NOT LISTED FOR SALE

13 Orbon Place Unit 5-19 Belleville, IL 62221

Estimated Value: $123,000 - $355,000

-- Bed
-- Bath
3,264 Sq Ft
$73/Sq Ft Est. Value

Last Sold February 21, 2024

Last sale price $342,000 $105 Per Sq Ft

Est. 30% decrease in value since last sale

Current estimated payment $1,565/month

48 Days on Market

About This Home

As of February 2024

5-19 Orbon is a contiguous group of four 2-family buildings and are being sold as a package deal. Fantastic opportunity to add to your portfolio. Each unit has it's own individual gas forced air furnaces and hot water tanks which are all located in the basements. Tenants pay all of their own utilities. Most units are on month to month with a few being in a current lease. Units are in good condition with many having recent updates including flooring, paint, newer furnaces in some units, newer electrical panels in some units, and more. Unit 5 is rented at $750/mo, Units 7-13 $800/mo Unit 15 - $850/mo, Unit 17 - $900/mo Unit 19 - $950/mo. Properties are located in Belleville close to Metrolink system. Call your favorite realtor to view these properties!

Last Agent to Sell the Property

Jessica Gratzl

Keller Williams Pinnacle License #475160805 Listed on: 12/27/2023

Keller Williams Pinnacle

Last Buyer's Agent

Reggie Resper

Brick Street Group License #471018702

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,571

Year Built

  • Built in 1925

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • 3,264 Sq Ft Home
  • Duplex
  • Brick Exterior Construction

Schools

  • Belleville Dist 118 Elementary And Middle School
  • Belleville High School-East

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Powered By Gas
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 08-22.0-217-026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,571

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: Lucinda
  • Special Description: No Exemptions
  • Age: 99
  • Ownership: Private
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Square Footage: 3264

Exterior Features

  • Construction: Brick Veneer Predom

Garage/Parking

  • Parking: Off Street

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Gas
  • Cooling: 1 Window/Wall, Central-Electric, Central-Gas
  • Heating: Forced Air

Association/Amenities

  • Entry Level Unit: 5-19

Schools

  • School District: Belleville DIST 118
  • Elementary School: BELLEVILLE DIST 118
  • Middle School: BELLEVILLE DIST 118
  • High School: Belleville High School-East
  • Elementary School: BELLEVILLE DIST 118
  • Junior High School: BELLEVILLE DIST 118
  • School District: Belleville DIST 118
  • Senior High School: Belleville High School-East

Lot Info

  • Lot Dimensions: 5091 Sq Ft
  • Lot Sq Ft: 5227
  • Acres: 0.1200

Rental Info

  • Tenancy Type: Leases, Month To Month
  • Tenant Pays: All Utilities

Multi Family

  • Gross Operating Income: 79800.00
  • Units: 2
  • Total Expenses: 18140.00
  • Type Of Units: 2-Family

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 2975
  • Assessor Parcel Number: 08-22.0-217-026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2023
Sold by
Xesturgy Llc
Bought by
Lishu Homes Llc
Current Estimated Value
$239,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,560
Interest Rate
6.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 31, 2020
Sold by
Kirby Holding Group Llc
Bought by
Campbell Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,800
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 9, 2019
Sold by
Kirby Holding Group Llc
Bought by
Kirby Holding Group Llc Duplex Series

Purchase Details

Closed on
Mar 17, 2011
Sold by
Country Village Llc
Bought by
Kirby Holding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2009
Sold by
Francoeur Katherine J
Bought by
Country Village Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
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
Lishu Homes Llc $342,000 None Available
Campbell Robert $291,000 Illinois Title & Escrow
Kirby Holding Group Llc Duplex Series -- Illinois Title & Escrow
Kirby Holding Llc $112,500 Chicago Title
Country Village Llc $50,000 Town & Country Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lishu Homes Llc $314,560
Previous Owner Campbell Robert $232,800
Previous Owner Kirby Holding Llc $90,000
Previous Owner Country Village Llc $87,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2024 02/21/24 Sold $342,000 -12.3% $105 / Sq Ft
02/14/2024 02/14/24 Pending -- -- --
12/27/2023 12/27/23 For Sale $390,000 -- $119 / 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
2024 $3,571 $40,607 $3,310 $37,297
2023 $3,241 $34,524 $3,244 $31,280
2022 $2,975 $31,080 $2,920 $28,160
2021 $2,865 $28,732 $2,699 $26,033
2020 $2,785 $27,171 $2,553 $24,618
2019 $2,777 $26,803 $2,558 $24,245
2018 $2,715 $26,224 $2,503 $23,721
2017 $2,694 $26,039 $2,485 $23,554
2016 $2,660 $25,486 $2,432 $23,054
2014 $1,844 $19,937 $3,050 $16,887
2013 $3,136 $20,223 $3,094 $17,129
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS23075124

MARIS MLS

APN: 08-22.0-217-026