NOT LISTED FOR SALE

307 E Howard St Pontiac, IL 61764

Pontiac Area

Estimated Value: $115,759

2 Beds
4 Baths
3,275 Sq Ft
$35/Sq Ft Est. Value

Sale Details

Date Sold: September 18, 2023

Last sale price $80,000 $24 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $870 / mo

36 Days on Market

About This Home

As of September 2023

4 unit investment property with value add potential. Downstairs you'll find a vacant studio with a large kitchen & dining space, and a bathroom ready for updates. Across the hall is a 1 bedroom unit with roughed in plumbing for a kitchen & bathroom. Upstairs is a 1 bedroom that's rented for $550/month until August 2024 and another studio that's rented MTM for $500. Utilities not separated, owner pays all. Avg. utilities cost with building half rented is approx. $415/month. Finish the downstairs one bedroom and rent it and the vacant studio to increase the income on this property. Lower rents and unfinished attic space provide further value add opportunity.

Last Agent to Sell the Property

Morgan Basham

Kale Realty License #475203895 Listed on: 07/16/2023

Kale Realty

Last Buyer's Agent

LeAmber Kasprzycki

Keller Williams Revolution License #475207441

Keller Williams Revolution
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,808

Year Built

  • Built in 1908

Lot Details

  • 7,187

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Off-Street Parking
  • Parking Space is Owned

Schools

  • Pontiac High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Crawl Space
  • Lot Dimensions are 60 x 120

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $2,280
  • Trash Expense $840
  • Water Sewer Expense $540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,808

Year Built

Built in 1908

Lot Details

7,187 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1908
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 2
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Off Street, Driveway
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Conversion YN: Y

Fee Information

  • Trash Expense: 840
  • Water Sewer Expenses: 540

Schools

  • High School: Pontiac High School

Lot Info

  • Lot Dimensions: 60 X 120
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17

Multi Family

  • ElectricExpense: 2280
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 2808.38
  • Tax Year: 2022
  • Tax Exemptions: None

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
09/18/2023 09/18/23 Sold $80,000 -10.1% $24 / Sq Ft
08/22/2023 08/22/23 Pending -- -- --
08/15/2023 08/15/23 Price Changed $89,000 -22.6% $27 / Sq Ft
07/16/2023 07/16/23 For Sale $115,000 -- $35 / Sq Ft
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 $2,773 $31,643 $5,263 $26,380
2024 $2,573 $27,830 $4,629 $23,201
2023 $2,507 $26,033 $4,330 $21,703
2022 $2,808 $27,926 $4,330 $23,596
2021 $2,731 $26,851 $4,163 $22,688
2020 $2,707 $26,044 $4,038 $22,006
2019 $2,646 $24,903 $3,861 $21,042
2018 $3,069 $29,094 $3,900 $25,194
2017 $3,058 $29,065 $3,896 $25,169
2016 $3,071 $29,418 $3,943 $25,475
2015 $3,102 $29,418 $3,943 $25,475
2013 $2,865 $28,572 $4,225 $24,347
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11832827

Midwest Real Estate Data (MRED)

APN: 15-15-22-292-006

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