NOT LISTED FOR SALE

1231 Keokuk St Lincoln, IL 62656

Estimated Value: $116,188

10 Beds
5 Baths
8,000 Sq Ft
$15/Sq Ft Est. Value

Last Sold April 22, 2022

Last sale price $47,500 $6 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $741/month

22 Days on Market

About This Home

As of April 2022

LOCATION, LOCATION, LOCATION! Situated right next door to the College Campus and just a short, convenient drive to the Interstate, this building presents a fantastic opportunity to own a massive amount of space. Convert it into your own duplex/tri plex/four plex or utilize the building's current functional layout, featuring strategic exits, kitchenettes and baths. Anyone with a little construction knowledge will see all of this buildings potential. Motivated seller!! There Are No Minimum Bids. Auction Begins: 2/15/2022 & Ends: Monday, 2/28/2022 at 6:00 PM. (Visit: www.JeffCanterburyAuctioneer.HiBid.com) Seller has the option to accept/reject any and all offers at their discretion.

Last Agent to Sell the Property

Tracy Shaw

Keller Williams Capital License #475134690 Listed on: 02/15/2022

Keller Williams Capital

Last Buyer's Agent

Tracy Shaw

Keller Williams Capital License #475134690 Listed on: 02/15/2022

Keller Williams Capital

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,526

Lot Details

  • 0.65

Home Design

  • Slab Foundation

Schools

  • Lincoln High School

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,526

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story | Triplex | Four-Plex | Apartment Building | Duplex/Side by Side
  • Legal Description: 8-431 S31 T20 R2 (VOL 14 PG 16) .65 A TRACT PT E 1/2 NE
  • Lvt Date: 02/15/2022
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab
  • Price Per Sq Ft: 5.94
  • Total Sq Ft: 8000

Exterior Features

  • Exterior: Cedar
  • Road Access: Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Guest Parking
  • Number Parking Spaces: 20

Utilities

  • Heating Cooling: Forced Air, 2+ Cooling Systems, Water Heater - Gas
  • Water Sewer: Public Sewer, Public Water

Schools

  • High School: Lincoln

Lot Info

  • Estimated Lot Size: .65 Acres
  • Estimated Number of Acres: 0.65
  • Lot Description: Level
  • Geo Subdivision: IL

Tax Info

  • Parcel Id Number Tax Id: 08-031-011-50
  • Tax Year: 2020

Multi Family

  • Total Number Units: 4
  • Total Number Central Air Units: 2
  • Total Number Electric Meters: 1
  • Total Number Gas Meters: 1
  • 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
Oct 20, 2023
Sold by
1231 Keokuk Lincoln Il Llc
Bought by
Xie Gui Feng
Current Estimated Value
$116,188

Purchase Details

Listed on
Feb 15, 2022
Closed on
Apr 20, 2022
Sold by
Lincoln Christian College
Bought by
1231 Keokuk Lincoln Il Llc
Seller's Agent
Tracy Shaw
Keller Williams Capital
Buyer's Agent
Tracy Shaw
Keller Williams Capital
List Price
$1
Sold Price
$47,500
Premium/Discount to List
$47,499
4749900%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.29%
Original Mortgage
$35,625
Interest Rate
5%
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
Xie Gui Feng $100,000 None Available
1231 Keokuk Lincoln Il Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1231 Keokuk Lincoln Il Llc $35,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2022 04/22/22 Sold $47,500 +4749900.0% $6 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $1 -100.0% $0 / Sq Ft
03/01/2022 03/01/22 Off Market $47,500 -- --
02/15/2022 02/15/22 For Sale $1 -- $0 / 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 $1,526 $22,650 $3,370 $19,280
2023 $1,983 $20,970 $3,120 $17,850
2022 $1,440 $14,590 $2,920 $11,670
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1012461

RMLS Alliance

APN: 08-031-011-50