Seller's Agent in 2020
Robert Wessel
R. C. Wessel & Associates, Ltd
(630) 258-2230
11 Total Sales
8
Beds
4
Baths
2,480
Sq Ft
3,049
Sq Ft Lot
About This Home
As of January 2020Long-term retiring owner now offering this Canaryville CASH COW. Great building; New roof in 4/2018, 1st floor front unit remodeled in 2017, two other units remodeled 4-5 years ago. 4th unit is in good shape but not recently remodeled due to long-term tenants. Separate utilities; tenants pay all except water/garbage. Each residence has in-unit laundry facilities, highly desired by tenants. Individual forced-air heat ready for central a/c if you choose. Good access to public transportation. Room to increase rents. 10.6% cap rate at list price and current rents.
Last Agent to Sell the Property
R. C. Wessel & Associates, Ltd License #471002351 Listed on: 08/07/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,493
Year Built
- Built in 1870 | Remodeled in 2017
Lot Details
- 3,049 Sq Ft Lot
- Lot Dimensions are 24.0' x 127.0'
Home Design
- Stone Foundation
- Asphalt Roof
- Vinyl Siding
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Potential Bedrooms
- 4 Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
Parking
- 2 Parking Spaces
- Uncovered Parking
- Parking Space is Owned
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- 4 Units
Building Details
- Insurance Expense $2,700
- Trash Expense $360
- Water Sewer Expense $1,440
- Gross Income $36,400
- Net Operating Income $16,007
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/31/2020 01/31/20 | Sold | $246,000 | +2.9% | $99 / Sq Ft |
| 11/17/2019 11/17/19 | Pending | -- | -- | -- |
| 11/11/2019 11/11/19 | For Sale | $239,000 | 0.0% | $96 / Sq Ft |
| 11/01/2019 11/01/19 | Pending | -- | -- | -- |
| 10/14/2019 10/14/19 | Price Changed | $239,000 | -4.0% | $96 / Sq Ft |
| 10/02/2019 10/02/19 | Price Changed | $249,000 | -3.9% | $100 / Sq Ft |
| 09/11/2019 09/11/19 | For Sale | $259,000 | 0.0% | $104 / Sq Ft |
| 08/21/2019 08/21/19 | Pending | -- | -- | -- |
| 08/07/2019 08/07/19 | For Sale | $259,000 | -- | $104 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
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 |
|---|---|---|---|---|
| 2025 | $4,431 | $26,000 | $1,829 | $24,171 |
| 2024 | $4,431 | $26,000 | $1,829 | $24,171 |
| 2023 | $4,319 | $21,000 | $3,048 | $17,952 |
| 2022 | $4,319 | $21,000 | $3,048 | $17,952 |
| 2021 | $4,223 | $21,000 | $3,048 | $17,952 |
| 2020 | $4,458 | $20,013 | $3,048 | $16,965 |
| 2019 | $4,569 | $22,743 | $3,048 | $19,695 |
| 2018 | $4,493 | $22,743 | $3,048 | $19,695 |
| 2017 | $4,562 | $21,194 | $2,743 | $18,451 |
| 2016 | $4,245 | $21,194 | $2,743 | $18,451 |
| 2015 | $3,884 | $21,194 | $2,743 | $18,451 |
| 2014 | $4,192 | $22,596 | $2,590 | $20,006 |
| 2013 | $4,110 | $22,596 | $2,590 | $20,006 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Wessel
-
Stephanie Muratalla
Buyer's Agent in 2020
Stephanie Muratalla
Su Familia Real Estate Inc
(708) 271-0804
15 Total Sales
Source: Midwest Real Estate Data (MRED)
MLS Number: 10478183
APN: 20043300370000
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