NOT LISTED FOR SALE

909 S State Ave Unit 911 Freeport, IL 61032

Estimated Value: $67,000 - $95,000

-- Bed
2 Baths
2,730 Sq Ft
$29/Sq Ft Est. Value

Last Sold September 29, 2022

Last sale price $38,000 $14 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $559/month

209 Days on Market

About This Home

As of September 2022

A real cash machine: 30% + pro forma return ( see attached public docs) on this spacious side by side non-conversion duplex. $1150.mo. income, pay $517 in taxes and $700 in insurance. That's all you have to do. Two very good tenants in place. Ready to line your pocket. Vacant lot next door could likely be purchased very inexpensively. Property does need exterior paint and a new roof.

Last Agent to Sell the Property

Brian Borchardt

A-1 AGENCY License #471004534 Listed on: 02/01/2022

Last Buyer's Agent

Brian Borchardt

A-1 AGENCY License #471004534 Listed on: 02/01/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $517

Lot Details

  • 3,790

Home Design

  • Duplex
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Basement

Kitchen

  • Oven
  • Range

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Schools

  • Freeport 145 Elementary And Middle School
  • Freeport 145 High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Separate Water Meter
  • Gas Water Heater

Community Details

  • 2 Units
  • 2-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$517

Lot Details

0

Listing Details

  • Electric: Circuit Breaker, Fuses
  • Appliances That Stay or Are Included: Refrigerator, Oven
  • Class: MULTIFAMILY
  • Estimated Below Grade Finished Sq Ft: 1428
  • Front: 54
  • General Features: Laundry in Unit
  • Grid: Freeport
  • Legal Description: PT LOTS 27 & 28 NEBRASKA ADD & PT LOTS 2 & 3 BLK 2 ELLIS ADD
  • Lvt Date: 02/01/2022
  • Rear: 54
  • Side 1: 60
  • Side 2: 60
  • Style: 2 Story
  • Type: 2 Units
  • Calculate Cap Rate: Yes
  • Annual Insurance Expense: 700
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 2
  • Number Of Units In Bldg: 2
  • Potential Income: 12586
  • Agent Only_ L A1 User Code: F_5
  • Elementary School: Freeport 145
  • Estimated Total Finished Sq Ft: 2730
  • Hold Earnest Money Y N: No
  • Pertinent Facts: A real cash machine: 30% + pro forma return ( see attached public docs) on this spacious side by side non-conversion duplex. $1150.mo. income, pay $517 in taxes and $700 in insurance. That's all you have to do. Two very good tenants in place. Ready to line your pocket. Vacant lot next door could likely be purchased very inexpensively. Property does need exterior paint and a new roof.
  • Designated Managing Broker Y N: Yes
  • Potential Annual Expenses: 1214
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Separate Water Y N: Yes
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: Yes
  • Washer Dryer: No
  • Estimated Above Grade Sq Ft: 1302
  • L O1 Brokerage Number: 478026897
  • S O1 Brokerage Number: 478026897
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Price Per Sq Ft: 13.92
  • Basement: Yes

Exterior Features

  • Exterior: Wood
  • Roof: Shingle

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: City
  • Water: City
  • Water Heater: Gas
  • Separate Utilities: Yes

Schools

  • School District: Freeport 145
  • Elementary School: Freeport 145
  • Middle School: Freeport 145
  • High School: Freeport 145

Tax Info

  • Year: 2020
  • Taxes: 517

MLS Schools

  • HighSchool: Freeport 145
  • School District: Freeport 145
  • Middle School: Freeport 145

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2022
Closed on
Oct 3, 2022
Sold by
Tess Properties Llc
Bought by
Lincke Patrick and Lincke Cynthia
Seller's Agent
Brian Borchardt
A-1 AGENCY
Buyer's Agent
Brian Borchardt
A-1 AGENCY
List Price
$47,344
Sold Price
$38,000
Premium/Discount to List
-$9,344
-19.74%
Total Days on Market
209
Current Estimated Value
$79,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,342
Avg. Annual Appreciation
33.04%

Purchase Details

Closed on
Jun 30, 2009
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lincke Patrick $36,500 --
-- $15,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2022 09/29/22 Sold $38,000 -4.8% $14 / Sq Ft
08/29/2022 08/29/22 Pending -- -- --
08/16/2022 08/16/22 Price Changed $39,900 -11.2% $15 / Sq Ft
07/30/2022 07/30/22 Price Changed $44,950 -5.1% $16 / Sq Ft
07/11/2022 07/11/22 For Sale $47,344 0.0% $17 / Sq Ft
07/01/2022 07/01/22 Pending -- -- --
06/21/2022 06/21/22 Price Changed $47,344 -6.0% $17 / Sq Ft
05/14/2022 05/14/22 For Sale $50,344 0.0% $18 / Sq Ft
03/23/2022 03/23/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $50,344 0.0% $18 / Sq Ft
02/09/2022 02/09/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $50,344 -- $18 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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 $1,507 $13,463 $290 $13,173
2023 $1,417 $11,142 $299 $10,843
2022 $1,193 $9,610 $299 $9,311
2021 $516 $3,944 $290 $3,654
2020 $513 $3,944 $290 $3,654
2019 $530 $4,017 $290 $3,727
2018 $516 $3,908 $290 $3,618
2017 $506 $3,832 $290 $3,542
2016 $506 $3,877 $290 $3,587
2015 $731 $5,674 $288 $5,386
2013 $1,279 $10,694 $304 $10,390
Source: Public Records

Agents Affiliated with this Home

  • Brian Borchardt

    Seller's Agent in 2022

    Brian Borchardt

    A-1 AGENCY

    (815) 238-2015

    408 Total Sales

    Section Image
See All Agents

Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202200458

NorthWest Illinois Alliance of REALTORS®

APN: 18-14-31-433-011

Illinois Stephenson County Freeport 61032

909 S State Ave Unit 911, Freeport, IL

This home is located at 909 S State Ave Unit 911, Freeport, IL 61032 since 01 February 2022 and is currently estimated at $79,342, approximately $29 per square foot. 909 S State Ave Unit 911 is a home located in Stephenson County with nearby schools including Freeport High School, Aquin Elementary School, and Aquin Catholic Junior/Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NorthWest Illinois Alliance of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes