NOT LISTED FOR SALE
4 Beds
4 Baths
-- Sq Ft
9,148 Sq Ft Lot

Last Sold May 10, 2024

Last sale price $700,000

4 Days on Market

Highlights

  • Community Lake
  • Property is near a park
  • First Floor Utility Room
  • Emerson Elementary School Rated A
  • American Four Square Architecture
  • 2-minute walk to Rathje Park

About This Home

As of May 2024

Historically classic four-flat with loads of character offers many benefits to residents. All units thoroughly remodeled 11-12 years ago, including all cabinetry and tile flooring. Hard-surface flooring throughout helps minimize turnover costs. High ceilings in lower two units are an attractive bonus, as is the charm of historic wood molding found throughout the building. Plentiful basement storage and two sets of laundry are valued features by many residents. Backyard offers a large shed along with raised gardens, wood swing, seating area and barbecue. Recent improvements include high-efficiency combi-boiler (2022, $16,000) providing hot water for both radiators and domestic water, and all-new roofing and siding (2023, $45,000). Neighborhood offers green space across street and includes ball field, historic park district building, playground and pond, providing residents with dog-walking, fishing, and relaxing opportunities. Wheaton Metra station and downtown is a short walk away.

Last Agent to Sell the Property

Mike Berg

Berg Properties License #475114838 Listed on: 04/02/2024

Last Buyer's Agent

Nathan Dent

Worth Clark Realty License #475186632

Worth Clark Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,402

Year Built

  • Built in 1903 | Remodeled in 2013

Lot Details

  • 9,148 Sq Ft Lot
  • Paved or Partially Paved Lot
  • Additional Parcels

Home Design

  • American Four Square Architecture
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Entrance Foyer
  • First Floor Utility Room
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Off-Street Parking
  • Parking Included in Price

Location

  • Property is near a park

Schools

  • Emerson Elementary School
  • Monroe Middle School
  • Wheaton North High School

Utilities

  • Radiator
  • Vented Exhaust Fan
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 4 Units
  • Community Lake

Building Details

  • Gross Income $79,620
  • Net Operating Income $56,640

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,402

Year Built

Built in 1903 | Remodeled in 2013

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: American 4-Sq.
  • New Construction: No
  • Year Built: 1903
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2013
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2013

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Other Equipment: CO Detectors, Ceiling Fan(s), Fan-Attic Exhaust
  • Room Type: Foyer, Utility Room-1st Floor
  • Basement Description: Unfinished,Exterior Access
  • Below Grade Bedrooms: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • OpenParkingSpaces: 6
  • Parking Features: Off Street
  • ParkingTotal: 6
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Steam, Radiator(s)
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Park, Lake, Curbs, Sidewalks, Street Lights, Street Paved

Fee Information

  • Other Expenses $: 22980

Schools

  • Elementary School: Emerson Elementary School
  • High School: Wheaton North High School
  • Middle/Junior School: Monroe Middle School

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.21
  • Lot Dimensions: 9148
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 56640
  • GrossIncome: 79620
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 10401.96
  • Tax Year: 2022
  • Tax Exemptions: None

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2024 05/10/24 Sold $700,000 +0.1% --
04/07/2024 04/07/24 Pending -- -- --
04/02/2024 04/02/24 For Sale $699,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12018367

Midwest Real Estate Data (MRED)

APN: 05-17-417-023