Ron Donavon
Keller Williams Inspire - Geneva
(331) 258-3865
192 Total Sales
2 in Cortland
$215K - $263K Price Range
555 N Strack St Cortland, IL 60112
Cortland AreaEstimated Value: $1,119,418
16
Beds
16
Baths
--
Sq Ft
0.51
Acre Lot
About This Home
As of September 2016EASY CONDO CONVERSION!!!! ** 8 SPACIOUS UNITS!!!! Each has 2 BEDROOMS, 2 FULL BATHS, Balcony or Patio. 2 Larger Units Have Extended Living Rooms .**** EACH UNIT HAS THEIR OWN HEAT, ELECTRIC, CENTRAL AIR, WASHER/DRYER, APPLIANCES INCLUDED ****. Tenants pay separate gas and electric. Only ONE water meter for building, water bill split between all units. Brick building comes with recent upgrades plus ample parking space. Sturdy Anderson Windows, Secure entrance, & fully equipped with a Fire Protection Sprinkler System. **** Rents VERY easily with 100% occupancy leases. ****
Last Agent to Sell the Property
Zamudio Realty Group License #471021065 Listed on: 11/30/2015
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,087
Year Built
- Built in 2004
Lot Details
- Lot Dimensions are 135x165
Parking
- 13 to 18 Parking Spaces
Home Design
- Brick Exterior Construction
Interior Spaces
- 2-Story Property
- Fire Sprinkler System
Bedrooms and Bathrooms
- 16 Bedrooms
- 16 Bathrooms
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Listing and Financial Details
- Tenant pays for air conditioning, electricity, heat, sewer
Community Details
Overview
- 8 Units
Building Details
- Insurance Expense $3,518
- Other Expense $2,610
- Trash Expense $1,440
- Operating Expense $6,708
- Gross Income $78,840
- Net Operating Income $57,045
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 27, 2019
Sold by
Bought by
Current Estimated Value
Purchase Details
Listed on
Nov 30, 2015
Closed on
Sep 7, 2016
Sold by
Bought by
Seller's Agent
Esther Zamudio
Zamudio Realty Group
Buyer's Agent
Jim Garry
Garry Real Estate
List Price
$649,900
Sold Price
$590,000
Premium/Discount to List
-$59,900
-9.22%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.68%
Original Mortgage
$430,000
Interest Rate
3.48%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 11, 2015
Sold by
Bought by
Purchase Details
Closed on
Jan 23, 2007
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Cortland, IL
-
Ron Donavon
-
Katherine Gannon
Katherine Gannon
RE/MAX Experience
(779) 212-7407
24 Total Sales
1 in Cortland
$330,000 Price
-
Joy Baez
Joy Baez
Berkshire Hathaway HomeServices Starck Real Estate
(630) 394-5253
62 Total Sales
1 in Cortland
$274,000 Price
-
Nicole Jackson-Hopkins
Nicole Jackson-Hopkins
Ashar Real Estate Group, LLC
(331) 244-3537
11 Total Sales
1 in Cortland
$330,000 Price
-
Rhiannon Foster
Rhiannon Foster
Hometown Realty Group
(224) 385-0177
22 Total Sales
1 in Cortland
$318,500 Price
-
Theresa Gustafson
Theresa Gustafson
Responds QuicklyKeller Williams Inspire
(630) 454-0979
56 Total Sales
1 in Cortland
$301,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Attorney | ||
| $590,000 | -- | ||
| -- | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $3,600,000 | ||
| Closed | $430,000 | ||
| Previous Owner | $540,000 | ||
| Previous Owner | $948,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/07/2016 09/07/16 | Sold | $590,000 | -9.2% | -- |
| 05/27/2016 05/27/16 | Pending | -- | -- | -- |
| 11/30/2015 11/30/15 | For Sale | $649,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $23,760 | $291,395 | $38,907 | $252,488 |
| 2024 | $24,071 | $273,945 | $36,577 | $237,368 |
| 2023 | $24,071 | $256,287 | $34,219 | $222,068 |
| 2022 | $23,883 | $244,595 | $32,658 | $211,937 |
| 2021 | $22,787 | $232,881 | $31,094 | $201,787 |
| 2020 | $22,402 | $225,616 | $30,124 | $195,492 |
| 2019 | $21,601 | $216,149 | $28,860 | $187,289 |
| 2018 | $20,837 | $204,415 | $27,293 | $177,122 |
| 2017 | $20,272 | $194,606 | $25,983 | $168,623 |
| 2016 | $15,360 | $142,739 | $24,420 | $118,319 |
| 2015 | -- | $134,040 | $22,932 | $111,108 |
| 2014 | -- | $129,008 | $22,071 | $106,937 |
| 2013 | -- | $133,687 | $22,871 | $110,816 |
Source: Public Records
Agents Affiliated with this Home
-
Esther Zamudio
Seller's Agent in 2016
Esther Zamudio
Zamudio Realty Group
(847) 508-7500
585 Total Sales
-
Jim Garry
Buyer's Agent in 2016
Jim Garry
Garry Real Estate
(630) 561-3491
149 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 09094256
APN: 09-17-374-023
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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