NOT LISTED FOR SALE

410 Frorer Ave Unit 2 Lincoln, IL 62656

2 Beds
2 Baths
1,248 Sq Ft
8,712 Sq Ft Lot

Last Sold December 09, 2022

Last sale price $85,000 $68 Per Sq Ft

1 Day on Market

About This Home

As of December 2022

LIVE IN ONE SIDE & COLLECT RENT ON THE OTHER!! 414 Frorer was the residence of the Seller's Mother, therefore minimum rent was collected ~ Each unit has 632 sq. ft with Liv. Rm @ 14.4 x 13.8, with Carpet, Bdrm 11.10 x 10.2, with Carpet, Laundry 10.3 x 8. with Vinyl & Kitchen 9.5 x 9 with Vinyl ~ The units have been well cared for ~ The current long term renter in #410 has overseen the property for the owner and would like to stay if possible. Unit #410 also contains a washer/dryer which stays with the property along with the stove & refrigerator & some window coverings. Unit #414 contains a range, refrigerator, microwave and all window coverings ~NOTE: Appliances are in working order but are "AS IS", not warranted ~ Improvements storm doors in 2021, exterior paint in 2017 ~ Storage shed stays with the property

Last Agent to Sell the Property

Linda Barrick

IN BETWEEN OFFICES License #475102367 Listed on: 11/29/2022

Co-Listed By

Brian Carlin

Jim Maloof Realty, Inc. License #475104150

Last Buyer's Agent

Seth Goodman

ME Realty License #475126097

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,594

Year Built

  • Built in 1975

Lot Details

  • 8,712

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Schools

  • Lincoln Comm District #404 High School

Listing and Financial Details

  • Tenant pays for all utilities, garbage collection, lawn care, sewer, snow removal, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,594

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 1 Story | Duplex/Side by Side
  • Legal Description: Lot 14 & SE 18 Ft Lot 15 Block 12 Harts & Frorer's 3rd Addn to Lincoln
  • Lvt Date: 11/29/2022
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dryers: 1
  • Number of Ranges: 2
  • Number Refrigerators: 2
  • Number Washers: 1
  • Basement: Crawl Space, Full
  • Price Per Sq Ft: 68.11
  • Total Sq Ft: 1248

Exterior Features

  • Exterior: Brick, Wood Siding
  • Road Access: Alley, Curbs & Gutters, Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: On-Street Parking

Utilities

  • Heating Cooling: Baseboard, Electric, Central Air, Water Heater - Electric
  • Water Sewer: Public Sewer, Public Water
  • Laundry Facilities: Owned Equipment, Units Hook-Ups

Schools

  • Elementary School: Lincoln Elementary School District #27
  • High School: Lincoln Comm District #404

Lot Info

  • Estimated Lot Size: 58 x 150
  • Estimated Number of Acres: 0.2
  • Lot Description: Level, Terraced
  • Zoning: Residential
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: All Utilities, Garbage Collection, Lawn Care, Sewer, Snow Removal, Water
  • Gross Annual Rent Income: 7100
  • Lease Information: Month-To-Month

Tax Info

  • Annual Taxes: 2594.06
  • Parcel Id Number Tax Id: 08-293-034-00
  • Tax Year: 2021

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 7100
  • Total Number Central Air Units: 2
  • Total Number Electric Meters: 2
  • Total Number Heating Units: 2
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 2

MLS Schools

  • Middle School: Lincoln

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
12/09/2022 12/09/22 Sold $85,000 -2.3% $68 / Sq Ft
11/30/2022 11/30/22 Pending -- -- --
11/29/2022 11/29/22 For Sale $87,000 -- $70 / Sq Ft
Source: RMLS Alliance

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMACA1019411

RMLS Alliance