NOT LISTED FOR SALE

Estimated Value: $174,000 - $226,000

4 Beds
2 Baths
-- Sq Ft
5,663 Sq Ft Lot

Last Sold March 25, 2024

Last sale price $178,000

Est. 8% increase in value since last sale

Current estimated payment $1,400/month

4 Days on Market

Highlights

  • Shed
  • Multiple Water Heaters
  • Paved or Partially Paved Lot
  • Ceiling Fan

About This Home

As of March 2024

Fantastic Investment opportunity in Joliet! This well-maintained Brick Two-Flat is a Fully Occupied building, collecting $1,775/month in rent. Each unit features 2 bedrooms and 1 full bath. Off-street parking is available. Furnace 2023 & 2018. 2 Brand New Tankless Water Heaters. Landlord pays Water only. Tenants provided their own appliances. While the property is in good condition, it is being sold "AS IS," presenting an excellent chance to customize and add value. Don't miss out on this real estate opportunity. Photos were taken 11/9/23. Both units are currently being rented -Month to Month.

Last Agent to Sell the Property

Shawn-Daria Dowd

john greene, Realtor License #475168367 Listed on: 02/05/2024

john greene, Realtor

Co-Listed By

Stephanie Lange

john greene, Realtor License #475175087

Last Buyer's Agent

Wendy Pawlak

Keller Williams Experience License #475144278

Keller Williams Experience

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,576

Year Built

  • Built in 1914

Lot Details

  • 5,663 Sq Ft Lot
  • Paved or Partially Paved Lot

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • Ceiling Fan
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Basement

  • Partial Basement
  • Sump Pump
  • Stone or Rock in Basement
  • Crawl Space

Outdoor Features

  • Shed

Schools

  • Sator Sanchez Elementary School
  • Gompers Junior High School
  • Joliet West High School

Utilities

  • Heating System Uses Natural Gas
  • Multiple Water Heaters

Community Details

  • 2 Units
  • Gross Income $21,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,576

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1914
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Flood Zone
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump, Multiple Water Heaters
  • Basement Description: Crawl,Stone/Rock
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0

Exterior Features

  • Foundation Details: Block
  • List Price: 175000
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Schools

  • Elementary School: Sator Sanchez School
  • High School: Joliet West High School
  • Middle/Junior School: Gompers Junior High School
  • Middle/Junior School District: 86

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.13
  • Lot Dimensions: 5641
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: No

Multi Family

  • GrossIncome: 21300
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 3576.12
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2024
Closed on
Mar 25, 2024
Sold by
Edwards Jimmie Faye and Cartwright Jimmie Faye
Bought by
Main Street R E Holdings Llc
Seller's Agent
Shawn-Daria Dowd
john greene, Realtor
Buyer's Agent
Wendy Pawlak
Keller Williams Experience
List Price
$175,000
Sold Price
$178,000
Premium/Discount to List
$3,000
1.71%
Views
177
Current Estimated Value
$192,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,812
Avg. Annual Appreciation
4.28%
Original Mortgage
$131,250
Interest Rate
6.82%
Mortgage Type
FHA
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
Main Street R E Holdings Llc $178,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Main Street R E Holdings Llc $131,250
Previous Owner Cartwright Jimmie Faye $88,500
Previous Owner Edwards Jimmie Faye $89,800
Previous Owner Cartwright Jimmie F $82,000
Previous Owner Cartwright Jimmie F $58,800
Previous Owner Edwards Jimmie Faye $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2024 03/25/24 Sold $178,000 +1.7% --
02/10/2024 02/10/24 Pending -- -- --
02/05/2024 02/05/24 For Sale $175,000 -- --
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
2023 $4,035 $42,808 $4,999 $37,809
2022 $3,576 $38,723 $4,522 $34,201
2021 $3,399 $36,166 $4,223 $31,943
2020 $3,225 $34,345 $4,010 $30,335
2019 $3,067 $31,919 $3,727 $28,192
2018 $2,939 $29,495 $3,444 $26,051
2017 $2,770 $26,816 $3,131 $23,685
2016 $2,602 $24,210 $2,880 $21,330
2015 $2,510 $22,700 $2,700 $20,000
2014 $2,510 $22,600 $2,700 $19,900
2013 $2,510 $24,170 $2,997 $21,173
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11974308

Midwest Real Estate Data (MRED)

APN: 07-03-417-008