NOT LISTED FOR SALE

815 Chicago St Belvidere, IL 61008

Estimated Value: $196,987 - $256,000

6 Beds
3 Baths
3,059 Sq Ft
$73/Sq Ft Est. Value

Last Sold June 01, 2020

Last sale price $135,000 $44 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,578/month

7 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • 2-minute walk to Big Thunder Park
  • Enclosed Patio or Porch

About This Home

As of June 2020

Great money maker. 3 units with the 3rd unit left open for showings. New paint, ceilings, kitchen and bathroom and this unit has laundry facility. 2 bedroom upstairs with long term tenant that's nice and clean. 1 bedroom main floor unit has newer flooring and paint throughout with a nice clean tenant there as well. Rent on the 3 unit was $700 but with the remodel, rent should be $850. All furnaces are newer as is water heaters. Large yard and separate parking for each unit.

Last Agent to Sell the Property

Angie Wait

Keller Williams Realty Signature License #475148472 Listed on: 04/24/2020

Keller Williams Realty Signature

Last Buyer's Agent

Angie Wait

Keller Williams Realty Signature License #475148472 Listed on: 04/24/2020

Keller Williams Realty Signature

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,535

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66.00x66.00x132.00x132.00

Home Design

  • Traditional Architecture
  • Stone Foundation
  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Parking

  • 6 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Parking Included in Price
  • Assigned Parking

Schools

  • Lincoln Elementary School
  • Belvidere Central Middle School
  • Belvidere North High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Enclosed Patio or Porch

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $1,224
  • Manager Expense $600
  • Trash Expense $723
  • Water Sewer Expense $849
  • Gross Income $22,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,535

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Room Type: Enclosed Porch
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Porch
  • Foundation Details: Stone
  • List Price: 135000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Assigned, Driveway
  • ParkingTotal: 6
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Manager Expense: 600

Fee Information

  • Trash Expense: 723
  • Water Sewer Expenses: 849
  • Trash Expense Year: 723

Schools

  • Elementary School: Lincoln Elementary School
  • High School: Belvidere North High School
  • Middle/Junior School: Belvidere Central Middle School
  • Middle/Junior School District: 100

Lot Info

  • Lot Size Acres: 0.2
  • Lot Dimensions: 66.00X66.00X132.00X132.00
  • Zoning: LNC
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 11
  • Is Parking Included in Price: Yes

Multi Family

  • Insurance Expense: 1224
  • GrossIncome: 22800
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 2535
  • Tax Year: 2018
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2020
Closed on
Jun 1, 2020
Sold by
Angie Wait Real Estate Llc
Bought by
Chavez Daisy Garcia
Seller's Agent
Angie Wait
Keller Williams Realty Signature
Buyer's Agent
Angie Wait
Keller Williams Realty Signature
List Price
$135,000
Sold Price
$135,000
Current Estimated Value
$221,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,997
Avg. Annual Appreciation
10.27%

Purchase Details

Closed on
Dec 21, 2016
Sold by
Lasalle Bank Na
Bought by
Wait Angie Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,500
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2007
Bought by
Wait Angie Real Estate Llc
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
Chavez Daisy Garcia $135,000 Tua
Wait Angie Real Estate Llc -- First American Title Insurance
Wait Angie Real Estate Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wait Angie Real Estate Llc $95,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2020 06/01/20 Sold $135,000 0.0% $44 / Sq Ft
05/01/2020 05/01/20 Pending -- -- --
04/24/2020 04/24/20 For Sale $135,000 -- $44 / Sq Ft
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 $4,420 $57,135 $3,844 $53,291
2023 $4,420 $51,530 $5,894 $45,636
2022 $4,010 $47,408 $5,894 $41,514
2021 $3,791 $45,053 $5,894 $39,159
2020 $3,702 $35,905 $6,214 $29,691
2019 $2,493 $42,261 $24,856 $17,405
2018 $2,535 $91,849 $75,101 $16,748
2017 $2,469 $23,203 $6,512 $16,691
2016 $2,386 $21,512 $6,406 $15,106
2015 $2,413 $21,144 $8,008 $13,136
2014 $1,630 $22,339 $8,008 $14,331
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10698141

Midwest Real Estate Data (MRED)

APN: 05-26-232-004