NOT LISTED FOR SALE

2607 Illinois 351 Oglesby, IL 61348

10 Beds
5 Baths
-- Sq Ft
14 Acres

Last Sold August 19, 2022

Last sale price $385,000

519 Days on Market

About This Home

As of August 2022

RARE FIND! Approx 14 acres; 5 separate 2 bedroom houses with old world character. Lots of hardwood floors and natural woodwork. Each house has a garage, separate septic and cisterns. 2 wells on property, 1 dug and one bored. Lots of possible options for water including possibility of Jonesville and Oglesby. One house has a very long-term tenant that pays $500 per month. One owner occupied and one vacant. Other 2 houses have barns and one out building - 1 street light has separate electric meter. All houses nicely spaced for privacy. This beautiful park-like property perched high on a hill with wonderful views of the Illinois Valley. Just minutes from the Vermillion and Illinois rivers. Minutes from Starved Rock State Park, Grand Bear, I&M Canal, Buffalo Rock, 2 golf courses and much more! Cash in on the near 3 million people that visit the area annually. Loads of equipment for maintaining the property available for sale to person purchasing the property. Second Pin # 18-26-200-013. According to tax records, approx year built runs from 1855 to 1950.

Last Agent to Sell the Property

Dee Barrera

Starved Rock Realty Listed on: 02/09/2021

Last Buyer's Agent

Dee Barrera

Starved Rock Realty Listed on: 02/09/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,177

Year Built

  • Built in 1950

Lot Details

  • 14 Acre Lot
  • Lot Dimensions are 27x27x22x22x27x27x22x22
  • Additional Parcels

Home Design

  • Cluster Home

Interior Spaces

  • 1-Story Property

Utilities

  • Central Air
  • Separate Meters

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $255
  • Insurance Expense $422
  • Operating Expense $255
  • Gross Income $6,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,177

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Cluster
  • Stories: 1
  • Year Built: 1950
  • Built Before 1978 (Y/N): Yes
  • Information: None
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Room: 5
  • Room: 5
  • Room: 0

Exterior Features

  • List Price: 399900

Utilities

  • Cooling: Central Air
  • Electric: Circuit Breakers, Fuses, Separate Meters
  • Heat/Ventilation: Other

Condo/Co-op/Association

  • Unincorporated (Y/N): Yes
  • Owners Association (Y/N): No

Fee Information

  • Janitor Expense: 0

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 14
  • Lot Dimensions: 27X27X22X22X27X27X22X22
  • Zoning: OTHER

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Board Number: 18

Multi Family

  • Insurance Expense: 422
  • ElectricExpense: 255
  • GrossIncome: 6000
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 255
  • Type Multi-Family: Cluster

Tax Info

  • Tax Annual Amount: 7177
  • Tax Year: 2020

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2022 08/19/22 Sold $385,000 -3.7% --
07/13/2022 07/13/22 Pending -- -- --
02/09/2021 02/09/21 For Sale $399,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10991356

Midwest Real Estate Data (MRED)