NOT LISTED FOR SALE

871 W College Ave Unit 1-5 Jacksonville, IL 62650

Estimated Value: $170,000 - $255,000

-- Bed
-- Bath
4,706 Sq Ft
$42/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $149,000 $32 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,397/month

10 Days on Market

About This Home

As of April 2024

Very Well maintained 5 Unit, 5 bed, 5 bath Multi-family home. Fully rented with good income. Close to Illinois College. Newer Roof in 2022 Siding is freshly painted. Laundry is on site. The units are updated and in good condition. Excellent West Side location close to downtown and amenities. 48 hour notice needed for showings.

Last Agent to Sell the Property

Scott Eoff

RE/MAX Results Plus Brokerage Phone: 217-245-9613 License #471007845 Listed on: 02/27/2024

RE/MAX Results Plus

Last Buyer's Agent

Scott Eoff

RE/MAX Results Plus Brokerage Phone: 217-245-9613 License #471007845 Listed on: 02/27/2024

RE/MAX Results Plus

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,429

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 125x140
  • Corner Lot

Home Design

  • Brick Foundation
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 4,706 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • 10 Parking Spaces
  • Parking Pad
  • On-Street Parking

Schools

  • District #117 Washington High School

Utilities

  • Window Unit Heating System
  • Heating System Uses Gas
  • Radiant Heating System

Community Details

  • Trash Expense $876

Listing and Financial Details

  • Assessor Parcel Number 0920113001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,429

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1930
  • New Construction: No
  • Structure Type: Two or More Story, Other
  • Age55PlusDevelopment: No
  • Attribution Contact: Office: 217-245-9613
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Vinyl Siding, Wood Siding
  • Foundation Details: Brick
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: On Street, Other, Parking Pad
  • Total Parking Spaces: 10

Utilities

  • Heating: Gas, Radiant, Window Unit(s)
  • Laundry Features: Common Area, Owned Equipment
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfRanges: 5
  • NumberofRefrigerators: 5
  • NumberOfWashers: 1
  • NumberOfDryers: 1
  • NumberOfWindowUnits: 5

Condo/Co-op/Association

  • LawnSnowRemoval: 720

Fee Information

  • Trash Expense: 876
  • AdvertisingExpense: 0

Schools

  • High School: District #117 Washington

Lot Info

  • Lot Size: 125x140
  • Parcel #: 0920113001

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5428.72
  • TaxExemptions: None

Multi Family

  • Resident Manager Expense: 3322

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2024
Closed on
Apr 19, 2024
Sold by
Myers Brian M
Bought by
Red Oak Rentals Llc
Seller's Agent
Scott Eoff
RE/MAX Results Plus
Buyer's Agent
Scott Eoff
RE/MAX Results Plus
List Price
$169,000
Sold Price
$149,000
Premium/Discount to List
-$20,000
-11.83%
Views
39
Current Estimated Value
$197,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,133
Avg. Annual Appreciation
20.52%

Purchase Details

Closed on
Aug 17, 2021
Sold by
Black Pearl Property Group Llc
Bought by
Myers Brian M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 1, 2021
Sold by
Black Dustin R and Black Dustin
Bought by
Black Pearl Properties Llc

Purchase Details

Closed on
Nov 6, 2018
Sold by
Hill Rental Properties Llc
Bought by
Black Dustin R

Purchase Details

Closed on
Jun 30, 2014
Sold by
Franklin Dennis J and Franklin Lisa A
Bought by
Hill Rental Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,000
Interest Rate
4.11%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Red Oak Rentals Llc $149,000 None Listed On Document
Myers Brian M $144,500 Attorney
Black Pearl Properties Llc -- None Listed On Document
Black Dustin R $115,000 Attorney
Hill Rental Properties Llc $822,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Myers Brian M $230,000
Previous Owner Hill Rental Properties Llc $690,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2024 04/26/24 Sold $149,000 -11.8% $32 / Sq Ft
02/27/2024 02/27/24 For Sale $169,000 -- $36 / 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 $4,322 $53,110 $8,240 $44,870
2023 $4,813 $70,410 $8,240 $62,170
2022 $5,429 $56,980 $8,240 $48,740
2021 $3,860 $41,380 $8,240 $33,140
2020 $3,653 $38,390 $8,240 $30,150
2019 $3,755 $39,740 $8,240 $31,500
2018 $3,565 $39,120 $8,240 $30,880
2017 $3,486 $39,120 $8,240 $30,880
2016 $3,231 $35,880 $7,850 $28,030
2015 $3,191 $34,830 $7,620 $27,210
2014 $3,191 $34,830 $7,620 $27,210
2013 $2,161 $34,830 $7,620 $27,210
Source: Public Records

Agents Affiliated with this Home

  • Scott Eoff

    Seller's Agent in 2024

    Scott Eoff

    RE/MAX Results Plus

    267 in this area

    465 Total Sales

    Scott Eoff
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Map

Source: RMLS Alliance

MLS Number: CA1027546

RMLS Alliance

APN: 09-20-113-001

Illinois Morgan County Jacksonville 62650

871 W College Ave Unit 1-5, Jacksonville, IL

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