$305,000
SOLD DEC 18, 2018
8 Beds
4 Baths
-- Sq Ft
0.32 Acres

Recently Sold

6% Below List Price

37 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Paved or Partially Paved Lot
  • Lockport Township High School East Rated A
  • Forced Air Heating System
  • 4-minute walk to Rotary Park

About This Home

As of March 2022

Two identical brick buildings each with 2 units under one parcel ID #: All four units are 2 bedrooms, 1 bath with hardwood floors and washer & dryer hook-ups: Units have been continuously updated through the past couple of years: All units are self contained having their own GFA & CAC with tenants paying all utilities: Roof on both buildings replaced 2013: Double hung windows and doors replaced 2005: Updated electric with 100 amp circuit breakers: Washer and dryers are tenant owned: Second building address is 1404 & 1406 West Street:

Last Agent to Sell the Property

Keith Wagner

RE/MAX of Naperville License #475137791 Listed on: 08/13/2018

RE/MAX of Naperville

Last Buyer's Agent

Reid Specht

Hoff, Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,428

Lot Details

  • Lot Dimensions are 66x152x132x51x66x101
  • Paved or Partially Paved Lot
  • Irregular Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Off-Street Parking
  • Parking Included in Price
  • Unassigned Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Crawl Space
  • Deck

Community Details

  • 4 Units
  • Gross Income $38,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,428

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Laundry Hook-Up,Range Hood,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Laundry Hook-Up,Range Hood,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Laundry Hook-Up,Range Hood,Hardwood Floors
  • AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Laundry Hook-Up,Range Hood,Hardwood Floors
  • Room: 5

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 324900
  • Lot Features: Irregular Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned, Off Street, Driveway
  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Street Lights, Street Paved

Schools

  • Middle/Junior School District: 90

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 66X152X132X51X66X101
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • GrossIncome: 38400
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 9428
  • Tax Year: 2017
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2018
Closed on
Jan 3, 2019
Sold by
Hedinger Brian
Bought by
Viking Empire Llc
Seller's Agent
Keith Wagner
RE/MAX of Naperville
Buyer's Agent
Reid Specht
Hoff, Realtors
List Price
$324,900
Sold Price
$305,000
Premium/Discount to List
-$19,900
-6.12%
Current Estimated Value
$421,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,675
Avg. Annual Appreciation
4.88%
Original Mortgage
$228,750
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 13, 2018
Closed on
Dec 14, 2018
Sold by
Berardi Louis J and Bcrardi Fran
Bought by
Hedinger Brian
Seller's Agent
Keith Wagner
RE/MAX of Naperville
Buyer's Agent
Reid Specht
Hoff, Realtors
List Price
$324,900
Sold Price
$305,000
Premium/Discount to List
-$19,900
-6.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,750
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2017
Sold by
First Midwest Bank
Bought by
Berardi Louis J and Berardi Fran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2005
Sold by
Greenway Charles T and Greenway Bettie L
Bought by
Standard Bank & Trust and Trust #18905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.68%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Quit Claim Deed -- Attorney
Warranty Deed $305,000 Attorney
Deed -- Old Republic Title
Warranty Deed $420,000 Multiple
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $228,750 New Conventional
Previous Owner $210,000 New Conventional
Previous Owner $300,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2022 03/03/22 Sold $475,000 0.0% --
01/26/2022 01/26/22 Pending -- -- --
01/24/2022 01/24/22 For Sale $475,000 +55.7% --
12/18/2018 12/18/18 Sold $305,000 -6.1% --
08/19/2018 08/19/18 Pending -- -- --
07/13/2018 07/13/18 For Sale $324,900 -- --
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 $9,692 $120,631 $33,593 $87,038
2023 $9,692 $108,296 $30,158 $78,138
2022 $8,371 $96,135 $26,771 $69,364
2021 $7,989 $90,344 $25,158 $65,186
2020 $7,819 $87,374 $24,331 $63,043
2019 $7,506 $82,819 $23,063 $59,756
2018 $9,965 $107,488 $21,748 $85,740
2017 $9,428 $98,516 $19,933 $78,583
2016 $8,576 $87,435 $17,691 $69,744
2015 $8,341 $80,770 $16,343 $64,427
2014 $8,341 $79,187 $16,023 $63,164
2013 $8,341 $93,160 $18,850 $74,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10050087

Midwest Real Estate Data (MRED)

APN: 11-04-26-202-016