NOT LISTED FOR SALE

100 S Prospect St Cambridge, IL 61238

Estimated Value: $119,457

7 Beds
3 Baths
12,600 Sq Ft
$9/Sq Ft Est. Value

Last Sold February 15, 2017

Last sale price $70,000 $6 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $818/month

About This Home

As of February 2017

48 hr notice has to be given to renters before showing the building and apartments. Annual Vacancy is miniimal, since 2001 only 2 months (1 month at 2 different times) of vacancy.Great rental potential plus main floor could be divided up for multiple renters if smaller sq footage is needed. Large apartments one being around 1100 sq ft and the other 2 are around 1300 sq ft. Owner owns washer & dryers for 2 apartments & the tenants owns them in the one unit. Endless parking on multiple sides. On the main business district street for high visibility and convenience for renters and owner

Last Agent to Sell the Property

Diana Franks

Mel Foster Co. Geneseo License #475.123935 Listed on: 11/21/2016

Mel Foster Co. Geneseo

Co-Listed By

Becky Blackert

Mel Foster Co. Geneseo License #471021911/B65498000

Last Buyer's Agent

Hillary Walker

RE/MAX Concepts Bettendorf License #475.156138

RE/MAX Concepts Bettendorf

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,213

Lot Details

  • 0.7

Schools

  • Cambridge Comm Elementary School
  • Cambridge High School

Additional Features

  • 2-Story Property
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for gas & electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,213

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story
  • Legal Description: Lot 1, 2 &3 Balk 2 Wells Add Village of Cambridge
  • Year Built: 999
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Price Per Sq Ft: 5.56
  • Total Sq Ft: 12600

Exterior Features

  • Exterior: Stone, Wood Siding
  • Road Access: Curbs & Gutters
  • Roofing: Tar & Gravel

Garage/Parking

  • Number Parking Spaces: 4

Utilities

  • Heating Cooling: Electric, Forced Air, Gas
  • Laundry Facilities: Private

Schools

  • Elementary School: Cambridge Comm
  • Middle School: Cambridge Comm
  • High School: Cambridge
  • Elementary School: Cambridge Comm
  • High School: Cambridge

Lot Info

  • Estimated Lot Size: 198 x 155
  • Estimated Number of Acres: 0.7
  • Lot Description: Corner, Level
  • Subdivision: Wells
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: Gas & Electric
  • Gross Annual Rent Income: 14200

Tax Info

  • Annual Taxes: 3213.42
  • Parcel Id Number Tax Id: 1807404004
  • Tax Year: 2015

Multi Family

  • Total Number Units: 5
  • Total Number Central Air Units: 3
  • Total Number Electric Meters: 4
  • Total Number Gas Meters: 3
  • Total Number Heating Units: 3
  • Total Number Water Heaters: 3
  • Total Number Water Meters: 1

MLS Schools

  • Middle School: Cambridge Comm

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2016
Closed on
Feb 9, 2017
Sold by
Dirck Donna M and Rishel Donna M
Bought by
Swanson Kenneth
Seller's Agent
Diana Franks
Mel Foster Co. Geneseo
Buyer's Agent
Hillary Walker
RE/MAX Concepts Bettendorf
List Price
$95,000
Sold Price
$70,000
Premium/Discount to List
-$25,000
-26.32%
Current Estimated Value
$119,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,457
Avg. Annual Appreciation
6.31%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Swanson Kenneth $70,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2017 02/15/17 Sold $70,000 -26.3% $6 / Sq Ft
12/15/2016 12/15/16 Pending -- -- --
11/21/2016 11/21/16 For Sale $95,000 -- $8 / Sq Ft
Source: RMLS Alliance

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 $2,069 $23,333 $10,083 $13,250
2023 $2,062 $23,333 $10,083 $13,250
2022 $2,135 $23,333 $10,083 $13,250
2021 $2,107 $23,333 $10,083 $13,250
2020 $2,091 $22,820 $9,861 $12,959
2019 $2,152 $23,333 $10,083 $13,250
2018 $2,159 $23,333 $10,083 $13,250
2017 $3,363 $35,636 $10,083 $25,553
2016 $3,216 $33,939 $9,603 $24,336
2015 $3,113 $33,939 $9,603 $24,336
2013 $3,113 $33,939 $9,603 $24,336
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC4177880

RMLS Alliance

APN: 18-07-404-004