NOT LISTED FOR SALE

600 Carriage Dr Monticello, IL 61856

-- Bed
-- Bath
-- Sq Ft
5.92 Acres

Last Sold September 17, 2020

Last sale price $700,000

311 Days on Market

Highlights

  • 5.92 Acre Lot
  • White Heath Elementary School Rated A
  • Central Air

About This Home

As of September 2020

Great income opportunity when you purchase this never been for sale Mobile Home Community. This 56 spaces, on almost six acres community offers paved streets, a nice commons area, a commercial building with a laundromat that is owned by the seller. This community is a one owner opportunity. The sellers do not own any of the homes that are in the community each are individually owned and paying rent. LA related to seller

Last Agent to Sell the Property

Russ Taylor

Taylor Realty Associates License #471001422 Listed on: 07/01/2019

Co-Listed By

John Rawdin

Taylor Realty Associates License #475128770

Last Buyer's Agent

Russ Taylor

Taylor Realty Associates License #471001422 Listed on: 07/01/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,038

Year Built

  • Built in 1972

Lot Details

  • 5.92 Acre Lot
  • Lot Dimensions are 630.68x383.87x660

Utilities

  • Central Air
  • Vented Exhaust Fan

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat

Community Details

Overview

  • 56 Units

Building Details

  • Fuel Expense $6,053
  • Insurance Expense $2,239
  • Maintenance Expense $9,327
  • Other Expense $7,121
  • Trash Expense $5,296
  • Water Sewer Expense $3,646
  • Operating Expense $55,429
  • Gross Income $114,500
  • Net Operating Income $59,866

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,038

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Other
  • Year Built: 1972
  • Built Before 1978 (Y/N): Yes
  • Information: None
  • Estimated Age: 36-50 Years
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • List Price: 1300500

Utilities

  • Cooling: Central Air, Exhaust Fan
  • Heat/Ventilation: None

Fee Information

  • Trash Expense: 5296
  • Water Sewer Expenses: 3646
  • Janitor Expense: 9880

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 5.92
  • Lot Dimensions: 630.68X383.87X660
  • Zoning: MULTI
  • Alternate Phone Number: (217) 586-4906

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Board Number: 22

Multi Family

  • Net Operating Income: 59866
  • Fuel Expense: 6053
  • Insurance Expense: 2239
  • GrossIncome: 114500
  • Maintenance Expense: 9327
  • NumberOfUnitsTotal: 56
  • OperatingExpense: 55429
  • Expense Year: 2018
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 11038
  • Tax Year: 2018

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
-- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2020 09/17/20 Sold $700,000 -46.2% --
05/07/2020 05/07/20 Pending -- -- --
01/07/2020 01/07/20 For Sale $1,300,500 0.0% --
10/11/2019 10/11/19 Pending -- -- --
07/01/2019 07/01/19 For Sale $1,300,500 -- --
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 $13,022 $208,267 $44,187 $164,080
2022 $11,978 $180,236 $38,240 $141,996
2021 $12,133 $180,236 $38,240 $141,996
2020 $11,851 $175,840 $37,307 $138,533
2019 $11,458 $172,815 $36,665 $136,150
2018 $11,038 $168,353 $35,718 $132,635
2017 $10,595 $168,353 $35,718 $132,635
2016 $10,094 $160,949 $34,147 $126,802
2015 $10,217 $160,949 $34,147 $126,802
2014 $10,217 $160,949 $34,147 $126,802
2013 $10,217 $160,949 $34,147 $126,802
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10439348

Midwest Real Estate Data (MRED)

APN: 05-00-54-001-201-00