NOT LISTED FOR SALE

Estimated Value: $58,625

2 Beds
3 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold December 23, 2022

Last sale price $50,900

Est. 15% increase in value since last sale

Current estimated payment $385/month

218 Days on Market

About This Home

As of December 2022

Cash buyers only! Best Value in Monee/Priced to Sell! FANTASTIC investment opportunity! Live in one unit and rent out the second to pay down your mortgage. Mixed use - two unit - Commercial (C-1) on main level and a apartment on 2nd level. Located on a corner lot with 5 (3 on side of building & 2 parallel to street) parking spaces and street parking. This 2 unit has many updates. 1740 total square footage. No homeowners tax exemption. 1st floor was gutted and was used as a hair salon previously and now is a 2 bedroom with updated 1-1/2 bath apartment. Spacious living room and kitchen with open concept - new parquet floors - the kitchen features new kitchen cabinets, counter tops and an island with built-in microwave and oven. Powder room and Full bath; new hot water tank, central air and furnace. Newer roof, electric and plumbing. Porch and fenced yard. Second floor w/Circuit breakers. 2 bedrooms and 1 full bathroom, spacious living room with blinds; kitchen has a peek-a-boo opening and offers oven, refrigerator, portable microwave and area for table. 1st bedroom is spacious with walk in closet; second bedroom is cozy with closet. All separate utilities. Building is Legal Non-Conforming use per village, and will require a Commercial type loan or cash. Perfect for business equipment/storage/small contractor. EXCELLENT VALUE! Located within a mile of interstate 57 from this downtown Monee location. Sold AS IS. Buyer to take on all village required repairs and is responsible to pay for the village inspection and put up escrow, if needed; seller will not pay for 2021 or 2022 Real Estate taxes nor give prorations, nor pay for survey or termite inspections. Seller will remove their tools and some items but property is sold with debris left in building. Basement access - use small key to unlock and use handle in middle of porch and lift up to walk into basement (partial basement in rear).

Last Listed By

Marge Marasco

RE/MAX 1st Service License #475104349 Listed on: 05/09/2022

RE/MAX 1st Service

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890 | Remodeled in 2020

Lot Details

  • 2,614 Sq Ft Lot
  • Corner Lot
  • Paved or Partially Paved Lot

Home Design

  • Frame Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 3 Bathrooms

Basement

  • Partial Basement
  • Basement Cellar

Parking

  • 5 Parking Spaces
  • On-Street Parking
  • Uncovered Parking
  • Parking Space is Owned
  • Assigned Parking

Utilities

  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • 2 Unit

Property Details

Home Type

Multi-Family

Year Built

Built in 1890 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1890
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): Yes
  • Rehab Year: 2020
  • Rebuilt Year: 2020
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2020

Interior Features

  • Basement: Partial
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Basement Description: Cellar
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 1
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • List Price: 44900
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Parking Features: Assigned, Side Apron
  • ParkingTotal: 5
  • Number of Cars: 5
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Schools

  • Middle/Junior School District: 201U

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.06
  • Lot Dimensions: 2620
  • Zoning: COMMR
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 3984
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2022
Closed on
Dec 19, 2022
Sold by
Nancy William F and Nancy Lee
Bought by
Greenan Latrese and Greenan Shawn
Seller's Agent
Marge Marasco
RE/MAX 1st Service
Buyer's Agent
Beata Richards
Coldwell Banker Real Estate Group
List Price
$70,000
Sold Price
$50,900
Premium/Discount to List
-$19,100
-27.29%
Total Days on Market
218
Views
82
Current Estimated Value
$58,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,725
Avg. Annual Appreciation
6.26%

Purchase Details

Closed on
Jan 11, 2006
Sold by
Budlove William F and Budlove Nancy Lee
Bought by
William F and William Nancy Lee

Purchase Details

Closed on
Feb 20, 2003
Sold by
Millette Dan and Millette Susan M
Bought by
Budlove William and Budlove Nancy

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Greenan Latrese $509,000 --
William F -- None Available
Budlove William $45,000 Ticor Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2022 12/23/22 Sold $50,900 +13.4% --
12/14/2022 12/14/22 Pending -- -- --
11/14/2022 11/14/22 Price Changed $44,900 -22.6% --
11/01/2022 11/01/22 Price Changed $58,000 -17.1% --
10/31/2022 10/31/22 For Sale $70,000 0.0% --
10/10/2022 10/10/22 Pending -- -- --
09/24/2022 09/24/22 Price Changed $70,000 -17.6% --
09/07/2022 09/07/22 Price Changed $85,000 -14.1% --
05/09/2022 05/09/22 For Sale $99,000 -- --
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
2023 $3,988 $34,132 $11,368 $22,764
2022 $3,988 $31,079 $10,000 $21,079
2021 $3,858 $31,079 $10,000 $21,079
2020 $4,043 $31,079 $10,000 $21,079
2019 $4,098 $31,079 $10,000 $21,079
2018 $4,159 $31,079 $10,000 $21,079
2017 $4,258 $31,079 $10,000 $21,079
2016 $4,337 $31,079 $10,000 $21,079
2015 $3,947 $31,079 $10,000 $21,079
2014 $3,947 $31,079 $10,000 $21,079
2013 $3,947 $31,079 $10,000 $21,079
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11398583

Midwest Real Estate Data (MRED)

APN: 14-21-314-005