NOT LISTED FOR SALE

Estimated Value: $162,250 - $200,000

4 Beds
2 Baths
1,324 Sq Ft
$137/Sq Ft Est. Value

Last Sold March 23, 2021

Last sale price $180,000 $136 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,171/month

7 Days on Market

Highlights

  • Multiple Garages
  • Attached Garage
  • Senior Tax Exemptions
  • Ranch Style House
  • Forced Air Heating System

About This Home

As of March 2021

701-703 Sangamon is a unique property and a great investment opportunity! This single-story, 2-unit duplex was built in 1992 and is in excellent condition! Property entrances are on a quiet cul-de-sac and each unit has their own attached 1-car garage and separate, private outdoor space. Unit 701 has a lovely fenced yard and Unit 703 has a nice secluded patio. Both units have Anderson windows throughout, central heat & A/C; separate laundry rooms; open layouts w/spacious kitchens & separate dining areas; and both master bedrooms have large walk-in closets. All appliances are included in the sale. Roof is 8 years old; 701 furnace is about 11 years old and 703 furnace is original but in working order. 701 AC unit is 8 years old and 703 is original but in working order. 703 has a long term tenant and 701 is currently vacant. Rents can certainly be higher. Property is right across the street from a children's park and a short distance to Prairie College, miles of forest preserves and Chicago Heights Park District Golf Course. All eating and shopping amenities nearby on Halsted Street. Really a great location! I know you already know this....but this property will not last long!!! Only showing vacant unit until offer is received and/or accepted. Units are identical in layout and condition.

Last Agent to Sell the Property

Denise Raines

Keller Williams Preferred Rlty License #471018566 Listed on: 02/11/2021

Keller Williams Preferred Rlty

Last Buyer's Agent

Celeste Parker

Alex Drew Realty and Property Management License #475126824

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,666

Year Built

  • 1992

Lot Details

  • 3,485

Parking

  • Attached Garage
  • Multiple Garages
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Asphalt Shingled Roof
  • Vinyl Siding

Basement

  • Crawl Space

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Net Operating Income $14,418

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • $4,500 Seller Concession

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,666

Year Built

1992

Lot Details

0

Parking

2

Listing Details

  • Property Type: Two to Four Units
  • Age: 26-30 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Ranch
  • Estimated Year Built: 1992
  • Tax Exemptions: Homeowner, Senior
  • Trash Expense Year: 500
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1992

Interior Features

  • Number Of Rooms: 12
  • Equipment: Ceiling Fan
  • Basement: Crawl
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Acreage: 0.08

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s), Multiple Garages
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air
  • Water Expense: 500

Fee Information

  • Insurance Expense: 1100
  • Scavenger Fee: 500
  • Gross Expenses: 1200

Schools

  • School District: 206
  • Junior High Dist: 206

Lot Info

  • Lot Dimensions: 29X123
  • Parcel Identification Number: 32174130010000

Rental Info

  • Gross Rental Income: 23940
  • Total Rental Income: 1995

Multi Family

  • Total Number Unitsin Building: 2
  • Full Baths In Building: 2
  • Net Operating Income: 14418

Tax Info

  • Taxes: 5721.58

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2022
Sold by
Lambert Family Trust
Bought by
Lambert Denise
Current Estimated Value
$181,813

Purchase Details

Closed on
Jun 17, 2021
Sold by
Lambert Denise
Bought by
Lambert Martin R and The Lambert Family Trust

Purchase Details

Listed on
Feb 11, 2021
Closed on
Mar 22, 2021
Sold by
Lagone Patrick and Patrick Lagone Declaration Of
Bought by
Lambert Denise
Seller's Agent
Denise Raines
Keller Williams Preferred Rlty
Buyer's Agent
Celeste Parker
Alex Drew Realty and Property Management
List Price
$169,900
Sold Price
$180,000
Premium/Discount to List
$10,100
5.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.69%
Original Mortgage
$169,866
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2013
Sold by
Lagone Joyce
Bought by
Lagone Joyce
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
Lambert Denise -- None Listed On Document
Lambert Denise -- --
Lambert Martin R -- Attorney
Lambert Denise $180,000 Fidelity National Title Ins
Lagone Joyce -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lambert Denise $17,877
Previous Owner Lambert Denise $169,866
Previous Owner Lagone Joyce $60,000
Previous Owner Lagone Joyce $2,699
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2021 03/23/21 Sold $180,000 +5.9% $136 / Sq Ft
02/18/2021 02/18/21 Pending -- -- --
02/15/2021 02/15/21 For Sale $169,900 0.0% $128 / Sq Ft
02/13/2021 02/13/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $169,900 -- $128 / Sq Ft
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 $5,666 $10,659 $1,292 $9,367
2023 $6,841 $10,659 $1,292 $9,367
2022 $6,841 $10,825 $1,292 $9,533
2021 $5,558 $10,823 $1,291 $9,532
2020 $3,117 $10,823 $1,291 $9,532
2019 $2,861 $10,173 $1,199 $8,974
2018 $2,720 $10,173 $1,199 $8,974
2017 $2,601 $10,173 $1,199 $8,974
2016 $2,948 $9,101 $1,107 $7,994
2015 $2,940 $9,101 $1,107 $7,994
2014 $2,902 $9,101 $1,107 $7,994
2013 $2,874 $9,365 $1,107 $8,258
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10993211

Midwest Real Estate Data (MRED)

APN: 32-17-413-001-0000