NOT LISTED FOR SALE

89 W George Ave Cortland, IL 60112

Estimated Value: $212,000 - $282,000

4 Beds
2 Baths
-- Sq Ft
0.28 Acres

Last Sold January 17, 2023

Last sale price $182,500

Est. 36% increase in value since last sale

Current estimated payment $1,775/month

3 Days on Market

Highlights

  • Ranch Style House
  • Baseboard Heating
  • Paved or Partially Paved Lot
  • 2 Car Attached Garage

About This Home

As of January 2023

Fully rented duplex. Unit 89 has 2 bedrooms, 1 bath and full unfinished basement. Unit 91 has 2 bedrooms, 1 bath, sliding glass door off the dining room to the backyard, crawl space and 2 car garage. ONLY UNIT 89 is available for showing at the moment, Tenants pays Utilities/Water/Garbage- lease expires 4/2024

Last Agent to Sell the Property

Jaqueline Venegas

Inspire Realty Group License #475186751 Listed on: 12/17/2022

Last Buyer's Agent

Audrey Helminiak

Baird & Warner License #475141475

Baird & Warner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,373

Lot Details

  • Lot Dimensions are 88 x 140
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Duplex
  • Ranch Style House
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Crawl Space

Schools

  • Cortland Elementary School
  • Huntley Middle School
  • De Kalb High School

Utilities

  • Baseboard Heating
  • Shared Septic

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,373

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Other Equipment: CO Detectors, Sump Pump
  • Basement Description: Unfinished,Crawl
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Window Air Conditioner,Garage/Space

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 199000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Septic Shared, Public Sewer
  • Heating: Electric, Baseboard
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Street Lights, Street Paved

Schools

  • Elementary School: Cortland Elementary School
  • High School: De Kalb High School
  • Middle/Junior School: Huntley Middle School
  • Middle/Junior School District: 428

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 88 X 140
  • Zoning: OTHER
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 5372.52
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: Duplex Side by Side

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2022
Sold by
Lowe James R and Lowe Lizabeth J
Bought by
Khoshaba Naramsin
Current Estimated Value
$247,612

Purchase Details

Closed on
Jun 1, 2005
Sold by
American Natl Bank Dekalb
Bought by
Lowe James R and Lowe Lizabeth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.91%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Khoshaba Naramsin $175,000 Acuity Title
Lowe James R $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lowe James R $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2023 01/17/23 Sold $182,500 -8.3% --
12/21/2022 12/21/22 Pending -- -- --
12/17/2022 12/17/22 For Sale $199,000 -- --
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 $5,717 $65,024 $18,824 $46,200
2023 $5,717 $60,833 $17,611 $43,222
2022 $6,629 $66,525 $16,808 $49,717
2021 $6,710 $63,339 $16,003 $47,336
2020 $6,724 $61,363 $15,504 $45,859
2019 $6,537 $58,788 $14,853 $43,935
2018 $6,364 $55,597 $14,047 $41,550
2017 $6,300 $52,929 $13,373 $39,556
2016 $6,072 $49,746 $12,569 $37,177
2015 -- $46,714 $11,803 $34,911
2014 -- $44,961 $11,360 $33,601
2013 -- $46,592 $11,772 $34,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11689415

Midwest Real Estate Data (MRED)

APN: 09-29-176-006