NOT LISTED FOR SALE

541 E 13th St Lockport, IL 60441

Estimated Value: $287,000 - $330,000

4 Beds
2 Baths
-- Sq Ft
8,276 Sq Ft Lot

Last Sold August 28, 2014

Last sale price $115,000

Est. 171% increase in value since last sale

Current estimated payment $2,249/month

12 Days on Market

Highlights

  • Fenced Yard
  • 2 Car Detached Garage
  • Paved or Partially Paved Lot
  • Milne Grove Elementary School Rated 9+
  • Heating System Uses Steam
  • 4-minute walk to Rotary Park

About This Home

As of August 2014

Excellent investment in up and coming Old Lockport..2 flat,move in and have your tenant help pay the mortgage.Both units are 2 BR,1 Bath.Efficient radiant heating, privacy fence,large yard.Walk to Metra and just minutes from I355 extension,this is a great location.Plenty of off street parking.Great property at a great price.Don't wait!

Last Agent to Sell the Property

Phil Makarewicz

RE/MAX 1st Choice License #475138878 Listed on: 07/20/2014

Last Buyer's Agent

Katie Cooper

Exit Real Estate Partners License #475133796

Exit Real Estate Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,039

Lot Details

  • Lot Dimensions are 70x115
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

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

Home Design

  • Block Foundation
  • Stone Foundation
  • Asphalt Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,039

Lot Details

0

Parking

2

Listing Details

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

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Foundation Details: Block, Stone
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 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, Steam
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 70X115
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 18
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4039
  • Tax Year: 2012
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2013
Sold by
Little Diane M
Bought by
Little Diane M and The Diane M Little Revocable T
Current Estimated Value
$311,930

Purchase Details

Closed on
Oct 6, 2008
Sold by
Romero Corinne C
Bought by
Little Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Outstanding Balance
$96,329
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$215,601

Purchase Details

Closed on
Oct 18, 2005
Sold by
Macaluso Debra K
Bought by
Romero Corinne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
6.17%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 18, 2005
Sold by
Wenzel Stephanie M
Bought by
Macaluso Debra K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 31, 2004
Sold by
Marquette Bank
Bought by
Macaluso Debra K and Wenzel Stephanie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,650
Interest Rate
5.46%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 30, 1997
Sold by
Pagano Francesco and Pagano Mary F
Bought by
Tcf National Bank Illinois and Trust #97-12-10
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
Little Diane M -- None Available
Little Diane M $235,000 First American Title Ins Co
Romero Corinne C $225,000 Attorneys Title Guaranty Fun
Macaluso Debra K -- --
Macaluso Debra K $182,500 Ticor Title
Tcf National Bank Illinois $117,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Little Diane M $145,000
Previous Owner Romero Corinne C $67,500
Previous Owner Romero Corinne C $157,500
Previous Owner Macaluso Debra K $190,000
Previous Owner Macaluso Debra K $179,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2014 08/28/14 Sold $115,000 -3.4% --
08/01/2014 08/01/14 Pending -- -- --
07/20/2014 07/20/14 For Sale $119,000 -- --
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 $7,439 $94,650 $20,958 $73,692
2023 $7,439 $84,972 $18,815 $66,157
2022 $7,052 $79,262 $17,550 $61,712
2021 $6,383 $74,488 $16,493 $57,995
2020 $6,217 $72,039 $15,951 $56,088
2019 $5,898 $68,283 $15,119 $53,164
2018 $5,542 $63,125 $13,976 $49,149
2017 $5,098 $57,300 $12,687 $44,613
2016 $4,777 $52,857 $11,703 $41,154
2015 $3,325 $42,748 $10,407 $32,341
2014 $3,325 $41,104 $10,007 $31,097
2013 $3,325 $41,943 $10,211 $31,732
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08678366

Midwest Real Estate Data (MRED)

APN: 11-04-23-414-023