NOT LISTED FOR SALE

1112 E 3rd St Sterling, IL 61081

Estimated Value: $57,000 - $123,000

3 Beds
2 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold May 09, 2024

Last sale price $33,000

Est. 152% increase in value since last sale

Current estimated payment $518/month

144 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Forced Air Heating System

About This Home

As of May 2024

Calling all investors! Bring in immediate cash flow with the opportunity to add tons of long term equity... This two unit residence has lots of potential and is priced to sell. Both units are currently occupied. Seller pays all utilities.

Last Agent to Sell the Property

JD Gieson

RE/MAX of Rock Valley License #475189224 Listed on: 11/27/2023

RE/MAX of Rock Valley

Last Buyer's Agent

JD Gieson

RE/MAX of Rock Valley License #475189224 Listed on: 11/27/2023

RE/MAX of Rock Valley

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 50x70

Home Design

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Off-Street Parking
  • Parking Included in Price

Additional Features

  • Basement Fills Entire Space Under The House
  • Deck
  • Forced Air Heating System

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Stone
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • OpenParkingSpaces: 4
  • Parking Features: Off Street
  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 50X70
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2522.7
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 1 Story Unit/s,2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2023
Closed on
May 9, 2024
Sold by
Rogers Charles A
Bought by
Bernice Llc
Seller's Agent
JD Gieson
RE/MAX of Rock Valley
Buyer's Agent
JD Gieson
RE/MAX of Rock Valley
List Price
$59,900
Sold Price
$33,000
Premium/Discount to List
-$26,900
-44.91%
Views
238
Current Estimated Value
$83,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,038
Avg. Annual Appreciation
76.14%

Purchase Details

Closed on
Sep 4, 2015
Sold by
Chuckwagon Inn Corporation
Bought by
Rogers Charles A

Purchase Details

Closed on
Mar 17, 2010
Sold by
Rogers Charles A and Rogers Arlene E
Bought by
Chuckwagon Inn Corporation

Purchase Details

Closed on
Dec 30, 2008
Sold by
Deutsche Bank National Trust Company
Bought by
Rogers Charles A and Rogers Arlene E

Purchase Details

Closed on
Aug 25, 2008
Sold by
Gapinski Donald
Bought by
Deutsche Bank National Trust Company
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 Buyer Sale Price Title Company
Bernice Llc $33,000 None Listed On Document
Rogers Charles A -- Attorney
Chuckwagon Inn Corporation -- None Available
Rogers Charles A $16,500 None Available
Deutsche Bank National Trust Company $36,125 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2024 05/09/24 Sold $33,000 -32.7% --
04/20/2024 04/20/24 Pending -- -- --
02/19/2024 02/19/24 Price Changed $49,000 -10.7% --
12/13/2023 12/13/23 Price Changed $54,900 -8.3% --
11/27/2023 11/27/23 For Sale $59,900 -- --
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 $2,741 $26,288 $2,564 $23,724
2023 $2,587 $24,677 $2,407 $22,270
2022 $2,523 $23,610 $2,303 $21,307
2021 $2,434 $22,265 $2,172 $20,093
2020 $2,367 $21,485 $2,096 $19,389
2019 $2,352 $21,095 $2,058 $19,037
2018 $1,640 $21,129 $2,061 $19,068
2017 $1,643 $14,793 $2,047 $12,746
2016 $1,601 $14,316 $1,981 $12,335
2015 $596 $5,728 $2,035 $3,693
2014 $1,528 $14,383 $1,990 $12,393
2013 $596 $5,728 $2,035 $3,693
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11937037

Midwest Real Estate Data (MRED)

APN: 1122335013