NOT LISTED FOR SALE

102 E 8th St Delavan, IL 61734

Estimated Value: $174,771 - $226,000

8 Beds
4 Baths
4,060 Sq Ft
$49/Sq Ft Est. Value

Last Sold October 06, 2021

Last sale price $132,000 $33 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,446/month

28 Days on Market

About This Home

As of October 2021

Profitable 4-plex for sale in Delavan close to school and businesses. $2000 a month in revenue, tenants pay their own utilities, low maintenance. Tons of recent upgrades including -- new roof and new paint and vinyl flooring in common areas in 2020, back fill around the building in 2019 and a new water heater in Unit 4, new parking lot and barriers added in 2017, flooring in all Units, new exterior building paint, new gutters and new water heaters in units 1 and 3 in 2017 as well. Great investment opportunity. Let your money work for you!! Basement offers laundry hookups for each apartment on the tenants utility lines.

Last Agent to Sell the Property

Jared Litwiller

Freedom Realty License #475155972 Listed on: 07/02/2021

Last Buyer's Agent

Jared Litwiller

Freedom Realty License #475155972 Listed on: 07/02/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,553

Year Built

  • Built in 1978

Lot Details

  • 8,320

Home Design

  • Quadruplex

Schools

  • Delavan High School

Additional Features

  • Unfinished Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,553

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Four-Plex
  • Legal Description: DIST:210 SEC/TWN/RNG/MER:SEC 10 TWN 22N RNG 04W SEC 10 T22N R4W HALL & LAFEVERS ADDN WLY PART OF SL
  • Lvt Date: 07/02/2021
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Price Per Sq Ft: 32.51
  • Total Sq Ft: 4060

Exterior Features

  • Exterior: Vinyl Siding
  • Roofing: Shingles

Garage/Parking

  • Number Parking Spaces: 4

Utilities

  • Heating Cooling: Gas, Wall Units
  • Water Sewer: Public Sewer, Public Water
  • Electric Expense: 480
  • Garbage Collection Exp: 1440

Schools

  • High School: Delavan
  • High School: Delavan

Lot Info

  • Estimated Lot Size: 110x75
  • Subdivision: Not Available
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Rental Info

  • Gross Annual Rent Income: 24000

Tax Info

  • Annual Taxes: 4553
  • Parcel Id Number Tax Id: 212110320018
  • Tax Year: 2019

Multi Family

  • Total Number Units: 4
  • Gross Annual Income: 48000
  • Total Number Electric Meters: 4
  • Total Number Gas Meters: 4
  • Total Number Heating Units: 4
  • Total Number Water Heaters: 4
  • Total Number Water Meters: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2021
Closed on
Oct 6, 2021
Sold by
Glenn Bros Inc
Bought by
Springer Christopher
Seller's Agent
Jared Litwiller
Freedom Realty
Buyer's Agent
Jared Litwiller
Freedom Realty
List Price
$145,000
Sold Price
$132,000
Premium/Discount to List
-$13,000
-8.97%
Current Estimated Value
$199,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,943
Avg. Annual Appreciation
10.97%
Original Mortgage
$99,000
Outstanding Balance
$91,755
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$108,188

Purchase Details

Listed on
Mar 17, 2016
Closed on
Jan 25, 2017
Sold by
Clark Gayln B and Lu Ann E W 110 Ft W Sublot A Lot 2 Bloc
Bought by
Glenn Bros Inc
Seller's Agent
Jared Litwiller
Freedom Realty
Buyer's Agent
Brad Glenn
BNG Realty
List Price
$145,000
Sold Price
$107,500
Premium/Discount to List
-$37,500
-25.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.47%
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
Springer Christopher $132,000 Mcgrath Law Office Pc
Glenn Bros Inc $107,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Springer Christopher $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2021 10/06/21 Sold $132,000 0.0% $33 / Sq Ft
10/06/2021 10/06/21 Sold $132,000 0.0% --
09/16/2021 09/16/21 Off Market $132,000 -- --
07/30/2021 07/30/21 Pending -- -- --
07/30/2021 07/30/21 Pending -- -- --
07/22/2021 07/22/21 Price Changed $139,900 -3.5% $34 / Sq Ft
07/02/2021 07/02/21 For Sale -- -- --
07/02/2021 07/02/21 For Sale $145,000 +9.8% $36 / Sq Ft
06/30/2021 06/30/21 Off Market $132,000 -- --
05/24/2021 05/24/21 Price Changed $145,000 -3.3% --
04/07/2021 04/07/21 For Sale $150,000 +13.6% --
04/02/2021 04/02/21 Off Market $132,000 -- --
01/18/2021 01/18/21 For Sale $150,000 0.0% --
12/14/2020 12/14/20 Pending -- -- --
09/11/2020 09/11/20 For Sale $150,000 +39.5% --
01/27/2017 01/27/17 Sold $107,500 -25.9% --
12/30/2016 12/30/16 Pending -- -- --
03/17/2016 03/17/16 For Sale $145,000 -- --
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 $4,630 $55,350 $2,630 $52,720
2023 $4,630 $50,280 $2,390 $47,890
2022 $4,799 $50,570 $2,170 $48,400
2021 $4,617 $48,630 $2,090 $46,540
2020 $4,640 $48,630 $2,090 $46,540
2019 $4,553 $48,630 $2,090 $46,540
2018 $4,563 $48,630 $2,090 $46,540
2017 $4,535 $47,670 $2,050 $45,620
2016 $4,490 $47,670 $2,050 $45,620
2015 $4,042 $0 $0 $0
2013 $3,994 $47,670 $2,050 $45,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: PA1226486

RMLS Alliance

APN: 21-21-10-320-018