NOT LISTED FOR SALE

605 W Macon St Decatur, IL 62522

Near West Neighborhood

Estimated Value: $98,000 - $113,000

-- Bed
1 Bath
3,695 Sq Ft
$28/Sq Ft Est. Value

Last Sold March 19, 2021

Last sale price $70,000 $19 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $657/month

241 Days on Market

Highlights

  • Fenced Yard
  • Window Unit Cooling System
  • Replacement Windows
  • 1 Car Detached Garage
  • Closed Circuit Camera

About This Home

As of March 2021

Huge income potential!! Total of 7 units-historically rented for $450 each. Newer roof, newer water heater, added insulation, coin-op laundry and some units have been updated. Backyard is fenced with multiple fruit trees. Inside and outside have cameras for security.Property being sold AS IS.

Last Agent to Sell the Property

Jim Cleveland

RE/MAX Executives Plus License #471008537 Listed on: 04/30/2020

Last Buyer's Agent

Jim Cleveland

RE/MAX Executives Plus License #471008537 Listed on: 04/30/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $883

Year Built

  • Built in 1905

Lot Details

  • 9,300 Sq Ft Lot
  • Lot Dimensions are 186x50
  • Fenced Yard

Parking

  • 1 Car Detached Garage

Home Design

  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 3,695 Sq Ft Home
  • 2-Story Property
  • Replacement Windows
  • Finished Basement
  • Basement with some natural light
  • Closed Circuit Camera
  • No Kitchen Appliances

Schools

  • Enterprise Elementary School
  • Stephen Decatur Middle School
  • Macarthur High School

Utilities

  • Window Unit Cooling System
  • Electric Water Heater

Community Details

  • 7 Units
  • Phelans Add Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 04-12-15-327-018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$883

Year Built

Built in 1905

Lot Details

0

Parking

1

Listing Details

  • Directions: Corner of W Macon & S Monroe
  • Lot Size Acres: 0.21
  • Lot Size: 186x50
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Subdivision Name: Phelans Add
  • Year Built: 1905
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two and One Half
  • Property Sub Type Additional: Multi Family
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, None
  • Has Basement: Daylight, Finished, Unfinished
  • Basement YN: Yes
  • Stories: 2
  • Window Features: Replacement Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Fence
  • Roof: Composition, Shingle
  • Fencing: Yard Fenced
  • Waterfront: No
  • Foundation Details: Other

Garage/Parking

  • Garage Spaces: 1.0
  • Attached Garage: No
  • Parking Features: Detached, Garage

Utilities

  • Cooling: Window Unit(s)
  • Water Source: Public
  • Security: Closed Circuit Camera(s)
  • Cooling Y N: Yes
  • Sewer: Public Sewer

Schools

  • Elementary School: Enterprise
  • High School: Macarthur
  • Middle Or Junior School: Stephen Decatur
  • Junior High Dist: Decatur Dist 61

Lot Info

  • Lot Size Sq Ft: 9300.0
  • Parcel #: 04-12-15-327-018
  • Zoning: RES
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 7

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 883.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2020
Closed on
Mar 19, 2021
Sold by
Dreibelbis Myra
Bought by
Infinity Grounds Llc
Seller's Agent
Jim Cleveland
RE/MAX Executives Plus
Buyer's Agent
Jim Cleveland
RE/MAX Executives Plus
List Price
$84,897
Sold Price
$70,000
Premium/Discount to List
-$14,897
-17.55%
Current Estimated Value
$104,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,900
Avg. Annual Appreciation
9.09%
Original Mortgage
$80,000
Outstanding Balance
$71,751
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$33,149

Purchase Details

Closed on
Jul 1, 2015
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
Infinity Grounds Llc $70,000 None Available
-- $74,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Infinity Grounds Llc $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2021 03/19/21 Sold $70,000 -17.5% $19 / Sq Ft
12/28/2020 12/28/20 Pending -- -- --
04/30/2020 04/30/20 For Sale $84,897 -- $23 / 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 $3,152 $32,559 $2,467 $30,092
2023 $3,229 $32,440 $2,380 $30,060
2022 $2,915 $28,498 $2,091 $26,407
2021 $2,756 $26,785 $2,124 $24,661
2020 $883 $8,306 $225 $8,081
2019 $883 $8,306 $225 $8,081
2018 $876 $8,334 $226 $8,108
2017 $896 $8,556 $232 $8,324
2016 $913 $8,643 $234 $8,409
2015 $357 $8,490 $230 $8,260
2014 $806 $8,406 $228 $8,178
2013 $833 $8,722 $237 $8,485
Source: Public Records

Agents Affiliated with this Home

  • Jim Cleveland

    Seller's Agent in 2021

    Jim Cleveland

    RE/MAX

    (217) 433-1144

    16 in this area

    531 Total Sales

    Jim Cleveland
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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6201500

APN: 04-12-15-327-018

Illinois Macon County Decatur 62522 Near West

605 W Macon St, Decatur, IL

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