NOT LISTED FOR SALE

602 S West Ave Freeport, IL 61032

Estimated Value: $54,000 - $85,000

-- Bed
3 Baths
2,290 Sq Ft
$30/Sq Ft Est. Value

Last Sold October 31, 2016

Last sale price $37,000 $16 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $533/month

151 Days on Market

Highlights

  • Brick or Stone Mason
  • Air Conditioning
  • Forced Air Heating System

About This Home

As of October 2016

INVESTOR'S CASH COW W/ $1125 MONTHLY INCOME, TRI-PLEX W/SEPARATE UTILITIES, W/ COMMERCIAL ZONING FOR M.F. UNIT, 2 RESIDENTIAL UNITS UP, NEWER ELECTRIC, NEW TEAR-OFF ROOF 2007, BUILDING TUCK-POINTED 2014, LOCATED ON WEST AVE/HYWY 26 PROVIDING HIGH TRAFFIC & EXCELLENT VISIBILITY.

TIM DAVENPORT

CHRISTENSEN HOME TOWN, REALTORS License #471002301 Listed on: 05/06/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1892

Lot Details

  • 1,699

Home Design

  • Brick or Stone Mason
  • Shingle Roof

Interior Spaces

  • 2,290 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Range

Schools

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

Utilities

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

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Front: 28
  • Grid: Freeport
  • Lvt Date: 05/09/2016
  • Rear: 60
  • Side 1: 60
  • Side 2: 60
  • Style: 2 Story
  • Type: 3 - 4 Units
  • Number Of Units In Bldg: 3
  • Potential Income: 13500
  • Agent Only_ L A1 User Code: F_86
  • Elementary School: Freeport 145
  • Estimated Total Finished Sq Ft: 2290
  • Pertinent Facts: INVESTOR'S CASH COW W/ $1125 MONTHLY INCOME, TRI-PLEX W/SEPARATE UTILITIES, W/ COMMERCIAL ZONING FOR M.F. UNIT, 2 RESIDENTIAL UNITS UP, NEWER ELECTRIC, NEW TEAR-OFF ROOF 2007, BUILDING TUCK-POINTED 2014, LOCATED ON WEST AVE/HYWY 26 PROVIDING HIGH TRAFFIC & EXCELLENT VISIBILITY.
  • Designated Managing Broker Y N: No
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: No
  • Washer Dryer: No
  • L O1 Brokerage Number: 481000348
  • S O1 Brokerage Number: 471002354
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Type: Full
  • Price Per Sq Ft: 16.16
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone
  • Roof: Shingle

Utilities

  • Cooling: Window Unit
  • Heating: Forced Air, Natural Gas
  • Sewer: City
  • Water: City
  • Water Heater: Natural Gas

Schools

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

Building Info

  • Year Built: 1892

Tax Info

  • Year: 2014
  • Taxes: 2203

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
May 6, 2016
Closed on
Oct 1, 2016
Sold by
Trust #112390 Roger D Horstmeier And Bar
Bought by
Walker Douglas A and Walker Karen D
Buyer's Agent
TIM DAVENPORT
CHRISTENSEN HOME TOWN, REALTORS
List Price
$43,900
Sold Price
$37,000
Premium/Discount to List
-$6,900
-15.72%
Total Days on Market
151
Current Estimated Value
$69,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,772
Avg. Annual Appreciation
6.83%
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
Walker Douglas A $37,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2016 10/31/16 Sold $37,000 -15.7% $16 / Sq Ft
10/04/2016 10/04/16 Pending -- -- --
05/06/2016 05/06/16 For Sale $43,900 -- $19 / Sq Ft
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
2023 $1,708 $13,431 $687 $12,744
2022 $1,667 $13,431 $687 $12,744
2021 $1,703 $13,012 $666 $12,346
2020 $1,693 $13,012 $666 $12,346
2019 $1,642 $12,457 $666 $11,791
2018 $1,600 $12,114 $666 $11,448
2017 $1,569 $11,873 $666 $11,207
2016 $1,754 $13,430 $2,440 $10,990
2015 $2,219 $17,229 $2,438 $14,791
2013 $2,173 $18,170 $2,571 $15,599
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 126182

NorthWest Illinois Alliance of REALTORS®

APN: 18-13-36-428-011