NOT LISTED FOR SALE

1195 E Main St Galesburg, IL 61401

Estimated Value: $38,000 - $75,475

4 Beds
2 Baths
2,196 Sq Ft
$28/Sq Ft Est. Value

Last Sold February 15, 2022

Last sale price $25,000 $11 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $389/month

6 Days on Market

About This Home

As of February 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. Natural woodwork and hardwood floors create warmth and character. 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: 12/08/2021

Mel Foster Co. Galesburg

Last Buyer's Agent

Sara Varner

Platinum Key Real Estate, LLC License #471020643

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 5,140

Interior Spaces

  • 2-Story Property
  • Unfinished Basement

Schools

  • Galesburg High School

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story
  • Legal Description: CAMPBELLS ADDN SD 1904 LOT 4 SD 1893 OF ORIG LOTS 1 2 & E 1/13 LOT 3 BLK 2 LOT 6
  • Lvt Date: 12/08/2021
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Price Per Sq Ft: 11.38
  • Total Sq Ft: 2196

Exterior Features

  • Exterior: Vinyl Siding, Wood Siding
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Detached, Parking Garage
  • Number Parking Spaces: 2

Utilities

  • Heating Cooling: Forced Air, Gas
  • Water Sewer: Public Sewer, Public Water

Schools

  • High School: Galesburg

Lot Info

  • Estimated Lot Size: 39.25 x 132.6
  • Lot Description: Corner, Level
  • Subdivision: Unavailable
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Tax Info

  • Annual Taxes: 1691.16
  • Parcel Id Number Tax Id: 9911453041
  • Tax Year: 2020

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 12000
  • Total Number Electric Meters: 2
  • Total Number Gas Meters: 2
  • Total Number Heating Units: 2
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2006
Sold by
Ross John L and Ross Catherine
Bought by
Simpson Joseph S and Simpson Sydney M
Current Estimated Value
$62,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,156
Interest Rate
6.38%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $137,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Simpson Joseph S $4,156
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2022 02/15/22 Sold $25,000 -16.4% $11 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
12/08/2021 12/08/21 For Sale $29,900 -- $14 / Sq Ft
Source: RMLS Alliance

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 $783 $8,440 $1,110 $7,330
2023 $783 $8,170 $1,070 $7,100
2022 $1,718 $18,130 $1,070 $17,060
2021 $1,664 $17,100 $1,010 $16,090
2020 $1,691 $17,100 $1,010 $16,090
2019 $1,671 $16,760 $990 $15,770
2018 $1,665 $16,760 $960 $15,800
2017 $1,630 $16,270 $930 $15,340
2015 -- $16,030 $920 $15,110
2013 $1,475 $16,190 $930 $15,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1011543

RMLS Alliance

APN: 99-11-453-041