NOT LISTED FOR SALE

311 W University Dr Macomb, IL 61455

Macomb Area
3 Beds
2 Baths
10,192 Sq Ft
0.82 Acre Lot

Sale Details

Date Sold: October 1, 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

REMAX Aligned License #471.001319 Listed on: 08/09/2021

REMAX Aligned

Last Buyer's Agent

PAAR-NON RMLSA AGENT

Non-MLS License #0000000000

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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

0.82 Acres

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
  • Garbage Collection Exp: 2521
  • Laundry Facilities: Common

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2025
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Outstanding Balance
$544,261
Interest Rate
6.86%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 9, 2021
Closed on
Sep 23, 2021
Sold by
Bought by
Seller's Agent
Gene Curtis
REMAX Aligned
Buyer's Agent
PAAR-NON RMLSA AGENT
Non-MLS
List Price
$775,000
Sold Price
$775,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,250
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 25, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.7%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$640,000 None Listed On Document
$775,000 None Available
$170,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $550,000
Previous Owner $581,250
Previous Owner $65,000
Previous Owner $460,000
Previous Owner $407,769
Previous Owner $160,639
Previous Owner $125,000
Previous Owner $250,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $15,206 $131,157 $27,952 $103,205
2024 $15,206 $131,157 $27,952 $103,205
2023 $15,473 $125,701 $26,789 $98,912
2022 $14,854 $125,701 $26,789 $98,912
2021 $9,652 $85,132 $26,789 $58,343
2020 $9,556 $111,921 $26,789 $85,132
2019 $9,527 $115,016 $27,530 $87,486
2018 $9,115 $87,486 $27,530 $59,956
2017 $8,892 $87,486 $27,530 $59,956
2016 $7,680 $77,841 $18,413 $59,428
2015 $7,735 $77,841 $18,413 $59,428
2014 $7,713 $77,841 $18,413 $59,428
2013 $7,360 $77,841 $18,413 $59,428
Source: Public Records

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Map

Source: RMLS Alliance

MLS Number: PA1227736

RMLS Alliance
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