NOT LISTED FOR SALE

2012 Illinois Ave Murphysboro, IL 62966

Estimated Value: $199,000 - $288,000

4 Beds
2 Baths
1,440 Sq Ft
$173/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $565,000 $392 Per Sq Ft

Current estimated payment $1,939/month

46 Days on Market

About This Home

As of May 2022

Fantastic investment opportunity: 8 duplexes plus a home. This property has shown to be a steady income-maker with good occupancy rate. Updated with newer heat and central air units. Located in a quiet residential area of Murphysboro.

Last Agent to Sell the Property

Rolf Schilling

COMMERCIAL REALTY ASSOCIATES License #471012048 Listed on: 01/14/2022

Last Buyer's Agent

Rolf Schilling

COMMERCIAL REALTY ASSOCIATES License #471012048 Listed on: 01/14/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $26,175

Year Built

  • Built in 1980

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 395x219

Home Design

  • 1,440 Sq Ft Home

Utilities

  • Heating Available
  • Separate Meters

Community Details

Overview

  • 17 Units

Building Details

  • Trash Expense $1,486
  • Operating Expense $4,382
  • Gross Income $117,300
  • Net Operating Income $112,918

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,175

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Year Built: 1980
  • Legal Description: TOWER GROVE ADD LOTS 1, 2, 3, & 4 BLK 8 32-8-2
  • Estimated Age: 36-50 Years
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 17
  • Dishwashers: 1
  • Refrigerators: 15
  • Ranges: 15
  • Number of Washers: 17

Utilities

  • Electric: Separate Meters
  • Heat/Ventilation: Electric

Fee Information

  • Trash Expense: 1486

Lot Info

  • Lot Size Acres: 2
  • Lot Dimensions: 395x219
  • Property Offered: For Sale Only

Building Info

  • BuildingAreaTotal: 1440

Rental Info

  • Board Number: 29

Multi Family

  • Net Operating Income: 112918
  • GrossIncome: 117300
  • NumberOfUnitsTotal: 17
  • OperatingExpense: 4382

Tax Info

  • Tax Annual Amount: 26175

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2022
Sold by
Egyptian Re Holdings Llc
Bought by
Noles Tonya
Current Estimated Value
$249,667

Purchase Details

Listed on
Jan 14, 2022
Closed on
May 19, 2022
Sold by
Tp & Mp Llc
Bought by
Egyptian Re Holdings Llc
Seller's Agent
Rolf Schilling
COMMERCIAL REALTY ASSOCIATES
Buyer's Agent
Rolf Schilling
COMMERCIAL REALTY ASSOCIATES
List Price
$644,900
Sold Price
$565,000
Premium/Discount to List
-$79,900
-12.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-19.76%
Original Mortgage
$565,000
Outstanding Balance
$163,905
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$85,762

Purchase Details

Closed on
Apr 17, 2006
Sold by
Miller Tommy D and Miller Lucy M
Bought by
T & L Rentals Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Noles Tonya $41,000 --
Egyptian Re Holdings Llc -- None Listed On Document
T & L Rentals Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Egyptian Re Holdings Llc $565,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2022 05/20/22 Sold $565,000 -12.4% $392 / Sq Ft
03/01/2022 03/01/22 Pending -- -- --
01/14/2022 01/14/22 For Sale $644,900 -- $448 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $7,372 $75,938 $6,114 $69,824
2023 $7,260 $70,464 $5,673 $64,791
2022 $7,083 $66,353 $5,342 $61,011
2021 $9,088 $82,496 $6,642 $75,854
2020 $9,223 $82,093 $6,610 $75,483
2019 $8,692 $82,260 $6,623 $75,637
2018 $5,386 $53,894 $6,623 $47,271
2017 $5,383 $53,894 $6,623 $47,271
2016 $5,257 $53,894 $6,623 $47,271
2015 -- $53,894 $6,623 $47,271
2014 -- $89,465 $6,623 $82,842
2012 -- $89,465 $6,623 $82,842
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Rolf Schilling

    COMMERCIAL REALTY ASSOCIATES

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: EB442741

Midwest Real Estate Data (MRED)

APN: 09-32-453-017

Illinois Jackson County Murphysboro 62966

2012 Illinois Ave, Murphysboro, IL

Not Listed for Sale

MultiFamily

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