NOT LISTED FOR SALE

Estimated Value: $604,000 - $829,510

12 Beds
6 Baths
4,700 Sq Ft
$156/Sq Ft Est. Value

Last Sold May 22, 2024

Last sale price $675,000 $144 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,158/month

1 Day on Market

About This Home

As of May 2024

6 unit apartment building with all 2br/1bath units. There are 6 garages and 7 store rooms. Common area laundry with 1 washer and 1 dryer. Broker owned & Seller related to listing agent.

Last Agent to Sell the Property

Jeff Kellenberger

Preferred Homes Realty License #471000230 Listed on: 03/27/2024

Last Buyer's Agent

Inactive Inactive

Baird & Warner Fox Valley - Geneva

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,150

Year Built

  • Built in 1966

Lot Details

  • Lot Dimensions are 73x130

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Gable Roof Shape
  • Brick Exterior Construction
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,700 Sq Ft Home
  • 2-Story Property
  • Exterior Basement Entry

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat, hot water

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $1,200
  • Insurance Expense $8,500
  • Maintenance Expense $1,500
  • Trash Expense $2,400
  • Water Sewer Expense $3,600
  • Operating Expense $16,130
  • Gross Income $73,320
  • Net Operating Income $43,681

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,150

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Exterior Entrance
  • Stories: 2
  • Year Built: 1966
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 12
  • Fire Protection: Smoke or Fire Protectors,Carbon Monoxide Detector(s)
  • Fireplaces: 1
  • Dishwashers: 0
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Brick, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street
  • Roof: Composition
  • Exterior Building Type: Brick,Frame
  • Roof Structure: Gable

Garage/Parking

  • Outdoor Parking: 6-12 Spaces
  • Indoor Parking: 6-12 Spaces

Utilities

  • Cooling: Wall Sleeve
  • Electric: Circuit Breakers
  • Heat/Ventilation: Electric
  • Leased Washer Dryer YN: No

Fee Information

  • Trash Expense: 2400
  • Water Sewer Expenses: 3600

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 73X130
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Heat, Hot Water
  • Board Number: 5
  • Tenancy Type: Leases

Building Info

  • BuildingAreaTotal: 4700
  • Building Unit Info: No Units Furnished,Storage/Locker Area

Multi Family

  • Net Operating Income: 43681
  • Insurance Expense: 8500
  • ElectricExpense: 1200
  • GrossIncome: 73320
  • Maintenance Expense: 1500
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 16130
  • Type Multi-Family: Corridor-Exterior Entrance

Tax Info

  • Tax Annual Amount: 14150
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2024
Closed on
May 15, 2024
Sold by
Ada Mae Schrock Trust and Kellenberger Julie
Bought by
Tridev Realty Llc
Seller's Agent
Jeff Kellenberger
Preferred Homes Realty
Buyer's Agent
Inactive Inactive
Baird & Warner Fox Valley - Geneva
List Price
$695,000
Sold Price
$675,000
Premium/Discount to List
-$20,000
-2.88%
Views
1
Current Estimated Value
$735,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,378
Avg. Annual Appreciation
5.57%
Original Mortgage
$540,000
Outstanding Balance
$413,891
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$321,487

Purchase Details

Closed on
May 2, 1995
Sold by
Schrock Melvin L and Schrock Ada Mae
Bought by
Schrock Ada Mae and Ada Mae Schrock Trust
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
Tridev Realty Llc $675,000 None Listed On Document
Schrock Ada Mae -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tridev Realty Llc $540,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2024 05/22/24 Sold $675,000 -2.9% $144 / Sq Ft
03/28/2024 03/28/24 Pending -- -- --
03/27/2024 03/27/24 For Sale $695,000 -- $148 / 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 $15,663 $195,712 $33,486 $162,226
2023 $15,072 $176,811 $30,252 $146,559
2022 $13,980 $161,221 $27,585 $133,636
2021 $13,448 $150,730 $25,790 $124,940
2020 $13,124 $143,895 $24,621 $119,274
2019 $12,802 $137,069 $23,453 $113,616
2018 $12,766 $129,127 $22,094 $107,033
2017 $13,357 $129,864 $22,220 $107,644
2016 $14,033 $131,575 $20,614 $110,961
2015 -- $120,601 $18,895 $101,706
2014 -- $119,112 $18,662 $100,450
2013 -- $122,254 $19,154 $103,100
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12016224

Midwest Real Estate Data (MRED)

APN: 06-22-128-008