NOT LISTED FOR SALE

605-607 Bridge St Winslow, IL 61089

Estimated Value: $80,639 - $167,000

-- Bed
2 Baths
1,610 Sq Ft
$73/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $39,000 $24 Per Sq Ft

Est. 200% increase in value since last sale

Current estimated payment $749/month

31 Days on Market

About This Home

As of September 2023

Where else can you get a 20 % return. Nice duplex consisting of one 3 BR and one 1 BR units. All separate utilities. Income $1,000 per month. Fully rented. Owner has never been to property and has little knowledge of it . See attached pro forma.

Last Agent to Sell the Property

Brian Borchardt

A-1 AGENCY License #471004534 Listed on: 07/11/2023

Last Buyer's Agent

Don Morgan

Morgan Realty, Inc. License #471013558

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,481

Year Built

  • Built in 1890

Lot Details

  • 3,485

Home Design

  • Duplex
  • Shingle Roof
  • Rubber Roof
  • Vinyl Siding

Interior Spaces

  • 1,610 Sq Ft Home
  • 2-Story Property
  • Partial Basement
  • Washer and Dryer Hookup

Kitchen

  • Stove
  • Range

Schools

  • Lewin Elementary And Middle School
  • Lewin High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Propane
  • Separate Meters
  • Separate Water Meter
  • Electric Water Heater

Community Details

  • 2 Units
  • 2-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,481

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 1110
  • Front: 34
  • General Features: County Taxes
  • Legal Description: PT LTS 47 51 & 52 ORIG TOWN
  • Lvt Date: 07/11/2023
  • Rear: 34
  • Side 1: 100
  • Side 2: 100
  • Style: 2 Story
  • Type: 2 Units
  • Total Assessed Value: 14054
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 2
  • Number Of Units In Bldg: 2
  • Agent Only_ L A1 User Code: F_5
  • Elementary School: LeWin
  • Estimated Total Finished Sq Ft: 1610
  • Hold Earnest Money Y N: No
  • Pertinent Facts: Where else can you get a 20 % return. Nice duplex consisting of one 3 BR and one 1 BR units. All separate utilities. Income $1,000 per month. Fully rented. Owner has never been to property and has little knowledge of it . See attached pro forma.
  • Designated Managing Broker Y N: Yes
  • Potential Annual Expenses: 2036
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Separate Water Y N: Yes
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: Yes
  • Washer Dryer: No
  • Estimated Above Grade Sq Ft: 1610
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Type: Partial
  • Basement: Yes

Exterior Features

  • Exterior: Vinyl
  • Roof: Shingle, Rubber

Utilities

  • Cooling: Window Unit
  • Heating: Electric, Forced Air, Propane
  • Sewer: City
  • Water: City
  • Water Heater: Electric
  • Separate Utilities: Yes

Schools

  • Elementary School #2: LeWin

Building Info

  • Year Built: 1890

Tax Info

  • Year: 2017
  • Taxes: 1481

MLS Schools

  • HighSchool: LeWin
  • School District: LeWin
  • Middle School: LeWin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2023
Closed on
Sep 12, 2023
Sold by
Leal Jack
Bought by
Blg Investments Llc
Seller's Agent
Brian Borchardt
A-1 AGENCY
Buyer's Agent
Don Morgan
Morgan Realty, Inc.
List Price
$49,820
Sold Price
$39,000
Premium/Discount to List
-$10,820
-21.72%
Views
38
Current Estimated Value
$117,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,160
Avg. Annual Appreciation
65.25%

Purchase Details

Closed on
May 28, 2019
Sold by
Kelly Knapp
Bought by
Wilkinson Dustin
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Blg Investments Llc $37,500 --
Wilkinson Dustin $10,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2023 09/08/23 Sold $39,000 -21.7% $24 / Sq Ft
08/11/2023 08/11/23 Pending -- -- --
07/11/2023 07/11/23 For Sale $49,820 -- $31 / 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
2024 $1,589 $15,785 $563 $15,222
2023 $1,575 $15,330 $547 $14,783
2022 $1,535 $15,330 $547 $14,783
2021 $1,372 $13,217 $531 $12,686
2020 $1,043 $10,122 $531 $9,591
2019 $1,033 $9,924 $521 $9,403
2018 $1,388 $13,193 $507 $12,686
2017 $1,481 $14,054 $507 $13,547
2016 $1,478 $14,054 $507 $13,547
2015 $1,479 $13,915 $502 $13,413
2013 $1,525 $14,159 $523 $13,636
Source: Public Records

Agents Affiliated with this Home

  • Brian Borchardt

    Seller's Agent in 2023

    Brian Borchardt

    A-1 AGENCY

    (815) 238-2015

    396 Total Sales

    Brian Borchardt
    Section Image
  • Don Morgan

    Buyer's Agent in 2023

    Don Morgan

    Morgan Realty, Inc.

    (815) 656-4162

    293 Total Sales

    Don Morgan
    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202303833

NorthWest Illinois Alliance of REALTORS®

APN: 17-02-22-427-023

Illinois Stephenson County Winslow 61089

605-607 Bridge St, Winslow, IL

Not Listed for Sale

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