NOT LISTED FOR SALE

3147 E 24th Rd Marseilles, IL 61341

16 Beds
16 Baths
-- Sq Ft
87,120 Sq Ft Lot

Last Sold September 20, 2019

Last sale price $475,000

15 Days on Market

About This Home

As of September 2019

A great investment opportunity to own 2 4 unit buildings for a total of 8 units. There is also a maintenance and coin operated laundry building. On 2 acres North of town. 1 well, with softener system, 4 septics, 2 units on each. Tenants pay their own electric, gas, phone. Owner pays gas/electric for laundry, and atrium lighting, garbage, etc. All units are 2 bedrooms, 2 full baths. Units approx. 1,000 each. Each unit has its own water heater, furnace and air. One tenant that pays $675 mows the lawn. 1 @ $675, 1 @ $700,2 @ $750,1 @ $775, 3 @ $800.All units have fridge, stove, and microwave, some have dishwashers. Bedrooms are carpet, rest hard surface flooring. 4 Washers and 6 dryers in laundry facilities all coin operated bringing in $350-$500 per month.

Last Agent to Sell the Property

Joseph Frieders

Swanson Real Estate License #471013193 Listed on: 06/26/2019

Last Buyer's Agent

Chris Czarnowski

Earned Run Real Estate Group License #475174914

Property Details

Home Type

  • Multi-Family

Year Built

  • 1994

Lot Details

  • 2

Home Design

  • Slab Foundation
  • Vinyl Siding

Utilities

  • Central Air

Community Details

  • Fuel Expense $800
  • Insurance Expense $4,500

Listing and Financial Details

  • Tenant pays for air conditioning, electric, heat

Property Details

Home Type

Multi-Family

Year Built

1994

Lot Details

2 Acres

Listing Details

  • Property Type: Multi Family 5+
  • Current Use: Residential-Multi-Family
  • Ownership Type: Land Trust
  • Zoning Type: MULTI
  • Estimated Age: 16-25 Years
  • Net Operating Income Year: 2018
  • Net Oper Income: 72200
  • Outdoor Parking: 19-30 Spaces
  • Roof Coverings: Shingle Composition, Metal
  • Roof Structure: Pitched
  • Scavenger Expense: 1440
  • Total Annual Exp: 6100
  • Total Annual Income: 78300
  • Total Monthly Income: 6525
  • Unincorporated: Yes
  • Number of Ranges: 8
  • Number Of Refrigs: 8
  • Number Of Stories: 2
  • Estimated Year Built: 1994
  • Type Multi Family: Corridor-Interior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1994

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Vinyl Siding
  • Acreage: 2
  • Construction: Wood Frame
  • Frontage Access: County Road

Garage/Parking

  • Number Of Parking Spaces: 24

Utilities

  • Air Conditioner: Central Air
  • Heatventilation: Forced Air, Gas

Condo/Co-op/Association

  • Units in Building: 8

Fee Information

  • Electricity Expense: 800
  • Electrical Service: Circuit Breakers

Lot Info

  • Lot Dimensions: 186X467
  • Parcel Identification Number: 1525415000

Rental Info

  • Gross Rental Income: 78300
  • Tenant Pays: Air Conditioning, Electric, Heat

Multi Family

  • Expense Year: 2018
  • Fuel Expense: 800
  • Insurance Expense: 4500
  • Number Of Dryers: 6
  • Number Of Washers: 4

Tax Info

  • Taxes: 8793.84

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2019
Closed on
Sep 20, 2019
Sold by
Boughton Robyn
Bought by
Luxica Llc-3147 Series
Seller's Agent
Joseph Frieders
Swanson Real Estate
Buyer's Agent
Chris Czarnowski
Earned Run Real Estate Group
List Price
$499,000
Sold Price
$475,000
Premium/Discount to List
-$24,000
-4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Outstanding Balance
$624,095
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 10, 2017
Sold by
Marciniak Ryzard and Marciniak Leokadia
Bought by
Black Boughton Robyn and Black Walnut

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2008
Sold by
Haff Richard and Haff Richard A
Bought by
Marciniak Ryszard and Marciniak Lidia
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Luxica Llc-3147 Series $475,000 None Available
Black Boughton Robyn $450,000 None Available
Marciniak Ryszard $365,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luxica Llc-3147 Series $712,500
Previous Owner Black Boughton Robyn $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2019 09/20/19 Sold $475,000 -4.8% --
07/11/2019 07/11/19 Pending -- -- --
06/26/2019 06/26/19 For Sale $499,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $7,828 $114,139 $12,485 $101,654
2023 $8,047 $114,139 $12,485 $101,654
2022 $8,478 $114,139 $12,485 $101,654
2021 $8,542 $114,139 $12,485 $101,654
2020 $8,547 $114,139 $12,485 $101,654
2019 $8,696 $114,139 $12,485 $101,654
2018 $8,794 $114,139 $12,485 $101,654
2017 $8,847 $114,139 $12,485 $101,654
2016 $8,807 $114,139 $12,485 $101,654
2015 $4,410 $114,139 $12,485 $101,654
2012 -- $114,139 $12,485 $101,654
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10431804

Midwest Real Estate Data (MRED)

APN: 15-25-415000

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