NOT LISTED FOR SALE

2910 E 15th Rd Ottawa, IL 61350

Estimated Value: $234,851

Studio
9 Baths
-- Sq Ft
1.63 Acres

Last Sold December 07, 2012

Last sale price $157,000

Est. 50% increase in value since last sale

Current estimated payment $1,451/month

134 Days on Market

Highlights

  • 1.63 Acre Lot
  • Wallace Elementary School Rated 9+
  • Forced Air Heating and Cooling System

About This Home

As of December 2012

Bank Owned investor special ! Net 12,130 SF, 2 buildings with 8 units total, in ground swimming pool and 42x54 Pole Building. 1 unit is 4 bed, 2 bath/2 units are 3 bed 1 bath, and remaining 5 units are 2 bed, 1 bath all on 1.63 acres. Projected gross income is $ 67,800 a year. Great rural location close to downtown.

Last Agent to Sell the Property

Phil Makarewicz

RE/MAX 1st Choice License #475138878 Listed on: 06/18/2012

Last Buyer's Agent

Robin Guerrero

Coldwell Banker Today's, Realtors

Coldwell Banker Today's, Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,493

Year Built

  • Built in 1915

Lot Details

  • 1.63 Acre Lot
  • Lot Dimensions are 330x179

Home Design

  • Cluster Home
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Private or Community Septic Tank

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 8 Units

Building Details

  • Electric Expense $600
  • Insurance Expense $4,600
  • Other Expense $2,543
  • Water Sewer Expense $600
  • Operating Expense $17,946
  • Gross Income $5,650

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,493

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Cluster
  • Stories: 2
  • Year Built: 1915
  • Built Before 1978 (Y/N): Yes
  • Information: Short Notice OK
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Possible Use: Commercial, Multi-Family
  • Room: 0

Exterior Features

  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Indoor Parking: 1-5 Spaces

Utilities

  • Cooling: Central Air, Exhaust Fan
  • Utilities: Septic-Private
  • Heat/Ventilation: Forced Air

Fee Information

  • Water Sewer Expenses: 600

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 1.63
  • Lot Dimensions: 330X179
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 18

Multi Family

  • Insurance Expense: 4600
  • ElectricExpense: 600
  • GrossIncome: 5650
  • NumberOfUnitsTotal: 8
  • OperatingExpense: 17946
  • Type Multi-Family: Cluster

Tax Info

  • Tax Annual Amount: 4493.04
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2019
Sold by
Anderson Carol A
Bought by
Thrush Robert A and Robert A Thrush Jr Trust
Current Estimated Value
$234,851
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
Thrush Robert A $150,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2012 12/07/12 Sold $157,000 -36.8% --
10/30/2012 10/30/12 Pending -- -- --
06/18/2012 06/18/12 For Sale $248,600 -- --
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
2024 $8,644 $115,231 $4,860 $110,371
2023 $8,836 $115,231 $4,860 $110,371
2022 $8,505 $108,709 $4,585 $104,124
2021 $8,620 $108,709 $4,585 $104,124
2020 $3,516 $44,423 $4,585 $39,838
2019 $3,565 $44,423 $4,585 $39,838
2018 $3,610 $44,423 $4,585 $39,838
2017 $3,574 $44,423 $4,585 $39,838
2016 $3,554 $44,423 $4,585 $39,838
2015 $3,548 $44,423 $4,585 $39,838
2012 -- $44,423 $4,585 $39,838
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08094628

Midwest Real Estate Data (MRED)

APN: 21-03-304004