$250,000

417 E Orange St Geneseo, IL 61254

Estimated payment $1,634/month

Total Views 5,276
-- Bed
-- Bath
2,703 Sq Ft
$92 Price per Sq Ft

About This Home

Don't miss this opportunity to own a 5-unit apartment in a great neighborhood near downtown Geneseo! This complex is fully occupied. Two storage units are currently vacant and advertised at $100 & $50 per month. Located near downtown Geneseo. Five separate furnaces, separate meters, and appliances are included. Laundry hookups in the basement. Lease information is available upon request. 24 hours' notice is required for showings. Agent has ownership interest in property and is related to the seller.

Listing Agent

Emilie Lawrence

Epique Realty License #S69435000/475.197024 Listed on: 10/24/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,915

Year Built

  • Built in 1919

Home Design

  • 2,703 Sq Ft Home

Additional Features

  • Lot Dimensions are 65x129
  • Separate Meters

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $225
  • Fuel Expense $225
  • Maintenance Expense $1,700
  • Water Sewer Expense $450
  • Operating Expense $4,244
  • Gross Income $70,800
  • Net Operating Income $62,641

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,915

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Year Built: 1919
  • Built Before 1978 (Y/N): Yes
  • Legal Description: Lt 6 & Vac Alley N & Adj Blk 2 Allens Add
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Active
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Vinyl Siding

Utilities

  • Electric: Separate Meters

Fee Information

  • Water Sewer Expenses: 450

Lot Info

  • Lot Dimensions: 65x129
  • Property Offered: For Sale Only

Building Info

  • BuildingAreaTotal: 2703

Rental Info

  • Board Number: 30

Multi Family

  • Net Operating Income: 62641
  • Fuel Expense: 225
  • ElectricExpense: 225
  • GrossIncome: 70800
  • Maintenance Expense: 1700
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 4244

Tax Info

  • Tax Annual Amount: 3915

Map

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

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 $3,896 $47,937 $2,857 $45,080
2023 $3,802 $47,937 $2,857 $45,080
2022 $3,896 $47,937 $2,857 $45,080
2021 $3,916 $47,937 $2,857 $45,080
2020 $3,776 $46,882 $2,794 $44,088
2019 $3,783 $47,937 $2,857 $45,080
2018 $3,797 $47,937 $2,857 $45,080
2017 $2,887 $37,779 $2,857 $34,922
2016 $2,644 $32,315 $2,721 $29,594
2015 $2,450 $32,315 $2,721 $29,594
2013 $2,450 $32,315 $2,721 $29,594
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/24/2024 10/24/24 For Sale $250,000 +72.4% $92 / Sq Ft
06/16/2017 06/16/17 Sold $145,000 -9.4% $54 / Sq Ft View Prior Sale
05/04/2017 05/04/17 Pending -- -- --
03/20/2017 03/20/17 For Sale $160,000 -- $59 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $133,500 Gomez May Llp
Warranty Deed $145,000 Western Illinois Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $251,600 New Conventional
Previous Owner $135,000 Commercial
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: QC4257751

Midwest Real Estate Data (MRED)

APN: 08-16-458-008