NOT LISTED FOR SALE

130 S First St Wilmington, IL 60481

36 Beds
24 Baths
-- Sq Ft
1.66 Acres

Last Sold April 23, 2018

Last sale price $1,150,000

247 Days on Market

About This Home

As of April 2018

Based on funding availability, USDA Rural Development may provide funding to make this purchase possible. Funding may include 100 percent RA, a one percent loan for purchase and a $50, 000 grant for purchase expenses. APPROVED SALE PRICE, offered first to non-profits locally, then nationally. subject USDA rural Development Rules- contact us for program outlines and requirements. Property is very stable 2-story apartment complex. This secure property has a total of 24 apartments comprised of 12 one-bedroom units and 12 two-bedroom units. Please note: Local non-profit organizations and public agencies have priority over regional and national non-profit organizations and public agencies.

Last Agent to Sell the Property

Daniel Merrion

Coldwell Banker Realty License #471018576 Listed on: 04/18/2017

Coldwell Banker Realty

Co-Listed By

Brian Merrion

City Point Realty LLC License #471008892

Last Buyer's Agent

Garrett Luehrs

Compass

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,907

Year Built

  • 1985

Lot Details

  • 1.66

Listing and Financial Details

  • Tenant pays for varies by tenant

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,907

Year Built

1985

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Zoning Type: MULTI
  • Estimated Age: 26-35 Years
  • Total Annual Income: 95998
  • Total Monthly Income: 15033
  • Number Of Disposals: 24
  • Number Of Refrigs: 24
  • Number Of Stories: 2
  • Estimated Year Built: 1985
  • Type Multi Family: Courtyard, Condo/Townhouse
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1985

Exterior Features

  • Acreage: 1.66

Garage/Parking

  • Number Of Parking Spaces: 32

Utilities

  • Heatventilation: Electric

Condo/Co-op/Association

  • Units in Building: 24

Lot Info

  • Lot Dimensions: 72309.6
  • Parcel Identification Number: 0317352050180000

Rental Info

  • Gross Rental Income: 91440
  • Tenant Pays: Varies by Tenant

Tax Info

  • Taxes: 12451

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2017
Closed on
Apr 9, 2018
Sold by
Municipal Trust & Savings Bank
Bought by
First Midwest Bank
Seller's Agent
Daniel Merrion
Coldwell Banker Realty
Buyer's Agent
Garrett Luehrs
Compass
List Price
$1,150,000
Sold Price
$1,150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$549,000
Outstanding Balance
$477,359
Interest Rate
4.46%
Mortgage Type
Unknown
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
First Midwest Bank $700,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open First Midwest Bank $549,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2018 04/23/18 Sold $1,150,000 0.0% --
12/21/2017 12/21/17 Pending -- -- --
04/18/2017 04/18/17 For Sale $1,150,000 -- --
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
2023 $6,907 $91,224 $42,005 $49,219
2022 $7,047 $91,224 $42,005 $49,219
2021 $7,191 $91,224 $42,005 $49,219
2020 $7,286 $91,224 $42,005 $49,219
2019 $7,354 $91,224 $42,005 $49,219
2018 $7,395 $91,224 $42,005 $49,219
2017 $7,465 $91,224 $42,005 $49,219
2016 $7,431 $91,224 $42,005 $49,219
2015 $11,802 $147,880 $42,005 $105,875
2014 $11,802 $147,880 $42,005 $105,875
2013 $11,802 $147,880 $42,005 $105,875
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09598341

Midwest Real Estate Data (MRED)

APN: 03-17-35-205-018