $6,648 $72,219 $15,021 $57,198
2021 $6,731 $72,219 $15,021 $57,198
2020 $6,798 $72,219 $15,021 $57,198
2019 $6,839 $72,219 $15,021 $57,198
2018 $6,647 $68,512 $14,250 $54,262
2017 $6,808 $68,512 $14,250 $54,262
2016 $6,984 $68,512 $14,250 $54,262
2015 $6,817 $68,512 $14,250 $54,262
2014 $6,817 $63,437 $13,194 $50,243
2013 $6,817 $63,437 $13,194 $50,243
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11055282

Midwest Real Estate Data (MRED)

APN: 11-04-23-409-009