NOT LISTED FOR SALE

304 N Beech St Forrest, IL 61741

Estimated Value: $123,381 - $159,000

7 Beds
5 Baths
-- Sq Ft
7,841 Sq Ft Lot

Last Sold February 28, 2020

Last sale price $85,000

Est. 70% increase in value since last sale

Current estimated payment $1,052/month

50 Days on Market

About This Home

As of February 2020

Looking for an investment that will give you 15% return on your money. Give us a call today on this 5 unit apartment building on a corner location in Forrest. Each unit has its own range and refrigerator. Utility room with washer and dryer accessible to all the tenants. Two car detached garage.

Last Listed By

Joe Keeley

Keeley Real Estate License #471001314 Listed on: 12/19/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,398

Year Built

  • 1890

Lot Details

  • 7,841

Utilities

  • Window Unit Cooling System

Community Details

  • Fuel Expense $972
  • Insurance Expense $1,307

Listing and Financial Details

  • Tenant pays for electric, heat

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,398

Year Built

1890

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Oper Income: 16685
  • Repairs Decor Expense: 400
  • Scavenger Expense: 1566
  • Total Annual Exp: 7015
  • Total Annual Income: 23700
  • Total Monthly Income: 1975
  • Number of Ranges: 5
  • Number Of Refrigs: 5
  • Number Of Stories: 2
  • Estimated Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1890

Exterior Features

  • Acreage: 0.18

Garage/Parking

  • Number Of Parking Spaces: 5

Utilities

  • Air Conditioner: Window Unit/s
  • Heatventilation: Electric, Gas
  • Water Expense: 1566

Condo/Co-op/Association

  • Units in Building: 5

Fee Information

  • Electricity Expense: 972
  • Janitor Expense: 1707

Lot Info

  • Lot Dimensions: 60X132
  • Parcel Identification Number: 26260330401100

Rental Info

  • Gross Rental Income: 23700
  • Tenant Pays: Electric, Heat

Multi Family

  • Fuel Expense: 972
  • Insurance Expense: 1307

Tax Info

  • Taxes: 2903

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2019
Closed on
Feb 28, 2020
Sold by
Cheli John and Cheli Zhanna
Bought by
Edelman Ruston L and Edelman Carlyn
Seller's Agent
Joe Keeley
Keeley Real Estate
Buyer's Agent
Joe Keeley
Keeley Real Estate
List Price
$110,000
Sold Price
$85,000
Premium/Discount to List
-$25,000
-22.73%
Total Days on Market
50
Current Estimated Value
$144,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,794
Avg. Annual Appreciation
10.81%
Original Mortgage
$85,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2009
Sold by
Wahls Marie and Yoder John
Bought by
Cheli John and Cheli Zhanna

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Edelman Ruston L $85,000 None Available
Cheli John $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Edelman Ruston $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $85,000 -22.7% --
02/07/2020 02/07/20 Pending -- -- --
12/19/2019 12/19/19 For Sale $110,000 -- --
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
2023 $3,398 $35,995 $2,040 $33,955
2022 $2,914 $29,853 $1,789 $28,064
2021 $2,803 $28,057 $1,681 $26,376
2020 $2,821 $28,057 $1,681 $26,376
2019 -- $39,141 $1,733 $37,408
2018 -- $28,634 $1,666 $26,968
2017 -- $27,271 $1,587 $25,684
2016 $2,791 $27,271 $1,587 $25,684
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10595283

Midwest Real Estate Data (MRED)

APN: 26-26-03-304-011