NOT LISTED FOR SALE

114 Chestnut St Wenona, IL 61377

Estimated Value: $100,363

3 Beds
4 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold May 20, 2022

Last sale price $85,000

Est. 18% increase in value since last sale

Current estimated payment $632/month

204 Days on Market

About This Home

As of May 2022

INCOME PROPERTY ! Three residential units and a store front! Take a look at this low maintenance, masonry two story building. The main level has a store front and a one bedroom apartment and the upper level has two separate one bedroom apartments. The building has both front access from Chestnut Street as well as alley access. The units are approximately 20' x 30' and all units are currently occupied by tenants. The units all have electric baseboard heat. The store front is currently occupied by a hair salon and is located in the North block of Wenona's active business district. The vacancy rate has been minimal in the 15+ years that the seller has owned this income producing property. Don't Miss This Unique Opportunity for an investment property!

Last Agent to Sell the Property

Craig Meyer

Meyer-Jochums Agency License #471005506 Listed on: 09/20/2021

Last Buyer's Agent

Martha Moscosa

Janko Realty & Development - Peru

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,001

Year Built

  • Built in 1920 | Remodeled in 2012

Lot Details

  • 2,614

Parking

  • 4 Parking Spaces

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 4 Bathrooms

Schools

  • Fieldcrest Elementary School
  • Fieldcrest Jr High Middle School
  • Fieldcrest High School

Additional Features

  • Partial Basement
  • Lot Dimensions are 20 x 130
  • Heating Available

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,001

Year Built

Built in 1920 | Remodeled in 2012

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Other
  • New Construction: No
  • Subdivision Name: Not Applicable
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2012
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2012

Interior Features

  • Basement: Partial
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 1
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator
  • Room: 3

Exterior Features

  • List Price: 94500
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Water Source: Public

Condo/Co-op/Association

  • Conversion YN: N

Schools

  • Elementary School: Fieldcrest Elementary School
  • High School: Fieldcrest High School
  • Middle/Junior School: Fieldcrest Jr High
  • Middle/Junior School District: 6

Lot Info

  • Lot Dimensions: 20 X 130
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 23
  • TenantPays: Electric

Tax Info

  • Tax Annual Amount: 1001
  • Tax Year: 2020

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2021
Closed on
May 20, 2022
Bought by
Rogas Properties Llc
Seller's Agent
Craig Meyer
Meyer-Jochums Agency
Buyer's Agent
Martha Moscosa
Janko Realty & Development - Peru
List Price
$94,500
Sold Price
$85,000
Premium/Discount to List
-$9,500
-10.05%
Current Estimated Value
$100,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,363
Avg. Annual Appreciation
3.45%
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
Rogas Properties Llc $85,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2022 05/20/22 Sold $85,000 -10.1% --
04/13/2022 04/13/22 Pending -- -- --
09/20/2021 09/20/21 For Sale $94,500 -- --
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 $1,165 $12,132 $1,100 $11,032
2023 $1,165 $12,132 $1,100 $11,032
2022 $1,021 $10,721 $1,148 $9,573
2021 $1,030 $10,721 $1,148 $9,573
2020 $1,001 $10,348 $1,108 $9,240
2019 $978 $10,348 $1,108 $9,240
2018 $1,052 $11,516 $1,108 $10,408
2017 $1,316 $11,751 $1,131 $10,620
2016 $1,316 $12,370 $1,191 $11,179
2014 -- $13,021 $1,254 $11,767
2013 -- $13,021 $1,254 $11,767
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11223771

Midwest Real Estate Data (MRED)

APN: 07-24-277-012