NOT LISTED FOR SALE

1013 W Church St Champaign, IL 61821

Estimated Value: $250,000 - $266,294

2 Beds
6 Baths
1,352 Sq Ft
$190/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $210,000 $155 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,884/month

1 Day on Market

Highlights

  • Forced Air Heating System
  • Central High School Rated A
  • 3-minute walk to Davidson Park

About This Home

As of December 2021

Looking to add to your investment portfolio? Here is a great opportunity. This 2-story home with approx. 2,625 sqft. has 6 units; there are 2 one-bedroom units w/ 1 full bath, the other 4 are efficiency units w/ 1 full bath. Shared laundry in the basement.

Last Agent to Sell the Property

Nick Taylor

Taylor Realty Associates License #471001633 Listed on: 11/12/2021

Last Buyer's Agent

Mark Panno

KELLER WILLIAMS-TREC License #475164947

KELLER WILLIAMS-TREC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,120

Year Built

  • Built in 1905

Lot Details

  • 8,581

Home Design

  • Aluminum Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 6 Bathrooms

Additional Features

  • 2-Story Property
  • Lot Dimensions are 59x147
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, varies by tenant

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $300
  • Fuel Expense $300
  • Insurance Expense $892
  • Maintenance Expense $2,083
  • Other Expense $1,000
  • Trash Expense $800
  • Operating Expense $13,970
  • Gross Income $31,320
  • Net Operating Income $15,784

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,120

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Other
  • Stories: 2
  • Year Built: 1905
  • Built Before 1978 (Y/N): Yes
  • Legal Description: LOT PT 9 ASSESSOR'S SUB OF N 1/2 S 1/2 NE 1/4 SE 1/4 SEC. 11-19-8
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 2
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • List Price: 210000
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Outdoor Parking: 1-5 Spaces
  • Indoor Parking: 1-5 Spaces

Utilities

  • Heat/Ventilation: Forced Air

Condo/Co-op/Association

  • Unincorporated (Y/N): No

Fee Information

  • Trash Expense: 800
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 59X147
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Varies by Tenant
  • Board Number: 22

Multi Family

  • Net Operating Income: 15784
  • Fuel Expense: 300
  • Insurance Expense: 892
  • ElectricExpense: 300
  • GrossIncome: 31320
  • Maintenance Expense: 2083
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 13970
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 5119.7
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2021
Closed on
Nov 24, 2021
Sold by
Hebbeler Ruth Neumann and William H Neumann Trust
Bought by
Hanzy Holdings Llc
Seller's Agent
Nick Taylor
Taylor Realty Associates
Buyer's Agent
Mark Panno
KELLER WILLIAMS-TREC
List Price
$210,000
Sold Price
$210,000
Current Estimated Value
$257,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,098
Avg. Annual Appreciation
6.48%
Original Mortgage
$168,000
Outstanding Balance
$156,406
Interest Rate
3.11%
Mortgage Type
Commercial
Estimated Equity
$108,720
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
Hanzy Holdings Llc $210,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanzy Holdings Llc $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2021 12/03/21 Sold $210,000 0.0% $155 / Sq Ft
11/14/2021 11/14/21 Pending -- -- --
11/12/2021 11/12/21 For Sale $210,000 -- $155 / Sq Ft
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 $5,791 $70,520 $12,840 $57,680
2023 $5,791 $64,220 $11,690 $52,530
2022 $5,448 $59,240 $10,780 $48,460
2021 $5,317 $58,080 $10,570 $47,510
2020 $5,120 $55,840 $10,160 $45,680
2019 $4,955 $54,690 $9,950 $44,740
2018 $4,844 $53,830 $9,790 $44,040
2017 $4,677 $51,760 $9,410 $42,350
2016 $4,194 $50,700 $9,220 $41,480
2015 $4,226 $49,810 $9,060 $40,750
2014 $4,190 $49,810 $9,060 $40,750
2013 $4,153 $49,810 $9,060 $40,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11269513

Midwest Real Estate Data (MRED)

APN: 42-20-11-430-003