NOT LISTED FOR SALE

649 Drom Ct Antioch, IL 60002

Estimated Value: $590,000

72 Beds
36 Baths
-- Sq Ft
0.29 Acres

Last Sold February 17, 2015

Last sale price $340,000

Est. 74% increase in value since last sale

Current estimated payment $3,722/month

93 Days on Market

About This Home

As of February 2015

All brick 6 unit apartment building. Dead end street, ample parking and storage shed. Each unit is 2 bedrooms. All units are rented. Good cash flow coming in. 4 units have 1 car garages. Plus one 2 car garage. Ample parking, 2 units with recent kitchens. separate meters for each unit.

Last Agent to Sell the Property

George Bessette

Re/Max Advantage License #471009097 Listed on: 09/08/2014

Re/Max Advantage

Last Buyer's Agent

Sean Ronkoske

HomeSmart Connect LLC License #471004899

HomeSmart Connect LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • 1981

Lot Details

  • 0.29

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Utilities

  • SpacePak Central Air
  • Partial Air Conditioning Available
  • Cooling System Mounted In Outer Wall Opening

Community Details

  • Insurance Expense $1,897

Listing and Financial Details

  • Tenant pays for air conditioning, electric, heat

Property Details

Home Type

Multi-Family

Year Built

1981

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Utilities To Site: Water-Municipal
  • Zoning Type: MULTI
  • Estimated Age: 26-35 Years
  • Outdoor Parking: 6-12 Spaces
  • Roof Coverings: Shingle Composition
  • Roof Structure: Pitched
  • Scavenger Expense: 527
  • Total Annual Income: 57420
  • Total Monthly Income: 4785
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Stories: 3
  • Estimated Year Built: 1981
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1981

Interior Features

  • Total Fireplaces: 1

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Acreage: 0.29
  • Construction: Brick

Garage/Parking

  • Indoor Parking: 6-12 Spaces
  • Number Of Parking Spaces: 12

Utilities

  • Air Conditioner: Partial, Space Pac, Wall Sleeve
  • Heatventilation: Electric, Forced Air, Baseboard
  • Water Expense: 1

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 500
  • Electrical Service: Circuit Breakers, Separate Meters

Lot Info

  • Lot Dimensions: 80 X 200
  • Parcel Identification Number: 02082010250000

Rental Info

  • Gross Rental Income: 57420
  • Tenant Pays: Air Conditioning, Electric, Heat

Multi Family

  • Insurance Expense: 1897
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 12301

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2014
Closed on
Feb 13, 2015
Sold by
The Chicago Trust Company Na
Bought by
The Chicago Trust Company Na and Trust #Sbl-2182
Seller's Agent
George Bessette
Re/Max Advantage
Buyer's Agent
Sean Ronkoske
HomeSmart Connect LLC
List Price
$385,000
Sold Price
$340,000
Premium/Discount to List
-$45,000
-11.69%
Current Estimated Value
$590,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,000
Avg. Annual Appreciation
5.16%
Original Mortgage
$340,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 25, 2011
Sold by
Sbotl Commercial Llc
Bought by
Bond Harry P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
4.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 21, 2011
Sold by
Drom Court L L C
Bought by
Sbotl Commercial Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
4.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 8, 2006
Sold by
Hetland Jonah P
Bought by
Drom Court Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
7.72%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 3, 2005
Sold by
Lasalle Bank Na
Bought by
Hetland Jonah P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 17, 1997
Sold by
Sjostrom Stella M
Bought by
American National Bk & Tr Co Of Chicago and Trust #60034600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Interest Rate
9.25%
Mortgage Type
Commercial
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
The Chicago Trust Company Na $340,000 American Land Title Assn
Bond Harry P $285,000 Fidelity National Title
Sbotl Commercial Llc -- None Available
Drom Court Llc -- Multiple
Hetland Jonah P $360,000 First American Title
American National Bk & Tr Co Of Chicago $173,333 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed The Chicago Trust Company Na $340,000
Previous Owner Bond Harry P $228,000
Previous Owner Drom Court Llc $440,000
Previous Owner Hetland Jonah P $360,000
Previous Owner American National Bk & Tr Co Of Chicago $246,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2015 02/17/15 Sold $340,000 -11.7% --
12/10/2014 12/10/14 Pending -- -- --
09/08/2014 09/08/14 For Sale $385,000 -- --
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 $21,193 $215,022 $10,646 $204,376
2023 $15,870 $192,535 $9,533 $183,002
2022 $15,870 $141,298 $23,755 $117,543
2021 $14,787 $131,845 $22,166 $109,679
2020 $14,516 $128,204 $21,554 $106,650
2019 $14,757 $122,601 $20,612 $101,989
2018 $15,514 $130,971 $21,475 $109,496
2017 $15,401 $124,663 $20,441 $104,222
2016 $15,064 $120,308 $19,727 $100,581
2015 $14,746 $117,248 $19,225 $98,023
2014 $12,735 $109,697 $13,623 $96,074
2012 $12,301 $109,697 $13,623 $96,074
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08723171

Midwest Real Estate Data (MRED)

APN: 02-08-201-025