NOT LISTED FOR SALE

605 W William St Decatur, IL 62522

Millikin Home Neighborhood

Estimated Value: $67,000 - $93,000

-- Bed
1 Bath
-- Sq Ft
5,700 Sq Ft Lot

Last Sold September 01, 2023

Last sale price $91,500

Est. 13% decrease in value since last sale

Current estimated payment $573/month

128 Days on Market

Highlights

  • Traditional Architecture
  • Wood Siding
  • Heating System Uses Gas

About This Home

As of September 2023

This Property boasts 4 income producing Apartments providing Double Digit ROI starting Day 1. 605 West William is ready for Experienced Investors to "Do The Math". Long term income producing property in good location. Solid Structure, Up to date maintenance and stable tenants will yield strong income stream for the years ahead. Subject to Tenants Rights. UPDATE: Owner Does Not Offer Financing. Bring LOI with Proof of Funds/Bank Letter for Owner to review. Call Listing Agent or Realtor of Choice.

Last Agent to Sell the Property

Joe Teague

Road Runner Real Estate Sales & Investments License #475163193 Listed on: 02/01/2023

Last Buyer's Agent

Non Member

Central Illinois Board of REALTORS License ##N/A

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,658

Year Built

  • Built in 1890

Lot Details

  • 5,700

Home Design

  • Quadruplex
  • Traditional Architecture
  • Shingle Roof
  • Wood Siding

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • 2-Story Property
  • 5,700 Sq Ft Lot
  • Finished Basement

Listing and Financial Details

  • The owner pays for all utilities, electricity, exterior maintenance, gas, grounds care, heat, repairs, taxes, water
  • Assessor Parcel Number 04-12-15-177-011

Community Details

Overview

  • 4 Units
  • 2Nd Add Subdivision

Building Details

  • Operating Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,658

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Directions: West on Eldorado, South on Monroe to corner of West William/Monroe.
  • Lot Size Acres: 0.13
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Subdivision Name: 2nd Add
  • Year Built: 1890
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Finished
  • Basement YN: Yes
  • Owner Pays: All Utilities, Electricity, Exterior Maintenance, Gas, Grounds Care, Heat, Repairs, Taxes, Water
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Wood Siding
  • Roof: Shingle
  • Waterfront: No

Utilities

  • Cooling: None
  • Heating: Gas
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Junior High Dist: Decatur Dist 61

Lot Info

  • Lot Size Sq Ft: 5700.0
  • Parcel #: 04-12-15-177-011
  • Zoning: R-1
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 1000.0

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1658.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2011
Sold by
Gordon Barbara
Bought by
Plank Daniel
Current Estimated Value
$79,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,500
Interest Rate
4.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 2011
Sold by
Lander Jacob
Bought by
Gordon Barbara

Purchase Details

Closed on
Mar 1, 2006
Sold by
Bridge Mark F
Bought by
Lander Jacob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 1987
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
Plank Daniel $30,000 None Available
Gordon Barbara -- None Available
Lander Jacob $35,000 None Available
-- $45,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Plank Daniel $19,500
Previous Owner Lander Jacob $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2023 09/01/23 Sold $91,500 -8.5% --
06/10/2023 06/10/23 Pending -- -- --
02/01/2023 02/01/23 For Sale $100,000 -- --
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 $1,871 $19,324 $1,575 $17,749
2023 $1,855 $18,640 $1,519 $17,121
2022 $1,764 $17,249 $1,406 $15,843
2021 $1,658 $16,109 $1,313 $14,796
2020 $1,633 $15,361 $1,252 $14,109
2019 $1,633 $15,361 $1,252 $14,109
2018 $1,619 $15,412 $1,256 $14,156
2017 $1,658 $15,824 $1,290 $14,534
2016 $1,689 $15,985 $1,303 $14,682
2015 $1,605 $15,702 $1,280 $14,422
2014 $1,501 $15,546 $1,267 $14,279
2013 $1,540 $16,130 $1,315 $14,815
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Joe Teague

    Road Runner Real Estate Sales & Investments

    Section Image

  • N

    Buyer's Agent in 2023

    Non Member

    Central Illinois Board of REALTORS

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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6225802

APN: 04-12-15-177-011

Illinois Macon County Decatur 62522 Millikin Home

605 W William St, Decatur, IL

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