NOT LISTED FOR SALE

Estimated Value: $319,000 - $374,184

10 Beds
-- Bath
5,330 Sq Ft
$66/Sq Ft Est. Value

Last Sold April 01, 2024

Last sale price $350,000 $66 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,426/month

2 Days on Market

Highlights

  • 0.29 Acre Lot
  • Corner Lot
  • Hot Water Heating System
  • Property is near public transit
  • Laundry Room

About This Home

As of April 2024

Open Sat 3/8/2024 3:30-4:30- Calling all smart investors! This 5-unit near I.S.U. campus is a no-brainer! Spacious townhouses with 2 beds, 2 baths, and full basements are perfect for tenants. Well-maintained building with brick and vinyl exterior, plus balconies off of the primary bedrooms, this investment screams "success"! Don't miss out on this great opportunity!Tenants pay their own gas and electricity. This corner lot is not just a pretty face, it's got the parking game too! With not one, but TWO parking spaces per unit, your tenants wheels will never have to play musical chairs again. Unit #1 has some newer windows, doors, flooring and shower. Unit #2 has a new vanity and stoole in the full bath. Unit #3 just updated in October/November 2023 with new florring and windows throughout, new exterior doors and upstairs interior doors, bathroom fixtures, and fresh paint. Unit #4 has a new dishwasher. Two window A/C units in each townhouse plus ceiling fans in all bedrooms and living rooms. Less than 1 mile to Illinois State University campus; close to parks, playground, and shopping. Very nice basements with clean sealed floors and convenience of a washer and dryer in each unit. Large eat-in kitchen, one full and one half bathroom, and full basements make this most desirable.

Last Agent to Sell the Property

Adrianne Cornejo

Keller Williams Revolution License #475170027 Listed on: 03/08/2024

Keller Williams Revolution

Co-Listed By

Casey Kearfott

Keller Williams Revolution License #475162449

Last Buyer's Agent

Cindy Eckols

RE/MAX Choice License #475130274

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,704

Year Built

  • Built in 1972

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 150 x 85
  • Corner Lot

Home Design

  • Brick Foundation
  • Composition Roof

Interior Spaces

  • 5,330 Sq Ft Home
  • 2-Story Property
  • Laundry Room
  • Unfinished Basement

Parking

  • 10 Open Parking Spaces
  • 6 to 12 Parking Spaces

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Separate Meters

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $480
  • Fuel Expense $1,149
  • Insurance Expense $1,875
  • Trash Expense $1,800
  • Water Sewer Expense $4,800
  • Gross Income $4,000
  • Net Operating Income $37,896

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,704

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Condo/Townhouse
  • Stories: 2
  • Year Built: 1972
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: 36-50 Years
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Description: Unfinished
  • Misc Inside: Laundry Room
  • Fireplaces: 4
  • Drive-In Doors: 5
  • Dishwashers: 5
  • Refrigerators: 5
  • Ranges: 5
  • Number of Windows: 10
  • Number of Washers: 4

Exterior Features

  • Foundation Details: Brick/Mortar
  • Frontage Type: City Street
  • List Price: 350000
  • Roof: Composition
  • Exterior Building Type: Vinyl Siding,Brick
  • Roof Structure: Hip
  • Misc Outside: Balcony/ies,Storms and Screens (as exist)

Garage/Parking

  • OpenParkingSpaces: 10
  • Outdoor Parking: 6-12 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers
  • Heat/Ventilation: Hot Water,Separate Per Unit
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Conversion YN: N
  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 1800
  • Water Sewer Expenses: 4800
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.29
  • Lot Dimensions: 150 X 85
  • Lot Size Sq Ft: 12750
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Board Number: 23

Building Info

  • BuildingAreaTotal: 5330

Multi Family

  • Net Operating Income: 37896
  • Fuel Expense: 1149
  • Insurance Expense: 1875
  • ElectricExpense: 480
  • GrossIncome: 4000
  • NumberOfUnitsTotal: 5
  • Expense Year: 2022
  • Type Multi-Family: Condo/Townhouse

Tax Info

  • Tax Annual Amount: 6704.28
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
Apr 1, 2024
Sold by
Phillips Brooks and Data Jill M
Bought by
Safe Haven Rentals Llc
Seller's Agent
Adrianne Cornejo
Keller Williams Revolution
Buyer's Agent
Cindy Eckols
RE/MAX Choice
List Price
$350,000
Sold Price
$350,000
Views
37
Current Estimated Value
$353,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,546
Avg. Annual Appreciation
0.69%
Original Mortgage
$288,750
Outstanding Balance
$284,452
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$69,094

Purchase Details

Listed on
Jul 17, 2018
Closed on
Nov 8, 2018
Sold by
Hammerstrand Lydia D
Bought by
Phillips Brooks and Data Jill M
Seller's Agent
Janice Vidovic
Clients Are Golden Realty,LLC
Buyer's Agent
Jordan Drahota
Green Street Realty
List Price
$236,000
Sold Price
$234,000
Premium/Discount to List
-$2,000
-0.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.74%
Original Mortgage
$210,600
Interest Rate
4.8%

Purchase Details

Closed on
Oct 26, 2009
Sold by
Kauffman John and Kauffman Evelyn
Bought by
Hammerstrand Lydia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,600
Interest Rate
6.5%
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
Safe Haven Rentals Llc $350,000 None Listed On Document
Phillips Brooks $234,000 Mclean County Title
Hammerstrand Lydia D $212,000 Mclean County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Safe Haven Rentals Llc $288,750
Previous Owner Phillips Brooks $210,600
Previous Owner Hammerstrand Lydia D $169,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2024 04/01/24 Sold $350,000 0.0% $66 / Sq Ft
03/11/2024 03/11/24 Pending -- -- --
03/08/2024 03/08/24 For Sale $350,000 +49.6% $66 / Sq Ft
11/08/2018 11/08/18 Sold $234,000 -0.8% --
10/10/2018 10/10/18 Pending -- -- --
10/05/2018 10/05/18 For Sale $236,000 0.0% --
09/07/2018 09/07/18 Pending -- -- --
07/17/2018 07/17/18 For Sale $236,000 -- --
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 $6,704 $92,260 $21,033 $71,227
2022 $6,704 $74,633 $17,014 $57,619
2021 $6,476 $70,415 $16,052 $54,363
2020 $6,440 $69,683 $15,885 $53,798
2019 $6,222 $69,309 $15,800 $53,509
2018 $6,153 $68,576 $15,633 $52,943
2017 $5,934 $68,576 $15,633 $52,943
2016 $5,869 $68,576 $15,633 $52,943
2015 $5,710 $66,969 $15,267 $51,702
2014 $5,639 $66,969 $15,267 $51,702
2013 -- $66,969 $15,267 $51,702
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11999807

Midwest Real Estate Data (MRED)

APN: 14-29-252-001