NOT LISTED FOR SALE

207 N Barber Ave Polo, IL 61064

Polo Area

Estimated Value: $178,000 - $208,437

8 Beds
4 Baths
3,200 Sq Ft
$60/Sq Ft Est. Value

Sale Details

Date Sold: February 28, 2023

Last sale price $155,000 $48 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,462 / mo

11 Days on Market

About This Home

As of February 2023

4 UNIT INVESTMENT PROPERTY is now available in Polo, IL! Nice Bi-level apartment building, 2 bedroom, 1 bath in each unit could be just what you're looking to add to your income portfolio! All units are currently rented out. Tenants pay water, electric, heat and dumpster. Refrigerator, electric stove, electric heat and A/C wall units included in each apartment. Separate water heaters & electric meters are installed. Coin laundry on each floor adds extra income. 2 washers and 2 dryers in common areas will stay. 2 garages on the property with 1 garage spot for each unit. Every unit is set up as mirrored image of unit B which was photographed. Come take a look at this income producer today!

Last Agent to Sell the Property

Mark True

Re/Max of Rock Valley License #475102306 Listed on: 01/06/2023

Last Buyer's Agent

Mark True

Re/Max of Rock Valley License #475102306 Listed on: 01/06/2023

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,598

Year Built

  • Built in 1970

Lot Details

  • 8,276

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property

Kitchen

  • Stove
  • Range

Schools

  • Polo Elementary And Middle School
  • Polo Comm High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Separate Meters
  • Separate Water Meter
  • Electric Water Heater

Community Details

Overview

  • 4 Units
  • 2-Story Building

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,598

Year Built

Built in 1970

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 1600
  • Front: 62
  • General Features: Laundry in Building
  • Legal Description: Per Title
  • Lvt Date: 01/06/2023
  • Rear: 62
  • Side 1: 140
  • Side 2: 140
  • Style: 2 Story
  • Type: 3 - 4 Units
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 7
  • Number Of Units In Bldg: 4
  • Other Yr: 500
  • Agent Only_ L A1 User Code: 3842
  • Elementary School: Polo
  • Estimated Total Finished Sq Ft: 3200
  • Hold Earnest Money Y N: No
  • Pertinent Facts: 4 UNIT INVESTMENT PROPERTY is now available in Polo, IL! Nice Bi-level apartment building, 2 bedroom, 1 bath in each unit could be just what you're looking to add to your income portfolio! All units are currently rented out. Tenants pay water, electric, heat and dumpster. Refrigerator, electric stove, electric heat and A/C wall units included in each apartment. Separate water heaters & electric meters are installed. Coin laundry on each floor adds extra income. 2 washers and 2 dryers in common areas will stay. 2 garages on the property with 1 garage spot for each unit. Every unit is set up as mirrored image of unit B which was photographed. Come take a look at this income producer today!
  • Designated Managing Broker Y N: No
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Separate Water Y N: Yes
  • Washer Dryer Coin Operated: Yes
  • Washer Dryer Hookups: No
  • Washer Dryer: No
  • Estimated Above Grade Sq Ft: 3200
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Type: Slab

Exterior Features

  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 4

Utilities

  • Cooling: Wall Unit
  • Heating: Electric
  • Sewer: City
  • Water: City
  • Water Heater: Electric
  • Separate Utilities: Yes

Building Info

  • Year Built: 1970

Tax Info

  • Year: 2021
  • Taxes: 5598

MLS Schools

  • HighSchool: Polo Comm High
  • School District: Polo 222
  • Middle School: Polo

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
Jan 6, 2023
Closed on
Feb 28, 2023
Sold by
Sutton William J and Sutton Teresa A
Bought by
Seller's Agent
Mark True
Re/Max of Rock Valley
Buyer's Agent
Mark True
Re/Max of Rock Valley
List Price
$190,000
Sold Price
$155,000
Premium/Discount to List
-$35,000
-18.42%
Views
48
Current Estimated Value
$190,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,120
Avg. Annual Appreciation
6.25%
Original Mortgage
$124,000
Outstanding Balance
$118,837
Interest Rate
6.15%
Mortgage Type
Commercial
Estimated Equity
$73,022
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Polo, IL

  • Ann Haag Real Estate Agent - KEY REALTY

    Ann Haag

    KEY REALTY

    (815) 706-2593

    78 Total Sales

    3 in Polo

    $22K - $350K Price Range

    Ann Haag
     Section Image
  • Kimberly Taylor Real Estate Agent - NextHome First Class

    Kimberly Taylor

    NextHome First Class

    (815) 908-5519

    805 Total Sales

    3 in Polo

    $99,000 Price Range

    Kimberly Taylor
     Section Image
  • Amy Barnes Real Estate Agent - BARNES REALTY, INC.

    Amy Barnes

    BARNES REALTY, INC.

    (815) 908-5474

    250 Total Sales

    2 in Polo

    $145,000 Price Range

    Amy Barnes
     Section Image
  • Kathleen Oehlberg Real Estate Agent - Realty One Group Strategies

    Kathleen Oehlberg

    Realty One Group Strategies

    (815) 706-5733

    231 Total Sales

    2 in Polo

    $315,000 Price Range

    Kathleen Oehlberg
     Section Image
  • Tracey DeCrane Real Estate Agent - RE/MAX Town Lake & Country

    Tracey DeCrane

    RE/MAX Town Lake & Country

    (815) 706-3940

    104 Total Sales

    67 in Polo

    $4K - $262K Price Range

    Tracey DeCrane
     Section Image
  • Cynthia Adcock Real Estate Agent - Crawford Realty, LLC

    Cynthia Adcock

    Crawford Realty, LLC

    (815) 456-8712

    343 Total Sales

    7 in Polo

    $31K - $269K Price Range

    Cynthia Adcock
     Section Image
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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
$150,000 None Available
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 $124,000
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
02/28/2023 02/28/23 Sold $155,000 -18.4% $48 / Sq Ft
01/17/2023 01/17/23 Pending -- -- --
01/06/2023 01/06/23 For Sale $190,000 -- $59 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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 $4,954 $53,348 $6,782 $46,566
2024 $4,954 $52,700 $6,700 $46,000
2023 $5,643 $64,536 $6,776 $57,760
2022 $5,902 $65,864 $6,261 $59,603
2021 $5,599 $60,216 $5,724 $54,492
2020 $5,213 $54,494 $5,180 $49,314
2019 $5,121 $53,425 $5,078 $48,347
2018 $5,101 $53,425 $5,078 $48,347
2017 $5,047 $52,744 $5,013 $47,731
2016 $4,887 $50,265 $4,777 $45,488
2015 $4,741 $51,713 $4,915 $46,798
2014 $4,784 $51,713 $4,915 $46,798
2013 $4,926 $53,099 $5,047 $48,052
Source: Public Records

Agents Affiliated with this Home

  • MT

    Seller's Agent in 2023

    Mark True

    RE/MAX

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202300089

NorthWest Illinois Alliance of REALTORS®

APN: 14-16-127-008

Illinois Ogle County Polo 61064

207 N Barber Ave, Polo, 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.

NorthWest Illinois Alliance of REALTORS® 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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