NOT LISTED FOR SALE

831 Bowditch Ave Aurora, IL 60506

South End Neighborhood

Estimated Value: $347,334 - $391,000

6 Beds
-- Bath
5,364 Sq Ft
$68/Sq Ft Est. Value

Sale Details

Date Sold: May 12, 2016

Last sale price $195,000 $36 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,588 / mo

81 Days on Market

About This Home

As of May 2016

Great Investment Opportunity! 5 units - lower level walk-out unit is over 1,700 sq ft with 2 bedrooms, large living room/dining room combo, family room and kitchen with walk-in pantry. Full bath has whirlpool tub. Lower level unit has central air and gas forced air heat. 4 upper units are all 1 bedroom/1 bath and are all rented. Building has been well maintained. Newer vinyl siding and roof. Tenants pay own heat and electric/separate meters. There is a carport in the back with 5 spots. Adjoining lot with shed is included in the price. Separate PIN 15-28-156-023. Taxes reflect senior freeze and exemption and is total for both parcels. Monthly rental amounts are priced well below market and tenants do not have leases. West Aurora schools. Close to Fox River and park.

Last Agent to Sell the Property

Leslie Prevett

O'Neil Property Group, LLC License #475154184 Listed on: 01/08/2016

O'Neil Property Group, LLC

Last Buyer's Agent

Melissa Garcia

Legacy Properties, A Sarah Leonard Company, LLC License #475133418

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,840

Year Built

  • Built in 1915

Lot Details

  • 5,660 Sq Ft Lot
  • Lot Dimensions are 41x137

Home Design

  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 5,364 Sq Ft Home
  • 3-Story Property
  • Finished Basement
  • Exterior Basement Entry

Utilities

  • Central Air
  • Heating System Uses Gas
  • Separate Meters

Listing and Financial Details

  • Tenant pays for electricity, heat, hot water

Community Details

Overview

  • 5 Units

Building Details

  • Insurance Expense $2,439
  • Water Sewer Expense $2,712
  • Operating Expense $8,551
  • Gross Income $20,400
  • Net Operating Income $11,849

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,840

Year Built

Built in 1915

Lot Details

5,660 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Other
  • Stories: 3
  • Year Built: 1915
  • Built Before 1978 (Y/N): Yes
  • Information: Other-See Remarks
  • Estimated Age: Older
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, Exterior Entry
  • Possible Use: Multi-Family
  • Fireplaces: 1
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 5
  • Ranges: 5
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Wood, Vinyl Siding
  • Frontage Type: City Street
  • Misc Outside: Enclosed Porch,Enclosed Stairs

Garage/Parking

  • Outdoor Parking: 1-5 Spaces

Utilities

  • Cooling: Central Air
  • Electric: Fuses, Separate Meters
  • Heat/Ventilation: Gas,Separate Per Unit

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Owners Association (Y/N): No

Fee Information

  • Water Sewer Expenses: 2712

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 41X137
  • Lot Size Sq Ft: 5660
  • Zoning: MULTI
  • Land Amenities: Curbs and Gutters,Sidewalks

Rental Info

  • Tenant Pays: Electricity, Heat, Hot Water
  • Board Number: 5

Building Info

  • BuildingAreaTotal: 5364

Multi Family

  • Net Operating Income: 11849
  • Insurance Expense: 2439
  • GrossIncome: 20400
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 8551
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 1840
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2016
Closed on
May 12, 2016
Sold by
Mangina Gary
Bought by
Klimpke Properties Inc
Seller's Agent
Leslie Prevett
O'Neil Property Group, LLC
Buyer's Agent
Melissa Garcia
Legacy Properties, A Sarah Leonard Company, LLC
List Price
$249,000
Sold Price
$195,000
Premium/Discount to List
-$54,000
-21.69%
Current Estimated Value
$367,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,334
Avg. Annual Appreciation
6.58%
Original Mortgage
$165,070
Outstanding Balance
$128,538
Interest Rate
3.58%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$238,796

Purchase Details

Closed on
May 20, 2014
Sold by
Mangina Jeanette J
Bought by
Mangina Jeanette J and Mangina Family Trust
Source: Public Records
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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
Klimpke Properties Inc $195,000 Chicago Title
Mangina Jeanette J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klimpke Properties Inc $165,070
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2016 05/12/16 Sold $195,000 -21.7% $36 / Sq Ft
03/29/2016 03/29/16 Pending -- -- --
01/08/2016 01/08/16 For Sale $249,000 -- $46 / Sq Ft
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 $7,660 $96,737 $6,128 $90,609
2023 $7,403 $86,434 $5,475 $80,959
2022 $6,981 $78,863 $4,995 $73,868
2021 $6,708 $73,422 $4,650 $68,772
2020 $6,384 $68,198 $4,319 $63,879
2019 $6,179 $63,188 $4,002 $59,186
2018 $5,962 $59,722 $3,702 $56,020
2017 $5,797 $56,329 $3,411 $52,918
2016 $4,748 $55,692 $2,924 $52,768
2015 -- $50,125 $2,514 $47,611
2014 -- $53,189 $2,310 $50,879
2013 -- $52,361 $2,207 $50,154
Source: Public Records

Agents Affiliated with this Home

  • Leslie Prevett

    Seller's Agent in 2016

    Leslie Prevett

    O'Neil Property Group, LLC

    (630) 660-0091

    29 Total Sales

    Leslie Prevett
    Section Image
  • Melissa Garcia

    Buyer's Agent in 2016

    Melissa Garcia

    Legacy Properties, A Sarah Leonard Company, LLC

    (630) 878-9868

    4 in this area

    608 Total Sales

    Melissa Garcia
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09113601

Midwest Real Estate Data (MRED)

APN: 15-28-156-022

Illinois Kane County Aurora 60506 South End

831 Bowditch Ave, Aurora, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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