NOT LISTED FOR SALE

127 E James St Forrest, IL 61741

Estimated Value: $64,000 - $103,000

4 Beds
2 Baths
1,584 Sq Ft
$50/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $55,000 $35 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $612/month

92 Days on Market

About This Home

As of February 2022

Great opportunity to own a 2 unit investment property at a great price. Existing reliable tenants in place so just take over with no worries.

Last Agent to Sell the Property

Crystal Semmerling

Coldwell Banker Real Estate Group License #475187582 Listed on: 10/26/2021

Coldwell Banker Real Estate Group

Last Buyer's Agent

Crystal Semmerling

Coldwell Banker Real Estate Group License #475187582 Listed on: 10/26/2021

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,103

Year Built

  • 1896

Lot Details

  • 8,712

Home Design

  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Crawl Space

Parking

  • Uncovered Parking
  • On-Site Parking
  • Parking Space is Owned

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,103

Year Built

1896

Lot Details

0

Listing Details

  • Property Type: Two to Four Units
  • Property Type: Residential Income
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Architectural Style: Other
  • Directions: Rt 24 to center north on center to James st East on James to property
  • Lot Size: 65X132
  • New Construction: No
  • Ownership: Fee Simple
  • Subdivision Name: Not Applicable
  • MRD_AP1: Stove
  • MRD_AP2: Stove
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1896

Interior Features

  • Has Basement: None
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • Possible Bedrooms: 4
  • Total Bedrooms: 4

Exterior Features

  • Exterior Building Type: Aluminum Siding
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned
  • Total Parking Spaces: 2

Utilities

  • Heating: Steam
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Conversion YN: N

Schools

  • Elementary School: Chatsworth Elementary School
  • High School: Prairie Central High School
  • Junior High Dist: 8
  • Middle Or Junior School: Prairie Central Jr High

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zoning: OTHER

Rental Info

  • Board Number: 23

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Tax Info

  • Tax Annual Amount: 1082.04
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2021
Closed on
Feb 28, 2022
Sold by
Muhammad Aleemuddin
Bought by
Mora Jorge Soto
Seller's Agent
Crystal Semmerling
Coldwell Banker Real Estate Group
Buyer's Agent
Crystal Semmerling
Coldwell Banker Real Estate Group
List Price
$59,900
Sold Price
$55,000
Premium/Discount to List
-$4,900
-8.18%
Current Estimated Value
$78,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,667
Avg. Annual Appreciation
11.42%
Original Mortgage
$56,470
Outstanding Balance
$52,914
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$25,753

Purchase Details

Listed on
Dec 11, 2020
Closed on
Jan 28, 2021
Sold by
Miller Richard S
Bought by
Muhammad Allemuddin
Seller's Agent
Timothy Bassett
Lyons Sullivan Realty Inc
Buyer's Agent
Timothy Bassett
Lyons Sullivan Realty Inc
List Price
$44,900
Sold Price
$30,000
Premium/Discount to List
-$14,900
-33.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
75.28%
Original Mortgage
$24,000
Interest Rate
2.67%
Mortgage Type
New Conventional
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
Mora Jorge Soto $55,000 None Available
Muhammad Allemuddin $30,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mora Jorge Soto $56,470
Previous Owner Muhammad Allemuddin $24,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $55,000 -8.2% $35 / Sq Ft
01/27/2022 01/27/22 Pending -- -- --
10/26/2021 10/26/21 For Sale $59,900 +99.7% $38 / Sq Ft
01/28/2021 01/28/21 Sold $30,000 -33.2% $19 / Sq Ft
12/16/2020 12/16/20 Pending -- -- --
12/11/2020 12/11/20 For Sale $44,900 -- $28 / Sq Ft
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 $2,103 $22,857 $2,133 $20,724
2023 $1,893 $20,050 $1,871 $18,179
2022 $1,889 $19,349 $1,871 $17,478
2021 $1,075 $10,762 $1,758 $9,004
2020 $1,082 $10,762 $1,758 $9,004
2019 $1,106 $11,094 $1,812 $9,282
2018 $871 $8,611 $1,742 $6,869
2017 $832 $8,201 $1,659 $6,542
2016 $839 $8,201 $1,659 $6,542
2015 $863 $8,543 $1,728 $6,815
2013 $906 $8,718 $1,838 $6,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11255779

Midwest Real Estate Data (MRED)

APN: 26-26-03-158-009