NOT LISTED FOR SALE

200 S Locust St McLeansboro, IL 62859

Estimated Value: $60,713

4 Beds
2 Baths
2,544 Sq Ft
$24/Sq Ft Est. Value

Last Sold January 28, 2022

Last sale price $49,000 $19 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $447/month

289 Days on Market

About This Home

As of January 2022

This complex is on a large corner lot. It has two units each with 2 bedrooms and 2 bathrooms. It has been updated and is ready for any investor! Both apartments are rented. A new metal roof and vinyl siding were installed in October of 2018. The downstairs furnace was new in 2019. Rental income is $1000 per month. Each tenant has given a $500 deposit that will go to the new owner. Tenants pay their own utilities. Utility meters are separate. There are two refrigerators and two stoves included in the sale. The wiring was updated in 2004. The property is being sold as is, and the seller will make no repairs and give no credits. It is priced to sell! Make an appointment today.

Last Agent to Sell the Property

ROBIN S. GELFIUS

RE/MAX Realty Central License #471020023 Listed on: 12/31/2020

Co-Listed By

ALLISON MARTYCHENKO

RE/MAX Realty Central License #n/a

Last Buyer's Agent

LISA TENNYSON

RE/MAX Elite License #475195904

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,244

Year Built

  • Built in 1955

Lot Details

  • 3,485

Schools

  • East Side Elementary School
  • Mcleansboro High School

Additional Features

  • Crawl Space
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,244

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Apartment Building
  • Legal Description: Lot 72 N 60' City of McLeansboro
  • Lvt Date: 12/31/2020
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Number of Ranges: 2
  • Number Refrigerators: 2
  • Basement: Crawl Space
  • Price Per Sq Ft: 19.26
  • Total Sq Ft: 2544

Exterior Features

  • Exterior: Vinyl Siding
  • Road Access: Paved
  • Roofing: Metal

Garage/Parking

  • Garage Parking: On-Street Parking
  • Number Parking Spaces: 4

Utilities

  • Heating Cooling: Forced Air, Gas
  • Water Sewer: Public Sewer, Public Water

Schools

  • Elementary School: East Side
  • High School: McLeansboro
  • Elementary School: East Side
  • High School: McLeansboro

Lot Info

  • Estimated Lot Size: 60'x60'
  • Estimated Number of Acres: 0.08
  • Lot Description: Corner
  • Zoning: Commercial
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: All Utilities
  • Gross Annual Rent Income: 13200

Tax Info

  • Annual Taxes: 1244.42
  • Parcel Id Number Tax Id: 0706801500
  • Tax Year: 2020

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 13200
  • Total Number Electric Meters: 2
  • Total Number Gas Meters: 2
  • Total Number Heating Units: 2
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2020
Closed on
Jan 22, 2022
Sold by
George Fleser Walter
Bought by
Ragan Clint W and Ragan Caroline E
Seller's Agent
ROBIN S. GELFIUS
RE/MAX Realty Central
Buyer's Agent
LISA TENNYSON
RE/MAX Elite
List Price
$57,000
Sold Price
$49,000
Premium/Discount to List
-$8,000
-14.04%
Current Estimated Value
$60,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,713
Avg. Annual Appreciation
5.49%

Purchase Details

Closed on
Mar 23, 2005
Sold by
Weeden Robert
Bought by
Fleser Walter G

Purchase Details

Closed on
Jul 21, 2004
Sold by
Hoerler John J and Hoerler Margaret R
Bought by
Weeden Robert
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ragan Clint W $49,000 Van Winkle & Van Winkle
Fleser Walter G $8,000 None Available
Weeden Robert $21,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flaser Walter G $9,763
Closed Flester Walter G $11,049
Open Fleser Walter G $38,455
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2022 01/28/22 Sold $49,000 -14.0% $19 / Sq Ft
10/16/2021 10/16/21 Pending -- -- --
08/26/2021 08/26/21 For Sale $57,000 0.0% $22 / Sq Ft
08/13/2021 08/13/21 Pending -- -- --
07/27/2021 07/27/21 For Sale $57,000 0.0% $22 / Sq Ft
07/06/2021 07/06/21 Pending -- -- --
04/03/2021 04/03/21 For Sale $57,000 0.0% $22 / Sq Ft
02/27/2021 02/27/21 Pending -- -- --
12/31/2020 12/31/20 For Sale $57,000 -- $22 / Sq Ft
Source: RMLS Alliance

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 $1,401 $16,569 $1,893 $14,676
2023 $1,401 $17,082 $1,952 $15,130
2022 $1,287 $14,370 $1,829 $12,541
2021 $1,244 $13,819 $1,759 $12,060
2020 $1,243 $13,011 $1,656 $11,355
2019 $1,243 $13,011 $1,656 $11,355
2018 $1,256 $13,011 $1,656 $11,355
2017 $1,250 $13,011 $1,656 $11,355
2015 $1,236 $13,096 $1,667 $11,429
2014 $1,214 $12,632 $1,608 $11,024
2013 -- $12,632 $1,608 $11,024
2012 -- $10,796 $1,374 $9,422
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: EB437788

RMLS Alliance

APN: 08-15-154-004