723 Grant Street

Downers Grove, IL 60515

$305,000
Last Sold Price
5
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Attention investors! Is it time to diversify your portfolio and own real estate? Rare, well located income property investment opportunity for a "CA$H BUYER"! Two houses on one lot! Rent both houses, or live in one and rent one! Let the tenants pay for your property like the current owners have done for years! Both houses vacated recently so work could be done. Tenants pay for gas, electric, water, sewer, and garbage. Estimated rents could be $2,000 to $2,200 for the Front House and $1,200 to $1,400...Attention investors! Is it time to diversify your portfolio and own real estate? Rare, well located income property investment opportunity for a "CA$H BUYER"! Two houses on one lot! Rent both houses, or live in one and rent one! Let the tenants pay for your property like the current owners have done for years! Both houses vacated recently so work could be done. Tenants pay for gas, electric, water, sewer, and garbage. Estimated rents could be $2,000 to $2,200 for the Front House and $1,200 to $1,400 for the Rear House with some work being done! Great Comparable Recent Sales are 412 Prairie (MLS# 11642731) which sold 11-2-22 for $375,000 and 548 Prairie (MLS# 11492474) which sold 10-14-22 for $442,000. Vacant and easy to show with "Go and Show"!
  1. Listed by Bruce Rhoades • Brulan Properties, Inc.

Sold By Your Humble Abode

Property Details for 723 Grant Street

Area
Downers Grove
Township
Downers Grove
Ownership
Fee Simple
Num Of Parking Spaces
4.0
Num Of Cars
4.0
Heat/Fuel
Natural Gas

Location

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LISTING UPDATED: 11/23/2022 09:02 AM

Property Details for 723 Grant Street

StatusClosed
MLS #11642740
Days on Market53
Taxes$7,305 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1927
Lot Size0.17 AC / 7,405 SF
CountyDuPage County

Location

Add your commute

Building Information for 723 Grant Street

Stories-Residences2Year Built1927Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

$2,273 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,665

Property Taxes

$609

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 723 Grant Street

General Information
School Information
  • Elementary School District: 58
  • Elementary School: Lester Elementary School
  • Jr High Middle School: Herrick Middle School
  • High School District: 99
  • High School: North High School
  • Middle Or Junior School District: 58
Addtl Parking Information
  • Parking: Space/s
  • Parking Details: Driveway
  • Parking On Site: true
  • Parking Ownership: Owned
Property Information
Interior Features
  • Num Of Rooms: 10
  • Bedrooms (Below Grade): 0
  • Basement Type: Full
  • Bedrooms Possible: 5
  • Basement Description: Unfinished
  • # Full Baths in Building: 2
  • # Half Baths in Building: 0
  • Num of Baths: 2.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 91-100 Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 50X148
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Exterior Building Type: Frame
  • General Information: None
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Public Document Count: 8
  • Document Date: 2022-10-29T16:16:14
  • Photos Count: 39
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $1,780.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 5/22
Unit 2
  • Unit Type Actual Rent: $1,099.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 5/22

Property History for 723 Grant Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 723 Grant Street

Taxable ValueLand$53,680Additions$78,870Total$132,550
Tax Record2022$7,801 ($650 / month)
Home Facts
Beds0Baths1Total Finished SqFt1,188 SqFtAbove Grade Finished SqFt1,188 SqFtStories1Lot Size7,405 SqFtStyleSingle Family ResidenceYear Built1927ZoningRCountyDUPAGEAPN09-05-408-014

Schools near 723 Grant Street

This home is within Downers Grove Gsd 58 School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Lester Elementary School
PublicK to 6

Herrick Middle School
Public7 to 8

Downers Grove North High School
Public9 to 12

St Mary Of Gostyn Catholic 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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Similar Sold 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 Brulan Properties, Inc.

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. Based on information submitted to the MLS GRID as of 11/23/2022 09:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.