NOT LISTED FOR SALE

535 Pasadena Ave Crest Hill, IL 60403

Estimated Value: $354,000 - $627,000

7 Beds
4 Baths
-- Sq Ft
0.28 Acres

Last Sold March 25, 2024

Last sale price $560,000

Est. 11% decrease in value since last sale

Current estimated payment $3,225/month

84 Days on Market

Highlights

  • Property is near park
  • Community Pool
  • Heating Available
  • Lockport Township High School East Rated A
  • 4 Car Detached Garage

About This Home

As of March 2024

Fully-occupied, solid brick building with coin laundry on premises. Below-market rents, plus a detached 4-car garage offer great potential for increase in rental income. All electric building with separate meters for each unit plus common area. Newer water heater (2017), garage roof (2017), sump pump 2021, main building roof replaced approximately 2009. Walking distance to school, park and public swimming pool.

Last Agent to Sell the Property

Marie Vanco-Ward

Real People Realty License #475134903 Listed on: 12/05/2023

Last Buyer's Agent

Patrick Addison

Fathom Realty IL LLC License #475207732

Fathom Realty IL LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,704

Lot Details

  • 0.28

Parking

  • 4 Car Detached Garage
  • 7 Open Parking Spaces
  • Driveway
  • Off-Street Parking
  • Parking Space is Owned
  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Schools

  • Chaney Elementary School
  • Monge Junior High School
  • Lockport Township High School

Additional Features

  • Lot Dimensions are 84x138x85x138
  • Property is near park
  • Heating Available

Community Details

Overview

  • 4 Units

Recreation

  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,704

Lot Details

0

Parking

4

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: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

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

Garage/Parking

  • Garage Spaces: 4
  • OpenParkingSpaces: 7
  • Parking Features: Assigned, Off Street, Driveway
  • ParkingTotal: 11
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Park, Pool

Schools

  • Elementary School: Chaney Elementary School
  • High School: Lockport Township High School
  • Middle/Junior School: Monge Junior High School

Lot Info

  • Lot Dimensions: 84X138X85X138
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17

Tax Info

  • Tax Annual Amount: 6704
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2023
Closed on
Mar 22, 2024
Sold by
Helmuth Richard W and Helmuth Maria
Bought by
Scott Junius Sylvester
Seller's Agent
Marie Vanco-Ward
Real People Realty
Buyer's Agent
Patrick Addison
Fathom Realty IL LLC
List Price
$625,000
Sold Price
$560,000
Premium/Discount to List
-$65,000
-10.4%
Views
104
Current Estimated Value
$500,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$59,967
Avg. Annual Appreciation
-5.97%
Original Mortgage
$532,000
Outstanding Balance
$524,689
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
-$24,656

Purchase Details

Closed on
Apr 2, 2002
Sold by
Pannarale Giuseppe
Bought by
West Suburban Bank and Trust #12179

Purchase Details

Closed on
Mar 23, 2001
Sold by
Newberry Robert G and Newberry Jacqueline L
Bought by
Pannarale Giuseppe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
7.02%
Source: Public Records
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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
Scott Junius Sylvester $560,000 Fidelity National Title
West Suburban Bank -- --
Pannarale Giuseppe $225,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott Junius Sylvester $532,000
Previous Owner Pannarale Giuseppe $213,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2024 03/25/24 Sold $560,000 -6.7% --
02/28/2024 02/28/24 Pending -- -- --
02/21/2024 02/21/24 Price Changed $600,000 -4.0% --
12/05/2023 12/05/23 For Sale $625,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $7,508 $95,477 $25,620 $69,857
2023 $7,508 $85,714 $23,000 $62,714
2022 $6,704 $78,817 $21,149 $57,668
2021 $6,798 $78,817 $21,149 $57,668
2020 $6,896 $78,817 $21,149 $57,668
2019 $6,923 $78,817 $21,149 $57,668
2018 $6,742 $74,772 $20,064 $54,708
2017 $6,926 $74,772 $20,064 $54,708
2016 $6,911 $74,772 $20,064 $54,708
2015 $6,844 $74,772 $20,064 $54,708
2014 $6,844 $69,234 $18,578 $50,656
2013 $6,844 $69,234 $18,578 $50,656
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11941388

Midwest Real Estate Data (MRED)

APN: 11-04-33-104-038