NOT LISTED FOR SALE

120 E Mechanic St Rockton, IL 61072

Estimated Value: $415,276 - $546,000

Studio
4 Baths
3,888 Sq Ft
$117/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $315,000 $81 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,207/month

3 Days on Market

Highlights

  • Patio
  • Forced Air Heating and Cooling System
  • 2-minute walk to Rockton Historic District
  • Whitman Post Elementary School Rated A-
  • Wood Siding

About This Home

As of February 2022

LOCATED IN THE HEART OF ROCKTON ILLINOIS. THIS 4 UNIT TOWNHOUSE APARTMENT BUILDING IS CLOSE TO DOWNTOWN AND TO HONONEGAH HIGH SCHOOL. OFF STREET PARKING FOR TENANTS. GROSS MONTHLY RENT IS $3,250. ONE UNIT IS VACANT FOR SHOWINGS. TWO UNITS ARE MONTH TO MONTH AND ONE UNIT THE LEASE EXPIRES IN MAY 2022. ALL MEASUREMENTS ARE APPROXIMATE.

Last Agent to Sell the Property

Sandra Sonneson

DICKERSON & NIEMAN License #471001424 Listed on: 01/21/2022

DICKERSON & NIEMAN

Last Buyer's Agent

Frank Wehrstein

DICKERSON & NIEMAN License #471001208

DICKERSON & NIEMAN

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,963

Lot Details

  • 9,322

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 3,888 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Stove
  • Range

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Parking

  • 6 Car Parking Spaces
  • Additional Parking

Outdoor Features

  • Patio

Schools

  • Rockton Grade Elementary School
  • Hononegah 207 Middle School
  • Hononegah High School

Utilities

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

Community Details

  • 4 Units
  • 3-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,963

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop, Oven
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 1944
  • Front: 125
  • General Features: Additional Parking, Laundry in Unit, Patio
  • Legal Description: PLAT OF ROCKTON N 70 FT E 1/2 LT 4 & N 70 FT LT S 5 & 6 BLOCK 012
  • Lvt Date: 01/21/2022
  • Rear: 125
  • Side 1: 70
  • Side 2: 70
  • Style: 2 Story
  • Type: 3 - 4 Units
  • Total Assessed Value: 280450
  • Number Of Floors In Bldg: 3
  • Number Of Tenants In Bldg: 4
  • Number Of Units In Bldg: 4
  • Agent Only_ L A1 User Code: 1979
  • Elementary School: Rockton Grade School
  • Estimated Total Finished Sq Ft: 3888
  • Hold Earnest Money Y N: No
  • Pertinent Facts: LOCATED IN THE HEART OF ROCKTON ILLINOIS. THIS 4 UNIT TOWNHOUSE APARTMENT BUILDING IS CLOSE TO DOWNTOWN AND TO HONONEGAH HIGH SCHOOL. OFF STREET PARKING FOR TENANTS. GROSS MONTHLY RENT IS $3,250. ONE UNIT IS VACANT FOR SHOWINGS. TWO UNITS ARE MONTH TO MONTH AND ONE UNIT THE LEASE EXPIRES IN MAY 2022. ALL MEASUREMENTS ARE APPROXIMATE.
  • Designated Managing Broker Y N: No
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Separate Water Y N: No
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: Yes
  • Washer Dryer: No
  • Estimated Above Grade Sq Ft: 3888
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Type: Full
  • Basement: Yes

Exterior Features

  • Exterior: Wood
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 6

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Sewer: City
  • Water: City
  • Water Heater: Gas
  • Separate Utilities: Yes

Schools

  • Elementary School #2: Rockton Grade School

Tax Info

  • Year: 2020
  • Taxes: 8963

MLS Schools

  • HighSchool: Hononegah High
  • School District: Hononegah 207
  • Middle School: Hononegah 207

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2022
Closed on
Feb 28, 2022
Sold by
Pm Real Estate Llc
Bought by
Pm Acquisitions Inc
Seller's Agent
Sandra Sonneson
DICKERSON & NIEMAN
Buyer's Agent
Frank Wehrstein
DICKERSON & NIEMAN
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%
Current Estimated Value
$454,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,319
Avg. Annual Appreciation
9.87%
Original Mortgage
$254,639
Outstanding Balance
$133,863
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$320,456
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
Pm Acquisitions Inc $315,000 Kelly C Connor Pc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pm Acquisitions Inc $254,639
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2022 02/28/22 Sold $315,000 -3.1% $81 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $325,000 -- $84 / 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 $10,263 $126,642 $6,215 $120,427
2022 $9,483 $103,163 $5,063 $98,100
2021 $9,067 $96,540 $4,738 $91,802
2020 $8,963 $93,475 $4,588 $88,887
2019 $8,836 $90,045 $4,420 $85,625
2018 $8,282 $85,823 $4,213 $81,610
2017 $8,400 $82,261 $4,038 $78,223
2016 $8,021 $0 $0 $0
2015 $7,958 $77,745 $3,817 $73,928
2014 $7,509 $77,745 $3,817 $73,928
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Sandra Sonneson

    DICKERSON & NIEMAN

    Section Image
  • Frank Wehrstein

    Buyer's Agent in 2022

    Frank Wehrstein

    DICKERSON & NIEMAN

    (815) 262-8210

    2 in this area

    118 Total Sales

    Frank Wehrstein
    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202200290

NorthWest Illinois Alliance of REALTORS®

APN: 03-24-136-003

Illinois Winnebago County Rockton 61072

120 E Mechanic St, Rockton, IL

Not Listed for Sale

MultiFamily

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