NOT LISTED FOR SALE

Estimated Value: $249,000 - $265,335

4 Beds
2 Baths
-- Sq Ft
0.25 Acres

Last Sold August 01, 2022

Last sale price $235,000

Est. 10% increase in value since last sale

Current estimated payment $1,783/month

5 Days on Market

Highlights

  • Property is near a park
  • Paved or Partially Paved Lot
  • 4-minute walk to Huntley Park
  • 2 Car Attached Garage

About This Home

As of August 2022

Fully rented Duplex. Unit 611 - leased for 2years - $1200/month to 5/30/23 $1250/month to 5/30/24 Unit 609 - leased to 7/30/22 - $1,000 / month - When vacant it will be listed for lease at $1200/month.

Last Listed By

Jason Hulst

Charles Rutenberg Realty of IL License #475136862 Listed on: 06/23/2022

Charles Rutenberg Realty of IL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,800

Year Built

  • Built in 1960 | Remodeled in 2013

Lot Details

  • Lot Dimensions are 66x165
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Duplex
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Property is near a park
  • Heating System Uses Natural Gas

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $26,400
  • Net Operating Income $20,650

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,800

Year Built

Built in 1960 | Remodeled in 2013

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1960
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2013
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2013

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Microwave,Central Air Conditioner,Garage/Space,Range Hood,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Garage/Space,Hardwood Floors

Exterior Features

  • List Price: 235000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Number of Cars: 4
  • 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
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Middle/Junior School District: 428

Lot Info

  • Lot Dimensions: 66X165
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Multi Family

  • Net Operating Income: 20650
  • GrossIncome: 26400
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: Duplex Side by Side

Tax Info

  • Tax Annual Amount: 4800.04
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2022
Closed on
Aug 1, 2022
Sold by
Prairieland Homes Llc
Bought by
Kortegast Karen A
Seller's Agent
Jason Hulst
Charles Rutenberg Realty of IL
Buyer's Agent
Annette Siwy
Keller Williams Inspire - Geneva
List Price
$235,000
Sold Price
$235,000
Total Days on Market
5
Current Estimated Value
$257,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,334
Avg. Annual Appreciation
2.24%
Original Mortgage
$230,743
Outstanding Balance
$222,255
Interest Rate
5.63%
Mortgage Type
FHA
Estimated Equity
$27,572

Purchase Details

Closed on
Jul 31, 2012
Sold by
Nolan John F
Bought by
Prairieland Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,125
Interest Rate
5.5%
Mortgage Type
Commercial

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
Kortegast Karen A $235,000 Ulrich Law Llc
Prairieland Homes Llc $89,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kortegast Karen A $230,743
Previous Owner Prairieland Homes Llc $67,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2022 08/01/22 Sold $235,000 0.0% --
06/29/2022 06/29/22 Pending -- -- --
06/23/2022 06/23/22 For Sale $235,000 0.0% --
03/01/2019 03/01/19 Rented $930 0.0% --
02/26/2019 02/26/19 Under Contract -- -- --
01/17/2019 01/17/19 For Rent $930 +3.3% --
07/31/2018 07/31/18 Rented $900 +7.8% --
07/27/2018 07/27/18 Under Contract -- -- --
07/23/2018 07/23/18 For Rent $835 -- --
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 $4,203 $58,095 $10,588 $47,507
2023 $4,203 $50,654 $9,232 $41,422
2022 $4,674 $46,247 $10,536 $35,711
2021 $4,800 $43,376 $9,882 $33,494
2020 $4,908 $42,684 $9,724 $32,960
2019 $4,812 $41,007 $9,342 $31,665
2018 $4,699 $39,616 $9,025 $30,591
2017 $4,743 $38,081 $8,675 $29,406
2016 $4,691 $37,120 $8,456 $28,664
2015 -- $22,693 $8,012 $14,681
2014 -- $22,693 $11,593 $11,100
2013 -- $23,837 $12,177 $11,660
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11445075

Midwest Real Estate Data (MRED)

APN: 08-23-359-006