NOT LISTED FOR SALE

1223 9th St Highland, IL 62249

-- Bed
-- Bath
3,984 Sq Ft
5,532 Sq Ft Lot

Last Sold June 01, 2022

Last sale price $210,000 $53 Per Sq Ft

54 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Ceiling Fan
  • Laundry Facilities

About This Home

As of June 2022

GREAT INVESTMENT OPPORTUNITY!!! 4 Rented units w/great location w/walking distance to the square, restaurants, shopping, movie theatre etc. All 4 units are 2 Bed, 1 Bath Rents for $425., $450., $625., $530., each have recently been remodeled (one unit has stackable W & D). Tenants pay utilities. Newer vinyl windows. New HWH’s 2015. Electric furnaces & central air. Free washer & coin operated dryer for community use on site. Rubber flat roof (possibly 16 yrs). 4 lighted covered parking spaces (1 per unit).

Last Listed By

Sue Wurth

Equity Realty Group, LLC License #475127885 Listed on: 04/07/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,091

Year Built

  • Built in 1925

Lot Details

  • 5,532 Sq Ft Lot
  • Lot Dimensions are 50 x 110.2

Parking

  • Covered Parking

Home Design

  • Quadruplex

Interior Spaces

  • 3,984 Sq Ft Home
  • Ceiling Fan

Schools

  • Highland Dist 5 Elementary And Middle School
  • Highland School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for all utilities, electric, sewer, trash removal, water
  • Assessor Parcel Number 01-2-24-05-08-201-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,091

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Special Description: No Exemptions
  • Age: 97
  • Ownership: Private
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Laundry Facl-Commty
  • Square Footage: 3984

Garage/Parking

  • Parking: Covered

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Cooling: Ceiling Fan, Central-Electric
  • Heating: Forced Air

Schools

  • School District: Highland DIST 5
  • Elementary School: HIGHLAND DIST 5
  • Middle School: HIGHLAND DIST 5
  • High School: Highland
  • Elementary School: HIGHLAND DIST 5
  • Junior High School: HIGHLAND DIST 5
  • School District: Highland DIST 5
  • Senior High School: Highland

Lot Info

  • Lot Dimensions: 50 x 110.2
  • Lot Sq Ft: 5532
  • Acres: 0.1270

Rental Info

  • Tenancy Type: Leases, Month To Month
  • Tenant Pays: All Utilities, Electric, Sewer, Trash Removal, Water

Tax Info

  • Taxes Paid: 3743
  • Assessor Parcel Number: 01-2-24-05-08-201-008

Multi Family

  • Type Of Units: 4-Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2024
Sold by
Feldmann Properties Llc
Bought by
V Dub Llc
Total Days on Market
54

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Outstanding Balance
$435,444
Interest Rate
6.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 7, 2022
Closed on
Jun 1, 2022
Sold by
Gsg Properties Llc
Bought by
Feldmann Properties Llc
Seller's Agent
Sue Wurth
Equity Realty Group, LLC
Buyer's Agent
Diane Korte-Lindsey
Coldwell Banker Brown Realtors
List Price
$240,000
Sold Price
$210,000
Premium/Discount to List
-$30,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2005
Sold by
Frey Properties Of Highland Llc
Bought by
Gsg Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
6.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 6, 2004
Sold by
Frey Gayle
Bought by
Frey Properties Of Highland Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,245
Interest Rate
5.95%
Mortgage Type
Commercial

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
V Dub Llc $440,000 Highland Community Title
Feldmann Properties Llc $420,000 Highland Community Title
Gsg Properties Llc $430,000 First American Title Ins Co
Frey Properties Of Highland Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open V Dub Llc $440,000
Previous Owner Feldmann Properties Llc $336,000
Previous Owner Gsg Properties Llc $425,000
Previous Owner Frey Gayle A $71,245
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2022 06/01/22 Sold $210,000 -12.5% $53 / Sq Ft
06/01/2022 06/01/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $240,000 -- $60 / Sq Ft
Source: MARIS MLS

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
2023 $4,091 $53,640 $5,350 $48,290
2022 $4,091 $49,520 $4,940 $44,580
2021 $3,790 $46,720 $4,660 $42,060
2020 $3,743 $45,280 $4,520 $40,760
2019 $3,695 $44,650 $4,460 $40,190
2018 $3,678 $42,130 $4,210 $37,920
2017 $3,638 $41,060 $4,100 $36,960
2016 $3,563 $41,060 $4,100 $36,960
2015 $3,473 $41,190 $4,110 $37,080
2014 $3,473 $41,190 $4,110 $37,080
2013 $3,473 $41,190 $4,110 $37,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS22021065

MARIS MLS

APN: 01-2-24-05-08-201-008