NOT LISTED FOR SALE

102 S Main St Ladd, IL 61329

Ladd Area

Estimated Value: $284,904

Studio
7 Baths
5,304 Sq Ft
$54/Sq Ft Est. Value

Sale Details

Date Sold: February 9, 2021

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

Est. 119% increase in value since last sale

Current estimated payment $2,036 / mo

133 Days on Market

Highlights

  • Brick Exterior Construction
  • Hot Water Heating System
  • 3-minute walk to War Memorial Park
  • Central Heating

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 Listed on: 08/27/2020

Coldwell Banker Today's

Co-Listed By

Robert Huber

Coldwell Banker Today's

Last Buyer's Agent

Bonnie Lester

Coldwell Banker Today's

Coldwell Banker Today's
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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

9,168 Sq Ft Lot

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
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Materials: Brick, Stone
  • Foundation Details: Brick/Mortar
  • Frontage Type: City Street, US Highway
  • 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

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
  • Type Multi-Family: Corridor-Exterior Entrance

Tax Info

  • Tax Annual Amount: 5843
  • Tax Year: 2019

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2020
Closed on
Feb 3, 2021
Sold by
Bought by
Seller's Agent
Wendy Fulmer
Coldwell Banker Today's
Buyer's Agent
Bonnie Lester
Coldwell Banker Today's
List Price
$178,900
Sold Price
$130,000
Premium/Discount to List
-$48,900
-27.33%
Current Estimated Value
$284,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,904
Avg. Annual Appreciation
15.54%
Original Mortgage
$97,500
Outstanding Balance
$88,427
Interest Rate
4.75%
Mortgage Type
Commercial
Estimated Equity
$201,405

Purchase Details

Closed on
Apr 30, 2010
Sold by
Bought by

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Ladd, IL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$130,000 None Available
$151,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $97,500
Previous Owner $124,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,670 $54,771 $2,498 $52,273
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

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