$140,000
SOLD MAY 2, 2025

1101 W Walnut St Marion, IL 62959

-- Bed
-- Bath
-- Sq Ft
10,846 Sq Ft Lot

Recently Sold

3% Below List Price

11 Days on Market

About This Home

As of May 2025

Great investment opportunity with this fully rented tri plex in a great location in Marion! 3 units rented at $500/month. Call for your private showing today!

Last Agent to Sell the Property

Robert Thompson

COLDWELL BANKER J D THOMPSON License #471019013 Listed on: 03/25/2025

COLDWELL BANKER J D THOMPSON

Last Buyer's Agent

Kaitlynn Morgan

House 2 Home Realty Marion License #475.133544

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,427

Year Built

  • Built in 1980

Lot Details

  • Lot Dimensions are 151.5x76
  • Level Lot

Home Design

  • Block Foundation
  • Vinyl Siding

Schools

  • Marion High School

Utilities

  • Heating Available
  • Electric Water Heater

Community Details

Overview

  • Oj Pages Subdivision

Building Details

  • Gross Income $18,000
  • Net Operating Income $14,573

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,427

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • New Construction: No
  • Subdivision Name: OJ Pages
  • Year Built: 1980
  • Age: 41-50 Years
  • Legal Description: Lot 1 Blk 2 OJ Pages 2nd Addition
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Other Equipment: Water Heater-Electric

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Block
  • Lot Features: Level

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Water Source: Public

Schools

  • High School: Marion

Lot Info

  • Lot Dimensions: 151.5x76

Rental Info

  • Board Number: 29

Multi Family

  • Net Operating Income: 14573
  • GrossIncome: 18000

Tax Info

  • Tax Annual Amount: 3426.6
  • Tax Year: 2023
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2025
Closed on
May 2, 2025
Sold by
Mccrary Developments Llc
Bought by
Susman Robert M and Susman Christine L
Seller's Agent
Robert Thompson
COLDWELL BANKER J D THOMPSON
Buyer's Agent
Kaitlynn Morgan
House 2 Home Realty Marion
List Price
$145,000
Sold Price
$140,000
Premium/Discount to List
-$5,000
-3.45%
Views
39
Current Estimated Value
$167,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,281
Avg. Annual Appreciation
26.40%

Purchase Details

Closed on
Mar 28, 2018
Sold by
W Meeks I Llc
Bought by
Mccrary Developments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,000
Interest Rate
4.99%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $140,000 None Listed On Document
Warranty Deed $140,000 None Listed On Document
Warranty Deed $78,000 Patchett Hampson And Garrison
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $940,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2025 05/02/25 Sold $140,000 -3.4% --
04/05/2025 04/05/25 Pending -- -- --
03/25/2025 03/25/25 For Sale $145,000 -- --
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 $3,427 $50,120 $4,890 $45,230
2024 $3,427 $50,120 $4,890 $45,230
2023 $3,427 $44,210 $4,310 $39,900
2022 $3,253 $46,540 $4,540 $42,000
2021 $3,172 $44,860 $4,380 $40,480
2020 $3,172 $42,390 $4,140 $38,250
2019 $3,218 $42,390 $4,140 $38,250
2018 $3,218 $42,390 $4,140 $38,250
2017 $3,160 $42,390 $4,140 $38,250
2015 $3,062 $40,150 $3,920 $36,230
2013 $2,647 $40,150 $3,920 $36,230
2012 $2,647 $40,150 $3,920 $36,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: EB457256

Midwest Real Estate Data (MRED)

APN: 06-24-136-006