NOT LISTED FOR SALE

521 3rd St Lacon, IL 61540

8 Beds
4 Baths
5,824 Sq Ft
0.25 Acre Lot

Sale Details

Date Sold: November 1, 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 #475.124221 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

  • 10,890 Sq Ft 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

0.25 Acres

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
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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

  • Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: PA1252803

RMLS Alliance
Your Personal Tour Guide

Ask me questions while you tour the home.