NOT LISTED FOR SALE

110 W Locust St Lanark, IL 61046

Estimated Value: $19,548 - $61,000

-- Bed
3 Baths
1,500 Sq Ft
$26/Sq Ft Est. Value

Last Sold January 04, 2024

Last sale price $18,000 $12 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $252/month

19 Days on Market

Highlights

  • Air Conditioning
  • 1-Story Property
  • 5-minute walk to Lanark City Park
  • Eastland Elementary School Rated A-
  • Baseboard Heating

About This Home

As of January 2024

INVESTMENT OPPORTUNITY! Come check out this 3 Unit Rental located in Lanark, IL. This duplex is ready for improvements and a great rental opportunity. Whether you are looking to "House Hack" or invest in a property, come take a look! Building is being sold "AS-IS". Also includes MASSIVE garage behind building.

Last Agent to Sell the Property

Thomas Colloton

eXp Realty LLC License #475.207421 Listed on: 12/07/2023

eXp Realty LLC

Last Buyer's Agent

TY WINGERT

KELLER WILLIAMS REALTY SIGNATURE License #475143496

KELLER WILLIAMS REALTY SIGNATURE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 3,441

Home Design

  • Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Range

Schools

  • Eastland Elementary And Middle School
  • Eastland High School

Utilities

  • Air Conditioning
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Separate Meters
  • Separate Water Meter
  • Gas Water Heater

Community Details

  • 3 Units
  • 1-Story Building

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 1500
  • Front: 59
  • Grid: Carroll County
  • Legal Description: 42 RC/LIMA 654 LOT 1 (EX E 60' 6") & LOT 2 BLK 33 OT. 06-000-654-00
  • Lvt Date: 12/07/2023
  • Rear: 59
  • Side 1: 58
  • Side 2: 58
  • Style: 1 Story
  • Type: 3 - 4 Units
  • Number Of Floors In Bldg: 1
  • Number Of Tenants In Bldg: 1
  • Number Of Units In Bldg: 3
  • Agent Only_ L A1 User Code: 111104
  • Elementary School: Eastland
  • Estimated Total Finished Sq Ft: 1500
  • Hold Earnest Money Y N: No
  • Pertinent Facts: INVESTMENT OPPORTUNITY! Come check out this 3 Unit Rental located in Lanark, IL. This duplex is ready for improvements and a great rental opportunity. Whether you are looking to "House Hack" or invest in a property, come take a look! Building is being sold "AS-IS". Also includes MASSIVE garage behind building.
  • Designated Managing Broker Y N: No
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Separate Water Y N: Yes
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: No
  • Washer Dryer: No
  • Estimated Above Grade Sq Ft: 1500
  • L O1 Brokerage Number: 477014169
  • S O1 Brokerage Number: 481011083
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Sq Ft: 12

Exterior Features

  • Exterior: Siding

Garage/Parking

  • Total Numberof Parking Spaces: 2

Utilities

  • Cooling: Wall Unit
  • Heating: Baseboard
  • Sewer: City
  • Water: City
  • Water Heater: Gas
  • Separate Utilities: Yes

Schools

  • School District: Eastland
  • Elementary School: Eastland
  • Middle School: Eastland
  • High School: Eastland

Building Info

  • Year Built: 1924

Tax Info

  • Year: 2023
  • Taxes: 1538

MLS Schools

  • HighSchool: Eastland
  • School District: Eastland
  • Middle School: Eastland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 1996
Bought by
Milledgeville State Bank Tr 2010 & 1
Total Days on Market
19
Current Estimated Value
$38,387
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
Milledgeville State Bank Tr 2010 & 1 $27,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2024 01/04/24 Sold $18,000 -60.0% $12 / Sq Ft
12/26/2023 12/26/23 Pending -- -- --
12/07/2023 12/07/23 For Sale $45,000 0.0% $30 / Sq Ft
12/08/2014 12/08/14 Rented $365 0.0% --
12/06/2014 12/06/14 Under Contract -- -- --
08/08/2014 08/08/14 For Rent $365 +4.3% --
07/09/2014 07/09/14 Rented $350 0.0% --
07/01/2014 07/01/14 Under Contract -- -- --
03/22/2014 03/22/14 For Rent $350 -- --
Source: NorthWest Illinois Alliance 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
2023 $1,693 $20,868 $1,677 $19,191
2022 $1,517 $18,632 $1,497 $17,135
2021 $1,575 $18,632 $1,497 $17,135
2020 $1,512 $17,815 $1,497 $16,318
2019 $1,567 $17,815 $1,497 $16,318
2018 $1,570 $17,815 $1,497 $16,318
2017 $1,609 $17,815 $1,497 $16,318
2016 $1,662 $19,199 $1,497 $17,702
2015 $1,649 $19,199 $1,497 $17,702
2014 $1,635 $19,199 $1,497 $17,702
2013 $1,635 $19,199 $1,497 $17,702
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    Thomas Colloton

    eXp Realty LLC

    (815) 494-8232

    102 Total Sales

    Thomas Colloton
    Section Image

  • T

    Buyer's Agent in 2024

    TY WINGERT

    KELLER WILLIAMS REALTY SIGNATURE

    (815) 291-6689

    27 Total Sales

    TY WINGERT
    Section Image
  • Amy Barnes

    Seller's Agent in 2014

    Amy Barnes

    BARNES REALTY, INC.

    (815) 238-8360

    272 Total Sales

    Amy Barnes
    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202307046

NorthWest Illinois Alliance of REALTORS®

APN: 06-10-05-303-048

Illinois Carroll County Lanark 61046

110 W Locust St, Lanark, IL

This home is located at 110 W Locust St, Lanark, IL 61046 since 07 December 2023 and is currently estimated at $38,387, approximately $25 per square foot. This property was built in 1924. 110 W Locust St is a home located in Carroll County with nearby schools including Eastland Elementary School and Eastland Junior-Senior 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.

NorthWest Illinois Alliance of REALTORS® 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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