$195,000
SOLD AUG 30, 2024

1568 N Il Route 23 Streator, IL 61364

9 Beds
6 Baths
-- Sq Ft
0.5 Acres

Recently Sold

3% Above List Price

4 Days on Market

About This Home

As of August 2024

This property presents a rare opportunity for savvy investors or owner-occupiers looking to generate steady rental income in a high demand rental market. This property boasts three-3 bedroom units offering comfortable living spaces and a full bathroom off some of the primary bedrooms. There is also a 30'x50' three car garage that is currently rented for storage on site. This is a profitable, well maintained property that is turn-key ready! (Legal address is as listed, to find on maps, you may need to use address: 1568 Bloomington St. Streator)

Last Agent to Sell the Property

Nathan Byers

TCG Realty License #475200194 Listed on: 07/10/2024

TCG Realty

Co-Listed By

Kimberly Hanouw

TCG Realty License #475178903

Last Buyer's Agent

Brian Kalsto

Real People Realty License #475159911

Real People Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,613

Year Built

  • Built in 1934 | Remodeled in 1994

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 300x50
  • Additional Parcels

Parking

  • 3 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 6 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Private or Community Septic Tank

Community Details

Overview

  • 3 Units

Building Details

  • Maintenance Expense $3,945
  • Manager Expense $2,917
  • Trash Expense $969
  • Water Sewer Expense $2,017
  • Net Operating Income $20,064

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,613

Year Built

Built in 1934 | Remodeled in 1994

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1934
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 1994
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 1994

Interior Features

  • Basement: Full
  • Total Bathrooms: 6
  • Total Bedrooms: 9
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 6
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner,Laundry Hook-Up
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner,Laundry Hook-Up
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner,Laundry Hook-Up

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 189000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 8
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Septic-Private
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Manager Expense: 2917

Fee Information

  • Trash Expense: 969
  • Water Sewer Expenses: 2017

Schools

  • Middle/Junior School District: 44

Lot Info

  • Additional Parcels Description: 3313129000
  • Additional Parcels: Yes
  • Lot Size Acres: 0.5
  • Lot Dimensions: 300X50
  • Zoning: MULTI
  • Lot Size: .50-.99 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 17

Multi Family

  • Net Operating Income: 20064
  • Maintenance Expense: 3945
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Story Unit/s

Tax Info

  • Tax Annual Amount: 2612.78
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2024
Closed on
Aug 27, 2024
Sold by
Talarico Stacy J and Talarico Nicholas J
Bought by
Rkc Home Enterprises Llc
Seller's Agent
Nathan Byers
TCG Realty
Buyer's Agent
Brian Kalsto
Real People Realty
List Price
$189,000
Sold Price
$195,000
Premium/Discount to List
$6,000
3.17%
Total Days on Market
4
Views
43
Current Estimated Value
$214,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,253
Avg. Annual Appreciation
13.19%

Purchase Details

Closed on
Oct 19, 2020
Sold by
Ruiz Manuel and Ruiz Ernestina
Bought by
Talarico Stacy J and Talarico Nicholas J

Purchase Details

Closed on
Jan 29, 2013
Sold by
Ruiz Manuel and Ruiz Ernestina
Bought by
Ruiz Manuel and Ruiz Ernestina
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 Type Sale Price Title Company
Warranty Deed $195,000 None Available
Warranty Deed $163,000 None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $195,000 +3.2% --
07/16/2024 07/16/24 Pending -- -- --
07/11/2024 07/11/24 For Sale $189,000 -- --
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 $2,909 $45,112 $2,956 $42,156
2023 $2,909 $38,397 $2,199 $36,198
2022 $2,540 $33,543 $1,921 $31,622
2021 $2,449 $31,651 $1,813 $29,838
2020 $2,356 $30,655 $1,756 $28,899
2019 $1,810 $28,714 $1,645 $27,069
2018 $1,481 $24,370 $1,568 $22,802
2017 $1,464 $24,240 $1,560 $22,680
2016 $1,615 $26,023 $1,675 $24,348
2015 $1,603 $25,618 $1,649 $23,969
2012 -- $29,443 $1,895 $27,548
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12101215

Midwest Real Estate Data (MRED)

APN: 33-13-112000