NOT LISTED FOR SALE

316 E Bowyer St Bement, IL 61813

Estimated Value: $230,271 - $247,000

4 Beds
4 Baths
-- Sq Ft
1982 Built

Sale Details

Date Sold: September 24, 2025

Last sale price $235,000

Est. 2% increase in value since last sale

Current estimated payment $1,486 / mo

5 Days on Market

About This Home

As of September 2025

Fantastic investment opportunity! This 4-unit property features major updates, including a brand new roof, A/C, furnace, and water heater in all four units within the last 2 years-offering peace of mind and reduced maintenance costs. A detached garage located at the back of the property provides additional income potential and is currently not rented. Don't miss this well-maintained multi-unit property with strong rental appeal!

Last Agent to Sell the Property

Carol Meinhart

The Real Estate Group,Inc Brokerage Phone: (217) 840-3328 License #475127814 Listed on: 08/14/2025

The Real Estate Group,Inc

Last Buyer's Agent

Brandon Moore

RE/MAX REALTY ASSOCIATES-CHA License #475119265

RE/MAX REALTY ASSOCIATES-CHA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,287

Year Built

  • Built in 1982

Home Design

  • Cedar

Interior Spaces

  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Parking Available
  • Parking Included in Price

Schools

  • Bement Elementary School
  • Bement Junior High School
  • Bement High School

Additional Features

  • Lot Dimensions are 120 x 129
  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,287

Year Built

Built in 1982

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1982
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: BLK 3 LOT 8 & 9 RUBY'S ADDITION 62 18 3 36
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Attribution Contact: (217) 840-3328
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Cedar
  • Waterfront: No

Garage/Parking

  • Parking Features: Yes, Owned
  • ParkingTotal: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Schools

  • Elementary School: Bement Elementary School
  • High School: Bement High School
  • Middle/Junior School: Bement Junior High School

Lot Info

  • Lot Dimensions: 120 X 129
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22
  • Is Parking Included in Price: Yes
  • TenantPays: All

Tax Info

  • Tax Annual Amount: 2287
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 1 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2023
Bought by
Latham Solutions Llc
Current Estimated Value
$238,636

Purchase Details

Closed on
Oct 17, 2017
Bought by
Hrl Properties & Management Llc

Purchase Details

Closed on
Jan 1, 2003
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
Latham Solutions Llc $170,000 --
Hrl Properties & Management Llc $60,000 --
-- $55,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2025 09/24/25 Sold $235,000 -2.1% --
08/19/2025 08/19/25 Pending -- -- --
08/14/2025 08/14/25 For Sale $240,000 -- --
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 $2,329 $26,545 $4,762 $21,783
2023 $2,287 $26,282 $4,715 $21,567
2022 $1,846 $20,808 $4,938 $15,870
2021 $1,881 $20,808 $4,938 $15,870
2020 $1,887 $20,400 $4,841 $15,559
2019 $1,872 $20,400 $4,841 $15,559
2018 $1,848 $20,000 $4,746 $15,254
2017 $2,779 $29,430 $4,746 $24,684
2016 $2,647 $28,135 $4,537 $23,598
2015 $2,650 $28,135 $4,537 $23,598
2014 $2,650 $28,135 $4,537 $23,598
2013 $2,650 $28,135 $4,537 $23,598
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12428607

Midwest Real Estate Data (MRED)

APN: 01-00-07-000-555-01

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