NOT LISTED FOR SALE

823 S State Ave Freeport, IL 61032

Estimated Value: $56,031 - $73,000

2 Beds
2 Baths
1,256 Sq Ft
$52/Sq Ft Est. Value

Last Sold August 14, 2023

Last sale price $45,500 $36 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $430/month

82 Days on Market

Highlights

  • Porch
  • Laundry Room
  • Dining Room
  • Patio
  • Central Air
  • Family Room

About This Home

As of August 2023

Cash Flow Machine! Start the year off with a real sense of financial security. This well maintained property with a performing tenant is available with full financial records. Currently rented for $800 a month. Fair market rent is over $1,040 Available for purchase individually or as part of a larger portfolio of single family, duplexes and triplexes.

Last Agent to Sell the Property

Misael Chacon

Beycome brokerage realty LLC License #471021523 Listed on: 02/04/2023

Last Buyer's Agent

Misael Chacon

Beycome brokerage realty LLC License #471021523 Listed on: 02/04/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $500

Year Built

  • Built in 1912

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 56x60

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,256 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Off-Street Parking

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$500

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1912
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • LivingArea: 1256
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio, Porch, Other
  • Lot Features: Common Grounds
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Frame,Wood Siding

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Electric
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 56X60
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 499.5
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2023
Closed on
Aug 3, 2023
Sold by
Ugalde Ruben
Bought by
Iqbal Syed Hashim
Seller's Agent
Misael Chacon
Beycome brokerage realty LLC
Buyer's Agent
Misael Chacon
Beycome brokerage realty LLC
List Price
$75,000
Sold Price
$45,500
Premium/Discount to List
-$29,500
-39.33%
Views
80
Current Estimated Value
$65,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,508
Avg. Annual Appreciation
16.10%

Purchase Details

Closed on
Jun 30, 2008
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
Iqbal Syed Hashim $738,000 --
-- $9,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2023 08/14/23 Sold $45,500 -39.3% $36 / Sq Ft
04/28/2023 04/28/23 Pending -- -- --
02/04/2023 02/04/23 For Sale $75,000 -- $60 / 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 $1,081 $9,659 $249 $9,410
2023 $930 $7,316 $257 $7,059
2022 $908 $7,316 $257 $7,059
2021 $480 $5,883 $249 $5,634
2020 $492 $5,883 $249 $5,634
2019 $499 $5,343 $249 $5,094
2018 $500 $5,195 $249 $4,946
2017 $500 $5,091 $249 $4,842
2016 $494 $5,152 $249 $4,903
2015 $751 $5,833 $248 $5,585
2013 $809 $6,766 $262 $6,504
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11712867

Midwest Real Estate Data (MRED)

APN: 18-14-31-433-009