NOT LISTED FOR SALE

532 N Sycamore St Somonauk, IL 60552

Estimated Value: $242,000 - $269,000

4 Beds
2 Baths
-- Sq Ft
0.37 Acres

Last Sold August 31, 2023

Last sale price $215,000

Est. 16% increase in value since last sale

Current estimated payment $1,850/month

154 Days on Market

Highlights

  • Farmhouse Style Home
  • Corner Lot
  • Porch
  • Somonauk Middle School Rated A-
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of August 2023

This spacious two story duplex has over 2,300 sq ft of total living space, and has been updated with some fresh paint, all new carpeting throughout, and in move-in condition! This would be a great opportunity to live in one unit and have a tenant in the other unit help pay your mortgage! The owner's apartment is located on the first floor and has 1,258 st of living space. Included is a large living room, updated kitchen with new vinyl plank flooring, dining or family room, two bedrooms and a full bath. Upstairs is the 2nd floor apartment, with approx 1,050 sq ft of living space, with two bedrooms, a fully equipped kitchen, a full bath, and a spacious living room. Each unit has a stove & refrigerator, a washer & dryer, and window air conditioning units. There is one furnace for both units located in the basement, a brand new hot water heater & sump pump. There is a two car garage can be shared between the tenants and off street parking on the driveway. The existing survey, is attached in the document library will be provided at closing. The Village of Somonauk has issued a permit to reconstruct an R-2 structure - either a single family or two family dwelling.

Last Agent to Sell the Property

Cindy Heckelsberg

Coldwell Banker Real Estate Group License #475142782 Listed on: 02/14/2023

Coldwell Banker Real Estate Group

Co-Listed By

Michele Burdo

Coldwell Banker Real Estate Group License #475203455

Last Buyer's Agent

Craig Elliott

Kettley & Company Realtors Inc License #471015667

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,315

Year Built

  • Built in 1865

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 132 x 123.75
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Farmhouse Style Home
  • Brick Foundation
  • Stone Foundation
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Partial Basement
  • Sump Pump

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,315

Year Built

Built in 1865

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Farmhouse
  • New Construction: No
  • Year Built: 1865
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump, Water Heater-Gas
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Refrigerator,Washer,Dryer,Microwave,Window Air Conditioner,Cooktop,Oven/Built-in
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Laundry Hook-Up

Exterior Features

  • ExteriorFeatures: Porch
  • Foundation Details: Brick/Mortar, Concrete Perimeter, Stone
  • List Price: 224900
  • Lot Features: Corner Lot
  • OtherStructures: Garage(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • 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, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Paved

Schools

  • Middle/Junior School District: 432

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.37
  • Lot Dimensions: 132 X 123.75
  • Zoning: SINGL
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5314.76
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s,Converted Residence

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2020
Sold by
Plano Land Holdings Llc
Bought by
Anchor Point Properties Llc
Current Estimated Value
$248,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$663,750
Outstanding Balance
$12,183
Interest Rate
4%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$227,983

Purchase Details

Listed on
Jul 11, 2013
Closed on
Aug 26, 2013
Sold by
Rendleman Bobbie R
Bought by
Plano Land Holdings Llc
Seller's Agent
Shirlene Peterson
Swanson Real Estate
Buyer's Agent
Cindy Heckelsberg
Coldwell Banker Real Estate Group
List Price
$139,900
Sold Price
$124,500
Premium/Discount to List
-$15,400
-11.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.65%
Original Mortgage
$102,576
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2008
Sold by
Rendleman Bobbie R
Bought by
Rendleman Trust
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
Anchor Point Properties Llc $885,000 Fidelity National Title Ins
Plano Land Holdings Llc $124,500 --
Rendleman Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anchor Point Properties Llc $663,750
Closed Anchor Point Properties Llc $132,750
Previous Owner Plano Land Holdings Llc $102,576
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $215,000 -4.4% --
07/19/2023 07/19/23 Pending -- -- --
05/26/2023 05/26/23 For Sale $224,900 0.0% --
05/22/2023 05/22/23 Pending -- -- --
02/14/2023 02/14/23 For Sale $224,900 +80.6% --
08/27/2013 08/27/13 Sold $124,500 -11.0% --
07/17/2013 07/17/13 Pending -- -- --
07/11/2013 07/11/13 For Sale $139,900 -- --
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
2024 $5,856 $72,227 $16,572 $55,655
2023 $5,856 $65,703 $15,075 $50,628
2022 $5,621 $60,813 $13,953 $46,860
2021 $5,315 $56,925 $13,061 $43,864
2020 $5,259 $53,922 $12,372 $41,550
2019 $5,379 $51,511 $11,819 $39,692
2018 $5,138 $48,522 $11,133 $37,389
2017 $4,912 $44,861 $10,293 $34,568
2016 $4,789 $42,639 $9,783 $32,856
2015 -- $40,225 $9,229 $30,996
2014 -- $34,074 $9,309 $24,765
2013 -- $35,066 $9,580 $25,486
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11718784

Midwest Real Estate Data (MRED)

APN: 18-32-428-004