NOT LISTED FOR SALE

Estimated Value: $234,000 - $319,000

4 Beds
2 Baths
-- Sq Ft
6,534 Sq Ft Lot

Last Sold December 17, 2021

Last sale price $225,000

Est. 23% increase in value since last sale

Current estimated payment $1,864/month

59 Days on Market

About This Home

As of December 2021

EXCELLENT well producing 2 flat investment for sale in West Joliet! 1st FLOOR UNIT unit offers - 2 bedrooms, living room and family room (family room can be converted into a 3rd bedroom), huge kitchen and a sunroom, full-size laundry room with washer and dryer and 1 bath. 2nd FLOOR UNIT features 2 bedrooms, large living room, nice kitchen, full bath, laundry room, and huge foyer. Plenty of onsite parking! MANY BIG UPDATES in the last 7 years: Furnace upstairs, boiler for the 1st unit, both water heaters. A fully occupied building brings 23k a year! All utilities are separate. The property passed City of Joliet Inspection and holds a 4-year Certificate through 5/9/2023. Copy of the certificate is available upon request. Great solid building! Live in one unit and rent the other, or buy as an investment!

Last Agent to Sell the Property

Irina Allison

Apex Real Estate Brokerage Inc License #471004840 Listed on: 08/31/2021

Last Buyer's Agent

Daniel Stewart

Coldwell Banker Realty License #475162738

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,493

Year Built

  • Built in 1910

Lot Details

  • 6,534

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 6 Parking Spaces
  • Uncovered Parking
  • Unassigned Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 45x145

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,493

Year Built

Built in 1910

Lot Details

0

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,Commuter Bus,Commuter Train,Interstate Access
  • 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: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Unassigned
  • ParkingTotal: 6
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

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

Lot Info

  • Lot Dimensions: 45X145
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 4493.12
  • Tax Year: 2020
  • 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
Aug 31, 2021
Closed on
Dec 13, 2021
Sold by
Ochoa Juan Carlos
Bought by
Tanis Stephen
Seller's Agent
Irina Allison
Apex Real Estate Brokerage Inc
Buyer's Agent
Daniel Stewart
Coldwell Banker Realty
Sold Price
$225,000
Current Estimated Value
$277,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,417
Avg. Annual Appreciation
5.27%
Original Mortgage
$220,924
Outstanding Balance
$203,246
Interest Rate
3.13%
Mortgage Type
FHA
Estimated Equity
$74,171

Purchase Details

Listed on
Oct 17, 2018
Closed on
Dec 11, 2018
Sold by
Joachum Frank
Bought by
Ochoa Juan Carlos
Seller's Agent
Irina Allison
Apex Real Estate Brokerage Inc
Buyer's Agent
Araceli Chavez
Karges Realty
List Price
$159,900
Sold Price
$164,000
Premium/Discount to List
$4,100
2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.04%
Original Mortgage
$123,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2002
Sold by
Household Finance Corp Iii
Bought by
Joachim Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.87%

Purchase Details

Closed on
Mar 1, 2002
Sold by
Stevenson Karin Dagmar
Bought by
Household Finance Corp Iii
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Tanis Stephen $225,000 Old Republic Title
Ochoa Juan Carlos $164,000 Fidelity National Title Ins
Joachim Frank $95,000 Premier Title
Household Finance Corp Iii $500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tanis Stephen $220,924
Previous Owner Ochoa Juan Carlos $123,000
Previous Owner Joachim Frank $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/17/2021 12/17/21 Sold $225,000 -2.1% --
10/30/2021 10/30/21 Pending -- -- --
09/30/2021 09/30/21 For Sale -- -- --
09/17/2021 09/17/21 Pending -- -- --
08/31/2021 08/31/21 For Sale $229,900 +40.2% --
12/11/2018 12/11/18 Sold $164,000 +2.6% -- View Prior Sale
10/26/2018 10/26/18 Pending -- -- --
10/17/2018 10/17/18 For Sale $159,900 -- --
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 $4,953 $67,132 $16,929 $50,203
2023 $4,953 $59,646 $15,041 $44,605
2022 $4,429 $53,954 $13,606 $40,348
2021 $4,736 $50,392 $12,708 $37,684
2020 $4,493 $47,855 $12,068 $35,787
2019 $4,274 $44,475 $11,216 $33,259
2018 $3,868 $38,821 $10,364 $28,457
2017 $3,646 $35,295 $9,423 $25,872
2016 $3,490 $32,475 $8,639 $23,836
2015 -- $30,450 $8,100 $22,350
2014 -- $30,300 $8,050 $22,250
2013 -- $32,374 $8,941 $23,433
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11205173

Midwest Real Estate Data (MRED)

APN: 30-07-04-417-025