NOT LISTED FOR SALE

92 Broad St La Moille, IL 61330

Estimated Value: $164,000

Studio
15 Baths
6,700 Sq Ft
$24/Sq Ft Est. Value

Last Sold February 12, 2021

Last sale price $127,000 $19 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,006/month

138 Days on Market

About This Home

As of February 2021

LOOKING FOR A READY MADE INVESTMENT PROPERTY? LOOK NO FURTHER. Two parcels included. Hallway has been remodeled, nice original hardwood floors throughout a lot of the main floors. They are the original gym floors from when the building was part of the school. The cafeteria was in what is now the basement area, used for storage if the tenants need it. There is one empty apt at this time, the other four have year to year leases. Some apts have appliance that stay, some have appliances that belong to the tenants. There is washer/dryer hookup in each apt. Tenants are to provide their own air condition window units. Apartments are approximately 1200-1400 sq ft each and all are 2 stories. Four units have two bedrooms, one full bath. The fifth apt has one bedroom and one full and one half baths. Steel roof was installed in 2016. There is concrete parking available in the front of the building that is lit up for safety. ***Total expenses are listed as annual, not monthly***

Last Agent to Sell the Property

Jami Bauer

Town & Country Realty Sales License #475190080 Listed on: 09/03/2020

Town & Country Realty Sales

Last Buyer's Agent

Gloria Cogdal

Homestead Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,556

Year Built

  • Built in 1910

Lot Details

  • 0.65 Acre Lot
  • Lot Dimensions are 50x200
  • Additional Parcels

Home Design

  • Brick Exterior Construction
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,700 Sq Ft Home
  • 2-Story Property

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Separate Meters
  • 100 Amp Service

Listing and Financial Details

  • Tenant pays for electricity, heat, sewer

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $720
  • Insurance Expense $3,264
  • Maintenance Expense $500
  • Other Expense $660
  • Trash Expense $888
  • Operating Expense $8,088
  • Gross Income $26,880
  • Net Operating Income $18,792

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,556

Year Built

Built in 1910

Lot Details

0.65 Acres

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 2
  • Year Built: 1910
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fire Protection: Fire Extinguisher/s,Smoke or Fire Protectors
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street
  • Roof: Metal
  • Exterior Building Type: Brick
  • Misc Outside: Security Lighting,Storms and Screens (as exist)

Garage/Parking

  • Outdoor Parking: 1-5 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers, Fuses, Service - 101 to 200 Amps
  • Heat/Ventilation: Electric,Baseboard,Separate Per Unit

Condo/Co-op/Association

  • Conversion YN: N

Fee Information

  • Trash Expense: 888
  • Operating Expense Includes: Maintenance Grounds,Snow Removal

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.65
  • Lot Dimensions: 50X200

Rental Info

  • Tenant Pays: Electricity, Heat, Sewer
  • Board Number: 18
  • Tenancy Type: Leases

Building Info

  • BuildingAreaTotal: 6700

Multi Family

  • Net Operating Income: 18792
  • Insurance Expense: 3264
  • ElectricExpense: 720
  • GrossIncome: 26880
  • Maintenance Expense: 500
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 8088
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 2556
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2023
Sold by
Escatel Rentals Llc
Bought by
Lamoille-Clarion Library District
Current Estimated Value
$164,000

Purchase Details

Listed on
Sep 3, 2020
Closed on
Feb 12, 2021
Sold by
Schultz Leslie A and Schultz Patricia
Bought by
Escatel Rentals Llc
Seller's Agent
Jami Bauer
Town & Country Realty Sales
Buyer's Agent
Gloria Cogdal
Homestead Realty
List Price
$150,000
Sold Price
$127,000
Premium/Discount to List
-$23,000
-15.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,600
Interest Rate
2.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 23, 2016
Sold by
Billhorn John and Billhorn Jill
Bought by
Schultz Leslie A and Schultz Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3.62%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Lamoille-Clarion Library District $7,500 None Listed On Document
Escatel Rentals Llc $127,000 None Available
Schultz Leslie A $72,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Escatel Rentals Llc $101,600
Previous Owner Schultz Leslie A $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2021 02/12/21 Sold $127,000 -11.5% $19 / Sq Ft
01/19/2021 01/19/21 Pending -- -- --
12/02/2020 12/02/20 Price Changed $143,500 -4.3% $21 / Sq Ft
10/05/2020 10/05/20 For Sale $150,000 0.0% $22 / Sq Ft
09/25/2020 09/25/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $150,000 -- $22 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2022 $3,623 $43,237 $5,971 $37,266
2021 $1,812 $39,901 $5,510 $34,391
2020 $2,309 $25,306 $5,437 $19,869
2019 $2,288 $24,835 $5,336 $19,499
2018 $2,195 $23,605 $5,072 $18,533
2017 $2,207 $23,074 $4,958 $18,116
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10846437

Midwest Real Estate Data (MRED)

APN: 05-24-289-012

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