NOT LISTED FOR SALE

522 Illinois St South Beloit, IL 61080

South Beloit Area

Estimated Value: $73,000 - $134,000

Studio
2 Baths
1,344 Sq Ft
$81/Sq Ft Est. Value

Sale Details

Date Sold: June 13, 2022

Last sale price $70,000 $52 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $647 / mo

2 Days on Market

Highlights

  • Enclosed Patio or Porch
  • Fire Pit
  • Forced Air Heating System

About This Home

As of June 2022

Make Money Fast! Ready for tenants or family needing shared yet separate living quarters. New carpet and paint have freshened it up. Interesting floor plan with one bedroom down and 2 upstairs. Front and rear porches. Great location just blocks to new ABC Supply stadium. Easy to show.

Last Agent to Sell the Property

Mike Lunde

Gambino Realtors License #475129518 Listed on: 05/02/2022

Gambino Realtors

Co-Listed By

Christine Smith

Real Broker, LLC License #475152617

Last Buyer's Agent

Gail Anderson

Century 21 Affiliated License #475165021

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $623

Lot Details

  • 6,534

Parking

  • 2 Car Parking Spaces

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,344 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Kitchen

  • Oven
  • Range

Outdoor Features

  • Enclosed Patio or Porch
  • Fire Pit

Schools

  • Clark Elementary School
  • South Beloit Jr High Middle School
  • South Beloit Sr High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units
  • 2-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$623

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Refrigerator, Oven
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 700
  • Front: 66.17
  • General Features: Fire-Pit/Fireplace, Porch Enclosed
  • Legal Description: FISHER MILLS + GOODHUES ADD TO THE TOWN OF BELOIT N 1/2 LOT 006 BLOCK 012
  • Lvt Date: 05/02/2022
  • Rear: 66.17
  • Side 1: 99
  • Side 2: 99
  • Style: 2 Story
  • Type: 2 Units
  • Number Of Floors In Bldg: 2
  • Number Of Units In Bldg: 2
  • Agent Only_ L A1 User Code: 4554
  • Elementary School: Clark Elementary
  • Estimated Total Finished Sq Ft: 1344
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Make Money Fast! Ready for tenants or family needing shared yet separate living quarters. New carpet and paint have freshened it up. Interesting floor plan with one bedroom down and 2 upstairs. Front and rear porches. Great location just blocks to new ABC Supply stadium. Easy to show.
  • Designated Managing Broker Y N: No
  • Separate Electric: No
  • Separate Heat: No
  • Separate Water Y N: No
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: Yes
  • Washer Dryer: No
  • Estimated Above Grade Sq Ft: 1344
  • L O2 Brokerage Number: 478003863
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Type: Full
  • Basement: Yes

Exterior Features

  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 2

Utilities

  • Heating: Forced Air
  • Sewer: City
  • Water: City
  • Water Heater: Gas

Schools

  • Elementary School #2: Riverview Elementary

Tax Info

  • Year: 2021
  • Taxes: 623

MLS Schools

  • HighSchool: South Beloit Sr High
  • School District: South Beloit 320-Cnty of Winnebago
  • Middle School: South Beloit Jr High

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2022
Closed on
Jun 9, 2022
Sold by
Ira Resource Inc
Bought by
Seller's Agent
Mike Lunde
Gambino Realtors
Buyer's Agent
Gail Anderson
Century 21 Affiliated
List Price
$59,900
Sold Price
$70,000
Premium/Discount to List
$10,100
16.86%
Current Estimated Value
$109,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,990
Avg. Annual Appreciation
10.98%
Original Mortgage
$56,000
Interest Rate
6.13%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in South Beloit, IL

  • Amy Smith-Heine Real Estate Agent - Re/Max Classic

    Amy Smith-Heine

    Re/Max Classic

    (779) 212-7490

    162 Total Sales

    2 in South Beloit

    $38,500 Price Range

    Amy Smith-Heine
     Section Image
  • Jennifer Elliott Real Estate Agent - EXIT Professional Real Estate

    Jennifer Elliott

    EXIT Professional Real Estate

    (608) 292-4204

    104 Total Sales

    1 in South Beloit

    $200,000 Price

    Jennifer Elliott
     Section Image
  • Nicholas Rhoads Real Estate Agent - HomeSmart Connect LLC

    Nicholas Rhoads

    HomeSmart Connect LLC

    (815) 981-4286

    62 Total Sales

    1 in South Beloit

    $429,900 Price

    Nicholas Rhoads
     Section Image
  • Desiree Sowell Real Estate Agent - Keller Williams Realty Signature

    Desiree Sowell

    Keller Williams Realty Signature

    (608) 466-2303

    94 Total Sales

    7 in South Beloit

    $115K - $265K Price Range

    Desiree Sowell
     Section Image
  • Lisa Jensen Real Estate Agent - Keller Williams North Shore West

    Lisa Jensen

    Keller Williams North Shore West

    (815) 887-6722

    373 Total Sales

    1 in South Beloit

    $178,000 Price

    Lisa Jensen
     Section Image
  • Gerard DuMelle Real Estate Agent - Gerard F. DuMelle

    Gerard DuMelle

    Gerard F. DuMelle

    (815) 706-3497

    12 Total Sales

    2 in South Beloit

    $744,000 Price Range

    Gerard DuMelle
     Section Image
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Purchase 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 Buyer Sale Price Title Company
$70,000 Schlueter Ecklund & Davitt/Jh
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $56,000
Source: Public Records

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
06/13/2022 06/13/22 Sold $70,000 +16.9% $52 / Sq Ft
05/04/2022 05/04/22 Pending -- -- --
05/02/2022 05/02/22 For Sale $59,900 +263.0% $45 / Sq Ft
02/28/2012 02/28/12 Sold $16,500 -24.7% -- View Prior Sale
01/11/2012 01/11/12 Pending -- -- --
12/04/2011 12/04/11 For Sale $21,900 -- --
Source: NorthWest Illinois Alliance of REALTORS®

Tax 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.

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
2025 $494 $11,736 $2,873 $8,863
2024 $533 $10,739 $2,629 $8,110
2022 $658 $7,607 $1,862 $5,745
2021 $636 $7,118 $1,742 $5,376
2020 $623 $6,892 $1,687 $5,205
2019 $624 $6,639 $1,625 $5,014
2018 $625 $6,328 $1,549 $4,779
2017 $621 $6,066 $1,485 $4,581
2016 $611 $5,867 $1,436 $4,431
2015 $304 $5,733 $1,403 $4,330
2014 $639 $5,733 $1,403 $4,330
Source: Public Records

Agents Affiliated with this Home

  • ML

    Seller's Agent in 2022

    Mike Lunde

    Gambino Realtors

    Section Image

  • CS

    Seller Co-Listing Agent in 2022

    Christine Smith

    Real Broker, LLC

    (815) 978-6519

    133 Total Sales

    Christine Smith
    Section Image

  • GA

    Buyer's Agent in 2022

    Gail Anderson

    Century 21 Affiliated

  • Donna Shipler Real Estate Agent - Century 21 Affiliated

    Seller's Agent in 2012

    Donna Shipler

    Century 21 Affiliated

    (815) 378-9426

    36 Total Sales

    Donna Shipler
    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202202587

NorthWest Illinois Alliance of REALTORS®

APN: 04-06-255-005

Illinois Winnebago County South Beloit 61080

522 Illinois St, South Beloit, IL

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.

NorthWest Illinois Alliance of REALTORS® 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.

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