$170,000
SOLD JAN 28, 2013

521 3rd St Unit 523 Lacon, IL 61540

8 Beds
4 Baths
5,400 Sq Ft
0.25 Acres

Recently Sold

$31 Per Sq Ft

15% Below List Price

About This Home

As of January 2013

This is your opportunity to invest in TWO 4-plex apartment buildings in Lacon! Each unit has two bedrooms with stove and refrigerator included. All eight units are currently rented! One year lease for new tenants, then month to month. Tenant pays electric (units have electric heat/air and electric water heaters). Roof overlay in 2004; gutters 2011, new entry doors 2011. Some newer appliances. Requires 24-hour notice for showing.

Last Agent to Sell the Property

Sheri Ford

Traders Realty Corp. License #475122077

Last Buyer's Agent

PAAR-NON RMLSA AGENT

Non-MLS License #0000000000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,882

Year Built

  • Built in 1972

Schools

  • Midland Elementary School
  • Midland High School

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric only

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,882

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Apartment Building
  • Legal Description: LOT 7 BLK 43 ORIGINAL TOWN
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Price Per Sq Ft: 31.48
  • Total Sq Ft: 5400

Exterior Features

  • Exterior: Brick Partial, Wood Siding
  • Road Access: Curbs & Gutters, Paved

Garage/Parking

  • Number Parking Spaces: 10

Utilities

  • Heating Cooling: Electric, Forced Air, Central Air, Water Heater - Electric
  • Water Sewer: Public Sewer, Public Water
  • Garbage Collection Exp: 1440
  • Laundry Facilities: No Laundry Equipment
  • Water Sewer Expenses: 2880

Schools

  • Elementary School: Midland
  • High School: Midland
  • Elementary School: Midland
  • High School: Midland

Lot Info

  • Estimated Lot Size: 66X165
  • Lot Description: Corner, Level
  • Subdivision: Original Town

Rental Info

  • Tenant Pays: Electric Only
  • Gross Annual Rent Income: 40000
  • Lease Information: 1 Year

Tax Info

  • Annual Taxes: 8881.72
  • Parcel Id Number Tax Id: 0436109003
  • Tax Year: 2011

Multi Family

  • Total Number Units: 8
  • Total Number Central Air Units: 8
  • Total Number Electric Meters: 8
  • Total Number Heating Units: 8
  • Total Number Water Heaters: 8

Map

Range of Values:

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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 Change Sq Ft Price
01/28/2013 01/28/13 Sold $170,000 -14.6% $31 / Sq Ft
12/04/2012 12/04/12 For Sale $199,000 -- $37 / Sq Ft
12/24/2011 12/24/11 Pending -- -- --
Source: RMLS Alliance

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 $5,761 $66,712 $2,848 $63,864
2022 $5,516 $60,379 $2,578 $57,801
2021 $5,231 $55,958 $2,389 $53,569
2020 $5,206 $54,014 $2,306 $51,708
2019 $5,364 $53,348 $2,278 $51,070
2018 $5,414 $53,348 $2,278 $51,070
2017 $5,648 $2,324 $2,324 $0
2016 $5,648 $55,621 $2,375 $53,246
2014 -- $55,363 $2,364 $52,999
2013 -- $58,770 $2,322 $56,448
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $127,500 No Value Available
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed -- --
Source: Public Records

Source: RMLS Alliance

MLS Number: RMAPA1140403

RMLS Alliance

APN: 04-36-109-003

Illinois Marshall County Lacon 61540

521 3rd St Unit 523, Lacon, IL

Homes for Sale in Lacon, IL

This home is located at 521 3rd St Unit 523, Lacon, IL 61540 and is currently priced at $170,000, approximately $31 per square foot. This property was built in 1972. 521 3rd St Unit 523 is a home located in Marshall County with nearby schools including Midland Elementary School, Midland Middle School, and Midland 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.