NOT LISTED FOR SALE

1087 W Main St Decatur, IL 62522

Near West Neighborhood

Estimated Value: $105,000 - $156,978

-- Bed
-- Bath
1,333 Sq Ft
$100/Sq Ft Est. Value

Last Sold January 16, 2024

Last sale price $112,000 $84 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $838/month

335 Days on Market

Highlights

  • Attic
  • Window Unit Cooling System
  • Heating System Uses Steam
  • Breakfast Area or Nook
  • 6 Car Garage

About This Home

As of January 2024

Let the Winery fix your lunch or dinner. Or, let the other food establishments fix your meals. Great opportunity to own an all brick apartment building 1 block from Millikin University. One apartment on the main floor. Two apartment on the 2nd floor. Long time tenants. Rents are low compared to other rentals in the area. New roof installed October 2022. Kitchen appliances are furnished. Basement could be improved to have a 4th apartment. Owner has been paying water, trash, sewer and gas. Units are in good shape. Live free by living in one unit and renting the others. Parking in the rear or on the main street.

Last Agent to Sell the Property

Joe Doolin

Brinkoetter REALTORS® License #471004286 Listed on: 10/25/2022

Last Buyer's Agent

Lisa Campbell

Lyle Campbell & Son Realtors License #471009648

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,848

Year Built

  • Built in 1935

Lot Details

  • 6,850 Sq Ft Lot
  • Lot Dimensions are 50 x 138

Parking

  • 6 Car Garage

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • 1,333 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Oven
  • Range with Range Hood

Laundry

  • Dryer
  • Washer

Schools

  • Dennis Elementary School
  • Johns Hill Middle School
  • Macarthur High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Heating System Uses Steam
  • Gas Water Heater

Listing and Financial Details

  • The owner pays for gas, hot water, sewer, taxes, trash collection
  • Assessor Parcel Number 04-12-15-158-006

Community Details

Overview

  • 3 Units
  • H S Evans Sub Subdivision

Building Details

  • Operating Expense $10

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,848

Year Built

Built in 1935

Lot Details

0

Parking

6

Listing Details

  • Above Grade Finished Sq Ft: 1333.0
  • Directions: First Apartment building east of the Winery on Main Street.
  • Lot Size Acres: 0.16
  • Lot Size: 50 x 138
  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Road Surface Type: Asphalt
  • Building Stories: 2
  • Subdivision Name: H S Evans Sub
  • Year Built: 1935
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Sub Type Additional: Triplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Unfinished, Full
  • Basement YN: Yes
  • Interior Amenities: Attic, Breakfast Area
  • Owner Pays: Gas, Hot Water, Sewer, Taxes, Trash Collection
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Brick
  • Roof: Other
  • Waterfront: No
  • Foundation Details: Basement

Garage/Parking

  • Garage Spaces: 6.0

Utilities

  • Cooling: Window Unit(s)
  • Heating: Gas, Steam
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Elementary School: Dennis
  • High School: Macarthur
  • Middle Or Junior School: Johns Hill
  • Junior High Dist: Decatur Dist 61

Lot Info

  • Lot Size Sq Ft: 6850.0
  • Parcel #: 04-12-15-158-006
  • Zoning: RES
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 10.0

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1848.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2023
Sold by
Meisenhelter Gregg A
Bought by
Amaissa Group Llc
Current Estimated Value
$133,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2009
Sold by
Eichenauer Nancy F
Bought by
Meisenhelter Gregg A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,849
Interest Rate
6%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Amaissa Group Llc $112,000 None Listed On Document
Amaissa Group Llc $112,000 None Listed On Document
Meisenhelter Gregg A $580,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Amaissa Group Llc $84,000
Previous Owner Meisenhelter Gregg A $191,849
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/16/2024 01/16/24 Sold $112,000 -5.9% $84 / Sq Ft
09/26/2023 09/26/23 Pending -- -- --
09/19/2023 09/19/23 Price Changed $119,000 -2.9% $89 / Sq Ft
08/23/2023 08/23/23 Price Changed $122,500 -5.8% $92 / Sq Ft
08/11/2023 08/11/23 Price Changed $130,000 -3.7% $98 / Sq Ft
08/08/2023 08/08/23 Price Changed $135,000 -10.0% $101 / Sq Ft
10/25/2022 10/25/22 For Sale $150,000 -- $113 / Sq Ft
Source: Central Illinois Board of REALTORS®

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 $5,202 $53,732 $1,601 $52,131
2023 $5,158 $51,830 $1,544 $50,286
2022 $2,318 $22,664 $1,797 $20,867
2021 $2,178 $21,165 $1,678 $19,487
2020 $1,784 $16,774 $1,600 $15,174
2019 $1,784 $16,774 $1,600 $15,174
2018 $1,768 $16,829 $1,605 $15,224
2017 $1,810 $17,278 $1,648 $15,630
2016 $1,844 $17,454 $1,665 $15,789
2015 $1,753 $17,146 $1,636 $15,510
2014 $1,640 $16,976 $1,620 $15,356
2013 $1,682 $17,614 $1,681 $15,933
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Joe Doolin

    Brinkoetter REALTORS®

    (217) 972-3322

    5 in this area

    363 Total Sales

    Joe Doolin
    Section Image

  • L

    Buyer's Agent in 2024

    Lisa Campbell

    Lyle Campbell & Son Realtors

    (217) 520-9583

    2 in this area

    65 Total Sales

    Lisa Campbell
    Section Image
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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6224679

APN: 04-12-15-158-006

Illinois Macon County Decatur 62522 Near West

1087 W Main St, Decatur, IL

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