NOT LISTED FOR SALE

307 Jackson St Genoa, IL 60135

Estimated Value: $245,000 - $364,146

5 Beds
4 Baths
-- Sq Ft
9,148 Sq Ft Lot

Last Sold September 03, 2021

Last sale price $314,300

Est. 3% decrease in value since last sale

Current estimated payment $2,122/month

73 Days on Market

Highlights

  • Contemporary Architecture
  • 4 Car Detached Garage
  • Water Softener is Owned
  • Balcony
  • Patio
  • Forced Air Heating System

About This Home

As of September 2021

WONDERFUL TURN-KEY 4-UNIT! 2 UPPER AND 2 LOWER UNITS MAKE THIS AN IDEAL INVESTMENT PROPERTY!! EACH UNIT HAS ACCESS TO 1 CAR IN THE HEATED GARAGE AND 1 CAR IN THE FRONT PULL OFF. UNIT 1: Main floor 1 bedroom with tray ceiling, open kitchen/living room layout - 1 large bedroom and smaller utility room for storage. private W/D and access to the covered patio. UNIT 2: Upper unit and the larges of the 4 in the building. Open LR-Kit-DR with a gas Fireplace and large bedroom with 2 storage closets. Access to the back deck/balcony and shared Laundry Room with the other upper unit. UNIT 3; Main floor 1 bedroom with bonus room, open kit/lv and access to the covered patio. UNIT 4: Upper 2 bedrooms, open kit/lr and hardwood floors. Move in Condition!! GREAT INVESTMENT PROPERTY!! ALL TENANTS WANT TO STAY. 3 OF THE 4 MONTH TO MONTH....LARGEST UNIT EXPIRES 10/2021.

Last Agent to Sell the Property

Rorry Skora

RE/MAX Experience Listed on: 02/07/2021

Last Buyer's Agent

Cori Michael

Nest Equity Realty License #471020969

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,919

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 75x168.86x15x54.64x60x114

Parking

  • 4 Car Detached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Contemporary Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Softener is Owned

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $3,336
  • Fuel Expense $1,717
  • Insurance Expense $1,860
  • Maintenance Expense $380
  • Water Sewer Expense $2,278
  • Gross Income $38,160
  • Net Operating Income $22,289

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,919

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Contemporary
  • New Construction: No
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • MRD_AP1: Stove,Refrigerator,Washer,Dryer,Dishwasher
  • MRD_AP2: Stove,Refrigerator,Washer,Dryer,Dishwasher
  • MRD_AP3: Stove,Refrigerator,Washer,Dryer,Dishwasher
  • MRD_AP4: Stove,Refrigerator,Washer,Dryer,Dishwasher
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Other Equipment: Water-Softener Owned
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Balcony, Patio
  • Foundation Details: Concrete Perimeter
  • OtherStructures: Garage(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick,Block

Garage/Parking

  • Garage Spaces: 4
  • Number of Cars: 4
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Conversion YN: Y

Fee Information

  • Water Sewer Expenses: 2278

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.21
  • Lot Dimensions: 75X168.86X15X54.64X60X114
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 22289
  • Fuel Expense: 1717
  • Insurance Expense: 1860
  • ElectricExpense: 3336
  • GrossIncome: 38160
  • Maintenance Expense: 380
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 5918.8
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2021
Closed on
Jul 30, 2021
Sold by
Bolander Glenn W and Glenn W Bolander Living Trust
Bought by
Bell Michael and Bell Rhae
Seller's Agent
Rorry Skora
RE/MAX Experience
Buyer's Agent
Cori Michael
Nest Equity Realty
Sold Price
$314,300
Current Estimated Value
$306,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,013
Avg. Annual Appreciation
-0.59%

Purchase Details

Closed on
Nov 11, 2014
Sold by
Bolander Glenn W
Bought by
Bolander Trust

Purchase Details

Closed on
May 31, 2006
Sold by
Gieseke Jerry D
Bought by
Bolander Glenn W and Bolander Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.62%
Mortgage Type
New Conventional
Source: Public Records

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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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
Bell Michael $314,500 Greater Illinois Title
Bolander Trust -- --
Bolander Glenn W $317,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bolander Glenn W $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2021 09/03/21 Sold $314,300 0.0% --
08/31/2021 08/31/21 Off Market $314,300 -- --
04/21/2021 04/21/21 For Sale -- -- --
04/19/2021 04/19/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $324,900 -- --
Source: Midwest Real Estate Data (MRED)

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 $6,362 $72,131 $12,335 $59,796
2023 $6,411 $67,086 $11,472 $55,614
2022 $6,411 $64,880 $11,095 $53,785
2021 $6,061 $61,387 $10,498 $50,889
2020 $6,096 $60,743 $10,388 $50,355
2019 $5,919 $57,170 $9,777 $47,393
2018 $5,755 $54,578 $9,334 $45,244
2017 $5,641 $52,433 $8,967 $43,466
2016 $5,693 $52,312 $8,946 $43,366
2015 -- $51,056 $8,731 $42,325
2014 -- $50,183 $8,582 $41,601
2013 -- $50,108 $8,569 $41,539
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10989406

Midwest Real Estate Data (MRED)

APN: 03-19-457-007