$60,000
SOLD AUG 19, 2025

372 E Summer St Paxton, IL 60957

2 Beds
1 Bath
739 Sq Ft
1943 Built

Recently Sold

$81 Per Sq Ft

12% Below List Price

1 Day on Market

Highlights

  • Sun or Florida Room
  • Laundry Room
  • Family Room
  • Living Room
  • Dining Room

About This Home

As of August 2025

Calling all investors - this 2 bed, 1 bath property is a diamond in the rough with major upside potential. Currently rented for $500/month, it's ideal for a fix-and-hold or fix-and-flip strategy. With the right renovations, this property could generate strong cash flow or resale value. Being sold as-is and priced accordingly for the work needed, it won't last long for buyers looking to build equity or expand their rental portfolio.

Last Agent to Sell the Property

Russ Taylor

Taylor Realty Associates License #471001422 Listed on: 08/04/2025

Co-Listed By

Ty Graham

Taylor Realty Associates License #475208916

Last Buyer's Agent

Nate Evans

eXp Realty-Mahomet License #475124281

eXp Realty-Mahomet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,103

Year Built

  • Built in 1943

Lot Details

  • Lot Dimensions are 50x157

Interior Spaces

  • 739 Sq Ft Home
  • 1.5-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Partial Basement
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Parking Included in Price

Schools

  • Clara Peterson Elementary School
  • Pbl Junior High School
  • Pbl Senior High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,103

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1943
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, Partial
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 739
  • Room Type: Sun Room
  • Estimated Total Finished Sq Ft: 739
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 739
  • Basement Sq Ft: 0
  • Total Sq Ft: 739
  • Unfinished Basement Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Main Level Sq Ft: 739
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 68000
  • Waterfront: No

Garage/Parking

  • Parking Features: On Site, Owned
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Clara Peterson Elementary School
  • High School: Pbl Senior High School
  • Middle/Junior School: Pbl Junior High School
  • Middle/Junior School District: 10

Lot Info

  • Lot Dimensions: 50X157
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 1103
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2025
Closed on
Aug 19, 2025
Sold by
Graham Jeffrey H
Bought by
Klg Property Management Llc
Seller's Agent
Russ Taylor
Taylor Realty Associates
Buyer's Agent
Nate Evans
eXp Realty-Mahomet
List Price
$68,000
Sold Price
$60,000
Premium/Discount to List
-$8,000
-11.76%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
111.88%
Original Mortgage
$48,000
Outstanding Balance
$47,325
Interest Rate
6.75%
Mortgage Type
Credit Line Revolving
Estimated Equity
$18,332

Purchase Details

Listed on
Jul 24, 2014
Closed on
Sep 18, 2014
Sold by
Earl J Earl J and Cole-Pruitt Elizabeth F
Bought by
Graham Jeffrey H
Seller's Agent
Rex Roy
RE/MAX Choice
Buyer's Agent
Rex Roy
RE/MAX Choice
List Price
$29,500
Sold Price
$25,000
Premium/Discount to List
-$4,500
-15.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.34%
Original Mortgage
$24,227
Interest Rate
6.75%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Date Type Sale Price Title Company
Warranty Deed $60,000 Allied Capital Title
Trustee Deed $25,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $48,000 Credit Line Revolving
Previous Owner $24,227 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 Sold $60,000 -11.8% $81 / Sq Ft
08/05/2025 08/05/25 Pending -- -- --
08/04/2025 08/04/25 For Sale $68,000 +172.0% $92 / Sq Ft
09/18/2014 09/18/14 Sold $25,000 -15.3% $36 / Sq Ft
09/03/2014 09/03/14 Pending -- -- --
07/24/2014 07/24/14 For Sale $29,500 -- $42 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $1,103 $11,660 $2,970 $8,690
2023 $1,102 $11,660 $2,970 $8,690
2022 $431 $10,320 $2,630 $7,690
2021 $388 $9,820 $2,500 $7,320
2020 $360 $9,540 $2,430 $7,110
2019 $327 $8,500 $2,430 $6,070
2018 $330 $8,500 $2,430 $6,070
2017 $338 $3,240 $2,440 $800
2016 $892 $8,330 $2,380 $5,950
2015 $827 $8,330 $2,380 $5,950
2014 $827 $8,330 $2,380 $5,950
2013 $1,409 $14,940 $2,380 $12,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12434668

Midwest Real Estate Data (MRED)

APN: 11-14-17-301-009