NOT LISTED FOR SALE

Estimated Value: $463,000

7 Beds
7 Baths
-- Sq Ft
1.06 Acres

Last Sold July 14, 2023

Last sale price $649,000

Est. 29% decrease in value since last sale

Current estimated payment $3,232/month

5 Days on Market

About This Home

As of July 2023

THIS BEAUTIFUL HISTORIC 10 UNIT APARTMENT BUILDING WITH HUGE YARD FOR SALE!! ALL UNITS ARE TWO BEDROOMS AND ONE BATHROOM. OWNER HAS MAINTAINED THE PROPERTY, ROOF, WINDOWS, SIDING, FLOORS AND OTHER MISC.. VERY EASY TO RENT WITH THE COMMON AREA OF NEAR BY RESTAURANTS, SHOPPING AND EAST AURORA SCHOOL DISTRICT.

Last Agent to Sell the Property

Sam Tayabali

1st Choice Real Property License #471002369 Listed on: 05/30/2023

Last Buyer's Agent

Alex Rullo

RE/MAX All Pro - St Charles License #475090750

RE/MAX All Pro - St Charles

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,480

Year Built

  • Built in 1902

Lot Details

  • Lot Dimensions are 175x262

Parking

  • 13 to 18 Parking Spaces

Home Design

  • Wood Frame Construction
  • Pitched Roof
  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Fire and Smoke Detector
  • Unfinished Basement

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Utilities

  • Central Heating
  • Radiator
  • Hot Water Heating System
  • Heating System Uses Gas

Community Details

Overview

  • 10 Units

Building Details

  • Electric Expense $5,280
  • Fuel Expense $3,572
  • Insurance Expense $4,500
  • Maintenance Expense $1,200
  • Manager Expense $4,000
  • Other Expense $800
  • Trash Expense $3,683
  • Water Sewer Expense $7,540
  • Operating Expense $39,800
  • Gross Income $103,350
  • Net Operating Income $63,550

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,480

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1902
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany,Show-Call Listing Office
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 7
  • Total Bedrooms: 7
  • Possible Use: Multi-Family
  • Basement Description: Unfinished
  • Fire Protection: Smoke or Fire Protectors
  • Refrigerators: 10
  • Room: 5

Exterior Features

  • Construction Materials: Wood Frame
  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street
  • Roof: Composition
  • Exterior Building Type: Vinyl Siding
  • Roof Structure: Pitched
  • Misc Outside: Security System,Storms and Screens (as exist)

Garage/Parking

  • Outdoor Parking: 13-18 Spaces

Utilities

  • Electric: Circuit Breakers
  • Utilities: Sanitary Sewer, Water-Municipal, Water to Site
  • Heat/Ventilation: Central Bldg Heat,Gas,Hot Water,Radiators
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Manager Expense: 4000
  • Unincorporated (Y/N): No
  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 3683
  • Water Sewer Expenses: 7540

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 175X262
  • Zoning: MULTI
  • Alternate Phone Number: (630) 336-6821

Rental Info

  • Tenant Pays: None
  • Board Number: 10
  • Tenancy Type: Leases,Month To Month

Multi Family

  • Net Operating Income: 63550
  • Fuel Expense: 3572
  • Insurance Expense: 4500
  • ElectricExpense: 5280
  • GrossIncome: 103350
  • Maintenance Expense: 1200
  • NumberOfUnitsTotal: 10
  • OperatingExpense: 39800
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 8480
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2023
Closed on
Jul 12, 2023
Sold by
Bankfinancial Na
Bought by
J E N Properties Llc
Seller's Agent
Sam Tayabali
1st Choice Real Property
Buyer's Agent
Alex Rullo
RE/MAX All Pro - St Charles
List Price
$649,000
Sold Price
$649,000
Views
46
Current Estimated Value
$463,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$186,000
Avg. Annual Appreciation
-12.50%

Purchase Details

Closed on
Feb 16, 2016
Sold by
Velazquez Jose L
Bought by
Bank Financial Fsb and Trust #010605

Purchase Details

Closed on
Dec 31, 1997
Sold by
Foxhollow Trust
Bought by
Velazquez Jose L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.24%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 29, 1997
Sold by
Harris Bank St Charles
Bought by
Foxhollow Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.24%
Mortgage Type
Commercial
Source: Public Records
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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
J E N Properties Llc $649,000 Fidelity National Title
Bank Financial Fsb $150,000 Chicago Title Insurance Co
Velazquez Jose L $125,000 Chicago Title Insurance Co
Foxhollow Trust -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Velazquez Jose L $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2023 07/14/23 Sold $649,000 0.0% --
06/05/2023 06/05/23 Pending -- -- --
05/30/2023 05/30/23 For Sale $649,000 -- --
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
2024 $9,937 $144,963 $22,902 $122,061
2023 $9,568 $128,041 $20,463 $107,578
2022 $8,572 $112,824 $18,671 $94,153
2021 $8,480 $105,041 $17,383 $87,658
2020 $8,114 $97,567 $16,146 $81,421
2019 $8,839 $100,310 $14,960 $85,350
2018 $8,022 $88,101 $13,838 $74,263
2017 $10,057 $102,554 $12,750 $89,804
2016 $9,942 $94,480 $10,929 $83,551
2015 -- $83,852 $9,398 $74,454
2014 -- $80,245 $8,637 $71,608
2013 -- $78,841 $8,253 $70,588
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11794338

Midwest Real Estate Data (MRED)

APN: 15-23-256-004