NOT LISTED FOR SALE

603 Chestnut Ave Neoga, IL 62447

Studio
-- Bath
3,840 Sq Ft
1900 Built

Last Sold July 22, 2013

Last sale price $40,000 $10 Per Sq Ft

23 Days on Market

Highlights

  • Window Unit Cooling System
  • Replacement Windows
  • Heating Available

About This Home

As of July 2013

Fantastic investment potential!! You won't make this kind of income anywhere else. Old building, but new updates, including rubber roof in 2012. Check this one out for yourself!!

Last Agent to Sell the Property

Donna Zerrusen

RE/MAX Key Advantage Listed on: 05/21/2013

Last Buyer's Agent

Terry Youngblood

RE/MAX Key Advantage License #471001708

RE/MAX Key Advantage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $890

Year Built

  • Built in 1900

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 3,840 Sq Ft Home
  • 2-Story Property
  • Replacement Windows
  • Crawl Space
  • Range

Utilities

  • Window Unit Cooling System
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 607420016

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $3,120
  • Net Operating Income $12,239

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$890

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Directions: RT 45 to Neoga. Turn left at 4-Way stop, property in on the right after you go across the railroad tracks. Corner of Sixth and Chestnut.
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1900
  • Garage Yn: No
  • Unit Levels: Two
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Range, Refrigerator
  • Has Basement: Crawl Space
  • Basement YN: No
  • Owner Pays: Water
  • Stories: 2
  • Window Features: Replacement Windows

Exterior Features

  • Construction Type: Brick
  • Roof: Rubber
  • Foundation Details: Crawlspace

Utilities

  • Cooling: Window Unit(s)
  • Heating: Electric
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Junior High Dist: Neoga Dist. 3

Lot Info

  • Parcel #: 607420016
  • Zoning: MLT

Multi Family

  • Property Net Operating Income: 12239.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 3120.0

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 890.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2013
Closed on
Jul 24, 2013
Bought by
Vonderheide Mike
Seller's Agent
Donna Zerrusen
RE/MAX Key Advantage
Buyer's Agent
Terry Youngblood
RE/MAX Key Advantage
List Price
$40,000
Sold Price
$40,000
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Vonderheide Mike $40,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2013 07/22/13 Sold $40,000 0.0% $10 / Sq Ft
06/13/2013 06/13/13 Pending -- -- --
05/21/2013 05/21/13 For Sale $40,000 -- $10 / Sq Ft
Source: Central Illinois Board 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 $868 $13,150 $926 $12,224
2023 $992 $13,717 $892 $12,825
2022 $981 $13,074 $850 $12,224
2021 $994 $13,508 $878 $12,630
2020 $994 $13,074 $850 $12,224
2019 $905 $11,628 $850 $10,778
2018 $907 $11,628 $850 $10,778
2017 $987 $11,628 $850 $10,778
2016 -- $11,628 $850 $10,778
2015 -- $11,628 $850 $10,778
2014 $890 $11,628 $850 $10,778
2013 $890 $11,628 $850 $10,778
2012 $890 $11,628 $850 $10,778
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    Donna Zerrusen

    RE/MAX

  • Terry Youngblood

    Buyer's Agent in 2013

    Terry Youngblood

    RE/MAX

    (217) 246-4663

    77 Total Sales

    Terry Youngblood
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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 4218479

APN: 06-07-420-016

Illinois Cumberland County Neoga 62447

603 Chestnut Ave, Neoga, IL

Not Listed for Sale

MultiFamily

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