NOT LISTED FOR SALE

901 S 7th St Dekalb, IL 60115

Estimated Value: $200,410 - $235,000

4 Beds
3 Baths
-- Sq Ft
9,148 Sq Ft Lot

Last Sold January 31, 2022

Last sale price $180,000

Est. 20% increase in value since last sale

Current estimated payment $1,495/month

89 Days on Market

About This Home

As of January 2022

Turn Key investment opportunity with this 3 unit at 901 S 7th. Nicely located on the south side of town by I88, schools, parks, banking and shopping. Long term tenants. Tenants pay all utilities and snow removal. Rehabbed bath in the main level, freshly painted lower level. Entire exterior updated within the last 10 years: siding, soffit, facia, siding, gutters, windows and roof. Great investment opportunity! Seller has multiple properties and willing to sell, reach out for additional information.

Last Agent to Sell the Property

Carrie Ottum

Weichert REALTORS Signature Professionals License #471001655 Listed on: 09/17/2021

Weichert REALTORS Signature Professionals

Last Buyer's Agent

Seng Vang

eXp Realty License #475175220

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,522

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 90x101.50

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Bathrooms

Utilities

  • Heating System Uses Natural Gas

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $768
  • Gross Income $2,085
  • Net Operating Income $1,596

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,522

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • 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: 4
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • List Price: 189900
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking: None

Utilities

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

Fee Information

  • Other Expenses $: 665

Schools

  • Middle/Junior School District: 428

Lot Info

  • Lot Size Acres: 0.21
  • Lot Dimensions: 90X101.50
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19

Multi Family

  • Net Operating Income: 1596
  • Insurance Expense: 768
  • GrossIncome: 2085
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Tax Info

  • Tax Annual Amount: 4521.74
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2016
Sold by
Bartlett Micah R and Putzstuck Kyle K
Bought by
Kedsch Jason and Torbett Brandi M
Current Estimated Value
$215,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,735
Outstanding Balance
$98,043
Interest Rate
3.6%
Mortgage Type
FHA
Estimated Equity
$117,310

Purchase Details

Closed on
Nov 1, 2007
Sold by
Lubcke Emily
Bought by
Bartlett Micah and Bartlett Peggy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2005
Sold by
Turner Daniel J
Bought by
Lubcke Emily M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.91%
Mortgage Type
New Conventional
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
Kedsch Jason $125,000 --
Bartlett Micah $165,000 --
Lubcke Emily M $156,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kedsch Jason $122,735
Previous Owner Bartlett Micah $132,000
Previous Owner Lubcke Emily M $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2022 01/31/22 Sold $180,000 -5.2% --
12/17/2021 12/17/21 Pending -- -- --
11/10/2021 11/10/21 For Sale -- -- --
11/06/2021 11/06/21 Pending -- -- --
09/18/2021 09/18/21 For Sale $189,900 -- --
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 $4,252 $51,801 $7,411 $44,390
2023 $4,252 $45,166 $6,462 $38,704
2022 $4,167 $41,236 $7,375 $33,861
2021 $4,280 $38,676 $6,917 $31,759
2020 $4,377 $38,060 $6,807 $31,253
2019 $4,291 $36,565 $6,540 $30,025
2018 $4,190 $35,325 $6,318 $29,007
2017 $4,229 $33,956 $6,073 $27,883
2016 $3,425 $33,099 $5,920 $27,179
2015 -- $31,361 $5,609 $25,752
2014 -- $29,057 $8,115 $20,942
2013 -- $30,522 $8,524 $21,998
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11223087

Midwest Real Estate Data (MRED)

APN: 08-14-380-025