NOT LISTED FOR SALE

Estimated Value: $316,000 - $437,000

8 Beds
4 Baths
-- Sq Ft
0.93 Acres

Last Sold July 16, 2021

Last sale price $244,000

Est. 50% increase in value since last sale

Current estimated payment $2,467/month

6 Days on Market

Highlights

  • Deck
  • Shed
  • Multiple Water Heaters
  • Ranch Style House
  • Ceiling Fan
  • Heating Available

About This Home

As of July 2021

Attention Investors! Fully rented 2 well cared for duplexes on 0.93 lot. Units are spacious 2 bedroom, 1 bath, with vaulted ceilings, eat in kitchen and deck area to sit out and enjoy nature. Two of the units have laundry hook-up. Large common area with 2 sheds with separate storage for each unit. Each unit has electric stove/ refrigerator. 3 water tanks are newer. Great opportunity! Schedule your showing today. Wont last long.

Last Agent to Sell the Property

Carrie Jass

Coldwell Banker Real Estate Group License #475156340 Listed on: 06/02/2021

Coldwell Banker Real Estate Group

Last Buyer's Agent

Roger West

United Real Estate - Chicago License #475137974

United Real Estate - Chicago

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,874

Year Built

  • Built in 1978

Lot Details

  • Lot Dimensions are 132x297

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Crawl Space

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Parking Space is Owned

Outdoor Features

  • Deck
  • Shed

Utilities

  • Heating Available
  • Multiple Water Heaters
  • Cable TV Available

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,874

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Year Built: 1978
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Other Equipment: TV-Cable, Ceiling Fan(s), Multiple Water Heaters
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Block
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 8
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Water Source: Public

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 132X297
  • Zoning: MULTI
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • TenantPays: Electric

Tax Info

  • Tax Annual Amount: 4874.2
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 1 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2021
Closed on
Jul 16, 2021
Sold by
Ibrahim Hesham
Bought by
Peters Jason and Peters Melissa
Seller's Agent
Carrie Jass
Coldwell Banker Real Estate Group
Buyer's Agent
Roger West
United Real Estate - Chicago
List Price
$264,900
Sold Price
$244,000
Premium/Discount to List
-$20,900
-7.89%
Current Estimated Value
$365,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,366
Avg. Annual Appreciation
9.45%
Original Mortgage
$390,400
Outstanding Balance
$354,390
Interest Rate
2.93%
Mortgage Type
Commercial
Estimated Equity
$10,976

Purchase Details

Closed on
Oct 15, 2016
Sold by
Carlson Russell R
Bought by
Ibrahim Hesham

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2007
Sold by
Boardman James and Boardman Mary
Bought by
Carlson Russell R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 1994
Sold by
First National Bank Of Joliet
Bought by
Boardman James and Boardman Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,700
Interest Rate
9.24%
Mortgage Type
Purchase Money Mortgage
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
Peters Jason $244,000 Fidelity Title
Ibrahim Hesham $165,000 Fidelity National Title Ins
Carlson Russell R $250,000 Ticor Title
Boardman James $112,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peters Jason $390,400
Previous Owner Ibrahim Hesham $123,750
Previous Owner Carlson Russell R $187,500
Previous Owner Boardman James $78,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2021 07/16/21 Sold $244,000 -7.9% --
06/09/2021 06/09/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $264,900 -- --
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 $6,676 $108,037 $15,210 $92,827
2023 $6,676 $96,764 $13,623 $83,141
2022 $5,624 $87,808 $12,362 $75,446
2021 $5,445 $83,810 $11,799 $72,011
2020 $5,167 $79,404 $11,179 $68,225
2019 $4,874 $74,980 $10,556 $64,424
2018 $4,686 $71,751 $10,101 $61,650
2017 $4,598 $70,344 $9,903 $60,441
2016 $4,911 $68,031 $9,577 $58,454
2015 -- $66,275 $9,330 $56,945
2014 -- $66,275 $9,330 $56,945
2013 -- $70,883 $9,979 $60,904
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11108442

Midwest Real Estate Data (MRED)

APN: 02-24-07-201-007