NOT LISTED FOR SALE

Estimated Value: $195,000 - $244,000

4 Beds
2 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold September 18, 2024

Last sale price $220,000

Est. 2% increase in value since last sale

Current estimated payment $1,466/month

14 Days on Market

About This Home

As of September 2024

Fantastic investment opportunity for seasoned investors aiming to boost their cash flow or for first-time buyers interested in house-hacking! This property is ideally located near schools, grocery stores, gas stations, the police department, downtown Joliet, and easy access to I-80. Tenants are responsible for electric & gas.

Last Agent to Sell the Property

Sandy Ortiz-Ramirez

Better Homes and Gardens License #475163090 Listed on: 07/11/2024

Better Homes and Gardens

Co-Listed By

Andrea Rios

Realty of America, LLC License #475207261

Last Buyer's Agent

Roberta Butnoriute

john greene, Realtor License #475190499

john greene, Realtor

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,165

Year Built

  • Built in 1910

Lot Details

  • 4,792

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 6 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Parking Space is Owned

Schools

  • Edna Keith Elementary School
  • Washington Junior High School
  • Joliet Central High School

Additional Features

  • Partial Basement
  • Lot Dimensions are 48x71
  • Forced Air Heating System

Community Details

  • 2 Units
  • Gross Income $24,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,165

Year Built

Built in 1910

Lot Details

0

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
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 6
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Water Source: Public

Schools

  • Elementary School: Edna Keith Elementary School
  • High School: Joliet Central High School
  • Middle/Junior School: Washington Junior High School

Lot Info

  • Lot Dimensions: 48X71
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • GrossIncome: 24300
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 3165
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2024
Closed on
Sep 18, 2024
Sold by
Home Building Development Llc
Bought by
Alvarez Felipe and Vrselj Dino
Seller's Agent
Sandy Ortiz-Ramirez
Better Homes and Gardens
Buyer's Agent
Roberta Butnoriute
john greene, Realtor
List Price
$219,000
Sold Price
$220,000
Premium/Discount to List
$1,000
0.46%
Views
50
Current Estimated Value
$223,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,467
Avg. Annual Appreciation
1.21%
Original Mortgage
$216,015
Outstanding Balance
$213,713
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
$9,754

Purchase Details

Listed on
Oct 29, 2019
Closed on
Nov 30, 2019
Sold by
Baran Joanne J
Bought by
Home & Building Development Llc
Seller's Agent
Christine Baran
Crosstown Realtors, Inc.
Buyer's Agent
Ricardo Del Toro
Marquette Properties, Inc
List Price
$119,900
Sold Price
$111,500
Premium/Discount to List
-$8,400
-7.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.24%
Original Mortgage
$78,050
Interest Rate
5.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 31, 2004
Sold by
Wood Brenda and Wood Michael
Bought by
Baran Joanne J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 1997
Sold by
Fox Harry R
Bought by
Wood Michael and Wood Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,857
Interest Rate
7.57%
Mortgage Type
FHA
Source: Public Records
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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
Alvarez Felipe $220,000 Chicago Title
Home & Building Development Llc $111,500 Fidelity National Title Ins
Baran Joanne J $90,000 --
Wood Michael $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Felipe $216,015
Previous Owner Home & Building Development Llc $78,050
Previous Owner Baran Joanne J $72,000
Previous Owner Wood Michael $54,857
Closed Baran Joanne J $13,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/18/2024 09/18/24 Sold $220,000 +0.5% --
07/26/2024 07/26/24 Pending -- -- --
07/11/2024 07/11/24 For Sale $219,000 +96.4% --
12/06/2019 12/06/19 Sold $111,500 -7.0% -- View Prior Sale
11/12/2019 11/12/19 Pending -- -- --
10/29/2019 10/29/19 For Sale $119,900 -- --
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 $3,572 $42,647 $6,805 $35,842
2023 $3,572 $37,891 $6,046 $31,845
2022 $3,380 $34,275 $5,469 $28,806
2021 $3,008 $32,012 $5,108 $26,904
2020 $2,854 $30,401 $4,851 $25,550
2019 $2,715 $28,253 $4,508 $23,745
2018 $2,601 $26,107 $4,166 $21,941
2017 $2,452 $23,736 $3,788 $19,948
2016 $2,419 $22,503 $3,466 $19,037
2015 $2,332 $21,100 $3,250 $17,850
2014 $2,332 $21,000 $3,250 $17,750
2013 $2,332 $22,892 $3,586 $19,306
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12108549

Midwest Real Estate Data (MRED)

APN: 30-07-15-328-027