NOT LISTED FOR SALE

1103 E Washington St Clinton, IL 61727

Estimated Value: $157,000 - $205,000

8 Beds
5 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold September 22, 2023

Last sale price $140,000

Est. 22% increase in value since last sale

Current estimated payment $1,234/month

15 Days on Market

Highlights

  • Traditional Architecture
  • Enclosed Patio or Porch
  • Ceiling Fan
  • Corner Lot
  • 1 Car Attached Garage
  • Multiple Water Heaters

About This Home

As of September 2023

This four unit rental property is located on a corner lot and part of the basement area and garage area are in the Flood Plain. The units are all rented and the #1 apartment has a one car tandem garage. The owner has a Contract with Terminix for treatment plan quarterly for $125 per quarter and $250 per year inspection plan and both are transferable to the New Owner or Owners. Roof is 3 to 4 years old, Furnaces are 18 to 26 years old, Central Air Conditioner Units are 18 to 26 years old. WARNING: PLEASE BE CAREFUL, When going down the basement steps there is a huge drop-off from one step to another step. PLEASE BE CAREFUL. PICKUP KEYS TO APARTMENTS AT OFFICE. The owner is Selling the Property in AS-IS CONDITION and All Inspections are for Buyers Use Only.

Last Agent to Sell the Property

Harlan Powers

Home Sweet Home Realty License #475129351 Listed on: 07/19/2023

Last Buyer's Agent

Eddie Mullins

RE/MAX REALTY ASSOCIATES-CHA License #475131641

RE/MAX REALTY ASSOCIATES-CHA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,509

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 55.50 x 135
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 1 Car Attached Garage
  • Garage Transmitter
  • Tandem Garage
  • Garage Door Opener
  • Off-Street Parking
  • Parking Included in Price

Home Design

  • Traditional Architecture
  • Brick Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 5 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Clinton Elementary School
  • Clinton Junior High School
  • Clinton High School

Utilities

  • Heating System Uses Natural Gas
  • Multiple Water Heaters
  • Gas Water Heater

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $3,200
  • Professional Management Expense $500
  • Trash Expense $376
  • Water Sewer Expense $720
  • Gross Income $23,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,509

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Professional Management Expense: 500
  • Subdivision Name: Not Applicable
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Flood Zone,Flood Zone (Partial)
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 5
  • Total Bedrooms: 8
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump, Multiple Water Heaters, Water Heater-Gas
  • Room Type: Kitchen, Enclosed Porch
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 5
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer
  • Room: 4

Exterior Features

  • Foundation Details: Brick/Mortar
  • List Price: 140000
  • Lot Features: Corner Lot, Sidewalks, Streetlights
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Off Street
  • ParkingTotal: 4
  • Number of Cars: 5
  • Garage Details: Garage Door Opener(s),Transmitter(s),Tandem
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Conversion YN: Y

Fee Information

  • Trash Expense: 376
  • Water Sewer Expenses: 720
  • Other Expenses $: 900

Schools

  • Elementary School: Clinton Elementary School
  • High School: Clinton High School
  • Middle/Junior School: Clinton Junior High School
  • Middle/Junior School District: 15

Lot Info

  • Lot Size Acres: 0.17
  • Lot Dimensions: 55.50 X 135
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 23
  • Is Parking Included in Price: Yes
  • TenantPays: Electric,Gas,Heat

Multi Family

  • Insurance Expense: 3200
  • GrossIncome: 23700
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Story Unit/s

Tax Info

  • Tax Annual Amount: 1508.8
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2023
Sold by
Billman Bailey and Billman Ethan
Bought by
Purple Duck Llc
Current Estimated Value
$170,258

Purchase Details

Listed on
Jul 19, 2023
Closed on
Sep 22, 2023
Sold by
Peavler David Lee and Peavler Penny Jo
Bought by
Billman Bailey and Billman Ethan
Seller's Agent
Harlan Powers
Home Sweet Home Realty
Buyer's Agent
Eddie Mullins
RE/MAX REALTY ASSOCIATES-CHA
List Price
$140,000
Sold Price
$140,000
Views
43

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.18%
Original Mortgage
$112,000
Interest Rate
7.75%
Mortgage Type
New Conventional
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
Purple Duck Llc -- None Listed On Document
Billman Bailey $140,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Billman Bailey $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2023 09/22/23 Sold $140,000 0.0% --
08/04/2023 08/04/23 Pending -- -- --
07/19/2023 07/19/23 For Sale $140,000 -- --
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 $3,699 $47,333 $1,488 $45,845
2023 $1,487 $32,218 $1,355 $30,863
2022 $1,509 $30,394 $1,278 $29,116
2021 $1,512 $29,509 $1,241 $28,268
2020 $2,003 $29,509 $1,241 $28,268
2019 $2,015 $29,509 $1,241 $28,268
2018 $1,953 $28,817 $1,212 $27,605
2017 $1,915 $28,097 $1,165 $26,932
2016 $1,872 $27,546 $1,142 $26,404
2015 $1,811 $27,546 $1,142 $26,404
2014 $1,811 $27,546 $1,142 $26,404
2013 -- $27,546 $1,142 $26,404
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11836322

Midwest Real Estate Data (MRED)

APN: 07-35-127-003