NOT LISTED FOR SALE

121 2nd St E Andalusia, IL 61232

Estimated Value: $320,000 - $362,000

-- Bed
-- Bath
3,874 Sq Ft
$88/Sq Ft Est. Value

Last Sold January 04, 2024

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

Est. 8% increase in value since last sale

Current estimated payment $2,523/month

3 Days on Market

Highlights

  • 6 Car Attached Garage
  • Two Heating Systems
  • Level Lot
  • Rockridge High School Rated 9+
  • Multiple cooling system units
  • 4-minute walk to Andalusia Lions Club Park

About This Home

As of January 2024

5 plex. Fully leased. Good cash flow! A great addition to an investor portfolio. All tenants pay their own gas and electric and have separate mechanics and meters. Owner pays water and trash. Need 24 hour to show. Seller is a licensed real estate agent.

Last Agent to Sell the Property

Tanja Whitten

Ruhl&Ruhl REALTORS Moline Brokerage Phone: 563-441-1776 License #475.178427/S66263000 Listed on: 11/10/2023

Ruhl&Ruhl REALTORS Moline

Last Buyer's Agent

Ted Leuck

Ruhl&Ruhl REALTORS Moline License #475.167507/S66673000

Ruhl&Ruhl REALTORS Moline

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,606

Year Built

  • Built in 1976

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 142 x 81
  • Level Lot

Home Design

  • 3,874 Sq Ft Home
  • Composition Roof
  • Wood Siding

Parking

  • 6 Car Attached Garage
  • Parking Pad

Schools

  • Rockridge Elementary And Middle School
  • Rockridge High School

Utilities

  • Multiple cooling system units
  • Two Heating Systems

Community Details

  • Andalusia Subdivision
  • Trash Expense $680

Listing and Financial Details

  • Assessor Parcel Number 15-27-106-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,606

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1976
  • New Construction: No
  • Structure Type: Two or More Story
  • PricePerSqFt: 81.31
  • Age55PlusDevelopment: No
  • Attribution Contact: Customer: 563-441-1776
  • Special Features: None

Interior Features

  • Basement: None
  • Accessibility Features: Zero-Grade Entry

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Wood Siding
  • Roof: Composition
  • 100YearPlain: Unknown

Garage/Parking

  • Parking Features: Attached, Parking Pad
  • Total Parking Spaces: 6

Utilities

  • Heating: Heating Systems - 2+, Cooling Systems - 2+
  • Electric Expense: 636
  • Water Sewer Expenses: 3120
  • Laundry Features: Common Area, Owned Equipment
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 5
  • NumberOfHeatingUnits: 5
  • NumberOfCentralAirUnits: 5
  • NumberOfGasMeters: 6
  • NumberOfElectricMeters: 6
  • NumberofWaterMeters: 1
  • NumberOfRanges: 5
  • NumberofRefrigerators: 5
  • NumberOfWashers: 1
  • NumberOfDryers: 1
  • NumberOfDishwashers: 0
  • NumberOfWindowUnits: 0

Condo/Co-op/Association

  • LawnSnowRemoval: 0

Fee Information

  • Trash Expense: 680
  • AdvertisingExpense: 0

Schools

  • Elementary School: Rockridge
  • High School: Rockridge
  • Middle Or Junior School: Rockridge

Lot Info

  • Lot Size Acres: 0.26
  • Lot Size: 142 x 81
  • Parcel #: 15-27-106-002

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6304.6
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 45770
  • Resident Manager Expense: 4512
  • Annual Operating Expense: 11548

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2023
Closed on
Nov 30, 2023
Sold by
Boo Llc
Bought by
Midpoint Equity Llc
Seller's Agent
Tanja Whitten
Ruhl&Ruhl REALTORS Moline
Buyer's Agent
Ted Leuck
Ruhl&Ruhl REALTORS Moline
List Price
$315,000
Sold Price
$315,000
Views
27
Current Estimated Value
$341,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,089
Avg. Annual Appreciation
6.15%
Original Mortgage
$250,000
Outstanding Balance
$184,287
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$161,056

Purchase Details

Listed on
Nov 20, 2019
Closed on
Nov 13, 2019
Sold by
Lemonade Properties & Design Llc
Bought by
Boo Llc
Seller's Agent
UNREPRESENTED Properties
Unrepresented Properties
Buyer's Agent
Tanja Whitten
Ruhl&Ruhl REALTORS Moline
List Price
$230,000
Sold Price
$230,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.91%
Original Mortgage
$183,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 1975
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
Midpoint Equity Llc $315,000 None Listed On Document
Boo Llc $230,000 Franks David J
-- $4,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Midpoint Equity Llc $250,000
Previous Owner Boo Llc $183,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2024 01/04/24 Sold $315,000 0.0% $81 / Sq Ft
11/13/2023 11/13/23 Pending -- -- --
11/10/2023 11/10/23 For Sale $315,000 0.0% $81 / Sq Ft
06/10/2022 06/10/22 Rented $1,000 0.0% --
05/11/2022 05/11/22 Under Contract -- -- --
04/04/2022 04/04/22 For Rent $1,000 0.0% --
11/20/2019 11/20/19 Sold $230,000 0.0% $59 / Sq Ft
11/20/2019 11/20/19 Pending -- -- --
11/20/2019 11/20/19 For Sale $230,000 -- $59 / 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 $7,606 $96,059 $6,861 $89,198
2023 $7,606 $88,371 $6,312 $82,059
2022 $6,305 $79,115 $5,651 $73,464
2021 $6,350 $74,990 $5,356 $69,634
2020 $6,145 $71,829 $5,130 $66,699
2019 $6,047 $69,534 $4,966 $64,568
2018 $6,047 $69,534 $4,966 $64,568
2017 $5,798 $67,053 $4,789 $62,264
2016 $5,816 $67,053 $4,789 $62,264
2015 $5,797 $67,053 $4,789 $62,264
2014 $1,311 $67,730 $4,837 $62,893
2013 $1,311 $67,730 $4,837 $62,893
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4248093

RMLS Alliance

APN: 15-27-106-002