$400,000
SOLD MAR 28, 2025

219 E Main St Heyworth, IL 61745

-- Bed
-- Bath
11,020 Sq Ft
0.59 Acres

Recently Sold

$36 Per Sq Ft

5% Below List Price

10 Days on Market

About This Home

As of March 2025

Great investment opportunity with 9 of 10 units currently rented! Longtime owners have maintained this all brick building very well. Every unit is unique--9 units are 1 bedroom, and one unit is a 2 bedroom. Upstairs hallway, along with most units, have original hardwood floors. Convenient laundry is in the basement, along with 6 private storage cubbies. A recent major update (2024) was the addition of a dewatering system around the foundation, installed by Helitech, along with 2 new sump pumps. They also re-graded the south side of the building and poured a brand new sidewalk. This was a $30k project. One 75 gal water heater was new in Oct '24, one A/C unit was new summer of '24. Black awnings were replaced in 2023, and the Roof was re-covered approx 6 yrs ago.

Last Agent to Sell the Property

Amy Brown

Keller Williams Revolution License #475165190 Listed on: 12/27/2024

Keller Williams Revolution

Co-Listed By

Nathan Brown

Keller Williams Revolution License #475146235

Last Buyer's Agent

Amy Brown

Keller Williams Revolution License #475165190 Listed on: 12/27/2024

Keller Williams Revolution

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,087

Year Built

  • Built in 1909

Lot Details

  • 0.59 Acre Lot
  • Lot Dimensions are 118 x 103

Parking

  • 13 to 18 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 11,020 Sq Ft Home
  • 2-Story Property

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat

Community Details

Overview

  • 10 Units

Building Details

  • Electric Expense $613
  • Fuel Expense $1,491
  • Insurance Expense $5,569
  • Trash Expense $1,579
  • Water Sewer Expense $1,748
  • Operating Expense $16,352
  • Gross Income $5,225
  • Net Operating Income $39,748

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,087

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Condo/Townhouse
  • Stories: 2
  • Year Built: 1909
  • Built Before 1978 (Y/N): Yes
  • New Construction Y/N: No
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 2
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 10
  • Ranges: 10
  • Number of Washers: 2
  • Room: 0

Exterior Features

  • Foundation Details: Brick/Mortar
  • Frontage Type: City Street
  • Exterior Building Type: Brick
  • Misc Outside: Enclosed Stairs

Garage/Parking

  • Outdoor Parking: 13-18 Spaces

Utilities

  • Cooling: Central Air
  • Utilities: Water-Municipal, Cable Available
  • Heat/Ventilation: Central Heat/Indiv Controls,Forced Air,Gas

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Conversion YN: N
  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 1579
  • Water Sewer Expenses: 1748

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.59
  • Lot Dimensions: 118 X 103
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Board Number: 23
  • Tenancy Type: Leases,Month To Month

Building Info

  • BuildingAreaTotal: 11020

Multi Family

  • Net Operating Income: 39748
  • Fuel Expense: 1491
  • Insurance Expense: 5569
  • ElectricExpense: 613
  • GrossIncome: 5225
  • NumberOfUnitsTotal: 10
  • OperatingExpense: 16352
  • Type Multi-Family: Condo/Townhouse

Tax Info

  • Tax Annual Amount: 5086.56
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2024
Closed on
Mar 28, 2025
Sold by
Bucham Jack and Burcham Beverly
Bought by
Alexander Curt
Seller's Agent
Amy Brown
Keller Williams Revolution
Buyer's Agent
Amy Brown
Keller Williams Revolution
List Price
$420,000
Sold Price
$400,000
Premium/Discount to List
-$20,000
-4.76%
Views
33
Current Estimated Value
$401,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,882

Purchase Details

Listed on
Dec 27, 2024
Closed on
Mar 24, 2025
Sold by
Trust Number 9003 and Chicago Title Land Trust Company
Bought by
Alexander Curt
Seller's Agent
Amy Brown
Keller Williams Revolution
Buyer's Agent
Amy Brown
Keller Williams Revolution
List Price
$420,000
Sold Price
$400,000
Premium/Discount to List
-$20,000
-4.76%
Views
33
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $400,000 Mclean County Title
Deed -- Chicago Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2025 03/28/25 Sold $400,000 -4.8% $36 / Sq Ft
01/07/2025 01/07/25 Pending -- -- --
12/27/2024 12/27/24 For Sale $420,000 -- $38 / 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 $4,892 $66,490 $5,497 $60,993
2022 $4,892 $55,698 $4,605 $51,093
2021 $4,795 $53,427 $4,417 $49,010
2020 $4,784 $52,705 $4,357 $48,348
2019 $4,747 $52,328 $4,326 $48,002
2018 $4,759 $52,328 $4,326 $48,002
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12258120

Midwest Real Estate Data (MRED)

APN: 28-34-356-018