NOT LISTED FOR SALE

535 E 13th St Lockport, IL 60441

Estimated Value: $252,000 - $318,000

4 Beds
3 Baths
-- Sq Ft
6,098 Sq Ft Lot

Last Sold June 30, 2021

Last sale price $225,000

Est. 27% increase in value since last sale

Current estimated payment $2,035/month

44 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Detached Garage
  • Water Softener is Owned
  • Milne Grove Elementary School Rated 9+
  • Humidifier
  • 4-minute walk to Rotary Park

About This Home

As of June 2021

Two flat house with studio and basement. 2 bed 1 bath on 2nd floor. 1 bed 1 bath on ground floor. Studio in basement. Fully rented, Close to Metra and new downtown area in Lockport.

Last Agent to Sell the Property

Daniel Nierman

4 Sale Realty Advantage License #471018942 Listed on: 02/15/2021

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,136

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 60 x 120
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Driveway
  • Off-Street Parking
  • Parking Included in Price
  • Unassigned Parking

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House

Schools

  • Milne Grove Elementary School
  • Kelvin Grove Elementary Middle School
  • Lockport Township High School

Utilities

  • Humidifier
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Softener is Owned

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $25,200
  • Net Operating Income $23,640

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,136

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Other Equipment: Humidifier, Water-Softener Owned, CO Detectors
  • Basement Description: Finished
  • Below Grade Bedrooms: 0

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Unassigned, Off Street, Driveway
  • ParkingTotal: 5
  • Number of Cars: 7
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Fee Information

  • Other Expenses $: 1560

Schools

  • Elementary School: Milne Grove Elementary School
  • High School: Lockport Township High School
  • Middle/Junior School: Kelvin Grove Elementary School

Lot Info

  • Lot Size Acres: 0.14
  • Lot Dimensions: 60 X 120
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • Net Operating Income: 23640
  • GrossIncome: 25200
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 5135.92
  • Tax Year: 2019
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2021
Closed on
May 24, 2021
Sold by
Hayes Julie and Hayes Shawn P
Bought by
Veurink Timothy J and Gardner Lori K
Seller's Agent
Daniel Nierman
4 Sale Realty Advantage
Buyer's Agent
Non Member
NON MEMBER
Sold Price
$225,000
Current Estimated Value
$285,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,655
Avg. Annual Appreciation
5.47%
Original Mortgage
$168,750
Outstanding Balance
$152,449
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$133,206

Purchase Details

Closed on
Nov 30, 2017
Sold by
Hayes Shwan P
Bought by
Hayes Julie and Hayes Shawn P

Purchase Details

Closed on
Oct 27, 2005
Sold by
Moore William G
Bought by
Hayes Shawn P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,600
Interest Rate
6.4%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 26, 1999
Sold by
Parhas Teresa A
Bought by
Moore William G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
7.5%

Purchase Details

Closed on
Feb 17, 1998
Sold by
Bozych Karen and Schwartz Celine
Bought by
Parhas Teresa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,200
Interest Rate
7.23%
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
Veurink Timothy J $225,000 First American Title
Hayes Julie -- Ticor Title Ins Co
Hayes Shawn P $165,500 Ticor Title Insurance Compan
Moore William G $112,000 Chicago Title Insurance Co
Parhas Teresa A $98,000 Attorneys Natl Title Network
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Veurink Timothy J $168,750
Previous Owner Hayes Shawn P $135,600
Previous Owner Moore William G $84,000
Previous Owner Parhas Teresa A $88,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2021 06/30/21 Sold $225,000 -1.3% --
03/31/2021 03/31/21 Pending -- -- --
03/31/2021 03/31/21 For Sale -- -- --
03/06/2021 03/06/21 Price Changed $228,000 -2.6% --
02/26/2021 02/26/21 For Sale $234,000 0.0% --
02/25/2021 02/25/21 Price Changed $234,000 -2.1% --
02/17/2021 02/17/21 Pending -- -- --
02/15/2021 02/15/21 For Sale $239,000 -- --
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 $6,454 $75,175 $20,958 $54,217
2023 $6,454 $67,488 $18,815 $48,673
2022 $5,795 $62,953 $17,550 $45,403
2021 $5,514 $59,161 $16,493 $42,668
2020 $5,386 $57,216 $15,951 $41,265
2019 $5,136 $54,233 $15,119 $39,114
2018 $4,864 $50,136 $13,976 $36,160
2017 $4,523 $45,510 $12,687 $32,823
2016 $4,279 $41,981 $11,703 $30,278
2015 $4,153 $39,442 $10,407 $29,035
2014 $4,153 $37,925 $10,007 $27,918
2013 $4,153 $38,699 $10,211 $28,488
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10995942

Midwest Real Estate Data (MRED)

APN: 11-04-23-414-013