NOT LISTED FOR SALE

825 Grove St Dekalb, IL 60115

Estimated Value: $161,000 - $223,000

4 Beds
2 Baths
-- Sq Ft
6,098 Sq Ft Lot

Last Sold March 25, 2019

Last sale price $77,500

Est. 148% increase in value since last sale

Current estimated payment $1,323/month

55 Days on Market

About This Home

As of March 2019

This money making 2 unit offers a newer roof, windows, carpeting, off street parking, and a convenient location. Each unit has 2 bedrooms and 1 bath plus a large bonus room that lends itself to many uses. A great location makes it easy to rent. This one is sure to be a money making asset with it's 13.9% return.

Last Agent to Sell the Property

Tom Vierig

Castle View Real Estate License #471017067 Listed on: 12/20/2018

Last Buyer's Agent

Travis Velazquez

Elm Street, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,616

Year Built

  • Built in 1893

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 41 x 156

Home Design

  • Brick Foundation
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Off Alley Parking
  • Parking Space is Owned

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $789
  • Water Sewer Expense $775
  • Gross Income $17,040
  • Net Operating Income $11,860

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,616

Year Built

Built in 1893

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1893
  • 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: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Block, Brick/Mortar
  • List Price: 85000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Off Alley, Off Street
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Fee Information

  • Water Sewer Expenses: 775

Schools

  • Middle/Junior School District: 428

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.14
  • Lot Dimensions: 41 X 156
  • Zoning: LNC
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19

Multi Family

  • Net Operating Income: 11860
  • Insurance Expense: 789
  • GrossIncome: 17040
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 3615.9
  • Tax Year: 2017
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2018
Closed on
Mar 18, 2019
Sold by
Landphair Donald K and Landphair Debra A
Bought by
Velazquez Travis and Velazquez Evangeline
Seller's Agent
Tom Vierig
Castle View Real Estate
Buyer's Agent
Travis Velazquez
Elm Street, REALTORS
List Price
$85,000
Sold Price
$77,500
Premium/Discount to List
-$7,500
-8.82%
Current Estimated Value
$192,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,859
Avg. Annual Appreciation
14.94%
Original Mortgage
$58,125
Outstanding Balance
$52,402
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$139,957

Purchase Details

Closed on
Feb 12, 2014
Sold by
Landphair Debra A
Bought by
Landphair Donald K and Landphair Debra A

Purchase Details

Closed on
Jan 15, 2014
Sold by
Yamber Paul Michael
Bought by
Landphair Debra A

Purchase Details

Closed on
Nov 26, 2013
Sold by
Yamber Paul Michael
Bought by
Landphair Debra A
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
Velazquez Travis $77,500 None Available
Landphair Donald K -- --
Landphair Debra A -- --
Landphair Debra A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velazquez Travis $58,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2019 03/25/19 Sold $77,500 -8.8% --
02/13/2019 02/13/19 Pending -- -- --
01/25/2019 01/25/19 For Sale $85,000 0.0% --
01/18/2019 01/18/19 Pending -- -- --
12/20/2018 12/20/18 For Sale $85,000 -- --
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 $3,635 $44,286 $6,576 $37,710
2023 $3,635 $38,614 $5,734 $32,880
2022 $3,563 $35,254 $6,544 $28,710
2021 $3,659 $33,065 $6,138 $26,927
2020 $3,742 $32,538 $6,040 $26,498
2019 $3,668 $31,260 $5,803 $25,457
2018 $3,582 $30,200 $5,606 $24,594
2017 $3,616 $29,030 $5,389 $23,641
2016 $3,576 $28,297 $5,253 $23,044
2015 -- $26,811 $4,977 $21,834
2014 -- $26,686 $7,201 $19,485
2013 -- $28,031 $7,564 $20,467
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10158799

Midwest Real Estate Data (MRED)

APN: 08-23-336-014