NOT LISTED FOR SALE

301 7th Ave Colona, IL 61241

Estimated Value: $178,000 - $235,098

3 Beds
4 Baths
3,072 Sq Ft
$65/Sq Ft Est. Value

Last Sold August 01, 2023

Last sale price $274,000 $89 Per Sq Ft

Est. 27% decrease in value since last sale

Current estimated payment $1,424/month

5 Days on Market

About This Home

As of August 2023

Amazing Investment Opportunity..... 4 Plex fully occupied with happy long term tenants in place. Each unit offers two bedrooms, one bath and their own full basement with private laundry and storage. Good size back yard with firepit / gathering area, and storage shed. First unit has over sized two car garage and extra parking. Call today and schedule your showing on your next investment

Last Agent to Sell the Property

Niki Greenwood

Epique Realty Brokerage Phone: 563-210-6925 License #S61684000/475.166525 Listed on: 06/21/2023

Last Buyer's Agent

Niki Greenwood

Epique Realty Brokerage Phone: 563-210-6925 License #S61684000/475.166525 Listed on: 06/21/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,596

Year Built

  • Built in 1964

Lot Details

  • Lot Dimensions are 140 x 120
  • Corner Lot
  • Level Lot

Home Design

  • Shingle Roof

Interior Spaces

  • 3,072 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 4 Car Detached Garage
  • Parking Pad
  • On-Street Parking

Schools

  • United Township High School

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Ryan Garden Subdivision
  • Trash Expense $800

Listing and Financial Details

  • Assessor Parcel Number 06-10-430-023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,596

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1964
  • New Construction: No
  • Structure Type: Quadruplex
  • PricePerSqFt: 89.19
  • Age55PlusDevelopment: No
  • Attribution Contact: Cell: 563-210-6925
  • Special Features: None

Interior Features

  • Basement: Full

Exterior Features

  • Lot Features: Corner Lot, Level
  • Road Surface Type: Paved
  • Construction Type: Other
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Detached, On Street, Parking Pad
  • Total Parking Spaces: 4

Utilities

  • Heating: Gas, Central Air, Gas Water Heater
  • Water Sewer Expenses: 2000
  • Laundry Features: Private
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 4
  • NumberOfHeatingUnits: 4
  • NumberOfCentralAirUnits: 4
  • NumberOfGasMeters: 4
  • NumberOfElectricMeters: 4
  • NumberofWaterMeters: 1
  • NumberOfRanges: 4
  • NumberofRefrigerators: 4
  • NumberOfWashers: 3
  • NumberOfDryers: 3
  • NumberOfWindowUnits: 0

Condo/Co-op/Association

  • LawnSnowRemoval: 600

Fee Information

  • Trash Expense: 800
  • AdvertisingExpense: 0

Schools

  • High School: United Township

Lot Info

  • Lot Size: 140 X 120
  • Parcel #: 06-10-430-023

Rental Info

  • Lease Term: Month To Month

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6507.44
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 38760
  • Annual Operating Expense: 8100

Range of Values:

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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
08/01/2023 08/01/23 Sold $274,000 +3.4% $89 / Sq Ft
06/26/2023 06/26/23 Pending -- -- --
06/21/2023 06/21/23 For Sale $265,000 +25.0% $86 / Sq Ft
09/23/2019 09/23/19 Sold $212,000 -1.4% $69 / Sq Ft
08/14/2019 08/14/19 Pending -- -- --
07/29/2019 07/29/19 For Sale $215,000 -- $70 / Sq Ft
Source: RMLS Alliance

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 $3,596 $42,922 $4,547 $38,375
2022 $3,281 $39,020 $4,134 $34,886
2021 $3,683 $42,575 $8,373 $34,202
2020 $3,505 $40,425 $7,950 $32,475
2019 $3,510 $40,724 $8,009 $32,715
2018 $3,450 $40,481 $7,961 $32,520
2017 $3,422 $40,889 $8,041 $32,848
2016 $3,359 $40,364 $7,938 $32,426
2015 $2,713 $39,495 $7,767 $31,728
2013 $2,713 $38,645 $7,600 $31,045
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4243858

RMLS Alliance

APN: 06-10-201-028