NOT LISTED FOR SALE

7606 N 2nd St Machesney Park, IL 61115

Estimated Value: $178,000 - $258,000

8 Beds
64 Baths
4,588 Sq Ft
$49/Sq Ft Est. Value

Last Sold November 27, 2017

Last sale price $181,000 $39 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,540/month

138 Days on Market

About This Home

As of November 2017

TWO MACHESNEY PARK FOUR FAMILY BUILDINGS TOTAL EIGHT UNITS ALL 1 BEDROOM, 1 BATH WITH SEPARATE UTILITIES AND BASEMENT LAUNDRY HOOK UPS. LOW MAINTENANCE EXTERIOR. TO BE SOLD "AS IS".

Last Agent to Sell the Property

George Licari

DICKERSON & NIEMAN License #475106790 Listed on: 06/12/2017

DICKERSON & NIEMAN

Last Buyer's Agent

Edward Hornbeck

BR Properties, Inc. License #471004241

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,008

Year Built

  • Built in 1957

Lot Details

  • 8,843

Parking

  • 8 Car Parking Spaces

Home Design

  • Shingle Roof
  • Siding

Interior Spaces

  • 4,588 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House
  • Stove

Schools

  • Machesney Elementary School
  • Harlem Jr Middle School
  • Harlem High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater

Community Details

  • 8 Units
  • 1-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,008

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 4588
  • Front: 114
  • Grid: 43
  • Legal Description: EDGEWATER SUB PT LTS 5 + 6 RIVER VIEW ADD IN SECS 36-45-1 + 31-45-2 (EXC S 25 FT W 73 FT) LOT 3 AND LOT 004
  • Lvt Date: 06/13/2017
  • Rear: 77
  • Side 1: 222
  • Side 2: 222
  • Style: 1 Story
  • Type: 5+ Units
  • Total Assessed Value: 71,551
  • Calculate Cap Rate: Yes
  • Annual Insurance Expense: 1200
  • Maintenance Yr: 2880
  • Number Of Floors In Bldg: 1
  • Number Of Tenants In Bldg: 8
  • Number Of Units In Bldg: 8
  • Potential Income: 42600
  • Agent Only_ L A1 User Code: 4613
  • Elementary School: Machesney Elementary
  • Pertinent Facts: TWO MACHESNEY PARK FOUR FAMILY BUILDINGS TOTAL EIGHT UNITS ALL 1 BEDROOM, 1 BATH WITH SEPARATE UTILITIES AND BASEMENT LAUNDRY HOOK UPS. LOW MAINTENANCE EXTERIOR. TO BE SOLD "AS IS".
  • L O1 Brokerage Number: 478001315
  • S O1 Brokerage Number: 478026590
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: Full
  • Basement: Yes

Exterior Features

  • Exterior: Siding
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 8

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: City
  • Water: City
  • Water Heater: Gas
  • Separate Utilities: Yes

Schools

  • School District: Harlem 122
  • Elementary School: Machesney Elementary
  • Middle School: Harlem Jr
  • High School: Harlem High School

Building Info

  • Year Built: 1957

Tax Info

  • Year: 2016
  • Taxes: 8008

MLS Schools

  • HighSchool: Harlem High School
  • School District: Harlem 122
  • Middle School: Harlem Jr

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2017
Closed on
Nov 27, 2017
Sold by
Robare Trust 2
Bought by
Boundless Homes Llc
Seller's Agent
George Licari
DICKERSON & NIEMAN
Buyer's Agent
Edward Hornbeck
BR Properties, Inc.
List Price
$210,000
Sold Price
$181,000
Premium/Discount to List
-$29,000
-13.81%
Current Estimated Value
$225,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,667
Avg. Annual Appreciation
2.82%
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
Boundless Homes Llc $181,000 Mta
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2017 11/27/17 Sold $181,000 -13.8% $39 / Sq Ft
10/28/2017 10/28/17 Pending -- -- --
06/12/2017 06/12/17 For Sale $210,000 -- $46 / 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 $4,274 $53,677 $18,595 $35,082
2023 $3,478 $40,297 $16,514 $23,783
2022 $3,455 $36,754 $15,062 $21,692
2021 $3,225 $34,184 $14,009 $20,175
2020 $2,977 $32,562 $13,344 $19,218
2019 $3,079 $31,190 $12,782 $18,408
2018 $3,639 $30,167 $12,363 $17,804
2017 $4,046 $36,414 $12,024 $24,390
2016 $3,995 $35,690 $11,785 $23,905
2015 $3,972 $35,066 $11,579 $23,487
2014 $3,874 $35,066 $11,579 $23,487
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2017

    George Licari

    DICKERSON & NIEMAN

    (815) 978-4534

    10 Total Sales

    George Licari
    Section Image

  • E

    Buyer's Agent in 2017

    Edward Hornbeck

    BR Properties, Inc.

    (815) 961-8800

    2 Total Sales

    Edward Hornbeck
    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201703474

NorthWest Illinois Alliance of REALTORS®

APN: 08-31-152-034

Illinois Winnebago County Machesney Park 61115

7606 N 2nd St, Machesney Park, IL

This home is located at 7606 N 2nd St, Machesney Park, IL 61115 since 12 June 2017 and is currently estimated at $225,667, approximately $49 per square foot. This property was built in 1957. 7606 N 2nd St is a home located in Winnebago County with nearby schools including Marquette Elementary School, Harlem Middle School, and Harlem High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NorthWest Illinois Alliance of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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