NOT LISTED FOR SALE

Estimated Value: $174,000 - $198,000

6 Beds
4 Baths
-- Sq Ft
7,841 Sq Ft Lot

Last Sold August 12, 2024

Last sale price $187,500

Est. 2% decrease in value since last sale

Current estimated payment $1,208/month

29 Days on Market

About This Home

As of August 2024

Terrific opportunity to own a 4-unit near Illinois Wesleyan University, just 3 blocks from the quad. 3 of the units have been beautifully remodeled and have excellent tenants. The 4th unit will require a complete renovation, providing plenty of VALUE-ADD POTENTIAL! The 2-car garage is not currently leased and could be another easy income generator. Contact Listing Agent for complete marketing package. AGENT INTEREST.

Last Agent to Sell the Property

Laura Pritts

AXIS 360 LLC* License #471021573 Listed on: 06/14/2024

Last Buyer's Agent

Tracy Lockenour-HomeSmart Team

HomeSmart Realty Group Illinois License #475173524

HomeSmart Realty Group Illinois

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,498

Year Built

  • Built in 1910

Lot Details

  • 7,841

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Separate Meters

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $300
  • Fuel Expense $1,680
  • Insurance Expense $768
  • Maintenance Expense $1,800
  • Manager Expense $2,221
  • Other Expense $2,880
  • Water Sewer Expense $1,560
  • Operating Expense $13,707
  • Gross Income $29,220
  • Net Operating Income $15,513

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,498

Year Built

Built in 1910

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Other
  • Stories: 2
  • Year Built: 1910
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Dishwashers: 3
  • Refrigerators: 3
  • Ranges: 3
  • Room: 0

Utilities

  • Cooling: Window Unit(s)
  • Electric: Separate Meters
  • Heat/Ventilation: Forced Air,Gas

Condo/Co-op/Association

  • Manager Expense: 2221
  • Conversion YN: Y

Fee Information

  • Water Sewer Expenses: 1560
  • Operating Expense Includes: Advertising,Fuel,Insurance,Maintenance,Maintenance Grounds,Pest Control,Professional Management,Snow Removal,Supplies,Trash,Utilities,Water/Sewer,Electricity,Gas,Heat/Cooling,Real Estate Tax

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 0.18
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 23

Multi Family

  • Net Operating Income: 15513
  • Fuel Expense: 1680
  • Insurance Expense: 768
  • ElectricExpense: 300
  • GrossIncome: 29220
  • Maintenance Expense: 1800
  • NumberOfUnitsTotal: 4
  • OperatingExpense: 13707
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 2498
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2025
Sold by
Cortes Martha Elena Saldana and Valdes Manuel Valenzuela
Bought by
Rentals And Properties By Hg Llc
Current Estimated Value
$183,772

Purchase Details

Listed on
Jun 14, 2024
Closed on
Aug 7, 2024
Sold by
Mkmc Filling Station Llc
Bought by
Saldan Cortes Martha Elena and Valenzuela Valdes Manuel
Seller's Agent
Laura Pritts
AXIS 360 LLC*
Buyer's Agent
Tracy Lockenour-HomeSmart Team
HomeSmart Realty Group Illinois
List Price
$199,000
Sold Price
$187,500
Premium/Discount to List
-$11,500
-5.78%
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.26%
Original Mortgage
$122,500
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 4, 2021
Closed on
Sep 30, 2021
Sold by
Fish John H and Fish Teresa R
Bought by
Mkmc Filling Station Llc
Seller's Agent
Ed Larsen
Coldwell Banker Real Estate Group
Buyer's Agent
Mark Kudrys
Freedom Realty
List Price
$130,000
Sold Price
$118,000
Premium/Discount to List
-$12,000
-9.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.51%
Original Mortgage
$103,840
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Sep 26, 2011
Closed on
Apr 18, 2012
Sold by
Optimus Property Group Llc
Bought by
Fish John R and Fish Teresa R
Seller's Agent
Mark Kudrys
Freedom Realty
Buyer's Agent
Ed Larsen
Coldwell Banker Real Estate Group
List Price
$129,900
Sold Price
$105,500
Premium/Discount to List
-$24,400
-18.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.19%
Original Mortgage
$79,125
Interest Rate
3.91%

Purchase Details

Closed on
May 3, 2007
Sold by
Whitaker Brett and Kudrys Mark
Bought by
Optimus Property Group Llc
Source: Public Records
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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
Rentals And Properties By Hg Llc -- None Listed On Document
Saldan Cortes Martha Elena $187,500 Alliance Land Title
Mkmc Filling Station Llc $102,000 Mclean County Title
Fish John R $105,500 None Available
Optimus Property Group Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saldan Cortes Martha Elena $122,500
Previous Owner Mkmc Filling Station Llc $103,840
Previous Owner Fish John R $79,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2024 08/12/24 Sold $187,500 -5.8% --
07/14/2024 07/14/24 Pending -- -- --
06/14/2024 06/14/24 For Sale $199,000 +68.6% --
09/30/2021 09/30/21 Sold $118,000 -9.2% -- View Prior Sale
08/20/2021 08/20/21 Pending -- -- --
05/04/2021 05/04/21 For Sale $130,000 +23.2% --
04/18/2012 04/18/12 Sold $105,500 -18.8% -- View Prior Sale
03/02/2012 03/02/12 Pending -- -- --
09/26/2011 09/26/11 For Sale $129,900 -- --
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 $3,157 $42,930 $5,515 $37,415
2022 $3,157 $37,141 $4,772 $32,369
2021 $2,890 $34,000 $4,368 $29,632
2020 $3,064 $36,152 $4,160 $31,992
2019 $3,055 $36,152 $4,160 $31,992
2018 $3,043 $36,152 $4,160 $31,992
2017 $3,044 $36,152 $4,160 $31,992
2016 $3,038 $36,152 $4,160 $31,992
2015 $3,030 $36,152 $4,160 $31,992
2014 $2,933 $36,152 $4,160 $31,992
2013 -- $36,152 $4,160 $31,992
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12081402

Midwest Real Estate Data (MRED)

APN: 14-33-328-008

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