NOT LISTED FOR SALE

306 N Church St Green Valley, IL 61534

Estimated Value: $98,000 - $212,000

8 Beds
3 Baths
2,400 Sq Ft
$61/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $75,000 $31 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $979/month

8 Days on Market

About This Home

As of October 2021

Attention Investors! Don't miss this opportunity to own a 3 unit apartment complex with 2-3bedroom units and 1-2 bedroom unit. Each unit has washer/dryer hook ups available. Midwest Central School District. Several updates in recent years including: New flooring and paint in Unit 2, just this year. New furnaces installed in Units 1 & 2 in 2020. Furnace in Unit 3 is approximately 5 years old. New metal roof in 2017. Don't let this opportunity to own an affordable set of apartments pass you by!

Last Agent to Sell the Property

Kerry Bryant

RE/MAX Traders Unlimited License #471020272 Listed on: 09/07/2021

Last Buyer's Agent

Jared Litwiller

Freedom Realty License #475155972

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,312

Year Built

  • Built in 1945

Lot Details

  • 6,534

Schools

  • Midwest Central High School

Listing and Financial Details

  • Tenant pays for gas & electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,312

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Conversion
  • Legal Description: SEC 26 T23N R5W SCHUREMAN'S PLOT S 80 OF THE N 160 OF LOT 12 SW 1/4 .15 AC
  • Lvt Date: 09/09/2021
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Ranges: 1
  • Number Refrigerators: 1
  • Basement: Slab
  • Price Per Sq Ft: 31.25
  • Total Sq Ft: 2400

Exterior Features

  • Exterior: Aluminum Siding
  • Road Access: Paved
  • Roofing: Metal

Garage/Parking

  • Garage Parking: Attached
  • Number Parking Spaces: 6

Utilities

  • Heating Cooling: Forced Air, Gas, No Cooling, Water Heater - Gas
  • Water Sewer: Public Sewer, Public Water
  • Garbage Collection Exp: 546
  • Laundry Facilities: Units Hook-Ups
  • Water Sewer Expenses: 2100

Schools

  • High School: Midwest Central
  • High School: Midwest Central

Lot Info

  • Estimated Lot Size: 80 x 245
  • Lot Description: Level
  • Subdivision: Schureman
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Rental Info

  • Tenant Pays: Gas & Electric
  • Gross Annual Rent Income: 21240
  • Lease Information: Various Terms

Tax Info

  • Annual Taxes: 2312.44
  • Parcel Id Number Tax Id: 16-16-26-301-006
  • Tax Year: 2020

Multi Family

  • Total Number Units: 3
  • Gross Annual Income: 22020
  • Total Number Electric Meters: 3
  • Total Number Gas Meters: 3
  • Total Number Heating Units: 3
  • Total Number Water Heaters: 3
  • Total Number Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2021
Closed on
Oct 15, 2021
Sold by
Williams Charles R and Williams Jane Rhonda
Bought by
Litwiller Rentals Llc
Seller's Agent
Kerry Bryant
RE/MAX Traders Unlimited
Buyer's Agent
Jared Litwiller
Freedom Realty
List Price
$89,900
Sold Price
$75,000
Premium/Discount to List
-$14,900
-16.57%
Current Estimated Value
$142,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,667
Avg. Annual Appreciation
19.57%
Original Mortgage
$75,000
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving
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 Buyer Sale Price Title Company
Litwiller Rentals Llc $75,000 Hometown Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Litwiller Rentals Llc $460,750
Closed Litwiller Rentals Llc $368,600
Closed Litwiller Rentals Llc $75,000
Previous Owner Williams Rhonda J $61,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $75,000 -16.6% $31 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
09/07/2021 09/07/21 For Sale $89,900 -- $37 / Sq Ft
Source: RMLS Alliance

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 $2,661 $39,670 $3,190 $36,480
2023 $2,661 $36,040 $2,900 $33,140
2022 $2,437 $32,730 $2,630 $30,100
2021 $2,361 $31,470 $2,530 $28,940
2020 $2,312 $30,260 $2,430 $27,830
2019 $2,302 $30,260 $2,430 $27,830
2018 $2,303 $30,260 $2,430 $27,830
2017 $2,280 $29,960 $2,410 $27,550
2016 $2,379 $29,960 $2,410 $27,550
2015 $2,269 $0 $0 $0
2013 $2,253 $29,670 $2,390 $27,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: PA1228622

RMLS Alliance

APN: 16-16-26-301-006