Seller's Agent in 2023
Alison Rosenow
American Realty Illinois LLC
(815) 762-5226
31 in this area
141 Total Sales
722 Prospect St Dekalb, IL 60115
Estimated Value: $130,000 - $219,000
2
Beds
2
Baths
--
Sq Ft
5,227
Sq Ft Lot
Highlights
- Balcony
- Paved or Partially Paved Lot
- 2-minute walk to Hallgren Park
- Enclosed Patio or Porch
About This Home
As of November 2023Introducing a fantastic real estate opportunity just blocks away from the newly revived downtown Dekalb and Northern Illinois University. This charming corner lot property features two units, each offering 1 bedroom and 1 bathroom. Perfect for savvy investors or those seeking a flexible living arrangement, this property presents a multitude of possibilities. Imagine the convenience of living in one unit while renting out the other, allowing you to maximize your investment potential. With separate entrances and self-contained living spaces, privacy and independence are assured for both units.The prime location ensures easy access to the vibrant downtown area, where you'll find an array of shops, restaurants, and entertainment options. Additionally, being in close proximity to Hallgren Park, Northern Illinois University offers a significant advantage for potential tenants or residents seeking a bustling college-town atmosphere.Whether you're looking to expand your investment portfolio or explore the option of shared living with rental income, this 2-unit property on a corner lot is an excellent opportunity. Don't miss out on the potential and versatility that this property has to offer. Act now and unlock the exciting possibilities it holds! Cash or Conventional Loans only, Property Sold "As-Is".
Last Agent to Sell the Property
American Realty Illinois LLC License #471001608 Listed on: 07/07/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,858
Year Built
- Built in 1930
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 78x66
- Paved or Partially Paved Lot
- Level Lot
Home Design
- Block Foundation
- Asphalt Roof
- Slate
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Bathrooms
Parking
- 2 Parking Spaces
- Uncovered Parking
- Off Alley Parking
- Parking Included in Price
- Unassigned Parking
Outdoor Features
- Balcony
- Enclosed Patio or Porch
Additional Features
- Partial Basement
- Heating System Uses Natural Gas
Community Details
Overview
- 2 Units
Building Details
- Gross Income $18,000
- Net Operating Income $14,142
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 7, 2023
Closed on
Oct 31, 2023
Sold by
Stewart Amanda
Bought by
Guerrero Dev Llc
Seller's Agent
Alison Rosenow
American Realty Illinois LLC
Buyer's Agent
Maribel Lopez
Keller Williams Infinity
List Price
$149,900
Sold Price
$125,900
Premium/Discount to List
-$24,000
-16.01%
Views
68
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,453
Avg. Annual Appreciation
12.70%
Original Mortgage
$100,720
Interest Rate
7.44%
Mortgage Type
Credit Line Revolving
Purchase Details
Listed on
Oct 13, 2021
Closed on
Feb 8, 2022
Sold by
Duff Properties Llc
Bought by
Stewart Amanda
Seller's Agent
Dean Goodenough
Adolph Miller Real Estate
Buyer's Agent
Carrie Ottum
Weichert REALTORS Signature Professionals
List Price
$130,000
Sold Price
$112,500
Premium/Discount to List
-$17,500
-13.46%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.72%
Original Mortgage
$78,750
Interest Rate
3.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 1, 2013
Sold by
Mcbride Mary Ann
Bought by
Duff Properties Llc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Guerrero Dev Llc | $126,000 | None Listed On Document | |
| Stewart Amanda | $112,500 | Doherty Law Firm | |
| Duff Properties Llc | $65,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Guerrero Dev Llc | $100,720 | |
| Previous Owner | Stewart Amanda | $78,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/02/2023 11/02/23 | Sold | $125,900 | -16.0% | -- | |
| 08/21/2023 08/21/23 | Pending | -- | -- | -- | |
| 08/11/2023 08/11/23 | Price Changed | $149,900 | 0.0% | -- | |
| 08/11/2023 08/11/23 | For Sale | $149,900 | -9.2% | -- | |
| 07/28/2023 07/28/23 | Pending | -- | -- | -- | |
| 07/07/2023 07/07/23 | For Sale | $165,000 | +46.7% | -- | |
| 02/09/2022 02/09/22 | Sold | $112,500 | -13.5% | -- | View Prior Sale |
| 12/18/2021 12/18/21 | Pending | -- | -- | -- | |
| 10/13/2021 10/13/21 | For Sale | $130,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
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 | $3,660 | $44,595 | $8,572 | $36,023 |
| 2023 | $3,660 | $38,883 | $7,474 | $31,409 |
| 2022 | $3,588 | $35,500 | $8,530 | $26,970 |
| 2021 | $3,684 | $33,295 | $8,000 | $25,295 |
| 2020 | $3,768 | $32,764 | $7,872 | $24,892 |
| 2019 | $3,694 | $31,477 | $7,563 | $23,914 |
| 2018 | $3,607 | $30,410 | $7,307 | $23,103 |
| 2017 | $3,641 | $29,232 | $7,024 | $22,208 |
| 2016 | $3,601 | $28,494 | $6,847 | $21,647 |
| 2015 | -- | $26,999 | $6,488 | $20,511 |
| 2014 | -- | $27,346 | $9,387 | $17,959 |
| 2013 | -- | $28,725 | $9,860 | $18,865 |
Source: Public Records
Agents Affiliated with this Home
-
Alison Rosenow
-
Kasey Zeimet
Seller Co-Listing Agent in 2023
Kasey Zeimet
American Realty Illinois LLC
(630) 688-5297
21 in this area
108 Total Sales
-
Maribel Lopez
Buyer's Agent in 2023
Maribel Lopez
Keller Williams Infinity
(630) 888-2113
4 in this area
400 Total Sales
-
Dean Goodenough
Seller's Agent in 2022
Dean Goodenough
Adolph Miller Real Estate
(630) 254-0000
8 in this area
11 Total Sales
-
Paul Miller
Seller Co-Listing Agent in 2022
Paul Miller
Adolph Miller Real Estate
(815) 756-7845
30 in this area
44 Total Sales
-
Carrie Ottum
Buyer's Agent in 2022
Carrie Ottum
Weichert REALTORS Signature Professionals
(815) 739-1275
42 in this area
87 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11825831
APN: 08-23-380-007
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
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