NOT LISTED FOR SALE

818 S Walnut Ave Freeport, IL 61032

Estimated Value: $30,490

-- Bed
-- Bath
920 Sq Ft
$33/Sq Ft Est. Value

Last Sold May 14, 2024

Last sale price $30,000 $33 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $220/month

373 Days on Market

Highlights

  • Brick or Stone Mason
  • Forced Air Heating and Cooling System
  • Wood Siding

About This Home

As of May 2024

This is commercial building Has been an office for years prior to it being a grocery store, both uses allowed to continue. It could be a store or office or any other business and it could be switched to residential as well. Lots of windows and light , main office and entry 28 'x 17', back office 9 'x 76 , half bath,storage and 22 'x 11 ',Big garage power door opener. Great visibility with over 3,800 per day traffic count . Affordable and a lot of options ! Zoning is R5 -two family residence with many use options..

Last Agent to Sell the Property

Brian Borchardt

A-1 AGENCY License #471004534 Listed on: 04/11/2023

Last Buyer's Agent

THOMAS GRIMES

A-1 AGENCY License #475176138

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $768

Year Built

  • Built in 1922

Lot Details

  • 1,742

Home Design

  • Duplex
  • Brick or Stone Mason
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 920 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Schools

  • Freeport 145 Elementary And Middle School
  • Freeport 145 High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Separate Meters
  • Separate Water Meter
  • Electric Water Heater

Community Details

  • 2 Units
  • 1-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$768

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 920
  • Front: 35
  • Legal Description: PT LOT 12 BLK 28 KNOWLTON'S 2ND ADD
  • Lvt Date: 04/11/2023
  • Rear: 35
  • Side 1: 52
  • Side 2: 52
  • Style: 2 Story
  • Type: 2 Units
  • Number Of Floors In Bldg: 1
  • Number Of Units In Bldg: 2
  • Agent Only_ L A1 User Code: F_5
  • Elementary School: Freeport 145
  • Estimated Total Finished Sq Ft: 920
  • Hold Earnest Money Y N: No
  • Pertinent Facts: This is commercial building Has been an office for years prior to it being a grocery store, both uses allowed to continue. It could be a store or office or any other business and it could be switched to residential as well. Lots of windows and light , main office and entry 28 'x 17', back office 9 'x 76 , half bath,storage and 22 'x 11 ',Big garage power door opener. Great visibility with over 3,800 per day traffic count . Affordable and a lot of options ! Zoning is R5 -two family residence with many use options..
  • Designated Managing Broker Y N: Yes
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Separate Water Y N: Yes
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: No
  • Washer Dryer: No
  • Estimated Above Grade Sq Ft: 920
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Type: Full
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone, Wood
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: City
  • Water: City
  • Water Heater: Electric
  • Separate Utilities: Yes

Building Info

  • Year Built: 1922

Tax Info

  • Year: 2021
  • Taxes: 768

MLS Schools

  • HighSchool: Freeport 145
  • School District: Freeport 145
  • Middle School: Freeport 145

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2022
Closed on
Sep 8, 2022
Sold by
Stanis Gary E
Bought by
Qasim Rajih
Seller's Agent
Aubra Palermo
RE/MAX Unites
Buyer's Agent
Ann Haag
KEY REALTY
List Price
$30,000
Sold Price
$25,000
Premium/Discount to List
-$5,000
-16.67%
Current Estimated Value
$30,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,490

Purchase Details

Closed on
May 21, 2020
Sold by
Dawson James L
Bought by
Stanis Gary E and Stanis Michele D
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
Qasim Rajih $23,850 --
Stanis Gary E $20,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2024 05/14/24 Sold $30,000 -14.3% $33 / Sq Ft
04/18/2024 04/18/24 Pending -- -- --
04/01/2024 04/01/24 Price Changed $35,000 -30.0% $38 / Sq Ft
12/03/2023 12/03/23 For Sale $50,000 0.0% $54 / Sq Ft
11/26/2023 11/26/23 Pending -- -- --
11/02/2023 11/02/23 Price Changed $50,000 +11.1% $54 / Sq Ft
06/06/2023 06/06/23 For Sale $45,000 0.0% $49 / Sq Ft
05/25/2023 05/25/23 Pending -- -- --
04/11/2023 04/11/23 For Sale $45,000 +80.0% $49 / Sq Ft
09/07/2022 09/07/22 Sold $25,000 -16.7% $27 / Sq Ft View Prior Sale
08/17/2022 08/17/22 For Sale $30,000 -- $33 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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 $718 $6,416 $1,193 $5,223
2023 $769 $6,049 $1,125 $4,924
2022 $751 $6,049 $1,125 $4,924
2021 $767 $5,860 $1,090 $4,770
2020 $762 $5,860 $1,090 $4,770
2019 $772 $5,858 $1,091 $4,767
2018 $756 $5,719 $1,091 $4,628
2017 $756 $5,719 $1,091 $4,628
2016 $747 $5,719 $1,091 $4,628
2015 $736 $5,719 $1,091 $4,628
2013 $721 $6,031 $1,150 $4,881
Source: Public Records

Agents Affiliated with this Home

  • Brian Borchardt

    Seller's Agent in 2024

    Brian Borchardt

    A-1 AGENCY

    (815) 238-2015

    240 in this area

    395 Total Sales

    Brian Borchardt
    Section Image

  • T

    Buyer's Agent in 2024

    THOMAS GRIMES

    A-1 AGENCY

    (815) 590-7237

    14 in this area

    59 Total Sales

    THOMAS GRIMES
    Section Image
  • Aubra Palermo

    Seller's Agent in 2022

    Aubra Palermo

    RE/MAX Unites

    (815) 297-1778

    241 in this area

    400 Total Sales

    Aubra Palermo
    Section Image
  • Ann Haag

    Buyer's Agent in 2022

    Ann Haag

    KEY REALTY

    (815) 581-9471

    32 in this area

    85 Total Sales

    Ann Haag
    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202301651

NorthWest Illinois Alliance of REALTORS®

APN: 18-14-31-344-015

Illinois Stephenson County Freeport 61032

818 S Walnut Ave, Freeport, IL

Not Listed for Sale

MultiFamily

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