NOT LISTED FOR SALE

511 N Illinois St Belleville, IL 62220

Estimated Value: $88,000 - $123,000

Studio
-- Bath
2,598 Sq Ft
$39/Sq Ft Est. Value

Last Sold May 03, 2024

Last sale price $75,000 $29 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $629/month

24 Days on Market

Highlights

  • Cooling Available
  • Forced Air Heating System
  • 5-minute walk to Belleville Skate Board Park

About This Home

As of May 2024

2 story home converted into 2 apartments. Unit A is on the front of the building and has 2 stories. Unit A is 3 bedrooms, 2 baths with period details and is spacious. Unit A has a lease in place. Unit C is in the rear of the building with 1 bedroom, 1 bathroom, 1 story. Unit C has a month-to-month long term tenant in place. Plenty of parking at the rear of the building.

Last Agent to Sell the Property

Judy Fruth-Long

RE/MAX Results Realty License #471.019140 Listed on: 04/01/2024

RE/MAX Results Realty

Last Buyer's Agent

Jessica Gratzl

Keller Williams Pinnacle License #475160805

Keller Williams Pinnacle

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,410

Year Built

  • Built in 1877

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50x154

Home Design

  • 2,598 Sq Ft Home

Parking

  • Gravel Driveway
  • Off-Street Parking

Schools

  • Belleville Dist 118 Elementary And Middle School
  • Belleville High School-West

Utilities

  • Cooling Available
  • Forced Air Heating System

Community Details

  • Net Operating Income $1,824

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 08-21.0-408-020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,410

Year Built

Built in 1877

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1877
  • Property Sub-Type: Multi-Family 2-4
  • Lot Size Acres: 0.18
  • Co List Office Phone: 2164400
  • Subdivision Name: Flanagan & Kraffts Add
  • Above Grade Finished Sq Ft: 2598
  • Age: 147
  • Total Expenses: 12156.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Disclosures: Unknown, Occupancy Perm Req, Sellers Discl. Avail

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • Driveway: Gravel

Utilities

  • Sewer: Public Sewer
  • Cooling: Electric
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Elementary School: BELLEVILLE DIST 118
  • Junior High Dist: Belleville DIST 118
  • High School: Belleville High School-West
  • Middle Or Junior School: BELLEVILLE DIST 118

Lot Info

  • Lot Dimensions: 50x154
  • Lot Size Sq Ft: 7841
  • Parcel Number: 08-21.0-408-020

Rental Info

  • Tenant Pays: Electricity
  • Lease Term: Leases,Month To Month

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3410

Multi Family

  • Net Operating Income: 1824
  • Type Of Units: 2-Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2025
Sold by
Randolph Andrew and Randolph Kither
Bought by
Randolph Properties-Belleville Llc
Current Estimated Value
$101,764

Purchase Details

Listed on
Apr 1, 2024
Closed on
May 7, 2024
Sold by
Baxter Real Estate Llc
Bought by
Randolph Andrew and Randolph Kither
Seller's Agent
Judy Fruth-Long
RE/MAX Results Realty
Buyer's Agent
Jessica Gratzl
Keller Williams Pinnacle
List Price
$75,000
Sold Price
$75,000
Views
35

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.41%
Original Mortgage
$56,250
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 17, 2020
Closed on
Jun 4, 2020
Sold by
Serene Futures Llc
Bought by
Baxter Real Estate Llc
Seller's Agent
Christopher Mendola
Christone Enterprises, Inc.
Buyer's Agent
Christopher Mendola
Christone Enterprises, Inc.
Sold Price
$775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.49%
Original Mortgage
$43,500
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 16, 2007
Sold by
Bollmeier James W
Bought by
Serene Futures Llc

Purchase Details

Closed on
Nov 1, 2007
Sold by
The Bank Of New York Trust Co Na
Bought by
Bollmeier James W

Purchase Details

Closed on
Jun 14, 2007
Sold by
Allen Geri R
Bought by
The Bank Of New York Trust Co Na and Lpmorgan Chase Bank Na

Purchase Details

Closed on
Jul 16, 2002
Sold by
Blankenship Clyde E and Blankenship Vivian M
Bought by
Allen Geri R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
9.99%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Randolph Properties-Belleville Llc -- None Available
Randolph Andrew $75,000 Town & Country Title
Baxter Real Estate Llc $54,500 Accommodation
Serene Futures Llc -- None Available
Bollmeier James W $17,500 Fatic
The Bank Of New York Trust Co Na -- None Available
Allen Geri R $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Randolph Andrew $56,250
Previous Owner Baxter Real Estate Llc $43,500
Previous Owner Allen Geri R $48,000
Closed Allen Geri R $12,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/13/2024 05/13/24 Pending -- -- --
05/03/2024 05/03/24 Sold $75,000 0.0% $29 / Sq Ft
04/08/2024 04/08/24 For Sale $75,000 0.0% $29 / Sq Ft
07/20/2020 07/20/20 Rented $775 0.0% --
07/14/2020 07/14/20 Under Contract -- -- --
07/07/2020 07/07/20 Price Changed $775 -13.9% $1 / Sq Ft
07/01/2020 07/01/20 For Rent $900 0.0% --
06/25/2020 06/25/20 Under Contract -- -- --
06/17/2020 06/17/20 For Rent $900 0.0% --
06/04/2020 06/04/20 Sold $54,500 -12.1% $21 / Sq Ft View Prior Sale
09/30/2019 09/30/19 Price Changed $62,000 -4.6% $24 / Sq Ft
09/03/2019 09/03/19 Price Changed $65,000 0.0% $25 / Sq Ft
09/03/2019 09/03/19 For Sale $65,000 +19.3% $25 / Sq Ft
08/31/2019 08/31/19 Off Market $54,500 -- --
07/31/2019 07/31/19 Price Changed $68,000 -6.8% $26 / Sq Ft
06/18/2019 06/18/19 Price Changed $73,000 -6.4% $28 / Sq Ft
03/01/2019 03/01/19 Price Changed $78,000 0.0% $30 / Sq Ft
03/01/2019 03/01/19 For Sale $78,000 +43.1% $30 / Sq Ft
03/01/2019 03/01/19 Off Market $54,500 -- --
09/28/2018 09/28/18 For Sale $80,000 -- $31 / Sq Ft
Source: MARIS MLS

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 $3,551 $40,379 $4,205 $36,174
2023 $3,715 $39,580 $4,122 $35,458
2022 $3,410 $35,632 $3,711 $31,921
2021 $3,284 $32,941 $3,431 $29,510
2020 $3,192 $31,152 $3,245 $27,907
2019 $2,889 $27,888 $3,413 $24,475
2018 $2,825 $27,285 $3,339 $23,946
2017 $2,803 $27,093 $3,315 $23,778
2016 $2,768 $26,518 $3,245 $23,273
2014 $1,745 $18,876 $4,939 $13,937
2013 $1,727 $19,146 $5,010 $14,136
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS24019100

MARIS MLS

APN: 08-21.0-408-020