J
Seller's Agent in 2022
Jeff Patton
J & A Real Estate
(815) 970-0679
6 Total Sales
314 N Locust St Sycamore, IL 60178
Estimated Value: $300,000 - $401,222
5
Beds
4
Baths
--
Sq Ft
6,011
Sq Ft Lot
Highlights
- Water Softener is Owned
- Ceiling Fan
- Multiple Water Heaters
About This Home
As of June 2022Rare opportunity to get a piece of the hot Sycamore rental market. This professionally maintained brick building is turn key, and ready for a new owner. It features 3 one-bedroom and 1 two-bedroom apartments, off street parking, and coin laundry. In 2019 all heating units were replaced, along with all water heaters, and both coin laundry machines. The roof was replaced in 2015, and the sidewalks and driveway were replaced in 2018. New windows with warranties were installed in 2020. All units have been updated and rent very easy. Current rents are low due to great tenants, but could easily be raised $100 or more per unit in this market. Separate meters for gas and electric so tenants pay those utilities. Owner pays water.
Last Agent to Sell the Property
J & A Real Estate License #471000316 Listed on: 05/02/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,334
Year Built
- Built in 1960 | Remodeled in 2020
Lot Details
- Lot Dimensions are 75 x 80
Home Design
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- Ceiling Fan
- Carbon Monoxide Detectors
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 4 Bathrooms
Partially Finished Basement
- Walk-Out Basement
- Sump Pump
Parking
- 8 Parking Spaces
- Uncovered Parking
- Parking Included in Price
Utilities
- Heating System Uses Natural Gas
- Multiple Water Heaters
- Water Softener is Owned
- Cable TV Available
Community Details
Overview
- 4 Units
Building Details
- Maintenance Expense $679
- Water Sewer Expense $1,891
- Gross Income $37,260
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 2, 2022
Closed on
Jun 1, 2022
Sold by
Bought by
Seller's Agent
Jeff Patton
J & A Real Estate
Buyer's Agent
Alison Rosenow
American Realty Illinois LLC
List Price
$379,900
Sold Price
$365,000
Premium/Discount to List
-$14,900
-3.92%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,444
Avg. Annual Appreciation
-0.91%
Original Mortgage
$251,568
Outstanding Balance
$239,839
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$111,717
Purchase Details
Closed on
Apr 26, 2019
Sold by
Bought by
Purchase Details
Closed on
Jan 20, 2017
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $365,000 | Law Offices Of Robert P Nolan | ||
| $175,000 | Attorney | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $251,568 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/01/2022 06/01/22 | Sold | $365,000 | -3.9% | -- |
| 05/04/2022 05/04/22 | Pending | -- | -- | -- |
| 05/04/2022 05/04/22 | For Sale | $379,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $5,891 | $75,362 | $12,328 | $63,034 |
| 2024 | $5,853 | $70,856 | $11,591 | $59,265 |
| 2023 | $5,624 | $64,702 | $10,584 | $54,118 |
| 2022 | $5,624 | $59,343 | $9,707 | $49,636 |
| 2021 | $5,334 | $55,283 | $9,113 | $46,170 |
| 2020 | $5,827 | $59,640 | $8,889 | $50,751 |
| 2019 | $5,741 | $58,333 | $8,694 | $49,639 |
| 2018 | $5,830 | $58,298 | $8,430 | $49,868 |
| 2017 | $5,704 | $55,991 | $8,096 | $47,895 |
| 2016 | $5,586 | $53,437 | $7,727 | $45,710 |
| 2015 | -- | $50,293 | $7,272 | $43,021 |
| 2014 | -- | $47,757 | $6,905 | $40,852 |
| 2013 | -- | $48,672 | $7,037 | $41,635 |
Source: Public Records
Agents Affiliated with this Home
-
Jeff Patton
-
Alison Rosenow
Buyer's Agent in 2022
Alison Rosenow
American Realty Illinois LLC
(815) 762-5226
131 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11393396
APN: 06-32-230-006
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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