NOT LISTED FOR SALE

625 W Clark St Freeport, IL 61032

Estimated Value: $67,033 - $79,000

Studio
2 Baths
1,430 Sq Ft
$51/Sq Ft Est. Value

Last Sold December 06, 2024

Last sale price $8,750 $6 Per Sq Ft

Est. 648% increase in value since last sale

Current estimated payment $412/month

142 Days on Market

About This Home

As of December 2024

Start building your cash flow today ! Duplex in need of some rehab but great potential cash flow. Property consists of one 2 Br and One 1 BR units. 2 Car garage. No known defects but offered strictly as is.

Last Agent to Sell the Property

Brian Borchardt

A-1 AGENCY License #471004534 Listed on: 06/11/2024

Last Buyer's Agent

Brian Borchardt

A-1 AGENCY License #471004534 Listed on: 06/11/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1907

Lot Details

  • 6,882

Home Design

  • Duplex
  • Shingle Roof
  • Siding

Interior Spaces

  • 1,430 Sq Ft Home
  • 2-Story Property
  • Basement

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Schools

  • Freeport 145 Elementary And Middle School
  • Freeport 145 High School

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units
  • 2-Story Building

Property Details

Home Type

Multi-Family

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 920
  • General Features: Laundry in Unit
  • Legal Description: LOT 13 BLK 1 WADDELL'S ADD
  • Lvt Date: 06/11/2024
  • Style: 2 Story
  • Type: 2 Units
  • Number Of Floors In Bldg: 2
  • Number Of Units In Bldg: 2
  • Agent Only_ L A1 User Code: F_5
  • Elementary School: Freeport 145
  • Estimated Total Finished Sq Ft: 1430
  • Hold Earnest Money Y N: No
  • Pertinent Facts: Start building your cash flow today ! Duplex in need of some rehab but great potential cash flow. Property consists of one 2 Br and One 1 BR units. 2 Car garage. No known defects but offered strictly as is.
  • Designated Managing Broker Y N: Yes
  • Separate Electric: No
  • Separate Heat: No
  • Separate Water Y N: No
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: Yes
  • Washer Dryer: No
  • Estimated Above Grade Sq Ft: 1430
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes

Exterior Features

  • Exterior: Siding
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 2

Utilities

  • Heating: Forced Air
  • Sewer: City
  • Water: City

Building Info

  • Year Built: 1907

Tax Info

  • Year: 2023
  • Taxes: 817

MLS Schools

  • HighSchool: Freeport 145
  • School District: Freeport 145
  • Middle School: Freeport 145

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2024
Closed on
Dec 10, 2024
Sold by
Chapman Properties 360 Llc
Bought by
Thruman Daniel and Thruman Jennifer
Seller's Agent
Brian Borchardt
A-1 AGENCY
Buyer's Agent
Brian Borchardt
A-1 AGENCY
List Price
$39,900
Sold Price
$8,750
Premium/Discount to List
-$31,150
-78.07%
Views
38
Current Estimated Value
$65,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,664
Avg. Annual Appreciation
541.07%

Purchase Details

Listed on
Jan 31, 2024
Closed on
Mar 12, 2024
Sold by
Thomas Matthew
Bought by
Chapman Properties 360 Llc
Seller's Agent
Brian Borchardt
A-1 AGENCY
Buyer's Agent
Brian Borchardt
A-1 AGENCY
List Price
$30,000
Sold Price
$25,500
Premium/Discount to List
-$4,500
-15%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-76.44%

Purchase Details

Closed on
Jan 4, 2023
Sold by
Borchardt Brian L
Bought by
Thomas Matthew

Purchase Details

Closed on
Aug 1, 2005
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Thruman Daniel $17,500 --
Chapman Properties 360 Llc $24,500 --
Thomas Matthew $456,000 --
-- $45,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/06/2024 12/06/24 Sold $8,750 -78.1% $6 / Sq Ft
10/31/2024 10/31/24 Pending -- -- --
06/11/2024 06/11/24 For Sale $39,900 +56.5% $28 / Sq Ft
03/11/2024 03/11/24 Sold $25,500 -15.0% $18 / Sq Ft View Prior Sale
02/09/2024 02/09/24 Pending -- -- --
01/31/2024 01/31/24 For Sale $30,000 -- $21 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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 $865 $7,726 $1,467 $6,259
2023 $817 $6,424 $1,514 $4,910
2022 $0 $0 $0 $0
2021 $904 $6,904 $1,467 $5,437
2020 $898 $6,904 $1,467 $5,437
2019 $858 $6,510 $1,467 $5,043
2018 $841 $6,363 $1,467 $4,896
2017 $827 $6,260 $1,467 $4,793
2016 $826 $6,321 $1,467 $4,854
2015 $887 $6,887 $1,470 $5,417
2013 $1,158 $9,681 $1,550 $8,131
Source: Public Records

Agents Affiliated with this Home

  • Brian Borchardt

    Seller's Agent in 2024

    Brian Borchardt

    A-1 AGENCY

    (815) 238-2015

    235 in this area

    388 Total Sales

    Brian Borchardt
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202402930

NorthWest Illinois Alliance of REALTORS®

APN: 18-14-31-110-009

Illinois Stephenson County Freeport 61032

625 W Clark St, Freeport, IL

Not Listed for Sale

MultiFamily

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