NOT LISTED FOR SALE

806 N Hamilton St Lincoln, IL 62656

Estimated Value: $102,000 - $136,000

-- Bed
-- Bath
1,936 Sq Ft
$61/Sq Ft Est. Value

Last Sold February 02, 2024

Last sale price $110,000 $57 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $860/month

66 Days on Market

About This Home

As of February 2024

This two story aluminum sided structure is host to three one bedroom units and one efficiency unit! Fully rented currently, you can purchase and instantly see $1825.00 in monthly rental income! Units are currently rented for $450, $450, $500, and $425/month (all have month to month leases and deposits equivalent to one months rent). All range/ovens and refrigerators are owned by seller and will remain with property. Property also features a full usable basement and a newer furnace. Current owner pays one Ameren bill (which includes the furnace and water heater that each serve the entire structure as well as basement/common area lighting), water, sewer, garbage, and is responsible for lawn maintenance. Tenants are responsible for their own monthly Ameren bills. No laundry facilities currently on premises. Opportunity knocks with this four unit apartment building!

Last Agent to Sell the Property

Seth Goodman

ME Realty License #475126097 Listed on: 10/13/2023

Last Buyer's Agent

Pat White

Johnson Real Estate License #475122197

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,093

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 40x150
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Concrete Foundation
  • Block Foundation
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,936 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Schools

  • Lincoln High School

Utilities

  • Forced Air Heating System
  • Window Unit Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 08-255-109-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,093

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1900
  • New Construction: No
  • Structure Type: Two or More Story
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished

Exterior Features

  • Lot Features: Level
  • Construction Type: Aluminum Siding
  • Foundation Details: Block, Concrete
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: On Street

Utilities

  • Heating: Forced Air, Gas, Window Unit(s)
  • Laundry Features: None
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfRanges: 4
  • NumberofRefrigerators: 4
  • NumberOfWashers: 0
  • NumberOfDryers: 0
  • NumberOfDishwashers: 0
  • NumberOfWindowUnits: 0

Fee Information

  • AdvertisingExpense: 0

Schools

  • High School: Lincoln

Lot Info

  • Lot Size: 40X150
  • Parcel #: 08-255-109-00

Rental Info

  • Lease Term: Month To Month

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2092.98
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2023
Closed on
Feb 2, 2024
Sold by
Hackett Joshua N
Bought by
Colliver Timothy R
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Pat White
Johnson Real Estate
List Price
$125,000
Sold Price
$110,000
Premium/Discount to List
-$15,000
-12%
Views
43
Current Estimated Value
$117,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,441
Avg. Annual Appreciation
3.66%

Purchase Details

Closed on
Jul 18, 2017
Sold by
Campbell Paul and Campbell Jacqueline
Bought by
Hackett Joshua N

Purchase Details

Closed on
Mar 2, 1992
Sold by
Campbell Paul and Campbell Jacqueline
Bought by
Campbell Paul and Campbell Jacqueline
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 Buyer Sale Price Title Company
Colliver Timothy R $110,000 None Available
Hackett Joshua N $65,000 None Available
Hackett Joshua N -- --
Campbell Paul $41,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2024 02/02/24 Sold $110,000 -12.0% $57 / Sq Ft
12/18/2023 12/18/23 Pending -- -- --
10/13/2023 10/13/23 For Sale $125,000 -- $65 / 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 $2,881 $31,430 $4,640 $26,790
2023 $2,753 $29,110 $4,300 $24,810
2022 $2,093 $27,210 $4,020 $23,190
2021 $1,992 $26,120 $3,860 $22,260
2020 $1,957 $25,730 $3,800 $21,930
2019 $1,905 $25,230 $3,730 $21,500
2018 $1,879 $24,740 $3,660 $21,080
2017 $1,868 $24,740 $3,660 $21,080
2016 $2,403 $24,720 $3,660 $21,060
2015 $2,409 $24,640 $3,750 $20,890
2014 $2,409 $24,640 $3,750 $20,890
2013 $2,409 $23,390 $3,560 $19,830
2012 $2,409 $23,810 $3,620 $20,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1025410

RMLS Alliance

APN: 08-255-109-00