NOT LISTED FOR SALE

608 N State St Marengo, IL 60152

Estimated Value: $289,000 - $307,000

6 Beds
2 Baths
-- Sq Ft
0.45 Acre Lot

Sale Details

Date Sold: July 1, 2019

Last sale price $155,000

Est. 90% increase in value since last sale

Current estimated payment $2,123 / mo

31 Days on Market

Highlights

  • Multiple Garages
  • 4 Car Detached Garage
  • 4-minute walk to Calvin Spencer Park
  • American Four Square Architecture
  • Heating System Uses Steam

About This Home

As of July 2019

Solid two flat with 2 -3bedroom units and basement, huge income producer with .45 acres and 2-two car garages. Easy to show. Should generate $2200/month income with a 12% cap rate.

Last Agent to Sell the Property

Gary Lechner

Hometown Realty, Ltd. License #471010092 Listed on: 03/31/2019

Last Buyer's Agent

Katie Marella

Berkshire Hathaway HomeServices Starck Real Estate License #475163147

Berkshire Hathaway HomeServices Starck Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,429

Year Built

  • Built in 1965

Lot Details

  • 19,602 Sq Ft Lot
  • Lot Dimensions are 66 x 264

Parking

  • 4 Car Detached Garage
  • Multiple Garages
  • Parking Space is Owned

Home Design

  • American Four Square Architecture
  • Asphalt Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • 2 Story

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,429

Year Built

Built in 1965

Lot Details

0.45 Acres

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: American 4-Sq.
  • New Construction: No
  • Year Built: 1965
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 4
  • ParkingTotal: 4
  • Garage Details: Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Steam
  • Water Source: Public

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.45
  • Lot Dimensions: 66 X 264
  • Zoning: COMMR
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 3

Tax Info

  • Tax Annual Amount: 5429.32
  • Tax Year: 2017

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

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
Mar 31, 2019
Closed on
Jun 18, 2019
Sold by
Bought by
Seller's Agent
Gary Lechner
Hometown Realty, Ltd.
Buyer's Agent
Katie Marella
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$169,000
Sold Price
$155,000
Premium/Discount to List
-$14,000
-8.28%
Current Estimated Value
$294,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,876
Avg. Annual Appreciation
9.59%
Original Mortgage
$116,250
Outstanding Balance
$101,796
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$193,080

Purchase Details

Closed on
Oct 30, 2013
Sold by
Bought by

Purchase Details

Closed on
Nov 27, 2012
Sold by
Bought by

Purchase Details

Closed on
Feb 5, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
7.38%
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
$155,000 First American Title
-- First American Title
-- None Available
$84,680 None Available
$150,000 Attorneys Natl Title Network
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 $116,250
Previous Owner $123,500
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
07/01/2019 07/01/19 Sold $155,000 -8.3% --
05/01/2019 05/01/19 Pending -- -- --
03/31/2019 03/31/19 For Sale $169,000 -- --
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 $6,482 $85,426 $15,708 $69,718
2023 $6,368 $75,305 $13,847 $61,458
2022 $6,109 $68,100 $12,522 $55,578
2021 $5,718 $62,051 $11,410 $50,641
2020 $5,067 $59,051 $10,858 $48,193
2019 $5,987 $55,951 $10,288 $45,663
2018 $5,585 $52,409 $9,637 $42,772
2017 $5,429 $49,644 $9,129 $40,515
2016 $5,282 $46,383 $8,529 $37,854
2013 -- $45,381 $8,345 $37,036
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2019

    Gary Lechner

    Hometown Realty, Ltd.

    (815) 344-6119

    72 Total Sales

    Gary Lechner
    Section Image
  • Katie Marella

    Buyer's Agent in 2019

    Katie Marella

    Berkshire Hathaway HomeServices Starck Real Estate

    (630) 525-0162

    6 Total Sales

    Katie Marella
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10325931

Midwest Real Estate Data (MRED)

APN: 11-26-478-021

Illinois McHenry County Marengo 60152

608 N State St, Marengo, 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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