NOT LISTED FOR SALE

112 N Cedar St Lexington, IL 61753

Estimated Value: $89,000 - $127,000

3 Beds
2 Baths
1,632 Sq Ft
$66/Sq Ft Est. Value

Last Sold January 19, 2018

Last sale price $70,000 $43 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $727/month

37 Days on Market

About This Home

As of January 2018

Great investment property in historic downtown Lexington. 2-unit brick apartment just north of the post office. Good Cash flow. Next to Kemp's Upper Tap. 1st floor has 2 bedrooms, kitchen, living room and bathroom. 2nd floor has a spacious one bedroom, living room, dining room, kitchen and bath. It may be possible for the 1st floor to be turned into a retail front (would take a zoning change). Landlord pays the water & sewer, tenants pay gas and electric. All appliances stay. Washer and dryer in the basement.

Last Agent to Sell the Property

Terrance Sullivan

Lyons Sullivan Realty Inc License #471000082 Listed on: 12/13/2017

Last Buyer's Agent

Terrance Sullivan

Lyons Sullivan Realty Inc License #471000082 Listed on: 12/13/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,384

Year Built

  • Built in 1919

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 50 x 50

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 1 Parking Space
  • Uncovered Parking

Schools

  • Lexington Elementary School
  • Lexington Jr High Middle School
  • Lexington High School

Utilities

  • Heating System Uses Natural Gas

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $9,850
  • Net Operating Income $5,577

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,384

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1919
  • Age: 91-100 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: 2
  • Total Bedrooms: 3
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Refrigerator,Stove
  • MRD_AppliancesAndFeatures: Refrigerator,Stove

Exterior Features

  • List Price: 70000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

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

Fee Information

  • Other Expenses $: 4273

Schools

  • Elementary School: LEXINGTON ELEMENTARY
  • High School: LEXINGTON HIGH SCHOOL
  • Middle/Junior School: LEXINGTON JR HIGH
  • Middle/Junior School District: 7

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 50 X 50
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 24

Multi Family

  • Net Operating Income: 5577
  • GrossIncome: 9850
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Tax Info

  • Tax Annual Amount: 1384.26
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2017
Closed on
Jan 19, 2018
Sold by
Woodburn Rentals Llc
Bought by
Bittner Terry L
Seller's Agent
Terrance Sullivan
Lyons Sullivan Realty Inc
Buyer's Agent
Terrance Sullivan
Lyons Sullivan Realty Inc
List Price
$70,000
Sold Price
$70,000
Current Estimated Value
$107,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,444
Avg. Annual Appreciation
5.68%

Purchase Details

Closed on
Mar 15, 2013
Sold by
Wright Charles A
Bought by
Woodburn Rentals Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bittner Terry L $65,000 Frontier Title Co
Woodburn Rentals Llc $37,500 Mclean County Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2018 01/19/18 Sold $70,000 0.0% $43 / Sq Ft
01/19/2018 01/19/18 Pending -- -- --
12/13/2017 12/13/17 For Sale $70,000 -- $43 / 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 $1,888 $24,462 $1,063 $23,399
2022 $1,888 $20,853 $906 $19,947
2021 $1,830 $20,176 $877 $19,299
2020 $1,810 $19,894 $865 $19,029
2019 $1,841 $20,265 $881 $19,384
2018 $1,455 $15,266 $890 $14,376
2017 $1,444 $15,159 $884 $14,275
2016 $1,384 $14,421 $841 $13,580
2015 $1,369 $14,308 $834 $13,474
2014 $1,244 $13,867 $393 $13,474
2013 -- $25,797 $393 $25,404
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10289852

Midwest Real Estate Data (MRED)

APN: 09-08-155-001