NOT LISTED FOR SALE

15 W Warren St Princeton, IL 61356

Estimated Value: $292,335

-- Bed
5 Baths
-- Sq Ft
10,454 Sq Ft Lot

Last Sold October 11, 2018

Last sale price $230,000

Est. 27% increase in value since last sale

Current estimated payment $2,191/month

489 Days on Market

About This Home

As of October 2018

One of Princeton's highest traffic counts with great exposure to Rt. 26 also known as Main St. Block building with 4,760 square feet on main level that is currently divided into 4 retail/office spaces. Second level has 5 apartments with a enclosed secure hallway . Ample parking with one of the main floor rentals has overhead garage door for delivery vehicle or additional storage. This building is very adaptable with limited load bearing interior walls due to spanned concrete floor for second level. New roof installed in 2008. Building has no steps on main level for easy access . Shared bathrooms and break area . Coin operated laundry room with folding table for renters use. Current main level tenants have been in place for many years. Appraisal on file that can be shared with qualified buyer after initial showing of building.

Last Agent to Sell the Property

Raymond Mabry

Harvest Realty and Development Listed on: 05/31/2017

Last Buyer's Agent

William Brown

Harvest Realty and Development

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,653

Year Built

  • Built in 1979

Lot Details

  • 10,454

Additional Features

  • 2-Story Property
  • Lot Dimensions are 80x130
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 5 Units

Building Details

  • Insurance Expense $1,800
  • Maintenance Expense $1,500
  • Other Expense $1,000
  • Trash Expense $1,200
  • Water Sewer Expense $1,200
  • Operating Expense $15,853
  • Gross Income $3,900
  • Net Operating Income $30,947

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,653

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Other
  • Stories: 2
  • Year Built: 1979
  • Built Before 1978 (Y/N): No
  • Information: List Broker Must Accompany
  • Estimated Age: 36-50 Years
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • List Price: 249900

Utilities

  • Heat/Ventilation: Electric

Fee Information

  • Trash Expense: 1200
  • Water Sewer Expenses: 1200
  • Janitor Expense: 500

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 80X130
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 18

Multi Family

  • Net Operating Income: 30947
  • Insurance Expense: 1800
  • GrossIncome: 3900
  • Maintenance Expense: 1500
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 15853
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 8653
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2021
Sold by
Morales Rose M and Morales Enrique S
Bought by
Dnd Property Solutions Llc
Current Estimated Value
$292,335

Purchase Details

Closed on
Aug 16, 2019
Sold by
Morales Rose M
Bought by
Morales Rose M and Diaz Enrique S

Purchase Details

Listed on
May 31, 2017
Closed on
Oct 5, 2018
Sold by
Hemminghaus Henry
Bought by
Morales Rose M
Seller's Agent
Raymond Mabry
Harvest Realty and Development
Buyer's Agent
William Brown
Harvest Realty and Development
List Price
$249,900
Sold Price
$230,000
Premium/Discount to List
-$19,900
-7.96%
Source: Public Records

Range of Values:

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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
Dnd Property Solutions Llc -- None Listed On Document
Morales Rose M -- None Available
Morales Rose M $230,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2018 10/11/18 Sold $230,000 -8.0% --
10/02/2018 10/02/18 Pending -- -- --
09/17/2018 09/17/18 For Sale $249,900 +8.7% --
09/15/2018 09/15/18 Off Market $230,000 -- --
07/16/2018 07/16/18 For Sale $249,900 +8.7% --
07/04/2018 07/04/18 Off Market $230,000 -- --
05/15/2018 05/15/18 Price Changed $249,900 -9.0% --
04/04/2018 04/04/18 For Sale $274,500 +19.3% --
04/01/2018 04/01/18 Off Market $230,000 -- --
11/15/2017 11/15/17 Price Changed $274,500 -8.3% --
09/29/2017 09/29/17 For Sale $299,500 0.0% --
09/29/2017 09/29/17 Price Changed $299,500 +30.2% --
09/15/2017 09/15/17 Off Market $230,000 -- --
08/09/2017 08/09/17 For Sale $320,000 +39.1% --
08/01/2017 08/01/17 Off Market $230,000 -- --
05/31/2017 05/31/17 For Sale $320,000 -- --
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 $7,892 $100,253 $13,078 $87,175
2023 $7,892 $92,331 $12,045 $80,286
2022 $7,459 $86,566 $11,293 $75,273
2021 $7,294 $81,944 $10,690 $71,254
2020 $7,093 $78,944 $10,299 $68,645
2019 $7,093 $78,000 $10,176 $67,824
2018 $6,962 $76,666 $10,002 $66,664
2017 $8,917 $96,883 $10,038 $86,845
2016 $8,701 $94,354 $9,776 $84,578
2015 -- $92,705 $9,605 $83,100
2014 -- $92,705 $9,605 $83,100
2013 -- $93,208 $9,657 $83,551
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09642499

Midwest Real Estate Data (MRED)

APN: 16-09-360-012