NOT LISTED FOR SALE

311 W University Dr Macomb, IL 61455

3 Beds
2 Baths
10,192 Sq Ft
0.82 Acres

Last Sold October 01, 2021

Last sale price $775,000 $76 Per Sq Ft

10 Days on Market

About This Home

As of October 2021

HERE IS THE INVESTMENT OPPORTUNITY YOU HAVE BEEN WAITING FOR. 25 WELL MAINTAINED UNITS GENERATING CLOSE TO $150,000 OF ANNUAL REVENUE.

Last Agent to Sell the Property

Gene Curtis

RE/MAX Unified Brokers License #471001319 Listed on: 08/09/2021

RE/MAX Unified Brokers

Last Buyer's Agent

PAAR-NON RMLSA AGENT

Non-MLS License #0000000000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,556

Year Built

  • Built in 1960

Lot Details

  • 0.82

Schools

  • Lincoln Elementary School
  • Macomb High School

Utilities

  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for no utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,556

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Conversion
  • Legal Description: TRACT 4-S PT S UNIV DR PT LOT A SW BROWN ADD
  • Lvt Date: 08/09/2021
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available, Hi-Speed Internet Availbl
  • Price Per Sq Ft: 76.04
  • Total Sq Ft: 10192

Exterior Features

  • Exterior: Brick, Composition Siding
  • Road Access: Alley, Paved

Garage/Parking

  • Garage Parking: Assigned
  • Number Parking Spaces: 25

Utilities

  • Heating Cooling: Electric, Forced Air, Wall Units, Tankless Water Heater
  • Water Sewer: Public Sewer, Public Water
  • Electric Expense: 14273
  • Garbage Collection Exp: 2521
  • Laundry Facilities: Common
  • Water Sewer Expenses: 5892

Schools

  • Elementary School: Lincoln
  • High School: Macomb

Lot Info

  • Estimated Lot Size: 36,026 SQ FT
  • Estimated Number of Acres: 0.82
  • Lot Description: Level
  • Zoning: B2-GENERAL BUSINESS
  • Subdivision: Not Available
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: No Utilities
  • Gross Annual Rent Income: 147600
  • Lease Information: 1 Year

Tax Info

  • Annual Taxes: 9556.02
  • Parcel Id Number Tax Id: 11-101-094-00
  • Tax Year: 2020

Multi Family

  • Total Number Units: 25
  • Gross Annual Income: 149700
  • Total Number Central Air Units: 25
  • Total Number Electric Meters: 1
  • Total Number Gas Meters: 1
  • Total Number Heating Units: 25
  • Total Number Water Heaters: 5
  • Total Number Water Meters: 1

MLS Schools

  • Middle School: Edison

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

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2021 10/01/21 Sold $775,000 0.0% $76 / Sq Ft
08/19/2021 08/19/21 Pending -- -- --
08/09/2021 08/09/21 For Sale $775,000 -- $76 / Sq Ft
Source: RMLS Alliance

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: PA1227736

RMLS Alliance