$66,500
SOLD JUL 8, 2025

309 5th Ave Sterling, IL 61081

3 Beds
2 Baths
-- Sq Ft
1918 Built

Recently Sold

3 Days on Market

About This Home

As of July 2025

Investment Opportunity - Duplex located downtown. Front porch is currently used by both tenants. Unit #1 has a washer/dryer hookups. The Seller pays water, sewer and garbage. Tenant pays their own Gas & Electric. Unit #1 (down) has 1 bedroom, stove & refrig. $450/month rent (no lease and no deposit). Unit #2 (2nd level) has 2 bedrooms stove & refrig. $500/month rent (no lease and no deposit). Full basement for extra storage with an outside entrance. 3 car detached garage (currently rented at $30/stall). House and garage has new roof, gutters, downspouts.

Last Agent to Sell the Property

Jenni Dace

Judy Powell Realty License #471010072 Listed on: 06/06/2025

Last Buyer's Agent

Brian Carradus

Judy Powell Realty License #475207007

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,538

Year Built

  • Built in 1918

Lot Details

  • Lot Dimensions are 50x135

Parking

  • 3 Car Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,538

Year Built

Built in 1918

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1918
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: On Site, Detached, Garage
  • ParkingTotal: 3

Utilities

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50X135
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 3538.38
  • Tax Year: 2024
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2025
Closed on
Jul 8, 2025
Sold by
Diane L Martin Living Trust and Martin Diane L
Bought by
Dewitt Tanner
Seller's Agent
Jenni Dace
Judy Powell Realty
Buyer's Agent
Brian Carradus
Judy Powell Realty
List Price
$66,500
Sold Price
$66,500
Views
11
Current Estimated Value
$88,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,561
Avg. Annual Appreciation
98.37%
Original Mortgage
$60,000
Outstanding Balance
$59,766
Interest Rate
6.89%
Mortgage Type
Credit Line Revolving
Estimated Equity
$28,295

Purchase Details

Closed on
Jan 23, 2024
Sold by
Martin Diane L
Bought by
Diane L Martin Living Trust and Martin

Purchase Details

Closed on
Dec 12, 2018
Sold by
Kein Danny L
Bought by
Martin Diane L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $66,500 None Listed On Document
Deed -- None Listed On Document
Warranty Deed $73,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $60,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2025 07/08/25 Sold $66,500 0.0% --
06/09/2025 06/09/25 Pending -- -- --
06/06/2025 06/06/25 For Sale $66,500 -- --
Source: Midwest Real Estate Data (MRED)

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 $3,538 $33,936 $4,586 $29,350
2023 $3,340 $31,856 $4,305 $27,551
2022 $3,257 $30,479 $4,119 $26,360
2021 $3,143 $28,743 $3,884 $24,859
2020 $3,055 $27,736 $3,748 $23,988
2019 $3,036 $27,232 $3,680 $23,552
2018 $3,004 $27,276 $3,686 $23,590
2017 $3,009 $27,089 $3,661 $23,428
2016 $2,932 $26,216 $3,543 $22,673
2015 $2,804 $26,935 $3,640 $23,295
2014 $2,798 $26,337 $3,559 $22,778
2013 $2,804 $26,935 $3,640 $23,295
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12386228

Midwest Real Estate Data (MRED)

APN: 1121480012