NOT LISTED FOR SALE

Estimated Value: $117,883 - $183,000

3 Beds
2 Baths
900 Sq Ft
$159/Sq Ft Est. Value

Last Sold August 17, 2022

Last sale price $90,000 $100 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $988/month

65 Days on Market

Highlights

  • 0.4 Acre Lot
  • 2 Car Detached Garage
  • Baseboard Heating
  • Creek On Lot

About This Home

As of August 2022

Let your imagination go wild with this two unit sitting on almost 1/2 AC with development possibilities on high visibility road with over 185 feet of frontage on Cunningham Ave, just North of Five Points. The main unit provides two bedrooms, living room, dining room, kitchen and bath. Rented for $650 per month in its current condition. The lower level unit is one bedroom, office, living room, kitchen and full bath. Rented in its current state for $450 per month. Units are individually metered and share water. There is also a 23X27 ft two car detached garage. Schedule your tour today to secure this rare opportunity!!

Last Agent to Sell the Property

Eddie Mullins

RE/MAX REALTY ASSOCIATES-CHA License #475131641 Listed on: 05/17/2022

RE/MAX REALTY ASSOCIATES-CHA

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,240

Year Built

  • Built in 1948

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 185.88x85.5x171.32x143x16.65

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Asbestos Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Urbana Elementary School
  • Urbana Middle School
  • Urbana High School

Additional Features

  • Creek On Lot
  • Baseboard Heating

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,240

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1948
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT PT 3 WEBBER, W.T., ESTATE SUB
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • List Price: 114900
  • Lot Features: Creek
  • Waterfront: No
  • Exterior Building Type: Asbestos Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Number of Cars: 4
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Electric, Baseboard
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Schools

  • Elementary School: Urbana Elementary School
  • High School: Urbana High School
  • Middle/Junior School: Urbana Middle School
  • Middle/Junior School District: 116

Lot Info

  • Lot Size Acres: 0.4
  • Lot Dimensions: 185.88X85.5X171.32X143X16.65
  • Zoning: OTHER
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2239.94
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2022
Closed on
Aug 17, 2022
Sold by
Crystal View Holdings Llc
Bought by
Barreda Real Estate Llc
Seller's Agent
Eddie Mullins
RE/MAX REALTY ASSOCIATES-CHA
Buyer's Agent
Non Member
NON MEMBER
List Price
$119,900
Sold Price
$90,000
Premium/Discount to List
-$29,900
-24.94%
Current Estimated Value
$143,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,221
Avg. Annual Appreciation
16.00%

Purchase Details

Listed on
Oct 12, 2020
Closed on
Aug 2, 2021
Sold by
Burgin Thomas E and The Thomas E Burgin Trust
Bought by
Crystal View Holdings Llc
Seller's Agent
Eddie Mullins
RE/MAX REALTY ASSOCIATES-CHA
Buyer's Agent
Eddie Mullins
RE/MAX REALTY ASSOCIATES-CHA
List Price
$299,900
Sold Price
$150,000
Premium/Discount to List
-$149,900
-49.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-38.52%

Purchase Details

Listed on
Oct 12, 2020
Closed on
Jul 15, 2021
Sold by
Hawn Noami and Estate Of John Hawn
Bought by
Burgin Thomas E and Thomas E Burgin Trust
Seller's Agent
Eddie Mullins
RE/MAX REALTY ASSOCIATES-CHA
Buyer's Agent
Eddie Mullins
RE/MAX REALTY ASSOCIATES-CHA
List Price
$299,900
Sold Price
$150,000
Premium/Discount to List
-$149,900
-49.98%
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
Barreda Real Estate Llc $34,666 None Listed On Document
Crystal View Holdings Llc -- Attorney
Burgin Thomas E $147,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2022 08/17/22 Sold $90,000 -21.7% $100 / Sq Ft
07/22/2022 07/22/22 Pending -- -- --
06/16/2022 06/16/22 Price Changed $114,900 -4.2% $128 / Sq Ft
05/17/2022 05/17/22 For Sale $119,900 -20.1% $133 / Sq Ft
07/30/2021 07/30/21 Sold $150,000 -25.0% $167 / Sq Ft
04/22/2021 04/22/21 Pending -- -- --
04/06/2021 04/06/21 Price Changed $199,900 -20.0% $222 / Sq Ft
11/30/2020 11/30/20 Price Changed $249,900 -16.7% $278 / Sq Ft
10/12/2020 10/12/20 For Sale $299,900 -- $333 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $2,573 $27,370 $13,790 $13,580
2023 $2,573 $24,190 $12,580 $11,610
2022 $2,411 $22,270 $11,580 $10,690
2021 $2,240 $20,750 $10,790 $9,960
2020 $3,091 $28,740 $10,080 $18,660
2019 $3,003 $28,740 $10,080 $18,660
2018 $2,990 $28,940 $10,150 $18,790
2017 $3,027 $28,320 $9,930 $18,390
2016 $3,010 $28,320 $9,930 $18,390
2015 $3,043 $28,320 $9,930 $18,390
2014 $3,160 $29,810 $10,450 $19,360
2013 $3,248 $31,050 $10,880 $20,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11406899

Midwest Real Estate Data (MRED)

APN: 91-21-08-428-002