NOT LISTED FOR SALE

2012 Illinois Ave Murphysboro, IL 62966

Estimated Value: $176,000 - $286,000

4 Beds
2 Baths
1,440 Sq Ft
$153/Sq Ft Est. Value

Last Sold May 20, 2022

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

Current estimated payment $1,507/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

Pam Schilling

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

Last Buyer's Agent

Pam 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

Schools

  • Murphysboro High School

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,175

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 1 Story | Other Style | Duplex/Side by Side
  • Legal Description: TOWER GROVE ADD LOTS 1, 2, 3, & 4 BLK 8 32-8-2
  • Lvt Date: 01/14/2022
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dish Washers: 1
  • Number Dryers: 17
  • Number of Ranges: 15
  • Number Refrigerators: 15
  • Number Washers: 17
  • Price Per Sq Ft: 392.36
  • Total Sq Ft: 1440

Exterior Features

  • Roofing: Shingles

Garage/Parking

  • Number Parking Spaces: 30

Utilities

  • Heating Cooling: Electric
  • Water Sewer: Public Sewer, Public Water
  • Garbage Collection Exp: 1486

Schools

  • High School: Murphysboro

Lot Info

  • Estimated Lot Size: 395x219
  • Estimated Number of Acres: 2
  • Lot Description: Level
  • Additional Assessor Parcel Numbers: 09-32-453-017
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Rental Info

  • Gross Annual Rent Income: 117300
  • Management Expense: 2896

Tax Info

  • Annual Taxes: 26175
  • Parcel Id Number Tax Id: 09-32-453-016
  • Tax Year: 2020

Multi Family

  • Total Number Units: 17
  • Gross Annual Income: 117300
  • Total Number Central Air Units: 17
  • Total Number Electric Meters: 17
  • Total Number Gas Meters: 1
  • Total Number Heating Units: 17
  • Total Number Water Heaters: 17
  • Total Number Water Meters: 17

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
$241,000

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
Pam Schilling
COMMERCIAL REALTY ASSOCIATES
Buyer's Agent
Pam 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
-23.04%
Original Mortgage
$565,000
Outstanding Balance
$183,679
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$36,988

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: 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 $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

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Map

Source: RMLS Alliance

MLS Number: EB442741

RMLS Alliance

APN: 09-32-453-017