NOT LISTED FOR SALE

731 Double Jack St Bourbonnais, IL 60914

12 Beds
6 Baths
-- Sq Ft
0.61 Acres

Last Sold December 07, 2020

Last sale price $475,000

49 Days on Market

About This Home

As of December 2020

Great opportunity! This well maintained 6 unit building is fully leased and located close to I-57 Interstate. This is the largest lot in the area to give tenants nice space from neighbors and a lot of green space. Ideal rental that the owner is able to find great tenants in just a couple of days when there is a turnover. Tenants appreciate that there is a private drive that leads to their 2 car ATTACHED garage. Each tenant has their own entry door to their 2 bedroom 1.5 bath units. Each unit includes dishwasher, range, refrigerator, and a washing machine, & dryer in each unit. All units show well. Please call for your private tour.

Last Agent to Sell the Property

Lisa Sanford

Berkshire Hathaway HomeServices Speckman Realty License #471002971 Listed on: 08/27/2020

Berkshire Hathaway HomeServices Speckman Realty

Last Buyer's Agent

Lisa Sanford

Berkshire Hathaway HomeServices Speckman Realty License #471002971 Listed on: 08/27/2020

Berkshire Hathaway HomeServices Speckman Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1995

Lot Details

  • 0.61

Home Design

  • Vinyl Siding

Utilities

  • Central Air

Community Details

  • Insurance Expense $2,374

Listing and Financial Details

  • Tenant pays for air conditioning, electric, heat, water/sewer

Property Details

Home Type

Multi-Family

Year Built

1995

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Current Use: Residential-Multi-Family
  • Potential Use: Residential-Multi-Family
  • Zoning Type: MULTI
  • Estimated Age: 16-25 Years
  • Net Oper Income: 45793
  • Outdoor Parking: 6-12 Spaces
  • Roof Coverings: Shingle Composition
  • Scavenger Expense: 660
  • Total Annual Exp: 17807
  • Total Annual Income: 63600
  • Total Monthly Income: 5300
  • Number Of Disposals: 6
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Stories: 2
  • Estimated Year Built: 1995
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1995

Exterior Features

  • Exterior Building Type: Vinyl Siding
  • Acreage: 0.61

Garage/Parking

  • Indoor Parking: 6-12 Spaces
  • Number Of Parking Spaces: 12

Utilities

  • Air Conditioner: Central Air
  • Heatventilation: Forced Air, Gas

Condo/Co-op/Association

  • Units in Building: 6

Lot Info

  • Lot Dimensions: 136'X198'
  • Parcel Identification Number: 17091620203200

Rental Info

  • Gross Rental Income: 63600
  • Tenant Pays: Air Conditioning, Electric, Heat, Water/Sewer

Multi Family

  • Insurance Expense: 2374
  • Number Of Dishwashers: 6
  • Number Of Dryers: 6
  • Number Of Washers: 6

Tax Info

  • Taxes: 14773

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2020 12/07/20 Sold $475,000 -5.0% --
10/15/2020 10/15/20 Pending -- -- --
08/27/2020 08/27/20 For Sale $499,900 -- --
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 $14,409 $190,031 $24,501 $165,530
2023 $13,936 $174,983 $24,501 $150,482
2022 $13,848 $164,984 $24,501 $140,483
2021 $14,184 $164,984 $24,501 $140,483
2020 $13,926 $164,984 $24,501 $140,483
2019 $14,774 $164,984 $24,501 $140,483
2018 $14,876 $164,984 $24,501 $140,483
2017 $15,181 $164,984 $24,501 $140,483
2016 $15,104 $164,984 $24,501 $140,483
2015 $15,205 $164,984 $24,501 $140,483
2014 $14,734 $164,984 $24,501 $140,483
2013 -- $164,984 $24,501 $140,483
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10837737

Midwest Real Estate Data (MRED)