NOT LISTED FOR SALE

1103 Post St Ottawa, IL 61350

Estimated Value: $239,738

4 Beds
3 Baths
-- Sq Ft
6,970 Sq Ft Lot

Last Sold April 26, 2024

Last sale price $240,000

Current estimated payment $1,782/month

11 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • 5-minute walk to Washington Park
  • 1 Car Detached Garage

About This Home

As of April 2024

Welcome to your next investment opportunity or dream home! Beautifully kept 2-story 3 unit property conveniently located close to downtown with natural woodwork throughout and a gorgeous wrap around front porch. This spacious and well-maintained property boasts a large main floor apartment with eat-in kitchen and separate dining room. This unit also has it's own washer and dryer hookups and full use of the one car garage. The other two units are on the upper level and have access to their own washer and dryer located off of the main entrance. This is a great rental investment, but could easily be converted back to a single family home.

Last Agent to Sell the Property

Kimberly Hanouw

TCG Realty License #475178903 Listed on: 03/27/2024

Co-Listed By

Gentry Nordstrom

TCG Realty License #471020495

Last Buyer's Agent

Kristen Overlock

Kale Realty License #475206503

Kale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,904

Year Built

  • Built in 1880

Lot Details

  • 6,970 Sq Ft Lot
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Schools

  • Jefferson Elementary: K-4Th Grad
  • Shepherd Middle School
  • Ottawa Township High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $3,555
  • Fuel Expense $1,673
  • Insurance Expense $1,600
  • Maintenance Expense $1,225
  • Manager Expense $3,664
  • Professional Management Expense $392
  • Trash Expense $408
  • Water Sewer Expense $965
  • Gross Income $36,410
  • Net Operating Income $21,758

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,904

Year Built

Built in 1880

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Professional Management Expense: 392
  • Year Built: 1880
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0

Exterior Features

  • List Price: 244900
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Manager Expense: 3664
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Fee Information

  • Trash Expense: 408
  • Water Sewer Expenses: 965
  • Other Expenses $: 1170
  • Trash Expense Year: 2023

Schools

  • Elementary School: Jefferson Elementary: K-4th Grad
  • High School: Ottawa Township High School
  • Middle/Junior School: Shepherd Middle School
  • Middle/Junior School District: 141

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.16
  • Lot Dimensions: 6829
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17

Multi Family

  • Net Operating Income: 21758
  • Fuel Expense: 1673
  • Insurance Expense: 1600
  • ElectricExpense: 3555
  • GrossIncome: 36410
  • Maintenance Expense: 1225
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat,2 Story Unit/s

Tax Info

  • Tax Annual Amount: 5904
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2024
Closed on
Apr 26, 2024
Sold by
Johnson Paul M and Johnson Sarah E
Bought by
1103 Post Street Llc
Seller's Agent
Kimberly Hanouw
TCG Realty
Buyer's Agent
Kristen Overlock
Kale Realty
List Price
$244,900
Sold Price
$240,000
Premium/Discount to List
-$4,900
-2%
Views
61
Current Estimated Value
$239,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$262

Purchase Details

Closed on
Aug 19, 2021
Sold by
Norem Corinne A and Bartoli Corinne A
Bought by
Johnson Paul M and Johnson Sarah E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2016
Sold by
Cantrall Aaron T and Cantrall Corinne A
Bought by
Norem Corinne A and Cantrall Corinne A

Purchase Details

Listed on
Aug 31, 2012
Closed on
Jun 19, 2013
Sold by
Jerrolds Johnson R
Bought by
Cantrall Aaron T and Cantrall Corinne A
Seller's Agent
George Shanley
Coldwell Banker Real Estate Group
Buyer's Agent
George Shanley
Coldwell Banker Real Estate Group
List Price
$120,000
Sold Price
$100,000
Premium/Discount to List
-$20,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,662
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 21, 2011
Sold by
Jerrolds Johnson R and Jerrolds Eileen R
Bought by
Jerrolds Johnson R and Johnson R Jerrolds Trust
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
1103 Post Street Llc $240,000 None Available
Johnson Paul M $175,000 None Available
Norem Corinne A -- --
Cantrall Aaron T $100,000 None Available
Jerrolds Johnson R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Paul M $140,000
Previous Owner Cantrall Aaron T $96,662
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/26/2024 04/26/24 Sold $240,000 -2.0% --
04/08/2024 04/08/24 Pending -- -- --
03/27/2024 03/27/24 For Sale $244,900 +144.9% --
06/19/2013 06/19/13 Sold $100,000 -16.7% $33 / Sq Ft View Prior Sale
04/04/2013 04/04/13 Pending -- -- --
10/23/2012 10/23/12 For Sale $120,000 0.0% $40 / Sq Ft
09/24/2012 09/24/12 Pending -- -- --
08/31/2012 08/31/12 For Sale $120,000 -- $40 / Sq Ft
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 $6,074 $64,975 $15,642 $49,333
2023 $6,212 $64,975 $15,642 $49,333
2022 $5,904 $61,298 $14,757 $46,541
2021 $5,946 $61,298 $14,757 $46,541
2020 $5,587 $58,229 $14,018 $44,211
2019 $5,713 $57,635 $13,875 $43,760
2018 $5,554 $56,251 $13,542 $42,709
2017 $5,343 $54,528 $13,127 $41,401
2016 $5,104 $52,190 $12,564 $39,626
2015 $4,822 $49,785 $11,985 $37,800
2012 -- $54,425 $13,102 $41,323
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12013840

Midwest Real Estate Data (MRED)

APN: 21-11-220021