NOT LISTED FOR SALE

218 E River St Rockton, IL 61072

Rockton Area

Estimated Value: $928,702

18 Beds
12 Baths
6,462 Sq Ft
$144/Sq Ft Est. Value

Sale Details

Date Sold: August 3, 2021

Last sale price $450,000 $70 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $6,295 / mo

415 Days on Market

About This Home

As of August 2021

12 Unit Ranch style apartment building with 1 & 2 bedrooms in Rockton a cross the street from River. Great location-great cash flow @$69,600 annual income with room to increase to market rate. New Roof completed in 2013, All of the windows replaced with Jeld-wen windows, 22 exterior doors replaced, cement board siding, lights, soffits fascia & gutters have been updated. Most of the kitchens baths & flooring have also been updated. Expenses $18,835 current net income of $50,765.

Last Agent to Sell the Property

Gerard DuMelle

Weichert Realtors - Tovar Prop License #475134198 Listed on: 04/01/2020

Weichert Realtors - Tovar Prop

Last Buyer's Agent

Gerard DuMelle

Weichert Realtors - Tovar Prop License #475134198 Listed on: 04/01/2020

Weichert Realtors - Tovar Prop
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,960

Year Built

  • Built in 1951

Lot Details

  • 24,831 Sq Ft Lot
  • Lot Dimensions are 164x246

Home Design

  • Membrane Roofing

Interior Spaces

  • 6,462 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 12 Bathrooms

Outdoor Features

  • Courtyard

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 12 Units

Building Details

  • Electric Expense $2,000
  • Fuel Expense $3,200
  • Insurance Expense $3,500
  • Trash Expense $750
  • Water Sewer Expense $1,425
  • Operating Expense $18,835
  • Gross Income $69,600
  • Net Operating Income $50,765

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,960

Year Built

Built in 1951

Lot Details

0.57 Acres

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Courtyard
  • Stories: 1
  • Year Built: 1951
  • Built Before 1978 (Y/N): Yes
  • Information: None
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 12
  • Total Bedrooms: 18
  • Refrigerators: 12
  • Ranges: 12
  • Room: 0

Exterior Features

  • Frontage Type: City Street
  • Roof: Membrane
  • Exterior Building Type: Other

Utilities

  • Cooling: Window Unit(s)
  • Utilities: Sanitary Sewer, Water-Community, Water to Site
  • Heat/Ventilation: Gas

Fee Information

  • Trash Expense: 750
  • Water Sewer Expenses: 1425

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.6
  • Lot Dimensions: 164X246
  • Lot Size Sq Ft: 24831
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 24

Building Info

  • BuildingAreaTotal: 6462

Multi Family

  • Net Operating Income: 50765
  • Fuel Expense: 3200
  • Insurance Expense: 3500
  • ElectricExpense: 2000
  • GrossIncome: 69600
  • NumberOfUnitsTotal: 12
  • OperatingExpense: 18835
  • Type Multi-Family: Courtyard

Tax Info

  • Tax Annual Amount: 7960
  • Tax Year: 2018

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

Closed on
Apr 21, 2026
Sold by
Bought by
Current Estimated Value
$928,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$693,750
Outstanding Balance
$673,869
Interest Rate
6.11%
Mortgage Type
New Conventional
Estimated Equity
$254,833

Purchase Details

Listed on
Apr 1, 2020
Closed on
Aug 3, 2021
Sold by
Bought by
Seller's Agent
Gerard DuMelle
Weichert Realtors - Tovar Prop
Buyer's Agent
Gerard DuMelle
Weichert Realtors - Tovar Prop
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.59%
Original Mortgage
$337,500
Interest Rate
5.25%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Rockton, IL

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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
$925,000 None Listed On Document
$450,000 Zimmerman & Walsh Llp
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 $693,750
Previous Owner $337,500
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
08/03/2021 08/03/21 Sold $450,000 -22.4% $70 / Sq Ft
05/22/2021 05/22/21 For Sale -- -- --
05/21/2021 05/21/21 Pending -- -- --
02/09/2021 02/09/21 For Sale $580,000 0.0% $90 / Sq Ft
01/26/2021 01/26/21 Pending -- -- --
12/04/2020 12/04/20 For Sale $580,000 0.0% $90 / Sq Ft
11/24/2020 11/24/20 Pending -- -- --
04/01/2020 04/01/20 For Sale $580,000 -- $90 / Sq Ft
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 $14,402 $182,297
2024 $13,440 $173,617
2023 $13,440 $245,200 $35,270 $209,930
2022 $12,866 $190,060 $27,340 $162,720
2021 $13,357 $191,310 $27,520 $163,790
2020 $13,151 $174,670 $25,130 $149,540
2019 $12,636 $172,330 $24,790 $147,540
2018 $12,128 $156,860 $22,560 $134,300
2017 $11,629 $162,350 $23,350 $139,000
2016 $13,102 $141,110 $20,300 $120,810
2015 $11,961 $134,190 $19,300 $114,890
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10681638

Midwest Real Estate Data (MRED)

APN: 03-24-401-004

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