NOT LISTED FOR SALE

134 W 3rd St Byron, IL 61010

Estimated Value: $83,261 - $269,000

24 Beds
16 Baths
-- Sq Ft
0.31 Acres

Last Sold April 30, 2020

Last sale price $2,250,000

Current estimated payment $1,043/month

26 Days on Market

About This Home

As of April 2020

This 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.

Last Agent to Sell the Property

Douglas Weber

Bird Realty License #475127481 Listed on: 12/16/2019

Last Buyer's Agent

Douglas Weber

Bird Realty License #475127481 Listed on: 12/16/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,252

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,252

Year Built

1977

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Oper Income: 85155
  • Outdoor Parking: 19-30 Spaces
  • Repairs Decor Expense: 2800
  • Total Annual Exp: 27345
  • Total Annual Income: 112500
  • Total Monthly Income: 9280
  • Number Of Stories: 2
  • Estimated Year Built: 1977
  • Type Multi Family: Corridor-Interior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1977

Exterior Features

  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Number Of Parking Spaces: 22

Utilities

  • Air Conditioner: Wall Sleeve
  • Heatventilation: Electric

Condo/Co-op/Association

  • Units in Building: 16
  • Manager Expense: 3067

Lot Info

  • Lot Dimensions: 175X135
  • Parcel Identification Number: 05321120220000

Rental Info

  • Gross Rental Income: 112500
  • Tenant Pays: Electric

Multi Family

  • Gross Rent Multiplier: 1
  • Insurance Expense: 4440
  • Other Expenses: 1400

Tax Info

  • Taxes: 15637

Ownership History

Date Name Owned For Owner Type

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%
Current Estimated Value
$168,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,081,435
Avg. Annual Appreciation
-39.25%
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
Byron Legacy Properties Llc $1,950,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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 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 $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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10594174

Midwest Real Estate Data (MRED)

APN: 05-32-115-003