NOT LISTED FOR SALE

116 N Foley Ave Freeport, IL 61032

Estimated Value: $81,000 - $85,275

Studio
2 Baths
1,862 Sq Ft
$45/Sq Ft Est. Value

Last Sold January 05, 2022

Last sale price $59,000 $32 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $605/month

4 Days on Market

About This Home

As of January 2022

Spacious duplex pays you a 15 % pro forma return. Tenants pay all utilities. owner only pays taxes and insurance. Lower unit has newer high end cabinets and all vinyl windows. Newer roof. new gutters 2021.

Last Agent to Sell the Property

Brian Borchardt

A-1 AGENCY License #471004534 Listed on: 12/16/2021

Last Buyer's Agent

Ashley Heilman

Welcome Home NW Illinois, Inc. License #471.020126

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,674

Lot Details

  • 6,229

Parking

  • 4 Car Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Siding

Interior Spaces

  • 1,862 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup
  • Basement

Kitchen

  • Stove
  • Range

Outdoor Features

  • Play Equipment

Schools

  • Freeport 145 Elementary And Middle School
  • Freeport 145 High School

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Separate Water Meter
  • Gas Water Heater

Community Details

Overview

  • 2 Units
  • 2-Story Building

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,674

Lot Details

6,229 Sq Ft Lot

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Front: 62
  • General Features: Laundry in Building, Swing Set
  • Legal Description: PT LT 20 POWELL & WADDELL'S SUB
  • Lvt Date: 12/16/2021
  • Rear: 62
  • Side 1: 100
  • Side 2: 100
  • Style: 2 Story
  • Type: 2 Units
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 2
  • Number Of Units In Bldg: 2
  • Agent Only_ L A1 User Code: F_5
  • Elementary School: Freeport 145
  • Estimated Total Finished Sq Ft: 1862
  • Hold Earnest Money Y N: No
  • Pertinent Facts: Spacious duplex pays you a 15 % pro forma return. Tenants pay all utilities. owner only pays taxes and insurance. Lower unit has newer high end cabinets and all vinyl windows. Newer roof. new gutters 2021.
  • Designated Managing Broker Y N: Yes
  • Potential Annual Expenses: 2274
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Separate Water Y N: Yes
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: Yes
  • Washer Dryer: No
  • Estimated Above Grade Sq Ft: 1862
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes

Exterior Features

  • Exterior: Siding
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 4

Utilities

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

Tax Info

  • Year: 2020
  • Taxes: 1674

MLS Schools

  • HighSchool: Freeport 145
  • School District: Freeport 145
  • Middle School: Freeport 145

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2021
Closed on
Jan 6, 2022
Sold by
Cole Sandra
Bought by
Oaks Brenda and Isaacs Matthew
Seller's Agent
Brian Borchardt
A-1 AGENCY
Buyer's Agent
Ashley Heilman
Welcome Home NW Illinois, Inc.
List Price
$63,720
Sold Price
$59,000
Premium/Discount to List
-$4,720
-7.41%
Current Estimated Value
$83,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,069
Avg. Annual Appreciation
8.55%

Purchase Details

Closed on
May 24, 2004
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Oaks Brenda $56,500 --
-- $43,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2022 01/05/22 Sold $59,000 -7.4% $32 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
12/16/2021 12/16/21 For Sale $63,720 -- $34 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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 $2,132 $19,037 $2,479 $16,558
2023 $2,117 $16,649 $2,559 $14,090
2022 $2,067 $16,649 $2,559 $14,090
2021 $1,684 $12,865 $2,479 $10,386
2020 $1,674 $12,865 $2,479 $10,386
2019 $1,724 $13,073 $2,479 $10,594
2018 $1,686 $12,764 $2,479 $10,285
2017 $1,658 $12,548 $2,479 $10,069
2016 $1,655 $12,675 $2,479 $10,196
2015 $1,751 $13,601 $2,481 $11,120
2013 $1,715 $14,345 $2,617 $11,728
Source: Public Records

Agents Affiliated with this Home

  • Brian Borchardt

    Seller's Agent in 2022

    Brian Borchardt

    A-1 AGENCY

    (815) 238-2015

    226 in this area

    378 Total Sales

    Brian Borchardt
    Section Image
  • Ashley Heilman

    Buyer's Agent in 2022

    Ashley Heilman

    Welcome Home NW Illinois, Inc.

    (815) 291-8149

    52 in this area

    94 Total Sales

    Ashley Heilman
    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202108129

NorthWest Illinois Alliance of REALTORS®

APN: 18-13-36-276-011

Illinois Stephenson County Freeport 61032

116 N Foley Ave, Freeport, IL

Not Listed for Sale

MultiFamily

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