NOT LISTED FOR SALE

118 E Railroad St Lena, IL 61048

-- Bed
6 Baths
7,278 Sq Ft
0.53 Acres

Last Sold June 28, 2018

Last sale price $159,900 $22 Per Sq Ft

374 Days on Market

Highlights

  • Covered Patio or Porch
  • Brick or Stone Mason
  • Coin Laundry
  • Lena-Winslow Junior High School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of June 2018

REDUCED! Great opportunity here. Upper two floors have been totally remodeled and seller is in the process of finishing the main floor. Five single bedroom apartments and three two bedroom apartments. Historic brick building with new roof and all new windows and mechanicals. Potential for one or two more apartments in lower level. Coin operated laundry in lower level. All appliances included. The building has been remodeled to look close to original. Beautiful wood work, wide hallways and stairs. Seller is going to continue to finish main level so selling price may have to change to reflect additional work. Adjoining 55 x 150 lot included. Tax ID # 11-07-33-329-010. Three apartments rented. Two bedroom $550.00, two bedroom $500.00, one bedroom $425.00. Tenants pay their own utilities. Price increase due to seller is continuing to remodel.

Last Agent to Sell the Property

Mike Mahoney

JIM SULLIVAN REALTY License #471.020030 Listed on: 05/08/2017

Last Buyer's Agent

Mike Mahoney

JIM SULLIVAN REALTY License #471.020030 Listed on: 05/08/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,013

Year Built

  • Built in 1906

Lot Details

  • 0.53

Home Design

  • 7,278 Sq Ft Home
  • Brick or Stone Mason
  • Rubber Roof

Kitchen

  • Stove
  • Range

Outdoor Features

  • Covered Patio or Porch

Schools

  • Lewin Elementary And Middle School
  • Lewin High School

Utilities

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

Community Details

Overview

  • 6 Units
  • 3-Story Building

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,013

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Front: 100
  • General Features: Porch Covered
  • Grid: Stephenson County
  • Lvt Date: 05/09/2017
  • Rear: 100
  • Side 1: 150
  • Side 2: 150
  • Type: 5+ Units
  • Number Of Floors In Bldg: 3
  • Number Of Units In Bldg: 6
  • Agent Only_ L A1 User Code: F_147
  • Elementary School: LeWin
  • Estimated Total Finished Sq Ft: 7278
  • Hold Earnest Money Y N: No
  • Pertinent Facts: REDUCED! Great opportunity here. Upper two floors have been totally remodeled and seller is in the process of finishing the main floor. Five single bedroom apartments and three two bedroom apartments. Historic brick building with new roof and all new windows and mechanicals. Potential for one or two more apartments in lower level. Coin operated laundry in lower level. All appliances included. The building has been remodeled to look close to original. Beautiful wood work, wide hallways and stairs. Seller is going to continue to finish main level so selling price may have to change to reflect additional work. Adjoining 55 x 150 lot included. Tax ID # 11-07-33-329-010. Three apartments rented. Two bedroom $550.00, two bedroom $500.00, one bedroom $425.00. Tenants pay their own utilities. Price increase due to seller is continuing to remodel.
  • Designated Managing Broker Y N: No
  • Separate Electric: Yes
  • Washer Dryer Coin Operated: Yes
  • Washer Dryer Hookups: No
  • Washer Dryer: No
  • L O1 Brokerage Number: 478012972
  • S O1 Brokerage Number: 478012972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Sq Ft: 21.97

Exterior Features

  • Exterior: Brick/Stone
  • Roof: Rubber

Utilities

  • Cooling: Central Air
  • Heating: Electric, Forced Air, Natural Gas
  • Sewer: City
  • Water Heater: Electric

Schools

  • School District: LeWin
  • Elementary School: LeWin
  • Middle School: LeWin
  • High School: LeWin
  • Elementary School #2: LeWin

Building Info

  • Year Built: 1906

Tax Info

  • Year: 2016
  • Taxes: 2013

MLS Schools

  • HighSchool: LeWin
  • School District: LeWin
  • Middle School: LeWin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2017
Closed on
Jul 5, 2018
Sold by
Robert Delaney
Bought by
Whatever We Endeavor Llc
Seller's Agent
Mike Mahoney
JIM SULLIVAN REALTY
Buyer's Agent
Mike Mahoney
JIM SULLIVAN REALTY
List Price
$199,900
Sold Price
$159,900
Premium/Discount to List
-$40,000
-20.01%
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Whatever We Endeavor Llc $159,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2018 06/28/18 Sold $159,900 -20.0% $22 / Sq Ft
05/17/2018 05/17/18 Pending -- -- --
05/08/2017 05/08/17 For Sale $199,900 +471.1% $27 / Sq Ft
11/02/2012 11/02/12 Sold $35,000 -41.7% $5 / Sq Ft View Prior Sale
10/22/2012 10/22/12 Pending -- -- --
06/11/2012 06/11/12 For Sale $60,000 -- $8 / 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 $5,373 $56,748 $17,118 $39,630
2023 $5,394 $51,179 $15,438 $35,741
2022 $4,914 $51,179 $15,438 $35,741
2021 $4,663 $48,562 $15,401 $33,161
2020 $4,723 $48,562 $15,401 $33,161
2019 $4,665 $47,610 $15,099 $32,511
2018 $2,538 $25,620 $14,588 $11,032
Source: Public Records

Agents Affiliated with this Home

  • Mike Mahoney

    Seller's Agent in 2018

    Mike Mahoney

    JIM SULLIVAN REALTY

    (815) 266-1129

    5 in this area

    140 Total Sales

    Mike Mahoney
    Section Image
  • JULIE WENZEL

    Seller's Agent in 2012

    JULIE WENZEL

    RE/MAX

    (815) 541-1001

    177 Total Sales

    JULIE WENZEL
    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 126155

NorthWest Illinois Alliance of REALTORS®

APN: 11-07-33-329-022

Illinois Stephenson County Lena 61048

118 E Railroad St, Lena, IL

This home is located at 118 E Railroad St, Lena, IL 61048 since 08 May 2017. This property was built in 1906. 118 E Railroad St is a home located in Stephenson County with nearby schools including Lena-Winslow Elementary School, Lena-Winslow Junior High School, and Lena-Winslow 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.

NorthWest Illinois Alliance of REALTORS® 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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