NOT LISTED FOR SALE

501 W Adams St Macomb, IL 61455

Estimated Value: $64,000 - $106,257

4 Beds
2 Baths
1,320 Sq Ft
$58/Sq Ft Est. Value

Last Sold August 24, 2020

Last sale price $57,525 $44 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $485/month

345 Days on Market

About This Home

As of August 2020

THIS STUDENT RENTAL LOCATED CLOSE TO WIU HAS FOUR TO FIVE BEDROOMS, TWO BATHS AND LOCATED ON A CORNER LOT.CURRENTLY THIS HOME IS CURRENTLY RENTED WITH LEASE ENDING JUNE 30, 2020, GREAT INCOME PROPERTY OR HOUSE FOR YOUR STUDENT COMING TO WIU... (SOLD - 8-24-20 - STC TO WIU)

Last Agent to Sell the Property

Steve Silberer

C21 Purdum-Epperson Inc License #471004172 Listed on: 04/09/2019

Last Buyer's Agent

Steve Silberer

C21 Purdum-Epperson Inc License #471004172 Listed on: 04/09/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,654

Year Built

  • Built in 1940

Lot Details

  • 4,792

Interior Spaces

  • 2-Story Property
  • Finished Basement
  • Partial Basement

Schools

  • Macomb High School

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,654

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story
  • Legal Description: NE COR PT LOTS 1&2 LAWRENCES SUB
  • Lvt Date: 04/14/2019
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, Partial
  • Price Per Sq Ft: 43.58
  • Total Sq Ft: 1320

Exterior Features

  • Exterior: Brick Partial
  • Road Access: Curbs & Gutters
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Detached
  • Number Parking Spaces: 3

Utilities

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

Schools

  • High School: Macomb
  • High School: Macomb

Lot Info

  • Estimated Lot Size: 65X75
  • Lot Description: Level
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: All Utilities
  • Gross Annual Rent Income: 12000
  • Lease Information: Various Terms

Tax Info

  • Annual Taxes: 2653.98
  • Parcel Id Number Tax Id: 11-100-655-00
  • Tax Year: 2018

Multi Family

  • Total Number Units: 1
  • Gross Annual Income: 12000
  • Total Number Central Air Units: 1
  • 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

Closed on
May 4, 2020
Sold by
Collins Scott R
Bought by
Western Illinois University Foundation
Total Days on Market
345
Current Estimated Value
$76,814
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Western Illinois University Foundation $350,250 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Collins Scott R $22,800
Previous Owner Collins Scott R $967,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2020 08/24/20 Sold $57,525 -4.0% $44 / Sq Ft
03/19/2020 03/19/20 Pending -- -- --
04/09/2019 04/09/19 For Sale $59,900 -- $45 / 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 -- $585 $585 $0
2023 -- $585 $585 $0
2022 $0 $585 $585 $0
2021 $2,181 $585 $585 $0
2020 $2,181 $21,658 $2,229 $19,429
2019 $2,174 $19,966 $2,291 $17,675
2018 $2,654 $25,472 $5,312 $20,160
2017 $2,589 $25,472 $5,312 $20,160
2016 $2,487 $25,203 $5,256 $19,947
2015 $2,447 $24,627 $5,136 $19,491
2014 $2,404 $24,258 $5,059 $19,199
2013 $2,347 $24,258 $5,059 $19,199
Source: Public Records

Agents Affiliated with this Home

  • Steve Silberer

    Seller's Agent in 2020

    Steve Silberer

    C21 Purdum-Epperson Inc

    (309) 255-3968

    386 Total Sales

    Steve Silberer
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Map

Source: RMLS Alliance

MLS Number: RMAPA1203698

RMLS Alliance

APN: 11-100-655-00

Illinois Mcdonough County Macomb 61455

501 W Adams St, Macomb, IL

This home is located at 501 W Adams St, Macomb, IL 61455 since 09 April 2019 and is currently estimated at $76,814, approximately $58 per square foot. This property was built in 1940. 501 W Adams St is a home located in McDonough County with nearby schools including Lincoln Elementary School, Edison Elementary School, and Macomb Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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