NOT LISTED FOR SALE

314 E Main St Ottawa, IL 61350

Estimated Value: $36,019

-- Bed
-- Bath
-- Sq Ft
0.29 Acres

Last Sold June 26, 2023

Last sale price $30,000

Est. 20% increase in value since last sale

Current estimated payment $225/month

115 Days on Market

About This Home

As of June 2023

Offering for sale two buildings conveniently located directly across from Ottawa High School with easy access to downtown Ottawa. One block from the Fox River and Illinois Rivers. This property consists of two buildings, a 2-unit building at 310 E Main (approx 1232 sqft) and a 4-unit property at 314 E Main (approx 3140 sqft) and a 44x24 detached garage. The main structure is a circa 1855 Greek Revival style.

Last Agent to Sell the Property

Maribel Martinez

Karges Realty License #471010710 Listed on: 02/17/2023

Last Buyer's Agent

Alex Basem

Infiniti Properties, Inc. License #475154808

Infiniti Properties, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1855

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 100x128

Interior Spaces

  • 2-Story Property

Community Details

  • 6 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1855

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Other
  • Stories: 2
  • Year Built: 1855
  • Built Before 1978 (Y/N): Yes
  • Information: None
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Room: 0

Utilities

  • Heat/Ventilation: None

Condo/Co-op/Association

  • Unincorporated (Y/N): No

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.29
  • Lot Dimensions: 100X128

Rental Info

  • Tenant Pays: None
  • Board Number: 17

Multi Family

  • NumberOfUnitsTotal: 6
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 1671
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2023
Closed on
Jun 23, 2023
Sold by
April Properties Llc
Bought by
American Eagle Inc
Seller's Agent
Maribel Martinez
Karges Realty
Buyer's Agent
Alex Basem
Infiniti Properties, Inc.
List Price
$69,900
Sold Price
$30,000
Premium/Discount to List
-$39,900
-57.08%
Views
675
Current Estimated Value
$36,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,019
Avg. Annual Appreciation
7.53%

Purchase Details

Listed on
Apr 26, 2022
Closed on
May 18, 2022
Sold by
First National Bank Of Ottawa
Bought by
April Properties Llc
Seller's Agent
George Shanley
Coldwell Banker Real Estate Group
Buyer's Agent
Martha Moscosa
Janko Realty & Development - Peru
List Price
$49,500
Sold Price
$51,500
Premium/Discount to List
$2,000
4.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-38.81%

Purchase Details

Closed on
Jun 12, 2014
Sold by
Tauke Claudia
Bought by
Tauke Claudia and Claudi Tauke Trust
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 Buyer Sale Price Title Company
American Eagle Inc $30,000 None Available
April Properties Llc $51,500 None Available
Tauke Claudia -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/26/2023 06/26/23 Sold $30,000 -33.3% --
06/14/2023 06/14/23 Pending -- -- --
03/10/2023 03/10/23 Price Changed $45,000 -35.6% --
02/18/2023 02/18/23 For Sale $69,900 +35.7% --
05/20/2022 05/20/22 Sold $51,500 +4.0% -- View Prior Sale
04/28/2022 04/28/22 Pending -- -- --
04/26/2022 04/26/22 For Sale $49,500 -- --
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 $1,874 $18,197 $18,196 $1
2023 $1,917 $18,196 $18,196 $0
2022 $1,672 $17,166 $17,166 $0
2021 $3,233 $36,072 $13,653 $22,419
2020 $3,217 $36,072 $13,653 $22,419
2019 $4,841 $49,752 $10,138 $39,614
2018 $4,704 $48,558 $9,895 $38,663
2017 $4,522 $47,071 $9,592 $37,479
2016 $4,316 $45,053 $9,181 $35,872
2015 $4,820 $49,767 $14,213 $35,554
2012 -- $54,405 $15,538 $38,867
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11721686

Midwest Real Estate Data (MRED)

APN: 21-11-405009