NOT LISTED FOR SALE

116 N Side Square Unit 118 & 116 NORTH SIDE Macomb, IL 61455

5 Beds
3 Baths
12,118 Sq Ft
1900 Built

Last Sold December 22, 2015

Last sale price $110,000 $9 Per Sq Ft

206 Days on Market

Highlights

  • Forced Air Heating System
  • Level Lot
  • 2-minute walk to Chandler Park
  • Baseboard Heating

About This Home

As of December 2015

TWO BUILDINGS LOCATED DOWNTOWN MACOMB, 116 HAS STORE FRONT THAT IS LEASED @ $650 A MONTH ENDING 9/1/2016 AND HAS 1872 SF. 116 ALSO HAS 4 APARTMENTS ONE CURRENTLY LEASED @ $530 A MONTH ON MONTH TO MONTH LEASE. 118 HAS STORE FRONT THAT IS LEASED @ $650 A MONTH ENDING 10/1/2016 AND HAS 3022 SF, 118 HAS 5 APARTMENTS, ONE IS LEASED @ $430 A MONTH ON A MONTH TO MONTH LEASE. POTENTIAL FOR MORE INCOME WITH ALL APARTMENTS RENTED. OWNER PAYS WATER & GARBAGE, TENANTS PAY ELECTRIC & GAS, APARTMENTS ARE ALL ELECTRIC HEAT. THESE FIGURES CAN CHANGE DO TO BANK OWNED PROPERTY.

Last Agent to Sell the Property

Steve Silberer

C21 Purdum-Epperson Inc Brokerage Phone: 309-255-3968 License #471004172 Listed on: 05/11/2015

Last Buyer's Agent

Gene Curtis

RE/MAX Unified Brokers License #471001319

RE/MAX Unified Brokers

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • Level Lot

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof

Interior Spaces

  • 12,118 Sq Ft Home
  • Partial Basement

Schools

  • Macomb High School

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Gas

Community Details

  • Trash Expense $1,000

Listing and Financial Details

  • Tenant pays for gas & electric
  • Assessor Parcel Number 11-100-181-00 & 180-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1900
  • New Construction: No
  • Structure Type: Apartment Building
  • PricePerSqFt: 9.08
  • Exemptions: N
  • Attribution Contact: Pref: 309-255-3968
  • Special Features: None

Interior Features

  • Basement: Partial

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Curbs & Gutters
  • Construction Type: Brick
  • Roof: Composition, Other

Garage/Parking

  • Total Parking Spaces: 4

Utilities

  • Heating: Baseboard, Electric, Forced Air, Gas, Central Air
  • Water Sewer Expenses: 1500
  • Laundry Features: Common Area
  • Water Source: Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 6
  • NumberOfHeatingUnits: 11
  • NumberOfCentralAirUnits: 2
  • NumberOfGasMeters: 2
  • NumberOfElectricMeters: 11
  • NumberofWaterMeters: 1

Fee Information

  • Trash Expense: 1000
  • AdvertisingExpense: 0

Schools

  • High School: Macomb

Lot Info

  • Lot Size: 26X174&26X111
  • Parcel #: 11-100-181-00 & 180-00

Rental Info

  • Tenant Pays: Gas & Electric
  • Lease Term: Variable

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 8947.4

Multi Family

  • Number Of Units Total: 11
  • Annual Gross Income: 27120
  • Annual Operating Expense: 2500

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
12/22/2015 12/22/15 Sold $110,000 -43.6% $9 / Sq Ft
12/03/2015 12/03/15 Pending -- -- --
05/11/2015 05/11/15 For Sale $195,000 -- $16 / Sq Ft
Source: RMLS Alliance

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Steve Silberer

    Seller's Agent in 2015

    Steve Silberer

    C21 Purdum-Epperson Inc

    (309) 255-3968

    386 Total Sales

    Steve Silberer
    Section Image
  • Gene Curtis

    Buyer's Agent in 2015

    Gene Curtis

    RE/MAX Unified Brokers

    (309) 255-0227

    186 Total Sales

    Gene Curtis
    Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: PA1167946

RMLS Alliance

Illinois Mcdonough County Macomb 61455

116 N Side Square Unit 118 & 116 NORTH SIDE, Macomb, IL

This home is located at 116 N Side Square Unit 118 & 116 NORTH SIDE, Macomb, IL 61455 since 11 May 2015. This property was built in 1900. 116 N Side Square Unit 118 & 116 NORTH SIDE is a home located in McDonough County with nearby schools including Lincoln Elementary School, Edison Elementary School, and Macomb Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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