Seller's Agent in 2023
Tracy Lockenour
HomeSmart Realty Group Illinois
(309) 222-1792
1 in this area
218 Total Sales
809 E 14th St Georgetown, IL 61846
Estimated Value: $118,000 - $341,222
--
Bed
--
Bath
--
Sq Ft
1.37
Acres
About This Home
As of May 2023This rental property is a 6-unit development with a single family 3 bedroom home, a duplex with two rentable units, and a warehouse with three separate apartments built inside and 1200 square feet of space that can be rented or built into additional rental units. The three apartments each have their own 1 stall garage space. The properties are situated on 1.5 acres of land and .5 of that acreage is vacant and buildable. This property is cashflow positive from day one. Duplexes and one apartment have just been updated beautifully. These properties are continually rented and have month to month leases. This is an investors dream.
Last Agent to Sell the Property
HomeSmart Realty Group Illinois License #475173524 Listed on: 09/30/2022
Last Buyer's Agent
HomeSmart Realty Group Illinois License #475173524 Listed on: 09/30/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,891
Year Built
- Built in 2002
Lot Details
- 1.37 Acre Lot
- Lot Dimensions are 226x264
Parking
- 10 Parking Spaces
Interior Spaces
- 1-Story Property
- Laundry Room
Utilities
- Forced Air Heating and Cooling System
- Window Unit Cooling System
Listing and Financial Details
- Tenant pays for air conditioning, electricity, heat, sewer
Community Details
Overview
- 6 Units
Building Details
- Insurance Expense $3,526
- Maintenance Expense $7,200
- Other Expense $4,500
- Operating Expense $19,618
- Gross Income $48,120
- Net Operating Income $29,702
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/10/2023 05/10/23 | Sold | $307,000 | -5.5% | -- |
| 03/15/2023 03/15/23 | Pending | -- | -- | -- |
| 09/30/2022 09/30/22 | For Sale | $325,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Tracy Lockenour
-
Brady Lockenour
Seller Co-Listing Agent in 2023
Brady Lockenour
HomeSmart Realty Group Illinois
(309) 397-5544
1 in this area
29 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11642491
APN: 28-29-401-058
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