NOT LISTED FOR SALE

836 Deerfield Rd Chatham, IL 62629

Estimated Value: $460,385

8 Beds
4 Baths
3,600 Sq Ft
$128/Sq Ft Est. Value

Sale Details

Date Sold: October 23, 2023

Last sale price $425,000 $118 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,118 / mo

1 Day on Market

About This Home

As of October 2023

A rare find in Chatham! Calling all investors looking to add to their portfolio. This 4-plex is fully rented. 3 out of the 4 units were renovated in 2023. The 3 units have seen massive upgrades including: life proof vinyl plank flooring, stainless steel appliances, washer+dryers, plumbing fixtures, ceiling fans, paint and doors+trim where needed. The entrance corridor has been revamped with life proof vinyl plank flooring, paint, hardwood stairs and 100% mechanical stainless steel keyless entry pin pads for all units (this is great because you don't have to keep track of keys for all the units). Ample, on site parking for all the units, each unit is provided a parking space and there is also 24/7 street parking. There is a large back and side yard. The lower units have backyard concrete patios and the upper units have access to the large deck that is perfect for over looking the backyard and grilling out. You'll find this property next to desirable new construction homes and just minutes away from Chatham District #5 schools and nearby parks. Investors, this is a true 7.5 cap! The current gross income is $52,200 with room to improve! The 3 updated units rent for $1,200/month and the other unit rents for $750/month. Don't miss out on this opportunity to own a cash flowing property in desirable Chatham, Illinois! 24hr notice and proof of pre approval needed for showings. *Back on the market due to buyer not being able to secure financing* Located in Sangamon County.

Last Agent to Sell the Property

John Armstrong

RE/MAX Rising License #471018921 Listed on: 09/21/2023

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,235

Year Built

  • Built in 1978

Lot Details

  • 0.47

Home Design

  • Traditional Architecture
  • Vinyl Siding

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Schools

  • Glenwood Elementary School
  • Glenwood Middle School
  • Chatham District #5 High School

Utilities

  • Heating System Uses Natural Gas

Community Details

Overview

  • 4 Units
  • Walnut Park Subdivision

Building Details

  • Gross Income $52,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,235

Year Built

Built in 1978

Lot Details

0.47 Acres

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Subdivision Name: Walnut Park
  • Year Built: 1978
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • ParkingTotal: 4
  • Number of Cars: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Conversion YN: N

Schools

  • Elementary School: Glenwood Elementary
  • High School: Chatham District #5
  • Middle/Junior School: Glenwood Middle School

Lot Info

  • Lot Dimensions: 3600
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 23

Multi Family

  • GrossIncome: 52200
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: Other

Tax Info

  • Tax Annual Amount: 3235
  • Tax Year: 2022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2026
Sold by
Bought by
Current Estimated Value
$460,385

Purchase Details

Listed on
Sep 21, 2023
Closed on
Oct 24, 2023
Sold by
Bought by
Seller's Agent
John Armstrong
RE/MAX Rising
Buyer's Agent
Non Member
NON MEMBER
List Price
$429,900
Sold Price
$425,000
Premium/Discount to List
-$4,900
-1.14%
Views
35

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.01%
Original Mortgage
$295,000
Interest Rate
7.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2011

Purchase Details

Closed on
Dec 30, 1999

Purchase Details

Closed on
Oct 18, 1993
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$425,000 None Listed On Document
$175,000 Hart Southworth & Witsman
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $295,000
Previous Owner $140,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/23/2023 10/23/23 Sold $425,000 -1.1% $118 / Sq Ft
09/23/2023 09/23/23 Pending -- -- --
09/21/2023 09/21/23 For Sale $429,900 -- $119 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $7,747 $106,317 $17,802 $88,515
2024 $7,153 $99,093 $16,592 $82,501
2023 $6,794 $89,799 $15,036 $74,763
2022 $6,471 $83,768 $14,026 $69,742
2021 $6,197 $79,552 $13,320 $66,232
2020 $6,066 $78,046 $13,068 $64,978
2019 $5,844 $76,576 $12,822 $63,754
2018 $5,730 $76,599 $12,826 $63,773
2017 $5,673 $76,599 $12,826 $63,773
2016 $5,600 $75,758 $12,685 $63,073
2015 $5,511 $73,523 $12,311 $61,212
2014 $5,370 $71,229 $11,927 $59,302
2013 $5,196 $69,121 $11,574 $57,547
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11890567

Midwest Real Estate Data (MRED)

APN: 29-07.0-255-014

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