NOT LISTED FOR SALE

101c 2nd Ave Colona, IL 61241

Estimated Value: $161,304

Studio
-- Bath
2,734 Sq Ft
$59/Sq Ft Est. Value

Last Sold December 15, 2021

Last sale price $62,500 $23 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $1,077/month

934 Days on Market

About This Home

As of December 2021

**Blk 1 Reese Gardens City of Green Rock. Two units 16x50 each with restroom in each unit. Each has separate electric, heat & A/C with carpeting. Each unit rents for $550/mo. Third unit is unfinished storage unit with drive-in door. Per Seller: Roof approx 5 yrs. This place is ready for your storage needs & business office.

Last Agent to Sell the Property

Glee May

NextHome QC Realty License #475.138722 Listed on: 05/10/2019

NextHome QC Realty

Last Buyer's Agent

Lisa DeLoose

KW 1Advantage License #S39204000/475.136997

KW 1Advantage

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,034

Year Built

  • Built in 1965

Lot Details

  • 8,276

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for insurance, gas, electric, heating, cooling
  • The owner pays for real estate taxes, insurance, water/sewer

Property Details

Property Type

Other

Est. Annual Taxes

$3,034

Year Built

Built in 1965

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete, Carpeted
  • Other Access: None
  • Total Building Sq Ft: 2734
  • Estimated Lot Sq Ft: 125x70x108x72

Exterior Features

  • Exterior Finish: Brick, Wood Siding
  • Frontage Access: Frontage Road, Corner Lot
  • Insulation: Unknown
  • Roof Construction: Comp Shingle
  • Wall Construction: Brick, Frame

Garage/Parking

  • Numberparking Spaces Allocated: 10

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas, Electric, Individual Units
  • Water Supply: Municipal/City

Lot Info

  • Estimated Number of Acres: 0.19
  • Zoning: Commercial
  • Geo Subdivision: IL
  • Property Use: Other Property Use, Office Building

Rental Info

  • Monthly Lease Rate: 550
  • Owner Pays: Real Estate Taxes, Insurance, Water/Sewer
  • Sale Lease Includes: Building, Land
  • Tenant Pays: Insurance, Gas, Electric, Heating, Cooling
  • Terms Lease: N/A

Tax Info

  • Annual Taxes: 3033.64
  • Parcel Id Number Tax Id: 06-10-231-014
  • Tax Incentive: None
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2024
Sold by
Morrison Marlo G
Bought by
Sauer Carson
Current Estimated Value
$161,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Outstanding Balance
$125,125
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$36,179

Purchase Details

Closed on
Dec 27, 2024
Sold by
Xtreme Properties Llc
Bought by
Fhg Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Outstanding Balance
$125,125
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$36,179

Purchase Details

Listed on
May 10, 2019
Closed on
Dec 13, 2021
Sold by
Barrera Pedro
Bought by
Xtreme Properties Llc
Seller's Agent
Glee May
NextHome QC Realty
Buyer's Agent
Lisa DeLoose
KW 1Advantage
List Price
$81,900
Sold Price
$62,500
Premium/Discount to List
-$19,400
-23.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.93%

Purchase Details

Closed on
Jul 28, 2011
Sold by
Ih Mississippi Valley Credit Union
Bought by
Barrera Pedro

Purchase Details

Closed on
Jan 5, 2011
Sold by
Colona Self Storage Inc and Henson Terry L
Bought by
Ih Mississippi Valley Credit Union
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Sauer Carson $10,000 None Listed On Document
Fhg Enterprises Llc $157,500 None Listed On Document
Xtreme Properties Llc -- None Listed On Document
Xtreme Properties Llc -- Pepping Balk Kincaid & Olson L
Barrera Pedro $55,000 None Available
Ih Mississippi Valley Credit Union $69,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sauer Carson $126,000
Closed Fhg Enterprises Llc $126,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2021 12/15/21 Sold $62,500 -16.7% $23 / Sq Ft
11/29/2021 11/29/21 Pending -- -- --
08/05/2021 08/05/21 Price Changed $75,000 -3.8% $27 / Sq Ft
02/09/2021 02/09/21 Price Changed $78,000 -4.8% $29 / Sq Ft
05/10/2019 05/10/19 For Sale $81,900 -- $30 / Sq Ft
Source: RMLS Alliance

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 $2,743 $29,702 $3,949 $25,753
2023 $2,893 $29,702 $3,949 $25,753
2022 $2,952 $29,702 $3,949 $25,753
2021 $3,068 $30,463 $4,710 $25,753
2020 $3,034 $29,792 $4,606 $25,186
2019 $3,079 $30,463 $4,710 $25,753
2018 $3,048 $30,463 $4,710 $25,753
2017 $2,988 $30,463 $4,710 $25,753
2016 $2,836 $29,013 $4,486 $24,527
2015 $2,354 $29,013 $4,486 $24,527
2013 $2,354 $29,013 $4,486 $24,527
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC7040510

RMLS Alliance

APN: 06-10-231-014

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