$380,000
SOLD SEP 29, 2017

723 Sycamore St Highland, IL 62249

-- Bed
-- Bath
6,384 Sq Ft
0.5 Acres

Recently Sold

$60 Per Sq Ft

5% Below List Price

Highlights

  • 0.5 Acre Lot
  • Brick Veneer
  • Forced Air Heating and Cooling System
  • Attached Garage
  • Patio

About This Home

As of March 2024

LIST/SELL SAME DAY. PREMIUM CONSTRUCTION, LIKE NEW! SUPERBLY MAINTAINED. 4 UNITS, 2 CAR ATTACHED GARAGE ON EACH. AMPLE ADDITIONAL PARKING. LOW E WINDOWS, LOTS OF STORAGE. LARGE MASTER SUITES, ALL KITCHEN APPLIANCES INCLUDED. EASY ACCESS TO NEW HOSPITAL, SHOPPING, ROUTES 143,40,I70. LOW MAINTENANCE. QUIET UNITS. 30YR ROOF. RENTERS PAY UTILITIES. GROSS INCOME $48,000. INSURANCE $2434 FOR $600,000 COVERAGE. EACH UNIT APPROX 1640 SQ FT, 3 BEDROOMS, 2.5 BATHS, FAMILY ROOM, LAUNDRY AREA, VAULTED CEILINGS,.

Last Agent to Sell the Property

Lois Cremin

Equity Realty Group, LLC License #475128195 Listed on: 08/31/2017

Last Buyer's Agent

Lois Cremin

Equity Realty Group, LLC License #475128195 Listed on: 08/31/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,560

Year Built

  • 2005

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 102.06x189.81

Home Design

  • 6,384 Sq Ft Home
  • Quadruplex
  • Brick Veneer
  • Vinyl Siding

Parking

  • Attached Garage
  • Basement Garage
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Laundry in unit
  • Patio

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,560

Year Built

2005

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: BARRACUDA
  • Special Description: No Exemptions
  • Age: 11
  • Ownership: Private
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2005

Interior Features

  • Misc Features: Laundry Facl-Private, No Basement/Slab, Patio
  • Square Footage: 6384

Exterior Features

  • Construction: Brick Veneer Decrtv, Vinyl Siding

Garage/Parking

  • Parking: 1-2 Car Attached Grg, Basement/Tuck-Under, Off Street

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: Central-Electric
  • Heating: Forced Air

Schools

  • School District: Highland DIST 5
  • Elementary School: HIGHLAND DIST 5
  • Middle School: HIGHLAND DIST 5
  • High School: Highland

Lot Info

  • Lot Dimensions: 102.06X189.81
  • Lot Sq Ft: 21780
  • Acres: 0.5000

Rental Info

  • Tenancy Type: Leases, Month To Month
  • Tenant Pays: All Utilities

Multi Family

  • Gross Operating Income: 48000.00
  • Units: 1
  • Total Expenses: 13500.00
  • Type Of Units: 4-Family

Tax Info

  • Taxes Paid: 10944

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2024
Closed on
Mar 26, 2024
Sold by
Mbjp Enterprises Llc
Bought by
Landing Place Homes Llc
Seller's Agent
Lois Cremin
Equity Realty Group, LLC
Buyer's Agent
Kris Dempsey
Equity Realty Group, LLC
List Price
$600,000
Sold Price
$600,000
Total Days on Market
0
Views
5
Current Estimated Value
$570,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,636
Avg. Annual Appreciation
-4.24%
Original Mortgage
$450,000
Interest Rate
7%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 31, 2017
Closed on
Sep 29, 2017
Sold by
Sonny Day Townhomes Inc
Bought by
Mbjp Enterprises Llc
Seller's Agent
Lois Cremin
Equity Realty Group, LLC
Buyer's Agent
Lois Cremin
Equity Realty Group, LLC
List Price
$400,000
Sold Price
$380,000
Premium/Discount to List
-$20,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.28%
Original Mortgage
$304,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2004
Sold by
Emig Severin and Emig Julia A
Bought by
Sonny Day Townhomes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
5%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $600,000 Community Title Shiloh
Deed $390,000 Highland Community Title
Warranty Deed -- Abstracts & Titles Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $450,000 Commercial
Previous Owner $350,000 Commercial
Previous Owner $304,000 New Conventional
Previous Owner $50,000 Commercial
Previous Owner $460,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2024 04/01/24 Pending -- -- --
03/29/2024 03/29/24 Sold $600,000 0.0% $94 / Sq Ft
01/23/2024 01/23/24 For Sale $600,000 +57.9% $94 / Sq Ft
09/29/2017 09/29/17 Sold $380,000 -5.0% $60 / Sq Ft
08/31/2017 08/31/17 Pending -- -- --
08/31/2017 08/31/17 For Sale $400,000 -- $63 / Sq Ft
Source: MARIS MLS

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
2023 $12,560 $169,770 $12,940 $156,830
2022 $12,560 $156,790 $11,950 $144,840
2021 $11,497 $145,550 $11,090 $134,460
2020 $11,289 $140,050 $10,670 $129,380
2019 $10,968 $135,220 $10,300 $124,920
2018 $10,951 $128,330 $9,770 $118,560
2017 $10,863 $128,330 $9,770 $118,560
2016 $10,944 $128,330 $9,770 $118,560
2015 $12,233 $127,010 $9,670 $117,340
2014 $12,233 $127,010 $9,670 $117,340
2013 $12,233 $147,210 $9,670 $137,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS17070287

MARIS MLS

APN: 02-2-18-33-17-305-034