NOT LISTED FOR SALE

Estimated Value: $341,840

3 Beds
3 Baths
2,500 Sq Ft
$137/Sq Ft Est. Value

Last Sold June 03, 2022

Last sale price $299,900 $120 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,688/month

8 Days on Market

Highlights

  • Ranch Style House
  • Enclosed Patio or Porch
  • Shed
  • Lake Bluff Elementary School Rated A

About This Home

As of June 2022

Property is in good condition with good cash flow. Two bedrooms with 1&1/2 bath and One bedroom with one bath. Both units are rented. Large back yard and fence. Please do not walk property. Showings are by appointment only. Serious inquiries only.

Last Agent to Sell the Property

Bill Bommarito

Norshore Realty, LLC. License #471014164 Listed on: 04/05/2022

Last Buyer's Agent

James Smith

RE/MAX Plaza License #475096614

RE/MAX Plaza

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,202

Year Renovated

  • 2012

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x175

Home Design

  • Ranch Style House
  • Slab Foundation
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 3 Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway
  • On-Street Parking
  • Uncovered Parking
  • Parking Included in Price

Outdoor Features

  • Enclosed Patio or Porch
  • Shed

Schools

  • Lake Bluff Elementary School
  • Lake Bluff Middle School
  • Lake Forest High School

Utilities

  • Heating System Uses Natural Gas
  • Well
  • Cable TV Available

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,202

Year Renovated

2012

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2012
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2012

Interior Features

  • Basement: None
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Other Equipment: TV-Cable
  • Room Type: Enclosed Porch
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 1
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Disposal
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Disposal

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 299900
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Concrete

Garage/Parking

  • Parking Features: Side Apron, Driveway
  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Conversion YN: N

Schools

  • Elementary School: Lake Bluff Elementary School
  • High School: Lake Forest High School
  • Middle/Junior School: Lake Bluff Middle School
  • Middle/Junior School District: 65

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.34
  • Lot Dimensions: 100X175
  • Zoning: OTHER
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 9201.72
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 14, 2005
Sold by
Olson Thomas A and Olson Bettyanne
Bought by
Bommarito Marco
Current Estimated Value
$341,840

Purchase Details

Closed on
Feb 7, 1994
Sold by
Northern Trust Bk Lake Forest Natl Assn
Bought by
Olson Thomas A and Olson Bettyanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.32%
Mortgage Type
Commercial
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
Bommarito Marco $355,000 Chicago Title Insurance Comp
Olson Thomas A $80,000 Imperial Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olson Thomas A $100,000
Previous Owner Olson Thomas A $25,000
Previous Owner Olson Thomas A $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2022 06/03/22 Sold $299,900 0.0% $120 / Sq Ft
04/14/2022 04/14/22 Pending -- -- --
04/05/2022 04/05/22 For Sale $299,900 -- $120 / Sq Ft
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 $9,791 $159,153 $98,664 $60,489
2023 $9,589 $146,712 $90,951 $55,761
2022 $9,589 $145,375 $90,122 $55,253
2021 $9,383 $144,121 $89,345 $54,776
2020 $9,202 $144,918 $89,839 $55,079
2019 $8,876 $142,258 $88,190 $54,068
2018 $8,776 $144,371 $85,141 $59,230
2017 $8,675 $141,958 $83,718 $58,240
2016 $8,348 $135,121 $79,686 $55,435
2015 $8,237 $127,233 $75,034 $52,199
2014 $8,192 $127,233 $81,558 $45,675
2012 $7,663 $128,336 $82,265 $46,071
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11366583

Midwest Real Estate Data (MRED)

APN: 12-19-207-008