NOT LISTED FOR SALE

1030 W Iles Ave Springfield, IL 62704

Estimated Value: $250,395

-- Bed
-- Bath
1,842 Sq Ft
$136/Sq Ft Est. Value

Last Sold July 30, 2024

Last sale price $240,000 $130 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,713/month

7 Days on Market

About This Home

As of July 2024

Welcome to your investment opportunity in Jerome, Illinois! This six-unit multi-family apartment complex offers a perfect blend of modern comfort and desirable location. Each unit features two spacious bedrooms and a well-appointed bathroom, providing ample living space for tenants. Recent upgrades to HVAC systems, furnishes, roof, and windows ensure energy efficiency and tenant satisfaction. Nestled in the sought-after community of Jerome, this property benefits from it's proximity to local amenities, schools, and parks, making it an attractive choice for renters seeking convenience and quality of life. Additionally, all units include unfinished spaces, offering potential for additional storage or customization options. Don't miss out on this chance to own a turnkey investment property in Jerome - schedule your showing today and envision the future of thus prime real estate opportunity!

Last Agent to Sell the Property

Jerry George

The Real Estate Group, Inc. Brokerage Phone: 217-638-1360 License #475159363 Listed on: 06/20/2024

The Real Estate Group, Inc.

Last Buyer's Agent

Xuna Hu

The Real Estate Group, Inc. License #475189041

The Real Estate Group, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,773

Lot Details

  • Lot Dimensions are 160x55
  • Level Lot

Parking

  • 6 Parking Spaces

Home Design

  • 1,842 Sq Ft Home
  • Shingle Roof

Schools

  • Springfield District #186 High School

Utilities

  • Heating System Uses Gas

Additional Features

  • Unfinished Basement

Community Details

  • Trash Expense $36

Listing and Financial Details

  • Assessor Parcel Number 22-08.0-228-023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,773

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • New Construction: No
  • Structure Type: One Story
  • PricePerSqFt: 130.29
  • Attribution Contact: Pref: 217-638-1360
  • Special Features: None

Interior Features

  • Basement: Unfinished

Exterior Features

  • Lot Features: Level
  • Construction Type: Brick
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Other
  • Total Parking Spaces: 6

Utilities

  • Heating: Gas, Central Air
  • Water Sewer Expenses: 573
  • Water Source: Public Sewer, Public
  • GasExpense: 118
  • NumberOfWaterHeaters: 6
  • NumberOfHeatingUnits: 6
  • NumberOfCentralAirUnits: 6
  • NumberOfGasMeters: 6
  • NumberOfElectricMeters: 6
  • NumberofWaterMeters: 1
  • NumberOfRanges: 6
  • NumberofRefrigerators: 6

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Trash Expense: 36
  • AdvertisingExpense: 0

Schools

  • High School: Springfield District #186

Lot Info

  • Lot Size: 160x55
  • Parcel #: 22-08.0-228-023

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3773
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 65736
  • Annual Operating Expense: 2277

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2024
Closed on
Jul 29, 2024
Sold by
Up To Date Rentals Llc Series 5
Bought by
Fortune Venture Group Llc
Seller's Agent
Jerry George
The Real Estate Group, Inc.
Buyer's Agent
Xuna Hu
The Real Estate Group, Inc.
List Price
$480,000
Sold Price
$240,000
Premium/Discount to List
-$240,000
-50%
Views
33
Current Estimated Value
$250,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,395
Avg. Annual Appreciation
3.72%

Purchase Details

Closed on
May 22, 2019
Sold by
Sheriff Of Sangamon County
Bought by
Anderson Eric

Purchase Details

Closed on
Nov 29, 2004
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
Fortune Venture Group Llc $240,000 None Listed On Document
Anderson Eric $107,574 Faller Maureen
-- $215,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2024 07/30/24 Sold $240,000 -50.0% $130 / Sq Ft
06/27/2024 06/27/24 Pending -- -- --
06/20/2024 06/20/24 For Sale $480,000 -- $261 / Sq Ft
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 $4,619 $56,463 $6,661 $49,802
2023 $1,887 $21,784 $6,168 $15,616
2022 $1,811 $20,615 $5,837 $14,778
2021 $1,747 $19,807 $5,608 $14,199
2020 $1,686 $19,592 $5,547 $14,045
2019 $1,626 $19,249 $5,450 $13,799
2018 $3,626 $44,239 $5,427 $38,812
2017 $3,540 $43,560 $5,344 $38,216
2016 $3,433 $42,435 $5,206 $37,229
2015 $3,370 $41,476 $5,088 $36,388
2014 $3,313 $41,131 $5,046 $36,085
2013 $3,263 $41,572 $5,100 $36,472
Source: Public Records

Agents Affiliated with this Home

  • Jerry George

    Seller's Agent in 2024

    Jerry George

    The Real Estate Group, Inc.

    (217) 638-1360

    865 Total Sales

    Jerry George
    Section Image
  • Xuna Hu

    Buyer's Agent in 2024

    Xuna Hu

    The Real Estate Group, Inc.

    (847) 420-6588

    50 Total Sales

    Xuna Hu
    Section Image
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Map

Source: RMLS Alliance

MLS Number: CA1029924

RMLS Alliance

APN: 22-08.0-228-023

Illinois Sangamon County Springfield 62704

1030 W Iles Ave, Springfield, IL

This home is located at 1030 W Iles Ave, Springfield, IL 62704 since 20 June 2024 and is currently estimated at $250,395, approximately $135 per square foot. 1030 W Iles Ave is a home located in Sangamon County with nearby schools including Lindsay School, Benjamin Franklin Middle School, and Springfield Southeast High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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