NOT LISTED FOR SALE

721 N 7th St Rochelle, IL 61068

Estimated Value: $158,000 - $189,000

4 Beds
2 Baths
-- Sq Ft
9,322 Sq Ft Lot

Last Sold July 12, 2021

Last sale price $109,500

Est. 56% increase in value since last sale

Current estimated payment $1,267/month

20 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of July 2021

CALLING ALL INVESTORS!!!! GREAT 2 UNIT WITH GREAT RENTAL HISTORY! - BOTH UNITS HAVE 2 BEDROOMS, 1 BATH - NEW ROOF - UPPER UNIT HAS NEW KITCHEN FLOORING AND COUNTERTOPS - CLOSE TO DOWNTOWN - GREAT CONDITION - GREAT TENANTS! COME TAKE A LOOK TODAY! 24HR NOTICE REQUIRED

Last Agent to Sell the Property

Mary Sagan

Century 21 New Heritage - Hampshire License #475123391 Listed on: 06/05/2021

Century 21 New Heritage - Hampshire

Last Buyer's Agent

Terri Maynard

Bearrows Real Estate & Auction Co License #475187868

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,441

Year Built

  • Built in 1910

Lot Details

  • 9,322

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Deck
  • Lot Dimensions are 75' x 124

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $16,500
  • Net Operating Income $13,059

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,441

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1910
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Washer,Dryer
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 118000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Schools

  • Middle/Junior School District: 231

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 75' X 124
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Multi Family

  • Net Operating Income: 13059
  • GrossIncome: 16500
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Tax Info

  • Tax Annual Amount: 3440.82
  • Tax Year: 2019
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2021
Closed on
Jul 9, 2021
Sold by
Rood Ann M
Bought by
Harrison Paul
Seller's Agent
Mary Sagan
Century 21 New Heritage - Hampshire
Buyer's Agent
Terri Maynard
Bearrows Real Estate & Auction Co
List Price
$118,000
Sold Price
$109,500
Premium/Discount to List
-$8,500
-7.2%
Current Estimated Value
$170,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,797
Avg. Annual Appreciation
8.33%
Original Mortgage
$88,192
Outstanding Balance
$80,883
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$71,491

Purchase Details

Listed on
Dec 16, 2013
Closed on
Apr 28, 2016
Sold by
Sbeih Musa
Bought by
Rood Robert D and Rood Ann M
Seller's Agent
Jeff Reif
Hayden Real Estate, Inc.
Buyer's Agent
Deirdre Wille
Century 21 New Heritage - Hampshire
List Price
$109,900
Sold Price
$80,000
Premium/Discount to List
-$29,900
-27.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.21%
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
Harrison Paul $109,500 None Available
Rood Robert D $39,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harrison Paul $88,192
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2021 07/12/21 Sold $109,500 -7.2% --
06/27/2021 06/27/21 Pending -- -- --
06/06/2021 06/06/21 For Sale $118,000 +47.5% --
04/29/2016 04/29/16 Sold $80,000 -6.9% --
03/28/2016 03/28/16 Pending -- -- --
11/12/2015 11/12/15 Price Changed $85,900 -4.4% --
03/31/2015 03/31/15 Price Changed $89,900 -6.3% --
09/25/2014 09/25/14 Price Changed $95,900 -4.0% --
04/08/2014 04/08/14 Price Changed $99,900 -9.1% --
12/16/2013 12/16/13 For Sale $109,900 -- --
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 $4,066 $46,193 $11,037 $35,156
2023 $3,822 $43,231 $10,329 $32,902
2022 $3,832 $41,137 $9,829 $31,308
2021 $3,643 $38,002 $9,080 $28,922
2020 $3,505 $36,193 $8,648 $27,545
2019 $3,441 $35,570 $8,499 $27,071
2018 $3,357 $34,872 $8,332 $26,540
2017 $2,996 $31,556 $8,332 $23,224
2016 $2,972 $30,690 $8,103 $22,587
2015 $2,771 $28,950 $7,968 $20,982
2014 $2,870 $28,950 $7,968 $20,982
2013 $2,987 $30,349 $8,353 $21,996
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11113230

Midwest Real Estate Data (MRED)

APN: 24-24-326-001