$275,000
SOLD APR 22, 2016
7 Beds
3 Baths
-- Sq Ft
7,841 Sq Ft Lot

Recently Sold

15% Below List Price

450 Days on Market

Highlights

  • 3 Car Detached Garage
  • Dundee Highlands Elementary School Rated A-
  • Paved or Partially Paved Lot

About This Home

As of November 2021

Great 3-Unit in West Dundee, 3 garages, 2 washers, 2 dryers. Brick exterior. Aluminum soffit and clad windows. Hot water heat. 4 electric meters. Tenant cuts grass. Units are close to downtown and bike path.

Last Agent to Sell the Property

James Swanson

Suburban Life Realty, Ltd License #475072188

Co-Listed By

Mitchell Jacobs

Premier Living Properties

Last Buyer's Agent

Jose Grimaldo

Baird & Warner Real Estate - Algonquin License #475125350

Baird & Warner Real Estate - Algonquin

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,193

Year Built

  • Built in 1969

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 120 x 66
  • Paved or Partially Paved Lot

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Tri-Level Property
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 3 Bathrooms

Schools

  • Dundee Highlands Elementary Scho
  • Dundee Middle School
  • Dundee-Crown High School

Additional Features

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

Community Details

Overview

  • 3 Units
  • Highlands Subdivision, 3 Unit Floorplan

Building Details

  • Gross Income $33,000
  • Net Operating Income $18,950

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,193

Year Built

Built in 1969

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Tri-Level
  • New Construction: No
  • Subdivision Name: HIGHLANDS
  • Year Built: 1969
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 7
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 279900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Frame

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Fee Information

  • Other Expenses $: 12252

Schools

  • Elementary School: DUNDEE HIGHLANDS ELEMENTARY SCHO
  • High School: DUNDEE-CROWN HIGH SCHOOL
  • Middle/Junior School: DUNDEE MIDDLE SCHOOL
  • Middle/Junior School District: 300

Lot Info

  • Lot Size Acres: 0.18
  • Lot Dimensions: 120 X 66
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Multi Family

  • Net Operating Income: 18950
  • GrossIncome: 33000
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 9193
  • Tax Year: 2014
  • Tax Exemptions: None

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2021 11/19/21 Sold $400,000 0.0% --
10/15/2021 10/15/21 Pending -- -- --
10/13/2021 10/13/21 For Sale $400,000 +45.5% --
04/22/2016 04/22/16 Sold $275,000 -1.8% --
02/03/2016 02/03/16 Pending -- -- --
08/19/2015 08/19/15 Price Changed $279,900 -3.4% --
06/17/2015 06/17/15 Price Changed $289,900 -3.3% --
05/06/2015 05/06/15 Price Changed $299,900 -3.2% --
03/25/2015 03/25/15 Price Changed $309,900 -4.6% --
11/10/2014 11/10/14 For Sale $324,900 -- --
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
2023 $10,094 $117,957 $27,060 $90,897
2022 $9,063 $102,876 $27,060 $75,816
2021 $8,777 $97,135 $25,550 $71,585
2020 $8,627 $94,952 $24,976 $69,976
2019 $8,379 $90,139 $23,710 $66,429
2018 $9,660 $101,289 $23,241 $78,048
2017 $9,243 $94,751 $21,741 $73,010
2016 $9,445 $91,742 $21,051 $70,691
2015 -- $84,953 $19,725 $65,228
2014 -- $82,607 $19,180 $63,427
2013 -- $85,135 $19,767 $65,368
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $270,019 FHA
Previous Owner $180,000 New Conventional
Previous Owner $245,000 Unknown
Previous Owner $246,371 FHA
Previous Owner $246,831 FHA
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $400,000 None Available
Warranty Deed $275,000 Heritage Title Co
Warranty Deed $257,500 --
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 08773014

Midwest Real Estate Data (MRED)

APN: 03-27-276-004