NOT LISTED FOR SALE

643 Reed St Beecher, IL 60401

Estimated Value: $164,344 - $286,000

5 Beds
2 Baths
-- Sq Ft
9,148 Sq Ft Lot

Last Sold October 18, 2021

Last sale price $105,000

Est. 130% increase in value since last sale

Current estimated payment $1,661/month

100 Days on Market

Highlights

  • Forced Air Heating System
  • Beecher Elementary School Rated 9+
  • 5-minute walk to Lions Park

About This Home

As of October 2021

Spacious 2 unit building with a full basement, main floor unit featuring 3 bedrooms and 2nd floor unit 2 bedrooms. Great opportunity for an investment or bring your ideas to make it your own. Huge back yard for entertaining. Property located in downtown area of Beecher and close to shopping and entertainment.

Last Agent to Sell the Property

Richard Harnik

First Midwest Realty LLC License #475156601 Listed on: 05/03/2021

Last Buyer's Agent

Rich Clark

Century 21 Circle License #475124705

Century 21 Circle

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,958

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 50x100

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Community Well

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Lot Info

  • Lot Size Acres: 0.21
  • Lot Dimensions: 50X100
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 3957.92
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

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
May 3, 2021
Closed on
Oct 18, 2021
Sold by
Giroux Joyce
Bought by
Nielsen Michael
Seller's Agent
Richard Harnik
First Midwest Realty LLC
Buyer's Agent
Rich Clark
Century 21 Circle
Sold Price
$105,000
Current Estimated Value
$241,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,086
Avg. Annual Appreciation
21.49%
Original Mortgage
$892,500
Outstanding Balance
$690,680
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
-$449,594

Purchase Details

Closed on
Jan 19, 2000
Sold by
Fortner Karen P and Grosam Walter G
Bought by
Giroux Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.03%
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

Date Buyer Sale Price Title Company
Nielsen Michael $105,000 Fidelity National Title
Giroux Joyce $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nielsen Michael $892,500
Previous Owner Giroux Joyce $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2021 10/18/21 Sold $105,000 -22.2% --
08/11/2021 08/11/21 Pending -- -- --
07/20/2021 07/20/21 For Sale -- -- --
07/14/2021 07/14/21 Pending -- -- --
07/09/2021 07/09/21 For Sale -- -- --
05/17/2021 05/17/21 Pending -- -- --
05/17/2021 05/17/21 For Sale -- -- --
05/03/2021 05/03/21 For Sale $135,000 -- --
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 $4,898 $64,992 $13,349 $51,643
2023 $4,655 $58,907 $12,099 $46,808
2022 $4,655 $54,023 $11,096 $42,927
2021 $4,287 $50,068 $10,284 $39,784
2020 $4,203 $46,684 $9,589 $37,095
2019 $3,958 $43,884 $9,014 $34,870
2018 $3,838 $41,206 $8,464 $32,742
2017 $3,734 $39,781 $8,171 $31,610
2016 $3,814 $39,781 $8,171 $31,610
2015 $3,642 $39,348 $8,082 $31,266
2014 $3,642 $39,746 $8,164 $31,582
2013 $3,642 $41,514 $8,527 $32,987
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11074927

Midwest Real Estate Data (MRED)

APN: 22-22-16-307-002