NOT LISTED FOR SALE

320 N Sherman Ave Macomb, IL 61455

Estimated Value: $167,000 - $173,000

4 Beds
-- Bath
3,174 Sq Ft
$54/Sq Ft Est. Value

Sale Details

Date Sold: February 28, 2023

Last sale price $160,000 $50 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,082 / mo

36 Days on Market

Highlights

  • Forced Air Zoned Heating System
  • Level Lot
  • 2-minute walk to Hanson Field

About This Home

As of February 2023

Great Investment opportunity! The location could not be better than this! Located directly across from Sherman Hall at Western Illinois University, this historic, well-maintained, 4 unit building is a beauty. Each unit has not only been fully updated and freshly painted but each has their own unique characteristics. Unit 1 is a 2 bedroom/1 bath upper level apartment with its own screened porch and view of the Sherman Hall bell tower. Unit 2 is on the lower level and is a 1 bedroom/1 bath with large rooms and a bay window. Unit 3 is upstairs and has its own open stairwell and sun porch and an original "decorative" fireplace. Unit 4 is also a 1 bedroom/1bath and has a large kitchen, view of the campus and a bath with a claw foot tub. All units have separate entrances, gas meters, electric and water meters. The exterior eaves and the porches have been repainted. Building is being sold AS-IS, but has been maintained to high standards.

Last Agent to Sell the Property

Christine Farr

Key, REALTORS License #475.173975 Listed on: 12/28/2022

Last Buyer's Agent

Paula Clark

Key, REALTORS License #475.103618

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,824

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 53.75x174
  • Level Lot

Home Design

  • Brick Foundation
  • Block Foundation
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 3,174 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • 6 Parking Spaces
  • Parking Pad
  • Alley Access

Schools

  • Macomb High School

Utilities

  • Forced Air Zoned Heating System
  • Window Unit Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 11-100-742-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,824

Year Built

Built in 1920

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1920
  • New Construction: No
  • Structure Type: Two or More Story, Quadruplex
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Aluminum Siding, Concrete
  • Foundation Details: Block, Brick
  • Roof: Other, Shingle
  • 100YearPlain: Unknown

Garage/Parking

  • Parking Features: Alley Access, Other, Parking Pad
  • Total Parking Spaces: 6

Utilities

  • Heating: Forced Air, Gas, Gas Water Heater, Window Unit(s), Zoned
  • Laundry Features: None
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfRanges: 4
  • NumberofRefrigerators: 4
  • NumberOfWashers: 0
  • NumberOfDryers: 0
  • NumberOfDishwashers: 0
  • NumberOfWindowUnits: 8

Fee Information

  • AdvertisingExpense: 0

Schools

  • High School: Macomb

Lot Info

  • Zoning: ASMU- Adams Street Mixed Use
  • Lot Size: 53.75X174
  • Parcel #: 11-100-742-00

Rental Info

  • Tenant Pays: All Utilities
  • Lease Term: Variable

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3823.8
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2022
Closed on
Feb 23, 2023
Sold by
Tex Ronald E
Bought by
Baez Asael
Seller's Agent
Christine Farr
Key, REALTORS
Buyer's Agent
Paula Clark
Key, REALTORS
List Price
$160,000
Sold Price
$160,000
Views
100
Current Estimated Value
$170,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,791
Avg. Annual Appreciation
2.05%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
Baez Asael $160,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2023 02/28/23 Sold $160,000 0.0% $50 / Sq Ft
02/03/2023 02/03/23 For Sale $160,000 0.0% $50 / Sq Ft
01/30/2023 01/30/23 Off Market $160,000 -- --
12/28/2022 12/28/22 For Sale $160,000 -- $50 / Sq Ft
Source: RMLS Alliance

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 $6,676 $58,027 $1,211 $56,816
2023 $4,349 $34,808 $1,161 $33,647
2022 $3,985 $33,726 $1,125 $32,601
2021 $3,824 $33,726 $1,125 $32,601
2020 $3,777 $37,208 $3,564 $33,644
2019 $3,765 $34,575 $3,663 $30,912
2018 $3,602 $34,575 $3,663 $30,912
2017 $3,514 $34,575 $3,663 $30,912
2016 $3,375 $34,209 $3,624 $30,585
2015 $3,322 $33,427 $3,541 $29,886
2014 $3,263 $32,927 $3,488 $29,439
2013 $3,185 $32,927 $3,488 $29,439
Source: Public Records

Agents Affiliated with this Home

  • Christine Farr

    Seller's Agent in 2023

    Christine Farr

    Key, REALTORS

    (309) 333-7274

    153 in this area

    199 Total Sales

    Christine Farr
    Section Image
  • Paula Clark

    Buyer's Agent in 2023

    Paula Clark

    Key, REALTORS

    (309) 333-5311

    57 in this area

    104 Total Sales

    Paula Clark
    Section Image
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Map

Source: RMLS Alliance

MLS Number: PA1239677

RMLS Alliance

APN: 11-100-742-00

Illinois Mcdonough County Macomb 61455

320 N Sherman Ave, Macomb, IL

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Listings courtesy of RMLS Alliance as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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