NOT LISTED FOR SALE

220 N Oak St Ludlow, IL 60949

Estimated Value: $57,000 - $91,000

4 Beds
2 Baths
-- Sq Ft
6,534 Sq Ft Lot

Sale Details

Date Sold: January 3, 2025

Last sale price $75,000

Est. 7% decrease in value since last sale

Current estimated payment $452 / mo

30 Days on Market

About This Home

As of January 2025

Great Investment opportunity, or live in one and rent the other! This parcel offers two homes, both featuring two bedrooms and one full bath. 220 Oak Street has a covered porch and a single-vehicle carport, while 222 Orange has a laundry space and a garden shed. Both homes currently have tenants on a month-to-month lease. One tenant will be moving out by end of November. Property is being offered in "AS-IS" condition.

Last Agent to Sell the Property

Jeanette During

TOWN & COUNTRY REALTY,LLP License #471001832 Listed on: 10/28/2024

Last Buyer's Agent

Nate Evans

Nate Evans Group License #475124281

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,154

Year Built

  • Built in 1915

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 40x160

Home Design

  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Parking Included in Price

Outdoor Features

  • Shed

Schools

  • Ludlow Elementary School
  • Ludlow Junior High School
  • Rantoul Twp High School

Utilities

  • Heating System Uses Steam
  • Shared Septic

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,154

Year Built

Built in 1915

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT 5 BLOCK 7 PERA ORIGINAL TOWN, NOW LUDLOW
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove

Exterior Features

  • Foundation Details: Block, Concrete Perimeter
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Driveway
  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Septic Shared
  • Heating: Steam
  • Water Source: Public

Schools

  • Elementary School: Ludlow Elementary School
  • High School: Rantoul Twp Hs
  • Middle/Junior School: Ludlow Junior High School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.15
  • Lot Dimensions: 40X160
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1154.2
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

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

Listed on
Oct 28, 2024
Closed on
Dec 14, 2024
Sold by
Bought by
Seller's Agent
Jeanette During
TOWN & COUNTRY REALTY,LLP
Buyer's Agent
Nate Evans
Nate Evans Group
List Price
$80,000
Sold Price
$75,000
Premium/Discount to List
-$5,000
-6.25%
Views
22
Current Estimated Value
$69,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,322
Avg. Annual Appreciation
2.77%
Original Mortgage
$65,000
Outstanding Balance
$50,334
Interest Rate
5.84%
Mortgage Type
New Conventional
Estimated Equity
$28,123
Source: Public Records

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
$75,000 None Listed On Document
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 $65,000
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
01/03/2025 01/03/25 Sold $75,000 -6.3% --
11/27/2024 11/27/24 Pending -- -- --
10/28/2024 10/28/24 For Sale $80,000 -- --
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 $5,945 $434,675
2024 $5,764 $422,425
2023 $5,764 $410,121 $0 $0
2022 $5,591 $398,176 $0 $0
2021 $5,701 $386,579 $0 $0
2020 $5,760 $381,242 $0 $0
2019 $5,609 $372,671 $0 $0
2018 $5,514 $365,722 $0 $0
2017 $5,448 $358,200 $251,000 $107,200
2016 $6,097 $353,900 $248,500 $105,400
2015 $5,592 $315,900 $213,800 $102,100
2014 $6,454 $283,357 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12198084

Midwest Real Estate Data (MRED)

APN: 14-03-01-453-003

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