NOT LISTED FOR SALE

Estimated Value: $597,000 - $689,000

4 Beds
2 Baths
-- Sq Ft
7,841 Sq Ft Lot

Last Sold April 24, 2023

Last sale price $555,000

Est. 18% increase in value since last sale

Current estimated payment $4,381/month

20 Days on Market

Highlights

  • 2 Car Detached Garage
  • Elmwood Elementary School Rated A
  • Forced Air Heating System

About This Home

As of April 2023

Location, Location, Location!! Just 2 blocks to the River Walk and downtown Naperville! This adorable 2 Flat has 4 bedrooms and 2 baths. Each unit has 2 bedrooms, 1 bath, family room, kitchen and dining area. 1st floor unit was renovated in 2017 and 2nd floor unit was renovated in 2015. There are 2 washers and dryers in the basement, 1 set for each unit. A 2-car detached garage and yard. 2nd unit has a closed in porch. List of updates: 2023: unit 1 Refrigerator, 2022, unit 1 Water heater, 2021: Vinyl siding on home and garage. 2017: unit 2 water heater and unit 2 a/c. Furnace around 2008. Both units are rented. Tenats pay gas and electric. Don't let this one get away!!! (Pictures are from 2nd floor unit previous tenants)(1st floor rent is $1675 and 2nd floor is $1650. ) Showings will be feb 25 1-2. Please call listing agent to confirm appointment

Last Agent to Sell the Property

Barbara Nelson

Coldwell Banker Realty License #475131917 Listed on: 02/11/2023

Coldwell Banker Realty

Last Buyer's Agent

Kim Preusch

@properties Christies International Real Estate License #475166285

@properties Christies International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,863

Year Built

  • Built in 1942 | Remodeled in 2015

Lot Details

  • 7,841

Parking

  • 2 Car Detached Garage
  • Driveway
  • Parking Included in Price

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 50 x 156

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,863

Year Built

Built in 1942 | Remodeled in 2015

Lot Details

7,841 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1942
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2015
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2015

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Stone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway
  • ParkingTotal: 3
  • Number of Cars: 5
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Lot Info

  • Lot Dimensions: 50 X 156
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 9862.88
  • Tax Year: 2021
  • 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

Listed on
Feb 11, 2023
Closed on
Apr 21, 2023
Sold by
Lex Wayne D and Lex Donna M
Bought by
Khalil Durre and Abousafat Ahmed
Seller's Agent
Barbara Nelson
Coldwell Banker Realty
Buyer's Agent
Kim Preusch
@properties Christies International Real Estate
List Price
$565,000
Sold Price
$555,000
Premium/Discount to List
-$10,000
-1.77%
Current Estimated Value
$652,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,552
Avg. Annual Appreciation
5.72%
Original Mortgage
$388,500
Outstanding Balance
$377,138
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$275,414

Purchase Details

Closed on
Sep 29, 1993
Sold by
Firstar Bank West Na
Bought by
Lex Wayne D and Lex Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Khalil Durre $555,000 Attorneys Title Guaranty Fund
Lex Wayne D $175,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khalil Durre $388,500
Previous Owner Lex Wayne D $107,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2023 04/24/23 Sold $555,000 -1.8% --
03/03/2023 03/03/23 Pending -- -- --
02/11/2023 02/11/23 For Sale $565,000 -- --
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
2024 $11,386 $185,654 $105,036 $80,618
2023 $10,824 $166,820 $94,380 $72,440
2022 $10,209 $158,000 $88,900 $69,100
2021 $9,863 $152,360 $85,730 $66,630
2020 $9,832 $152,360 $85,730 $66,630
2019 $9,499 $144,910 $81,540 $63,370
2018 $7,776 $118,790 $66,410 $52,380
2017 $7,627 $114,760 $64,160 $50,600
2016 $7,455 $110,130 $61,570 $48,560
2015 $7,483 $104,570 $58,460 $46,110
2014 $6,991 $94,710 $52,660 $42,050
2013 $6,941 $95,370 $53,030 $42,340
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11717176

Midwest Real Estate Data (MRED)

APN: 07-24-204-006

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