NOT LISTED FOR SALE

Estimated Value: $216,000 - $369,000

6 Beds
3 Baths
-- Sq Ft
1922 Built

Last Sold January 06, 2025

Last sale price $369,900

Est. 17% decrease in value since last sale

Current estimated payment $2,327/month

31 Days on Market

Highlights

  • Property is near a park
  • Patio
  • Paved or Partially Paved Lot
  • Balcony

About This Home

As of January 2025

WHAT A FANTASTIC OPPORTUNITY! THIS IS A REMARKABLE CHANCE TO OWN A MULTI-UNIT PROPERTY IN JOLIET. WHETHER YOU ARE A SEASONED INVESTOR OR JUST BEGINNING TO BUILD YOUR PORTFOLIO, THIS IS A GREAT CHOICE! SITUATED ON A PICTURESQUE TREE-LINED STREET, THIS EXCEPTIONAL PROPERTY FEATURES THREE UNITS: TWO SPACIOUS APARTMENTS AND A CHARMING COACH HOUSE. IT'S PERFECT FOR AN INVESTOR LOOKING FOR AN ESTABLISHED PROPERTY WITH IMMEDIATE CASH FLOW, OR FOR SOMEONE WHO WANTS TO LIVE IN ONE UNIT WHILE EARNING PASSIVE INCOME FROM THE OTHERS. THE OWNER HAS METICULOUSLY MAINTAINED THE PROPERTY, WITH UPDATES THAT INCLUDE A NEWER ROOF AND GUTTERS, AN UPDATED ELECTRICAL PANEL, AND NEW FLOORING IN ONE UNIT. THE EXPANSIVE BACKYARD IS IDEAL FOR ENTERTAINING, AND THE UNFINISHED BASEMENT PROVIDES AMPLE STORAGE SPACE, READY FOR YOUR PERSONAL TOUCH. THERE IS PLENTY OF OFF-STREET PARKING ALONG WITH A SIDE DRIVE, ALL CONVENIENTLY LOCATED NEAR SHOPS, PARKS, AND MAJOR HIGHWAYS. LONG-TERM TENANTS TAKE PRIDE IN THEIR HOMES AND THE BUILDING ITSELF, AND IT TRULY SHOWS! RUN DON'T WALK! SCHEDULE YOUR SHOWING TODAY!

Last Listed By

Matricia Jackson

Keller Williams Preferred Rlty License #475140727 Listed on: 10/11/2024

Keller Williams Preferred Rlty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,430

Year Built

  • Built in 1922

Lot Details

  • Lot Dimensions are 46x130.25
  • Paved or Partially Paved Lot

Home Design

  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Parking

  • 3 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Off-Street Parking
  • Parking Included in Price

Outdoor Features

  • Balcony
  • Patio

Additional Features

  • Partial Basement
  • Property is near a park
  • Heating System Uses Natural Gas

Community Details

  • 3 Units
  • Gross Income $2,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,430

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1922
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Laundry Hook-Up
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Laundry Hook-Up
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Balcony, Patio
  • List Price: 369900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Off Street, Driveway
  • ParkingTotal: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Community Features: Park, Sidewalks, Street Lights, Street Paved

Schools

  • Middle/Junior School District: 86

Lot Info

  • Lot Dimensions: 46X130.25
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • GrossIncome: 2700
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Story Unit/s,Coach House

Tax Info

  • Tax Annual Amount: 7430
  • Tax Year: 2023
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2024
Closed on
Dec 3, 2024
Sold by
2220 Ashby Lane Llc
Bought by
Carmago Diego Nieves
Seller's Agent
Matricia Jackson
Keller Williams Preferred Rlty
Buyer's Agent
Anna Sophia Chacon
Charles Rutenberg Realty of IL
List Price
$369,900
Sold Price
$369,900
Total Days on Market
31
Views
43
Current Estimated Value
$308,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$61,900
Avg. Annual Appreciation
-39.87%
Original Mortgage
$363,199
Outstanding Balance
$362,056
Interest Rate
5.75%
Mortgage Type
FHA
Estimated Equity
-$54,056

Purchase Details

Listed on
Jul 24, 2022
Closed on
Oct 28, 2022
Sold by
Henry Rangel and Henry Sylvia Rangel
Bought by
2220 Ashby Lane Llc
Seller's Agent
Richard Mejia
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Matricia Jackson
Keller Williams Preferred Rlty
List Price
$295,000
Sold Price
$299,000
Premium/Discount to List
$4,000
1.36%
Views
40

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.20%
Original Mortgage
$239,200
Interest Rate
6.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 8, 2014
Sold by
Rangel Henry and Rangel Sylvia
Bought by
Henry Rangel and Henry Sylvia Rangel

Purchase Details

Closed on
Oct 5, 1999
Sold by
Montoya John J and Montoya Mary Lou
Bought by
Rangel Henry and Rangel Sylvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,400
Interest Rate
7.91%

Purchase Details

Closed on
Sep 12, 1990
Bought by
Rangel Henry Syl

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
Carmago Diego Nieves $369,900 First American Title
2220 Ashby Lane Llc $299,000 Chicago Title
Henry Rangel -- None Available
Rangel Henry $116,000 Chicago Title Insurance Co
Rangel Henry Syl $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Camargo Diego Nieves $363,199
Closed Camargo Diego Nieves $363,199
Previous Owner Carmago Diego Nieves $363,199
Previous Owner 2220 Ashby Lane Llc $239,200
Previous Owner Rangel Henry $97,700
Previous Owner Rangel Henry $109,550
Previous Owner Rangel Henry $104,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2025 01/06/25 Sold $369,900 0.0% --
11/11/2024 11/11/24 Pending -- -- --
10/11/2024 10/11/24 For Sale $369,900 +23.7% --
10/28/2022 10/28/22 Sold $299,000 +1.4% --
09/08/2022 09/08/22 Pending -- -- --
09/04/2022 09/04/22 For Sale $295,000 0.0% --
08/22/2022 08/22/22 Pending -- -- --
08/04/2022 08/04/22 For Sale $295,000 0.0% --
07/30/2022 07/30/22 Pending -- -- --
07/24/2022 07/24/22 For Sale $295,000 -- --
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 $7,430 $83,290 $13,643 $69,647
2022 $7,430 $69,778 $12,341 $57,437
2021 $6,125 $65,170 $11,526 $53,644
2020 $5,811 $61,890 $10,946 $50,944
2019 $5,527 $57,519 $10,173 $47,346
2018 $5,142 $51,601 $9,109 $42,492
2017 $4,846 $46,915 $8,282 $38,633
2016 $4,551 $42,340 $7,572 $34,768
2015 $4,371 $39,700 $7,100 $32,600
2014 $4,371 $39,500 $7,050 $32,450
2013 $4,371 $41,953 $7,811 $34,142
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12180720

Midwest Real Estate Data (MRED)

APN: 30-07-04-318-002