NOT LISTED FOR SALE

2116 E Belle Ave Belleville, IL 62221

Estimated Value: $245,000 - $316,797

-- Bed
-- Bath
3,636 Sq Ft
$77/Sq Ft Est. Value

Last Sold June 07, 2023

Last sale price $221,433 $61 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,073/month

Highlights

  • Attached Garage
  • Brick or Stone Veneer Front Elevation
  • Forced Air Heating and Cooling System

About This Home

As of June 2023

Great investment property. 3 unit apartment building. Each unit has 1212 Sq. Ft. 3 bedrooms and 3 baths and a 1 car garage. Large master suite with walk in closet and master bath. Rents are 975,1040 and 1060. Renter pays all utilities. Sold before print.

Last Agent to Sell the Property

Gary Johnston

Johnston Realty, Inc. License #471004014 Listed on: 06/07/2023

Last Buyer's Agent

Gary Johnston

Johnston Realty, Inc. License #471004014 Listed on: 06/07/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2002

Lot Details

  • 9,409 Sq Ft Lot
  • Lot Dimensions are 85x125

Home Design

  • 3,636 Sq Ft Home
  • Triplex
  • Brick or Stone Veneer Front Elevation
  • Vinyl Siding

Parking

  • Attached Garage
  • Off-Street Parking

Schools

  • Belleville Dist 118 Elementary And Middle School
  • Belleville High School-East

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 08-14.0-307-058

Property Details

Home Type

Multi-Family

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Municipality Township: Belleville
  • Special Description: No Exemptions
  • Age: 21
  • Ownership: Private
  • Year Built: 2002
  • Directions: Sherman to East Belle
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: No Basement/Slab
  • Square Footage: 3636

Exterior Features

  • Construction: Brk/Stn Veneer Frnt, Vinyl Siding

Garage/Parking

  • Parking: 1-2 Car Attached Grg, Off Street

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Cooling: Central-Electric
  • Heating: Forced Air

Schools

  • Elementary School: BELLEVILLE DIST 118
  • Junior High School: BELLEVILLE DIST 118
  • School District: Belleville DIST 118
  • Senior High School: Belleville High School-East

Lot Info

  • Lot Dimensions: 85x125
  • Lot Sq Ft: 9409
  • Acres: 0.2160

Rental Info

  • Tenancy Type: Leases
  • Tenant Pays: All Utilities

Multi Family

  • Gross Operating Income: 36900.00
  • Units: 3
  • Total Expenses: 12081.00
  • Type Of Units: 3-Family

Tax Info

  • Taxes Paid: 6429
  • Assessor Parcel Number: 08-14.0-307-058

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2023
Closed on
Jun 6, 2023
Sold by
Bouse Fiudo Llc
Bought by
Bouse Properties Llc
Seller's Agent
Gary Johnston
Johnston Realty, Inc.
Buyer's Agent
Gary Johnston
Johnston Realty, Inc.
List Price
$221,433
Sold Price
$221,433
Current Estimated Value
$285,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,605
Avg. Annual Appreciation
9.44%
Original Mortgage
$1,199,791
Outstanding Balance
$1,167,942
Interest Rate
6.43%
Mortgage Type
Commercial
Estimated Equity
-$889,243

Purchase Details

Listed on
Nov 5, 2019
Closed on
Nov 1, 2019
Sold by
Families First Rentals Prop & Mgmt Svcs
Bought by
Ouse Fiudo Llc
Seller's Agent
Gary Johnston
Johnston Realty, Inc.
Buyer's Agent
Gary Johnston
Johnston Realty, Inc.
List Price
$235,000
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.64%
Original Mortgage
$188,000
Interest Rate
3.6%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 10, 2007
Sold by
Hayden James D and Hayden Brenda J
Bought by
Families First Rental & Property Managem

Purchase Details

Closed on
Aug 17, 2005
Sold by
Macaluso General Maintenance & Property
Bought by
Hayden James D and Hayden Brenda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
7.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 1, 2002
Sold by
Leroy J Schaefer Construction Co
Bought by
Macaluso General Maintenance & Property
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Buyer Sale Price Title Company
Bouse Properties Llc $1,412,000 First American Title
Ouse Fiudo Llc $235,000 Accommodation
Families First Rental & Property Managem -- None Available
Hayden James D $260,000 First American Title Ins
Macaluso General Maintenance & Property $24,000 First American Title Insuran
Macaluso General Maintenance & Property $24,000 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bouse Properties Llc $1,199,791
Previous Owner Ouse Fiudo Llc $188,000
Previous Owner Hayden James D $234,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/07/2023 06/07/23 Sold $221,433 0.0% $61 / Sq Ft
06/07/2023 06/07/23 Pending -- -- --
06/07/2023 06/07/23 For Sale $221,433 -5.8% $61 / Sq Ft
11/05/2019 11/05/19 Sold $235,000 0.0% $65 / Sq Ft View Prior Sale
11/05/2019 11/05/19 Pending -- -- --
11/05/2019 11/05/19 For Sale $235,000 -- $65 / Sq Ft
Source: MARIS MLS

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 $6,951 $79,042 $6,661 $72,381
2023 $7,272 $77,477 $6,529 $70,948
2022 $6,676 $69,749 $5,878 $63,871
2021 $6,429 $64,481 $5,434 $59,047
2020 $6,249 $60,978 $5,139 $55,839
2019 $6,052 $58,415 $5,405 $53,010
2018 $5,918 $57,152 $5,288 $51,864
2017 $5,871 $56,751 $5,251 $51,500
2016 $5,797 $55,545 $5,139 $50,406
2014 $5,591 $60,464 $5,820 $54,644
2013 $5,532 $61,328 $5,903 $55,425
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS23032504

MARIS MLS

APN: 08-14.0-307-058