NOT LISTED FOR SALE

221 E Franklin St Irving, IL 62051

Estimated Value: $24,000 - $123,000

Studio
-- Bath
3,729 Sq Ft
$21/Sq Ft Est. Value

Sale Details

Date Sold: January 22, 2021

Last sale price $15,000 $4 Per Sq Ft

Est. 412% increase in value since last sale

Current estimated payment $487 / mo

1386 Days on Market

About This Home

As of January 2021

Great Investment Opportunity! 3 Unit apartment Building with a separate cottage and a detached garage/storage shed on 3 lots with a corner location. There are 2 - 2 bedroom units and 1- 3 bedroom unit plus a small cottage. All units are currently vacant. All Units have their own meters. City water, gas and sewer. If you are looking for an investment, this property could be it! With some work, these units have the potential of bringing in good rents.

Last Agent to Sell the Property

Jack Tosetti

Tosetti & Associates License #471000233 Listed on: 03/30/2017

Last Buyer's Agent

Jack Tosetti

Tosetti & Associates License #471000233 Listed on: 03/30/2017

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Lot Details

  • 21,170 Sq Ft Lot
  • Lot Dimensions are 150' x 140'

Home Design

  • 3,729 Sq Ft Home
  • Triplex
  • Asbestos Shingle Roof

Parking

  • On-Street Parking
  • Off-Street Parking

Schools

  • Hillsboro Dist 3 Elementary And Middle School
  • Hillsboro Community High Schoo

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 12-22-428-012

Property Details

Home Type

Multi-Family

Lot Details

0.49 Acres

Listing Details

  • Property Type: Multi-Family 2-4
  • Special Description: No Exemptions
  • Ownership: Private
  • Year Built Exception: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Basement
  • Square Footage: 3729

Exterior Features

  • Construction: Asbestos Shingle

Garage/Parking

  • Parking: Off Street, On Street Parking

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Gas
  • Heating: Forced Air

Schools

  • Elementary School: HILLSBORO DIST 3
  • Junior High School: HILLSBORO DIST 3
  • School District: HILLSBORO DIST 3
  • Senior High School: Hillsboro Community High Schoo

Lot Info

  • Lot Dimensions: 150' x 140'
  • Lot Sq Ft: 21170
  • Acres: 0.4860

Rental Info

  • Tenancy Type: None
  • Tenant Pays: All Utilities

Multi Family

  • Units: 3
  • Type Of Units: 3-Family

Tax Info

  • Taxes Paid: 1397
  • Assessor Parcel Number: 12-22-428-012

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
Mar 30, 2017
Closed on
Jan 19, 2021
Sold by
Bought by
Seller's Agent
Jack Tosetti
Tosetti & Associates
Buyer's Agent
Jack Tosetti
Tosetti & Associates
List Price
$79,900
Sold Price
$15,000
Premium/Discount to List
-$64,900
-81.23%
Current Estimated Value
$76,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,790
Avg. Annual Appreciation
34.07%

Purchase Details

Closed on
Sep 11, 2020
Sold by
Bought by

Purchase Details

Closed on
Apr 23, 2015
Sold by
Bought by

Purchase Details

Closed on
Apr 7, 2006
Sold by
Bought by
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
$15,000 None Available
-- None Available
-- None Available
$40,000 --
$28,000 None Available
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
Previous Owner $5,030
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
01/22/2021 01/22/21 Sold $15,000 -16.7% $4 / Sq Ft
01/15/2021 01/15/21 Pending -- -- --
01/12/2021 01/12/21 Price Changed $18,000 -34.5% $5 / Sq Ft
09/21/2020 09/21/20 Price Changed $27,500 -21.4% $7 / Sq Ft
07/06/2020 07/06/20 Price Changed $35,000 -49.9% $9 / Sq Ft
09/05/2017 09/05/17 Price Changed $69,900 -12.5% $19 / Sq Ft
03/30/2017 03/30/17 For Sale $79,900 -- $21 / Sq Ft
Source: MARIS MLS

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 $778 $16,650 $4,930 $11,720
2024 $737 $15,570 $4,610 $10,960
2023 $705 $14,690 $4,350 $10,340
2022 $661 $14,050 $4,160 $9,890
2021 $1,106 $13,160 $3,900 $9,260
2020 $1,560 $18,340 $3,690 $14,650
2019 $1,538 $17,790 $3,580 $14,210
2018 $1,463 $16,930 $3,410 $13,520
2017 $1,435 $16,320 $3,290 $13,030
2016 $1,397 $15,960 $3,220 $12,740
2015 $1,369 $16,020 $3,230 $12,790
2013 -- $15,930 $3,210 $12,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS17025689

MARIS MLS

APN: 12-22-428-012

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