NOT LISTED FOR SALE

723 N 7th St Rochelle, IL 61068

Estimated Value: $202,000 - $396,000

8 Beds
4 Baths
-- Sq Ft
0.26 Acres

Last Sold March 31, 2015

Last sale price $161,000

Est. 69% increase in value since last sale

Current estimated payment $2,001/month

13 Days on Market

About This Home

As of March 2015

Very well kept property that consists of (4) 2 bedroom units with laundry hook ups in each unit. (2) 2 unit ranch building on one parcel.

Last Agent to Sell the Property

Jeff Reif

Hayden Real Estate, Inc. License #475103245 Listed on: 02/12/2015

Last Buyer's Agent

John Bearrows

Bearrows Real Estate & Auction Co License #471014183

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,040

Year Built

  • Built in 1955

Lot Details

  • 0.26

Home Design

  • Ranch Style House
  • Frame Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Crawl Space
  • Lot Dimensions are 90' x 123.75'

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,040

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Year Built: 1955
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • Room: 4

Exterior Features

  • List Price: 169900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

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

Schools

  • Middle/Junior School District: 231

Lot Info

  • Lot Dimensions: 90' X 123.75'
  • Zoning: SINGL
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19
  • TenantPays: All

Tax Info

  • Tax Annual Amount: 5039.86
  • Tax Year: 2013
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 1 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2013
Sold by
Detig Nancy A
Bought by
Detig Nancy A
Current Estimated Value
$272,894
Source: Public Records

Range of Values:

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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
Detig Nancy A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sawlasville David W $161,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2015 03/31/15 Sold $161,000 -5.2% --
02/25/2015 02/25/15 Pending -- -- --
02/12/2015 02/12/15 For Sale $169,900 -- --
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 $6,197 $70,409 $13,169 $57,240
2023 $5,825 $65,895 $12,325 $53,570
2022 $5,840 $62,703 $11,728 $50,975
2021 $5,553 $57,924 $10,834 $47,090
2020 $5,343 $55,166 $10,318 $44,848
2019 $5,245 $54,218 $10,141 $44,077
2018 $5,117 $53,155 $9,942 $43,213
2017 $5,046 $53,155 $9,942 $43,213
2016 $5,006 $51,697 $9,669 $42,028
2015 $4,866 $50,832 $9,507 $41,325
2014 $5,040 $50,832 $9,507 $41,325
2013 $5,245 $53,288 $9,966 $43,322
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08837273

Midwest Real Estate Data (MRED)

APN: 24-24-184-001