NOT LISTED FOR SALE

202 Wabash Ave Belleville, IL 62220

Estimated Value: $96,880 - $155,000

Studio
-- Bath
926 Sq Ft
$138/Sq Ft Est. Value

Sale Details

Date Sold: August 7, 2023

Last sale price $50,000 $54 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $917 / mo

13 Days on Market

About This Home

As of August 2023

INVESTOR ALERT!!! This property cash flows immediately! This duplex is located near downtown Belleville just a few blocks from Main street where all of the local shops, restaurants and various festivities are held. Both units have passed city inspections and are currently rented with potential long term tenants. 202A has 2beds/1bath and 202B has 2beds/1bath as well. They are rented for $600 and $600 per month respectively for a total of $1,200 per month. The property does need a little TLC (mostly exterior) but nothing urgent. Owner pays for water, trash and sewer. Property to be sold “as is." Please do not enter property or disturb tenants without a confirmed appointment.

Last Agent to Sell the Property

Chauncey Mixon

Keller Williams Marquee License #475.169798 Listed on: 05/26/2023

Keller Williams Marquee

Last Buyer's Agent

Viktoriia Kovel

Keller Williams Pinnacle License #475.191078

Keller Williams Pinnacle

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1893

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • 926 Sq Ft Home
  • Duplex
  • Vinyl Siding

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electric, gas
  • Assessor Parcel Number 08-27.0-203-024

Property Details

Home Type

Multi-Family

Year Built

Built in 1893

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family 2-4
  • Special Description: No Exemptions
  • Age: 130
  • Ownership: Private
  • Year Built: 1893
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Square Footage: 926

Exterior Features

  • Construction: Vinyl Siding

Garage/Parking

  • Parking: Off Street

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: 1 Window/Wall
  • Heating: Forced Air

Schools

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

Lot Info

  • Lot Dimensions: Irregular
  • Lot Sq Ft: 4356
  • Acres: 0.1000

Rental Info

  • Tenancy Type: Month To Month
  • Tenant Pays: Electric, Gas

Multi Family

  • Gross Operating Income: 1200.00
  • Units: 2
  • Total Expenses: 200.00
  • Type Of Units: 2-Family

Tax Info

  • Taxes Paid: 2234
  • Assessor Parcel Number: 08-27.0-203-024

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2023
Closed on
Aug 7, 2023
Sold by
Bought by
Seller's Agent
Chauncey Mixon
Keller Williams Marquee
Buyer's Agent
Viktoriia Kovel
Keller Williams Pinnacle
List Price
$73,000
Sold Price
$50,000
Premium/Discount to List
-$23,000
-31.51%
Views
29
Current Estimated Value
$127,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,470
Avg. Annual Appreciation
39.19%
Original Mortgage
$48,884
Outstanding Balance
$47,749
Interest Rate
6.71%
Mortgage Type
Commercial
Estimated Equity
$79,721

Purchase Details

Closed on
Jul 20, 2015
Sold by
Bought by

Purchase Details

Closed on
Nov 7, 2003
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$50,000 None Available
-- Benchmark Title Company
$16,500 First American Title Insuran
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $48,884
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/07/2023 08/07/23 Sold $50,000 -31.5% $54 / Sq Ft
06/09/2023 06/09/23 Pending -- -- --
06/07/2023 06/07/23 For Sale $73,000 +46.0% $79 / Sq Ft
06/02/2023 06/02/23 Pending -- -- --
05/31/2023 05/31/23 Off Market $50,000 -- --
05/26/2023 05/26/23 For Sale $73,000 -- $79 / Sq Ft
Source: MARIS MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,743 $31,192 $2,465 $28,727
2023 $2,527 $26,920 $2,416 $24,504
2022 $2,320 $24,235 $2,175 $22,060
2021 $2,234 $22,404 $2,010 $20,394
2020 $2,171 $21,187 $1,901 $19,286
2019 $1,914 $18,471 $1,904 $16,567
2018 $1,871 $18,072 $1,863 $16,209
2017 $1,857 $17,945 $1,850 $16,095
2016 $1,833 $17,564 $1,811 $15,753
2014 $916 $19,817 $2,210 $17,607
2013 $1,813 $20,101 $2,242 $17,859
Source: Public Records

Agents Affiliated with this Home

  • Chauncey Mixon

    Seller's Agent in 2023

    Chauncey Mixon

    Keller Williams Marquee

    (251) 654-5719

    29 in this area

    68 Total Sales

    Chauncey Mixon
    Section Image
  • Viktoriia Kovel

    Buyer's Agent in 2023

    Viktoriia Kovel

    Keller Williams Pinnacle

    (618) 444-7174

    44 in this area

    163 Total Sales

    Viktoriia Kovel
    Section Image
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Map

Source: MARIS MLS

MLS Number: MIS23028443

MARIS MLS

APN: 08-27.0-203-024

Illinois St. Clair County Belleville 62220

202 Wabash Ave, Belleville, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MARIS MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of MARIS MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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