$725,000
SOLD SEP 10, 2025

163 S Main St Sugar Grove, IL 60554

-- Bed
-- Bath
-- Sq Ft
1937 Built

Recently Sold

6% Below List Price

112 Days on Market

About This Home

As of September 2025

This is a rare chance to own an amazing piece of history! Formerly "Sugar Grove Normal and Industrial School" in 1875 to 1905 where students would learn about agriculture and other vocational preparatory skills. 163 Main has been beautifully preserved and maintained offering 6 rental units; 1 one bedroom, 4 two bedroom units, and One with two bedrooms and bonus room. Coined operated laundry in utility room! One new furnace in box as back up! With this property so close to 88, elementary school, parks & shops, tenancy is never a problem. 12 parking spots for residents and their guests on site. This Historic and charming piece of history with its timeless architecture is a must see! Now is the time to take advantage of becoming a part of the fantastic community of Sugar Grove with growth and opportunity for the future!

Last Agent to Sell the Property

Melissa Garcia

Legacy Properties License #475133418 Listed on: 05/30/2025

Last Buyer's Agent

Edward Hall

Baird & Warner License #471008452

Baird & Warner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,640

Year Built

  • Built in 1937

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • 3-Story Property
  • Lot Dimensions are 120x121.1x119.8x123.5

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $383
  • Fuel Expense $359
  • Insurance Expense $8,401
  • Other Expense $576
  • Trash Expense $1,747
  • Water Sewer Expense $2,953
  • Operating Expense $29,059
  • Gross Income $61,020
  • Net Operating Income $31,961

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,640

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1937
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required
  • Estimated Age: Older
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Refrigerators: 6
  • Room: 4
  • Room: 4
  • Room: 0

Exterior Features

  • List Price: 775000

Utilities

  • Heat/Ventilation: Electric,Forced Air,Gas

Fee Information

  • Trash Expense: 1747
  • Water Sewer Expenses: 2953
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 120X121.1X119.8X123.5
  • Zoning: COMMR

Rental Info

  • Board Number: 5

Multi Family

  • Net Operating Income: 31961
  • Fuel Expense: 359
  • Insurance Expense: 8401
  • ElectricExpense: 383
  • GrossIncome: 61020
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 29059
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 14639.8
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2025
Sold by
B & G Rentals Llc 163 Main
Bought by
Anthem Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.72%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 25, 2018
Sold by
Bark Richard A and Bark Barbara A
Bought by
B And G Rentals Llc

Purchase Details

Closed on
Jan 29, 2007
Sold by
Gengler Ronald M and Gengler Carolyn E
Bought by
Gengler Ronald M and Ronald M Gengler 2007 Trust

Purchase Details

Closed on
Jan 9, 2001
Sold by
Bark Richard A and Bark Barbara A
Bought by
Bark Richard A and Bark Barbara A

Purchase Details

Closed on
Nov 28, 2000
Sold by
Gengler Ronald and Gengler Carolyn
Bought by
Gengler Ronald and Gengler Carol
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $725,000 Chicago Title
Quit Claim Deed -- Attorney
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $450,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2025 09/10/25 Sold $725,000 -6.5% --
05/30/2025 05/30/25 For Sale $775,000 -- --
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 $15,037 $177,041 $32,466 $144,575
2023 $14,640 $159,669 $29,280 $130,389
2022 $13,905 $147,405 $27,031 $120,374
2021 $13,440 $140,279 $25,724 $114,555
2020 $13,266 $137,286 $25,175 $112,111
2019 $13,087 $132,798 $24,352 $108,446
2018 $12,895 $127,654 $23,409 $104,245
2017 $12,538 $121,912 $22,356 $99,556
2016 $12,277 $116,540 $21,371 $95,169
2015 -- $108,430 $19,884 $88,546
2014 -- $103,681 $19,013 $84,668
2013 -- $104,771 $19,213 $85,558
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12379839

Midwest Real Estate Data (MRED)

APN: 14-21-180-020