NOT LISTED FOR SALE

110 E Illinois Ave Carterville, IL 62918

Estimated Value: $189,816

5 Beds
4 Baths
3,640 Sq Ft
$52/Sq Ft Est. Value

Sale Details

Date Sold: August 31, 2020

Last sale price $132,000 $36 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,016 / mo

26 Days on Market

Highlights

  • Central Air
  • Tri-C Elementary School Rated A-
  • Heating Available

About This Home

As of August 2020

Money Maker. Investors take a look at this seven unit apartment building that brings in annually approximately 36,000 when all units are rented. There are a variety of units available in this property including 1 and 2 bedroom apartments as well as studio apartments. Located in the middle of town this property is convenient and accessible to shops, stores, schools and other services. This might be the property you've been waiting for so don't delay. Schedule your showing TODAY!

Last Agent to Sell the Property

GARY WOODARD

Farmer & Co. Real Estate License #475163320 Listed on: 06/10/2020

Last Buyer's Agent

GARY WOODARD

Farmer & Co. Real Estate License #475163320 Listed on: 06/10/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,254

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 75 x 100

Home Design

  • 3,640 Sq Ft Home
  • Brick Exterior Construction

Utilities

  • Central Air
  • Window Unit Cooling System
  • Heating Available
  • Separate Meters

Community Details

Overview

  • 7 Units

Building Details

  • Trash Expense $480
  • Water Sewer Expense $2,280
  • Operating Expense $4,500
  • Gross Income $18,900
  • Net Operating Income $14,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,254

Year Built

Built in 1920

Lot Details

2,875 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Year Built: 1920
  • Built Before 1978 (Y/N): Yes
  • Legal Description: Cavetts and Picketts 1st addition lot 6, BLK 3, PLT 18
  • Estimated Age: Older
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Brick

Utilities

  • Cooling: Central Air, Window Unit(s)
  • Electric: Separate Meters
  • Heat/Ventilation: Electric

Fee Information

  • Trash Expense: 480
  • Water Sewer Expenses: 2280

Lot Info

  • Lot Dimensions: 75 x 100
  • Property Offered: For Sale Only

Building Info

  • BuildingAreaTotal: 3640

Rental Info

  • Board Number: 29

Multi Family

  • Net Operating Income: 14400
  • GrossIncome: 18900
  • NumberOfUnitsTotal: 7
  • OperatingExpense: 4500

Tax Info

  • Tax Annual Amount: 3253.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2020
Closed on
Aug 27, 2020
Sold by
Hecker Michelle L and Hecker Kyle
Bought by
Blue Gem Realty Llc
Seller's Agent
GARY WOODARD
Farmer & Co. Real Estate
Buyer's Agent
GARY WOODARD
Farmer & Co. Real Estate
List Price
$174,900
Sold Price
$132,000
Premium/Discount to List
-$42,900
-24.53%
Current Estimated Value
$189,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,816
Avg. Annual Appreciation
6.62%
Original Mortgage
$112,200
Outstanding Balance
$60,016
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$129,800

Purchase Details

Closed on
Apr 11, 2018
Sold by
John Snyder Erich
Bought by
Snyder Michelle L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Blue Gem Realty Llc $135,000 Johnson Schneider & Ferrell Ll
Snyder Michelle L -- Lawler Brown Law Firm
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blue Gem Realty Llc $112,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2020 08/31/20 Sold $132,000 -24.5% $36 / Sq Ft
07/06/2020 07/06/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $174,900 -- $48 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $207 $2,740 $2,740 $0
2024 $220 $2,740 $2,740 $0
2023 $207 $2,740 $2,740 $0
2022 $174 $2,320 $2,320 $0
2021 $171 $2,240 $2,240 $0
2020 $171 $2,120 $2,120 $0
2019 $158 $2,120 $2,120 $0
2018 $158 $2,120 $2,120 $0
2017 $152 $2,120 $2,120 $0
2015 $147 $2,010 $2,010 $0
2013 $123 $2,010 $2,010 $0
2012 $123 $2,010 $2,010 $0
Source: Public Records

Agents Affiliated with this Home

  • GARY WOODARD

    Seller's Agent in 2020

    GARY WOODARD

    Farmer & Co. Real Estate

    (618) 751-1823

    5 in this area

    109 Total Sales

    GARY WOODARD
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: EB434607

Midwest Real Estate Data (MRED)

APN: 05-02-352-014

Illinois Williamson County Carterville 62918

110 E Illinois Ave, Carterville, IL

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.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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