NOT LISTED FOR SALE

714 E Jackson St Morris, IL 60450

Estimated Value: $200,000 - $268,000

3 Beds
2 Baths
-- Sq Ft
6,534 Sq Ft Lot

Last Sold July 13, 2022

Last sale price $185,000

Est. 24% increase in value since last sale

Current estimated payment $1,584/month

47 Days on Market

Highlights

  • 1 Car Detached Garage
  • Patio
  • Paved or Partially Paved Lot

About This Home

As of July 2022

Calling all investors!! Do not miss your opportunity to own this cash-flowing, well preserved, 2 unit building that is just blocks away from downtown Morris. Both of the units are quite spacious and the downstairs unit features hardwood flooring. Both units have both had recent maintenance performed. This 2-unit is perfectly situated within walking distance to the William G. Stratton State park, walking trails and an abundance of shopping, dining and entertainment in downtown Morris!

Last Agent to Sell the Property

Kayleigh Condon

Century 21 Kroll Realty License #471021898 Listed on: 04/20/2022

Century 21 Kroll Realty

Co-Listed By

Dan Condon

Century 21 Kroll Realty License #475178004

Last Buyer's Agent

john krozel

Mathisen Realty, Inc. License #471019305

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,808

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 53.6x119.9x53.5x120
  • Paved or Partially Paved Lot

Parking

  • 1 Car Detached Garage
  • Parking Included in Price

Home Design

  • Block Foundation
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Schools

  • Morris Grade Elementary And Middle School
  • Morris Community High School

Additional Features

  • Partial Basement
  • Patio
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Gross Income $21,480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,808

Year Built

Built in 1925

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: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Laundry Hook-Up,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Block, Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Other

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 2
  • Number of Cars: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Paved

Schools

  • Elementary School: Morris Grade School
  • High School: Morris Community High School
  • Middle/Junior School: Morris Grade School

Lot Info

  • Lot Dimensions: 53.6X119.9X53.5X120
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17
  • Is Parking Included in Price: Yes

Multi Family

  • GrossIncome: 21480
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 3808.44
  • Tax Year: 2020
  • Tax Exemptions: None

MLS Schools

  • Other Public Sch Dist: 525
  • Othr Public Sch: Joliet Jr College

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2022
Closed on
Jul 12, 2022
Sold by
Blue Door Group Llc
Bought by
Aned Properties Inc
Seller's Agent
Kayleigh Condon
Century 21 Kroll Realty
Buyer's Agent
john krozel
Mathisen Realty, Inc.
List Price
$190,000
Sold Price
$185,000
Premium/Discount to List
-$5,000
-2.63%
Current Estimated Value
$229,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,568
Avg. Annual Appreciation
6.40%

Purchase Details

Closed on
Feb 19, 2021
Sold by
First Midwest Bank
Bought by
Blue Door Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.05%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Aned Properties Inc $185,000 Chicago Title
Blue Door Group Llc $125,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blue Door Group Llc $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2022 07/13/22 Sold $185,000 -2.6% --
06/07/2022 06/07/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $190,000 -- --
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 $4,624 $59,080 $10,487 $48,593
2023 $4,355 $55,642 $9,877 $45,765
2022 $4,017 $51,321 $9,110 $42,211
2021 $3,852 $48,535 $8,615 $39,920
2020 $3,808 $47,296 $8,395 $38,901
2019 $3,590 $44,830 $7,957 $36,873
2018 $3,534 $43,961 $7,803 $36,158
2017 $3,326 $41,650 $7,393 $34,257
2016 $3,295 $41,323 $7,335 $33,988
2015 $3,090 $39,668 $7,041 $32,627
2014 $3,008 $38,632 $6,857 $31,775
2013 $3,058 $40,170 $7,130 $33,040
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11379731

Midwest Real Estate Data (MRED)

APN: 05-03-376-015