NOT LISTED FOR SALE

101 E Springfield Rd Arcola, IL 61910

Estimated Value: $126,150

2 Beds
3 Baths
-- Sq Ft
6,970 Sq Ft Lot

Last Sold April 30, 2020

Last sale price $83,500

Est. 51% increase in value since last sale

Current estimated payment $905/month

82 Days on Market

About This Home

As of April 2020

Great investment opportunity with $1250 in monthly income! Unit one and two offer a one bed, one bath apartment, with open concept floor plans, large living rooms, and kitchens! Unit three is a commercial unit that offers a spacious back room and waiting room as well as a half bath. Both apartments have new central air systems and the building has a new roof as of 2019. Parking on both sides of the building offers ample parking for residents as well as customers for the commercial unit. Don't wait, schedule a tour today!

Last Agent to Sell the Property

Ryan Dallas

RYAN DALLAS REAL ESTATE License #475143433 Listed on: 12/12/2019

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,584

Year Built

  • Built in 1970

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 72x76

Home Design

  • Slate Roof

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 3 Bathrooms

Parking

  • 6 Parking Spaces
  • Uncovered Parking
  • Visitor Parking
  • Off-Street Parking
  • Parking Included in Price
  • Unassigned Parking

Schools

  • Arcola Elementary School
  • Arcola Junior High School
  • Arcola High School

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,584

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1970
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: FREEMANS BLK IN HENRYS ADDN LOT 4 (LESS S8.06' RT 133 ROW)
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Window Air Conditioner

Exterior Features

  • Roof: Slate
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Block,Other

Garage/Parking

  • Parking Features: Unassigned, Off Street, Visitor Parking
  • ParkingTotal: 6
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Other
  • Water Source: Public

Schools

  • Elementary School: Arcola Elementary School
  • High School: Arcola High School
  • Middle/Junior School: Arcola Junior High School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.16
  • Lot Dimensions: 72X76
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2584.22
  • Tax Year: 2018
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 1 Story Unit/s

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2019
Closed on
Apr 29, 2020
Sold by
B & G Rental Properties Llc
Bought by
Plank Timothy
Seller's Agent
Ryan Dallas
RYAN DALLAS REAL ESTATE
Buyer's Agent
Non Member
NON MEMBER
List Price
$99,900
Sold Price
$83,500
Premium/Discount to List
-$16,400
-16.42%
Current Estimated Value
$126,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,650
Avg. Annual Appreciation
7.53%

Purchase Details

Closed on
Jan 22, 2013
Source: Public Records
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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
Plank Timothy $83,500 --
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2020 04/30/20 Sold $83,500 -16.4% --
03/03/2020 03/03/20 Pending -- -- --
12/12/2019 12/12/19 For Sale $99,900 -- --
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 $2,956 $36,132 $3,943 $32,189
2023 $2,785 $32,446 $3,541 $28,905
2022 $2,512 $29,396 $3,847 $25,549
2021 $2,468 $27,975 $3,661 $24,314
2020 $2,398 $27,060 $3,541 $23,519
2019 $2,323 $27,060 $3,541 $23,519
2018 $2,584 $29,679 $3,493 $26,186
2015 $1,967 $28,452 $3,200 $25,252
2014 $1,967 $21,142 $2,990 $18,152
2013 $2,072 $21,142 $2,990 $18,152
2012 $2,072 $22,399 $3,168 $19,231
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10591240

Midwest Real Estate Data (MRED)

APN: 01-14-04-431-017