NOT LISTED FOR SALE

308 SW 4th St Aledo, IL 61231

Estimated Value: $88,734 - $134,000

Studio
-- Bath
28,170 Sq Ft
$4/Sq Ft Est. Value

Last Sold July 15, 2024

Last sale price $705,000 $25 Per Sq Ft

Current estimated payment $728/month

172 Days on Market

Highlights

  • 1.54 Acre Lot
  • Tile Flooring
  • Forced Air Heating System

About This Home

As of July 2024

Former hospital, currently a 17 unit apartment complex for sale. Completely occupied this 3 level building in the heart of Aledo, IL would make for a great value add to any investors portfolio. Many capital expenditures done with current ownership, including reworked electric and new roof in 2023.

Last Agent to Sell the Property

Alix Holliday

Hawkeye Commercial Real Estate License #S67568000/475.187949 Listed on: 11/20/2023

Last Buyer's Agent

Alix Holliday

Hawkeye Commercial Real Estate License #S67568000/475.187949 Listed on: 11/20/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,003

Lot Details

  • 1.54 Acre Lot

Home Design

  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 28,170 Sq Ft Home
  • Block Basement Construction

Flooring

  • Concrete
  • Tile

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 17 Units

Listing and Financial Details

  • Tenant pays for heat
  • The owner pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,003

Lot Details

1.54 Acres

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Ownership Type: LLC
  • Sale Price Includes: Building,Inventory,Land
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Concrete
  • Flooring: Concrete, Tile
  • OwnerPays: All Utilities
  • Possible Use: Multi-Family

Exterior Features

  • Construction Materials: Brick, Frame
  • Frontage Type: City Street

Utilities

  • Water Source: Municipal Water
  • Heat/Ventilation: Forced Air,Gas

Lot Info

  • Lot Size Acres: 1.54
  • Lot Size Sq Ft: 67200
  • Zoning: C
  • Property Offered: For Sale Only

Rental Info

  • Tenant Pays: Heat
  • Board Number: 30

Building Info

  • BuildingAreaTotal: 28170

Multi Family

  • NumberOfUnitsTotal: 17

Tax Info

  • Tax Annual Amount: 10003

Range of Values:

--
Value Increase
--
Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2024 07/15/24 Sold $705,000 -17.1% $25 / Sq Ft
05/10/2024 05/10/24 Pending -- -- --
11/20/2023 11/20/23 For Sale $850,000 -- $30 / Sq Ft
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 $1,712 $27,625 $4,605 $23,020
2023 $1,712 $25,140 $4,190 $20,950
2022 $1,433 $24,820 $4,135 $20,685
2021 $1,715 $22,440 $3,740 $18,700
2020 $2,106 $21,460 $6,295 $15,165
2019 $2,022 $20,300 $5,955 $14,345
2018 $1,954 $20,860 $6,120 $14,740
2017 $1,922 $19,735 $5,790 $13,945
2016 $1,809 $18,445 $5,410 $13,035
2015 $1,808 $18,650 $5,470 $13,180
2014 $1,769 $18,745 $5,100 $13,645
2013 $1,859 $19,775 $5,380 $14,395
2010 $1,887 $20,575 $5,600 $14,975
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: QC4248321

Midwest Real Estate Data (MRED)

APN: 10-10-20-118-002

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