NOT LISTED FOR SALE

403 E Monroe St Unit 1 Sullivan, IL 61951

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

Sale Details

Date Sold: July 8, 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

8,000 Sq Ft Lot

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
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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
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

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 $5,199 $54,275 $6,189 $48,086
2024 $4,146 $50,805 $5,793 $45,012
2023 $3,847 $47,700 $5,439 $42,261
2022 $2,453 $32,642 $4,488 $28,154
2021 $2,927 $31,034 $4,267 $26,767
2020 $2,818 $29,800 $4,097 $25,703
2019 $2,786 $29,800 $4,097 $25,703
2018 $2,953 $31,496 $2,186 $29,310
2017 $2,969 $31,375 $2,178 $29,197
2016 $3,112 $31,444 $2,183 $29,261
2015 $3,062 $30,830 $2,140 $28,690
2014 -- $30,880 $2,190 $28,690
2013 -- $30,880 $2,190 $28,690
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Robert Elder

    Elder Appraisal Service

    (217) 728-4160

    4 Total Sales

    Robert Elder
    Section Image

  • J

    Buyer's Agent in 2021

    Jennifer Whitney

    Glenda Sphar Realty

    (217) 201-1653

    55 Total Sales

    Jennifer Whitney
    Section Image
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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6211038

Illinois Moultrie County Sullivan 61951

403 E Monroe St Unit 1, Sullivan, IL

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