NOT LISTED FOR SALE

304 E Lincolnway Morrison, IL 61270

Morrison Area

Estimated Value: $119,684 - $154,000

5 Beds
5 Baths
-- Sq Ft
0.5 Acre Lot

Sale Details

Date Sold: December 16, 2019

Last sale price $84,000 $0 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,001 / mo

97 Days on Market

About This Home

As of December 2019

SO MUCH POTENTIAL! This 5 unit apartment house sits on a spacious 1/2 acre lot with a 5 stall garage. Beautiful Red Italian and White and Black Marple fireplaces. Some plaster friezes around ceiling lights. Each unit is 1 bedroom and metered separately for electricity. The original staircase is still intact if you would like to restore back to a single family home, one level at a time. Located along Historic Lincoln highway.

Last Agent to Sell the Property

Barbara Kophamer

RE/MAX Sauk Valley License #471001500 Listed on: 03/13/2019

RE/MAX Sauk Valley

Last Buyer's Agent

Barbara Kophamer

RE/MAX Sauk Valley License #471001500 Listed on: 03/13/2019

RE/MAX Sauk Valley

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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Property Details

Home Type

  • Multi-Family

Year Built

  • 1872

Lot Details

  • 0.5

Home Design

  • Brick Exterior Construction
  • Stucco Exterior

Community Details

  • Fuel Expense $2,268
  • Insurance Expense $1,500

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Year Built

1872

Lot Details

0.5 Acres

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Individual
  • Potential Use: Residential-Multi-Family
  • Utilities To Site: Water-Municipal
  • Estimated Age: Older
  • Net Operating Income Year: 2018
  • Net Oper Income: 15992
  • Outdoor Parking: 6-12 Spaces
  • Repairs Decor Expense: 1000
  • Roof Coverings: Shingle Composition
  • Total Annual Exp: 9008
  • Total Annual Income: 25000
  • Total Monthly Income: 2075
  • Number of Ranges: 5
  • Number Of Refrigs: 5
  • Number Of Stories: 2
  • Estimated Year Built: 1872
  • Type Multi Family: Corridor-Interior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1872

Interior Features

  • Total Fireplaces: 2

Exterior Features

  • Exterior Building Type: Brick, Stucco
  • Acreage: 0.5
  • Frontage Access: US Highway

Garage/Parking

  • Indoor Parking: 1-5 Spaces
  • Number Of Parking Spaces: 6

Utilities

  • Heatventilation: Central Bldg Heat, Hot Water, Radiators
  • Water Expense: 4000

Condo/Co-op/Association

  • Units in Building: 5

Fee Information

  • Electricity Expense: 240

Lot Info

  • Lot Dimensions: 128X150X60X54X66X246
  • Lot Sq Ft: 21780
  • Land Amenities: Sidewalks
  • Parcel Identification Number: 09181320080000

Rental Info

  • Gross Rental Income: 25000
  • Tenant Pays: Electric

Multi Family

  • Fuel Expense: 2268
  • Gross Rent Multiplier: 4
  • Insurance Expense: 1500

Tax Info

  • Taxes: 2954.46

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Morrison, IL

  • Niki Greenwood Real Estate Agent - Epique Realty

    Niki Greenwood

    Epique Realty

    (309) 865-5335

    99 Total Sales

    1 in Morrison

    $25,000 Price

    Niki Greenwood
     Section Image
  • Amy Barnes Real Estate Agent - BARNES REALTY, INC.

    Amy Barnes

    BARNES REALTY, INC.

    (815) 908-5474

    252 Total Sales

    1 in Morrison

    $144,900 Price

    Amy Barnes
     Section Image
  • Patty Martinez Real Estate Agent - Patty Martinez Managing Broker

    Patty Martinez

    Patty Martinez Managing Broker

    (815) 800-0848

    36 Total Sales

    2 in Morrison

    $93K - $110K Price Range

    Patty Martinez
     Section Image
  • Jim Dix Real Estate Agent - Remax Advantage

    Jim Dix

    Remax Advantage

    (563) 239-3426

    109 Total Sales

    1 in Morrison

    $190,000 Price

    Jim Dix
     Section Image
  • JD Gieson Real Estate Agent - RE/MAX of Rock Valley

    JD Gieson

    Responds Quickly

    RE/MAX of Rock Valley

    (815) 456-8596

    490 Total Sales

    9 in Morrison

    $63K - $265K Price Range

    JD Gieson
     Section Image
  • Lisa Deines Real Estate Agent - Ruhl&Ruhl REALTORS Davenport

    Lisa Deines

    Ruhl&Ruhl REALTORS Davenport

    (309) 328-8017

    120 Total Sales

    2 in Morrison

    $325,000 Price Range

    Lisa Deines
     Section Image
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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/16/2019 12/16/19 Sold $84,000 -15.9% --
06/18/2019 06/18/19 Pending -- -- --
03/13/2019 03/13/19 For Sale $99,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,605 $36,947 $4,394 $32,553
2024 $2,258 $33,683 $4,006 $29,677
2023 $2,060 $30,665 $3,647 $27,018
2022 $1,899 $28,478 $3,387 $25,091
2021 $1,839 $27,887 $3,317 $24,570
2020 $1,883 $28,416 $3,380 $25,036
2019 $0 $33,523 $7,600 $25,923
Source: Public Records

Agents Affiliated with this Home

  • Barbara Kophamer Real Estate Agent - RE/MAX

    Seller's Agent in 2019

    Barbara Kophamer

    RE/MAX

    (815) 200-5037

    220 Total Sales

    Barbara Kophamer
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10306167

Midwest Real Estate Data (MRED)

APN: 0918132011

Illinois Whiteside County Morrison 61270

304 E Lincolnway, Morrison, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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