NOT LISTED FOR SALE

Estimated Value: $648,994

2 Beds
-- Bath
9,586 Sq Ft
$68/Sq Ft Est. Value

Last Sold August 22, 2016

Last sale price $440,000 $46 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,278/month

Highlights

  • Laundry Room
  • Forced Air Heating and Cooling System
  • Heating System Uses Steam

About This Home

As of August 2016

All brick 12 unit. Simplex fire alarm system, New Roof 2014, all windows replaced in 2002, not new Boiler but works great, Tenants pay own electricity, 1 set coint operated washer and dryer. Lease info available upon request, all units are rented with one year leases.

Last Agent to Sell the Property

Gerald Schelfaut

RE/MAX Choice License #475127855 Listed on: 06/03/2016

Last Buyer's Agent

John Albee

BHHS Central Illinois, REALTORS License #475071164

BHHS Central Illinois, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,804

Year Built

  • Built in 1970

Lot Details

  • Lot Dimensions are 160x50x125x66x120

Interior Spaces

  • 9,586 Sq Ft Home
  • 2-Story Property
  • Laundry Room
  • Finished Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Steam
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 12 Units

Building Details

  • Electric Expense $850
  • Fuel Expense $4,400
  • Insurance Expense $2,050
  • Other Expense $960
  • Water Sewer Expense $3,300
  • Operating Expense $21,364
  • Gross Income $85,320
  • Net Operating Income $66,541

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,804

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats,Condo/Townhouse
  • Stories: 2
  • Year Built: 1970
  • Legal Description: SEVENTH ADDN TO LINCOLNWOOD SUBN LOT 209
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Description: Finished
  • Misc Inside: Laundry Room

Exterior Features

  • Exterior Building Type: Brick,Other

Garage/Parking

  • Outdoor Parking: 13-18 Spaces,Paved

Utilities

  • Cooling: Central Air
  • Utilities: Water-Municipal, Sanitary Sewer
  • Heat/Ventilation: Forced Air,Steam,Gas

Condo/Co-op/Association

  • Conversion YN: N

Fee Information

  • Water Sewer Expenses: 3300

Lot Info

  • Lot Dimensions: 160X50X125X66X120

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 23

Building Info

  • BuildingAreaTotal: 9586

Multi Family

  • Net Operating Income: 66541
  • Fuel Expense: 4400
  • Insurance Expense: 2050
  • ElectricExpense: 850
  • GrossIncome: 85320
  • NumberOfUnitsTotal: 12
  • OperatingExpense: 21364
  • Type Multi-Family: Flats,Condo/Townhouse

Tax Info

  • Tax Annual Amount: 9804
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2025
Sold by
Berning-Christensen Farms Llc
Bought by
Tfi Llc
Current Estimated Value
$648,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Outstanding Balance
$635,905
Interest Rate
5.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2014
Sold by
Ye Wei
Bought by
Bernin Christensen Farms Llc

Purchase Details

Closed on
Jan 3, 2006
Sold by
Aussieker Duane
Bought by
Ye Wei
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Tfi Llc $641,500 Alliance Land Title
Bernin Christensen Farms Llc $416,000 Froniter Title Co
Ye Wei -- None Available
Ye Wei -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tfi Llc $675,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2016 08/22/16 Sold $440,000 -8.1% $46 / Sq Ft
06/03/2016 06/03/16 Pending -- -- --
06/03/2016 06/03/16 For Sale $479,000 -- $50 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $10,618 $165,610 $36,679 $128,931
2022 $10,618 $124,933 $27,670 $97,263
2021 $10,050 $118,257 $26,192 $92,065
2020 $10,024 $118,257 $26,192 $92,065
2019 $9,994 $118,257 $26,192 $92,065
2018 $9,758 $115,938 $25,678 $90,260
2017 $9,761 $115,938 $25,678 $90,260
2016 $9,744 $115,938 $25,678 $90,260
2015 $10,290 $122,790 $27,196 $95,594
2014 $9,963 $122,790 $27,196 $95,594
2013 -- $122,790 $27,196 $95,594
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10195364

Midwest Real Estate Data (MRED)

APN: 14-35-477-018