NOT LISTED FOR SALE

606 2nd Ave Sterling, IL 61081

Estimated Value: $131,245

5 Beds
5 Baths
-- Sq Ft
6,534 Sq Ft Lot Lot

Sale Details

Date Sold: October 8, 2021

Last sale price $110,000

Est. 19% increase in value since last sale

Current estimated payment $828 / mo

65 Days on Market

About This Home

As of October 2021

Investment alert! This 4 unit is exceptionally surprising! Newer replacement windows on house. Newer roof and gutters on garage. Unit 1: 1 bedroom, 1 bath, new flooring, appliances stay. Rents for $450/month. Unit 2: 1 bedroom, 1 bath, appliances stay, rents for $425/month. Unit 3: 2 bedroom, 1.5 bath, whole second floor, front and back access, appliances stay, hardwood under carpet, garage stall, washer, dryer, garbage disposal, rents for $595/month. Unit 4: Large 1 bedroom, 1 bath, all appliances stay, rents for $460/month. Each unit has window air, very well maintained property with basement & storage room.

Last Agent to Sell the Property

Merdita Heald

RE/MAX Sauk Valley License #475139533 Listed on: 06/02/2021

RE/MAX Sauk Valley

Last Buyer's Agent

Tim McCaslin

RE/MAX Sauk Valley License #471002068

RE/MAX Sauk Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,511

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x135

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Combination Foundation
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 5 Bathrooms

Community Details

  • 4 Units
  • Gross Income $22,160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,511

Year Built

Built in 1900

Lot Details

6,534 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 5
  • Total Bedrooms: 5
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Disposal,Window Air Conditioner,Garage/Space,Laundry Hook-Up,Hardwood Floors
  • AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Walk-In Closet

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Combination

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Other
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.15
  • Lot Dimensions: 50X135
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19
  • TenantPays: All

Multi Family

  • GrossIncome: 22160
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Tax Info

  • Tax Annual Amount: 3510.66
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2021
Closed on
Oct 4, 2021
Sold by
Mowrey John R
Bought by
245 Llc
Seller's Agent
Merdita Heald
RE/MAX Sauk Valley
Buyer's Agent
Tim McCaslin
RE/MAX Sauk Valley
List Price
$119,900
Sold Price
$110,000
Premium/Discount to List
-$9,900
-8.26%
Current Estimated Value
$131,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,245
Avg. Annual Appreciation
3.90%
Original Mortgage
$93,750
Outstanding Balance
$85,491
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$45,754
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
245 Llc $110,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open 245 Llc $93,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2021 10/08/21 Sold $110,000 -8.3% --
08/07/2021 08/07/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $119,900 -- --
Source: Midwest Real Estate Data (MRED)

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 $4,514 $43,289 $4,218 $39,071
2023 $4,260 $40,635 $3,959 $36,676
2022 $4,154 $38,878 $3,788 $35,090
2021 $3,634 $33,237 $3,572 $29,665
2020 $3,533 $32,073 $3,447 $28,626
2019 $3,511 $31,490 $3,384 $28,106
2018 $3,473 $31,540 $3,389 $28,151
2017 $3,480 $31,324 $3,366 $27,958
2016 $3,391 $30,315 $3,258 $27,057
2015 $3,243 $31,147 $3,347 $27,800
2014 $3,236 $30,456 $3,273 $27,183
2013 $3,243 $31,147 $3,347 $27,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11107939

Midwest Real Estate Data (MRED)

APN: 1121412004

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