NOT LISTED FOR SALE

815 Washington St Mendota, IL 61342

Estimated Value: $168,254

12 Beds
7 Baths
5,184 Sq Ft
$32/Sq Ft Est. Value

Last Sold April 10, 2024

Last sale price $157,000 $30 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,223/month

62 Days on Market

About This Home

As of April 2024

Looking for an Investment property? Look no further! Two Story Brick Building with 8 unit apartments and one studio apartment. Located on a high traffic corner. Front covered porch and Parking on three sides. The landlord pays water, garbage and gas for the water heater. Water heater installed 2023. Renter pays electric for heat and rent. Basement with work shop. 1 studio, 2 -- 1 bedroom apartments and 5 -- 2 bedroom apartments. One (1) bedroom in the basement. Seller is currently remodeling two apartments. Updates since seller bought-- painting, electrical, copper plumbing, flooring, and heating. Each apartment comes with a stove and refrigerator. Studio apartment has a refrigerator and no stove. Apartment Manager resides in one apartment and willing to stay and manage. Seller selling AS IS! Call today for a showing!

Last Agent to Sell the Property

Lori Erbes

Erbes Realty LLC License #471000135 Listed on: 01/06/2024

Last Buyer's Agent

Adolfo LazcanoJr

Keller Williams Success Realty License #475207852

Keller Williams Success Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,125

Year Built

  • Built in 1866

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 33x94.4

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation
  • Stone Foundation

Interior Spaces

  • 5,184 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 7 Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • 8 Units

Building Details

  • Electric Expense $2,500
  • Fuel Expense $1,400
  • Insurance Expense $3,600
  • Trash Expense $455
  • Water Sewer Expense $500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,125

Year Built

Built in 1866

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 2
  • Year Built: 1866
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 7
  • Total Bedrooms: 12
  • Refrigerators: 9
  • Ranges: 8
  • Room: 5

Exterior Features

  • Foundation Details: Brick/Mortar, Stone
  • Exterior Building Type: Brick
  • Roof Structure: Flat

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers
  • Utilities: Sanitary Sewer, Water to Site
  • Heat/Ventilation: Electric

Fee Information

  • Trash Expense: 455
  • Water Sewer Expenses: 500

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 33X94.4
  • Lot Size Sq Ft: 3049
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 19

Building Info

  • BuildingAreaTotal: 5184

Multi Family

  • Fuel Expense: 1400
  • Insurance Expense: 3600
  • ElectricExpense: 2500
  • NumberOfUnitsTotal: 8
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 4124.96
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2024
Closed on
Apr 10, 2024
Sold by
Ramirez Angel G and Ramirez Mercedes
Bought by
Lazacano Adolfo
Seller's Agent
Lori Erbes
Erbes Realty LLC
Buyer's Agent
Adolfo LazcanoJr
Keller Williams Success Realty
List Price
$180,000
Sold Price
$157,000
Premium/Discount to List
-$23,000
-12.78%
Views
118
Current Estimated Value
$168,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,254
Avg. Annual Appreciation
3.92%
Source: Public Records
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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
Lazacano Adolfo $157,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2024 04/10/24 Sold $157,000 -12.8% $30 / Sq Ft
03/11/2024 03/11/24 Pending -- -- --
01/08/2024 01/08/24 For Sale $180,000 -- $35 / 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 $4,188 $48,352 $9,815 $38,537
2023 $4,309 $48,352 $9,815 $38,537
2022 $4,125 $45,615 $9,259 $36,356
2021 $4,338 $45,615 $9,259 $36,356
2020 $4,323 $45,615 $9,259 $36,356
2019 $4,384 $45,615 $9,259 $36,356
2018 $4,532 $45,615 $9,259 $36,356
2017 $4,615 $45,615 $9,259 $36,356
2016 $4,657 $45,615 $9,259 $36,356
2015 $4,679 $45,615 $9,259 $36,356
2012 -- $45,615 $9,259 $36,356
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11957406

Midwest Real Estate Data (MRED)

APN: 01-33-303016