Seller's Agent in 2022
JD Gieson
RE/MAX
(815) 677-1873
119 in this area
491 Total Sales
901 1st Ave Sterling, IL 61081
Estimated Value: $152,000
7
Beds
3
Baths
--
Sq Ft
0.39
Acres
About This Home
As of May 2022Cash flow! Corner lot 3 unit multi-family investment opportunity. Tenants pay all utilities. Featuring two 2 bedroom units and one 3 bedroom, as well as a new roof & updated electrical. Ideal location near downtown shopping and restaurants.
Last Agent to Sell the Property
RE/MAX of Rock Valley License #475189224 Listed on: 04/12/2022
Last Buyer's Agent
John Rosengren
Northwest Illinois Realty, LLC License #471001849
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,099
Year Built
- Built in 1900
Lot Details
- 0.39 Acre Lot
- Lot Dimensions are 100x169.50
- Corner Lot
Home Design
- Asphalt Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- 3 Bathrooms
Parking
- 6 Parking Spaces
- Uncovered Parking
- Off Alley Parking
- Parking Included in Price
- Unassigned Parking
Utilities
- Heating System Uses Natural Gas
Community Details
- 3 Units
- Gross Income $22,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 30, 2022
Sold by
Greater Sterling Development Corporation
Bought by
Sterling Industrial Development Commision
Current Estimated Value
Purchase Details
Listed on
Apr 12, 2022
Closed on
May 13, 2022
Sold by
Velasquez Nicolas A
Bought by
Greater Sterling Development Corporation
Seller's Agent
JD Gieson
RE/MAX of Rock Valley
Buyer's Agent
John Rosengren
Northwest Illinois Realty, LLC
List Price
$119,900
Sold Price
$106,000
Premium/Discount to List
-$13,900
-11.59%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sterling Industrial Development Commision | $38,666 | -- | |
| Greater Sterling Development Corporation | $106,000 | None Listed On Document |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/13/2022 05/13/22 | Sold | $106,000 | -11.6% | -- |
| 04/14/2022 04/14/22 | Pending | -- | -- | -- |
| 04/12/2022 04/12/22 | For Sale | $119,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $3,304 | $0 | $0 | $0 |
| 2023 | $3,304 | $0 | $0 | $0 |
| 2022 | $3,304 | $30,918 | $8,236 | $22,682 |
| 2021 | $3,188 | $29,157 | $7,767 | $21,390 |
| 2020 | $3,099 | $28,136 | $7,495 | $20,641 |
| 2019 | $3,080 | $27,625 | $7,359 | $20,266 |
| 2018 | $3,047 | $27,669 | $7,371 | $20,298 |
| 2017 | $3,053 | $27,479 | $7,320 | $20,159 |
| 2016 | $2,975 | $26,593 | $7,084 | $19,509 |
| 2015 | $2,845 | $27,323 | $7,279 | $20,044 |
| 2014 | $2,839 | $26,716 | $7,117 | $19,599 |
| 2013 | $2,845 | $27,323 | $7,279 | $20,044 |
Source: Public Records
Agents Affiliated with this Home
-
JD Gieson
-
J
Buyer's Agent in 2022
John Rosengren
Northwest Illinois Realty, LLC
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11373186
APN: 1121260012
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