NOT LISTED FOR SALE

875 N Birch Dr Lena, IL 61048

Studio
-- Bath
7,152 Sq Ft
1982 Built

Sale Details

Date Sold: June 30, 2023

Last sale price $475,000 $66 Per Sq Ft

4 Days on Market

Highlights

  • Balcony
  • Brick or Stone Mason
  • Coin Laundry
  • Lena-Winslow Elementary School Rated A-
  • Baseboard Heating
  • Wood Siding

About This Home

As of June 2023

Great investment opportunity, 8 unit apartment building with excellent rental history. All apartments are 2 bedrooms, 1 bathroom. Each unit comes with stove, refrigerator, and wall a/c. New leased laundry system on each floor projected to cover common area utilities and maintenance expense. New upper steel roof 2022. Location, location, location / it's spelled, Lena, Lena, Lena. Excellent schools. Near By: 27 holes of golf, Lake Laquana state park, camping, fishing, boating, hiking: public water park, bowling, miniature golf. antiques, fine dining, Fresh air, country living.

Last Agent to Sell the Property

Kevin Althafer

Wingert Real Estate LLC License #475130779 Listed on: 06/01/2023

Last Buyer's Agent

Tracy Shuman

Re/Max Professional Advantage License #475186887

Re/Max Professional Advantage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,017

Year Built

  • Built in 1982

Parking

  • 16 Car Parking Spaces

Home Design

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

Interior Spaces

  • 7,152 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven
  • Stove
  • Range

Outdoor Features

  • Balcony

Schools

  • Lewin Elementary And Middle School
  • Lewin High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Baseboard Heating
  • Separate Meters
  • Separate Water Meter
  • Electric Water Heater

Community Details

Overview

  • 8 Units
  • 2-Story Building

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,017

Year Built

Built in 1982

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop, Oven
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 3576
  • Front: 100
  • General Features: Balcony, Laundry in Building
  • Legal Description: LOT 83 PARKSIDE SUB PLAT # 1
  • Lvt Date: 06/02/2023
  • Rear: 100
  • Side 1: 185.99
  • Side 2: 185.99
  • Style: 2 Story
  • Type: 5+ Units
  • Maintenance Yr: 2000
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 9
  • Number Of Units In Bldg: 8
  • Utilities Yr: 1812
  • Agent Only_ L A1 User Code: 110352
  • Elementary School: LeWin
  • Estimated Total Finished Sq Ft: 7152
  • Hold Earnest Money Y N: No
  • Pertinent Facts: Great investment opportunity, 8 unit apartment building with excellent rental history. All apartments are 2 bedrooms, 1 bathroom. Each unit comes with stove, refrigerator, and wall a/c. New leased laundry system on each floor projected to cover common area utilities and maintenance expense. New upper steel roof 2022. Location, location, location / it's spelled, Lena, Lena, Lena. Excellent schools. Near By: 27 holes of golf, Lake Laquana state park, camping, fishing, boating, hiking: public water park, bowling, miniature golf. antiques, fine dining, Fresh air, country living.
  • Designated Managing Broker Y N: No
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Separate Water Y N: Yes
  • Washer Dryer Coin Operated: Yes
  • Washer Dryer Hookups: No
  • Washer Dryer: No
  • Estimated Above Grade Sq Ft: 7152
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

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

Garage/Parking

  • Total Numberof Parking Spaces: 16

Utilities

  • Cooling: Wall Unit, Window Unit
  • Heating: Baseboard, Electric
  • Sewer: City
  • Water: City
  • Water Heater: Electric
  • Separate Utilities: Yes

Building Info

  • Year Built: 1982

Tax Info

  • Year: 2022
  • Taxes: 8017

MLS Schools

  • HighSchool: LeWin
  • School District: LeWin
  • Middle School: LeWin
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/30/2023 06/30/23 Sold $475,000 -5.0% $66 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $500,000 -- $70 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,765 $92,585 $8,094 $84,491
2023 $8,801 $83,500 $7,300 $76,200
2022 $8,017 $83,500 $7,300 $76,200
2021 $7,288 $75,897 $7,283 $68,614
2020 $7,381 $75,897 $7,283 $68,614
2019 $7,291 $74,409 $7,140 $67,269
2018 $7,121 $71,893 $6,899 $64,994
2017 $7,160 $71,893 $6,899 $64,994
2016 $7,143 $71,893 $6,899 $64,994
2015 $7,183 $71,181 $6,831 $64,350
2013 $7,528 $72,991 $3,632 $69,359
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202302947

NorthWest Illinois Alliance of REALTORS®
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