NOT LISTED FOR SALE

9454 W Main St Belleville, IL 62223

Estimated Value: $104,965

-- Bed
-- Bath
-- Sq Ft
0.37 Acres

Last Sold October 25, 2017

Last sale price $60,000

Est. 75% increase in value since last sale

Current estimated payment $657/month

74 Days on Market

About This Home

As of October 2017

This is Building that consist of 2 commercial spaces and a 4 bedroom 1 bath apartment. The Gross income numbers only reflect the one commercial space being rented. The Vacant commercial space has 2 offices, kitchen, bath and waiting room it is aprox. 300 sq. ft. . The Upstairs apartment consist of 4 bedrooms, 1 bath and a laundry room it is aprox. 900 sq.ft. It rents for 700-800 over the years. There is an additional commercial space that is currently rented to a long term renter that pays $400 per month. There is a third floor that you can see in the photos that is open and finished. The landlord pays the water,sewer,trash,lawn care and for a night light. There are more than enough parking spaces. The property taxes are under protest with the state of Ill. Unit C passed city inspection July of 2017 Unit B passed 2016 and Unit A passed fire inspection. It is currently zoned commercial and the city will have to approve potential business occupants.

Last Agent to Sell the Property

Gary Johnston

Johnston Realty, Inc. License #471004014 Listed on: 08/03/2017

Last Buyer's Agent

Cory Smith

WOOFF REALTORS®

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,132

Year Built

  • 1907

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 100x149

Home Design

  • Duplex

Parking

  • Over 1 Space Per Unit
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,132

Year Built

1907

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Municipality Township: Belleville
  • Special Description: No Exemptions
  • Age: 109
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1907

Interior Features

  • Square Footage Unknown: Yes

Garage/Parking

  • Parking: More Than 1 Spc/Unit, Off Street

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: Central-Electric
  • Heating: Forced Air

Schools

  • School District: Signal Hill DIST 181
  • Elementary School: SIGNAL HILL DIST 181
  • Middle School: SIGNAL HILL DIST 181
  • High School: Belleville High School-West

Lot Info

  • Lot Dimensions: 100x149
  • Lot Sq Ft: 16248
  • Acres: 0.3730

Rental Info

  • Tenancy Type: 1 or More Vacant, Leases

Multi Family

  • Gross Operating Income: 4800.00
  • Units: 1
  • Total Expenses: 4277.00
  • Type Of Units: 2-Family

Tax Info

  • Taxes Paid: 3277

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2024
Sold by
Team Victory Llc
Bought by
L & V Investments Llc
Current Estimated Value
$104,965

Purchase Details

Closed on
Aug 31, 2023
Sold by
Vaughn Willie and Vaughn Shirley L
Bought by
Team Victory Llc

Purchase Details

Listed on
Aug 3, 2017
Closed on
Oct 24, 2017
Sold by
Metro Investments Llc
Bought by
Vaughn Willie and Vaughn Shirley L
Seller's Agent
Gary Johnston
Johnston Realty, Inc.
Buyer's Agent
Cory Smith
WOOFF REALTORS®
List Price
$69,900
Sold Price
$60,000
Premium/Discount to List
-$9,900
-14.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%

Purchase Details

Closed on
May 6, 2003
Sold by
Abdulhadi Abdurrahim
Bought by
Metro Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,000
Interest Rate
6.25%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
L & V Investments Llc -- None Available
Team Victory Llc -- None Available
Vaughn Willie $60,000 Benedick Title Ins
Metro Investments Llc $46,000 Benchmark Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Metro Investments Llc $71,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2017 10/25/17 Sold $60,000 -11.6% --
10/17/2017 10/17/17 Pending -- -- --
09/01/2017 09/01/17 Price Changed $67,900 -2.9% --
08/03/2017 08/03/17 For Sale $69,900 -- --
Source: MARIS MLS

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 $6,132 $62,787 $6,438 $56,349
2023 $6,368 $63,152 $6,310 $56,842
2022 $5,821 $56,853 $5,681 $51,172
2021 $5,586 $52,559 $5,252 $47,307
2020 $5,424 $49,704 $4,967 $44,737
2019 $2,268 $20,587 $5,224 $15,363
2018 $2,214 $20,142 $5,111 $15,031
2017 $2,757 $20,000 $5,075 $14,925
2016 $3,277 $29,887 $4,967 $24,920
2014 $2,184 $21,930 $5,232 $16,698
2013 $2,401 $22,244 $5,307 $16,937
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS17062196

MARIS MLS

APN: 02-35.0-421-034