NOT LISTED FOR SALE

747 Fremont Ave Morris, IL 60450

Estimated Value: $248,000 - $273,000

3 Beds
3 Baths
-- Sq Ft
0.92 Acres

Last Sold August 04, 2023

Last sale price $210,000

Est. 23% increase in value since last sale

Current estimated payment $1,946/month

3 Days on Market

Highlights

  • Water Views
  • Creek On Lot
  • Screened Porch
  • Property is near forest
  • Wooded Lot
  • 2.5 Car Detached Garage

About This Home

As of August 2023

The most sought after street in town is home to this older two unit building. First floor consists of living room, dining room, kitchen, two bedrooms, bath & a half, enclosed front porch, enclosed back porch, partial basement with laundry and a 2.5 car detached garage. This unit is presently not rented as it was owner occupied. With a little sprucing up rent could be anything from $1,200-$1,400. The upstairs unit consists of living room, dining room, kitchen, one bedroom, one bath and has been rented by the same tenant in excess of ten years. Current rent of $500 is well below market. The huge 140x286 foot lot backs up to Gebhard Woods State Park. The rear of the lot is nicely wooded and there is a creek beyond. Possibilities could be to rent the property and at a later date build your dream home with exceptional views. Properties on Fremont Ave bordering the state park do not become available often. Now is your chance to invest in your future!

Last Agent to Sell the Property

Steve Barr

Advantage Realty, Inc. License #475098445 Listed on: 06/26/2023

Last Buyer's Agent

Michael O'Donnell

WEB VIDEO Realty License #471009539

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,206

Year Built

  • Built in 1910

Lot Details

  • 0.92 Acre Lot
  • Lot Dimensions are 140x286
  • Adjoins Government Land
  • Sloped Lot
  • Wooded Lot
  • Backs to Trees or Woods

Parking

  • 2.5 Car Detached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Block Foundation
  • Stone Foundation
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • Screened Porch
  • Water Views
  • Partially Finished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 3 Bathrooms

Schools

  • Morris Grade Elementary And Middle School
  • Morris Community High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Creek On Lot
  • Property is near forest

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,206

Year Built

Built in 1910

Lot Details

0

Parking

2

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: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Room Type: Enclosed Porch
  • Basement Description: Partially Finished,Unfinished
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Porch, Porch Screened
  • Foundation Details: Block, Stone
  • Lot Features: Forest Preserve Adjacent, Water View, Wooded, Backs to Trees/Woods, Creek, Adjoins Government Land, Sidewalks, Streetlights, Sloped
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2.5
  • ParkingTotal: 2.5
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Schools

  • Elementary School: Morris Grade School
  • High School: Morris Community High School
  • Middle/Junior School: Morris Grade School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.92
  • Lot Dimensions: 140X286
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 6206.18
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2023
Closed on
Aug 4, 2023
Sold by
Kinder Robert
Bought by
Martinez Christopher L
Seller's Agent
Steve Barr
Advantage Realty, Inc.
Buyer's Agent
Michael O'Donnell
WEB VIDEO Realty
List Price
$185,000
Sold Price
$210,000
Premium/Discount to List
$25,000
13.51%
Views
140
Current Estimated Value
$258,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,506
Avg. Annual Appreciation
8.97%
Original Mortgage
$202,991
Outstanding Balance
$198,244
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$60,262
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Martinez Christopher L $210,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Christopher L $202,991
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2023 08/04/23 Sold $210,000 +13.5% --
06/30/2023 06/30/23 Pending -- -- --
06/26/2023 06/26/23 For Sale $185,000 -- --
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 $7,145 $91,290 $34,167 $57,123
2023 $6,729 $85,976 $32,178 $53,798
2022 $6,206 $79,299 $29,679 $49,620
2021 $5,952 $74,994 $28,068 $46,926
2020 $5,885 $73,079 $27,351 $45,728
2019 $5,547 $69,269 $25,925 $43,344
2018 $5,461 $67,925 $25,422 $42,503
2017 $5,139 $64,353 $24,085 $40,268
2016 $5,091 $63,848 $23,896 $39,952
2015 $4,775 $61,292 $22,939 $38,353
2014 $4,648 $59,692 $22,340 $37,352
2013 $2,363 $62,070 $23,230 $38,840
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11816883

Midwest Real Estate Data (MRED)

APN: 05-04-379-010