NOT LISTED FOR SALE

77 E Queenwood Rd Morton, IL 61550

Estimated Value: $977,000 - $1,326,000

4 Beds
2 Baths
10,971 Sq Ft
$101/Sq Ft Est. Value

Last Sold June 15, 2022

Last sale price $870,000 $79 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $7,538/month

7 Days on Market

About This Home

As of June 2022

Fantastic Morton location for this 12-unit multi-story apartment building with a brick front. Apartments consists of all large 2-bedroom units with mostly long-term tenants with the opportunity to increase rents. Apartment building has a brick front and a newer roof. Tenants pay gas, electric, water and sewer and each apartment has central air.

Last Agent to Sell the Property

Mark Rosenberg

Oakwood Real Estate License #471012524 Listed on: 04/11/2022

Last Buyer's Agent

Chad Joos

Joos Realty Company License #471010011

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,564

Year Built

  • Built in 1999

Lot Details

  • 0.67

Home Design

  • Slab Foundation

Schools

  • Morton High School

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tenant pays for gas & electric, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,564

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story | Apartment Building
  • Legal Description: SEC 29 T25N R3W LOT 1 NW 1/4 0.67 AC
  • Lvt Date: 04/11/2022
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Number of Ranges: 12
  • Number Refrigerators: 12
  • Basement: Slab
  • Price Per Sq Ft: 79.3
  • Total Sq Ft: 10971

Exterior Features

  • Exterior: Brick Partial, Vinyl Siding
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Guest Parking
  • Number Parking Spaces: 18

Utilities

  • Heating Cooling: Forced Air, Gas, Central Air
  • Water Sewer: Public Sewer, Public Water
  • Garbage Collection Exp: 1080
  • Laundry Facilities: Units Hook-Ups

Schools

  • High School: Morton

Lot Info

  • Estimated Lot Size: 160x183
  • Estimated Number of Acres: 0.67
  • Lot Description: Level
  • Subdivision: Unavailable
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: Gas & Electric, Sewer, Water

Tax Info

  • Annual Taxes: 16564.22
  • Parcel Id Number Tax Id: 06-06-29-115-039
  • Tax Year: 2020

Multi Family

  • Total Number Units: 12
  • Gross Annual Income: 88842
  • Total Number Central Air Units: 12
  • Total Number Electric Meters: 13
  • Total Number Gas Meters: 12
  • Total Number Heating Units: 12
  • Total Number Water Heaters: 12
  • Total Number Water Meters: 12

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

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2022 06/15/22 Sold $870,000 -12.6% $79 / Sq Ft
04/18/2022 04/18/22 Pending -- -- --
04/11/2022 04/11/22 For Sale $995,000 -- $91 / Sq Ft
Source: RMLS Alliance

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 $20,694 $302,900 $40,710 $262,190
2023 $20,694 $282,190 $37,930 $244,260
2022 $17,765 $230,040 $37,930 $192,110
2021 $17,087 $221,190 $36,470 $184,720
2020 $16,564 $219,000 $36,110 $182,890
2019 $16,520 $219,000 $36,110 $182,890
2018 $16,218 $219,000 $36,110 $182,890
2017 $15,799 $216,830 $35,750 $181,080
2016 $14,340 $200,670 $34,390 $166,280
2015 $14,659 $0 $0 $0
2013 $14,511 $204,660 $27,590 $177,070
Source: Public Records

Agents Affiliated with this Home

  • Mark Rosenberg

    Seller's Agent in 2022

    Mark Rosenberg

    Oakwood Real Estate

    (309) 688-6888

    1 in this area

    84 Total Sales

    Mark Rosenberg
    Section Image
  • Chad Joos

    Buyer's Agent in 2022

    Chad Joos

    Joos Realty Company

    (309) 696-2863

    2 in this area

    21 Total Sales

    Chad Joos
    Section Image
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Map

Source: RMLS Alliance

MLS Number: PA1233074

RMLS Alliance

APN: 06-06-29-115-039

Illinois Tazewell County Morton 61550

77 E Queenwood Rd, Morton, IL

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