642 Melrose Lane

Beecher, IL 60401

$242,500
Last Sold Price
9
Beds
5
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Fantastic investment opportunity awaits you in beecher! This 4 unit buildng has been well maintained by one owner for 16 years. Newer roof 5 yrs young. Units rent easily and most are long term tenants. Designed with owner unit. One 3 bdrm unit w/2 baths, three 2 bdrm units w/1 bath. All h20 heaters replaced within 5 yrs. Two furnaces and two ca units have been replaced. Each unit has it's own h20 heater, ca, furnace and appliances. Four storage lockers in bsmt. Coin operated new speed queen washer...Fantastic investment opportunity awaits you in beecher! This 4 unit buildng has been well maintained by one owner for 16 years. Newer roof 5 yrs young. Units rent easily and most are long term tenants. Designed with owner unit. One 3 bdrm unit w/2 baths, three 2 bdrm units w/1 bath. All h20 heaters replaced within 5 yrs. Two furnaces and two ca units have been replaced. Each unit has it's own h20 heater, ca, furnace and appliances. Four storage lockers in bsmt. Coin operated new speed queen washer & dryer in bsmt bring in $150/month. 4 stall carport.
  1. Listed by Beverly Lane • RE/MAX IMPACT

Property Details for 642 Melrose Lane

Area
Beecher
Township
Washington
Ownership
Fee Simple
Num Of Garage Spaces
4.0
Num Of Cars
4.0
Heat/Fuel
Electric, Forced Air

Location

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LISTING UPDATED: 06/09/2021 05:27 AM

Property Details for 642 Melrose Lane

StatusClosed
MLS #11000314
Days on Market104
Taxes$11,148 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 4 Flat
Year Built1976
Lot Size0.34 AC / 14,810 SF
CountyWill County

Location

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Sold By Exclusive Realtors

Add your commute

Building Information for 642 Melrose Lane

Stories-Residences4Year Built1976Building Size-Lot Size0.34 AC / 14,810 SF

Payment Calculator

$2,252 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,323

Property Taxes

$929

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 642 Melrose Lane

General Information
School Information
  • Elementary School District: 200U
  • High School District: 200U
  • Middle Or Junior School District: 200U
Addtl Parking Information
  • Garage Details: Carport
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
Property Information
Interior Features
  • Num Of Rooms: 17
  • Bedrooms (Below Grade): 0
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Basement Type: Partial
  • Bedrooms Possible: 9
  • Basement Description: Unfinished, Storage Space
  • Basement Bathrooms: No
  • # Full Baths in Building: 5
  • # Half Baths in Building: 0
  • Num of Baths: 5.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Well-Community
  • Other Equipment: Security System, Sump Pump, Multiple Water Heaters
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 41-50 Years
  • Lot Description: Landscaped Professionally
  • Lot Size: .25-.49 Acre
  • Lot Dimensions: 85X130
  • Total # Units in Building: 4.0
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding, Vinyl Siding, Brick
  • Roof Type: Asphalt
  • Foundation Details: Concrete Perimeter
  • General Information: School Bus Service,Interstate Access
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2021-02-21T00:36:20
  • Photos Count: 9
Virtual Tour/Additional Media
  • Virtual Tour: Image360+realtor
  • Virtual Tour YN: Yes
  • Virtual Tour Date: 02-25-2021
Multi Family
Income & Expenses
  • Electric Expense: $1,800.00
  • Insurance Expense: $1,602.00
  • Other Addl Income: Coin Laundry
  • Trash Expense: $1,457.00
  • Water Sewer Expense: $1,840.00
Unit 1
  • Unit Type Actual Rent: $875.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Floor # - Unit 1: 1
  • # Of Rooms - Unit 1: 5
  • # Half Baths-Unit 1: 0
  • # Full Baths-Unit 1: 2
  • Appliances/Features Unit 1: Stove, Refrigerator, Dishwasher, Central Air Conditioner
  • Lease Exp Date (Mo/Yr) - Unit 1: 07-21-2024
  • Sec Deposit $ - Unit 1: 850
  • Tenant Pays - Unit 1: Electric
Unit 2
  • Unit Type Actual Rent: $725.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Floor # - Unit 2: 1
  • # Of Rooms - Unit 2: 4
  • # Half Baths-Unit 2: 0
  • # Full Baths-Unit 2: 1
  • Appliances/Features Unit 2: Stove, Refrigerator, Dishwasher, Central Air Conditioner
  • Lease Exp Date (Mo/Yr) - Unit 2: 06-21-2024
  • Sec Deposit $ - Unit 2: 700
  • Tenant Pays - Unit 2: Electric
Unit 3
  • Unit Type Actual Rent: $750.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Floor # - Unit 3: 2
  • # Of Rooms - Unit 3: 4
  • # Half Baths-Unit 3: 0
  • # Full Baths-Unit 3: 1
  • Appliances/Features Unit 3: Stove, Refrigerator, Dishwasher, Central Air Conditioner
  • Lease Exp Date (Mo/Yr) - Unit 3: 03-21-2024
  • Sec Deposit $ - Unit 3: 725
  • Tenant Pays - Unit 3: Electric
Unit 4
  • Unit Type Actual Rent: $900.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Floor # - Unit 4: 2
  • # Of Rooms - Unit 4: 4
  • # Half Baths-Unit 4: 0
  • # Full Baths-Unit 4: 1
  • Appliances/Features Unit 4: Stove, Refrigerator, Dishwasher, Central Air Conditioner
  • Lease Exp Date (Mo/Yr) - Unit 4: 08-21-2024
  • Sec Deposit $ - Unit 4: 750
  • Tenant Pays - Unit 4: Electric

Property History for 642 Melrose Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 642 Melrose Lane

Taxable ValueLand$22,102Additions$91,738Total$113,840
Tax Record2020$11,571 ($964 / month)
Home Facts
Beds0Lot Size14,810 SqFtStyleSingle Family ResidenceCountyWILLAPN22-22-21-111-010

Schools near 642 Melrose Lane

This home is within Beecher Community Unit School District 200u.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Beecher Elementary School
PublicPK to 5

Beecher Junior High School
Public6 to 8

Beecher High School
Public9 to 12

Zion Lutheran School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX IMPACT

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.