NOT LISTED FOR SALE

59 E Mill St Montgomery, IL 60538

Estimated Value: $2,949,520

36 Beds
36 Baths
-- Sq Ft
1.94 Acre Lot

Sale Details

Date Sold: June 28, 2019

Last sale price $1,806,780 $0 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $20,067 / mo

12 Days on Market

About This Home

As of June 2019

One-of-a-Kind!!! Custom-Built by Owner !!! 2 newer 9-unit buildings ** 18 condo-style units under one PIN number ** No association fees ** Beautiful park-like setting on oversized lot (almost 2 acres) ** Flexicore (concrete) construction with hip shingled roofs ** Each spacious (1100+ sf) unit has the following: 2 BR's, 2 Baths, 2 Balconies or 1 Patio, 1 washer, 1 dryer, 1 hot water heater, individual electric forced air heat & A/C and individual water meter ** Plenty of parking - 2 cars per unit & guest parking ** Great location - across the street from Austin Park and steps from Fox River Trail ** Extremely high net operating income - tenants pay all utilities !!!

Last Agent to Sell the Property

Richard Dawidiuk

REMAX Legends License #475134041 Listed on: 04/17/2019

REMAX Legends

Last Buyer's Agent

Erica Bugarin

Smart Home Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1983

Lot Details

  • 1.94

Home Design

  • Brick Exterior Construction

Utilities

  • Central Air

Community Details

  • Insurance Expense $8,200

Listing and Financial Details

  • Tenant pays for heat, water/sewer

Property Details

Home Type

Multi-Family

Year Built

1983

Lot Details

1.94 Acres

Listing Details

  • Property Type: Multi Family 5+
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Oper Income: 181960
  • Outdoor Parking: 31-50 Spaces, Paved, Private Lot
  • Roof Coverings: Shingle Composition
  • Roof Structure: Hip, Pitched
  • Scavenger Expense: 2196
  • Total Annual Exp: 43340
  • Total Annual Income: 225300
  • Total Monthly Income: 18775
  • Number of Ranges: 18
  • Number Of Refrigs: 18
  • Number Of Stories: 3
  • Estimated Year Built: 1983
  • Type Multi Family: Corridor-Interior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1983

Exterior Features

  • Exterior Building Type: Brick
  • Acreage: 1.94

Garage/Parking

  • Number Of Parking Spaces: 50

Utilities

  • Air Conditioner: Central Individual
  • Heatventilation: Electric, Forced Air, Separate Per Unit
  • Water Expense: 143

Condo/Co-op/Association

  • Units in Building: 18

Fee Information

  • Electricity Expense: 688

Lot Info

  • Lot Dimensions: 301 X 256 X 304 X 258
  • Lot Sq Ft: 84506
  • Parcel Identification Number: 1533303032

Rental Info

  • Gross Rental Income: 225300
  • Tenant Pays: Heat, Water/Sewer

Multi Family

  • Insurance Expense: 8200
  • Other Expenses: 5430
  • Number Of Dryers: 18
  • Number Of Washers: 18

Tax Info

  • Taxes: 26683

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

Listed on
Apr 17, 2019
Closed on
Jun 28, 2019
Sold by
Bought by
Seller's Agent
Richard Dawidiuk
REMAX Legends
Buyer's Agent
Erica Bugarin
Smart Home Realty
List Price
$1,995,000
Sold Price
$1,806,780
Premium/Discount to List
-$188,220
-9.43%
Current Estimated Value
$2,949,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,142,740
Avg. Annual Appreciation
7.27%
Original Mortgage
$1,150,000
Outstanding Balance
$850,766
Interest Rate
4%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$2,098,754
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

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
$1,807,000 Chicago Title Insurance Co
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 $1,150,000
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
06/28/2019 06/28/19 Sold $1,806,780 -9.4% --
04/29/2019 04/29/19 Pending -- -- --
04/17/2019 04/17/19 For Sale $1,995,000 -- --
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
2024 $49,635 $690,181 $209,475 $480,706
2023 $47,979 $616,674 $187,165 $429,509
2022 $45,300 $562,659 $170,771 $391,888
2021 $41,318 $498,149 $158,990 $339,159
2020 $39,276 $462,706 $147,678 $315,028
2019 $30,486 $340,795 $136,828 $203,967
2018 $28,058 $304,969 $126,564 $178,405
2017 $26,683 $281,000 $116,617 $164,383
2016 $27,707 $281,379 $99,963 $181,416
2015 -- $283,359 $85,960 $197,399
2014 -- $282,189 $41,710 $240,479
2013 -- $282,426 $32,894 $249,532
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Richard Dawidiuk

    REMAX Legends

    (773) 726-8400

    21 Total Sales

    Richard Dawidiuk
    Section Image
  • Erica Bugarin

    Buyer's Agent in 2019

    Erica Bugarin

    Smart Home Realty

    (815) 830-4208

    30 Total Sales

    Erica Bugarin
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10347804

Midwest Real Estate Data (MRED)

APN: 15-33-303-032

Illinois Kane County Montgomery 60538

59 E Mill St, Montgomery, IL

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.

Midwest Real Estate Data (MRED) 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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