$105,000
SOLD SEP 24, 2025

8 1/2 E Main St Mount Morris, IL 61054

3 Beds
3 Baths
2,080 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$50 Per Sq Ft

17% Above List Price

3 Days on Market

Highlights

  • 1-Story Property
  • Heating Available
  • 5-minute walk to Mt Morris Skate Park
  • Oregon High School Rated 9+

About This Home

As of September 2025

Opportunity Knocks in Mt. Morris! This fully occupied 3-4 unit apartment building is conveniently located just steps from downtown Mt. Morris. Featuring a newer roof and replacement windows, this investment property is well maintained and ready for its next owner. Each of the one-bedroom apartments comes equipped with a stove and refrigerator, plus tenants enjoy the convenience of on site coin laundry. With separate utilities, off street parking on a blacktop drive for four cars, and long term tenants providing steady cash flow, this is a fantastic opportunity to grow your investment portfolio.

Last Agent to Sell the Property

Carla Benesh

RE/MAX of Rock Valley Brokerage Phone: (815) 985-6235 License #471010258 Listed on: 08/25/2025

Last Buyer's Agent

Rebecca Thalhofer

Dickerson & Nieman Realtors - Rockford License #475137592

Dickerson & Nieman Realtors - Rockford

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,803

Year Built

  • Built in 1950

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 36.4x135

Home Design

  • Asphalt Roof
  • Concrete Block And Stucco Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 3 Bathrooms

Parking

  • 4 Parking Spaces
  • Parking Included in Price

Utilities

  • Heating Available

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,803

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1950
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Attribution Contact: (815) 985-6235
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partially Finished, Full
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Concrete
  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Parking Features: On Site, Owned
  • ParkingTotal: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 36.4x135
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2802.92
  • Tax Year: 2024
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 1 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2025
Closed on
Sep 24, 2025
Sold by
Deurmier Joel
Bought by
Fonseca German
Seller's Agent
Carla Benesh
RE/MAX of Rock Valley
Buyer's Agent
Rebecca Thalhofer
Dickerson & Nieman Realtors - Rockford
List Price
$89,900
Sold Price
$105,000
Premium/Discount to List
$15,100
16.8%
Views
26
Current Estimated Value
$105,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315
Avg. Annual Appreciation
1.26%
Original Mortgage
$78,750
Outstanding Balance
$78,750
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$26,565

Purchase Details

Closed on
Jun 3, 2022
Sold by
Deurmier Joel
Bought by
Deurmier Joel

Purchase Details

Closed on
Jun 17, 2008
Sold by
Chamblin Kelly R and Deurmier Kelly R
Bought by
Deurmier Joel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.96%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $105,000 None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $78,750 New Conventional
Previous Owner $60,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2025 09/24/25 Sold $105,000 +16.8% $50 / Sq Ft
08/28/2025 08/28/25 Pending -- -- --
08/25/2025 08/25/25 For Sale $89,900 -- $43 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $3,058 $31,538 $3,265 $28,273
2023 $2,804 $29,011 $3,003 $26,008
2022 $2,682 $26,643 $2,758 $23,885
2021 $2,520 $24,692 $2,556 $22,136
2020 $2,383 $22,986 $2,379 $20,607
2019 $2,261 $21,788 $2,255 $19,533
2018 $2,085 $20,554 $2,127 $18,427
2017 $2,093 $20,554 $2,127 $18,427
2016 $2,094 $20,554 $2,127 $18,427
2015 $2,077 $20,554 $2,127 $18,427
2014 $3,041 $20,554 $2,127 $18,427
2013 $3,048 $31,418 $2,277 $29,141
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12453580

Midwest Real Estate Data (MRED)

APN: 08-27-428-012