$154,500
SOLD AUG 31, 2022

221 N Main St Wilmington, IL 60481

4 Beds
2 Baths
-- Sq Ft
-- Built

Recently Sold

6% Below List Price

47 Days on Market

Highlights

  • Porch
  • Shed
  • Heating System Uses Natural Gas
  • L.J. Stevens Intermediate School Rated A-

About This Home

As of August 2022

Older 2 story duplex in good condition with a great central location. Upper unit is owner occupied, 1st floor unit is currently vacant, newer roof (3 years), freshly painted interior, great potential money maker for investor or owner-occupied potential. Home being sold in "AS IS" condition

Last Agent to Sell the Property

Christopher Shell

Pro Real Estate License #475131739 Listed on: 06/08/2022

Last Buyer's Agent

William Sole

Sancken Sole Realty License #471000241

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,210

Home Design

  • Combination Foundation
  • Stone Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • On-Street Parking
  • Uncovered Parking
  • Unassigned Parking

Outdoor Features

  • Shed
  • Porch

Additional Features

  • Partial Basement
  • Lot Dimensions are 66x132
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,210

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Porch
  • Foundation Details: Stone
  • List Price: 165000
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Combination

Garage/Parking

  • Parking Features: Unassigned, Side Apron
  • ParkingTotal: 4
  • Number of Cars: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Electric
  • Water Source: Public

Schools

  • Middle/Junior School District: 209U

Lot Info

  • Lot Dimensions: 66X132
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17

Tax Info

  • Tax Annual Amount: 3210
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2022
Closed on
Aug 25, 2022
Sold by
Brian Burkett
Bought by
Myers Kevin
Seller's Agent
Christopher Shell
Pro Real Estate
Buyer's Agent
William Sole
Sancken Sole Realty
List Price
$165,000
Sold Price
$154,500
Premium/Discount to List
-$10,500
-6.36%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.32%
Original Mortgage
$131,325
Outstanding Balance
$126,595
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$100,555

Purchase Details

Closed on
Dec 28, 2016
Sold by
Bell Ronnie W and Bell Debra J
Bought by
Burkett Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,080
Interest Rate
3.87%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $154,500 --
Warranty Deed $106,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $131,325 New Conventional
Previous Owner $98,575 FHA
Previous Owner $104,080 FHA
Previous Owner $66,563 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 Pending -- -- --
05/05/2025 05/05/25 For Sale $220,000 +42.4% --
08/31/2022 08/31/22 Sold $154,500 -6.4% --
07/26/2022 07/26/22 Pending -- -- --
07/20/2022 07/20/22 For Sale $165,000 0.0% --
07/12/2022 07/12/22 Pending -- -- --
06/08/2022 06/08/22 For Sale $165,000 -- --
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
2023 $3,851 $48,187 $18,994 $29,193
2022 $3,371 $43,636 $17,200 $26,436
2021 $3,210 $40,724 $16,052 $24,672
2020 $3,167 $39,653 $15,630 $24,023
2019 $3,134 $38,872 $15,322 $23,550
2018 $3,079 $37,987 $14,973 $23,014
2017 $2,904 $35,485 $13,987 $21,498
2016 $2,656 $32,600 $12,850 $19,750
2015 $2,706 $31,821 $12,543 $19,278
2014 $2,706 $32,143 $12,670 $19,473
2013 $2,706 $34,253 $13,502 $20,751
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11429089

Midwest Real Estate Data (MRED)

APN: 03-17-25-332-001