NOT LISTED FOR SALE

540 W Evelyn St Freeport, IL 61032

Estimated Value: $74,034 - $99,000

-- Bed
2 Baths
2,154 Sq Ft
$40/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $75,000 $35 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $643/month

68 Days on Market

Highlights

  • Deck
  • Forced Air Heating System
  • Washer and Dryer

About This Home

As of November 2022

Spacious duplex with all separate utilities. Owner pays taxes and insurance only. Large corner lot, garage, fully rented. Nice, solid investment.

Last Agent to Sell the Property

Brian Borchardt

A-1 AGENCY License #471004534 Listed on: 09/11/2022

Last Buyer's Agent

Brian Borchardt

A-1 AGENCY License #471004534 Listed on: 09/11/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,175

Year Built

  • Built in 1937

Lot Details

  • 7,187

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,154 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range

Laundry

  • Laundry in unit
  • Washer and Dryer

Outdoor Features

  • Deck

Schools

  • Freeport 145 Elementary And Middle School
  • Freeport 145 High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Separate Meters
  • Separate Water Meter
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • 2-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,175

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Refrigerator, Oven
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 1231
  • Front: 62
  • General Features: Deck, Laundry in Unit
  • Grid: Freeport
  • Legal Description: PT LT 11 BLK 2 KNOWLTON'S 3RD ADD
  • Lvt Date: 09/11/2022
  • Rear: 62
  • Side 1: 116
  • Side 2: 116
  • Style: 2 Story
  • Type: 2 Units
  • Calculate Cap Rate: Yes
  • Annual Insurance Expense: 462
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 2
  • Number Of Units In Bldg: 2
  • Potential Income: 11583
  • Agent Only_ L A1 User Code: F_5
  • Elementary School: Freeport 145
  • Estimated Total Finished Sq Ft: 2154
  • Hold Earnest Money Y N: No
  • Pertinent Facts: Spacious duplex with all separate utilities. Owner pays taxes and insurance only. Large corner lot, garage, fully rented. Nice, solid investment.
  • Designated Managing Broker Y N: Yes
  • Potential Annual Expenses: 2637
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Separate Water Y N: Yes
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: Yes
  • Washer Dryer: Yes
  • Estimated Above Grade Sq Ft: 2154
  • L O1 Brokerage Number: 478026897
  • S O1 Brokerage Number: 478026897
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Type: Full
  • Price Per Sq Ft: 34.82
  • Basement: Yes

Exterior Features

  • Exterior: Vinyl
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 2

Utilities

  • Cooling: Window Unit
  • Heating: Forced Air
  • Sewer: City
  • Water: City
  • Water Heater: Natural Gas
  • Separate Utilities: Yes

Schools

  • School District: Freeport 145
  • Elementary School: Freeport 145
  • Middle School: Freeport 145
  • High School: Freeport 145

Building Info

  • Year Built: 1937

Tax Info

  • Year: 2021
  • Taxes: 2175

MLS Schools

  • HighSchool: Freeport 145
  • School District: Freeport 145
  • Middle School: Freeport 145

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2017
Closed on
Jan 23, 2019
Sold by
Cregan Michael R
Bought by
Perisso Illinois Properties Llc Series 2
Seller's Agent
Kimberly Taylor
NextHome First Class
Buyer's Agent
Elva Martinez
HomeSmart Connect LLC
List Price
$64,900
Sold Price
$50,000
Premium/Discount to List
-$14,900
-22.96%
Total Days on Market
68
Current Estimated Value
$86,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,009
Avg. Annual Appreciation
7.85%
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Perisso Illinois Properties Llc Series 2 $49,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2022 11/30/22 Sold $75,000 -8.4% $35 / Sq Ft
11/18/2022 11/18/22 Pending -- -- --
11/07/2022 11/07/22 For Sale $81,900 0.0% $38 / Sq Ft
10/23/2022 10/23/22 Pending -- -- --
10/20/2022 10/20/22 For Sale $81,900 0.0% $38 / Sq Ft
10/15/2022 10/15/22 Pending -- -- --
09/11/2022 09/11/22 For Sale $81,900 +63.8% $38 / Sq Ft
01/18/2019 01/18/19 Sold $50,000 -23.0% --
12/12/2018 12/12/18 Pending -- -- --
12/11/2018 12/11/18 For Sale $64,900 +29.8% --
12/10/2018 12/10/18 Off Market $50,000 -- --
11/26/2018 11/26/18 For Sale $64,900 +29.8% --
11/15/2018 11/15/18 Off Market $50,000 -- --
11/01/2018 11/01/18 For Sale $64,900 +29.8% --
10/30/2018 10/30/18 Off Market $50,000 -- --
09/22/2018 09/22/18 For Sale $64,900 +29.8% --
08/31/2018 08/31/18 Off Market $50,000 -- --
08/05/2018 08/05/18 For Sale $64,900 +29.8% --
07/31/2018 07/31/18 Off Market $50,000 -- --
05/09/2018 05/09/18 For Sale $64,900 +29.8% --
05/01/2018 05/01/18 Off Market $50,000 -- --
11/04/2017 11/04/17 For Sale $64,900 -- --
Source: NorthWest Illinois Alliance of REALTORS®

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 $2,065 $18,443 $1,891 $16,552
2023 $2,180 $17,144 $1,952 $15,192
2022 $2,128 $17,144 $1,952 $15,192
2021 $2,174 $16,609 $1,891 $14,718
2020 $2,161 $16,609 $1,891 $14,718
2019 $2,113 $16,029 $1,891 $14,138
2018 $2,063 $15,617 $1,891 $13,726
2017 $2,025 $15,328 $1,891 $13,437
2016 $2,024 $15,498 $1,891 $13,607
2015 $2,083 $16,175 $1,894 $14,281
2013 $2,040 $17,060 $1,998 $15,062
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202206068

NorthWest Illinois Alliance of REALTORS®

APN: 18-14-31-382-005