NOT LISTED FOR SALE

504 S 9th St Oregon, IL 61061

13 Beds
6 Baths
4,368 Sq Ft
0.4 Acres

Last Sold October 16, 2017

Last sale price $190,000 $43 Per Sq Ft

432 Days on Market

Highlights

  • Baseboard Heating
  • Oregon High School Rated 9+
  • Wood Siding

About This Home

As of October 2017

6 family multi-unit with excellent cash flow. Newer updates include roof, gutters & downspouts, oak kitchen & baths. Loads of room in all apartments, great location close to schools & rec center. Off street parking, excellent tenant history. Here is your chance to own your own business in a peaceful residential district. This is a rare opportunity in Oregon, IL - Monthly income: $3300, Annual income: $39,600. ** 2 bedroom units monthly rent range $450-$550 **

Last Agent to Sell the Property

Carla Benesh

Re/Max of Rock Valley License #471010258 Listed on: 07/11/2016

Last Buyer's Agent

Carla Benesh

Re/Max of Rock Valley License #471010258 Listed on: 07/11/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,705

Year Built

  • Built in 1960

Lot Details

  • 0.4

Parking

  • 12 Car Parking Spaces

Home Design

  • Shingle Roof
  • Wood Siding
  • Siding

Interior Spaces

  • 4,368 Sq Ft Home
  • 2-Story Property
  • Stove

Schools

  • Oregon Elementary School
  • David L Rahn Jr High Middle School
  • Oregon High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Separate Meters
  • Electric Water Heater

Community Details

  • 6 Units
  • 2-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,705

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 4368
  • Front: 132
  • Legal Description: LOTS 3 & 4 BLK 5 COMMERCIAL ADD CITY OF OREGON
  • Lvt Date: 07/11/2016
  • Rear: 132
  • Side 1: 132
  • Side 2: 132
  • Style: 2 Story
  • Type: 5+ Units
  • Total Assessed Value: 37264
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 6
  • Number Of Units In Bldg: 6
  • Other Yr: 780
  • Utilities Yr: 1500
  • Agent Only_ L A1 User Code: 3222
  • Elementary School: Oregon Elementary
  • Pertinent Facts: 6 family multi-unit with excellent cash flow. Newer updates include roof, gutters & downspouts, oak kitchen & baths. Loads of room in all apartments, great location close to schools & rec center. Off street parking, excellent tenant history. Here is your chance to own your own business in a peaceful residential district. This is a rare opportunity in Oregon, IL - Monthly income: $3300, Annual income: $39,600. ** 2 bedroom units monthly rent range $450-$550 **
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Exterior: Siding, Wood
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 12

Utilities

  • Cooling: Wall Unit
  • Heating: Baseboard, Electric
  • Sewer: City
  • Water: City
  • Water Heater: Electric
  • Separate Utilities: Yes

Building Info

  • Year Built: 1960

Tax Info

  • Year: 2016
  • Taxes: 3705

MLS Schools

  • HighSchool: Oregon High
  • School District: Oregon 220
  • Middle School: David L Rahn Jr High

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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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
10/16/2017 10/16/17 Sold $190,000 -40.4% $43 / Sq Ft
09/16/2017 09/16/17 Pending -- -- --
07/11/2016 07/11/16 For Sale $319,000 -- $73 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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 $8,692 $86,538 $5,614 $80,924
2023 $8,032 $80,583 $5,228 $75,355
2022 $7,690 $74,586 $4,839 $69,747
2021 $7,255 $69,596 $4,515 $65,081
2020 $7,022 $66,510 $4,315 $62,195
2019 $6,951 $66,180 $4,294 $61,886
2018 $6,604 $63,330 $4,109 $59,221
2017 $3,874 $37,304 $4,258 $33,046
2016 $3,705 $35,997 $4,109 $31,888
2015 $3,647 $37,264 $4,254 $33,010
2014 $3,663 $37,264 $4,254 $33,010
2013 $3,640 $39,119 $4,466 $34,653
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201604201

NorthWest Illinois Alliance of REALTORS®