NOT LISTED FOR SALE

201 5th Ave Sterling, IL 61081

Estimated Value: $152,000

-- Bed
8 Baths
-- Sq Ft
6,750 Sq Ft Lot

Last Sold September 09, 2020

Last sale price $242,167

Est. 37% decrease in value since last sale

Current estimated payment $978/month

197 Days on Market

About This Home

As of September 2020

Property Id: 1163548

Studio for rent. very modern. Available May 1 2025. No pets, no smoking.

Last Agent to Sell the Property

Eric Bird

Bird Realty License #471002935 Listed on: 01/09/2020

Last Buyer's Agent

Eric Bird

Bird Realty License #471002935 Listed on: 01/09/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,350

Lot Details

  • 6,750 Sq Ft Lot
  • Lot Dimensions are 50x135

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 8 Bathrooms
  • 2-Story Property

Utilities

  • Central Heating and Cooling System

Community Details

Overview

  • 8 Units

Building Details

  • Electric Expense $3,180
  • Fuel Expense $2,400
  • Insurance Expense $1,438
  • Maintenance Expense $492
  • Trash Expense $1,368
  • Water Sewer Expense $1,956
  • Operating Expense $10,474
  • Gross Income $48,000
  • Net Operating Income $37,526

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,350

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Other
  • Stories: 2
  • Built Before 1978 (Y/N): No
  • Information: 24-Hr Notice Required,REO/Lender Owned
  • Estimated Age: 1-6 Years
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 8
  • Possible Use: Multi-Family
  • Fireplaces: 0
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 0
  • Ranges: 0
  • Number of Windows: 0
  • Number of Washers: 0
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Wood Frame
  • Frontage Type: City Street
  • List Price: 299900
  • Roof: Composition
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Outdoor Parking: 1-5 Spaces

Utilities

  • Cooling: Central Air
  • Heat/Ventilation: Central Bldg Heat

Condo/Co-op/Association

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

Fee Information

  • Trash Expense: 1368
  • Water Sewer Expenses: 1956
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50X135
  • Lot Size Sq Ft: 6750
  • Zoning: MULTI

Rental Info

  • Tenant Pays: None
  • Board Number: 19

Multi Family

  • Net Operating Income: 37526
  • Fuel Expense: 2400
  • Insurance Expense: 1438
  • ElectricExpense: 3180
  • GrossIncome: 48000
  • Maintenance Expense: 492
  • NumberOfUnitsTotal: 8
  • OperatingExpense: 10474
  • Expense Year: 2018
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 2350.48
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2020
Closed on
Sep 9, 2020
Sold by
Community State Bank Rck
Bought by
Cozy Living Llc
Seller's Agent
Eric Bird
Bird Realty
Buyer's Agent
Eric Bird
Bird Realty
List Price
$315,000
Sold Price
$242,167
Premium/Discount to List
-$72,833
-23.12%
Current Estimated Value
$152,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$90,167
Original Mortgage
$118,600
Outstanding Balance
$105,537
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2018
Sold by
Northwest Homes Inc
Bought by
Community State Bank

Purchase Details

Closed on
May 31, 2018
Sold by
Northwest Homes Inc
Bought by
Community State Bank

Purchase Details

Closed on
Nov 10, 2015
Sold by
Hibbard Timothy S
Bought by
Northwest Homes Inc

Purchase Details

Closed on
Jun 2, 2015
Sold by
Restani Eduardo
Bought by
Hibbard Timothy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.02%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Feb 20, 2014
Closed on
Feb 6, 2015
Sold by
Premier Income Properties Llc
Bought by
Restani Eduardo
Seller's Agent
Carinne Price-Kuehl
Century 21 Affiliated
Buyer's Agent
Carinne Price-Kuehl
Century 21 Affiliated
List Price
$47,500
Sold Price
$10,000
Premium/Discount to List
-$37,500
-78.95%

Purchase Details

Closed on
Jun 4, 2008
Sold by
Utcnp Enterprises Llc
Bought by
Premier Income Properties Llc

Purchase Details

Closed on
Jul 27, 2006
Sold by
Wells Fargo Bank Na
Bought by
Kuehl William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
6.73%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 4, 2006
Sold by
Osorio Frank
Bought by
Wells Fargo Bank Na
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
Cozy Living Llc $206,000 None Available
Community State Bank -- --
Community State Bank -- --
Northwest Homes Inc -- Attorney
Hibbard Timothy S $22,500 None Available
Restani Eduardo $10,000 None Available
Premier Income Properties Llc -- None Available
Kuehl William $59,000 None Available
Wells Fargo Bank Na -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cozy Living Llc $118,600
Closed 105 Cozy Living Llc $75,000
Previous Owner Northwest Homes Inc $412,500
Previous Owner Northwest Homes Inc $124,447
Previous Owner Northwest Homes Inc $75,000
Previous Owner Hibbard Timothy S $250,000
Previous Owner Kuehl William $59,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2025 06/04/25 Off Market $650 -- --
04/14/2025 04/14/25 For Rent $650 0.0% --
04/07/2025 04/07/25 Off Market $650 -- --
03/03/2025 03/03/25 For Rent $650 0.0% --
12/20/2024 12/20/24 Off Market $650 -- --
11/21/2024 11/21/24 For Rent $650 0.0% --
09/10/2024 09/10/24 For Rent $650 0.0% --
09/09/2020 09/09/20 Sold $242,167 -19.3% --
07/24/2020 07/24/20 Pending -- -- --
06/09/2020 06/09/20 Price Changed $299,900 -4.8% --
01/09/2020 01/09/20 For Sale $315,000 +3050.0% --
02/06/2015 02/06/15 Sold $10,000 -60.0% --
01/24/2015 01/24/15 Pending -- -- --
01/21/2015 01/21/15 Price Changed $25,000 -47.4% --
02/19/2014 02/19/14 For Sale $47,500 -- --
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 $7,153 $68,607 $3,748 $64,859
2023 $7,193 $68,607 $3,748 $64,859
2022 $9,572 $89,586 $3,748 $85,838
2021 $2,482 $89,586 $3,748 $85,838
2020 $2,498 $89,586 $3,748 $85,838
2019 $2,350 $87,959 $3,680 $84,279
2018 $2,327 $88,100 $3,686 $84,414
2017 $2,812 $87,497 $3,661 $83,836
2016 $1,979 $17,693 $3,543 $14,150
2015 $298 $28,592 $3,640 $24,952
2014 $297 $27,957 $3,559 $24,398
2013 $298 $28,592 $3,640 $24,952
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10606493

Midwest Real Estate Data (MRED)

APN: 1122352005