NOT LISTED FOR SALE

521 3rd St Lacon, IL 61540

8 Beds
4 Baths
5,824 Sq Ft
0.25 Acres

Last Sold November 01, 2024

Last sale price $335,000 $58 Per Sq Ft

11 Days on Market

Highlights

  • Corner Lot
  • Central Heating
  • Wood Siding

About This Home

As of November 2024

Attention Investors! 2 four unit buildings(8 total units) available in Lacon. Amenities include; partial brick front, new roofs(2021 and 2022), replacement windows, off street parking, all units are identical 2 bedroom floor plans, all have central air, tenants pay their own electric, many long term tenants, great potential for higher rents, gross rents of over $53,000 per year. Unit #W1 in building 521 recently went vacant and can be shown(asking $700 rent). Agent interest. $339,900

Last Agent to Sell the Property

Brian Monge

Jim Maloof Realty, Inc. License #475124221 Listed on: 08/27/2024

Jim Maloof Realty, Inc.

Last Buyer's Agent

Non-Member Agent RMLSA

Non-MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,761

Year Built

  • Built in 1972

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 66 x 165
  • Corner Lot
  • Level Lot

Parking

  • 8 Parking Spaces

Home Design

  • 5,824 Sq Ft Home
  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof
  • Wood Siding

Schools

  • Midland Elementary And Middle School
  • Midland High School

Utilities

  • Central Heating
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Original Town Lacon Subdivision
  • Trash Expense $2,100

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 04-36-109-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,761

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1972
  • New Construction: No
  • Structure Type: Apartment Building
  • Special Features: None

Interior Features

  • Basement: None
  • Interior Amenities: Cable Available

Exterior Features

  • Lot Features: Corner Lot, Level
  • Road Surface Type: Paved
  • Construction Type: Brick Partial, Wood Siding
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Other
  • Total Parking Spaces: 8

Utilities

  • Heating: Electric, Central Air, Electric Water Heater
  • Laundry Features: None
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfRanges: 8
  • NumberofRefrigerators: 8
  • NumberOfWashers: 0
  • NumberOfDryers: 0
  • NumberOfDishwashers: 0
  • NumberOfWindowUnits: 0

Condo/Co-op/Association

  • Senior Community: No
  • LawnSnowRemoval: 500

Fee Information

  • Trash Expense: 2100
  • AdvertisingExpense: 0

Schools

  • Elementary School: Midland
  • High School: Midland
  • Middle Or Junior School: Midland

Lot Info

  • Zoning: Multi-Family
  • Lot Size Acres: 0.25
  • Lot Size: 66 x 165
  • Additional Parcels Description: N/A
  • Parcel #: 04-36-109-003

Rental Info

  • Tenant Pays: Electricity
  • Lease Term: Variable

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5761.32
  • TaxExemptions: None

Multi Family

  • Resident Manager Expense: 1800
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Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2024 11/01/24 Sold $335,000 -1.4% $58 / Sq Ft
09/07/2024 09/07/24 Pending -- -- --
08/27/2024 08/27/24 For Sale $339,900 +61.9% $58 / Sq Ft
06/30/2021 06/30/21 Sold $210,000 -12.1% $36 / Sq Ft View Prior Sale
05/11/2021 05/11/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $239,000 -- $41 / Sq Ft
Source: RMLS Alliance

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: PA1252803

RMLS Alliance
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