$325,000
SOLD MAR 19, 2025

301 N Minier Ave Minier, IL 61759

8 Beds
4 Baths
-- Sq Ft
10,629 Sq Ft Lot

Recently Sold

17% Below List Price

283 Days on Market

About This Home

As of March 2025

If you're looking for the perfect investment property then this FULLY RENTED incredibly well-maintained all brick building with 4 units is the one! Each 2 bedroom and 1 bath apartment is about 1,000 square feet making the perfect size for a variety of tenants. What truly sets this building apart is its welcoming common areas. From the moment you step inside, you'll feel right at home. The common areas are spacious and well-lit, creating a warm and inviting atmosphere for both residents and guests. You will also be delighted by the huge nicely landscaped yard. The corner location and the 5 car garage insures that tenants have ample parking plus plenty of off street parking for guests! Common laundry provided for tenants. Great rental history, vacancies are rare. Add to your income portfolio by purchasing 4 more units with it at 301 N. Main Ave. (MLS#12016137)

Last Agent to Sell the Property

Kendra Keck

BHHS Central Illinois, REALTORS License #475190487 Listed on: 04/02/2024

BHHS Central Illinois, REALTORS

Co-Listed By

Melissa Dittbenner

BHHS Central Illinois, REALTORS License #475175689

Last Buyer's Agent

JJ Devore

Century 21 Quest License #471017741

Century 21 Quest

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,396

Parking

  • 5 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Schools

  • Olympia Elementary School
  • Olympia Jr High Middle School
  • Olympia High School

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Additional Features

  • English Basement
  • Lot Dimensions are 75 x 142

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $1,380
  • Maintenance Expense $2,400
  • Net Operating Income $31,766

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,396

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Other
  • New Construction: No
  • Subdivision Name: Not Applicable
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: English
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Garage/Space,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Garage/Space,Central Air Conditioner
  • AppliancesAndFeatures: Stove,Refrigerator,Garage/Space,Central Air Conditioner
  • Room: 4

Exterior Features

  • List Price: 359500
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 5
  • ParkingTotal: 5
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Steam
  • Water Source: Public

Condo/Co-op/Association

  • Conversion YN: Y

Fee Information

  • Other Expenses $: 6000

Schools

  • Elementary School: Olympia Elementary
  • High School: Olympia High School
  • Middle/Junior School: Olympia Jr High School
  • Middle/Junior School District: 16

Lot Info

  • Lot Dimensions: 75 X 142
  • Zoning: SINGL
  • Lot Size: .25-.49 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 23
  • TenantPays: Electric,Gas,Water

Multi Family

  • Net Operating Income: 31766
  • Insurance Expense: 1380
  • Maintenance Expense: 2400
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 6395.74
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2024
Closed on
Mar 19, 2025
Sold by
Ritsema Jeffrey Ben and Ritsema Rene L
Bought by
Green Illinois Management Llc
Seller's Agent
Kendra Keck
BHHS Central Illinois, REALTORS
Buyer's Agent
JJ Devore
Century 21 Quest
List Price
$389,500
Sold Price
$325,000
Premium/Discount to List
-$64,500
-16.56%
Total Days on Market
283
Views
77
Current Estimated Value
$348,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,111
Avg. Annual Appreciation
31.62%
Original Mortgage
$487,500
Outstanding Balance
$473,803
Interest Rate
6.89%
Mortgage Type
Seller Take Back
Estimated Equity
-$125,692

Purchase Details

Closed on
May 12, 2013
Sold by
Ritsema Jeffrey Ben and Ritsema Rene L C
Bought by
Ritsema Jeffrey Ben and Ritsema Renee L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.12%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $650,000 Alliance Land Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $487,500 Seller Take Back
Previous Owner $160,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2025 03/19/25 Sold $325,000 +34846.2% --
01/12/2025 01/12/25 Pending -- -- --
10/12/2024 10/12/24 For Rent $930 0.0% --
10/08/2024 10/08/24 Off Market $930 -- --
09/30/2024 09/30/24 Price Changed $359,500 -5.3% --
06/03/2024 06/03/24 Price Changed $379,500 -2.6% --
04/03/2024 04/03/24 For Sale $389,500 -- --
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 $6,396 $83,970 $6,580 $77,390
2023 $6,396 $76,280 $5,980 $70,300
2022 $5,836 $69,320 $5,430 $63,890
2021 $5,625 $66,650 $5,220 $61,430
2020 $5,539 $66,650 $5,220 $61,430
2019 $5,519 $66,650 $5,220 $61,430
2018 $5,499 $66,650 $5,220 $61,430
2017 $5,449 $66,650 $5,220 $61,430
2016 $5,379 $66,650 $5,220 $61,430
2015 $4,849 $0 $0 $0
2013 $5,274 $66,650 $5,220 $61,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12016118

Midwest Real Estate Data (MRED)

APN: 19-19-22-112-009