$445,000
SOLD OCT 3, 2022
6 Beds
3 Baths
-- Sq Ft
7,405 Sq Ft Lot

Recently Sold

6% Below List Price

8 Days on Market

Highlights

  • Brownstone
  • Property is near a park
  • Living Room
  • Ellsworth Elementary School Rated A+
  • 2 Car Detached Garage
  • Laundry Room

About This Home

As of October 2022

Attention Investors! INVESTMENT PROPERTY LOCATED IN THE HEART OF NAPERVILLE! This property is currently a two-unit home ~live in one unit and rent out the other. There are endless possibilities with this downtown Naperville home! Unbelievable location! First floor unit includes 3 bedrooms, 1 renovated bath, living room, dining room, kitchen, and charming and expansive enclosed front porch. A perfect place to enjoy all seasons with the wood burning stove. Second floor unit with private entrance includes 1 bedroom, sitting room/additional bedroom, fully remodeled bath, kitchen with eating area and pantry. New carpet has been added to this entire second level. A large detached two car garage has plenty of storage and backs to alley access that allows parking for five additional cars, large driveway, and expansive fully fenced backyard perfect for entertaining. The partially finished basement has a 1/2 bath, washer/dryer, and utility room for all tenants. This home currently has a renter on the first floor month to month. The rent is $2200/month + utilities. The upstairs is currently not rented but has been rented for $1150/month + utilities. This duplex has never had an issue getting tenants. Take advantage of the three blocks walk to the Metra! Enjoy the convenient activities and events Naperville has to offer just a few blocks away. A block from Jewel and Starbucks and so much more. A leisurely walk to downtown Naperville including the Riverwalk, endless shopping, and restaurants. Fantastic location, Award winning district 203 schools and meticulously maintained. Welcome Home!

Last Agent to Sell the Property

Amy Hill

Baird & Warner License #475180749 Listed on: 09/07/2022

Baird & Warner

Co-Listed By

Bridget Salela

Coldwell Banker Realty License #475175515

Last Buyer's Agent

Nicholas Kravat

Keller Williams ONEChicago License #475194670

Keller Williams ONEChicago

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,181

Year Built

  • Built in 1923

Lot Details

  • Lot Dimensions are 50x150
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brownstone
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Family Room
  • Living Room
  • Dining Room
  • Storm Screens
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement
  • Basement Storage

Location

  • Property is near a park

Schools

  • Ellsworth Elementary School
  • Washington Junior High School
  • Naperville North High School

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,181

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Brownstone
  • New Construction: No
  • Year Built: 1923
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train
  • 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
  • Basement Description: Partially Finished,Rec/Family Area,Storage Space
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 1
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Central Air Conditioner,Walk-In Closet

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • Foundation Details: Block, Concrete Perimeter
  • List Price: 475000
  • Lot Features: Sidewalks, Streetlights
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 5
  • Number of Cars: 7
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved

Schools

  • Elementary School: Ellsworth Elementary School
  • High School: Naperville North High School
  • Middle/Junior School: Washington Junior High School
  • Middle/Junior School District: 203

Lot Info

  • Lot Dimensions: 50X150
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 8181.26
  • Tax Year: 2021

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2022
Closed on
Sep 26, 2022
Sold by
Shah Sanjay and Shah Maya
Bought by
Farooqui Usman
Seller's Agent
Nicholas Kravat
Keller Williams ONEChicago
Buyer's Agent
Wendy Pawlak
Keller Williams Experience
Sold Price
$2,400
Total Days on Market
8
Current Estimated Value
$535,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$533,313
Avg. Annual Appreciation
7.22%
Original Mortgage
$333,750
Outstanding Balance
$323,942
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$211,771

Purchase Details

Listed on
Apr 5, 2018
Closed on
Jul 19, 2018
Sold by
Pbwinc1 Llc
Bought by
Shah Sanjay and Shah Maya
Seller's Agent
Edward Hall
Baird & Warner
Buyer's Agent
Edward Hall
Baird & Warner
List Price
$425,000
Sold Price
$385,000
Premium/Discount to List
-$40,000
-9.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.51%
Original Mortgage
$277,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2008
Sold by
Wade Sean
Bought by
Pbwinc 1 Llc

Purchase Details

Closed on
Jun 2, 2006
Sold by
Lichter Richard N
Bought by
Wade Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,800
Interest Rate
6.72%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 18, 1998
Sold by
Lichter Richard N and Lichter Dorothy J
Bought by
Lichter Richard N and Lichter Dorothy J
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 Type Sale Price Title Company
Warranty Deed $445,000 Chicago Title
Warranty Deed -- First American Title
Warranty Deed $390,000 Multiple
Warranty Deed $429,000 Pntn
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $333,750 New Conventional
Previous Owner $277,500 New Conventional
Previous Owner $85,800 Stand Alone Second
Previous Owner $343,200 Purchase Money Mortgage
Previous Owner $187,500 Credit Line Revolving
Previous Owner $18,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2022 10/27/22 Rented $2,400 -4.0% --
10/23/2022 10/23/22 Under Contract -- -- --
10/08/2022 10/08/22 For Rent $2,500 0.0% --
10/03/2022 10/03/22 Sold $445,000 -6.3% --
09/16/2022 09/16/22 Pending -- -- --
09/07/2022 09/07/22 For Sale $475,000 +23.4% --
07/23/2018 07/23/18 Sold $385,000 -9.4% --
04/10/2018 04/10/18 Pending -- -- --
04/05/2018 04/05/18 For Sale $425,000 -- --
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
2023 $8,937 $137,540 $73,320 $64,220
2022 $8,478 $130,990 $69,830 $61,160
2021 $8,181 $126,040 $67,190 $58,850
2020 $8,013 $123,770 $65,980 $57,790
2019 $7,795 $118,420 $63,130 $55,290
2018 $7,535 $114,440 $61,010 $53,430
2017 $7,395 $110,580 $58,950 $51,630
2016 $7,260 $106,580 $56,820 $49,760
2015 $7,235 $100,370 $53,510 $46,860
2014 $7,471 $100,370 $53,510 $46,860
2013 $7,358 $100,610 $53,640 $46,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11623754

Midwest Real Estate Data (MRED)

APN: 08-07-313-007