NOT LISTED FOR SALE

342 W State St Jacksonville, IL 62650

-- Bed
-- Bath
13,248 Sq Ft
1966 Built

Last Sold October 25, 2021

Last sale price $350,000 $26 Per Sq Ft

About This Home

As of October 2021

Great downtown Jacksonville location walking distance to restaurants and retail shops! This all brick 3 story 21 unit building has great income producing potential and cash flow. There is a coin laundry for additional income of $150-300 mo. Most apartments are updated, but three still need remodeling. Tenant pays electric which includes their heat. Owner pays water and garbage. The parking lot is on a separate tax ID and is included in the sale. Selling as-is. $75,200 in updates in past 3 years!! Roof-$22K, Fire escape stairs $30K, 2 new hot water heaters and holding tank-$1,200, Baseboard heaters in all units, $7K, misc apartment renovations, $10K, new sewer pipe, $5k 12 units currently leased at time of listing two 40 gallon hot water heaters go to a 150 gallon holding tank tenant pays electric Owner pays water $365 mo. and trash 104 mo studios rent for $375- $450 for 1 bed - only 4 vacancies and these 4 are to be remodeled. Call Caron Yates for more information.

Last Agent to Sell the Property

Clayton Yates

The Real Estate Group, Inc. License #475160796 Listed on: 09/22/2020

The Real Estate Group, Inc.

Last Buyer's Agent

Jim Fulgenzi

RE/MAX Professionals License #471021607

RE/MAX Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,967

Year Built

  • Built in 1966

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Rubber Roof

Interior Spaces

  • 13,248 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 21 Parking Spaces
  • On-Street Parking

Schools

  • Jacksonville District #117 High School

Utilities

  • No Cooling
  • Heating System Uses Gas

Community Details

  • Trash Expense $1,248

Listing and Financial Details

  • Assessor Parcel Number 0920243010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,967

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1966
  • New Construction: No
  • Structure Type: Apartment Building
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Basement: Full

Exterior Features

  • Lot Features: Other
  • Construction Type: Brick
  • Foundation Details: Brick
  • Roof: Rubber
  • 100YearPlain: No

Garage/Parking

  • Parking Features: On Street
  • Total Parking Spaces: 21

Utilities

  • Heating: Electric, Gas, No Cooling
  • Laundry Features: Common Area
  • Water Source: Public Sewer, Public
  • GasExpense: 4800
  • NumberOfRanges: 19
  • NumberofRefrigerators: 19
  • NumberOfWashers: 0
  • NumberOfDryers: 0

Fee Information

  • Trash Expense: 1248
  • AdvertisingExpense: 0

Schools

  • High School: Jacksonville District #117

Lot Info

  • Lot Size: 80 x 110 and 40 x 180
  • Parcel #: 0920243010

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 7966.64
  • TaxExemptions: None

Range of Values:

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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

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2021 10/25/21 Sold $350,000 0.0% $26 / Sq Ft
04/10/2021 04/10/21 Pending -- -- --
12/04/2020 12/04/20 Price Changed $350,000 -4.1% $26 / Sq Ft
11/02/2020 11/02/20 For Sale $365,000 0.0% $28 / Sq Ft
10/14/2020 10/14/20 Pending -- -- --
09/22/2020 09/22/20 For Sale $365,000 -- $28 / Sq Ft
Source: RMLS Alliance

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Clayton Yates

    Seller's Agent in 2021

    Clayton Yates

    The Real Estate Group, Inc.

    (217) 371-1370

    83 in this area

    458 Total Sales

    Clayton Yates
    Section Image
  • Jim Fulgenzi

    Buyer's Agent in 2021

    Jim Fulgenzi

    RE/MAX Professionals

    (217) 341-5393

    6 in this area

    718 Total Sales

    Jim Fulgenzi
    Section Image
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Map

Source: RMLS Alliance

MLS Number: CA1002714

RMLS Alliance
Illinois Morgan County Jacksonville 62650

342 W State St, Jacksonville, IL

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