$100,000
SOLD FEB 16, 2024

202 Liberty Dr Belleville, IL 62226

-- Bed
-- Bath
2,000 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$50 Per Sq Ft

13% Below List Price

34 Days on Market

About This Home

As of February 2024

Excellent investment opportunity in the city of Belleville! This attractive property features two 2-bedroom, 1-bath units, each equipped with a carport and storage space. Both units are currently leased month-to-month generating $600 in rental income per side. With tenants responsible for all utilities, this income-producing property offers a hassle-free investment. The spacious units boast generous living and dining areas, full bathrooms, well-appointed kitchens, ample hallway closets, and comfortable bedrooms on the main floor. The property is being sold in its current condition, "As Is," with no repairs or inspections to be conducted by the seller.

Last Agent to Sell the Property

Dexter Wuller

RE/MAX Preferred License #475163791 Listed on: 01/12/2024

RE/MAX Preferred

Last Buyer's Agent

Hoa Nguyen

Worth Clark Realty License #475.194836

Worth Clark Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,021

Year Built

  • Built in 1979

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 84x120

Home Design

  • 2,000 Sq Ft Home
  • Duplex
  • Brick or Stone Mason

Parking

  • Carport
  • Off-Street Parking

Schools

  • Belleville Dist 118 Elementary And Middle School
  • Belleville High School-West

Utilities

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

Listing and Financial Details

  • Tenant pays for all utilities, electric, gas, sewer, trash removal, water
  • Assessor Parcel Number 08-18.0-200-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,021

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: Freedom Dr
  • Special Description: No Exemptions
  • Age: 45
  • Year Built: 1979
  • Directions: Fulllerton Road to Freedom Dr to LEFT on Liberty
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: No Basement/Slab
  • Square Footage: 2000

Exterior Features

  • Construction: Brick/Stone Msn Pred

Garage/Parking

  • Parking: 1-2 Car Carport, Off Street

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: Central-Electric
  • Heating: Forced Air

Schools

  • School District: Belleville DIST 118
  • Elementary School: BELLEVILLE DIST 118
  • Middle School: BELLEVILLE DIST 118
  • High School: Belleville High School-West
  • Elementary School: BELLEVILLE DIST 118
  • Junior High School: BELLEVILLE DIST 118
  • School District: Belleville DIST 118
  • Senior High School: Belleville High School-West

Lot Info

  • Lot Dimensions: 84X120
  • Lot Sq Ft: 10019
  • Acres: 0.2300

Rental Info

  • Tenancy Type: Month To Month
  • Tenant Pays: All Utilities, Electric, Gas, Sewer, Trash Removal, Water

Multi Family

  • Gross Operating Income: 14400.00
  • Units: 2
  • Total Expenses: 5839.00
  • Type Of Units: 2-Family

Tax Info

  • Taxes Paid: 2821
  • Assessor Parcel Number: 08-18.0-200-007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2024
Closed on
Feb 15, 2024
Sold by
Gogo Homes Llc
Bought by
Flock & Co Llc
Seller's Agent
Dexter Wuller
RE/MAX Preferred
Buyer's Agent
Hoa Nguyen
Worth Clark Realty
List Price
$114,900
Sold Price
$100,000
Premium/Discount to List
-$14,900
-12.97%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.17%

Purchase Details

Closed on
Feb 1, 2023
Sold by
J Gough Properties
Bought by
Illinois Llc

Purchase Details

Closed on
Aug 23, 2018
Sold by
Gough Justin D and Gough Jamie L
Bought by
J Gough Properties Llc

Purchase Details

Closed on
Jun 15, 2018
Sold by
Crews Jason A and Bowman Marissa K
Bought by
Gough Justin and Gough Jamie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,500
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2017
Sold by
Cook Rodger C
Bought by
Crews Jason A and Bowman Marissa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
4.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 24, 2015
Sold by
Schuessler Brett and Cook Rodger C
Bought by
Cook Roger C

Purchase Details

Closed on
Jun 19, 2015
Sold by
Schuessler Brett
Bought by
Cook Rodger C and Schuessler Brett

Purchase Details

Closed on
May 20, 2004
Sold by
Yoch Kelly and Schuessler Danny T
Bought by
Schuessler Brett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,036
Interest Rate
6.42%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 6, 2001
Sold by
Village Bank
Bought by
Schuessler Dan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,625
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 2000
Sold by
Bareiter Marilyn
Bought by
Village Bank
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 Type Sale Price Title Company
Limited Warranty Deed $100,000 None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- Attorney
Warranty Deed $74,000 Town & County Title Co
Warranty Deed $80,000 Attorney
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer $70,000 Metro East Title
Corporate Deed $62,500 Metro East Title
Warranty Deed -- Metro East Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $55,500 New Conventional
Previous Owner $76,500 Commercial
Previous Owner $93,750 No Value Available
Previous Owner $27,036 Stand Alone Second
Previous Owner $73,000 Purchase Money Mortgage
Previous Owner $70,000 Unknown
Previous Owner $62,625 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 For Sale $189,900 +89.9% $95 / Sq Ft
02/16/2024 02/16/24 Sold $100,000 -13.0% $50 / Sq Ft
01/12/2024 01/12/24 For Sale $114,900 -- $57 / Sq Ft
Source: MARIS MLS

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
2023 $3,021 $38,298 $7,060 $31,238
2022 $2,821 $34,880 $6,430 $28,450
2021 $2,789 $33,448 $6,166 $27,282
2020 $2,700 $31,149 $5,742 $25,407
2019 $2,508 $29,645 $5,969 $23,676
2018 $2,467 $28,889 $5,817 $23,072
2017 $2,424 $28,121 $5,663 $22,458
2016 $2,431 $27,152 $5,468 $21,684
2014 $2,220 $27,971 $5,208 $22,763
2013 -- $27,971 $5,208 $22,763
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS24001466

MARIS MLS

APN: 08-18.0-200-007