$255,000
SOLD MAR 21, 2025
-- Bed
-- Bath
-- Sq Ft
9,840 Sq Ft Lot

Recently Sold

15% Below List Price

41 Days on Market

About This Home

As of March 2025

Clean, affordable housing. This 10 unit apartment building generates stellar profit and would be a greater starter property or addition to existing portfolio! Currently 100% occupied

Last Agent to Sell the Property

Jillian Williams

Main Place Real Estate License #475195742

Last Buyer's Agent

Sarah Goddard

Keller Williams Revolution License #475209586

Keller Williams Revolution

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,790

Year Built

  • Built in 1980

Home Design

  • Traditional Architecture
  • Shingle Roof

Utilities

  • No Cooling
  • Heating Available
  • Gas Water Heater

Additional Features

  • 2-Story Property
  • 9,840 Sq Ft Lot

Listing and Financial Details

  • The owner pays for common area maintenance, grounds care, sewer
  • Assessor Parcel Number 04-12-15-305-022

Community Details

Overview

  • 10 Units
  • Geo F Wessels Add Subdivision

Building Details

  • Operating Expense $11,000
  • Net Operating Income $62,080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,790

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Lot Size Acres: 0.23
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Subdivision Name: Geo F Wessels Add
  • Year Built: 1980
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Sub Type Additional: Multi Family
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater
  • Owner Pays: Common Area Maintenance, Grounds Care, Sewer
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Shingle
  • Waterfront: No

Utilities

  • Cooling: None
  • Heating: Electric
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Junior High Dist: Decatur Dist 61

Lot Info

  • Lot Size Sq Ft: 9840.0
  • Parcel #: 04-12-15-305-022
  • Zoning: R-1
  • ResoLotSizeUnits: Acres

Multi Family

  • Property Net Operating Income: 62080.0
  • Number Of Units Total: 10
  • Annual Operating Expense: 11000.0

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3790.0

Map

Range of Values:

Collateral Analytics

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
03/21/2025 03/21/25 Sold $255,000 -14.7% --
03/21/2025 03/21/25 For Sale $299,000 0.0% --
02/10/2025 02/10/25 Off Market $299,000 -- --
10/22/2024 10/22/24 Price Changed $299,000 -12.1% --
10/21/2024 10/21/24 For Sale $340,000 0.0% --
09/17/2024 09/17/24 Pending -- -- --
08/07/2024 08/07/24 For Sale $340,000 -- --
Source: Central Illinois Board of REALTORS®

Source: Central Illinois Board of REALTORS®

MLS Number: 6245202