NOT LISTED FOR SALE

5721 Whispering Way Loves Park, IL 61111

Estimated Value: $274,919 - $413,000

8 Beds
4 Baths
-- Sq Ft
0.51 Acres

Last Sold August 01, 2019

Last sale price $163,000

Est. 104% increase in value since last sale

Current estimated payment $2,238/month

6 Days on Market

About This Home

As of August 2019

ALL BRICK 4 UNIT IN GREAT NEIGHBORHOOD. EACH APARTMENT HAS ELECTRIC HEAT. EACH TENANT PAYS OWN ELECTRIC. LARGE PARKING LOT BEHIND BUILDING. WASHER/DRYER PAIR ARE VENDOR OWNED AND ARE RENTED IN EXCHANGE FOR THEM RECEIVING THE MONEY COLLECTED.

Last Agent to Sell the Property

Ricky Davis

Stateline Real Estate LLC License #471013255 Listed on: 05/28/2019

Last Buyer's Agent

ACCOUNTS PAYABLE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,940

Year Built

  • Built in 1982

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 70 x 229 x 118 x 262

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Parking Space is Owned
  • Unassigned Parking

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating Available

Community Details

  • 4 Units
  • Gross Income $27,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,940

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1982
  • Age: 31-40 Years
  • 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: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • Room: 4

Exterior Features

  • List Price: 160000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned, Off Street
  • ParkingTotal: 6
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Conversion YN: N

Schools

  • Middle/Junior School District: 122

Lot Info

  • Lot Size Acres: 0.51
  • Lot Dimensions: 70 X 229 X 118 X 262
  • Zoning: MULTI
  • Lot Size: .50-.99 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 11
  • TenantPays: Electric

Multi Family

  • GrossIncome: 27840
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 4940.08
  • Tax Year: 2018
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2022
Sold by
Shippert Patrick J
Bought by
P & W Rentals Llc
Current Estimated Value
$332,230

Purchase Details

Listed on
May 28, 2019
Closed on
Jul 31, 2019
Sold by
Shah Shashikant V and Shah Shobhana
Bought by
Shippert Patrick J and Shippert Whitney
Seller's Agent
Ricky Davis
Stateline Real Estate LLC
Buyer's Agent
ACCOUNTS PAYABLE
List Price
$160,000
Sold Price
$163,000
Premium/Discount to List
$3,000
1.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.17%
Original Mortgage
$122,250
Interest Rate
3.8%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
P & W Rentals Llc -- Thomas D Murray Pc
Shippert Patrick J $163,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shippert Patrick J $122,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2019 08/01/19 Sold $163,000 +1.9% --
06/03/2019 06/03/19 Pending -- -- --
05/28/2019 05/28/19 For Sale $160,000 -- --
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 $5,722 $68,695 $15,706 $52,989
2023 $5,470 $60,572 $13,849 $46,723
2022 $5,320 $54,140 $12,378 $41,762
2021 $5,005 $49,643 $11,350 $38,293
2020 $4,605 $46,931 $10,730 $36,201
2019 $4,727 $44,730 $10,227 $34,503
2018 $4,879 $42,154 $9,638 $32,516
2017 $4,811 $40,343 $9,224 $31,119
2016 $4,762 $39,587 $9,051 $30,536
2015 $2,409 $39,587 $9,051 $30,536
2014 $4,762 $39,590 $11,314 $28,276
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10396299

Midwest Real Estate Data (MRED)

APN: 12-04-253-011