NOT LISTED FOR SALE

Estimated Value: $335,000 - $382,000

5 Beds
3 Baths
-- Sq Ft
0.25 Acres

Last Sold December 18, 2020

Last sale price $235,000

Est. 51% increase in value since last sale

Current estimated payment $2,553/month

346 Days on Market

About This Home

As of December 2020

Classic styling in this solid brick 3 flat. Spacious apartments with hardwood floors and natural woodwork. Rare offering! Detached garage. Fully rented. This building has been well maintained with long term tenants. Beautiful architectural details inside and out. Garage is shared with building next door along with the driveway. This building has 3 garage stalls plus a common storage area.

Last Agent to Sell the Property

Debbie Scheitlin

Top Tier Asset Management License #471003539 Listed on: 11/19/2019

Last Buyer's Agent

Liwen She

Concentric Realty, Inc License #475179954

Concentric Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,109

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 10x10

Parking

  • 3 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating System Uses Natural Gas

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $37,500
  • Net Operating Income $26,183

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,109

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • List Price: 275000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Schools

  • Middle/Junior School District: 46

Lot Info

  • Lot Size Acres: 0.25
  • Lot Dimensions: 10X10
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 3

Multi Family

  • Net Operating Income: 26183
  • GrossIncome: 37500
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 6109
  • Tax Year: 2018
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2022
Sold by
Tong Family Capital Partners Llc
Bought by
Tong Weijia
Current Estimated Value
$354,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,068
Outstanding Balance
$172,294
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$175,516

Purchase Details

Listed on
Nov 19, 2019
Closed on
Jan 20, 2021
Sold by
Huang Tiffany and Tong Weijia
Bought by
Tong Family Capital Partners Llc
Seller's Agent
Debbie Scheitlin
Top Tier Asset Management
Buyer's Agent
Liwen She
Concentric Realty, Inc
List Price
$275,000
Sold Price
$235,000
Premium/Discount to List
-$40,000
-14.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.57%
Original Mortgage
$204,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 19, 2019
Closed on
Dec 17, 2020
Sold by
Chicago Title Land Trust Company
Bought by
Huang Tiffany and Tong Weijia
Seller's Agent
Debbie Scheitlin
Top Tier Asset Management
Buyer's Agent
Liwen She
Concentric Realty, Inc
List Price
$275,000
Sold Price
$235,000
Premium/Discount to List
-$40,000
-14.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2003
Sold by
Vanacker Richard M and Vanacker Nancy J
Bought by
Lasalle Bank Na and Trust #131541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 1998
Sold by
Cotton Joseph and Cotton Geraldine
Bought by
Vanacker Richard M and Vanacker Nancy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,400
Interest Rate
7.09%
Source: Public Records

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
Tong Weijia -- Fitzgerald Law Firm Pc
Tong Family Capital Partners Llc -- None Available
Huang Tiffany $235,000 Jp Title
Lasalle Bank Na $270,000 --
Vanacker Richard M $140,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tong Weijia $184,068
Previous Owner Tong Family Capital Partners Llc $204,000
Previous Owner Huang Tiffany $188,000
Previous Owner Lasalle Bank Na $161,500
Previous Owner Vanacker Richard M $112,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $235,000 -14.5% --
10/30/2020 10/30/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $275,000 0.0% --
07/02/2020 07/02/20 Pending -- -- --
05/29/2020 05/29/20 For Sale $275,000 +17.0% --
03/28/2020 03/28/20 Off Market $235,000 -- --
01/07/2020 01/07/20 For Sale $275,000 0.0% --
12/18/2019 12/18/19 Pending -- -- --
11/19/2019 11/19/19 For Sale $275,000 -- --
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 $8,143 $101,749 $12,833 $88,916
2023 $7,836 $91,923 $11,594 $80,329
2022 $6,691 $77,159 $10,572 $66,587
2021 $6,436 $72,138 $9,884 $62,254
2020 $6,281 $68,867 $9,436 $59,431
2019 $6,127 $65,600 $8,988 $56,612
2018 $6,110 $61,799 $8,467 $53,332
2017 $6,009 $58,422 $8,004 $50,418
2016 $5,781 $54,200 $7,426 $46,774
2015 -- $49,680 $6,807 $42,873
2014 -- $49,067 $6,723 $42,344
2013 -- $50,361 $6,900 $43,461
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 10578632

Midwest Real Estate Data (MRED)

APN: 06-12-304-028