NOT LISTED FOR SALE

Estimated Value: $539,891

Studio
-- Bath
-- Sq Ft
1970 Built

Sale Details

Date Sold: November 3, 2025

Last sale price $525,000

Est. 3% increase in value since last sale

Current estimated payment $3,458 / mo

14 Days on Market

About This Home

As of November 2025

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.

Last Agent to Sell the Property

Julie Huisinga

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

RE/MAX REALTY ASSOC-MONTICELLO

Co-Listed By

Kristine Miller

RE/MAX REALTY ASSOC-MONTICELLO License #475174656

Last Buyer's Agent

Brandon Moore

RE/MAX REALTY ASSOCIATES-CHA License #475119265

RE/MAX REALTY ASSOCIATES-CHA
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,262

Year Built

  • Built in 1970

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof

Basement

  • Exterior Basement Entry
  • Crawl Space

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Separate Meters

Additional Features

  • 2-Story Property
  • Lot Dimensions are 105 x 120

Listing and Financial Details

  • Tenant pays for electricity, heat

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 Sq Ft Lot

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
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Materials: Brick
  • Frontage Type: City Street
  • 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: Baseboard,Separate Per Unit

Fee Information

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

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
11/03/2025 11/03/25 Sold $525,000 +5.2% --
09/18/2025 09/18/25 Pending -- -- --
09/04/2025 09/04/25 For Sale $499,000 -- --
Source: Midwest Real Estate Data (MRED)

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
2025 $5,950 $82,232 $13,777 $68,455
2024 $5,710 $76,566 $12,828 $63,738
2023 $5,901 $68,550 $11,485 $57,065
2022 $5,901 $66,364 $10,549 $55,815
2021 $5,710 $60,766 $9,269 $51,497
2020 $5,737 $56,611 $8,635 $47,976
2019 $5,721 $51,875 $7,913 $43,962
2018 $5,364 $47,866 $10,078 $37,788
2017 $5,170 $42,348 $8,916 $33,432
2016 $4,759 $36,799 $7,748 $29,051
2015 $4,550 $32,936 $6,935 $26,001
2014 $5,709 $39,282 $8,213 $31,069
2012 $5,648 $42,558 $8,898 $33,660
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12457225

Midwest Real Estate Data (MRED)

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

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