B
Seller's Agent in 2023
Brian Borchardt
A-1 Agency
310 S East St Orangeville, IL 61060
Estimated Value: $293,608
--
Bed
--
Bath
33,000
Sq Ft
$9/Sq Ft
Est. Value
About This Home
As of September 2023Summery: 17 studio apartments each equipped with zoned Heat/AC, furnished, kitchenettes, carpet, keyless entry and more. Also 20 brand new centralized private bathrooms with walk-in showers for studios. Building also features a theater room (could easily be studio #18), sauna room, laundry room, game/exercise room, more common bathrooms, wide halls, half court indoor basketball, garage door in gym for owner, forklift, and an additional 10,000 sq ft of building for future conversion (haunted house, party space, storage units, more studios, etc...). Sale includes website and new building signage not yet installed. Current unoccupied monthly costs: Electric $200, Wifi Security $200, Grounds Keeping $100, Water $30, Taxes $720 and Dumpster $120 for a total cost of under $1,400 a month.
Last Agent to Sell the Property
Brian Borchardt
A-1 Agency License #471004534 Listed on: 06/05/2023
Last Buyer's Agent
Brian Borchardt
A-1 Agency License #471004534 Listed on: 06/05/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,364
Year Built
- Built in 1940
Lot Details
- 0.33 Acre Lot
- Lot Dimensions are 191x234x339x234
Interior Spaces
- 1-Story Property
Utilities
- Zoned Heating and Cooling
- Separate Meters
Community Details
Overview
- 18 Units
Building Details
- Electric Expense $21,600
- Insurance Expense $3,000
- Water Sewer Expense $2,000
- Operating Expense $33,964
- Gross Income $129,600
- Net Operating Income $956,360
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 30, 2024
Sold by
Cady Mark A
Bought by
Whatever We Endeavor Llc
Current Estimated Value
Purchase Details
Closed on
Jun 9, 2020
Sold by
Gold Nugget Properties Llc
Bought by
Cady Mark A and Cady Kimberly
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Whatever We Endeavor Llc | $125,000 | -- | |
| Cady Mark A | $65,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/29/2023 09/29/23 | Sold | $250,000 | -36.7% | $8 / Sq Ft |
| 08/22/2023 08/22/23 | Pending | -- | -- | -- |
| 07/30/2023 07/30/23 | Price Changed | $395,000 | -33.6% | $12 / Sq Ft |
| 06/25/2023 06/25/23 | Price Changed | $595,000 | -14.9% | $18 / Sq Ft |
| 06/05/2023 06/05/23 | For Sale | $699,000 | -- | $21 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $10,073 | $94,731 | $6,005 | $88,726 |
| 2023 | $9,830 | $94,731 | $6,005 | $88,726 |
| 2022 | $8,091 | $76,214 | $6,005 | $70,209 |
| 2021 | $7,364 | $73,930 | $5,825 | $68,105 |
| 2020 | $7,712 | $73,930 | $5,825 | $68,105 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11799584
APN: 16-03-36-332-017
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