NOT LISTED FOR SALE

224 Gettysburg Rd Belleville, IL 62226

Estimated Value: $201,000 - $272,000

Studio
-- Bath
2,040 Sq Ft
$117/Sq Ft Est. Value

Last Sold May 25, 2023

Last sale price $233,000 $114 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,793/month

74 Days on Market

Highlights

  • Forced Air Heating System
  • Laundry Facilities
  • Mini Split Air Conditioners

About This Home

As of May 2023

Wonderful investment opportunity! This low maintenance, 4 unit building is conveniently located near 161 and Frank Scott Parkway. The demand for rental in this area has been quite high and occupancy is currently at 100%. Tenants enjoy private parking, updated units, coin operated central laundry and walking distance to public transportation. Each unit offers two bedrooms, 1 full bathroom, a nice sized living room and kitchen. The kitchens come equipped with a refrigerator and stove.

Last Agent to Sell the Property

Rebecca DeMond

RE/MAX Preferred License #475131653 Listed on: 03/11/2023

RE/MAX Preferred

Last Buyer's Agent

Bryan Young

Young Realty Group LLC License #2000153325

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80x125x77.7x125

Parking

  • Off-Street Parking

Home Design

  • 2,040 Sq Ft Home
  • Quadruplex
  • Brick Exterior Construction

Schools

  • Belleville Dist 118 Elementary And Middle School
  • Belleville High School-West

Utilities

  • Mini Split Air Conditioners
  • Forced Air Heating System
  • Wall Furnace
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for cable tv/satellite, electric, gas, sewer, water
  • Assessor Parcel Number 08-08.0-102-008

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Municipality Township: Belleville
  • Special Description: No Exemptions
  • Age: 55
  • Ownership: Private
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Laundry Facl-Commty
  • Square Footage: 2040

Exterior Features

  • Construction: Brick Veneer Predom

Garage/Parking

  • Parking: Off Street

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: Individual Units
  • Heating: Forced Air, Individual Furnaces

Schools

  • Elementary School: BELLEVILLE DIST 118
  • Junior High School: BELLEVILLE DIST 118
  • School District: Belleville DIST 118
  • Senior High School: Belleville High School-West

Lot Info

  • Lot Dimensions: 80x125x77.7x125
  • Lot Sq Ft: 10019
  • Acres: 0.2300

Rental Info

  • Tenancy Type: Month To Month
  • Tenant Pays: Cable TV/Satellite, Electric, Gas, Sewer, Water

Multi Family

  • Gross Operating Income: 28800.00
  • Units: 4
  • Total Expenses: 8800.00
  • Type Of Units: 4-Family

Tax Info

  • Taxes Paid: 5096
  • Assessor Parcel Number: 08-08.0-102-008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2023
Sold by
Ampadu James
Bought by
Jha Real Estate Llc
Current Estimated Value
$256,805

Purchase Details

Listed on
Mar 11, 2023
Closed on
May 25, 2023
Sold by
Abraham Sally A and Abusharif Yosra M
Bought by
Ampadu James
Seller's Agent
Rebecca DeMond
RE/MAX Preferred
Buyer's Agent
Bryan Young
Young Realty Group LLC
List Price
$249,900
Sold Price
$233,000
Premium/Discount to List
-$16,900
-6.76%
Views
40

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.89%
Original Mortgage
$174,750
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2012
Sold by
Abusrahif Yosra M
Bought by
Abraham Sally A
Source: Public Records

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jha Real Estate Llc -- Town & Country Title
Ampadu James $233,000 Town & Country Title
Abraham Sally A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ampadu James $174,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2023 05/25/23 Sold $233,000 -6.8% $114 / Sq Ft
03/11/2023 03/11/23 For Sale $249,900 -- $123 / Sq Ft
Source: MARIS MLS

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 $5,509 $62,650 $8,562 $54,088
2023 $5,764 $61,409 $8,392 $53,017
2022 $5,291 $55,284 $7,555 $47,729
2021 $5,096 $51,108 $6,984 $44,124
2020 $4,953 $48,330 $6,604 $41,726
2019 $4,213 $40,664 $6,945 $33,719
2018 $4,119 $39,785 $6,795 $32,990
2017 $4,087 $39,505 $6,747 $32,758
2016 $4,036 $42,018 $6,604 $35,414
2014 $3,613 $39,070 $5,610 $33,460
2013 $3,575 $39,629 $5,690 $33,939
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS23012777

MARIS MLS

APN: 08-08.0-102-008