Seller's Agent in 2021
Brad Rubeck
815 Property
(815) 739-6718
8 in this area
12 Total Sales
822 Russell Rd Dekalb, IL 60115
Estimated Value: $1,917,583
80
Beds
28
Baths
--
Sq Ft
43,996
Sq Ft
Highlights
- 1.01 Acre Lot
- 2 Fireplaces
- Forced Air Heating System
About This Home
As of August 202126 Unit Rental Property. Two 12 unit apartment buildings with security entrances, and 2 town homes. Short walk to NIU campus. Market Rents of $20,220 per month + laundry income of $650 per month. Newer common area flooring & coin op Washer & Dryers. Well maintained. Professionally managed. Proven rental history.
Last Buyer's Agent
Prabhjot Randhawa
Baird & Warner Real Estate - A License #475172377
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $52,904
Year Built
- Built in 1986
Lot Details
- 1.01 Acre Lot
- Lot Dimensions are 321 x 138 x 321 x 138
Home Design
- Gable Roof Shape
- Wood Frame Construction
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- 2 Fireplaces
- Finished Basement
Bedrooms and Bathrooms
- 80 Bedrooms
- 28 Bathrooms
Utilities
- Cooling System Mounted In Outer Wall Opening
- Forced Air Heating System
- Heating System Uses Gas
- Separate Meters
- 100 Amp Service
Listing and Financial Details
- Tenant pays for air conditioning, electricity, heat, sewer, hot water
Community Details
Overview
- 26 Units
Building Details
- Electric Expense $3,995
- Insurance Expense $6,000
- Maintenance Expense $26,661
- Manager Expense $12,401
- Other Expense $5,173
- Trash Expense $1,871
- Water Sewer Expense $20,396
- Operating Expense $134,961
- Gross Income $250,440
- Net Operating Income $115,479
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 8, 2021
Closed on
Jul 29, 2021
Sold by
Norris James W and James W Norris Declaration Of
Bought by
Russellrd Llc
Seller's Agent
Brad Rubeck
815 Property
Buyer's Agent
Prabhjot Randhawa
Baird & Warner Real Estate - A
List Price
$1,484,000
Sold Price
$1,400,000
Premium/Discount to List
-$84,000
-5.66%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$517,583
Avg. Annual Appreciation
7.26%
Original Mortgage
$1,120,000
Outstanding Balance
$217,658
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$1,699,925
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Russellrd Llc | $1,400,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Russellrd Llc | $1,120,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/20/2021 08/20/21 | Sold | $1,400,000 | -5.7% | -- |
| 06/28/2021 06/28/21 | Pending | -- | -- | -- |
| 06/08/2021 06/08/21 | For Sale | $1,484,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
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 | $48,114 | $586,225 | $135,801 | $450,424 |
| 2023 | $47,160 | $511,139 | $118,407 | $392,732 |
| 2022 | $47,160 | $466,666 | $108,105 | $358,561 |
| 2021 | $52,772 | $476,874 | $101,393 | $375,481 |
| 2020 | $53,963 | $469,272 | $99,777 | $369,495 |
| 2019 | $52,904 | $450,832 | $95,856 | $354,976 |
| 2018 | $51,657 | $435,545 | $92,606 | $342,939 |
| 2017 | $52,149 | $418,673 | $89,019 | $329,654 |
| 2016 | $51,572 | $408,104 | $86,772 | $321,332 |
| 2015 | -- | $372,184 | $82,217 | $289,967 |
| 2014 | -- | $376,972 | $83,275 | $293,697 |
| 2013 | -- | $395,979 | $87,474 | $308,505 |
Source: Public Records
Agents Affiliated with this Home
-
Brad Rubeck
-
P
Buyer's Agent in 2021
Prabhjot Randhawa
Baird Warner
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11115253
APN: 08-15-326-010
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Based on information submitted to the MLS GRID
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