NOT LISTED FOR SALE

102 S Main St Ladd, IL 61329

Estimated Value: $266,627

-- Bed
7 Baths
5,304 Sq Ft
$50/Sq Ft Est. Value

Last Sold February 09, 2021

Last sale price $130,000 $25 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $1,923/month

133 Days on Market

Highlights

  • Brick Exterior Construction
  • Central Heating
  • Hot Water Heating System

About This Home

As of February 2021

Extra lot with this 2 story brick & stone 8 unit apartment building with off street parking. Most appliances to remain. Owner pays utilities. Unit #8 is 2 bedroom, 1 bath, see Broker Remarks for rental information. Additional lot to south is used for tenant parking, PIN #1809483005.

Last Agent to Sell the Property

Wendy Fulmer

Coldwell Banker Today's, Realtors Listed on: 08/27/2020

Coldwell Banker Today's, Realtors

Co-Listed By

Robert Huber

Coldwell Banker Today's, Realtors

Last Buyer's Agent

Bonnie Lester

Coldwell Banker Today's, Realtors

Coldwell Banker Today's, Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,843

Lot Details

  • 9,168 Sq Ft Lot
  • Lot Dimensions are 74x123
  • Property fronts a highway
  • Additional Parcels

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation
  • Rubber Roof
  • Stone Siding

Interior Spaces

  • 5,304 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Exterior Basement Entry

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Hot Water Heating System

Community Details

Overview

  • 8 Units

Building Details

  • Electric Expense $12,059
  • Fuel Expense $4,527
  • Insurance Expense $4,000
  • Operating Expense $29,230
  • Gross Income $52,800
  • Net Operating Income $23,569

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,843

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Exterior Entrance
  • Stories: 2
  • Built Before 1978 (Y/N): No
  • Information: 48-Hr Notice Required
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Possible Use: Multi-Family
  • Basement Description: Unfinished,Exterior Access
  • Refrigerators: 8
  • Ranges: 7
  • Number of Windows: 7
  • Room: 2
  • Room: 3
  • Room: 2

Exterior Features

  • Construction Materials: Brick, Stone
  • Foundation Details: Brick/Mortar
  • Frontage Type: City Street, US Highway
  • List Price: 142900
  • Roof: Rubber
  • Exterior Building Type: Brick,Stone
  • Roof Structure: Flat
  • Misc Outside: Storms and Screens (as exist)

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers
  • Utilities: Sanitary Sewer, Water-Community
  • Heat/Ventilation: Central Bldg Heat,Hot Water
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Unincorporated (Y/N): Yes
  • Owners Association (Y/N): No

Fee Information

  • Janitor Expense: 0

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.21
  • Lot Dimensions: 74X123
  • Lot Size Sq Ft: 9168
  • Zoning: COMMR

Rental Info

  • Tenant Pays: None
  • Board Number: 18

Building Info

  • BuildingAreaTotal: 5304

Multi Family

  • Net Operating Income: 23569
  • Fuel Expense: 4527
  • Insurance Expense: 4000
  • ElectricExpense: 12059
  • GrossIncome: 52800
  • NumberOfUnitsTotal: 8
  • OperatingExpense: 29230
  • Expense Year: 2019
  • Type Multi-Family: Corridor-Exterior Entrance

Tax Info

  • Tax Annual Amount: 5843
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2020
Closed on
Feb 3, 2021
Sold by
Beach Rex and Eric Beach Last Will & Testame
Bought by
Marquette Real Estate Llc
Seller's Agent
Wendy Fulmer
Coldwell Banker Today's, Realtors
Buyer's Agent
Bonnie Lester
Coldwell Banker Today's, Realtors
List Price
$178,900
Sold Price
$130,000
Premium/Discount to List
-$48,900
-27.33%
Current Estimated Value
$266,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,627
Avg. Annual Appreciation
16.85%
Original Mortgage
$97,500
Outstanding Balance
$90,732
Interest Rate
4.75%
Mortgage Type
Commercial
Estimated Equity
$170,469

Purchase Details

Closed on
Apr 30, 2010
Sold by
Vogt Harley R and Vogt Alice
Bought by
Beach Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,800
Interest Rate
5.05%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Marquette Real Estate Llc $130,000 None Available
Beach Eric $151,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marquette Real Estate Llc $97,500
Previous Owner Beach Eric $124,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2021 02/09/21 Sold $130,000 -9.0% $25 / Sq Ft
01/07/2021 01/07/21 Pending -- -- --
01/05/2021 01/05/21 Price Changed $142,900 -7.7% $27 / Sq Ft
12/11/2020 12/11/20 Price Changed $154,900 -6.1% $29 / Sq Ft
10/22/2020 10/22/20 Price Changed $164,900 -7.8% $31 / Sq Ft
08/27/2020 08/27/20 For Sale $178,900 -- $34 / 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 $5,416 $50,452 $2,301 $48,151
2023 $5,416 $47,311 $2,158 $45,153
2022 $5,205 $43,641 $1,991 $41,650
2021 $2,830 $45,893 $1,879 $44,014
2020 $5,484 $44,060 $1,804 $42,256
2019 $5,396 $43,107 $1,765 $41,342
2018 $5,275 $41,982 $1,719 $40,263
2017 $5,211 $41,114 $1,683 $39,431
2016 $5,258 $40,792 $1,670 $39,122
2015 -- $39,258 $0 $39,258
2014 -- $40,934 $1,676 $39,258
2013 -- $42,738 $1,750 $40,988
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10838141

Midwest Real Estate Data (MRED)

APN: 18-09-483-004