$372,000
SOLD APR 14, 2025
3 Beds
-- Bath
7,800 Sq Ft
0.43 Acres

Recently Sold

$48 Per Sq Ft

9% Below List Price

142 Days on Market

Highlights

  • Storage
  • Baseboard Heating
  • Level Lot
  • Guest Parking

About This Home

As of April 2025

Grasp this opportunity to purchase 9 apartments and 4 commercial spaces with a massive parking lot! This building comes with plans and permits for removing balcony on front and sides as well as replacing rear balcony and stairs. Tons of updates both cosmetically and mechanically throughout! video tour available Each of the 4 commercial spaces is approximately 975 sqft on ground level! Seven of the apartments are approximately 590 sqft Six are located on top floor One is in lower level with egress. Two 2 bedroom apartments are approximately 902 sqft on lower level with egress. 8 apartments have in unit laundry hookups. The lot connecting to myrtle is also included.

Last Agent to Sell the Property

Jay Myers

Real Broker, LLC Brokerage Phone: 217-502-9339 License #475202466 Listed on: 11/11/2024

Last Buyer's Agent

Jerry George

The Real Estate Group, Inc. License #475159363

The Real Estate Group, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,267

Year Built

  • Built in 1962

Lot Details

  • Lot Dimensions are 87x167
  • Level Lot

Home Design

  • Block Foundation
  • Rubber Roof

Interior Spaces

  • 3 Bedrooms
  • 7,800 Sq Ft Home
  • Storage
  • Partially Finished Basement
  • Basement Window Egress

Parking

  • 34 Parking Spaces
  • Parking Pad
  • Alley Access
  • Guest Parking

Schools

  • Springfield District #186 High School

Utilities

  • Wall Furnace
  • Heat Pump System
  • Baseboard Heating

Community Details

  • Springfield Subdivision
  • Trash Expense $1,440

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 22-04.0-254-010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,267

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1962
  • New Construction: No
  • Structure Type: Apartment Building, Other
  • PricePerSqFt: 47.69
  • Attribution Contact: Pref: 217-502-9339
  • Special Features: None

Interior Features

  • Basement: Daylight, Egress Window(s), Partially Finished
  • Total Bedrooms: 3
  • Interior Amenities: Storage

Exterior Features

  • Lot Features: Level
  • Construction Type: Brick
  • Foundation Details: Block
  • Roof: Rubber
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Alley Access, Guest Parking, Oversized, Parking Pad
  • Total Parking Spaces: 34

Utilities

  • Heating: Baseboard, Electric, Heat Pump, Central Air, Wall Unit(s)
  • Electric Expense: 2400
  • Water Sewer Expenses: 6000
  • Laundry Features: Units Hook-Ups
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 13
  • NumberOfHeatingUnits: 13
  • NumberOfCentralAirUnits: 2
  • NumberOfGasMeters: 0
  • NumberOfElectricMeters: 14
  • NumberofWaterMeters: 1
  • NumberOfRanges: 9
  • NumberofRefrigerators: 9
  • NumberOfWashers: 0
  • NumberOfDryers: 0
  • NumberOfDishwashers: 8
  • NumberOfWindowUnits: 9

Condo/Co-op/Association

  • Senior Community: No
  • LawnSnowRemoval: 2400

Fee Information

  • Trash Expense: 1440
  • AdvertisingExpense: 0

Schools

  • High School: Springfield District #186

Lot Info

  • Lot Size: 87x167
  • Additional Parcels Description: 22-04.0-254-011
  • Parcel #: 22-04.0-254-010

Rental Info

  • Tenant Pays: Electricity
  • Lease Term: Variable

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9243.44
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 13
  • Annual Gross Income: 71400
  • Annual Operating Expense: 15740

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2024
Closed on
Apr 9, 2025
Sold by
Treetop Home Buyers Llc
Seller's Agent
Jay Myers
Real Broker, LLC
Buyer's Agent
Jerry George
The Real Estate Group, Inc.
List Price
$410,000
Sold Price
$372,000
Premium/Discount to List
-$38,000
-9.27%
Views
109
Current Estimated Value
$392,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,994
Avg. Annual Appreciation
23.38%

Purchase Details

Closed on
Mar 31, 2023
Sold by
Pelc Gregory M
Bought by
Treetop Home Buyers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
6.43%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 25, 2011

Purchase Details

Closed on
Dec 29, 2010
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $375,000 None Listed On Document
Warranty Deed $200,000 --
Deed $120,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $408,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2025 04/14/25 Sold $372,000 -5.6% $48 / Sq Ft
04/02/2025 04/02/25 Pending -- -- --
03/13/2025 03/13/25 Price Changed $394,000 -1.3% $51 / Sq Ft
01/28/2025 01/28/25 Price Changed $399,000 -2.7% $51 / Sq Ft
11/11/2024 11/11/24 For Sale $410,000 -- $53 / 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 $9,267 $110,326 $23,026 $87,300
2023 $8,909 $100,773 $21,032 $79,741
2022 $5,522 $61,622 $19,951 $41,671
2021 $5,339 $59,315 $19,204 $40,111
2020 $5,233 $59,404 $19,233 $40,171
2019 $5,136 $59,197 $19,166 $40,031
2018 $5,422 $64,171 $19,100 $45,071
2017 $5,310 $63,341 $18,853 $44,488
2016 $5,205 $62,417 $18,578 $43,839
2015 $5,155 $61,671 $18,356 $43,315
2014 $11,763 $141,949 $18,237 $123,712
2013 $11,501 $141,949 $18,237 $123,712
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1033043

RMLS Alliance

APN: 22-04.0-254-010