NOT LISTED FOR SALE

303 12th St Mendota, IL 61342

24 Beds
13 Baths
-- Sq Ft
1.5 Acres

Last Sold March 01, 2018

Last sale price $100,000

257 Days on Market

About This Home

As of March 2018

Great income opportunity. Mobile home park with 11 owned units on site, with 9 rentable and 2 used for storage. Also includes 2-3 bedroom brick home with 2 car attached garage, and 3 unit apartment building. Home has new GFA furnace, new water heater, circuit breakers. Needs some upkeep, but great potential for a steady income stream. This property is grandfathered, but mobile homes might not be able to be replaced once removed.

Last Agent to Sell the Property

Kathy Bright

Kettley & Co. Inc. - Yorkville License #475096195 Listed on: 05/12/2017

Last Buyer's Agent

Carl Patterson

Fathom Realty IL LLC License #475146615

Fathom Realty IL LLC

Property Details

Home Type

  • Multi-Family

Lot Details

  • 1.5

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Block Foundation

Additional Features

  • Unfinished Basement

Community Details

  • Fuel Expense $1,200
  • Insurance Expense $1,600

Listing and Financial Details

  • Tenant pays for varies by tenant

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Current Use: Residential-Multi-Family
  • Ownership Type: Individual
  • Utilities To Site: Sanitary Sewer to Site, Water-Municipal
  • Zoning Type: MANUF
  • Estimated Age: Older
  • Net Operating Income Year: 2016
  • Net Oper Income: 35500
  • Outdoor Parking: 19-30 Spaces
  • Scavenger Expense: 1500
  • Total Annual Exp: 10100
  • Total Annual Income: 45600
  • Total Monthly Income: 3800
  • Number Of Stories: 2
  • Estimated Year Built: 0000
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Unfinished

Exterior Features

  • Foundation: Block, Brick
  • Exterior Building Type: Brick
  • Acreage: 1.5
  • Construction: Brick, Concrete Block
  • Frontage Access: US Highway

Garage/Parking

  • Indoor Parking: 1-5 Spaces
  • Number Of Parking Spaces: 20

Utilities

  • Heatventilation: Forced Air, Gas, Hot Water
  • Water Expense: 3800

Condo/Co-op/Association

  • Units in Building: 13

Fee Information

  • Electricity Expense: 2000

Lot Info

  • Lot Dimensions: 1.5 ACRES
  • Parcel Identification Number: 0133202011

Rental Info

  • Gross Rental Income: 3800
  • Tenant Pays: Varies by Tenant

Multi Family

  • Expense Year: 2016
  • Fuel Expense: 1200
  • Insurance Expense: 1600

Tax Info

  • Taxes: 5976

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2018 03/01/18 Sold $100,000 -28.6% --
01/24/2018 01/24/18 Pending -- -- --
11/20/2017 11/20/17 Price Changed $140,000 -6.7% --
09/27/2017 09/27/17 Price Changed $150,000 -9.1% --
07/17/2017 07/17/17 For Sale $165,000 0.0% --
07/17/2017 07/17/17 Price Changed $165,000 +65.0% --
05/22/2017 05/22/17 Off Market $100,000 -- --
05/12/2017 05/12/17 For Sale $225,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09624959

Midwest Real Estate Data (MRED)