Seller's Agent in 2020
Douglas Weber
Bird Realty
(815) 222-5806
3 in this area
48 Total Sales
Estimated Value: $181,000 - $273,000
24
Beds
16
Baths
--
Sq Ft
0.31
Acres Lot
About This Home
As of April 2020This 16 unit building features 8 one bedroom, one bath units and 8 two bedroom, one bath units. This multifamily building is offered for sale as a package of 8 rental properties in Byron, IL. Excellent rental history with a total of 9 buildings and 48 total units. Cap rate for this package is just over 10%. Extremely well maintained buildings with long term renters. Amazing investment opportunity in an upscale small town setting. Sold as a package - buildings will not be separated. Includes this listing as well as 10594176, 10594177, 10594178, 10594179, 10594180, 10594181, 10594183.
Property Details
Home Type
- Multi-Family
Year Built
- 1977
Lot Details
- 0.31
Home Design
- Vinyl Siding
Utilities
- Cooling System Mounted In Outer Wall Opening
Community Details
- Insurance Expense $4,440
- Manager Expense $3,067
Listing and Financial Details
- Tenant pays for electric
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 3, 2025
Sold by
Byron Legacy Properties Llc
Bought by
Borgetti Properties Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Outstanding Balance
$718,667
Interest Rate
6.39%
Mortgage Type
Commercial
Estimated Equity
-$502,667
Purchase Details
Listed on
Dec 16, 2019
Closed on
Apr 30, 2020
Sold by
Asher Gary L
Bought by
Byron Legacy Properties Llc
Seller's Agent
Douglas Weber
Bird Realty
Buyer's Agent
Douglas Weber
Bird Realty
List Price
$2,500,000
Sold Price
$2,250,000
Premium/Discount to List
-$250,000
-10%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-32.24%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Borgetti Properties Llc | $1,075,000 | Dw | |
| Byron Legacy Properties Llc | $1,950,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Borgetti Properties Llc | $720,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/30/2020 04/30/20 | Sold | $2,250,000 | -10.0% | -- |
| 01/11/2020 01/11/20 | Pending | -- | -- | -- |
| 12/16/2019 12/16/19 | For Sale | $2,500,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
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 | $1,252 | $14,681 | $3,002 | $11,679 |
| 2023 | $1,177 | $13,957 | $2,854 | $11,103 |
| 2022 | $1,110 | $12,944 | $2,647 | $10,297 |
| 2021 | $1,094 | $12,391 | $2,534 | $9,857 |
| 2020 | $1,009 | $12,148 | $2,484 | $9,664 |
| 2019 | $1,013 | $11,766 | $2,406 | $9,360 |
| 2018 | $971 | $10,981 | $2,246 | $8,735 |
| 2017 | $961 | $10,981 | $2,246 | $8,735 |
| 2016 | $903 | $10,780 | $2,205 | $8,575 |
| 2015 | $860 | $10,436 | $2,135 | $8,301 |
| 2014 | $849 | $10,436 | $2,135 | $8,301 |
| 2013 | $874 | $10,570 | $2,162 | $8,408 |
Source: Public Records
Agents Affiliated with this Home
-
Douglas Weber
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10594174
APN: 05-32-115-003
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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