NOT LISTED FOR SALE

331 E Lincoln Ave Barrington, IL 60010

6 Beds
2 Baths
-- Sq Ft
6,970 Sq Ft Lot Lot

Sale Details

Date Sold: July 24, 2024

Last sale price $300,000

139 Days on Market

Highlights

  • Traditional Architecture
  • 3-minute walk to Barrington Station
  • Two Heating Systems
  • Hough Street Elementary School Rated A+
  • Balcony
  • 4-minute walk to Memorial Park

About This Home

As of July 2024

Two flat in Downtown Barrington, each with its own entrance and separate utilities. Both units are 3 bedroom/1 bath. Common laundry/storage in basement. Super convenient walk to train/town location. Current long term tenants in place on a month to month basis. Note water/electric/gas for basement are on main floor meters. All existing appliances included. Keep as a 2 flat, convert back to a single family, redevelop.... Consider the possibilities. Rents appear to be considerably below market... The intent is to sell as-is/where-is. Total square footage is 1897 sqf.

Last Agent to Sell the Property

Michael Rein

Baird & Warner License #471006350 Listed on: 02/01/2024

Baird & Warner

Last Buyer's Agent

Rob Morrison

Coldwell Banker Realty License #475132015

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,210

Year Built

  • Built in 1884

Lot Details

  • Lot Dimensions are 66x109
  • Paved or Partially Paved Lot

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Driveway
  • Parking Space is Owned
  • Unassigned Parking

Outdoor Features

  • Balcony

Schools

  • Hough Street Elementary School
  • Barrington Middle School - Stati
  • Barrington High School

Utilities

  • Two Heating Systems
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Cable TV Available

Community Details

Overview

  • 2 Units
  • 2 Flat

Building Details

  • Gross Income $28,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,210

Year Built

Built in 1884

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Year Built: 1884
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • MonthToMonthYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Other Equipment: TV-Cable, CO Detectors
  • Basement Description: Exterior Access
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens, Cable Access
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • OpenParkingSpaces: 5
  • Parking Features: Unassigned, Driveway
  • ParkingTotal: 5
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Controls
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved
  • Conversion YN: Y

Schools

  • Elementary School: Hough Street Elementary School
  • High School: Barrington High School
  • Middle/Junior School: Barrington Middle School - Stati

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 66X109
  • Zoning: SINGL
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Multi Family

  • GrossIncome: 28500
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 8210
  • Tax Year: 2022
  • Tax Exemptions: None
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 Prior Sale
07/24/2024 07/24/24 Sold $300,000 0.0% --
06/20/2024 06/20/24 Pending -- -- --
04/24/2024 04/24/24 Off Market $300,000 -- --
02/14/2024 02/14/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $319,900 +47.4% --
08/06/2020 08/06/20 Sold $217,000 -11.4% -- View Prior Sale
06/26/2020 06/26/20 Pending -- -- --
03/03/2020 03/03/20 For Sale $245,000 0.0% --
03/03/2020 03/03/20 Price Changed $245,000 -2.0% --
02/21/2020 02/21/20 Pending -- -- --
11/22/2019 11/22/19 Price Changed $249,900 -3.0% --
10/28/2019 10/28/19 Price Changed $257,500 -6.4% --
10/13/2019 10/13/19 For Sale $275,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $8,929 $33,000 $8,633 $24,367
2024 $8,929 $39,993 $7,194 $32,799
2023 $8,725 $39,993 $7,194 $32,799
2022 $8,725 $39,993 $7,194 $32,799
2021 $7,829 $31,747 $3,776 $27,971
2020 $7,556 $31,747 $3,776 $27,971
2019 $7,652 $36,366 $3,776 $32,590
2018 $8,381 $38,276 $3,417 $34,859
2017 $8,210 $38,276 $3,417 $34,859
2016 $7,814 $38,276 $3,417 $34,859
2015 $6,501 $29,425 $3,057 $26,368
2014 $6,987 $31,978 $3,057 $28,921
2013 $6,689 $31,978 $3,057 $28,921
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11971126

Midwest Real Estate Data (MRED)
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