NOT LISTED FOR SALE

5188 Zenith Pkwy Machesney Park, IL 61115

Estimated Value: $396,000 - $450,601

-- Bed
6 Baths
4,922 Sq Ft
$87/Sq Ft Est. Value

Last Sold November 22, 2021

Last sale price $330,000 $67 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,149/month

Highlights

  • Deck
  • Patio
  • Washer and Dryer
  • Balcony
  • Forced Air Heating and Cooling System
  • 3-minute walk to Dennis Johnson Memorial Park

About This Home

As of November 2021

Are you in search of your next multifamily investment property? This is it! This awesome multifamily features 4 spacious units complete with in unit laundry and attached garages. The lower level units are 2 bed 1 bath with patio, the upper units are 2 bed 2 bath with private decks. All appliances stay!!!

Last Agent to Sell the Property

Tina Tendall

Gambino Realtors License #471004417 Listed on: 10/16/2021

Last Buyer's Agent

Vivian Do

Key Realty, Inc License #475157917

Key Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,817

Lot Details

  • 0.37

Parking

  • Additional Parking

Home Design

  • Shingle Roof
  • Siding

Interior Spaces

  • 4,922 Sq Ft Home
  • 2-Story Property

Kitchen

  • Stove
  • Range
  • Microwave
  • Dishwasher

Laundry

  • Laundry in unit
  • Washer and Dryer

Outdoor Features

  • Balcony
  • Deck
  • Patio

Schools

  • Rock Cut Elementary School
  • Harlem Jr Middle School
  • Harlem High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater

Community Details

  • 4 Units
  • 2-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,817

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop, Washer
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 2767
  • Front: 106
  • General Features: Additional Parking, Balcony, Deck, Laundry in Unit, Patio
  • Grid: 47
  • Legal Description: REPLAT LTS 5 THRU 8 FOREST CREEK PT SW1/4 SEC 28-45-2 LOT 5
  • Lvt Date: 10/16/2021
  • Rear: 106
  • Side 1: 108
  • Side 2: 142
  • Style: 2 Story
  • Type: 3 - 4 Units
  • Annual Insurance Expense: 2400
  • Maintenance Yr: 2000
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 4
  • Number Of Units In Bldg: 4
  • Utilities Yr: 2000
  • Agent Only_ L A1 User Code: 3786
  • Elementary School: Rock Cut Elementary
  • Estimated Total Finished Sq Ft: 4922
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Are you in search of your next multifamily investment property? This is it! This awesome multifamily features 4 spacious units complete with in unit laundry and attached garages. The lower level units are 2 bed 1 bath with patio, the upper units are 2 bed 2 bath with private decks. All appliances stay!!!
  • Designated Managing Broker Y N: No
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Separate Water Y N: No
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: Yes
  • Washer Dryer: Yes
  • Estimated Above Grade Sq Ft: 4922
  • L O1 Brokerage Number: 481011083
  • S O1 Brokerage Number: 477012769
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Price Per Sq Ft: 67.05

Exterior Features

  • Exterior: Siding
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Sewer: City
  • Water: City
  • Water Heater: Gas
  • Separate Utilities: Yes

Schools

  • School District: Harlem 122
  • Elementary School: Rock Cut Elementary
  • Middle School: Harlem Jr
  • High School: Harlem High School

Tax Info

  • Year: 2020
  • Taxes: 7817

MLS Schools

  • HighSchool: Harlem High School
  • School District: Harlem 122
  • Middle School: Harlem Jr

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2023
Sold by
Nguyen Liem and Nguyen Huan
Bought by
Nguyen Hanh Thi My and Nguyen Van Tran
Current Estimated Value
$428,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,600
Outstanding Balance
$273,392
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$155,508

Purchase Details

Listed on
Oct 16, 2021
Closed on
Nov 22, 2021
Sold by
Weymer Patrick T and Weymer Jean
Bought by
Nguyen Liem and Nguyen Huan
Seller's Agent
Tina Tendall
Gambino Realtors
Buyer's Agent
Vivian Do
Key Realty, Inc
List Price
$320,000
Sold Price
$330,000
Premium/Discount to List
$10,000
3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%
Original Mortgage
$231,000
Interest Rate
1.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2006
Bought by
Weymer Patrick T and Weymer Jean M
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
Nguyen Hanh Thi My $352,000 --
Nguyen Liem $330,000 None Listed On Document
Weymer Patrick T $317,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Hanh Thi My $281,600
Previous Owner Nguyen Liem $231,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2021 11/22/21 Sold $330,000 +3.1% $67 / Sq Ft
10/17/2021 10/17/21 Pending -- -- --
10/16/2021 10/16/21 For Sale $320,000 -- $65 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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 $9,957 $125,067 $18,595 $106,472
2023 $9,585 $111,072 $16,514 $94,558
2022 $9,524 $101,306 $15,062 $86,244
2021 $8,889 $94,221 $14,009 $80,212
2020 $8,206 $89,751 $13,344 $76,407
2019 $8,486 $85,969 $12,782 $73,187
2018 $8,749 $83,150 $12,363 $70,787
2017 $8,559 $80,870 $12,024 $68,846
2016 $8,871 $0 $0 $0
2015 $8,821 $77,875 $11,579 $66,296
2014 $8,194 $77,875 $11,579 $66,296
Source: Public Records

Agents Affiliated with this Home

  • Tina Tendall

    Seller's Agent in 2021

    Tina Tendall

    Gambino Realtors

    (815) 623-5555

    31 in this area

    393 Total Sales

    Tina Tendall
    Section Image

  • V

    Buyer's Agent in 2021

    Vivian Do

    Key Realty, Inc

    4 in this area

    22 Total Sales

    Vivian Do
    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202106788

NorthWest Illinois Alliance of REALTORS®

APN: 08-28-304-018

Illinois Winnebago County Machesney Park 61115

5188 Zenith Pkwy, Machesney Park, IL

This home is located at 5188 Zenith Pkwy, Machesney Park, IL 61115 since 16 October 2021 and is currently estimated at $428,900, approximately $87 per square foot. 5188 Zenith Pkwy is a home located in Winnebago County with nearby schools including Marquette Elementary School, Harlem Middle School, and Harlem High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NorthWest Illinois Alliance of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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