S
Seller's Agent in 2023
Steven Rea
Keller Williams Success Realty
604 N 7th St Dekalb, IL 60115
Estimated Value: $201,000 - $223,000
5
Beds
2
Baths
--
Sq Ft
9,365
Sq Ft Lot
Highlights
- 2 Car Detached Garage
- Forced Air Heating System
- 3-minute walk to Liberty Park
About This Home
As of May 2023Great investment, cash-flowing two-flat in the Pleasant St neighborhood of DeKalb on a big corner lot. Downstairs unit was improved in June of 2021. Refinished original hardwood floors, updated kitchen, new laminate floors installed in bathroom and kitchen. Updated plumbing in bathroom. Stainless steel appliances downstairs, custom countertop and shelves in kitchen. Downstairs offers 2 beds, 1 bath. Upstairs unit is currently 3 bed, 1 bath. New stove installed December 2021. Updated electrical panels in 2020, newer roof in 2014, windows, siding, gutters, furnaces 2016. Rebuilt chimney and repoured cement walkways in 2018. Laundry installed downstairs for both tenants. Big back yard. Each tenant has one half on the detached garage, and one half of the driveway. Full, unfinished basement. Downstairs unit currently rents for $900/month (New Lease 7.1.23 - 6.30.24 for $925 monthly). Upstairs is currently rented below market for $750/month (Long-term renters in this unit 8+ Years). All utilities separate. Water bill split between tenants. Great opportunity to value-add by increasing rents and improving upstairs unit - or keep it as-is and collect rents. This is being offered AS-IS. Agent Owned
Last Agent to Sell the Property
Steven Rea
Keller Williams Success Realty License #475177098 Listed on: 03/31/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,963
Year Built
- Built in 1900 | Remodeled in 2021
Lot Details
- 9,365
Parking
- 2 Car Detached Garage
- Parking Space is Owned
Home Design
- Vinyl Siding
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 2 Bathrooms
Additional Features
- Basement Fills Entire Space Under The House
- Lot Dimensions are 61.82 x 150 x 61.16
- Forced Air Heating System
Community Details
- 2 Units
Listing and Financial Details
- Homeowner Tax Exemptions
- Other Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 21, 2024
Sold by
Burnett Gregory W
Bought by
Burnett Gregory W and Dubicz Robyn C
Current Estimated Value
Purchase Details
Listed on
Mar 31, 2023
Closed on
May 10, 2023
Sold by
Lfod Holdings Llc-Series 1
Bought by
Burnett Gregory W
Seller's Agent
Steven Rea
Keller Williams Success Realty
Buyer's Agent
Exclusive Agency
NON MEMBER
List Price
$169,900
Sold Price
$180,000
Premium/Discount to List
$10,100
5.94%
Views
53
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%
Original Mortgage
$162,000
Interest Rate
6.28%
Mortgage Type
VA
Purchase Details
Closed on
Aug 5, 2022
Sold by
Rea Steven
Bought by
Lfod Holdings Llc - Series 1
Purchase Details
Listed on
Sep 23, 2020
Closed on
Dec 19, 2020
Sold by
Kitsios Efstathia
Bought by
Rea Steven
Seller's Agent
Dean Arhos
Charles Rutenberg Realty
Buyer's Agent
Steven Rea
Keller Williams Rlty Partners
List Price
$139,900
Sold Price
$124,000
Premium/Discount to List
-$15,900
-11.37%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.20%
Original Mortgage
$124,000
Interest Rate
2.65%
Mortgage Type
VA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Burnett Gregory W | -- | None Listed On Document | |
| Burnett Gregory W | $180,000 | None Listed On Document | |
| Lfod Holdings Llc - Series 1 | -- | None Listed On Document | |
| Rea Steven | $124,000 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Burnett Gregory W | $162,000 | |
| Previous Owner | Rea Steven | $124,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/17/2023 05/17/23 | Sold | $180,000 | 0.0% | -- | |
| 04/01/2023 04/01/23 | Pending | -- | -- | -- | |
| 04/01/2023 04/01/23 | Off Market | $180,000 | -- | -- | |
| 03/31/2023 03/31/23 | For Sale | $169,900 | +37.0% | -- | |
| 01/06/2021 01/06/21 | Sold | $124,000 | -11.4% | -- | View Prior Sale |
| 11/19/2020 11/19/20 | Pending | -- | -- | -- | |
| 09/23/2020 09/23/20 | For Sale | $139,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $4,015 | $48,924 | $9,947 | $38,977 |
| 2023 | $3,329 | $42,658 | $8,673 | $33,985 |
| 2022 | $3,329 | $38,946 | $9,898 | $29,048 |
| 2021 | $2,963 | $36,527 | $9,283 | $27,244 |
| 2020 | $4,133 | $35,945 | $9,135 | $26,810 |
| 2019 | $4,052 | $34,533 | $8,776 | $25,757 |
| 2018 | $3,957 | $33,362 | $8,478 | $24,884 |
| 2017 | $3,995 | $32,070 | $8,150 | $23,920 |
| 2016 | $3,950 | $31,260 | $7,944 | $23,316 |
| 2015 | -- | $29,619 | $7,527 | $22,092 |
| 2014 | -- | $27,364 | $10,892 | $16,472 |
| 2013 | -- | $28,744 | $11,441 | $17,303 |
Source: Public Records
Agents Affiliated with this Home
-
-
Exclusive Agency
E
Buyer's Agent in 2023
Exclusive Agency
NON MEMBER
-
Dean Arhos
Seller's Agent in 2021
Dean Arhos
Charles Rutenberg Realty
(312) 404-9603
1 in this area
4 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11748770
APN: 08-23-205-007
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