NOT LISTED FOR SALE

403 S 9th St Oregon, IL 61061

Estimated Value: $125,000 - $160,000

4 Beds
2 Baths
1,400 Sq Ft
$103/Sq Ft Est. Value

Last Sold July 07, 2021

Last sale price $97,500 $70 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,099/month

Highlights

  • Deck
  • Patio
  • Forced Air Heating and Cooling System
  • Oregon High School Rated 9+
  • 1-Story Property
  • Washer and Dryer

About This Home

As of July 2021

DUPLEX FOR SALE! This two unit home is located near down town Oregon has and is ready to be rented as a duplex! There is a two bedroom unit downstairs and two bedroom upstairs as well. Both have 1 full bath, full kitchen, in unit laundry and are separate heating and cooling. Many updates were done to this property in 2016: 2 Central Air units, 2 Furnaces, roof, plumbing, updated bathrooms and exterior paint. There is also off street parking, a storage shed and fenced yard. Not interested in renting as a duplex, this property currently serves as an AirBnb with nearly $25,000 is gross rentals! Option to purchase as a fully furnished Airbnb is $119,000.

Last Agent to Sell the Property

Rebecca Hazzard

Re/Max of Rock Valley License #471019445 Listed on: 04/26/2021

Re/Max of Rock Valley

Last Buyer's Agent

Sharon Bowers

Re/Max Professional Advantage License #475127878

Re/Max Professional Advantage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,016

Lot Details

  • 7,971

Parking

  • 3 Car Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Basement

Kitchen

  • Stove
  • Microwave

Laundry

  • Laundry in unit
  • Washer and Dryer

Outdoor Features

  • Deck
  • Patio

Schools

  • Oregon Elementary School
  • Oregon Middle School
  • Oregon High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Separate Water Meter
  • Gas Water Heater

Community Details

  • 2 Units
  • 2-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,016

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Dryer, Microwave, Refrigerator, Stove/Cooktop, Washer
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 1400
  • Front: 61
  • General Features: Deck, Laundry in Unit, Patio
  • Grid: O5
  • Legal Description: Per Title
  • Lvt Date: 04/26/2021
  • Rear: 61
  • Side 1: 132
  • Side 2: 132
  • Style: 1 Story
  • Type: 2 Units
  • Total Assessed Value: 29184
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 2
  • Number Of Units In Bldg: 2
  • Potential Income: 25000
  • Agent Only_ L A1 User Code: 10340
  • Elementary School: Oregon Elementary
  • Estimated Total Finished Sq Ft: 1400
  • Hold Earnest Money Y N: No
  • Pertinent Facts: DUPLEX FOR SALE! This two unit home is located near down town Oregon has and is ready to be rented as a duplex! There is a two bedroom unit downstairs and two bedroom upstairs as well. Both have 1 full bath, full kitchen, in unit laundry and are separate heating and cooling. Many updates were done to this property in 2016: 2 Central Air units, 2 Furnaces, roof, plumbing, updated bathrooms and exterior paint. There is also off street parking, a storage shed and fenced yard. Not interested in renting as a duplex, this property currently serves as an AirBnb with nearly $25,000 is gross rentals! Option to purchase as a fully furnished Airbnb is $119,000.
  • Designated Managing Broker Y N: Yes
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Separate Water Y N: Yes
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: Yes
  • Washer Dryer: Yes
  • L O1 Brokerage Number: 478026891
  • S O1 Brokerage Number: 477010941
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Sq Ft: 69.64
  • Basement: Yes

Exterior Features

  • Exterior: Wood
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 3

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Sewer: City
  • Water: City
  • Water Heater: Gas
  • Separate Utilities: Yes

Schools

  • School District: Oregon 220
  • Elementary School: Oregon Elementary
  • Middle School: Oregon
  • High School: Oregon High

Tax Info

  • Year: 2019
  • Taxes: 1016

MLS Schools

  • HighSchool: Oregon High
  • School District: Oregon 220
  • Middle School: Oregon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2021
Closed on
Jul 7, 2021
Sold by
Sitze Aaron and Sitze Christina
Bought by
Ferb Kathryn Anne
Seller's Agent
Rebecca Hazzard
Re/Max of Rock Valley
Buyer's Agent
Sharon Bowers
Re/Max Professional Advantage
List Price
$119,000
Sold Price
$97,500
Premium/Discount to List
-$21,500
-18.07%
Current Estimated Value
$143,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,202
Avg. Annual Appreciation
10.71%

Purchase Details

Listed on
Jan 21, 2016
Closed on
May 12, 2016
Sold by
Springer Andrea J
Bought by
Sitze Aaron and Sitze Christina
Seller's Agent
Rebecca Hazzard
RE/MAX of Rock Valley
Buyer's Agent
Rebecca Hazzard
RE/MAX of Rock Valley
List Price
$39,000
Sold Price
$7,500
Premium/Discount to List
-$31,500
-80.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
64.39%
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Ferb Kathryn Anne $97,500 None Available
Sitze Aaron $3,753 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2021 07/07/21 Sold $97,500 -11.4% $70 / Sq Ft
06/16/2021 06/16/21 Pending -- -- --
05/28/2021 05/28/21 Price Changed $110,000 -7.6% $79 / Sq Ft
04/26/2021 04/26/21 For Sale $119,000 +1486.7% $85 / Sq Ft
05/12/2016 05/12/16 Sold $7,500 0.0% $5 / Sq Ft
05/12/2016 05/12/16 Sold $7,500 -80.8% --
04/12/2016 04/12/16 Pending -- -- --
03/30/2016 03/30/16 Pending -- -- --
01/21/2016 01/21/16 For Sale $39,000 -43.5% --
02/17/2015 02/17/15 For Sale $69,000 -- $46 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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 $4,046 $40,286 $6,456 $33,830
2023 $3,559 $35,709 $5,419 $30,290
2022 $3,408 $33,052 $5,016 $28,036
2021 $3,215 $30,840 $4,680 $26,160
2020 $1,027 $9,728 $4,472 $5,256
2019 $1,017 $9,680 $4,450 $5,230
2018 $966 $9,263 $4,258 $5,005
2017 $962 $9,263 $4,258 $5,005
2016 $920 $8,939 $4,109 $4,830
2015 $1,516 $21,491 $4,254 $17,237
2014 $1,551 $21,491 $4,254 $17,237
2013 $1,560 $22,561 $4,466 $18,095
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202101752

NorthWest Illinois Alliance of REALTORS®

APN: 16-04-428-002