NOT LISTED FOR SALE

539 E 4th St Momence, IL 60954

Estimated Value: $212,000 - $254,000

7 Beds
5 Baths
-- Sq Ft
7,841 Sq Ft Lot

Last Sold September 26, 2022

Last sale price $183,600

Est. 24% increase in value since last sale

Current estimated payment $1,655/month

116 Days on Market

Highlights

  • Additional Residence on Property
  • Deck
  • Corner Lot
  • Water Views
  • Property is near park
  • Porch

About This Home

As of September 2022

~BACK ON MARKET - buyer unable to secure financing!~ GREAT investment opportunity! There are two buildings, with a total of 4 units - the historic brick has three apartments + laundry room (coin operated), and the cottage is a 2BR, 1 bath house with private laundry facilities. It's a perfectly flexible set-up - live in one and rent the others; rent all of them, or use the property for an extended family arrangement. Nicely maintained property: Roof is 8 years old; there are many newer windows; a shed in the back yard; freshly painted decks, and plenty of parking. Landlord pays trash & sewer for all units, plus water for the 3-flat. Come and see!

Last Agent to Sell the Property

Susan Fisher

Coldwell Banker Realty License #475133610 Listed on: 04/24/2022

Coldwell Banker Realty

Co-Listed By

Sarah Powers

Coldwell Banker Realty License #475136610

Last Buyer's Agent

Linda Krause

Berkshire Hathaway HomeServices Speckman Realty License #471008877

Berkshire Hathaway HomeServices Speckman Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,718

Year Built

  • Built in 1915

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50 x 155
  • Corner Lot
  • Paved or Partially Paved Lot

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Water Views
  • Carbon Monoxide Detectors
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 5 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Cellar
  • Crawl Space

Parking

  • 6 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Off Alley Parking
  • Parking Included in Price

Outdoor Features

  • Deck
  • Shed
  • Porch

Schools

  • Je-Neir Elementary School
  • Momence Junior High School
  • Momence High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Multiple Water Heaters
  • Satellite Dish

Additional Features

  • Additional Residence on Property
  • Property is near park

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $600
  • Insurance Expense $400
  • Trash Expense $588
  • Water Sewer Expense $588
  • Net Operating Income $26,736

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,718

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 5
  • Total Bedrooms: 7
  • Other Equipment: TV-Dish, CO Detectors, Ceiling Fan(s), Sump Pump, Multiple Water Heaters
  • Basement Description: Unfinished,Crawl,Cellar
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove
  • MRD_AppliancesAndFeatures: Stove
  • MRD_AppliancesAndFeatures: Stove
  • AppliancesAndFeatures: Stove

Exterior Features

  • ExteriorFeatures: Deck, Porch
  • Foundation Details: Concrete Perimeter
  • Lot Features: Corner Lot, Water View
  • OtherStructures: Second Residence, Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Parking Features: Off Alley, Off Street
  • ParkingTotal: 6
  • Number of Cars: 6
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Park, Sidewalks, Street Lights, Street Paved

Fee Information

  • Trash Expense: 588
  • Water Sewer Expenses: 588
  • Other Expenses $: 588
  • Trash Expense Year: 2021

Schools

  • Elementary School: Je-Neir Elementary School
  • High School: Momence High School
  • Middle/Junior School: Momence Junior High School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.18
  • Lot Dimensions: 50 X 155
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 21
  • Is Parking Included in Price: Yes
  • TenantPays: Electric,Gas,Water

Multi Family

  • Net Operating Income: 26736
  • Insurance Expense: 400
  • ElectricExpense: 600
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: Other

Tax Info

  • Tax Annual Amount: 3718.16
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2022
Closed on
Sep 26, 2022
Sold by
Koop Iii Herman C and Koop Nguyen
Bought by
Trust Number 2919
Seller's Agent
Susan Fisher
Coldwell Banker Realty
Buyer's Agent
Linda Krause
Berkshire Hathaway HomeServices Speckman Realty
List Price
$186,000
Sold Price
$183,600
Premium/Discount to List
-$2,400
-1.29%
Current Estimated Value
$227,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,055
Avg. Annual Appreciation
6.73%
Original Mortgage
$146,880
Outstanding Balance
$112,077
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$115,578
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
Trust Number 2919 $183,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trust Number 2919 $146,880
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2022 09/26/22 Sold $183,600 -1.3% --
08/19/2022 08/19/22 Pending -- -- --
07/22/2022 07/22/22 For Sale $186,000 0.0% --
05/05/2022 05/05/22 Pending -- -- --
04/24/2022 04/24/22 For Sale $186,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $5,566 $70,908 $5,142 $65,766
2023 $4,870 $61,537 $4,675 $56,862
2022 $4,571 $56,105 $4,250 $51,855
2021 $3,718 $50,748 $4,250 $46,498
2020 $4,253 $50,246 $4,208 $46,038
2019 $3,026 $35,152 $4,166 $30,986
2018 $2,935 $34,149 $4,025 $30,124
2017 $2,742 $31,973 $3,985 $27,988
2016 $2,687 $31,423 $3,916 $27,507
2015 $2,682 $31,112 $3,877 $27,235
2014 $2,981 $34,949 $3,877 $31,072
2013 -- $35,938 $3,987 $31,951
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11383892

Midwest Real Estate Data (MRED)

APN: 05-11-18-327-019