NOT LISTED FOR SALE

110 S Main St Montgomery, IL 60538

Estimated Value: $263,000 - $777,856

34 Beds
15 Baths
-- Sq Ft
8,189 Sq Ft Lot

Last Sold May 15, 2015

Last sale price $328,000

Est. 69% increase in value since last sale

Current estimated payment $4,057/month

23 Days on Market

About This Home

As of May 2015

ONE OWNER BUILDING-WELL MAINTAINED-EXCELLENT RENTAL AREA. NOT SUBJECT TO AURORA LICENSING PROGRAM.CLOSE TO RT. 31 AND 25. CLOSE TO FIRE STATION. TENANTS CAN WALK ACROSS STREET TO CHURCH. #2 AND #4 VACANT-EASY TO SHOW. Note: Most units have an additional 1/2 bath. Tenants LOVE this. Coin operated laundry in building. 5 car attached garage with separate openers. Exp and Income potential are estimates.

Last Agent to Sell the Property

Kathy Brothers

Keller Williams Innovate - Aurora License #475125832 Listed on: 04/22/2015

Keller Williams Innovate - Aurora

Co-Listed By

Dennis Malmgren

RE/MAX Town & Country License #475144304

Last Buyer's Agent

Edward Kirch

Kirch Property Management License #471008409

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,441

Year Built

  • 1970

Lot Details

  • 8,189

Home Design

  • Aluminum Siding

Utilities

  • Cooling System Mounted In Outer Wall Opening

Community Details

  • Insurance Expense $1,900

Listing and Financial Details

  • Tenant pays for air conditioning, electric, heat

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,441

Year Built

1970

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Individual
  • Utilities To Site: Sanitary Sewer to Site, Water-Community
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Oper Income: 42200
  • Outdoor Parking: 1-5 Spaces
  • Repairs Decor Expense: 1000
  • Roof Coverings: Shingle Composition
  • Roof Structure: Hip
  • Scavenger Expense: 500
  • Total Annual Exp: 3800
  • Total Annual Income: 46000
  • Total Monthly Income: 4035
  • Number of Ranges: 5
  • Number Of Refrigs: 5
  • Number Of Window A C: 4
  • Number Of Stories: 2
  • Estimated Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1970

Exterior Features

  • Exterior Building Type: Aluminum Siding
  • Construction: Brick
  • Frontage Access: City Street

Garage/Parking

  • Indoor Parking: 1-5 Spaces
  • Number Of Parking Spaces: 5

Utilities

  • Air Conditioner: Wall Sleeve
  • Heatventilation: Electric
  • Water Expense: 1600

Condo/Co-op/Association

  • Units in Building: 5

Fee Information

  • Electricity Expense: 900
  • Electrical Service: Circuit Breakers

Lot Info

  • Lot Dimensions: 62X132
  • Parcel Identification Number: 1532427004

Rental Info

  • Gross Rental Income: 46700
  • Tenant Pays: Air Conditioning, Electric, Heat

Multi Family

  • Gross Rent Multiplier: 8
  • Insurance Expense: 1900

Tax Info

  • Taxes: 9100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2015
Closed on
May 13, 2015
Sold by
Logan Ivan E and Logan Doyle L
Bought by
Top Drawer Properties Llc Montgomery Ser
Seller's Agent
Kathy Brothers
Keller Williams Innovate - Aurora
Buyer's Agent
Edward Kirch
Kirch Property Management
List Price
$349,899
Sold Price
$328,000
Premium/Discount to List
-$21,899
-6.26%
Current Estimated Value
$555,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,714
Avg. Annual Appreciation
5.17%
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
Top Drawer Properties Llc Montgomery Ser $328,000 First American Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2015 05/15/15 Sold $328,000 -6.3% --
05/15/2015 05/15/15 Pending -- -- --
04/22/2015 04/22/15 For Sale $349,899 -- --
Source: Midwest Real Estate Data (MRED)

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 $13,441 $186,895 $10,082 $176,813
2023 $12,992 $166,990 $9,008 $157,982
2022 $12,267 $152,363 $8,219 $144,144
2021 $11,766 $141,852 $7,652 $134,200
2020 $14,800 $174,354 $7,108 $167,246
2019 $14,451 $161,544 $6,586 $154,958
2018 $13,877 $150,826 $6,092 $144,734
2017 $14,322 $150,826 $5,613 $145,213
2016 $13,024 $132,270 $5,064 $127,206
2015 -- $106,913 $4,355 $102,558
2014 -- $98,350 $4,002 $94,348
2013 -- $95,474 $4,249 $91,225
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08899848

Midwest Real Estate Data (MRED)

APN: 15-32-427-004