NOT LISTED FOR SALE
-- Bed
-- Bath
15,000 Sq Ft
0.48 Acres

Last Sold June 29, 2022

Last sale price $1,109,000 $74 Per Sq Ft

2 Days on Market

About This Home

As of June 2022

Investors! Here’s your chance to own a generously updated, 22 unit apartment building situated in a premier location. Vinegar Hill Apartments consists of 12 two-bedroom, and 10 one-bedroom / one bath apartments. Updates include newer paint and vinyl plank flooring, kitchen cabinetry, many new appliances, siding, windows, and seamless gutters. Coin operated utility rooms serve each building, as well as a number of storage closets providing the potential for additional revenue. Complex is secured by a 9 camera system with recording and viewing capabilities as well as fire monitoring. Sale also includes a single family home to the West known as 215 W Allen St.

Last Agent to Sell the Property

Matt Garrison

The Real Estate Group, Inc. License #475176635 Listed on: 04/28/2022

The Real Estate Group, Inc.

Last Buyer's Agent

CINDI KRUSE

The Real Estate Group, Inc. License #475102955

The Real Estate Group, Inc.

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $19,032

Lot Details

  • 0.48

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for gas, electric, heating
  • The owner pays for real estate taxes, insurance, common area, trash, snow/lawn, water/sewer, roof

Property Details

Property Type

Other

Est. Annual Taxes

$19,032

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Multi-Family
  • Lvt Date: 04/28/2022
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpeted, Tile/Vinyl
  • Total Building Sq Ft: 34000

Exterior Features

  • Exterior Finish: Brick, Vinyl
  • Frontage Access: City Street
  • Insulation: Unknown
  • Roof Construction: Comp Shingle
  • Wall Construction: Frame

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas

Lot Info

  • Zoning: R5B
  • Geo Subdivision: IL
  • Parcel 3: 14-33.0-477-036

Rental Info

  • Common Laundry: Yes
  • Owner Pays: Real Estate Taxes, Insurance, Common Area, Trash, Snow/Lawn, Water/Sewer, Roof
  • Sale Lease Includes: Building
  • Tenant Pays: Gas, Electric, Heating
  • Terms Lease: N/A

Tax Info

  • Annual Taxes: 19031.52
  • Parcel Id Number Tax Id: 14-33.0-477-018
  • Tax Incentive: None
  • Tax Year: 2020

Multi Family

  • Total Number Units: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
Jul 5, 2022
Sold by
Jtf Real Eastate Llc
Bought by
Ez2j Llc
Seller's Agent
Matt Garrison
The Real Estate Group, Inc.
Buyer's Agent
CINDI KRUSE
The Real Estate Group, Inc.
List Price
$1,200,000
Sold Price
$1,109,000
Premium/Discount to List
-$91,000
-7.58%
Total Days on Market
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$887,000
Outstanding Balance
$842,928
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2012

Purchase Details

Closed on
Nov 30, 2005

Purchase Details

Closed on
Jul 1, 1997

Purchase Details

Closed on
Feb 25, 1997
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
Ez2j Llc $1,109,000 Barber Segatto Hoffee Wilke &
-- $548,000 --
-- $703,700 --
-- -- --
-- $840,000 --
-- $800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ez2j Llc $887,000
Previous Owner Jtf Real Estate Llc $516,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2022 06/29/22 Sold $1,109,000 -7.6% $74 / Sq Ft
04/30/2022 04/30/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $1,200,000 +86.0% $80 / Sq Ft
03/16/2018 03/16/18 Sold $645,000 -5.0% $19 / Sq Ft
03/15/2018 03/15/18 Pending -- -- --
12/26/2017 12/26/17 For Sale $679,000 -- $20 / 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 $24,901 $296,460 $49,625 $246,835
2023 $23,941 $270,789 $45,328 $225,461
2022 $18,168 $202,745 $42,999 $159,746
2021 $17,566 $195,154 $41,389 $153,765
2020 $17,217 $195,447 $41,451 $153,996
2019 $16,897 $194,765 $41,306 $153,459
2018 $12,162 $143,937 $41,100 $102,837
2017 $11,910 $142,076 $40,569 $101,507
2016 $11,676 $140,004 $39,977 $100,027
2015 $11,563 $138,330 $39,499 $98,831
2014 $11,389 $137,437 $39,244 $98,193
2013 $11,135 $137,437 $39,244 $98,193
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1013945

RMLS Alliance

APN: 14-33.0-477-036