506 N 17th St Belleville, IL 62226
3
Beds
--
Bath
1,865
Sq Ft
0.27
Acres
Highlights
- Detached Garage
- Forced Air Heating System
- Mini Split Air Conditioners
About This Home
As of January 2025Conveniently located near public transportation and minutes to highways this investment property houses three units, perfect for generating income, even allowing the owner to occupy a unit while paying for the mortgage. Tenants will be responsible for their own electricity as each has their own meter and utilities. Water/Sewer & Trash included in rent amounts. Some lawn care included. Garage is currently rented for $200. Garage rented by previous tenant, will hold 6 cars and has currently been used as a workshop and they maintain the yard as part of the agreement. All new flooring, paint, doors on interior, newer electric, 3 separate 100-amp services, 3 separate furnaces, newer electric, Appliances will stay... Oven and fridge in each unit. Each unit is code compliant and currently being attempted to secure tenants with lease agreements. 2 units have window A/C. Should qualify for every loan type.
Last Agent to Sell the Property
Strano & Associates License #475135463 Listed on: 11/27/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,339
Year Built
- Built in 1907
Home Design
- 1,865 Sq Ft Home
- Vinyl Siding
Parking
- Detached Garage
- Gravel Driveway
- Additional Parking
- Off-Street Parking
Schools
- Belleville Dist 118 Elementary And Middle School
- Belleville High School-West
Utilities
- Mini Split Air Conditioners
- Window Unit Cooling System
- Forced Air Heating System
- Heat Pump System
Additional Features
- 3 Bedrooms
- 0.27 Acre Lot
Listing and Financial Details
- Tenant pays for cable TV, electricity
- Assessor Parcel Number 08-21.0-111-006
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 27, 2024
Closed on
Jan 7, 2025
Sold by
Open Door Management Llc
Bought by
Jrm Investment Properties Llc
Seller's Agent
Renee Estes
Strano & Associates
Buyer's Agent
Jake Kline
eXp Realty
List Price
$184,900
Sold Price
$182,000
Premium/Discount to List
-$2,900
-1.57%
Views
25
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.30%
Original Mortgage
$145,600
Outstanding Balance
$145,298
Interest Rate
7.88%
Mortgage Type
Commercial
Estimated Equity
$34,425
Purchase Details
Closed on
Dec 13, 2023
Sold by
Jones Julie
Bought by
Open Door Management Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,250
Interest Rate
7.75%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 16, 2014
Sold by
Estate Of James Thomas
Bought by
Jones Julie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $182,000 | Advanced Title Solutions | |
| Warranty Deed | $70,000 | None Available | |
| Warranty Deed | $25,000 | Fatic |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $145,600 | Commercial | |
| Previous Owner | $89,250 | Commercial | |
| Previous Owner | $30,000 | Future Advance Clause Open End Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2025 07/11/25 | Price Changed | $210,000 | -2.3% | $113 / Sq Ft |
| 06/16/2025 06/16/25 | For Sale | $215,000 | +18.1% | $115 / Sq Ft |
| 01/07/2025 01/07/25 | Sold | $182,000 | -1.6% | $98 / Sq Ft |
| 12/06/2024 12/06/24 | Pending | -- | -- | -- |
| 11/27/2024 11/27/24 | For Sale | $184,900 | +1.6% | $99 / Sq Ft |
| 11/26/2024 11/26/24 | Off Market | $182,000 | -- | -- |
Source: MARIS MLS
Tax History Compared to Growth
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 | $3,339 | $35,567 | $6,834 | $28,733 |
| 2022 | $3,065 | $32,019 | $6,152 | $25,867 |
| 2021 | $2,951 | $29,600 | $5,687 | $23,913 |
| 2020 | $2,869 | $27,992 | $5,378 | $22,614 |
| 2019 | $2,535 | $24,471 | $5,386 | $19,085 |
| 2018 | $2,479 | $23,942 | $5,270 | $18,672 |
| 2017 | $2,460 | $23,774 | $5,233 | $18,541 |
| 2016 | $2,429 | $23,269 | $5,122 | $18,147 |
| 2014 | $2,222 | $24,028 | $6,421 | $17,607 |
| 2013 | $2,199 | $24,372 | $6,513 | $17,859 |
Source: Public Records
Agents Affiliated with this Home
-
Jake Kline
Seller's Agent in 2025
Jake Kline
eXp Realty
(618) 960-3442
27 in this area
113 Total Sales
-
Renee Estes
Seller's Agent in 2025
Renee Estes
Strano & Associates
(618) 791-1543
165 in this area
301 Total Sales
Map
Source: MARIS MLS
MLS Number: MIS24073420
APN: 08-21.0-111-006
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