NOT LISTED FOR SALE

310 E Main St Genoa, IL 60135

Estimated Value: $349,484

8 Beds
4 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold January 31, 2024

Last sale price $327,000

Est. 7% increase in value since last sale

Current estimated payment $2,513/month

90 Days on Market

Highlights

  • Multiple Water Heaters
  • Paved or Partially Paved Lot
  • Heating Available

About This Home

As of January 2024

Great investment opportunity with positive cash flow. 4 unit building w/2 BR, 1 BA apartments. Each unit has stove and refrigerator included. Separate meters-tenants pay own electric. Landlord pays common and laundry area electric as well as sewer, water & waste removal. Off-street parking. Building has had updating to kitchens and baths. Close to schools, parks & shopping. Full basement with coin operated laundry.

Last Listed By

Tammy Engel

RE/MAX Classic License #471001769 Listed on: 10/17/2023

RE/MAX Classic

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,590

Year Built

  • Built in 1968

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 67x150
  • Paved or Partially Paved Lot

Home Design

  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Parking

  • 6 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned
  • Unassigned Parking

Schools

  • Davenport Elementary School
  • Genoa-Kingston Middle School
  • Genoa-Kingston High School

Utilities

  • Heating Available
  • Multiple Water Heaters

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,590

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1968
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Other Equipment: Multiple Water Heaters
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 355000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Unassigned
  • ParkingTotal: 6
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Paved

Schools

  • Elementary School: Davenport Elementary School
  • High School: Genoa-Kingston High School
  • Middle/Junior School: Genoa-Kingston Middle School
  • Middle/Junior School District: 424

Lot Info

  • Lot Size Acres: 0.23
  • Lot Dimensions: 67X150
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19

Tax Info

  • Tax Annual Amount: 6590.2
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2023
Closed on
Jan 29, 2024
Sold by
Marshland Properties Llc
Bought by
Odonnell Jason and Odonnell Jacob
Seller's Agent
Tammy Engel
RE/MAX Classic
Buyer's Agent
Tammy Engel
RE/MAX Classic
List Price
$355,000
Sold Price
$327,000
Premium/Discount to List
-$28,000
-7.89%
Total Days on Market
90
Views
62
Current Estimated Value
$349,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,484
Avg. Annual Appreciation
5.57%
Original Mortgage
$270,000
Outstanding Balance
$214,714
Interest Rate
6.61%
Mortgage Type
Seller Take Back
Estimated Equity
$135,776

Purchase Details

Closed on
Jan 29, 2008
Sold by
Marsh Kevin M
Bought by
Marshland Properties Llc

Purchase Details

Closed on
Nov 15, 2007
Sold by
National Bk & Tr Sycamore
Bought by
Marsh Kevin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,920
Interest Rate
6.47%
Mortgage Type
Commercial

Range of Values:

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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 Buyer Sale Price Title Company
Odonnell Jason $327,000 None Listed On Document
Marshland Properties Llc -- None Listed On Document
Marshland Properties Llc -- --
Marsh Kevin M $259,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Odonnell Jason $270,000
Previous Owner Marsh Kevin M $193,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2024 01/31/24 Sold $327,000 -7.9% --
01/16/2024 01/16/24 Pending -- -- --
10/17/2023 10/17/23 For Sale $355,000 -- --
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 $6,917 $78,423 $12,667 $65,756
2023 $6,917 $72,938 $11,781 $61,157
2022 $6,970 $70,540 $11,394 $59,146
2021 $6,590 $66,743 $10,781 $55,962
2020 $6,628 $66,043 $10,668 $55,375
2019 $6,435 $62,158 $10,040 $52,118
2018 $6,257 $59,340 $9,585 $49,755
2017 $6,133 $57,008 $9,208 $47,800
2016 $6,190 $56,877 $9,187 $47,690
2015 -- $55,511 $8,966 $46,545
2014 -- $54,562 $8,813 $45,749
2013 -- $54,480 $8,800 $45,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11910832

Midwest Real Estate Data (MRED)

APN: 03-19-484-003