$145,000
SOLD MAY 16, 2025

308 W Adams St Macomb, IL 61455

9 Beds
-- Bath
3,024 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$48 Per Sq Ft

46 Days on Market

Highlights

  • Storage
  • Forced Air Heating and Cooling System
  • Level Lot
  • Two Heating Systems

About This Home

As of May 2025

Investment Opportunity with many updates...close to WIU, Downtown Macomb Square, train depot, restaurants, shopping. This very well-maintained property has 3 apartments; each with 3 bedrooms, 1 bath and a spacious layout. Unit 1 is conveniently on the main level and rents for $750/mo. Unit 2 is a unique 2-story floorplan with kitchen and living room on the main level and bedrooms and bathroom upstairs and rents for $750/mo. Unit 3 is located on the second level with a private entry and rents for $800/mo. Shared common laundry in walkout basement with additional storage. All units are currently rented and tenant occupied, leased until Dec 2025. Tenants Rights and 24-Hour Notice Required for all showings.

Last Agent to Sell the Property

Todd Gilliland

TNT Realty Group, Inc. License #475191100 Listed on: 02/05/2025

Last Buyer's Agent

Bradley Hix

CENTURY 21 Tucker Swanson License #475181764

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,602

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 60x168
  • Level Lot

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 9 Bedrooms
  • 3,024 Sq Ft Home
  • Storage
  • Unfinished Basement
  • Partial Basement

Parking

  • 9 Parking Spaces
  • Alley Access

Schools

  • Macomb High School

Utilities

  • Forced Air Heating and Cooling System
  • Two Heating Systems
  • Gas Water Heater

Community Details

  • Trash Expense $700

Listing and Financial Details

  • Assessor Parcel Number 11-100-346-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,602

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1940
  • New Construction: No
  • Structure Type: Triplex
  • PricePerSqFt: 47.95
  • Special Features: None

Interior Features

  • Basement: Partial, Unfinished
  • Total Bedrooms: 9
  • Interior Amenities: Storage

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Vinyl Siding
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Alley Access, Guest, Oversized
  • Total Parking Spaces: 9

Utilities

  • Cooling: Zoned, Central Air
  • Heating: Heating Systems - 2+, Forced Air, Natural Gas, Gas Water Heater
  • Electric Expense: 600
  • Water Sewer Expenses: 1200
  • Laundry Features: Common Area
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 3
  • NumberOfHeatingUnits: 2
  • NumberOfCentralAirUnits: 3
  • NumberOfGasMeters: 4
  • NumberOfElectricMeters: 4
  • NumberofWaterMeters: 1
  • NumberOfRanges: 3
  • NumberofRefrigerators: 3
  • NumberOfWashers: 2
  • NumberOfDryers: 2
  • NumberOfDishwashers: 0
  • NumberOfWindowUnits: 0

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Trash Expense: 700
  • AdvertisingExpense: 0

Schools

  • High School: Macomb

Lot Info

  • Zoning: Residential
  • Lot Size: 60x168
  • Parcel #: 11-100-346-00

Rental Info

  • Lease Term: One Year or Less

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2805.36
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 27600
  • Annual Operating Expense: 4500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2025
Closed on
Apr 29, 2025
Sold by
Mccormick David Curtis
Bought by
Mehnert Steffen
Seller's Agent
Todd Gilliland
TNT Realty Group, Inc.
Buyer's Agent
Bradley Hix
CENTURY 21 Tucker Swanson
List Price
$145,000
Sold Price
$145,000
Total Days on Market
46
Views
71

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-46.59%
Original Mortgage
$108,750
Outstanding Balance
$108,669
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$28,374

Purchase Details

Listed on
Dec 21, 2022
Closed on
Apr 24, 2023
Sold by
Glass Peak Properties Il Llc
Bought by
Mccormick David Curtis
Seller's Agent
Kelsey Hicks
C21 Purdum-Epperson Inc
Buyer's Agent
Todd Gilliland
TNT Realty Group, Inc.
List Price
$145,000
Sold Price
$120,000
Premium/Discount to List
-$25,000
-17.24%
Views
53

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.62%
Original Mortgage
$100,000
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 6, 2020
Closed on
Jul 3, 2020
Sold by
Monopoly I Llc
Bought by
Glass Peak Properties Il Llc
Seller's Agent
Thelma Smiddy
RE/MAX Unified Brokers
Buyer's Agent
Thelma Smiddy
RE/MAX Unified Brokers
List Price
$75,000
Sold Price
$50,000
Premium/Discount to List
-$25,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.33%
Original Mortgage
$91,000
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 25, 2010
Sold by
Holstine William R
Bought by
Monopoly Llc

Purchase Details

Closed on
Apr 5, 2005
Sold by
Waterman Property Development Inc
Bought by
Holstine William R
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $145,000 None Listed On Document
Warranty Deed $120,000 None Listed On Document
Warranty Deed $50,000 None Available
Quit Claim Deed -- None Available
Warranty Deed $180,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $108,750 New Conventional
Previous Owner $100,000 New Conventional
Previous Owner $67,900 Construction
Previous Owner $91,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 Sold $145,000 0.0% $48 / Sq Ft
02/05/2025 02/05/25 For Sale $145,000 +20.8% $48 / Sq Ft
04/25/2023 04/25/23 Sold $120,000 -17.2% $79 / Sq Ft
04/03/2023 04/03/23 Pending -- -- --
03/31/2023 03/31/23 For Sale $145,000 0.0% $96 / Sq Ft
01/04/2023 01/04/23 Pending -- -- --
12/21/2022 12/21/22 For Sale $145,000 +190.0% $96 / Sq Ft
07/21/2020 07/21/20 Sold $50,000 -33.3% $16 / Sq Ft
05/05/2020 05/05/20 Pending -- -- --
02/06/2020 02/06/20 For Sale $75,000 -- $23 / 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 $4,602 $22,790 $1,218 $21,572
2023 $2,805 $22,790 $1,218 $21,572
2022 $2,609 $22,081 $1,180 $20,901
2021 $2,504 $22,081 $1,180 $20,901
2020 $2,473 $23,205 $1,177 $22,028
2019 $3,876 $41,531 $5,936 $35,595
2018 $3,709 $35,595 $5,936 $29,659
2017 $3,618 $35,595 $5,936 $29,659
2016 $3,475 $35,218 $5,873 $29,345
2015 $3,420 $34,413 $5,739 $28,674
2014 $3,359 $33,898 $5,653 $28,245
2013 $3,279 $33,898 $5,653 $28,245
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: PA1255842

RMLS Alliance

APN: 11-100-346-00