NOT LISTED FOR SALE

Estimated Value: $254,000 - $589,000

5 Beds
5 Baths
-- Sq Ft
0.27 Acres

Last Sold July 11, 2022

Last sale price $550,000

Est. 20% decrease in value since last sale

Current estimated payment $2,928/month

4 Days on Market

About This Home

As of July 2022

A fantastic investment opportunity in St. Charles located within the highly rated St Charles/303 school district and just a few short blocks to the river. This is one of three buildings and 3 vacant lots that are being sold as a package deal for $475,000 for all properties. This building has 5 one bedroom/one bath units. The other buildings being sold are located at 7N035 Watseka (5 unit) and 7N045 Watseka (2 unit). Also being sold with this package are 3 vacant lots (PINS: 09-02-451-027, 09-02-452-001 and 09-02-452-005)

Last Agent to Sell the Property

Ruta Baran

@properties Christie's International Real Estate License #475128472 Listed on: 04/24/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,602

Year Built

  • Built in 1947

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 95x119x95x119
  • Additional Parcels

Parking

  • 6 to 12 Parking Spaces

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Additional Features

  • 2-Story Property
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $2,451
  • Insurance Expense $3,218
  • Maintenance Expense $5,000
  • Trash Expense $1,901
  • Operating Expense $37,791
  • Gross Income $84,600
  • Net Operating Income $46,809

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,602

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 2
  • Year Built: 1947
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 5
  • Total Bedrooms: 5
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • List Price: 475000

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Heat/Ventilation: Gas

Condo/Co-op/Association

  • Unincorporated (Y/N): Yes

Fee Information

  • Trash Expense: 1901
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.27
  • Lot Dimensions: 95X119X95X119
  • Zoning: OTHER

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 10
  • Tenancy Type: Other

Multi Family

  • Net Operating Income: 46809
  • Insurance Expense: 3218
  • ElectricExpense: 2451
  • GrossIncome: 84600
  • Maintenance Expense: 5000
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 37791
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 5602.2
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2022
Closed on
Jun 1, 2022
Sold by
Chicago Title Land Trust Co 2640
Bought by
Watseka Ave Apts Llc
Seller's Agent
Ruta Baran
@properties Christie's International Real Estate
Buyer's Agent
Non Member
NON MEMBER
List Price
$475,000
Sold Price
$550,000
Premium/Discount to List
$75,000
15.79%
Current Estimated Value
$440,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$109,110
Avg. Annual Appreciation
-9.37%

Purchase Details

Closed on
Dec 22, 2003
Sold by
Jones Robert
Bought by
Villa Park Trust & Savings Bank and Trust #2640
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Watseka Ave Apts Llc $173,500 Chicago Title
Villa Park Trust & Savings Bank $80,000 Fox Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2022 07/11/22 Sold $550,000 0.0% --
05/11/2022 05/11/22 Off Market $550,000 -- --
04/30/2022 04/30/22 Pending -- -- --
04/25/2022 04/25/22 For Sale $475,000 -- --
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 $6,165 $87,082 $24,206 $62,876
2023 $5,907 $77,940 $21,665 $56,275
2022 $5,965 $77,981 $23,980 $54,001
2021 $5,636 $74,332 $22,858 $51,474
2020 $5,603 $72,946 $22,432 $50,514
2019 $5,507 $71,502 $21,988 $49,514
2018 $5,211 $67,514 $21,151 $46,363
2017 $4,936 $63,285 $20,428 $42,857
2016 $5,110 $59,951 $19,711 $40,240
2015 -- $54,590 $19,498 $35,092
2014 -- $58,256 $19,498 $38,758
2013 -- $56,788 $19,693 $37,095
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11384306

Midwest Real Estate Data (MRED)

APN: 09-02-452-020