NOT LISTED FOR SALE

922 S State St Lockport, IL 60441

Estimated Value: $431,919

10 Beds
21 Baths
-- Sq Ft
6,098 Sq Ft Lot

Last Sold January 13, 2017

Last sale price $275,000

Est. 57% increase in value since last sale

Current estimated payment $2,947/month

About This Home

As of January 2017

6 UNITS FOR $275,000 4 APARTMENT AND 2 RETAIL STORES .

Last Agent to Sell the Property

David Roth

Coldwell Banker Real Estate Group License #475071839 Listed on: 12/22/2016

Coldwell Banker Real Estate Group

Last Buyer's Agent

Christopher Knollin

Realty Executives Elite License #471019537

Realty Executives Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,854

Year Built

  • 1900

Lot Details

  • 6,098

Community Details

  • Insurance Expense $1,200

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,854

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Outdoor Parking: 19-30 Spaces
  • Total Annual Exp: 10000
  • Total Annual Income: 28800
  • Total Monthly Income: 2400
  • Number Of Stories: 2
  • Estimated Year Built: 1900
  • Type Multi Family: Corridor-Interior Entrance
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Heatventilation: Central Bldg Heat, Forced Air, Gas
  • Water Expense: 1000

Condo/Co-op/Association

  • Units in Building: 6

Lot Info

  • Lot Dimensions: 41' X 157'
  • Parcel Identification Number: 1104233250120000

Rental Info

  • Gross Rental Income: 28800
  • Tenant Pays: Electric

Multi Family

  • Insurance Expense: 1200

Tax Info

  • Taxes: 6500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2016
Closed on
Dec 28, 2016
Sold by
Signature Five Illinois Reo Llc
Bought by
Pima Property Group Llc
Seller's Agent
David Roth
Coldwell Banker Real Estate Group
Buyer's Agent
Christopher Knollin
Realty Executives Elite
List Price
$275,000
Sold Price
$275,000
Total Days on Market
0
Current Estimated Value
$431,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,919
Avg. Annual Appreciation
5.51%

Purchase Details

Closed on
Sep 20, 2005
Sold by
Schultz John J and Schultz Elizabeth C
Bought by
Mcginnis Timothy P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 1995
Sold by
Hardy Kristopher
Bought by
Schultz John J and Schultz Elizabeth C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,000
Interest Rate
7.51%

Purchase Details

Closed on
Nov 12, 1993
Sold by
Nbd Bank
Bought by
Hardy Kristopher D

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
6.82%
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
Pima Property Group Llc $275,000 Fidelity National Title Ins
Mcginnis Timothy P $480,000 Ticor Title
Schultz John J $181,000 Chicago Title Insurance Co
Hardy Kristopher D $160,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Pima Property Group Llc $1,190,000
Closed Pima Property Group Llc $1,103,200
Previous Owner Mcginnis Timothy P $45,000
Previous Owner Mcginnis Timothy P $375,000
Previous Owner Mcginnis Timothy P $50,000
Previous Owner Schultz John J $181,000
Previous Owner Hardy Kristopher D $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2017 01/13/17 Sold $275,000 0.0% --
12/22/2016 12/22/16 Pending -- -- --
12/22/2016 12/22/16 For Sale $275,000 -- --
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
2023 $7,854 $83,742 $28,017 $55,725
2022 $7,089 $77,010 $25,763 $51,247
2021 $7,178 $77,010 $25,763 $51,247
2020 $7,249 $77,010 $25,763 $51,247
2019 $7,293 $77,010 $25,763 $51,247
2018 $7,471 $77,010 $25,763 $51,247
2017 $7,653 $77,010 $25,763 $51,247
2016 $7,850 $77,010 $25,763 $51,247
2015 $7,808 $77,010 $25,763 $51,247
2014 $7,808 $71,306 $23,855 $47,451
2013 $7,808 $71,306 $23,855 $47,451
Source: Public Records

Agents Affiliated with this Home

  • David Roth

    Seller's Agent in 2017

    David Roth

    Coldwell Banker Real Estate Group

    (815) 546-3172

    30 Total Sales

    David Roth
    Section Image
  • Christopher Knollin

    Buyer's Agent in 2017

    Christopher Knollin

    Realty Executives

    (312) 217-1246

    8 in this area

    46 Total Sales

    Christopher Knollin
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09407779

Midwest Real Estate Data (MRED)

APN: 11-04-23-325-012

Illinois Will County Lockport 60441

922 S State St, Lockport, IL

This home is located at 922 S State St, Lockport, IL 60441 since 22 December 2016 and is currently estimated at $431,919. This property was built in 1900. 922 S State St is a home located in Will County with nearby schools including Milne Grove Elementary School, Kelvin Grove Jr High School, and Lockport Township High School East.

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