$265,000
SOLD APR 30, 2025

719 Main St Mount Vernon, IL 62864

-- Bed
-- Bath
4,144 Sq Ft
5,053 Sq Ft Lot

Recently Sold

$64 Per Sq Ft

2% Below List Price

6 Days on Market

About This Home

As of April 2025

Nice downtown location within walking distance to library, dining, indoor & outdoor entertainment venues. This 4 plex apartment building has had some renovating in the past few years. There are 2 main level units & 2 upstairs units. Nice lobby entrance, nice back side patio for common use. Owner pays water, sewer, trash and common area electric. Tenants responsible for electric. On street parking as well as a large off street parking lot available to tenants. This building has 100% occupancy rate, great income and very little maintenance expenses. Great investment opportunity.

Last Agent to Sell the Property

Pam Kirkpatrick

Buy Home Realty License #471013838 Listed on: 03/04/2025

Last Buyer's Agent

Pam Kirkpatrick

Buy Home Realty License #471013838 Listed on: 03/04/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,236

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 49x107
  • Level Lot

Basement

  • Basement Fills Entire Space Under The House

Schools

  • Mt Vernon High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Electric Expense $790
  • Insurance Expense $4,000
  • Maintenance Expense $916
  • Water Sewer Expense $1,604
  • Gross Income $43,080
  • Net Operating Income $21,692

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,236

Year Built

Built in 1930

Lot Details

5,053 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • New Construction: No
  • Subdivision Name: None
  • Year Built: 1930
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Legal Description: Green's Sub BLK 12 PT LT 1
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Other Equipment: Water Heater-Electric

Exterior Features

  • Lot Features: Level

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Electric, Forced Air
  • Water Source: Public

Fee Information

  • Water Sewer Expenses: 1604

Schools

  • High School: Mt Vernon

Lot Info

  • Lot Dimensions: 49x107

Rental Info

  • Board Number: 29

Multi Family

  • Net Operating Income: 21692
  • Insurance Expense: 4000
  • ElectricExpense: 790
  • GrossIncome: 43080
  • Maintenance Expense: 916

Tax Info

  • Tax Annual Amount: 8236.36
  • Tax Year: 2023
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2025
Closed on
Apr 21, 2025
Sold by
Migration Ii Llc
Bought by
Ousley James
Seller's Agent
Pam Kirkpatrick
Buy Home Realty
Buyer's Agent
Pam Kirkpatrick
Buy Home Realty
List Price
$270,000
Sold Price
$265,000
Premium/Discount to List
-$5,000
-1.85%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Outstanding Balance
$263,828
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 22, 2022
Closed on
Oct 13, 2022
Sold by
Torrez Properties Inc
Bought by
Migration Ii Llc
Seller's Agent
Lisa McKinney
C21 All Pro Real Estate
Buyer's Agent
Lisa McKinney
C21 All Pro Real Estate
List Price
$275,000
Sold Price
$260,000
Premium/Discount to List
-$15,000
-5.45%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.75%
Original Mortgage
$182,000
Interest Rate
6.02%

Purchase Details

Closed on
Jan 3, 2006
Sold by
Ace Disposal Inc
Bought by
Torrez Properties Inc
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

Date Type Sale Price Title Company
Warranty Deed $265,000 None Listed On Document
Warranty Deed $260,000 --
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $265,000 New Conventional
Previous Owner $182,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2025 04/30/25 Sold $265,000 -1.9% $64 / Sq Ft
03/10/2025 03/10/25 Pending -- -- --
03/04/2025 03/04/25 For Sale $270,000 +3.8% $65 / Sq Ft
10/14/2022 10/14/22 Sold $260,000 -5.5% $63 / Sq Ft View Prior Sale
06/08/2022 06/08/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $275,000 -- $66 / 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 $8,853 $101,970 $7,016 $94,954
2023 $8,236 $94,138 $6,477 $87,661
2022 $2,642 $27,314 $5,682 $21,632
2021 $2,529 $26,013 $5,411 $20,602
2020 $2,536 $24,311 $5,057 $19,254
2019 $2,501 $24,311 $5,057 $19,254
2018 $2,252 $22,154 $5,057 $17,097
2017 $2,177 $22,154 $5,057 $17,097
2016 $2,151 $22,154 $5,057 $17,097
2015 $2,104 $22,154 $5,057 $17,097
2014 $1,733 $22,154 $5,057 $17,097
2013 $1,733 $20,900 $4,771 $16,129
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: EB457014

Midwest Real Estate Data (MRED)

APN: 07-29-377-002

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