NOT LISTED FOR SALE

424 W Chandler St Macomb, IL 61455

Estimated Value: $46,000 - $52,000

2 Beds
1 Bath
725 Sq Ft
$67/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $34,600 $48 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $318/month

78 Days on Market

About This Home

As of July 2019

THIS 2 BEDROOM RENTAL LOCATED CLOSE TO WIU IS CURRENTLY LEASED UNTIL JULY 31, 2020 WITH INCOME OF $600 A MONTH. NICE COVERED PATIO AREA AND ONE CAR GARAGE. GREAT INCOME PROPERTY FOR YOU PORTFOLIO...

Last Agent to Sell the Property

Steve Silberer

C21 Purdum-Epperson Inc License #471004172 Listed on: 03/26/2019

Last Buyer's Agent

Steve Silberer

C21 Purdum-Epperson Inc License #471004172 Listed on: 03/26/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,426

Year Built

  • Built in 1920

Lot Details

  • 6,534

Interior Spaces

  • 1-Story Property
  • Partial Basement

Schools

  • Macomb High School

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,426

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 1 Story
  • Legal Description: E 1/2 S 110' SUBLOT 1 LOT 40 CHANDLERS ADD
  • Lvt Date: 03/28/2019
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Price Per Sq Ft: 47.72
  • Total Sq Ft: 725

Exterior Features

  • Exterior: Vinyl Siding
  • Road Access: Curbs & Gutters

Garage/Parking

  • Garage Parking: Detached
  • Number Parking Spaces: 3

Utilities

  • Heating Cooling: Gas
  • Water Sewer: Public Sewer, Public Water

Schools

  • High School: Macomb
  • High School: Macomb

Lot Info

  • Estimated Lot Size: 57X110
  • Lot Description: Sloping
  • Subdivision: Chandler
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: All Utilities
  • Gross Annual Rent Income: 7200
  • Lease Information: Various Terms

Tax Info

  • Annual Taxes: 1425.86
  • Parcel Id Number Tax Id: 11-100-362-00
  • Tax Year: 2018

Multi Family

  • Total Number Units: 1
  • Gross Annual Income: 7200
  • Total Number Electric Meters: 1
  • Total Number Gas Meters: 1
  • Total Number Heating Units: 1
  • Total Number Water Heaters: 1
  • Total Number Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2019
Closed on
Jul 25, 2019
Sold by
Collins Scott R and Stc Investments
Bought by
Balck Mark Llc
Seller's Agent
Steve Silberer
C21 Purdum-Epperson Inc
Buyer's Agent
Steve Silberer
C21 Purdum-Epperson Inc
List Price
$44,900
Sold Price
$34,600
Premium/Discount to List
-$10,300
-22.94%
Total Days on Market
78
Current Estimated Value
$48,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,733
Avg. Annual Appreciation
5.75%
Original Mortgage
$41,000
Interest Rate
5%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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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
Balck Mark Llc $34,600 Terrill Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Balck Mark Llc $41,000
Previous Owner Collins Scott R $22,800
Previous Owner Collins Scott R $852,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2019 07/31/19 Sold $34,600 -22.9% $48 / Sq Ft
06/12/2019 06/12/19 Pending -- -- --
03/26/2019 03/26/19 For Sale $44,900 -- $62 / Sq Ft
Source: RMLS Alliance

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 $1,721 $13,778 $778 $13,000
2023 $1,721 $13,778 $778 $13,000
2022 $1,578 $13,350 $754 $12,596
2021 $1,514 $13,350 $754 $12,596
2020 $1,495 $15,337 $2,020 $13,317
2019 $1,490 $13,685 $2,076 $11,609
2018 $1,426 $13,685 $2,076 $11,609
2017 $1,391 $13,685 $2,076 $11,609
2016 $1,336 $13,540 $2,054 $11,486
2015 $1,315 $13,230 $2,007 $11,223
2014 $1,291 $13,032 $1,977 $11,055
2013 $1,261 $13,032 $1,977 $11,055
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAPA1203066

RMLS Alliance

APN: 11-100-362-00