101 S Center St Colfax, IL 61728
Estimated payment $2,084/month
About This Home
Located in the heart of Colfax this 7 unit apartment building is an investors dream! Updated roof in 2024 and long time renters! Leases are up at the end of March 2025 and the financials speak for themselves. Do not miss out on this great opportunity and schedule your showing today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,625
Year Built
- Built in 1874
Additional Features
- 2-Story Property
- Lot Dimensions are 50x130
- Central Heating
Community Details
Overview
- 7 Units
Building Details
- Electric Expense $200
- Insurance Expense $412
- Operating Expense $8,964
- Gross Income $4,400
- Net Operating Income $43,836
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,491 | $19,394 | $1,545 | $17,849 |
| 2022 | $1,491 | $15,816 | $1,260 | $14,556 |
| 2021 | $1,407 | $14,964 | $1,192 | $13,772 |
| 2020 | $1,384 | $14,640 | $1,166 | $13,474 |
| 2019 | $1,384 | $14,640 | $1,166 | $13,474 |
| 2018 | $1,299 | $14,178 | $1,129 | $13,049 |
| 2017 | $1,211 | $13,832 | $1,101 | $12,731 |
| 2016 | $1,187 | $13,669 | $1,088 | $12,581 |
| 2015 | $1,211 | $13,976 | $1,112 | $12,864 |
| 2014 | $1,165 | $13,874 | $1,104 | $12,770 |
| 2013 | -- | $14,665 | $1,167 | $13,498 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/01/2025 01/01/25 | For Sale | $369,000 | 0.0% | -- |
| 12/31/2024 12/31/24 | Off Market | $369,000 | -- | -- |
| 10/02/2024 10/02/24 | For Sale | $369,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12161284
APN: 17-03-283-001
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. 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. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
- 203 N Center St
- 210 W North St
- 303 S Grove St
- 320 E Main St
- 501 N Center St
- 417 Sunset Dr
- 33022 E 1900 Rd N
- 77 Acre Plot Off E 2150 Rd N
- 80 Acres E 2000 Rd N
- 103 S Walnut St
- 23875 E 00 Rd N
- 10714 N 3300 East Rd
- 37322 Comanche Dr
- 302 N East St
- 105 Melissa Dr
- 208 N East St
- 101 S Oak St
- 207 N Oak St
- 12584 N 4100 Rd E
- 201 S Benson St
- 1111 Ekstam Dr
- 3620 Chardonnay Ct
- 1016 Haeffele Way
- 1106 Lockenvitz Ln Unit 4
- 1285 Healing Stone Ct
- 3005 Lisa Dr
- 404 E Maple St
- 2101 General Electric Rd
- 1-7 Keisha Dr
- 2716 Rainbow Ave
- 2 Andy Ct Unit 3
- 3407 Bohmer Dr Unit 1
- 18 Fetzer Ct
- 1824 Parkway Ct
- 1411 N Hershey Rd
- 515 Greenbriar Dr
- 1702-1710 Clearwater Ave
- 1570 Hunt Dr
- 2506-2512 E Washington St
- 101 N Williamsburg Dr