305 S Prairie Ave Polo, IL 61064
Polo-Buffalo Grove NeighborhoodEstimated payment $2,175/month
Total Views
7,562
7
Beds
4
Baths
--
Sq Ft
--
Price per Sq Ft
About This Home
Prime 4-Unit Investment Property in Polo - Strong Rental History! This well-kept 4-family building in Polo is a smart addition to any investment portfolio. With an excellent rental history and strong tenant appeal, this property is ideally located near schools, downtown, and the popular Polo pool-making it a convenient and desirable place to live. The property features: Three 2-bedroom units, One 1-bedroom unit, Private garage space for each unit and On-site coin-operated laundry for tenant convenience. With stable tenants and consistent income, this property is a turnkey opportunity for both new and seasoned investors. Bundle Opportunity: Purchase individually or bundle with 107 S Franklin and 701 W Oregon, Polo for a discounted portfolio deal! Contact me today for more details, financials, or to set up a private showing!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,244
Year Built
- Built in 1996
Lot Details
- 0.28 Acre Lot
- Lot Dimensions are 100x130
Parking
- 4 Car Garage
- Driveway
- Parking Included in Price
Home Design
- Asphalt Roof
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- 4 Bathrooms
Additional Features
- Basement Fills Entire Space Under The House
- Heating Available
Community Details
- 4 Units
Map
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Home Values in the Area
Average Home Value in this Area
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 | $6,245 | $66,439 | $10,274 | $56,165 |
| 2023 | $5,809 | $66,439 | $10,274 | $56,165 |
| 2022 | $5,535 | $61,769 | $9,552 | $52,217 |
| 2021 | $5,251 | $56,472 | $8,733 | $47,739 |
| 2020 | $4,889 | $51,106 | $7,903 | $43,203 |
| 2019 | $4,803 | $50,104 | $7,748 | $42,356 |
| 2018 | $4,784 | $50,104 | $7,748 | $42,356 |
| 2017 | $4,734 | $49,466 | $7,649 | $41,817 |
| 2016 | $4,583 | $47,142 | $7,290 | $39,852 |
| 2015 | $4,538 | $48,500 | $7,500 | $41,000 |
| 2014 | $4,803 | $49,500 | $7,500 | $42,000 |
| 2013 | $4,946 | $53,320 | $7,882 | $45,438 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/23/2025 05/23/25 | For Sale | $299,000 | +113.6% | $88 / Sq Ft |
| 12/22/2014 12/22/14 | Sold | $140,000 | -6.7% | $41 / Sq Ft |
| 11/22/2014 11/22/14 | Pending | -- | -- | -- |
| 10/29/2014 10/29/14 | For Sale | $150,000 | -- | $44 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $95,000 | New Conventional |
Source: Public Records
Similar Homes in Polo, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12373648
APN: 14-16-261-002
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