NOT LISTED FOR SALE

710 Walnut St New Windsor, IL 61465

Estimated Value: $281,379

Studio
4 Baths
38,590 Sq Ft
$7/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $250,000 $6 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,038/month

110 Days on Market

About This Home

As of September 2023

MOTIVATED SELLER. PRICE REDUCED TO SELL!!! Property is back on the market due to buyer not being able to obtain financing. Old school- 9 unit investment property sitting on 1.72 acre. There are 3 more additional units that could be completed and rented out. Coin laundry common. Two- 3 Bedroom ; Five- 2 bedroom ; Two- 1 Bedroom apartments, all have their own furnace & central AC units. Rental opportunity for gym area.

Last Agent to Sell the Property

Abbi Wilson

RE/MAX Country Crossroads License #471.021048 Listed on: 05/11/2023

RE/MAX Country Crossroads

Last Buyer's Agent

Abbi Wilson

RE/MAX Country Crossroads License #471.021048 Listed on: 05/11/2023

RE/MAX Country Crossroads

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,063

Year Built

  • Built in 1920

Lot Details

  • 1.72 Acre Lot
  • Lot Dimensions are 250 x 300

Home Design

  • 38,590 Sq Ft Home
  • Brick Exterior Construction

Utilities

  • Central Air
  • Heating System Uses Gas
  • Master Meter
  • Septic Tank

Community Details

Overview

  • 9 Units

Building Details

  • Electric Expense $6,900
  • Fuel Expense $6,900
  • Trash Expense $90
  • Water Sewer Expense $780
  • Operating Expense $15,237
  • Gross Income $82,800
  • Net Operating Income $61,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,063

Year Built

Built in 1920

Lot Details

1.72 Acres

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Year Built: 1920
  • Built Before 1978 (Y/N): Yes
  • Legal Description: S13 T14N R1W BLK 80 O T NEW WINDSOR
  • Information: Show-Key in Listing Office
  • Estimated Age: Older
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Dishwashers: 2
  • Refrigerators: 9
  • Ranges: 9
  • Number of Washers: 1

Exterior Features

  • Construction Materials: Brick
  • Frontage Type: Paved

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Electric: Shared Meters
  • Heat/Ventilation: Gas

Fee Information

  • Trash Expense: 90
  • Water Sewer Expenses: 780

Lot Info

  • Lot Size Acres: 1.72
  • Lot Dimensions: 250 x 300
  • Property Offered: For Sale Only

Building Info

  • BuildingAreaTotal: 38590

Rental Info

  • Board Number: 30

Multi Family

  • Net Operating Income: 61500
  • Fuel Expense: 6900
  • ElectricExpense: 6900
  • GrossIncome: 82800
  • NumberOfUnitsTotal: 9
  • OperatingExpense: 15237

Tax Info

  • Tax Annual Amount: 6063.42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2023
Closed on
Oct 5, 2023
Bought by
Whide Ninja Llc
Seller's Agent
Abbi Wilson
RE/MAX Country Crossroads
Buyer's Agent
Abbi Wilson
RE/MAX Country Crossroads
List Price
$325,000
Sold Price
$250,000
Premium/Discount to List
-$75,000
-23.08%
Views
123
Current Estimated Value
$281,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,379
Avg. Annual Appreciation
5.05%

Purchase Details

Closed on
Feb 28, 2020
Bought by
Crain Darrick Scott
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Whide Ninja Llc $250,000 --
Crain Darrick Scott $340,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2023 09/29/23 Sold $250,000 -23.1% $6 / Sq Ft
08/29/2023 08/29/23 Pending -- -- --
05/11/2023 05/11/23 For Sale $325,000 -- $8 / Sq Ft
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 $7,070 $87,355 $10,570 $76,785
2023 $7,070 $79,495 $9,620 $69,875
2022 $6,027 $78,490 $9,500 $68,990
2021 $6,063 $71,895 $8,700 $63,195
2020 $5,946 $68,800 $8,325 $60,475
2019 $5,832 $67,120 $8,120 $59,000
2018 $5,611 $69,500 $8,410 $61,090
2017 $563 $65,200 $7,890 $57,310
2016 $53 $61,395 $7,430 $53,965
2015 $525 $61,050 $7,390 $53,660
2014 $5,119 $59,735 $7,230 $52,505
2013 $7,152 $83,645 $7,230 $76,415
2010 $6,913 $86,630 $7,485 $79,145
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: QC4242702

Midwest Real Estate Data (MRED)

APN: 12-12-13-214-001

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