$190,000
SOLD SEP 12, 2024

504 S Spruce St Villa Grove, IL 61956

8 Beds
4 Baths
-- Sq Ft
9,932 Sq Ft Lot

Recently Sold

5% Below List Price

26 Days on Market

About This Home

As of September 2024

Great Investment Property, this is a 4 unit apartment building. Each unit has 2 bedrooms. Each unit brings in $600.00 per month for a total of $2400.00 each month. The apartments are all electric tenants take care all utilities other than trash. Pictures is from apartment #2. Don't miss out on this investment opportunity.

Last Agent to Sell the Property

Tina Kibler

Hillard Agency- Tuscola License #475205152 Listed on: 07/30/2024

Last Buyer's Agent

Inactive Inactive

Baird & Warner Fox Valley - Geneva

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,894

Year Built

  • Built in 1970

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 10 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Schools

  • Villa Grove Elementary School
  • Villa Grove Junior High School
  • Villa Grove High School

Additional Features

  • Lot Dimensions are 70 x 142
  • Heating Available

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,894

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1970
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: JOHNSTONS 2ND ADDN LOT 2 & N 20' LOT 3 BLK 9
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0

Exterior Features

  • List Price: 200000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 10
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Water Source: Public

Schools

  • Elementary School: Villa Grove Elementary School
  • High School: Villa Grove High School
  • Middle/Junior School: Villa Grove Junior High School
  • Middle/Junior School District: 302

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 70 X 142
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22

Tax Info

  • Tax Annual Amount: 3894.32
  • Tax Year: 2023

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2002
Current Estimated Value
$191,931
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $90,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2024 09/12/24 Sold $190,000 -5.0% --
08/25/2024 08/25/24 Pending -- -- --
07/30/2024 07/30/24 For Sale $200,000 +100.0% --
01/12/2015 01/12/15 Sold $100,000 0.0% --
12/23/2014 12/23/14 Pending -- -- --
12/23/2014 12/23/14 For Sale $100,000 -- --
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
2023 $3,894 $47,462 $1,225 $46,237
2022 $3,331 $40,525 $1,361 $39,164
2021 $3,147 $38,267 $1,285 $36,982
2020 $3,057 $36,480 $1,225 $35,255
2019 $2,991 $36,480 $1,225 $35,255
2018 $2,819 $33,864 $1,288 $32,576
2015 $2,271 $28,176 $1,225 $26,951
2014 $2,271 $26,695 $1,225 $25,470
2013 $1,982 $21,946 $1,203 $20,743
2012 $1,982 $24,138 $1,323 $22,815
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12124595

Midwest Real Estate Data (MRED)

APN: 04-03-11-119-008