720 Wigwam Hollow Rd Unit 1 Macomb, IL 61455
Estimated payment $2,728/month
Highlights
- Recreation Room
- Guest Parking
- Central Air
- Corner Lot
- Two Heating Systems
- High Speed Internet
About This Home
This large 7875 sq ft building with three levels, is located close to Western Illinois University. Previously used as a fraternity house with 19 rooms, but for the last two years Master Level Foreign Students attending WIU, have rented rooms in the house and has been reclassified as a "Boarding House", by the city of Macomb. The whole house has been furnished, even the kitchen was decked out for tenants usage. Each bedroom has either a queen or twin size bed, dresser, bed side stand, desk or table, chair, mini-refrigerators, and microwave. The living room on the main level, has a tall table with matching four chairs, two couches and a matching chair, for a comfortable area for studying or socializing and an adjacent three quarter (3/4) bathroom and one half (1/2) bath. The lower level, also has a dining room table for six, two leatherette couches, and a couple of futons with an adjoining kitchen, laundry room with each having a tall table with matching 4 chairs. The basement level, has one (1) full bathroom for 3 room tenants to share. The top floor plans could be changed the eleven (11) rooms into two (2) large private rooms with each having a private full Bathroom, and adding a half bath with the other bathroom that 4 other rooms can share, leaving one or two rooms that could be made into a kitchenette so these upstairs tenant do not have to go to lower floor to cook. These planned additions will change the vacancy rate to practically 0, and increase the income.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,602
Year Built
- Built in 1974
Lot Details
- 0.44 Acre Lot
- Lot Dimensions are 130 x146.5
- Corner Lot
- Level Lot
Home Design
- Brick Exterior Construction
- Block Foundation
- Shingle Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 19 Bedrooms
- 7,875 Sq Ft Home
- Recreation Room
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Basement Window Egress
Parking
- 14 Parking Spaces
- Parking Pad
- Guest Parking
Schools
- Macomb Lincoln Elementary School
- Macomb Middle School
- Macomb High School
Utilities
- Central Air
- Two Heating Systems
- Heating System Uses Natural Gas
- High Speed Internet
Community Details
- University Park Subdivision
- Trash Expense $1,800
Listing and Financial Details
- Assessor Parcel Number 11-101-328-00
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,602 | $66,076 | $8,265 | $57,811 |
| 2023 | $8,178 | $65,458 | $7,921 | $57,537 |
| 2022 | $7,735 | $65,458 | $7,921 | $57,537 |
| 2021 | $7,422 | $65,458 | $7,921 | $57,537 |
| 2020 | $7,348 | $73,379 | $7,921 | $65,458 |
| 2019 | $7,325 | $67,268 | $8,140 | $59,128 |
| 2018 | $7,009 | $67,268 | $8,140 | $59,128 |
| 2017 | $6,837 | $67,268 | $8,140 | $59,128 |
| 2016 | $6,637 | $67,268 | $8,140 | $59,128 |
| 2015 | $6,685 | $67,268 | $8,140 | $59,128 |
| 2014 | $6,665 | $67,268 | $8,140 | $59,128 |
| 2013 | $6,360 | $67,268 | $8,140 | $59,128 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/09/2025 09/09/25 | For Sale | $400,000 | -- | $51 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $190,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $439,000 | None Available | |
| Warranty Deed | $300,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $65,000 | New Conventional | |
| Previous Owner | $329,255 | Commercial |
Source: RMLS Alliance
MLS Number: PA1260853
APN: 11-101-328-00
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