NOT LISTED FOR SALE

209 Chandler Blvd Macomb, IL 61455

Estimated Value: $54,000 - $80,000

5 Beds
4 Baths
2,400 Sq Ft
$29/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $64,000 $27 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $462/month

58 Days on Market

About This Home

As of August 2021

Great income for the price! This fourplex that has one 2 bedroom, 1 bath apt that is currently leased at $495 a month ending May 2022, and three 1 bedroom, 1 bath apts, two are currently leased at $300 each, one ending March 2022, and one in May 2022, the other 1 bedroom unit is now leased at $450 a month ending in May 2022. With a total income of $1545 a month and selling price of $64,000 this is one of the best deals you will find. (SOLD - Cambridge to Lopez - 8-31-21)

Last Agent to Sell the Property

Steve Silberer

C21 Purdum-Epperson Inc License #471004172 Listed on: 05/09/2021

Last Buyer's Agent

Kori Jensen

CENTURY 21 Tucker Swanson License #471020928

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,367

Year Built

  • Built in 1925

Lot Details

  • 0.46

Home Design

  • Quadruplex

Finished Basement

  • Partial Basement
  • Block Basement Construction

Schools

  • Macomb High School

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,367

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Four-Plex
  • Legal Description: LOTS 29 & 30 CHANDLER BOULEVARD ADD
  • Lvt Date: 05/09/2021
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Finished, Partial
  • Price Per Sq Ft: 26.67
  • Total Sq Ft: 2400

Exterior Features

  • Exterior: Aluminum Siding
  • Road Access: Curbs & Gutters
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Detached
  • Number Parking Spaces: 8

Utilities

  • Heating Cooling: Forced Air, Gas, Central Air, Window Units
  • Water Sewer: Public Sewer, Public Water
  • Laundry Facilities: Owned Equipment

Schools

  • High School: Macomb
  • High School: Macomb

Lot Info

  • Estimated Lot Size: 116.84X170
  • Lot Description: Sloping
  • Subdivision: Macomb
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: All Utilities
  • Gross Annual Rent Income: 16995
  • Lease Information: Various Terms

Tax Info

  • Annual Taxes: 2366.56
  • Parcel Id Number Tax Id: 11-100-458-00
  • Tax Year: 2020

Multi Family

  • Total Number Units: 4
  • Gross Annual Income: 16995
  • Total Number Electric Meters: 5
  • Total Number Gas Meters: 5
  • Total Number Heating Units: 4
  • Total Number Water Heaters: 4
  • Total Number Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2021
Closed on
Aug 2, 2021
Sold by
Cambridge Property Group Inc
Bought by
Lopez Edward B
Seller's Agent
Steve Silberer
C21 Purdum-Epperson Inc
Buyer's Agent
Kori Jensen
CENTURY 21 Tucker Swanson
List Price
$78,000
Sold Price
$64,000
Premium/Discount to List
-$14,000
-17.95%
Total Days on Market
58
Current Estimated Value
$70,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,000
Avg. Annual Appreciation
2.39%
Original Mortgage
$242,955
Outstanding Balance
$222,990
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$152,990

Purchase Details

Closed on
Apr 12, 2021
Sold by
Ore Lodging Llc
Bought by
Cambridge Property Group Inc

Purchase Details

Closed on
Dec 14, 2020
Sold by
Westen Investments Inc
Bought by
United Community Bank

Purchase Details

Closed on
Nov 13, 2020
Sold by
Westen Investments Inc
Bought by
United Community Bank

Purchase Details

Closed on
Jan 2, 2007
Sold by
Greuel C Stephen and Greuel Linda B
Bought by
Westen Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$722,000
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Lopez Edward B $335,000 None Available
Cambridge Property Group Inc $740,000 None Available
United Community Bank -- Attorney
United Community Bank $2,750,000 Attorney
Westen Investments Inc $100,000 Terrill Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Edward B $242,955
Previous Owner Westen Investments Inc $167,588
Previous Owner Westen Investments Inc $355,000
Previous Owner Westen Investments Inc $230,000
Previous Owner Westen Investments Inc $84,398
Previous Owner Westen Investments Inc $100,000
Previous Owner Westen Investments Inc $73,000
Previous Owner Western Investment Inc $1,180,000
Previous Owner Western Investments Inc $100,000
Previous Owner Westen Investments Inc $275,000
Previous Owner Westen Investments Inc $90,000
Previous Owner Westen Investments Inc $170,000
Previous Owner Westen Investments Inc $350,000
Previous Owner Westen Investments Inc $990,000
Previous Owner Westen Investments Inc $740,000
Previous Owner Westen Investments Inc $55,000
Previous Owner Westen Investments Inc $30,000
Previous Owner Westen Investments Inc $722,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $64,000 0.0% $27 / Sq Ft
07/06/2021 07/06/21 Pending -- -- --
06/03/2021 06/03/21 Price Changed $64,000 -17.9% $27 / Sq Ft
05/09/2021 05/09/21 For Sale $78,000 -- $33 / 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 $2,339 $19,483 $2,401 $17,082
2023 $2,398 $19,483 $2,401 $17,082
2022 $2,231 $18,877 $2,326 $16,551
2021 $2,140 $18,877 $2,326 $16,551
2020 $2,367 $23,403 $2,320 $21,083
2019 $3,685 $39,734 $5,890 $33,844
2018 $3,526 $33,844 $5,890 $27,954
2017 $3,440 $33,844 $5,890 $27,954
2016 $3,304 $33,486 $5,828 $27,658
2015 $3,252 $32,721 $5,695 $27,026
2014 $3,194 $32,231 $5,610 $26,621
2013 $3,118 $32,231 $5,610 $26,621
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: PA1224725

RMLS Alliance

APN: 11-100-458-00