NOT LISTED FOR SALE

410 N Sheldon St Rantoul, IL 61866

Estimated Value: $154,403 - $267,000

10 Beds
10 Baths
-- Sq Ft
9,148 Sq Ft Lot

Last Sold February 12, 2018

Last sale price $90,000

Est. 89% increase in value since last sale

Current estimated payment $1,271/month

162 Days on Market

About This Home

As of February 2018

Subject property is located in east-central Rantoul within a primarily residential neighborhood. The property includes two structures. At the front of the site along Sheldon Street is a 1108 sq ft masonry com'l building. It is used as storage at present but was once a copy shop/office. The rear bldg is a 3,244 sq ft, six unit multi-famiy apartment building. Each unit contains 1 bdrm, 1 bath with estimated 469 sq foot. Common interior hall and staircase. Mechanical room. Some improvements over last few years were: vinyl siding, some windows, asphalt shingle roof, and some carpet. Units are heated by a central boiler, water and garbage paid by landlord. Each unit is metered separately for electrical. Some tenants been there for several years. Sprinkler in furnace room. Eqress windows were added on lower level. Age of building unknown. Some information marked as 0 until correct information received from seller. We are also checking on the age of the building.

Last Agent to Sell the Property

Kaye Harper

Lenington Realty License #475129422 Listed on: 08/08/2017

Lenington Realty

Last Buyer's Agent

Joe Zalabak

KELLER WILLIAMS-TREC License #475151471

KELLER WILLIAMS-TREC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,706

Lot Details

  • Lot Dimensions are 48x150x98x35x50x115

Home Design

  • Wood Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Storage Room

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Bathrooms

Utilities

  • Heating System Uses Gas
  • 100 Amp Service

Community Details

  • 6 Units
  • Gross Income $25,860

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,706

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 2
  • Built Before 1978 (Y/N): No
  • Legal Description: SEC 35 TWP 22 PROP CODE 3000 DOC # 2003R36964
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 10
  • Total Bedrooms: 10
  • Misc Inside: Storage Inside
  • Room: 3
  • Room: 3
  • Room: 0

Exterior Features

  • Construction Materials: Wood Frame
  • List Price: 110500
  • Exterior Building Type: Vinyl Siding
  • Roof Structure: Other

Utilities

  • Electric: Service - 101 to 200 Amps
  • Utilities: Water-Municipal, Sewer-Storm Available
  • Heat/Ventilation: Gas

Fee Information

  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 48X150X98X35X50X115
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Board Number: 22

Multi Family

  • GrossIncome: 25860
  • NumberOfUnitsTotal: 6
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 3705.88
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2017
Closed on
Feb 12, 2018
Sold by
Zerck Holdings Inc
Bought by
Jake Of All Trades Construction Llc
Seller's Agent
Kaye Harper
Lenington Realty
Buyer's Agent
Joe Zalabak
KELLER WILLIAMS-TREC
List Price
$129,900
Sold Price
$90,000
Premium/Discount to List
-$39,900
-30.72%
Current Estimated Value
$170,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,288
Avg. Annual Appreciation
11.98%
Original Mortgage
$72,000
Outstanding Balance
$21,982
Interest Rate
4.75%
Mortgage Type
Commercial
Estimated Equity
$188,720

Purchase Details

Closed on
Aug 13, 2003
Sold by
Garrison Robert and Garrison Bob B
Bought by
Zerck Holdings Inc

Purchase Details

Closed on
Nov 25, 1997
Sold by
Briere Jack William and Luna June Florence
Bought by
Garrison Bob B
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Jake Of All Trades Construction Llc $90,000 Attorney
Zerck Holdings Inc $83,000 Allied Title Services
Garrison Bob B $78,500 Allied Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jake Of All Trades Construction Llc $72,000
Previous Owner Zerck Holdings Inc $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2018 02/12/18 Sold $90,000 -18.6% --
01/17/2018 01/17/18 Pending -- -- --
11/14/2017 11/14/17 Price Changed $110,500 -14.9% --
08/08/2017 08/08/17 For Sale $129,900 -- --
Source: Midwest Real Estate Data (MRED)

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 $4,117 $45,810 $11,310 $34,500
2023 $4,117 $40,870 $10,090 $30,780
2022 $3,852 $36,490 $9,010 $27,480
2021 $3,691 $34,070 $8,410 $25,660
2020 $3,420 $32,920 $8,130 $24,790
2019 $3,279 $31,620 $7,810 $23,810
2018 $3,485 $30,000 $7,410 $22,590
2017 $3,781 $31,500 $7,200 $24,300
2016 $3,706 $31,500 $7,200 $24,300
2015 $3,687 $31,500 $7,200 $24,300
2014 $3,625 $31,500 $7,200 $24,300
2013 $3,605 $32,210 $7,360 $24,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09716520

Midwest Real Estate Data (MRED)

APN: 20-03-35-376-001