NOT LISTED FOR SALE

638 E Roosevelt St Dekalb, IL 60115

Estimated Value: $167,000 - $227,000

6 Beds
2 Baths
-- Sq Ft
7,797 Sq Ft Lot

Last Sold November 08, 2024

Last sale price $155,000

Est. 24% increase in value since last sale

Current estimated payment $1,379/month

36 Days on Market

Highlights

  • 1 Car Attached Garage
  • Forced Air Heating System
  • 3-minute walk to Sweet Park

About This Home

As of November 2024

Welcome to 638 E Roosevelt in DeKalb, a well maintained two-unit building, an ideal investment opportunity nestled just south of downtown DeKalb. Each unit features 3 spacious bedrooms and 1 modern bathroom, along with a convenient 1-car garage. With major updates completed in 2014, including a new roof, siding, gutters, and sidewalk, plus new windows in 2013, this property ensures low maintenance and durability. The large lot offers plenty of outdoor space, and its proximity to schools makes it even more attractive to renters. Currently fully rented, this property promises consistent income and ease of management. Don't miss out on this prime investment-contact us today to schedule a viewing and see why this property is perfect for you!

Last Agent to Sell the Property

Ryan Ivemeyer

O'Neil Property Group, LLC License #471021972 Listed on: 09/12/2024

Last Buyer's Agent

Bessy Canales

Hometown Realty Group License #475204149

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,461

Year Built

  • Built in 1880

Lot Details

  • 7,797

Parking

  • 1 Car Attached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 27x140x43x42x140

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,461

Year Built

Built in 1880

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1880
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • 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

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway
  • ParkingTotal: 5
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Lot Info

  • Lot Dimensions: 27X140X43X42X140
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 4461
  • Tax Year: 2023

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2024
Closed on
Nov 8, 2024
Sold by
Vestspire Group Llc
Bought by
Nieves Jose Barrera
Seller's Agent
Ryan Ivemeyer
O'Neil Property Group, LLC
Buyer's Agent
Bessy Canales
Hometown Realty Group
List Price
$185,000
Sold Price
$155,000
Premium/Discount to List
-$30,000
-16.22%
Views
96
Current Estimated Value
$192,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,251
Avg. Annual Appreciation
20.60%
Original Mortgage
$116,250
Outstanding Balance
$115,385
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$76,866

Purchase Details

Listed on
Jul 21, 2014
Closed on
Sep 15, 2014
Sold by
Hanes Lawrence P
Bought by
Vestspire Group Llc
Seller's Agent
Dan McClure
Century 21 Affiliated
Buyer's Agent
Amber Herst-Shanks
Yamber Real Estate
List Price
$109,900
Sold Price
$99,000
Premium/Discount to List
-$10,900
-9.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.51%
Original Mortgage
$79,200
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2005
Sold by
Hanes Larry
Bought by
Hanes Lawrence P and Hanes Julie C

Purchase Details

Closed on
Jun 24, 2005
Sold by
Gualdron Maurice
Bought by
Hanes Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,600
Interest Rate
5.69%
Mortgage Type
New Conventional
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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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
Nieves Jose Barrera $155,000 None Listed On Document
Nieves Jose Barrera $155,000 None Listed On Document
Vestspire Group Llc $99,000 --
Hanes Lawrence P -- --
Hanes Larry $117,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nieves Jose Barrera $116,250
Closed Nieves Jose Barrera $116,250
Previous Owner Vestspire Group Llc $79,200
Previous Owner Hanes Larry $93,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/08/2024 11/08/24 Sold $155,000 -16.2% --
10/16/2024 10/16/24 Pending -- -- --
09/09/2024 09/09/24 For Sale $185,000 +86.9% --
09/15/2014 09/15/14 Sold $99,000 -9.9% -- View Prior Sale
07/30/2014 07/30/14 Pending -- -- --
07/21/2014 07/21/14 For Sale $109,900 -- --
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 $4,461 $54,358 $8,018 $46,340
2023 $4,461 $47,396 $6,991 $40,405
2022 $4,373 $43,272 $7,979 $35,293
2021 $4,491 $40,586 $7,484 $33,102
2020 $4,593 $39,939 $7,365 $32,574
2019 $4,503 $38,370 $7,076 $31,294
2018 $4,397 $37,069 $6,836 $30,233
2017 $4,438 $35,633 $6,571 $29,062
2016 $4,389 $34,733 $6,405 $28,328
2015 -- $32,910 $6,069 $26,841
2014 -- $33,333 $8,781 $24,552
2013 -- $37,335 $9,224 $28,111
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12158884

Midwest Real Estate Data (MRED)

APN: 08-23-361-014