$350,000
$30K PRICE DROP

109 E Essex St Glasford, IL 61533

Estimated payment $2,380/month

Total Views 16,630
7 Beds
-- Bath
2,688 Sq Ft
$130 Price per Sq Ft

About This Home

Stabilized 6 unit multi family located in Glasford. All units have separate utility meters. 100% occupied. 1 4 unit building, 1 duplex building. additional garage currently used as a shop. Property is zoned for 1 additional duplex to be built. Lots of capital improvement in the last 2 years. New roofs in 2021. Property is easy to maintain, excellent for beginner investor. Agent Interest.

Listing Agent

Amber Neal

Jim Maloof Realty, Inc. Brokerage Phone: 309-696-9310 License #475178998 Listed on: 09/24/2024

Jim Maloof Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,185

Year Built

  • Built in 1992

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 100 x 125
  • Corner Lot
  • Level Lot

Home Design

  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 7 Bedrooms
  • 2,688 Sq Ft Home
  • Crawl Space

Parking

  • 10 Parking Spaces
  • On-Street Parking

Schools

  • Illini Bluffs High School

Utilities

  • Wall Furnace
  • Window Unit Heating System
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Hornbackers Subdivision
  • Trash Expense $2,194

Listing and Financial Details

  • Assessor Parcel Number 19-22-162-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,185

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1992
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: One Story
  • PricePerSqFt: 130.21
  • Attribution Contact: Pref: 309-696-9310
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Total Bedrooms: 7
  • Interior Amenities: Cable Available

Exterior Features

  • Lot Features: Corner Lot, Level
  • Road Surface Type: Paved
  • Construction Type: Vinyl Siding
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Guest, On Street, Other
  • Total Parking Spaces: 10

Utilities

  • Heating: Baseboard, Electric, Electric Water Heater, Wall Unit(s), Window Unit(s)
  • Electric Expense: 1084
  • Water Sewer Expenses: 535
  • Laundry Features: Owned Equipment, Units Hook-Ups
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 6
  • NumberOfHeatingUnits: 6
  • NumberOfCentralAirUnits: 0
  • NumberOfGasMeters: 0
  • NumberOfElectricMeters: 7
  • NumberofWaterMeters: 7
  • NumberOfRanges: 6
  • NumberofRefrigerators: 6
  • NumberOfWashers: 6
  • NumberOfDryers: 6
  • NumberOfDishwashers: 0
  • NumberOfWindowUnits: 6

Condo/Co-op/Association

  • Senior Community: No
  • LawnSnowRemoval: 730

Fee Information

  • Trash Expense: 2194
  • AdvertisingExpense: 0

Schools

  • High School: Illini Bluffs

Lot Info

  • Lot Size Acres: 0.29
  • Lot Size: 100 X 125
  • Parcel #: 19-22-162-004

Rental Info

  • Tenant Pays: All Utilities
  • Lease Term: Variable

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6185.46
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 53291
  • Annual Operating Expense: 9700

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $6,271 $70,590 $10,200 $60,390
2023 $6,185 $69,210 $10,000 $59,210
2022 $4,208 $46,900 $5,110 $41,790
2021 $4,136 $45,530 $4,960 $40,570
2020 $4,030 $44,630 $4,860 $39,770
2019 $3,996 $44,630 $4,860 $39,770
2018 $3,963 $44,630 $4,860 $39,770
2017 $3,937 $44,630 $4,860 $39,770
2016 $3,773 $44,190 $4,810 $39,380
2015 $3,503 $43,750 $4,760 $38,990
2014 $3,388 $42,960 $4,660 $38,300
2013 -- $41,920 $4,550 $37,370
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2025 03/09/25 Price Changed $350,000 -2.8% $130 / Sq Ft
12/19/2024 12/19/24 Price Changed $360,000 -2.7% $134 / Sq Ft
10/27/2024 10/27/24 Price Changed $370,000 -1.3% $138 / Sq Ft
10/02/2024 10/02/24 Price Changed $375,000 -1.3% $140 / Sq Ft
09/24/2024 09/24/24 For Sale $380,000 +68.9% $141 / Sq Ft
03/08/2022 03/08/22 Sold $225,000 -2.1% $84 / Sq Ft
01/14/2022 01/14/22 Pending -- -- --
12/22/2021 12/22/21 For Sale $229,900 -- $86 / Sq Ft
Source: RMLS Alliance

Purchase History

Date Type Sale Price Title Company
Warranty Deed $225,000 Miller Theresa
Warranty Deed $225,000 Miller Theresa
Warranty Deed $225,000 Miller Theresa
Quit Claim Deed -- Hasselberg Rock Bell & Kuppler
Deed $126,200 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $198,000 New Conventional
Closed $198,000 New Conventional
Closed $198,000 New Conventional
Source: Public Records

Source: RMLS Alliance

MLS Number: PA1253454

RMLS Alliance

APN: 19-22-162-004