NOT LISTED FOR SALE

1246 N 2nd St Chillicothe, IL 61523

Estimated Value: $137,000 - $181,000

4 Beds
2 Baths
1,440 Sq Ft
$112/Sq Ft Est. Value

Sale Details

Date Sold: March 31, 2022

Last sale price $125,000 $87 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,143 / mo

6 Days on Market

About This Home

As of March 2022

Great opportunity to quickly build equity with this charming duplex in the heart of Chillicothe. Side by side units with 2 bedrooms/1 bath with large living rooms and fully applianced kitchens. In addition to ample main floor living space - there is also a full basement under both units and each unit has one stall in the 2 car - detached garage. Units have easily stayed rented with long term renters-rent has not been adjusted to the current rate's due to long standing relationship with current tenants. Potential is there for rental increase for additional revenue. One side is vacant due to owners knowing they would be selling home- right side is occupied on a month to month lease. Cute, clean and updated. Move in ready.

Last Agent to Sell the Property

Julie Bowald

Jim Maloof Realty, Inc. License #471.021119 Listed on: 03/03/2022

Jim Maloof Realty, Inc.

Last Buyer's Agent

Richard Gillespie

RE/MAX Traders Unlimited License #475.118423

RE/MAX Traders Unlimited

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,916

Year Built

  • Built in 2001

Lot Details

  • 0.25

Home Design

  • Duplex

Schools

  • Ivc High School

Additional Features

  • Basement Fills Entire Space Under The House
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,916

Year Built

Built in 2001

Lot Details

0.25 Acres

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Duplex/Side by Side
  • Legal Description: JAMISON & HART'S ADD SW 1/4 SEC 21-11-9E LOT 2 BLK 12 (95-12063)
  • Lvt Date: 03/05/2022
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Number of Ranges: 2
  • Number Refrigerators: 2
  • Basement: Full, Unfinished
  • Price Per Sq Ft: 86.81
  • Total Sq Ft: 1440

Exterior Features

  • Exterior: Vinyl Siding
  • Road Access: Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Detached, On-Street Parking

Utilities

  • Heating Cooling: Forced Air, Gas, Central Air, Water Heater - Gas
  • Water Sewer: Public Sewer, Public Water
  • Laundry Facilities: Units Hook-Ups

Schools

  • High School: Ivc

Lot Info

  • Estimated Lot Size: 66x165
  • Lot Description: Level
  • Subdivision: Jamison
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Rental Info

  • Tenant Pays: All Utilities
  • Gross Annual Rent Income: 13200
  • Lease Information: Month-To-Month

Tax Info

  • Annual Taxes: 3915.92
  • Parcel Id Number Tax Id: 05-21-307-002
  • Tax Year: 2020

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 13200
  • Total Number Central Air Units: 2
  • Total Number Electric Meters: 2
  • Total Number Gas Meters: 2
  • Total Number Heating Units: 2
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2022
Closed on
Mar 19, 2022
Sold by
Gray Nathan A and Gray Laura L
Bought by
Bartlett Luke
Seller's Agent
Julie Bowald
Jim Maloof Realty, Inc.
Buyer's Agent
Richard Gillespie
RE/MAX Traders Unlimited
List Price
$125,000
Sold Price
$125,000
Current Estimated Value
$155,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,336
Avg. Annual Appreciation
6.32%
Original Mortgage
$105,000
Outstanding Balance
$54,938
Interest Rate
3.39%
Mortgage Type
New Conventional
Estimated Equity
$105,850
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Bartlett Luke $125,000 Hunziker & Heck Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bartlett Luke $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2022 03/31/22 Sold $125,000 0.0% $87 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $125,000 -- $87 / Sq Ft
Source: RMLS Alliance

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 $3,844 $46,840 $3,800 $43,040
2023 $3,573 $43,370 $3,520 $39,850
2022 $3,689 $44,110 $3,580 $40,530
2021 $3,876 $45,970 $3,480 $42,490
2020 $3,916 $45,970 $3,480 $42,490
2019 $3,951 $46,440 $3,520 $42,920
2018 $3,616 $43,890 $3,390 $40,500
2017 $3,618 $44,330 $3,420 $40,910
2016 $3,579 $44,770 $3,450 $41,320
2015 $3,377 $44,770 $3,450 $41,320
2014 $3,282 $43,680 $3,490 $40,190
2013 -- $42,610 $3,400 $39,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: PA1232175

RMLS Alliance

APN: 05-21-307-002

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