NOT LISTED FOR SALE

402 S John St Thomasboro, IL 61878

Estimated Value: $924,000 - $969,869

32 Beds
16 Baths
-- Sq Ft
65,340 Sq Ft Lot

Last Sold June 28, 2022

Last sale price $765,000

Est. 24% increase in value since last sale

Current estimated payment $5,942/month

61 Days on Market

About This Home

As of June 2022

Four buildings next to each other with 16 total 2BR/1BA units. Two of the buildings have had their roofs replaced and 12 of the units have been renovated with appliances, flooring, windows, and A/C units. Some have new cabinets/countertops as well. Coin-operated laundry on-site brings in an additional $200/month.

Last Agent to Sell the Property

Rick Wilberg

eXp Realty-Champaign License #475126832 Listed on: 03/06/2022

eXp Realty-Champaign

Co-Listed By

Rosa Davisson

eXp Realty-Champaign License #475210062

Last Buyer's Agent

Jill Guth

GUTH & ASSOCIATES,LLC License #471020488

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,209

Year Built

  • Built in 1976

Lot Details

  • Lot Dimensions are 321x301x141x119x273
  • Additional Parcels

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 32 Bedrooms
  • 16 Bathrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for electricity, heat, sewer

Community Details

Overview

  • 16 Units

Building Details

  • Electric Expense $1,846
  • Insurance Expense $5,659
  • Maintenance Expense $5,535
  • Trash Expense $2,256
  • Operating Expense $42,420
  • Gross Income $95,700
  • Net Operating Income $49,794

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,209

Year Built

Built in 1976

Lot Details

1.5 Acres

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Other
  • Stories: 1
  • Year Built: 1976
  • Built Before 1978 (Y/N): Yes
  • Legal Description: LOTS 2,3,4 ACKERMAN'S ADD
  • Information: List Broker Must Accompany,48-Hr Notice Required
  • Estimated Age: 36-50 Years
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 16
  • Total Bedrooms: 32
  • Refrigerators: 16
  • Ranges: 16
  • Room: 0

Utilities

  • Cooling: Window Unit(s)
  • Heat/Ventilation: Forced Air

Fee Information

  • Trash Expense: 2256

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 321X301X141X119X273

Rental Info

  • Tenant Pays: Electricity, Heat, Sewer
  • Board Number: 22

Multi Family

  • Net Operating Income: 49794
  • Insurance Expense: 5659
  • ElectricExpense: 1846
  • GrossIncome: 95700
  • Maintenance Expense: 5535
  • NumberOfUnitsTotal: 16
  • OperatingExpense: 42420
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 10209
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2024
Sold by
D5 Holdings Group Llc
Bought by
Mcgraw Hooper Properties Llc
Current Estimated Value
$946,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Outstanding Balance
$712,832
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$234,103

Purchase Details

Listed on
Mar 6, 2022
Closed on
Jun 27, 2022
Sold by
Thomasboro Properties Llc
Bought by
D5 Holdings Group Llc
Seller's Agent
Rick Wilberg
eXp Realty-Champaign
Buyer's Agent
Jill Guth
GUTH & ASSOCIATES,LLC
List Price
$790,000
Sold Price
$765,000
Premium/Discount to List
-$25,000
-3.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.89%
Original Mortgage
$535,500
Interest Rate
5.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Aug 8, 2019
Closed on
Oct 15, 2019
Sold by
Roth Properties Llc
Bought by
Thomasboro Properties Llc
Seller's Agent
Eddie Mullins
RE/MAX REALTY ASSOCIATES-CHA
Buyer's Agent
Mike Neault
KELLER WILLIAMS-TREC
List Price
$430,000
Sold Price
$430,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.78%
Original Mortgage
$442,400
Interest Rate
3.4%
Mortgage Type
Commercial
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Mcgraw Hooper Properties Llc $900,000 None Listed On Document
D5 Holdings Group Llc $715,000 None Listed On Document
Thomasboro Properties Llc $430,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgraw Hooper Properties Llc $720,000
Previous Owner D5 Holdings Group Llc $535,500
Previous Owner Thomasboro Properties Llc $442,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2022 06/28/22 Sold $765,000 -3.2% --
05/07/2022 05/07/22 Pending -- -- --
03/06/2022 03/06/22 For Sale $790,000 +83.7% --
10/15/2019 10/15/19 Sold $430,000 0.0% -- View Prior Sale
08/08/2019 08/08/19 Pending -- -- --
08/08/2019 08/08/19 For Sale $430,000 -- --
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 $11,533 $166,650 $30,470 $136,180
2023 $11,533 $148,660 $27,180 $121,480
2022 $10,810 $132,730 $24,270 $108,460
2021 $10,281 $123,930 $22,660 $101,270
2020 $10,205 $119,740 $21,890 $97,850
2019 $9,898 $115,030 $21,030 $94,000
2018 $9,842 $109,130 $19,950 $89,180
2017 $10,025 $106,060 $19,390 $86,670
2016 $9,988 $106,060 $19,390 $86,670
2015 $10,002 $106,060 $19,390 $86,670
2014 $9,500 $106,060 $19,390 $86,670
2013 $9,549 $108,450 $19,830 $88,620
Source: Public Records

Agents Affiliated with this Home

  • Rick Wilberg

    Seller's Agent in 2022

    Rick Wilberg

    eXp Realty-Champaign

    (217) 202-5281

    194 Total Sales

    Rick Wilberg
    Section Image
  • Rosa Davisson

    Seller Co-Listing Agent in 2022

    Rosa Davisson

    eXp Realty-Champaign

    (217) 979-1805

    44 Total Sales

    Rosa Davisson
    Section Image
  • Jill Guth

    Buyer's Agent in 2022

    Jill Guth

    GUTH & ASSOCIATES,LLC

    (217) 778-8305

    55 Total Sales

    Jill Guth
    Section Image
  • Eddie Mullins

    Seller's Agent in 2019

    Eddie Mullins

    RE/MAX

    (217) 373-4802

    274 Total Sales

    Eddie Mullins
    Section Image
  • Mike Neault

    Buyer's Agent in 2019

    Mike Neault

    KELLER WILLIAMS-TREC

    (217) 714-9264

    51 Total Sales

    Mike Neault
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11340340

Midwest Real Estate Data (MRED)

APN: 20-09-33-176-008

Illinois Champaign County Thomasboro 61878

402 S John St, Thomasboro, IL

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.