NOT LISTED FOR SALE

723 E Illinois Ave Morris, IL 60450

Estimated Value: $342,799 - $389,000

8 Beds
3 Baths
-- Sq Ft
0.28 Acre Lot

Sale Details

Date Sold: February 6, 2018

Last sale price $222,500

Est. 63% increase in value since last sale

Current estimated payment $2,523 / mo

105 Days on Market

Highlights

  • Waterfront
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Screened Porch
  • Patio
  • Heating System Uses Steam

About This Home

As of February 2018

Great investment opportunity! You can own this 3 unit on the I & M canal! Take advantage of this rare opportunity in the Morris area! The 2 car garage rents out for $125... fenced yard and cabin have been used by the main floor 3 bed room unit. Maintenance free siding and newer windows! Upstairs unit has washer and dryer and central air. Washer and Dryer in the basement as well. Some newer carpet & paint in up and down unit. Main floor 2 br is mo/mo. Walk to shopping... in a residential area. All dimensions are approximate.

Last Agent to Sell the Property

Erin Stuedemann

Coldwell Banker Real Estate Group License #475141525 Listed on: 09/13/2017

Coldwell Banker Real Estate Group

Last Buyer's Agent

Julie McElyea

RE/MAX Hometown Properties License #471018716

RE/MAX Hometown Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,356

Year Built

  • Built in 1900 | Remodeled in 2015

Lot Details

  • Lot Dimensions are 81x165x84x142
  • Waterfront

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Vinyl Siding

Interior Spaces

  • Screened Porch
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,356

Year Built

Built in 1900 | Remodeled in 2015

Lot Details

0.28 Acres

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2015
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2015

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 8
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer

Exterior Features

  • ExteriorFeatures: Patio, Porch Screened
  • Waterfront: Yes
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Lot Info

  • Lot Dimensions: 81X165X84X142
  • Zoning: MULTI
  • Lot Size: .50-.99 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 17

Tax Info

  • Tax Annual Amount: 4355.76
  • Tax Year: 2016
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2017
Closed on
Jan 30, 2018
Sold by
Bought by
Seller's Agent
Erin Stuedemann
Coldwell Banker Real Estate Group
Buyer's Agent
Julie McElyea
RE/MAX Hometown Properties
List Price
$230,000
Sold Price
$222,500
Premium/Discount to List
-$7,500
-3.26%
Current Estimated Value
$362,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,950
Avg. Annual Appreciation
5.98%
Original Mortgage
$166,875
Outstanding Balance
$140,746
Interest Rate
4.63%
Mortgage Type
New Conventional
Estimated Equity
$221,704
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$222,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $166,875
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/06/2018 02/06/18 Sold $222,500 -3.3% --
12/27/2017 12/27/17 Pending -- -- --
09/13/2017 09/13/17 For Sale $230,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,784 $86,684 $18,209 $68,475
2023 $6,389 $81,639 $17,149 $64,490
2022 $5,893 $75,299 $15,817 $59,482
2021 $5,652 $71,211 $14,958 $56,253
2020 $5,588 $69,393 $14,576 $54,817
2019 $5,267 $65,775 $13,816 $51,959
2018 $5,186 $64,499 $13,548 $50,951
2017 $4,401 $61,108 $12,836 $48,272
2016 $4,356 $60,629 $12,735 $47,894
2015 $4,061 $58,202 $12,225 $45,977
2014 $3,947 $56,683 $11,906 $44,777
2013 $4,030 $58,940 $12,380 $46,560
Source: Public Records

Agents Affiliated with this Home

  • Erin Stuedemann

    Seller's Agent in 2018

    Erin Stuedemann

    Coldwell Banker Real Estate Group

    (815) 343-7091

    120 Total Sales

    Erin Stuedemann
    Section Image
  • Julie McElyea

    Buyer's Agent in 2018

    Julie McElyea

    RE/MAX

    (815) 474-2244

    118 Total Sales

    Julie McElyea
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09750278

Midwest Real Estate Data (MRED)

APN: 05-10-128-004

Illinois Grundy County Morris 60450

723 E Illinois Ave, Morris, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) 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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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