This 5 unit apartment building is a great investment opportunity! Each unit has 2 bedrooms, 1 bath upstairs. Open style floor plan on the main level. 3 out of 5 units have received new flooring throughout. Apartment 1 has a lease that is a MTM with a rent of $600/monthly. Apartment 2 has a lease ending on July 31st 2023 for $760/monthly. Apartment 3 has a lease ending August 1st 2023 for $700/monthly. Apartment 4 has a lease ending June 30th 2023 for $610/monthly. Apartment 5 has a lease ending July 14th 2023 for $700/monthly. The property has been very well maintained along with the owner clearing out the tree line behind the property, opening up the view just towards WIU.
Last Agent to Sell the Property
Kelsey Hicks
C21 Purdum-Epperson IncLicense #475194597Listed on: 12/21/2022
Last Buyer's Agent
Kelsey Hicks
C21 Purdum-Epperson IncLicense #475194597Listed on: 12/21/2022
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$9,662
Year Built
Built in 2004
Lot Details
10,019
Home Design
3,040 Sq Ft Home
Shingle Roof
Vinyl Siding
Parking
8 Parking Spaces
Parking Pad
Schools
Macomb High School
Additional Features
10,019 Sq Ft Lot
Baseboard Heating
Community Details
Trash Expense $635
Listing and Financial Details
Assessor Parcel Number 11-100-492-05
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$9,662
Year Built
Built in 2004
Lot Details
0
Listing Details
Prop. Type: Residential Income
Property Sub Type: Residential Income
Year Built: 2004
New Construction: No
Structure Type: Two or More Story, Apartment Building, Other
PricePerSqFt: 72.37
Age55PlusDevelopment: No
Special Features: None
Interior Features
Basement: None
Exterior Features
Lot Features: Other
Construction Type: Vinyl Siding
Roof: Shingle
100YearPlain: No
Garage/Parking
Parking Features: Parking Pad
Total Parking Spaces: 8
Utilities
Heating: Baseboard
Water Source: Public Sewer, Public
GasExpense: 0
NumberOfWaterHeaters: 5
NumberOfHeatingUnits: 0
NumberOfCentralAirUnits: 0
NumberOfGasMeters: 0
NumberOfElectricMeters: 5
NumberofWaterMeters: 5
NumberofRefrigerators: 5
NumberOfWashers: 5
NumberOfDryers: 5
NumberOfWindowUnits: 0
Fee Information
Trash Expense: 635
AdvertisingExpense: 400
Schools
High School: Macomb
Lot Info
Lot Size Acres: 0.23
Lot Size: 170.7 Ft x 63.1 Ft.
Parcel #: 11-100-492-05
Tax Info
Tax Year: 2022
Tax Annual Amount: 8494
TaxExemptions: None
Multi Family
Number Of Units Total: 5
Annual Gross Income: 40440
Resident Manager Expense: 4852
Annual Operating Expense: 5887
Ownership History
DateNameOwned ForOwner Type
Feb 2023 - Present314 West North St Llc and Vivian Simo Llc2 Years and 4 Months
Company
Purchase Details
Listed on
Dec 21, 2022
Closed on
Feb 20, 2023
Sold by
Glass Peak Properties Il Llc
Bought by
314 West North St Llc and Vivian Simo Llc
Seller's Agent
Kelsey Hicks
C21 Purdum-Epperson Inc
Buyer's Agent
Kelsey Hicks
C21 Purdum-Epperson Inc
List Price
$240,000
Sold Price
$220,000
Premium/Discount to List
-$20,000
-8.33%
Total Days on Market
30
Views
58
Current Estimated Value
$234,209
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,209
Avg. Annual Appreciation
2.78%
Original Mortgage
$181,500
Outstanding Balance
$176,830
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$57,379
Nov 2020 - Feb 2023Glass Peak Properties Il Llc2 Years and 3 Months
Company
Purchase Details
Closed on
Nov 3, 2020
Sold by
Wishtan Home Services
Bought by
Glass Peak Properties Il Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
THIS TRIPLEX LOCATED CLOSE TO WIU BUILT IN 2010 HAS TWO 4 BEDROOMS, 3 BATH UNITS AND ONE 3 BEDROOM, 3 BATH UNIT. GREAT LIVING SPACE AND LARGE LOT WITH EXTRA LOT TO BUILD MORE UNITS.
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Average Value
Not Available
List Price
Sold Price
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Tax AssessmentTax 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.
This home is located at 527 W Murray St, Macomb, IL 61455 since 21 December 2022 and is currently estimated at $234,209, approximately $77 per square foot. This property was built in 2004. 527 W Murray St is a home located in McDonough County with nearby schools including Lincoln Elementary School, Edison Elementary School, and Macomb Junior High School.
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