NOT LISTED FOR SALE

403 E Monroe St Unit 1 Sullivan, IL 61951

-- Bed
-- Bath
2,803 Sq Ft
8,000 Sq Ft Lot

Last Sold July 08, 2021

Last sale price $120,000 $43 Per Sq Ft

Highlights

  • 3 Car Attached Garage
  • 1-Story Property
  • 4-minute walk to Sullivan City Park
  • Forced Air Heating and Cooling System

About This Home

As of July 2021

This is a fully rented triplex with long term tenants. A good income producer. We must have a minimum of 24 hour notice for showings

Last Agent to Sell the Property

Robert Elder

Elder Appraisal Service License #471003467 Listed on: 04/27/2021

Last Buyer's Agent

Jennifer Whitney

Glenda Sphar Realty License #471022052

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,500

Year Built

  • Built in 1970

Lot Details

  • 8,000 Sq Ft Lot
  • Lot Dimensions are 80 x 100

Parking

  • 3 Car Attached Garage

Home Design

  • Triplex
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2,803 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Oven

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for exterior maintenance, repairs
  • Assessor Parcel Number 08-08-01-305-001

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $5,600
  • Net Operating Income $10,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,500

Year Built

Built in 1970

Lot Details

0

Parking

3

Listing Details

  • Above Grade Finished Sq Ft: 2803.0
  • Directions: South from Jackson St on Polk Street to corner of Polk and Monroe.
  • Lot Size Acres: 0.18
  • Lot Size: 80 x 100
  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Road Surface Type: Concrete
  • Building Stories: 1
  • Year Built: 1970
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Sub Type Additional: Triplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Oven, Refrigerator
  • Has Basement: Crawl Space
  • Owner Pays: Exterior Maintenance, Repairs
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Brick
  • Roof: Asphalt
  • Waterfront: No
  • Foundation Details: Crawlspace

Garage/Parking

  • Garage Spaces: 3.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Junior High Dist: Sullivan Dist. 300

Lot Info

  • Lot Size Sq Ft: 8000.0
  • Parcel #: 08-08-01-305-001
  • Zoning: R-2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Property Net Operating Income: 10000.0
  • Number Of Units Total: 3
  • Annual Operating Expense: 5600.0

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2500.0

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

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2021 07/08/21 Sold $120,000 0.0% $43 / Sq Ft
04/27/2021 04/27/21 Pending -- -- --
04/27/2021 04/27/21 For Sale $120,000 -- $43 / Sq Ft
Source: Central Illinois Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Robert Elder

    Elder Appraisal Service

    (217) 728-4160

    6 in this area

    9 Total Sales

    Robert Elder
    Section Image

  • J

    Buyer's Agent in 2021

    Jennifer Whitney

    Glenda Sphar Realty

    (217) 201-1653

    28 in this area

    69 Total Sales

    Jennifer Whitney
    Section Image
See All Agents

Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6211038

Illinois Moultrie County Sullivan 61951

403 E Monroe St Unit 1, Sullivan, IL

Not Listed for Sale

MultiFamily

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