NOT LISTED FOR SALE

Estimated Value: $488,000 - $506,000

3 Beds
2 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold January 28, 2021

Last sale price $329,900

Est. 51% increase in value since last sale

Current estimated payment $3,392/month

11 Days on Market

Highlights

  • Property is near a park
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Ellsworth Elementary School Rated A+

About This Home

As of January 2021

Invest from Multiple Angles! This multi-unit is located on a stunning corner lot perfect for building in Quiet Downtown Naperville or holding as a desirable rental property. Could also easily be converted back to a quality single family home if so desired. Walkable to Train, Grocery and all that downtown has to offer!! Long Term Tenants in Place that are interested in staying although Lease agreement does contain kick out clause. Upstairs Unit's Rent is currently significantly below market value with solid potential for a great return on investment. Current owner also paved commuter parking spaces on property and had them rented out quarterly pre-covid.

Last Agent to Sell the Property

Kara Vienne

Baird & Warner License #475165750 Listed on: 11/23/2020

Baird & Warner

Last Buyer's Agent

Matthew Smith

john greene, Realtor License #475183683

john greene, Realtor

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,647

Year Built

  • 1890

Lot Details

  • 7,405

Parking

  • 2 Car Detached Garage
  • No Garage
  • Parking Space is Owned

Home Design

  • Shingle Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Schools

  • Ellsworth Elementary School
  • Washington Junior High School
  • Naperville North High School

Utilities

  • Forced Air Heating System
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • 7,405 Sq Ft Lot
  • Property is near a park

Community Details

  • 2 Units
  • Gross Income $27,460

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,647

Year Built

1890

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1890

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • List Price: 344900
  • Waterfront: No
  • Exterior Building Type: Shingle Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: None/NA
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Park, Curbs, Sidewalks, Street Lights

Schools

  • Elementary School: Ellsworth Elementary School
  • High School: Naperville North High School
  • Middle/Junior School: Washington Junior High School
  • Middle/Junior School District: 203

Lot Info

  • Lot Size Acres: 0.17
  • Lot Dimensions: 50 BY 150
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 10

Multi Family

  • GrossIncome: 27460
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 7646.66
  • Tax Year: 2019
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2020
Closed on
Jan 28, 2021
Sold by
Sommerfeld Brian L and Sommerfeld Nicole C
Bought by
Velez Felfle Sandra
Seller's Agent
Kara Vienne
Baird & Warner
Buyer's Agent
Matthew Smith
john greene, Realtor
List Price
$344,900
Sold Price
$329,900
Premium/Discount to List
-$15,000
-4.35%
Total Days on Market
11
Current Estimated Value
$496,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,858
Avg. Annual Appreciation
10.12%
Original Mortgage
$229,900
Outstanding Balance
$208,722
Interest Rate
2.65%
Mortgage Type
Seller Take Back
Estimated Equity
$292,602

Purchase Details

Listed on
Jan 16, 2016
Closed on
Apr 1, 2016
Sold by
Schlicher Laura R and Heger Ronald G
Bought by
Sommerfeld Brian E and Sommerfeld Nicole C
Seller's Agent
Robert Jones
Coldwell Banker Residential
Buyer's Agent
Theresa Mueller
Trelleum LLC
List Price
$349,900
Sold Price
$325,000
Premium/Discount to List
-$24,900
-7.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.31%
Original Mortgage
$247,500
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 19, 2003
Sold by
Anderson Christian P and Anderson Jamie L
Bought by
Heger Ronald G and Schlicher Laura R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 1993
Sold by
Kester Harold C and Anderson Christian P
Bought by
Anderson Christian P and Anderson Jamie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Velez Felfle Sandra $330,000 Chicago Title
Sommerfeld Brian E $325,000 First American Title Ins Co
Heger Ronald G $320,000 First American Title
Anderson Christian P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velez Felfle Sandra $229,900
Previous Owner Sommerfeld Brian E $247,500
Previous Owner Schlicher Laura R $141,000
Previous Owner Schlicher Laura R $156,000
Previous Owner Heger Ronald G $155,000
Previous Owner Anderson Christian P $73,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2021 01/28/21 Sold $329,900 -4.3% --
12/04/2020 12/04/20 Pending -- -- --
11/23/2020 11/23/20 For Sale $344,900 +6.1% --
04/01/2016 04/01/16 Sold $325,000 -7.1% --
01/29/2016 01/29/16 Pending -- -- --
01/16/2016 01/16/16 For Sale $349,900 -- --
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
2023 $9,070 $139,590 $100,790 $38,800
2022 $8,604 $132,940 $95,990 $36,950
2021 $8,303 $127,910 $92,360 $35,550
2020 $8,132 $125,610 $90,700 $34,910
2019 $7,910 $120,180 $86,780 $33,400
2018 $7,647 $116,140 $83,860 $32,280
2017 $7,504 $112,220 $81,030 $31,190
2016 $6,958 $108,160 $78,100 $30,060
2015 $6,910 $101,860 $73,550 $28,310
2014 $7,135 $101,860 $73,550 $28,310
2013 $7,028 $102,110 $73,730 $28,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10939671

Midwest Real Estate Data (MRED)

APN: 08-18-105-001