NOT LISTED FOR SALE

848 Willow Ln Sleepy Hollow, IL 60118

Estimated Value: $806,000 - $916,214

12 Beds
8 Baths
-- Sq Ft
0.58 Acres

Last Sold March 14, 2018

Last sale price $705,000

Est. 19% increase in value since last sale

Current estimated payment $6,457/month

12 Days on Market

About This Home

As of March 2018

Rarely offered fantastic opportunity. Well maintained fully occupied 8 unit apartment building with 4-1 bedroom & 4-2 bedroom units, with long term tenants. Energy efficient windows, new furnace controls with temperature limiting thermostats, each unit can control there own heat. bike trail behind building. Coin operated 2 each washer and dryer and tenant storage in basement. Pre-Qualified Buyers Only.

Last Agent to Sell the Property

Alex Donatelli

HomeSmart Connect LLC License #475138897 Listed on: 01/12/2018

HomeSmart Connect LLC

Last Buyer's Agent

Nathan Stillwell

john greene, Realtor License #475147609

john greene, Realtor

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,740

Year Built

  • 1968

Lot Details

  • 0.58

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction

Additional Features

  • Crawl Space
  • Cooling System Mounted In Outer Wall Opening

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,740

Year Built

1968

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Individual, Land Trust
  • Potential Use: Residential-Multi-Family
  • Utilities To Site: Water-Municipal
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Operating Income Year: 2017
  • Net Oper Income: 50963
  • Outdoor Parking: 6-12 Spaces
  • Roof Coverings: Membrane
  • Roof Structure: Flat
  • Total Annual Income: 75160
  • Total Monthly Income: 6180
  • Number of Ranges: 8
  • Number Of Refrigs: 8
  • Number Of Window A C: 8
  • Number Of Stories: 2
  • Estimated Year Built: 1968
  • Type Multi Family: Corridor-Exterior Entrance, Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1968

Interior Features

  • Basement: Unfinished, Crawl

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick, Frame
  • Construction: Brick, Concrete, Wood Frame

Garage/Parking

  • Number Of Parking Spaces: 8

Utilities

  • Air Conditioner: Wall Sleeve
  • Fire Protection: Smoke or Fire Protectors
  • Heatventilation: Hot Water, Radiators, Baseboard, Zoned

Condo/Co-op/Association

  • Units in Building: 8
  • Assessment Includes: Parking

Fee Information

  • Electrical Service: Circuit Breakers

Lot Info

  • Lot Dimensions: 188 X 135
  • Land Amenities: Lighting/Exterior
  • Parcel Identification Number: 0327102022

Rental Info

  • Gross Rental Income: 74160
  • Tenant Pays: Electric

Multi Family

  • Expense Year: 2017
  • Number Of Dryers: 2
  • Number Of Washers: 2

Tax Info

  • Taxes: 12766

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2022
Sold by
Hamilton Property Management Llc
Bought by
Jeyaa Realty Llc
Current Estimated Value
$841,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,020,000
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2018
Sold by
Hamilton Steve
Bought by
Hamilton Property Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,586,250
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 12, 2018
Closed on
Mar 14, 2018
Sold by
Donatelli Alex and The Alex Donatelli Trust
Bought by
Hamilton Steve
Seller's Agent
Alex Donatelli
HomeSmart Connect LLC
Buyer's Agent
Nathan Stillwell
john greene, Realtor
List Price
$760,000
Sold Price
$705,000
Premium/Discount to List
-$55,000
-7.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.20%

Purchase Details

Closed on
Oct 2, 1997
Sold by
Donatelli Alex
Bought by
Donatelli Alex and The Alex Donatelli Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
8.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 12, 1997
Sold by
Moore Emmett M and Moore Beverly
Bought by
Donatelli Alex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
8.62%
Mortgage Type
Commercial
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
Jeyaa Realty Llc $755,000 --
Hamilton Property Management Llc -- Freedom Title Co
Hamilton Steve $705,000 Advisors Title Network Llc
Donatelli Alex -- --
Donatelli Alex $243,333 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jeyaa Realty Llc $3,020,000
Previous Owner Hamilton Property Management Llc $1,586,250
Previous Owner Donatelli Alex $362,250
Previous Owner The Alex Donatelli Trust $300,000
Previous Owner Donatelli Alex $292,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2018 03/14/18 Sold $705,000 0.0% --
01/24/2018 01/24/18 Pending -- -- --
01/23/2018 01/23/18 Off Market $705,000 -- --
01/16/2018 01/16/18 Pending -- -- --
01/12/2018 01/12/18 For Sale $760,000 -- --
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 $21,740 $266,709 $54,814 $211,895
2023 $20,536 $239,976 $49,320 $190,656
2022 $20,778 $235,848 $49,320 $186,528
2021 $20,122 $222,687 $46,568 $176,119
2020 $19,490 $214,500 $33,048 $181,452
2019 $18,929 $203,627 $31,373 $172,254
2018 $15,229 $159,676 $30,752 $128,924
2017 $12,621 $129,369 $28,767 $100,602
2016 $12,895 $125,260 $27,853 $97,407
2015 -- $117,372 $26,099 $91,273
2014 -- $99,244 $25,378 $73,866
2013 -- $102,282 $26,155 $76,127
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09831890

Midwest Real Estate Data (MRED)

APN: 03-27-102-022