NOT LISTED FOR SALE

656 Melrose Ln Beecher, IL 60401

Estimated Value: $308,000 - $411,000

7 Beds
4 Baths
-- Sq Ft
0.33 Acres

Last Sold June 03, 2014

Last sale price $154,000

Est. 134% increase in value since last sale

Current estimated payment $2,645/month

27 Days on Market

About This Home

As of June 2014

BANK OWNED. 4 UNIT BUILDING IN SOUTH BEECHER. 3-2 BEDROOM, 1 BATHROOM UNITS AND 1-1 BEDROOM, 1 BATH UNIT. UNITS HAVE BEEN REPAINTED AND HAVE NEW FLOORING. EACH UNIT HAS OWN HEAT AND BALCONY. SOLD IN AS-IS CONDITION. SELLER WILL NOT PROVIDE SURVEY OR TERMITE AND TAXES ARE PRORATED AT 100%.

Last Agent to Sell the Property

Brent Wilk

Wilk Real Estate License #471012010 Listed on: 03/12/2014

Co-Listed By

Sebastian Kupiec

Wilk Real Estate License #475153930

Last Buyer's Agent

Sebastian Kupiec

Wilk Real Estate License #475153930

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 61x90x165x40x138

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Utilities

  • Forced Air Heating System

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

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: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • AppliancesAndFeatures: None

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 6
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.33
  • Lot Dimensions: 61X90X165X40X138
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • TenantPays: Electric,Heat

Tax Info

  • Tax Annual Amount: 8710.62
  • Tax Year: 2012

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2024
Sold by
Djd-2016-597 Trust and Doonan Daniel J
Bought by
Beecher Apt Llc
Current Estimated Value
$359,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Outstanding Balance
$518,669
Interest Rate
6.94%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$159,061

Purchase Details

Closed on
Mar 18, 2016
Sold by
Doonan Daniel J
Bought by
Doonan Daniel J and Djd 2016-597 Trust

Purchase Details

Listed on
Mar 12, 2014
Closed on
Jun 3, 2014
Sold by
Pnc Bank National Association
Bought by
Doonan Daniel J
Seller's Agent
Brent Wilk
Wilk Real Estate
Buyer's Agent
Sebastian Kupiec
Wilk Real Estate
List Price
$160,000
Sold Price
$154,000
Premium/Discount to List
-$6,000
-3.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%
Original Mortgage
$115,500
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2013
Sold by
Figuigui Jolait D and Figuigui Rachid
Bought by
Pnc Bank Na

Purchase Details

Closed on
May 23, 2012
Sold by
Figuigui Jolait D and Figuigui Rachid
Bought by
Pnc Bank National Association

Purchase Details

Closed on
Dec 12, 2005
Sold by
Witt Kevin E
Bought by
Figuigui Rachid and Figuigui Jolait D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
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
Beecher Apt Llc $700,000 Fidelity National Title
Doonan Daniel J -- Attorney
Doonan Daniel J $154,000 Premier Title
Pnc Bank Na $212,500 None Available
Pnc Bank National Association $212,500 None Available
Figuigui Rachid $295,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beecher Apt Llc $525,000
Previous Owner Doonan Daniel J $115,500
Previous Owner Figuigui Rachid $236,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2014 06/03/14 Sold $154,000 -3.8% --
04/08/2014 04/08/14 Pending -- -- --
04/07/2014 04/07/14 For Sale $160,000 0.0% --
03/25/2014 03/25/14 Pending -- -- --
03/12/2014 03/12/14 For Sale $160,000 -- --
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 $9,196 $107,321 $23,081 $84,240
2023 $9,196 $97,273 $20,920 $76,353
2022 $8,868 $89,209 $19,186 $70,023
2021 $8,032 $82,677 $17,781 $64,896
2020 $7,838 $77,088 $16,579 $60,509
2019 $7,555 $88,025 $15,585 $72,440
2018 $8,986 $82,653 $14,634 $68,019
2017 $8,807 $79,796 $14,128 $65,668
2016 $8,997 $79,796 $14,128 $65,668
2015 $8,591 $78,928 $13,974 $64,954
2014 $8,591 $79,725 $14,115 $65,610
2013 $8,591 $83,272 $14,743 $68,529
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08556790

Midwest Real Estate Data (MRED)

APN: 22-22-21-111-008