NOT LISTED FOR SALE

122 Jackson St Marengo, IL 60152

Estimated Value: $226,675 - $268,000

4 Beds
3 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold September 17, 2024

Last sale price $217,000

Est. 16% increase in value since last sale

Current estimated payment $1,673/month

55 Days on Market

Highlights

  • Property is near park
  • Screened Porch
  • Shed
  • Farmhouse Style Home
  • 1 Car Attached Garage
  • 2-minute walk to Calvin Spencer Park

About This Home

As of September 2024

This charming single-family home, perfectly suited for both rental opportunities and multi-generational living, has been thoughtfully converted into two separate apartments. The upstairs unit features a cozy one-bedroom, one-bath layout with its own private entrance, offering privacy and convenience. The main floor apartment is spacious with three bedrooms, 1.1 baths, a laundry room, and a one-car garage. It also boasts a screened-in porch, perfect for enjoying the outdoors. Located in a premium spot right across from the park, the first-floor unit has been recently remodeled with fresh paint and new carpet, while the second-floor unit awaits updating to your taste. Additional storage is available in the shed and cellar. Essential updates include a water heater installed in 2022 and a furnace from 2014, with the roof replaced by the previous owner. The current tenant in the upstairs unit prefers to stay, providing immediate rental income. This versatile property can also be easily converted back into a single-family home, presenting a fantastic opportunity for both investors and homeowners alike.

Last Agent to Sell the Property

Pamela Burke

Keller Williams Inspire - Geneva License #475132796 Listed on: 07/04/2024

Keller Williams Inspire - Geneva

Last Buyer's Agent

Bill Spencer

Brokerocity Inc License #475122156

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,426

Year Built

  • Built in 1920

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 132x82
  • Paved or Partially Paved Lot

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking
  • Parking Space is Owned

Home Design

  • Farmhouse Style Home
  • Block Foundation
  • Stone Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Screened Porch
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Bathrooms

Basement

  • Partial Basement
  • Basement Cellar

Outdoor Features

  • Patio
  • Shed

Location

  • Property is near park

Utilities

  • Humidifier
  • Heating System Uses Natural Gas
  • Water Softener is Owned

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,426

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Farmhouse
  • New Construction: No
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Other Equipment: Humidifier, Water-Softener Owned, CO Detectors, Ceiling Fan(s)
  • Room Type: Enclosed Porch
  • Basement Description: Cellar
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Patio, Porch Screened
  • Foundation Details: Block, Stone
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Off Street
  • ParkingTotal: 7
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Park, Sidewalks, Street Lights, Street Paved

Lot Info

  • Lot Size Acres: 0.23
  • Lot Dimensions: 132X82
  • Zoning: SINGL
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 4425.54
  • Tax Year: 2022

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2024
Closed on
Sep 10, 2024
Sold by
Ostdick Corey W and Luedtke-Ostdick Eva A
Bought by
Pickard Inara
Seller's Agent
Pamela Burke
Keller Williams Inspire - Geneva
Buyer's Agent
Bill Spencer
Brokerocity Inc
List Price
$225,000
Sold Price
$217,000
Premium/Discount to List
-$8,000
-3.56%
Views
108
Current Estimated Value
$250,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,669
Avg. Annual Appreciation
11.45%

Purchase Details

Listed on
Aug 16, 2019
Closed on
Dec 23, 2019
Sold by
Roth Zachary and Bihlmaier Kelsey E
Bought by
Ostdick Corey W and Luedtke Ostdick Eva A
Seller's Agent
Ben Broughton
RE/MAX Connections II
Buyer's Agent
Anita Holt
RE/MAX Connections II
List Price
$189,000
Sold Price
$155,000
Premium/Discount to List
-$34,000
-17.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.37%
Original Mortgage
$116,250
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2016
Sold by
Roth Charles A
Bought by
Roth Charles A

Purchase Details

Closed on
Nov 17, 1998
Sold by
Thomas Rosemarie and Wroblaski George
Bought by
Roth Charles A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.75%
Source: Public Records
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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
Pickard Inara $217,000 None Listed On Document
Ostdick Corey W $155,000 Attorneys Ttl Guaranty Fund
Roth Charles A -- None Available
Roth Charles A $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ostdick Corey W $116,250
Previous Owner Roth Charles A $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/17/2024 09/17/24 Sold $217,000 -3.6% --
08/24/2024 08/24/24 Pending -- -- --
07/26/2024 07/26/24 For Sale $225,000 0.0% --
07/08/2024 07/08/24 Pending -- -- --
07/01/2024 07/01/24 Price Changed $225,000 0.0% --
06/29/2024 06/29/24 For Sale $225,000 +45.2% --
12/26/2019 12/26/19 Sold $155,000 -8.8% -- View Prior Sale
11/25/2019 11/25/19 Pending -- -- --
10/17/2019 10/17/19 Price Changed $169,900 -5.0% --
10/07/2019 10/07/19 Price Changed $178,900 -0.6% --
08/27/2019 08/27/19 Price Changed $179,900 -4.8% --
08/16/2019 08/16/19 For Sale $189,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $4,505 $59,366 $17,038 $42,328
2023 $4,426 $52,332 $15,019 $37,313
2022 $4,245 $47,325 $13,582 $33,743
2021 $3,973 $43,120 $12,375 $30,745
2020 $3,919 $41,036 $11,777 $29,259
2019 $4,161 $38,882 $11,159 $27,723
2018 $3,242 $36,420 $10,452 $25,968
2017 $2,898 $34,499 $9,901 $24,598
2016 $2,760 $32,233 $9,251 $22,982
2013 -- $31,536 $9,051 $22,485
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12097141

Midwest Real Estate Data (MRED)

APN: 11-36-108-006