NOT LISTED FOR SALE

113 S Ward St Stockton, IL 61085

Estimated Value: $93,881

-- Bed
-- Bath
2,568 Sq Ft
$37/Sq Ft Est. Value

Last Sold November 29, 2023

Last sale price $82,500 $32 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $639/month

14 Days on Market

Highlights

  • Forced Air Heating System
  • Laundry Facilities
  • 1-minute walk to Stockton Park District
  • Stockton Elementary School Rated A-

About This Home

As of November 2023

Sharp 3-Plex with all separate utilities . 15 % + pro forma return. Maintenance free, great rental history. Start making your fortune today !

Last Agent to Sell the Property

Brian Borchardt

A-1 AGENCY License #471004534 Listed on: 09/20/2023

Last Buyer's Agent

Katie McPeek

JIM SULLIVAN REALTY License #475133587

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,103

Year Built

  • Built in 1940

Lot Details

  • 6,098

Parking

  • 8 Car Parking Spaces

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,568 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup
  • Basement

Kitchen

  • Stove
  • Range

Schools

  • Stockton Elementary And Middle School
  • Stockton High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Electric Water Heater

Community Details

Overview

  • 3 Units
  • 2-Story Building

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,103

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 1284
  • Front: 60
  • General Features: Laundry in Building
  • Grid: Jo Daviess County
  • Legal Description: CARPENTER'S ORIGINAL TOWN BLOCK 2 LOT 3
  • Lvt Date: 09/20/2023
  • Rear: 60
  • Side 1: 160
  • Side 2: 160
  • Style: 2 Story
  • Type: 3 - 4 Units
  • Annual Insurance Expense: 563
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 2
  • Number Of Units In Bldg: 3
  • Agent Only_ L A1 User Code: F_5
  • Elementary School: Stockton
  • Estimated Total Finished Sq Ft: 2568
  • Hold Earnest Money Y N: No
  • Pertinent Facts: Sharp 3-Plex with all separate utilities . 15 % + pro forma return. Maintenance free, great rental history. Start making your fortune today !
  • Designated Managing Broker Y N: Yes
  • Separate Electric: No
  • Separate Heat: Yes
  • Separate Water Y N: No
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: Yes
  • Washer Dryer: No
  • Estimated Above Grade Sq Ft: 2568
  • L O1 Brokerage Number: 478026897
  • S O1 Brokerage Number: 478012972
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Price Per Sq Ft: 32.13
  • Basement: Yes

Exterior Features

  • Exterior: Vinyl
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 8

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: City
  • Water: City
  • Water Heater: Electric
  • Separate Utilities: Yes

Schools

  • School District: Stockton
  • Elementary School: Stockton
  • Middle School: Stockton
  • High School: Stockton

Building Info

  • Year Built: 1940

Tax Info

  • Year: 2022
  • Taxes: 2103

MLS Schools

  • HighSchool: Stockton
  • School District: Stockton
  • Middle School: Stockton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2023
Closed on
Nov 29, 2023
Sold by
Shultis M M 34 Trust No
Bought by
Mcpeek Robert J and Mcpeek Robert J
Seller's Agent
Brian Borchardt
A-1 AGENCY
Buyer's Agent
Katie McPeek
JIM SULLIVAN REALTY
List Price
$89,900
Sold Price
$82,500
Premium/Discount to List
-$7,400
-8.23%
Views
9
Current Estimated Value
$93,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,381
Avg. Annual Appreciation
7.04%
Original Mortgage
$66,000
Outstanding Balance
$63,104
Interest Rate
6.77%
Mortgage Type
Construction
Estimated Equity
$30,777
Source: Public Records

Range of Values:

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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
Mcpeek Robert J $78,500 Security First Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcpeek Robert J $66,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2023 11/29/23 Sold $82,500 -8.2% $32 / Sq Ft
10/04/2023 10/04/23 Pending -- -- --
09/29/2023 09/29/23 For Sale $89,900 0.0% $35 / Sq Ft
09/22/2023 09/22/23 Pending -- -- --
09/20/2023 09/20/23 For Sale $89,900 -- $35 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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 $1,718 $21,026 $7,666 $13,360
2023 $2,098 $23,087 $7,666 $15,421
2022 $2,098 $23,087 $7,666 $15,421
2021 $1,756 $18,761 $4,960 $13,801
2020 $1,835 $18,761 $4,960 $13,801
2019 $1,795 $18,761 $4,960 $13,801
2018 $1,848 $18,761 $4,960 $13,801
2017 $1,808 $18,760 $4,960 $13,800
2016 $1,821 $18,760 $4,960 $13,800
2015 $1,821 $18,760 $4,960 $13,800
2014 $1,784 $18,623 $4,953 $13,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202305499

NorthWest Illinois Alliance of REALTORS®

APN: 17-001-006-00