$499,000

204 E Center St Monticello, IL 61856

Estimated payment $3,303/month

Total Views 190
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Central Heating
  • White Heath Elementary School Rated A
  • 4-minute walk to Forest Preserve Park Caretaker

About This Home

Enhance the investment portfolio with this one! 8 unit building; each unit is a 1 bedroom, 1 bathroom. The brick building has been well maintained. Prime location. Call for your private viewing.

Listing Agent

Julie Huisinga

RE/MAX REALTY ASSOC-MONTICELLO License #475126086 Listed on: 09/04/2025

RE/MAX REALTY ASSOC-MONTICELLO

Co-Listing Agent

Kristine Miller

RE/MAX REALTY ASSOC-MONTICELLO License #475174656

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,262

Year Built

  • Built in 1970

Lot Details

  • Lot Dimensions are 105 x 120

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Exterior Basement Entry

Utilities

  • Window Unit Cooling System
  • Central Heating

Community Details

Overview

  • Association fees include lawn care
  • 8 Units

Building Details

  • Electric Expense $1,800
  • Insurance Expense $2,462
  • Maintenance Expense $1,000
  • Other Expense $1,000
  • Trash Expense $1,000
  • Water Sewer Expense $2,000
  • Operating Expense $26,414
  • Gross Income $49,260
  • Net Operating Income $35,146

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,262

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Exterior Entrance
  • Stories: 2
  • Year Built: 1970
  • Built Before 1978 (Y/N): Yes
  • Legal Description: BLK 3 SW RAWLIN'S ADDITION TO MONTICELLO 52 7 80
  • Information: Exclusions-Call List Office
  • Estimated Age: Older
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space
  • Fireplaces: 1
  • Dishwashers: 0
  • Refrigerators: 8
  • Ranges: 8
  • Number of Windows: 8
  • Number of Washers: 1
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Frontage Type: City Street
  • List Price: 499000
  • Roof: Composition
  • Misc Outside: Enclosed Porch,Enclosed Stairs

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Water Source: Municipal Water
  • Heat/Ventilation: Central Bldg Heat

Fee Information

  • Association Fee Includes: Lawn Care
  • Trash Expense: 1000
  • Water Sewer Expenses: 2000
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 105 x 120
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 22
  • Tenancy Type: Leases

Multi Family

  • Net Operating Income: 35146
  • Insurance Expense: 2462
  • ElectricExpense: 1800
  • GrossIncome: 49260
  • Maintenance Expense: 1000
  • NumberOfUnitsTotal: 8
  • OperatingExpense: 26414
  • Type Multi-Family: Corridor-Exterior Entrance

Tax Info

  • Tax Annual Amount: 7262.5
  • Tax Year: 2024

Map

Range of Values:

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Average Value
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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

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 $7,263 $116,150 $9,519 $106,631
2022 $6,680 $100,517 $8,238 $92,279
2021 $6,767 $100,517 $8,238 $92,279
2020 $6,609 $98,065 $8,037 $90,028
2019 $6,390 $96,379 $7,899 $88,480
2018 $6,156 $93,891 $7,695 $86,196
2017 $5,909 $93,891 $7,695 $86,196
2016 $5,629 $89,762 $7,357 $82,405
2015 $5,698 $89,762 $7,357 $82,405
2014 $5,698 $89,762 $7,357 $82,405
2013 $5,698 $89,762 $7,357 $82,405
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2025 09/04/25 For Sale $499,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12457225

Midwest Real Estate Data (MRED)

APN: 05-00-54-000-316-00