NOT LISTED FOR SALE

508 Schroeder Ave Peotone, IL 60468

Estimated Value: $417,349

8 Beds
4 Baths
-- Sq Ft
9,583 Sq Ft Lot

Last Sold September 08, 2021

Last sale price $351,508

Est. 19% increase in value since last sale

Current estimated payment $2,735/month

3 Days on Market

Highlights

  • Property is near a park
  • 2.5 Car Detached Garage
  • Baseboard Heating

About This Home

As of September 2021

Are you ready to be a Landlord? Pride in ownership in this 4 2 bed 1 bath building. Newer appliances, Newer ac units, Newer patio doors, Newer cabinets. New roof 2020 New gutters 2020, New siding 2020 . 2.5 Garage also done in 2020, Boiler 2010 and extra insulation in attic 2013. Units are fully rented with room for rent increases. This one won't last...

Last Agent to Sell the Property

Erika Muszynski

Century 21 Kroll Realty License #475148867 Listed on: 07/21/2021

Century 21 Kroll Realty

Last Buyer's Agent

Bud Caruso

Coldwell Banker Realty License #471021558

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,268

Lot Details

  • 9,583

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener
  • Parking Space is Owned

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Partial Basement
  • Lot Dimensions are 110x125x60x135
  • Property is near a park

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $644
  • Fuel Expense $1,567
  • Insurance Expense $1,731
  • Trash Expense $751
  • Water Sewer Expense $833
  • Gross Income $39,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,268

Lot Details

0

Parking

2

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: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Unfinished
  • 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

  • List Price: 349900
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2.5
  • ParkingTotal: 2.5
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Park

Fee Information

  • Trash Expense: 751
  • Water Sewer Expenses: 833

Schools

  • Middle/Junior School District: 207U

Lot Info

  • Lot Dimensions: 110X125X60X135
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • TenantPays: None

Multi Family

  • Fuel Expense: 1567
  • Insurance Expense: 1731
  • ElectricExpense: 644
  • GrossIncome: 39700
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 6268.28
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Sep 1, 2021
Sold by
Zuber Frank S and Zuber Joyce
Bought by
Caruso Anthony and Caruso Paula
Seller's Agent
Erika Muszynski
Century 21 Kroll Realty
Buyer's Agent
Bud Caruso
Coldwell Banker Realty
List Price
$349,900
Sold Price
$351,508
Premium/Discount to List
$1,608
0.46%
Current Estimated Value
$417,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,841
Avg. Annual Appreciation
4.88%
Original Mortgage
$339,205
Outstanding Balance
$306,780
Interest Rate
2.25%
Mortgage Type
FHA
Estimated Equity
$116,741

Purchase Details

Closed on
Sep 1, 1989
Bought by
Zuber Frank S
Source: Public Records

Range of Values:

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Average Value
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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
Caruso Anthony $351,508 None Available
Zuber Frank S $139,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caruso Anthony $339,205
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2021 09/08/21 Sold $351,508 +0.5% --
07/26/2021 07/26/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $349,900 -- --
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 $5,401 $87,978 $20,777 $67,201
2022 $5,866 $87,978 $20,777 $67,201
2021 $6,102 $87,978 $20,777 $67,201
2020 $6,265 $87,978 $20,777 $67,201
2019 $6,544 $87,978 $20,777 $67,201
2018 $6,994 $87,978 $20,777 $67,201
2017 $7,041 $87,978 $20,777 $67,201
2016 $7,090 $87,978 $20,777 $67,201
2015 $7,542 $87,978 $20,777 $67,201
2014 $7,542 $87,978 $20,777 $67,201
2013 $7,542 $87,978 $20,777 $67,201
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11164256

Midwest Real Estate Data (MRED)

APN: 20-24-411-003