NOT LISTED FOR SALE

1024 S Kunkle Blvd Freeport, IL 61032

Studio
19 Baths
11,458 Sq Ft
1991 Built

Last Sold August 19, 2013

Last sale price $460,000 $40 Per Sq Ft

289 Days on Market

Highlights

  • Deck
  • Brick or Stone Mason
  • Coin Laundry
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • Washer and Dryer

About This Home

As of August 2013

"This property is unique! 10 Unit building consists of 9 Two BR units (1070 SF) and One 1 BR unit (800 SF). Two BR units have two full baths (Master bath w/walk-in closet), FP and A/C. 8 heated garages. Originally built for condo use, it is already zoned R6 condominium, enabling an investor to pursue this option if desired. This is an upscale custom built apartment complex offering your tenants Security & Intercom systems. Units attract professional career based tenants. Location is ideal: next to Highland Community College and near hospital, country club, golf course and Krape Park."

Last Agent to Sell the Property

Brian Borchardt

A-1 AGENCY License #471004534 Listed on: 09/11/2012

Last Buyer's Agent

Brian Borchardt

A-1 AGENCY License #471004534 Listed on: 09/11/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,692

Year Built

  • Built in 1991

Home Design

  • Brick or Stone Mason
  • Shingle Roof

Interior Spaces

  • 11,458 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Washer and Dryer

Kitchen

  • Stove
  • Range
  • Dishwasher
  • Disposal

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Freeport 145 Elementary And Middle School
  • Freeport 145 High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater

Community Details

Overview

  • 10 Units
  • 2-Story Building

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,692

Year Built

Built in 1991

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Disposal, Dishwasher, Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Front: 141
  • General Features: Deck, Porch Covered
  • Rear: 141
  • Side 1: 200
  • Side 2: 200
  • Style: 2 Story
  • Type: 5+ Units
  • Total Assessed Value: 163330
  • Number Of Floors In Bldg: 2
  • Number Of Units In Bldg: 10
  • Agent Only_ L A1 User Code: F_5
  • Elementary School: Freeport 145
  • Estimated Total Finished Sq Ft: 11458
  • Pertinent Facts: "This property is unique! 10 Unit building consists of 9 Two BR units (1070 SF) and One 1 BR unit (800 SF). Two BR units have two full baths (Master bath w/walk-in closet), FP and A/C. 8 heated garages. Originally built for condo use, it is already zoned R6 condominium, enabling an investor to pursue this option if desired. This is an upscale custom built apartment complex offering your tenants Security & Intercom systems. Units attract professional career based tenants. Location is ideal: next to Highland Community College and near hospital, country club, golf course and Krape Park."
  • Designated Managing Broker Y N: Yes
  • Potential Annual Expenses: 26159
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Washer Dryer Coin Operated: Yes
  • Washer Dryer Hookups: No
  • Washer Dryer: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Type: Full
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone
  • Roof: Shingle

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Sewer: City
  • Water: City
  • Water Heater: Natural Gas

Building Info

  • Year Built: 1991

Tax Info

  • Year: 2011
  • Taxes: 17692

MLS Schools

  • HighSchool: Freeport 145
  • School District: Freeport 145
  • Middle School: Freeport 145
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2013 08/19/13 Sold $460,000 -14.7% $40 / Sq Ft
06/27/2013 06/27/13 Pending -- -- --
09/11/2012 09/11/12 For Sale $539,000 -- $47 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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 $20,726 $185,104 $19,710 $165,394
2023 $22,189 $174,494 $18,580 $155,914
2022 $21,658 $174,494 $18,580 $155,914
2021 $22,131 $169,050 $18,000 $151,050
2020 $21,995 $169,050 $18,000 $151,050
2019 $22,287 $169,041 $17,997 $151,044
2018 $21,751 $164,642 $17,997 $146,645
2017 $21,754 $164,642 $17,997 $146,645
2016 $21,504 $164,642 $17,997 $146,645
2015 $21,202 $164,642 $17,997 $146,645
2013 $18,877 $157,858 $17,252 $140,606
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 125939

NorthWest Illinois Alliance of REALTORS®
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