NOT LISTED FOR SALE

606 East St Mazon, IL 60444

Estimated Value: $477,000 - $606,302

8 Beds
4 Baths
-- Sq Ft
0.84 Acres Lot

Sale Details

Date Sold: June 8, 2016

Last sale price $280,000 $0 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $3,769 / mo

11 Days on Market

About This Home

As of June 2016

4 APARTMENTS, DAYCARE AND 15 UNITS OF MINI SELF STORAGE. Multi-Use property. Rare Find. Property completely gutted and rebuilt in 1999... All new windows, wiring, plumbing, roof and siding. All new hot water heaters in 2010. Coin operated washer and dryer setup. Property consists of 4 Two Bedroom Apartments, one large day care center and 15 units of self storage. All apartments, daycare and mini storage units are rented. Approx. 300' of highway frontage on RT 47. Parking area all paved. Owner retiring, Easy to Manage, Low turn over, Ideal Retirment project. Room to grow the rents. Tenants pay water, garbag, electric and gas. Each apartment has two bedrooms, living room & kitchen combination, has individual HVAC and a large bathroom. Appliances included for each is frigerator, stove, and microwave. The daycare center has been leased for six years and it has two furnances. They pay their own ulitilies. Day care has central HVAC. First time ever on the market!

Last Agent to Sell the Property

Andrew Cook

Coldwell Banker Real Estate Group License #471002860 Listed on: 04/01/2016

Coldwell Banker Real Estate Group

Co-Listed By

Gene Briscoe

Coldwell Banker Commercial Real Estate Group License #471009350

Last Buyer's Agent

Brenda McPherson

Baird & Warner Real Estate License #475161645

Baird & Warner Real Estate

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.84

Home Design

  • Block Foundation
  • Slab Foundation
  • Vinyl Siding

Utilities

  • Central Air

Additional Features

  • Unfinished Basement

Community Details

  • Insurance Expense $4,399

Listing and Financial Details

  • Tenant pays for air conditioning, electric, heat, scavenger, water/sewer

Property Details

Home Type

Multi-Family

Lot Details

0.84 Acres

Listing Details

  • Property Type: Multi Family 5+
  • Current Use: Residential-Multi-Family, Special Use
  • Ownership Type: Individual
  • Potential Use: Commercial, Residential-Multi-Family
  • Utilities To Site: Sanitary Sewer to Site, Water-Municipal
  • Zoning Type: COMMR
  • Estimated Age: 26-35 Years
  • Net Operating Income Year: 2014
  • Net Oper Income: 12332
  • Outdoor Parking: 13-18 Spaces
  • Repairs Decor Expense: 4799
  • Roof Coverings: Shingle Composition
  • Roof Structure: Pitched
  • Total Annual Exp: 28292
  • Total Annual Income: 39195
  • Total Monthly Income: 3266
  • Number Of Disposals: 1
  • Number of Ranges: 5
  • Number Of Refrigs: 5
  • Number Of Stories: TWO
  • Estimated Year Built: 0000
  • Type Multi Family: Corridor-Interior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished

Exterior Features

  • Foundation: Block, Concrete
  • Exterior Building Type: Vinyl Siding
  • Construction: Wood Frame
  • Frontage Access: State Road

Garage/Parking

  • Number Of Parking Spaces: 20

Utilities

  • Air Conditioner: Central Individual
  • Fire Protection: Fire Extinguisher/s, Hydrants On Site, Smoke or Fire Protectors
  • Heatventilation: Central Heat/Indiv Controls, Forced Air, Gas

Condo/Co-op/Association

  • Units in Building: 1

Fee Information

  • Electrical Service: Circuit Breakers, 101-200 Amps

Lot Info

  • Lot Dimensions: 200' X 162.99'
  • Lot Sq Ft: 45000
  • Land Amenities: Children's Play Yard, Lighting/Exterior, Cable Ready
  • Parcel Identification Number: 0815300017

Rental Info

  • Gross Rental Income: 39195
  • Tenant Pays: Air Conditioning, Electric, Heat, Scavenger, Water/Sewer

Multi Family

  • Expense Year: 2014
  • Insurance Expense: 4399
  • Other Expenses: 2129
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 11672.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2016
Closed on
Jun 8, 2016
Sold by
Briscoe Ruth M
Bought by
All American Management Inc
Seller's Agent
Andrew Cook
Coldwell Banker Real Estate Group
Buyer's Agent
Brenda McPherson
Baird & Warner Real Estate
List Price
$289,900
Sold Price
$280,000
Premium/Discount to List
-$9,900
-3.41%
Current Estimated Value
$516,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,326
Avg. Annual Appreciation
6.37%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
All American Management Inc $280,000 Fidelity National Title Insu
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2016 06/08/16 Sold $280,000 -3.4% --
04/12/2016 04/12/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $289,900 -- --
Source: Midwest Real Estate Data (MRED)

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 $12,372 $135,721 $17,906 $117,815
2023 $11,363 $124,652 $16,446 $108,206
2022 $10,081 $110,595 $14,591 $96,004
2021 $9,719 $105,560 $13,927 $91,633
2020 $9,448 $102,267 $13,493 $88,774
2019 $8,998 $96,752 $12,765 $83,987
2018 $8,795 $96,561 $12,740 $83,821
2017 $9,165 $101,125 $12,574 $88,551
2016 $8,974 $99,035 $12,314 $86,721
2015 $10,131 $98,670 $12,269 $86,401
2014 $11,673 $134,869 $12,140 $122,729
2013 $11,894 $139,760 $12,580 $127,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09181677

Midwest Real Estate Data (MRED)

APN: 08-15-300-017

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