$210,000
SOLD JUN 30, 2021

521 3rd St Lacon, IL 61540

8 Beds
4 Baths
5,824 Sq Ft
0.25 Acres

Recently Sold

$36 Per Sq Ft

12% Below List Price

5 Days on Market

About This Home

As of November 2024

A great investment opportunity. There are 2 buildings total with a combined number of 8 units. The West building rents per month are: W-1: $550. W-2: $525. W-3: $485. W-4: $475.00. Seven units with newer carpeting and windows. East building 3 units are remodeled. West building the 4 units are totally remodeled. New roof on West building in March 2021. Water heaters range approximately 5-10 years old. 2 AC units new approximately 2018.Under Annual Owner Expenses on the MLS sheet reflects the East building information on the Gross annual rent/income.

Last Agent to Sell the Property

Dawn Meierkord

Century 21 Lincoln National Realty License #475132116

Last Buyer's Agent

Brian Monge

Jim Maloof Realty, Inc. License #475124221

Jim Maloof Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,206

Year Built

  • Built in 1972

Schools

  • Midland High School

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,206

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Apartment Building
  • Legal Description: Lot7 Blk 43
  • Lvt Date: 05/06/2021
  • Year Built: 1972
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Ranges: 8
  • Number Refrigerators: 8
  • Price Per Sq Ft: 36.06
  • Total Sq Ft: 5824

Exterior Features

  • Exterior: Brick, Wood Siding
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Guest Parking, Assigned
  • Number Parking Spaces: 14

Utilities

  • Heating Cooling: Electric, Central Air
  • Water Sewer: Public Sewer, Public Water
  • Garbage Collection Exp: 2160
  • Water Sewer Expenses: 3840

Schools

  • High School: Midland
  • High School: Midland

Lot Info

  • Estimated Lot Size: 66x165
  • Lot Description: Level
  • Subdivision: Original Town Lacon
  • Geo Subdivision: IL

Rental Info

  • Gross Annual Rent Income: 23040
  • Lease Information: Month-To-Month

Tax Info

  • Annual Taxes: 5206
  • Parcel Id Number Tax Id: 04-36-109-003
  • Tax Year: 2020

Multi Family

  • Total Number Units: 8
  • Gross Annual Income: 23040
  • 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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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
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
05/11/2021 05/11/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $239,000 -- $41 / Sq Ft
Source: RMLS Alliance

Source: RMLS Alliance

MLS Number: PA1224668

RMLS Alliance

Illinois Marshall County Lacon 61540

521 3rd St, Lacon, IL

Homes for Sale in Lacon, IL

This home is located at 521 3rd St, Lacon, IL 61540 and is currently priced at $210,000, approximately $36 per square foot. This property was built in 1972. 521 3rd St 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.