NOT LISTED FOR SALE

1400 State St Chester, IL 62233

Estimated Value: $58,974 - $141,000

Studio
-- Bath
1,800 Sq Ft
$53/Sq Ft Est. Value

Sale Details

Date Sold: January 31, 2024

Last sale price $116,000 $64 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $608 / mo

99 Days on Market

Highlights

  • Forced Air Heating System
  • Open Lot
  • 3-minute walk to Randolph County State Recreation Area

About This Home

As of January 2024

BACK ON THE MARKET due to NO fault of seller. Very nice ranch duplex with new vinyl siding is very eye-catching along the main street in Chester. Rented continually with very short vacancies. Sits on a large lot and a half with open parking area for 4 vehicles. New aeration septic system was installed by licensed plumber around 2018. Roof is around 12 years old. This duplex is cooled by window units. Basement has a walkout. Unit 1 is 975 sf, has 2 bedrooms, 1 bath, open concept kitchen/dining/living room, and a utility room. Unit 2 has 825 sf, 1 bedroom and 1 bath. Both units have a deck in back. Located within walking distance of the business district in Chester. This is a nice one. Call to set up an appointment soon; tenants rights are honored so allow sufficient time to schedule a showing.

Last Agent to Sell the Property

Robin Bert

Worth Clark Realty License #471.021195 Listed on: 10/16/2023

Worth Clark Realty

Last Buyer's Agent

Bruce Luthy

Golden Key Realty License #475.205343

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 8,934 Sq Ft Lot
  • Lot Dimensions are 60x149
  • Open Lot

Parking

  • Off-Street Parking

Home Design

  • 1,800 Sq Ft Home
  • Duplex
  • Frame Construction
  • Vinyl Siding

Laundry

  • Laundry in unit

Schools

  • Chester Dist 139 Elementary And Middle School
  • Chester High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater
  • Aerobic Septic System

Additional Features

  • Basement

Listing and Financial Details

  • Tenant pays for cable tv/satellite, electric, gas
  • Assessor Parcel Number 18-044-004-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

8,934 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: E German
  • Special Description: No Exemptions
  • Age: 64
  • Ownership: Private
  • Year Built: 1960
  • Directions: Ranch duplex sits on corner of State & East German. Next to the Chester FD and across from Chester PD station.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Basement, Laundry Facl-Private
  • Square Footage: 1800

Exterior Features

  • Construction: Frame, Vinyl Siding

Garage/Parking

  • Parking: Off Street, Open Lot

Utilities

  • Sewer: Aerator
  • Water: Public
  • Water Heater: Electric
  • Cooling: 2 Window/Wall
  • Heating: Forced Air

Schools

  • Elementary School: CHESTER DIST 139
  • Junior High School: CHESTER DIST 139
  • School District: CHESTER DIST 139
  • Senior High School: CHESTER

Lot Info

  • Lot Dimensions: 60x149
  • Lot Sq Ft: 8934
  • Acres: 0.2051

Rental Info

  • Tenancy Type: Month To Month
  • Tenant Pays: Cable TV/Satellite, Electric, Gas

Multi Family

  • Gross Operating Income: 15000.00
  • Units: 2
  • Total Expenses: 2879.00
  • Type Of Units: 2-Family

Tax Info

  • Taxes Paid: 1053
  • Assessor Parcel Number: 18-044-004-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2023
Closed on
Jan 31, 2024
Sold by
Eggemeyer Lanny and Eggemeyer Erica
Bought by
Luthy Burce A and Luthy Andrea L
Seller's Agent
Robin Bert
Worth Clark Realty
Buyer's Agent
Bruce Luthy
Golden Key Realty
List Price
$125,000
Sold Price
$116,000
Premium/Discount to List
-$9,000
-7.2%
Views
96
Current Estimated Value
$95,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,006
Avg. Annual Appreciation
-8.17%
Original Mortgage
$118,000
Outstanding Balance
$84,749
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$11,245

Purchase Details

Closed on
Nov 5, 2021
Sold by
Paul Misuraca Robert
Bought by
Eggemeyer Lanny and Eggemeyer Erica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,910
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2019
Sold by
Crum Darrell and Crum Teri
Bought by
Misuraca Robert Paul and Misuraca Barbara Jean
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Luthy Burce A $110,000 None Listed On Document
Eggemeyer Lanny -- Cooper Gilbreth & Doyle
Misuraca Robert Paul $45,000 None Available
Misuraca Robert Paul $45,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luthy Burce A $118,000
Previous Owner Eggemeyer Lanny $51,910
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2024 01/31/24 Sold $116,000 -7.2% $64 / Sq Ft
01/24/2024 01/24/24 Pending -- -- --
10/16/2023 10/16/23 For Sale $125,000 -- $69 / Sq Ft
Source: MARIS MLS

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 $1,187 $16,900 $3,305 $13,595
2022 $1,059 $14,800 $2,895 $11,905
2021 $1,053 $14,990 $2,930 $12,060
2020 $1,092 $15,352 $3,002 $12,350
2019 $1,100 $14,330 $2,915 $11,415
2018 $1,038 $15,799 $3,214 $12,585
2017 $1,007 $13,980 $2,845 $11,135
2016 $1,029 $13,365 $2,720 $10,645
2015 $1,000 $12,950 $2,635 $10,315
2014 $1,000 $13,000 $2,645 $10,355
2013 $1,000 $13,000 $2,645 $10,355
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS23062537

MARIS MLS

APN: 18-044-004-00

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