NOT LISTED FOR SALE

203 NW 4th Ave Aledo, IL 61231

Estimated Value: $96,000 - $136,000

2 Beds
2 Baths
1,676 Sq Ft
$71/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $111,500 $67 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $864/month

1 Day on Market

Highlights

  • Storage
  • Level Lot
  • Wood Siding
  • Forced Air Heating and Cooling System

About This Home

As of May 2024

Here is a great opportunity to get into a duplex at a low price point yet in exellent condition. Built in 1980 this 1676 Sq. Ft. building was quality built with cal coat plaster walls and poured foundation. Totally separate untilities including water and sewer. Great thought given to room size and closets. Partial basement each side giving additional storage. This has been owner occupied. Long term excellent tenant renting below market. Tenant wishes to stay and is aware rent will increase. At projected market rents property will produce positive cash flow. Take advantage of this low maintenace money maker. Liisting broker is related to owner.

Last Agent to Sell the Property

Joe Knox

Joe Knox Company Brokerage Phone: 309-236-6218 License #471.004485 Listed on: 04/29/2024

Last Buyer's Agent

Zach Frick

eXp Realty License #475.188866/S71645000

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,329

Year Built

  • Built in 1980

Lot Details

  • Lot Dimensions are 60 x 120
  • Level Lot

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2 Bedrooms
  • 1,676 Sq Ft Home
  • Storage
  • Unfinished Basement
  • Partial Basement

Parking

  • 1 Parking Space
  • Parking Pad
  • On-Street Parking

Schools

  • Apollo Elementary School
  • Aledo Middle School
  • Mercer County High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • Original Town Aledo Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Tenant pays for sewer, water
  • Assessor Parcel Number 10-10-17-332-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,329

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1980
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Duplex
  • PricePerSqFt: 66.53
  • UnitEntryLevel: 1
  • Attribution Contact: Office: 309-236-6218
  • Special Features: None

Interior Features

  • Basement: Partial, Unfinished
  • Total Bedrooms: 2
  • Interior Amenities: Storage

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Wood Siding
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: On Street, Parking Pad
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas, Gas Water Heater
  • Laundry Features: Owned Equipment
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 2
  • NumberOfHeatingUnits: 2
  • NumberOfCentralAirUnits: 2
  • NumberOfGasMeters: 2
  • NumberOfElectricMeters: 2
  • NumberofWaterMeters: 2
  • NumberOfRanges: 2
  • NumberofRefrigerators: 2

Condo/Co-op/Association

  • Senior Community: No
  • LawnSnowRemoval: 600

Fee Information

  • AdvertisingExpense: 0

Schools

  • Elementary School: Apollo
  • High School: Mercer County
  • Middle Or Junior School: Aledo

Lot Info

  • Lot Size: 60 x 120
  • Parcel #: 10-10-17-332-008

Rental Info

  • Tenant Pays: Sewer, Water
  • Lease Term: Month To Month

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2329.34
  • TaxExemptions: Homestead/Owner Occupied

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 5700
  • Annual Operating Expense: 1600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 2, 2018
Bought by
Quick Jo Lynn
Current Estimated Value
$118,989
Source: Public Records

Range of Values:

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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
Quick Jo Lynn $60,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $111,500 0.0% $67 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
04/29/2024 04/29/24 For Sale $111,500 -- $67 / 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 $2,791 $37,990 $3,455 $34,535
2023 $2,791 $34,570 $3,145 $31,425
2022 $2,537 $34,135 $3,105 $31,030
2021 $2,367 $30,855 $2,805 $28,050
2020 $2,756 $34,090 $2,965 $31,125
2019 $2,615 $32,250 $2,805 $29,445
2018 $2,517 $33,140 $2,880 $30,260
2017 $2,469 $31,355 $2,725 $28,630
2016 $2,874 $29,300 $2,545 $26,755
2015 $2,872 $29,630 $2,575 $27,055
2014 $2,867 $30,385 $2,380 $28,005
2013 $3,013 $32,050 $2,510 $29,540
2010 $3,059 $33,345 $2,610 $30,735
Source: Public Records

Agents Affiliated with this Home

  • Joe Knox

    Seller's Agent in 2024

    Joe Knox

    Joe Knox Company

    (309) 236-6218

    1 in this area

    4 Total Sales

    Joe Knox
    Section Image
  • Zach Frick

    Buyer's Agent in 2024

    Zach Frick

    eXp Realty

    (309) 738-8708

    173 in this area

    447 Total Sales

    Zach Frick
    Section Image
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Map

Source: RMLS Alliance

MLS Number: QC4252176

RMLS Alliance

APN: 10-10-17-332-008

Illinois Mercer County Aledo 61231

203 NW 4th Ave, Aledo, IL

This home is located at 203 NW 4th Ave, Aledo, IL 61231 since 29 April 2024 and is currently estimated at $118,989, approximately $70 per square foot. This property was built in 1980. 203 NW 4th Ave is a home located in Mercer County.

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.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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