NOT LISTED FOR SALE

527 W Murray St Macomb, IL 61455

Estimated Value: $206,000 - $352,000

10 Beds
-- Bath
3,040 Sq Ft
$88/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $220,000 $72 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,649/month

30 Days on Market

About This Home

As of February 2023

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 Inc License #475194597 Listed on: 12/21/2022

Last Buyer's Agent

Kelsey Hicks

C21 Purdum-Epperson Inc License #475194597 Listed on: 12/21/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,494

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

$8,494

Year Built

Built in 2004

Lot Details

10,019 Sq Ft Lot

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
  • 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
  • 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

  • Resident Manager Expense: 4852

Ownership History

Date Name Owned For Owner Type

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%
Views
58
Current Estimated Value
$268,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,279
Avg. Annual Appreciation
6.74%
Original Mortgage
$181,500
Outstanding Balance
$175,618
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$92,661

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.
Original Mortgage
$133,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Buyer Sale Price Title Company
314 West North St Llc $220,000 --
Glass Peak Properties Il Llc $190,000 None Available
Wishtan Home Services Llc $160,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 314 West North St Llc $181,500
Previous Owner Glass Peak Properties Il Llc $133,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2023 02/28/23 Sold $220,000 -8.3% $72 / Sq Ft
01/20/2023 01/20/23 Pending -- -- --
12/21/2022 12/21/22 For Sale $240,000 +50.0% $79 / Sq Ft
01/29/2021 01/29/21 Sold $160,000 0.0% $53 / Sq Ft View Prior Sale
07/29/2020 07/29/20 Pending -- -- --
07/15/2020 07/15/20 For Sale $160,000 -- $53 / Sq Ft
Source: RMLS Alliance

Tax History

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
2024 $9,283 $80,684 $1,271 $79,413
2023 $9,662 $77,328 $1,218 $76,110
2022 $8,854 $74,923 $1,180 $73,743
2021 $8,495 $74,923 $1,180 $73,743
2020 $8,390 $75,920 $1,177 $74,743
2019 $10,562 $99,539 $2,549 $96,990
2018 $10,106 $96,990 $2,549 $94,441
2017 $9,858 $96,990 $2,549 $94,441
2016 $9,468 $95,963 $2,522 $93,441
2015 $9,318 $93,768 $2,464 $91,304
2014 $9,152 $92,364 $2,427 $89,937
2013 $8,935 $92,364 $2,427 $89,937
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Kelsey Hicks

    C21 Purdum-Epperson Inc

    Section Image
  • Steve Silberer

    Seller's Agent in 2021

    Steve Silberer

    C21 Purdum-Epperson Inc

    (309) 255-3968

    281 in this area

    349 Total Sales

    Steve Silberer
    Section Image
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Map

Source: RMLS Alliance

MLS Number: PA1239627

RMLS Alliance

APN: 11-100-492-05

Illinois Mcdonough County Macomb 61455

527 W Murray St, Macomb, IL

Not Listed for Sale

MultiFamily

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RMLS Alliance Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.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.
Based on information submitted to the MLS GRID

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