NOT LISTED FOR SALE

8602 45th Place Lyons, IL 60534

Lyons Area
7 Beds
4 Baths
-- Sq Ft
1961 Built

Sale Details

Date Sold: September 22, 2014

Last sale price $246,000

63 Days on Market

Highlights

  • Traditional Architecture
  • 4 Car Attached Garage
  • Heating System Uses Steam
  • Sitting Room
  • Forced Air Heating System
  • Paved or Partially Paved Lot

About This Home

As of September 2014

COMMERCIAL SIZE GARAGE (30X30) W/220 ELECTRIC & METER. Apts. REMODELED for family use. 2 new kitchens & 2 baths including MBR on 2nd. W&D on both-new on 2nd. New interior wood doors,light fixtures etc... Tear-off roof on building & garage w/new door & opener. All work under permit. EXCEPTIONAL. 24HRS NOTICE PL. Garage preiously rented for $400 montly. 1st rentable for $1150 and 2nd for 1250 montly..

Last Agent to Sell the Property

Stephen Nemic

Re/Max Properties Listed on: 04/12/2014

Last Buyer's Agent

Mary Braatz

RE/MAX Enterprises License #471001728

RE/MAX Enterprises
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,639

Year Built

  • Built in 1961

Parking

  • 4 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price
  • Unassigned Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Sitting Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Lot Details

  • Lot Dimensions are 43 x 163
  • Paved or Partially Paved Lot

Schools

  • Lincoln Elementary School
  • Washington Middle School
  • J Sterling Morton West High Scho

Utilities

  • Forced Air Heating System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units
  • Gross Income $1,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,639

Year Built

Built in 1961

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Year Built: 1961
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Interstate Access
  • Rehab (Y/N): Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Room Type: Sitting Room
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Hardwood Floors
  • MRD_AppliancesAndFeatures: Laundry Hook-Up,Hardwood Floors

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Unassigned
  • ParkingTotal: 3
  • Number of Cars: 7
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Schools

  • Elementary School: LINCOLN ELEMENTARY SCHOOL
  • High School: J STERLING MORTON WEST HIGH SCHO
  • Middle/Junior School: WASHINGTON MIDDLE SCHOOL

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 43 X 163
  • Zoning: SINGL
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • GrossIncome: 1600
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat,2 Story Unit/s

Tax Info

  • Tax Annual Amount: 7639
  • Tax Year: 2012
  • Tax Exemptions: None

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

Listed on
Apr 12, 2014
Closed on
Aug 26, 2014
Sold by
Bought by
Seller's Agent
Stephen Nemic
Re/Max Properties
Buyer's Agent
Mary Braatz
RE/MAX Enterprises
List Price
$264,900
Sold Price
$246,000
Premium/Discount to List
-$18,900
-7.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,544
Outstanding Balance
$179,342
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 21, 2011
Sold by
Bought by

Purchase Details

Closed on
Apr 13, 2006
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
$315,000
Interest Rate
7%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 26, 2003
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
$245,350
Interest Rate
5.3%
Mortgage Type
FHA
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$246,000 Barrister Title
$148,000 Attorneys Title Guaranty Fun
$335,000 Multiple
$249,500 Cti
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
Open $241,544
Previous Owner $97,800
Previous Owner $315,000
Previous Owner $245,350
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
09/22/2014 09/22/14 Sold $246,000 -7.1% --
06/14/2014 06/14/14 Pending -- -- --
06/06/2014 06/06/14 For Sale $264,900 +7.7% --
06/02/2014 06/02/14 Off Market $246,000 -- --
05/07/2014 05/07/14 Price Changed $264,900 -3.6% --
05/01/2014 05/01/14 Price Changed $274,900 -5.2% --
04/12/2014 04/12/14 For Sale $289,900 -- --
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 $8,373 $31,000 $4,030 $26,970
2024 $8,373 $31,000 $4,030 $26,970
2023 $6,301 $31,000 $4,030 $26,970
2022 $6,301 $20,767 $3,505 $17,262
2021 $6,004 $20,765 $3,504 $17,261
2020 $6,111 $20,765 $3,504 $17,261
2019 $7,896 $23,937 $3,154 $20,783
2018 $7,718 $23,937 $3,154 $20,783
2017 $7,450 $23,937 $3,154 $20,783
2016 $6,614 $19,488 $2,803 $16,685
2015 $7,419 $19,488 $2,803 $16,685
2014 $7,161 $19,488 $2,803 $16,685
2013 $6,604 $19,397 $2,803 $16,594
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08583720

Midwest Real Estate Data (MRED)
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