NOT LISTED FOR SALE

224 N Oak St Ludlow, IL 60949

Estimated Value: $39,000 - $64,000

1 Bed
1 Bath
-- Sq Ft
0.59 Acre Lot

Sale Details

Date Sold: October 24, 2024

Last sale price $30,000

Est. 79% increase in value since last sale

Current estimated payment $390 / mo

116 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Shed

About This Home

As of October 2024

2, 442 Sq Ft Units on Lot 4 224 N Oak & 224 N Orange Long term Tenant on Oak rents for $425, Orange unit rents for $450 1 septic system needs some attention. Common storage shed between the 2 units 3 additional lots to the north convey in this package

Last Agent to Sell the Property

Phillip Trautman

Champaign County Realty License #471001829 Listed on: 06/07/2024

Last Buyer's Agent

Phillip Trautman

Champaign County Realty License #471001829 Listed on: 06/07/2024

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,061

Year Built

  • Built in 1944

Lot Details

  • 25,700 Sq Ft Lot
  • Lot Dimensions are 160 x 160
  • Corner Lot

Home Design

  • Block Foundation
  • Asphalt Roof
  • Cedar

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Bathroom

Basement

  • Crawl Space

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Parking Included in Price

Outdoor Features

  • Deck
  • Shed

Schools

  • Rantoul High Elementary And Middle School
  • Rantoul High School

Utilities

  • Heating System Uses Natural Gas
  • Private or Community Septic Tank

Community Details

  • 2 Units
  • Gross Income $10,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,061

Year Built

Built in 1944

Lot Details

0.59 Acres

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1944
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOTS 1,2,3 & 4 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: 1
  • Total Bedrooms: 1
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Block
  • Lot Features: Corner Lot
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Cedar

Garage/Parking

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

Utilities

  • Sewer: Septic-Private
  • Heating: Natural Gas
  • Water Source: Public

Schools

  • Elementary School: Rantoul High School
  • High School: Rantoul High School
  • Middle/Junior School: Rantoul High School

Lot Info

  • Lot Size Acres: 0.59
  • Lot Dimensions: 160 X 160
  • Lot Size: .50-.99 Acre
  • Special Assessments: U

Rental Info

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

Multi Family

  • GrossIncome: 10500
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat,Other

Tax Info

  • Tax Annual Amount: 1061
  • Tax Year: 2023

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

Closed on
Jul 9, 2024
Sold by
Arthur R Combest Revocable Living Trust and Combest Steven R
Bought by
Current Estimated Value
$53,647

Purchase Details

Closed on
Nov 26, 2013
Sold by
Combest Arthur R
Bought by
Combest Arthur R and Arthur R Combest Revocable Living Trust
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
$30,000 None Listed On Document
Combest Arthur R -- None Available
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
10/24/2024 10/24/24 Sold $30,000 -33.3% --
09/24/2024 09/24/24 Pending -- -- --
08/22/2024 08/22/24 Price Changed $45,000 -10.0% --
08/07/2024 08/07/24 Price Changed $50,000 -15.3% --
06/18/2024 06/18/24 Price Changed $59,000 -9.2% --
05/30/2024 05/30/24 For Sale $65,000 -- --
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 $1,130 $17,080 $1,930 $15,150
2024 $1,061 $15,560 $1,760 $13,800
2023 $1,061 $13,880 $1,570 $12,310
2022 $1,011 $12,390 $1,400 $10,990
2021 $963 $11,570 $1,310 $10,260
2020 $986 $11,180 $1,270 $9,910
2019 $954 $10,740 $1,220 $9,520
2018 $945 $10,190 $1,160 $9,030
2017 $970 $9,930 $1,130 $8,800
2016 $970 $9,930 $1,130 $8,800
2015 $983 $9,930 $1,130 $8,800
2014 $976 $9,930 $1,130 $8,800
2013 $979 $10,040 $1,140 $8,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12070123

Midwest Real Estate Data (MRED)

APN: 14-03-01-453-002

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