NOT LISTED FOR SALE

1407 S Oak Ave Freeport, IL 61032

Estimated Value: $80,000 - $99,000

3 Beds
3 Baths
-- Sq Ft
19,166 Sq Ft Lot

Last Sold June 10, 2021

Last sale price $61,622

Est. 44% increase in value since last sale

Current estimated payment $626/month

77 Days on Market

About This Home

As of June 2021

Sharp duplex consisting of One 2 Br and one 1 BR units. Tenants pay all utilities, owner only pays for taxes insurance and some mowing for the HUGE yard. Newer vinyl windows and excellent condition throughout. Good rental history. Garage is rented. Upper unit currently vacant, downstairs is rented. 15% pro forma return. Call today to see it !

Last Agent to Sell the Property

Brian Borchardt

A-1 Agency License #471004534 Listed on: 02/22/2021

Last Buyer's Agent

Brian Borchardt

A-1 Agency License #471004534 Listed on: 02/22/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,607

Year Built

  • Built in 1892

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 68 x 287

Parking

  • 1 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating System Uses Natural Gas

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $13,080
  • Net Operating Income $10,588

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,607

Year Built

Built in 1892

Lot Details

0.44 Acres

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1892
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Conversion YN: Y

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.44
  • Lot Dimensions: 68 X 287
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 3

Multi Family

  • Net Operating Income: 10588
  • GrossIncome: 13080
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 1607.16
  • Tax Year: 2019
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2011
Current Estimated Value
$88,837
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
-- $40,375 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2021 06/10/21 Sold $61,622 -12.7% --
05/10/2021 05/10/21 Pending -- -- --
02/22/2021 02/22/21 For Sale $70,586 -- --
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 $2,023 $18,068 $2,509 $15,559
2023 $1,895 $14,901 $2,590 $12,311
2022 $1,850 $14,901 $2,590 $12,311
2021 $1,890 $14,436 $2,509 $11,927
2020 $1,878 $14,436 $2,509 $11,927
2019 $1,607 $12,190 $2,509 $9,681
2018 $1,573 $11,908 $2,509 $9,399
2017 $1,547 $11,710 $2,509 $9,201
2016 $1,545 $11,826 $2,509 $9,317
2015 $1,565 $12,156 $2,523 $9,633
2013 $1,791 $14,980 $2,661 $12,319
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Brian Borchardt

    A-1 Agency

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11001177

Midwest Real Estate Data (MRED)

APN: 18-19-06-203-011

Illinois Stephenson County Freeport 61032

1407 S Oak Ave, Freeport, IL

Not Listed for Sale

MultiFamily

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.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID

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