2 E 7th St Sterling, IL 61081
Estimated payment $556/month
Highlights
- Farmhouse Style Home
- Corner Lot
- Forced Air Heating System
About This Home
Affordable duplex located near downtown with convenient access to shopping, dining, and major routes. The property features a 1-bedroom, 1-bath upper unit and a 1-bedroom, 1-bath lower unit, plus a full basement for storage and mechanicals. Both units are currently occupied on month-to-month leases, providing flexibility for a new owner. Owner pays all utilities. This is a solid opportunity for an investor or owner-occupant looking for a manageable multi-family property with room to improve cash flow over time.
Listing Agent
RE/MAX Sauk Valley Brokerage Phone: (815) 631-1384 License #475190887 Listed on: 01/09/2026
Co-Listing Agent
RE/MAX Sauk Valley Brokerage Phone: (815) 631-1384 License #475201312
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,017
Year Built
- Built in 1900
Lot Details
- Lot Dimensions are 79.5 x 77.25
- Corner Lot
Home Design
- Farmhouse Style Home
- Asphalt Roof
Interior Spaces
- 2-Story Property
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Bathrooms
Parking
- 6 Parking Spaces
- Parking Lot
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
Overview
- 2 Units
Building Details
- Gross Income $1,280
- Net Operating Income $800
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,017 | $19,342 | $3,699 | $15,643 |
| 2023 | $1,904 | $18,156 | $3,472 | $14,684 |
| 2022 | $1,856 | $17,371 | $3,322 | $14,049 |
| 2021 | $1,791 | $16,382 | $3,133 | $13,249 |
| 2020 | $1,741 | $15,808 | $3,023 | $12,785 |
| 2019 | $1,730 | $15,521 | $2,968 | $12,553 |
| 2018 | $1,712 | $15,546 | $2,973 | $12,573 |
| 2017 | $1,715 | $15,440 | $2,953 | $12,487 |
| 2016 | $1,672 | $14,943 | $2,858 | $12,085 |
| 2015 | $1,599 | $15,354 | $2,937 | $12,417 |
| 2014 | $1,595 | $15,013 | $2,872 | $12,141 |
| 2013 | $1,599 | $15,354 | $2,937 | $12,417 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/09/2026 01/09/26 | For Sale | $75,000 | +50.0% | -- | |
| 10/31/2024 10/31/24 | Sold | $50,000 | -16.5% | $40 / Sq Ft | View Prior Sale |
| 10/01/2024 10/01/24 | Pending | -- | -- | -- | |
| 09/20/2024 09/20/24 | For Sale | $59,900 | -- | $48 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $50,000 | None Listed On Document | |
| Warranty Deed | $50,000 | None Listed On Document |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $37,500 | New Conventional | |
| Closed | $37,500 | New Conventional |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12544086
APN: 1121406012
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