NOT LISTED FOR SALE

4069 E 1553rd Rd Earlville, IL 60518

Estimated Value: $192,000 - $321,992

8 Beds
4 Baths
-- Sq Ft
55,757 Sq Ft Lot

Sale Details

Date Sold: June 30, 2017

Last sale price $160,000

Est. 66% increase in value since last sale

Current estimated payment $1,822 / mo

236 Days on Market

Highlights

  • Wooded Lot
  • 4 Car Detached Garage
  • Entrance Foyer
  • Traditional Architecture
  • Garage ceiling height seven feet or more
  • Shed

About This Home

As of June 2017

INVESTMENT INCOME!! THREE SOURCES OF INCOME!Country living in a 4 unit apartment with large pole building, both of which creates income. Great investment property. Plenty of room for parking and all units have been updated. Each unit has 2 bedrooms, 1 bath & includes stove & fridge. Owner requires 1 year lease then month to month. Newer roof in 2015, Siding in 2007, and in the pole building is a Coin Operated Laundry added in 2015. Tenants pay their own gas, heat & electric. Private well & septic on the property. Newer 4 stall garage rents for $100/month each adding additional rental income. Third source of income is from the coin laundry. This property is located in Harding, but with Earlville address. Minutes from downtown Earlville and Ottawa. One apt. available for rent at $550, others available soon.

Last Agent to Sell the Property

Alice Green

Starved Rock Realty Listed on: 09/27/2016

Last Buyer's Agent

James Rice

Washington Square, Realtors License #475121790

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,478

Year Built

  • Built in 1960

Lot Details

  • 1.28 Acre Lot
  • Lot Dimensions are 236 x 236
  • Paved or Partially Paved Lot
  • Wooded Lot

Parking

  • 4 Car Detached Garage
  • Garage ceiling height seven feet or more
  • Off-Street Parking
  • Parking Included in Price
  • Unassigned Parking

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Metal Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Entrance Foyer
  • Crawl Space
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Shed

Schools

  • Harding Grade Elementary And Middle School
  • Serena High School

Utilities

  • Heating System Uses Natural Gas
  • Well
  • Water Softener Leased
  • Private or Community Septic Tank

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,478

Year Built

Built in 1960

Lot Details

1.28 Acres

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Year Built: 1960
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Other Equipment: Water-Softener Rented, CO Detectors, Ceiling Fan(s)
  • Room Type: Foyer
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Lot Features: Wooded
  • OtherStructures: Shed(s)
  • Roof: Asphalt, Metal
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Unassigned, Off Street
  • ParkingTotal: 12
  • Garage Details: 7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Septic-Private
  • Heating: Natural Gas
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Street Paved

Schools

  • Elementary School: HARDING GRADE SCHOOL
  • High School: SERENA HIGH SCHOOL
  • Middle/Junior School: HARDING GRADE SCHOOL

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 1.28
  • Lot Dimensions: 236 X 236
  • Zoning: MULTI
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 18
  • Is Parking Included in Price: Yes
  • TenantPays: Electric,Gas,Heat

Tax Info

  • Tax Annual Amount: 3477.7
  • Tax Year: 2015
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

MLS Schools

  • Othr Public Sch: IVCC

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2025
Sold by
L K Acquisitions Llc
Bought by
Lewis Michael E
Current Estimated Value
$265,998

Purchase Details

Listed on
Sep 27, 2016
Closed on
Jun 30, 2017
Sold by
Adams Reid G
Bought by
Lewis Michael E
Seller's Agent
Alice Green
Starved Rock Realty
Buyer's Agent
James Rice
Washington Square, Realtors
List Price
$165,900
Sold Price
$160,000
Premium/Discount to List
-$5,900
-3.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.96%
Original Mortgage
$128,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2012
Sold by
Adams Roberta L
Bought by
Adams Reid G

Purchase Details

Closed on
Aug 18, 2006
Sold by
Elliotland Thomas J and Elliot Christine M
Bought by
Adams Reid and Adams Roberta L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,250
Interest Rate
6.88%
Mortgage Type
New Conventional
Source: Public Records

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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Purchase History

Date Buyer Sale Price Title Company
Lewis Michael E -- None Available
Lewis Michael E $160,000 --
Adams Reid G -- None Available
Adams Reid $187,000 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lewis Michael E $128,000
Previous Owner Adams Reid $140,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2017 10/02/17 Off Market $160,000 -- --
06/30/2017 06/30/17 Sold $160,000 -3.6% --
05/21/2017 05/21/17 Pending -- -- --
05/08/2017 05/08/17 For Sale $165,900 0.0% --
05/08/2017 05/08/17 Price Changed $165,900 +3.7% --
03/31/2017 03/31/17 Off Market $160,000 -- --
11/23/2016 11/23/16 Price Changed $169,000 -2.9% --
09/27/2016 09/27/16 For Sale $174,000 -- --
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 $4,821 $73,839 $12,377 $61,462
2023 $4,475 $65,223 $10,933 $54,290
2022 $4,359 $60,830 $10,696 $50,134
2021 $4,183 $57,610 $10,130 $47,480
2020 $4,162 $57,610 $10,130 $47,480
2019 $4,163 $57,610 $10,130 $47,480
2018 $4,212 $57,610 $10,130 $47,480
2017 $3,782 $52,225 $9,183 $43,042
2016 $3,527 $48,182 $8,472 $39,710
2015 $3,478 $45,731 $8,041 $37,690
2012 -- $49,411 $8,688 $40,723
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09354589

Midwest Real Estate Data (MRED)

APN: 08-11-102000

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