NOT LISTED FOR SALE

1179 E Main St Galesburg, IL 61401

Estimated Value: $57,000 - $141,000

3 Beds
2 Baths
1,878 Sq Ft
$46/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $16,500 $9 Per Sq Ft

Est. 423% increase in value since last sale

Current estimated payment $520/month

About This Home

As of May 2022

Looking for a project and ready to earn additional income? Then grab your tool belt and invest in this spacious 2-unit property conveniently located near shopping and restaurants. The large garage is an adding bonus for renters, or occupy one unit and rent the other to experience inexpensive living. Selling "AS IS."

Last Agent to Sell the Property

Chuck Ross

Mel Foster Co. Galesburg License #471017532 Listed on: 03/14/2022

Mel Foster Co. Galesburg

Last Buyer's Agent

Jackie Turner

Mel Foster Co. Galesburg License #471008334

Mel Foster Co. Galesburg

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1888

Lot Details

  • 0.36

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Brick Basement

Schools

  • Galesburg High School

Property Details

Home Type

Multi-Family

Year Built

Built in 1888

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story
  • Legal Description: CAMPBELLS ADD SUB OF LTS 1 & 2&E1/13 LT 3 BLK 2 LT 5 (EX N3'OF W64.25' & N5.5' OF E10' LT 5)
  • Lvt Date: 03/14/2022
  • Year Built: 1888
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dish Washers: 1
  • Number of Ranges: 1
  • Number Refrigerators: 1
  • Number Washers: 1
  • Basement: Brick, Unfinished
  • Price Per Sq Ft: 8.79
  • Total Sq Ft: 1878

Exterior Features

  • Exterior: Wood Siding
  • Road Access: Curbs & Gutters, Gravel, Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Detached
  • Number Parking Spaces: 2

Utilities

  • Heating Cooling: Forced Air, Gas, No Cooling, Water Heater - Gas
  • Water Sewer: Public Sewer, Public Water

Schools

  • High School: Galesburg
  • High School: Galesburg

Lot Info

  • Estimated Lot Size: 74.25 x 214.5
  • Lot Description: Level
  • Subdivision: Unavailable
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Tax Info

  • Annual Taxes: 1580.4
  • Parcel Id Number Tax Id: 9911453043
  • Tax Exemptions: Homestead/Owner Occupied
  • Tax Year: 20

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 10800
  • Total Number Electric Meters: 1
  • Total Number Gas Meters: 1
  • Total Number Heating Units: 2
  • Total Number Water Heaters: 1
  • Total Number Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2006
Sold by
Ross John L and Ross Catherine
Bought by
Simpson Joseph S and Simpson Sydney M
Current Estimated Value
$86,357
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
Simpson Joseph S -- Attorney Only
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2022 05/27/22 Sold $16,500 -17.1% $9 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
03/14/2022 03/14/22 For Sale $19,900 -- $11 / Sq Ft
Source: RMLS Alliance

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 $799 $8,610 $2,450 $6,160
2023 $799 $8,330 $2,370 $5,960
2022 $1,605 $16,930 $2,370 $14,560
2021 $1,555 $15,980 $2,240 $13,740
2020 $1,580 $15,980 $2,240 $13,740
2019 $1,562 $15,670 $2,200 $13,470
2018 $1,557 $15,670 $2,140 $13,530
2017 $1,525 $15,220 $2,080 $13,140
2015 -- $15,000 $2,050 $12,950
2013 $1,808 $19,860 $2,070 $17,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1012911

RMLS Alliance

APN: 99-11-453-043