NOT LISTED FOR SALE

603 Douglas St Morris, IL 60450

Estimated Value: $205,000 - $245,337

6 Beds
4 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold May 19, 2022

Last sale price $170,000

Est. 35% increase in value since last sale

Current estimated payment $1,671/month

484 Days on Market

About This Home

As of May 2022

Buyers financing fell through! Investors opportunity!! 2 buildings, Front building just had electrical upgraded including re-wiring throughout and fuse boxes, June 2021. 4 units total. Large storage area. Fully rented with long term tenants. All appliances stay. Laundry on site with brand new washer and dryer. Back building just repainted. No garage. Seller is a License Real Estate Agent.

Last Agent to Sell the Property

Gloria Durkee

Crosstown REALTORS Inc License #475141098 Listed on: 12/01/2020

Last Buyer's Agent

Gloria Durkee

Crosstown REALTORS Inc License #475141098 Listed on: 12/01/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,643

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 139 x 57

Interior Spaces

  • 2-Story Property
  • Basement Cellar

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for sewer

Community Details

Overview

  • Association fees include electricity, gas
  • 5 Units

Building Details

  • Operating Expense $3,813
  • Gross Income $35,650

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,643

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Other
  • Stories: 2
  • Year Built: 1900
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Possible Use: Multi-Family
  • Basement Description: Cellar
  • Fireplaces: 1
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 4
  • Ranges: 4
  • Number of Washers: 1
  • Room: 0

Garage/Parking

  • Outdoor Parking: 1-5 Spaces

Utilities

  • Cooling: Central Air
  • Heat/Ventilation: Forced Air,Gas

Fee Information

  • Association Fee Includes: Electricity, Gas

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 139 X 57
  • Zoning: OTHER

Rental Info

  • Tenant Pays: Sewer
  • Board Number: 17
  • Tenancy Type: Month To Month

Multi Family

  • GrossIncome: 35650
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 3813
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 4643.38
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2020
Closed on
May 17, 2022
Sold by
Kramer Robert F
Bought by
Brandt Dylan
Seller's Agent
Gloria Durkee
Crosstown REALTORS Inc
Buyer's Agent
Gloria Durkee
Crosstown REALTORS Inc
Sold Price
$170,000
Current Estimated Value
$229,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,334
Avg. Annual Appreciation
8.70%
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

Date Buyer Sale Price Title Company
Brandt Dylan $170,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2022 05/19/22 Sold $170,000 0.0% --
03/30/2022 03/30/22 Pending -- -- --
01/31/2022 01/31/22 For Sale -- -- --
01/28/2022 01/28/22 Off Market $170,000 -- --
08/26/2021 08/26/21 Pending -- -- --
06/07/2021 06/07/21 For Sale -- -- --
05/18/2021 05/18/21 Off Market $170,000 -- --
12/01/2020 12/01/20 For Sale $215,000 -- --
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 $5,638 $72,034 $12,633 $59,401
2023 $5,310 $67,842 $11,898 $55,944
2022 $4,897 $62,573 $10,974 $51,599
2021 $4,696 $59,176 $10,378 $48,798
2020 $4,643 $57,665 $10,113 $47,552
2019 $4,377 $54,659 $9,586 $45,073
2018 $4,309 $53,599 $9,400 $44,199
2017 $4,056 $50,781 $8,906 $41,875
2016 $4,017 $50,383 $8,836 $41,547
2015 $3,768 $48,366 $8,482 $39,884
2014 $3,668 $47,104 $8,261 $38,843
2013 $3,729 $48,980 $8,590 $40,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10944872

Midwest Real Estate Data (MRED)

APN: 05-03-309-007