NOT LISTED FOR SALE

871 W College Ave Jacksonville, IL 62650

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

3 Beds
4 Baths
4,706 Sq Ft
$42/Sq Ft Est. Value

Last Sold August 25, 2021

Last sale price $144,500 $31 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,397/month

About This Home

As of August 2021

Very Well maintained 5 Unit Multi-family home. Fully rented with good income. Close to Illinois College. Newer Roof in 2019. 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.

Last Agent to Sell the Property

Scott Eoff

RE/MAX Results Plus License #471007845 Listed on: 05/27/2021

RE/MAX Results Plus

Last Buyer's Agent

Scott Eoff

RE/MAX Results Plus License #471007845 Listed on: 05/27/2021

RE/MAX Results Plus

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,652

Year Built

  • Built in 1930

Lot Details

  • 0.4

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Brick Basement

Schools

  • District #117 Washington High School

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,652

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story | Other Style
  • Legal Description: RNG/BLK: TWP:0 SECT/LOT: CITY OF JACKSONVILLE WEST JACKSONVILLE ADDITION LT 1 AND 25FT N SD LT 2 BLK
  • Lvt Date: 05/27/2021
  • Year Built: 1930
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dryers: 1
  • Number of Ranges: 5
  • Number Refrigerators: 5
  • Number Washers: 1
  • Basement: Full, Brick, Unfinished
  • Price Per Sq Ft: 30.71
  • Total Sq Ft: 4706

Exterior Features

  • Exterior: Vinyl Siding, Wood Siding
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: On-Street Parking, Parking Slab
  • Number Parking Spaces: 10

Utilities

  • Heating Cooling: Gas, Radiant, Window Units
  • Water Sewer: Public Sewer, Public Water
  • Garbage Collection Exp: 876
  • Laundry Facilities: Common, Owned Equipment
  • Number Window Units: 5

Schools

  • High School: District #117 Washington

Lot Info

  • Estimated Lot Size: 125x140
  • Lot Description: Corner
  • Geo Subdivision: IL

Rental Info

  • Gross Annual Rent Income: 22140

Tax Info

  • Annual Taxes: 3652
  • Parcel Id Number Tax Id: 0920113001
  • Tax Year: 2020

Multi Family

  • Total Number Units: 5
  • Gross Annual Income: 50580
  • Total Number Electric Meters: 5
  • Total Number Gas Meters: 5
  • Total Number Heating Units: 8
  • Total Number Water Heaters: 8
  • Total Number Water Meters: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2024
Sold by
Myers Brian M
Bought by
Red Oak Rentals Llc
Current Estimated Value
$197,133

Purchase Details

Listed on
May 27, 2021
Closed on
Aug 17, 2021
Sold by
Black Pearl Property Group Llc
Bought by
Myers Brian M
Seller's Agent
Scott Eoff
RE/MAX Results Plus
Buyer's Agent
Scott Eoff
RE/MAX Results Plus
List Price
$229,000
Sold Price
$144,500
Premium/Discount to List
-$84,500
-36.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.71%
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
08/25/2021 08/25/21 Sold $144,500 -3.7% $31 / Sq Ft
07/02/2021 07/02/21 Pending -- -- --
06/29/2021 06/29/21 Price Changed $150,000 -26.8% $32 / Sq Ft
06/13/2021 06/13/21 Price Changed $205,000 -10.5% $44 / Sq Ft
05/27/2021 05/27/21 For Sale $229,000 -- $49 / 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 2021

    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: CA1007366

RMLS Alliance

APN: 09-20-113-001

Illinois Morgan County Jacksonville 62650

871 W College Ave, Jacksonville, IL

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