NOT LISTED FOR SALE

623 Reed St Beecher, IL 60401

Estimated Value: $298,000 - $366,000

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

Last Sold July 17, 2013

Last sale price $85,000

Est. 287% increase in value since last sale

Current estimated payment $2,528/month

124 Days on Market

About This Home

As of July 2013

WOW !! LOOK AT THIS !! 4 UNIT BUILDING FULLY RENTED. EACH UNIT FEATURES LARGE CLOSETS PLUS DECK AND INTERIOR AND EXTERIOR STAIRWAYS. ***NEW ROOF IN '03*** TENANTS PAY GAS AND ELECTRIC. LARGE GARAGE ALSO HAS INCOME. 2 UNITS HAVE NEW FURNACES. NICE YARD.

Last Agent to Sell the Property

Althea Machtemes

McColly Real Estate License #471016439 Listed on: 10/19/2012

McColly Real Estate

Last Buyer's Agent

Althea Machtemes

McColly Real Estate License #471016439 Listed on: 10/19/2012

McColly Real Estate

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $9,565

Lot Details

  • 7,405

Parking

  • 2

Home Design

  • Frame Construction

Unfinished Basement

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

Property Details

Home Type

Other

Est. Annual Taxes

$9,565

Lot Details

0

Parking

2

Interior Features

  • Total # Of Rooms: 14
  • Basement: Full
  • Basement: Unfinished, Exterior Access

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Frame

Garage/Parking

  • Number of Cars: 2
  • Parking Type: Garage

Utilities

  • Water: Public
  • Heat/Fuel: Gas

Condo/Co-op/Association

  • Units in Building: 4

Schools

  • Junior High Dist: 200U

Lot Info

  • Lot Dimensions: 100X150

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2017
Sold by
Investment Concepts Inc
Bought by
Price Barbara
Current Estimated Value
$329,014

Purchase Details

Listed on
Oct 19, 2012
Closed on
Jul 17, 2013
Sold by
Alvarez Lydia
Bought by
Investment Concepts Inc
Seller's Agent
Althea Machtemes
McColly Real Estate
Buyer's Agent
Althea Machtemes
McColly Real Estate
List Price
$175,000
Sold Price
$85,000
Premium/Discount to List
-$90,000
-51.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.64%

Purchase Details

Closed on
Dec 8, 2004
Sold by
Alvarez Lydia
Bought by
Alvarez Lydia and The Lydia Alvaraz Trust

Purchase Details

Closed on
May 24, 2004
Sold by
First Community Bank & Trust
Bought by
Alvarez Lydia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,050
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 1998
Sold by
Machtemes Althea and Nicks Betty
Bought by
First Community Bank & Trust and Trust #98-0033

Purchase Details

Closed on
Jun 11, 1996
Sold by
Virgin William J and Virgin Audrey N
Bought by
Machtemes Althea and Nicks Betty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
8.25%
Source: Public Records

Range of Values:

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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
Price Barbara $80,000 Greater Illinois Title Co
Investment Concepts Inc $85,000 None Available
Alvarez Lydia -- None Available
Alvarez Lydia -- --
Alvarez Lydia $214,500 --
First Community Bank & Trust -- --
Machtemes Althea $142,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alvarez Lydia $193,050
Previous Owner Machtemes Althea $142,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2013 07/17/13 Sold $85,000 -10.5% --
02/20/2013 02/20/13 Pending -- -- --
02/07/2013 02/07/13 Price Changed $95,000 -13.6% --
01/30/2013 01/30/13 Price Changed $110,000 -32.3% --
01/24/2013 01/24/13 Price Changed $162,500 -7.1% --
10/19/2012 10/19/12 For Sale $175,000 -- --
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 $9,565 $111,607 $21,529 $90,078
2023 $9,565 $101,157 $19,513 $81,644
2022 $7,953 $92,770 $17,895 $74,875
2021 $8,354 $85,978 $16,585 $69,393
2020 $8,152 $80,166 $15,464 $64,702
2019 $7,858 $75,359 $14,537 $60,822
2018 $7,698 $70,760 $13,650 $57,110
2017 $7,542 $68,314 $13,178 $55,136
2016 $7,704 $68,314 $13,178 $55,136
2015 $7,318 $67,571 $13,035 $54,536
2014 $7,318 $68,254 $13,167 $55,087
2013 $7,318 $71,291 $13,753 $57,538
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08183706

Midwest Real Estate Data (MRED)

APN: 22-22-16-307-032