NOT LISTED FOR SALE

707 W Elk St Unit 709 Freeport, IL 61032

Estimated Value: $70,000 - $305,000

-- Bed
2 Baths
2,884 Sq Ft
$47/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $85,000 $29 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $892/month

About This Home

As of March 2023

Large side by side duplex with all separate utilities sold on one time agreement

Last Agent to Sell the Property

Brian Borchardt

A-1 AGENCY License #471004534 Listed on: 03/31/2023

Last Buyer's Agent

Brian Borchardt

A-1 AGENCY License #471004534 Listed on: 03/31/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,988

Year Built

  • Built in 1902

Lot Details

  • 6,011

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2,884 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Kitchen

  • Stove
  • Range

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Separate Water Meter
  • Gas Water Heater

Community Details

  • 2 Units
  • 2-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,988

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 1442
  • Front: 60
  • Grid: Freeport
  • Legal Description: LOT 2 BLK 4 KNOWLTON'S 2ND ADD
  • Lvt Date: 03/31/2023
  • Rear: 60
  • Side 1: 100
  • Side 2: 100
  • Style: 2 Story
  • Type: 2 Units
  • Annual Insurance Expense: 348
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 2
  • Number Of Units In Bldg: 2
  • Potential Income: 11464
  • Agent Only_ L A1 User Code: F_5
  • Elementary School: Freeport 145
  • Estimated Total Finished Sq Ft: 2884
  • Hold Earnest Money Y N: No
  • Pertinent Facts: Large side by side duplex with all separate utilities sold on one time agreement
  • Designated Managing Broker Y N: Yes
  • Potential Annual Expenses: 2336
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Separate Water Y N: Yes
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: Yes
  • Washer Dryer: No
  • Estimated Above Grade Sq Ft: 2884
  • L O1 Brokerage Number: 478026897
  • S O1 Brokerage Number: 478026897
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Type: Full
  • Price Per Sq Ft: 29.47
  • Basement: Yes

Exterior Features

  • Roof: Shingle

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: City
  • Water: City
  • Water Heater: Gas
  • Separate Utilities: Yes

Schools

  • School District: Freeport 145
  • Elementary School: Freeport 145
  • Middle School: Freeport 145
  • High School: Freeport 145

Building Info

  • Year Built: 1902

Tax Info

  • Year: 2021
  • Taxes: 1988

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
Mar 31, 2023
Closed on
Apr 3, 2023
Sold by
Heilman Terry
Bought by
Erj Properties Llc
Seller's Agent
Brian Borchardt
A-1 AGENCY
Buyer's Agent
Brian Borchardt
A-1 AGENCY
List Price
$85,000
Sold Price
$85,000
Current Estimated Value
$136,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,755
Avg. Annual Appreciation
20.50%
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
Erj Properties Llc $142,550 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2023 03/31/23 Sold $85,000 0.0% $29 / Sq Ft
03/31/2023 03/31/23 Pending -- -- --
03/31/2023 03/31/23 For Sale $85,000 -- $29 / Sq Ft
Source: NorthWest Illinois Alliance 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 $2,031 $18,138 $1,720 $16,418
2023 $1,992 $15,667 $1,775 $13,892
2022 $1,945 $15,667 $1,775 $13,892
2021 $1,987 $15,179 $1,720 $13,459
2020 $1,975 $15,179 $1,720 $13,459
2019 $1,983 $15,040 $1,720 $13,320
2018 $1,936 $14,652 $1,720 $12,932
2017 $1,900 $14,380 $1,720 $12,660
2016 $1,899 $14,540 $1,720 $12,820
2015 $1,929 $14,976 $1,722 $13,254
2013 $1,889 $15,795 $1,817 $13,978
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202301447

NorthWest Illinois Alliance of REALTORS®

APN: 18-14-31-303-013