NOT LISTED FOR SALE

Belleville, IL 62221

Estimated Value: $199,000 - $253,000

-- Bed
-- Bath
2,200 Sq Ft
$104/Sq Ft Est. Value

Last Sold May 25, 2023

Last sale price $170,000 $77 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,620/month

About This Home

As of May 2023

Brick one story Four unit investment property in Chenot Place! All units are 1 bedroom 1 bath units. All units have window units. Nice asphalt off street parking. The rents are $540, $590, $650 and $575. Sold before print.

Last Agent to Sell the Property

Gary Johnston

Johnston Realty, Inc. License #471004014 Listed on: 05/16/2023

Last Buyer's Agent

Gary Johnston

Johnston Realty, Inc. License #471004014 Listed on: 05/16/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,007

Year Built

  • Built in 1964

Lot Details

  • 0.59 Acre Lot
  • Lot Dimensions are 100x156x115x57x161

Parking

  • On-Street Parking

Home Design

  • 2,200 Sq Ft Home
  • Quadruplex
  • Brick Exterior Construction

Schools

  • Belle Valley Dist 119 Elementary And Middle School
  • Belleville High School-East

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 08-24.0-102-033

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,007

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: Shady Lane
  • Special Description: No Exemptions
  • Age: 59
  • Ownership: Private
  • Year Built: 1964
  • Directions: West Blvd to Shady Lane to Magnolia
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Square Footage: 2200

Exterior Features

  • Construction: Brick Veneer Predom

Garage/Parking

  • Parking: On Street Parking

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: 1 Window/Wall

Schools

  • School District: Belle Valley DIST 119
  • Elementary School: BELLE VALLEY DIST 119
  • Middle School: BELLE VALLEY DIST 119
  • High School: Belleville High School-East
  • Elementary School: BELLE VALLEY DIST 119
  • Junior High School: BELLE VALLEY DIST 119
  • School District: Belle Valley DIST 119
  • Senior High School: Belleville High School-East

Lot Info

  • Lot Dimensions: 100x156x115x57x161
  • Lot Sq Ft: 25526
  • Acres: 0.5860

Rental Info

  • Tenancy Type: Leases
  • Tenant Pays: All Utilities

Multi Family

  • Gross Operating Income: 28260.00
  • Units: 1
  • Total Expenses: 5547.00
  • Type Of Units: 4-Family

Tax Info

  • Taxes Paid: 4491
  • Assessor Parcel Number: 08-24.0-102-033

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2023
Closed on
May 25, 2023
Sold by
Bouse Properties Llc
Bought by
Johnreal Properties Llc
Seller's Agent
Gary Johnston
Johnston Realty, Inc.
Buyer's Agent
Gary Johnston
Johnston Realty, Inc.
List Price
$170,000
Sold Price
$170,000
Current Estimated Value
$228,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,663
Avg. Annual Appreciation
12.97%

Purchase Details

Listed on
Nov 19, 2018
Closed on
Nov 15, 2018
Sold by
Usselmann Louis B
Bought by
Bouse Properties Llc
Seller's Agent
Gary Johnston
Johnston Realty, Inc.
Buyer's Agent
Gary Johnston
Johnston Realty, Inc.
List Price
$117,500
Sold Price
$117,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.51%
Original Mortgage
$99,000
Interest Rate
4.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 10, 2015
Sold by
Usselmann Louis B
Bought by
Usselman Louis B
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
Johnreal Properties Llc $170,000 First American Title
Bouse Properties Llc $117,500 First American Title Ins Co
Usselman Louis B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bouse Properties Llc $99,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/25/2023 05/25/23 Sold $170,000 0.0% $77 / Sq Ft
05/16/2023 05/16/23 Pending -- -- --
05/16/2023 05/16/23 For Sale $170,000 +44.7% $77 / Sq Ft
11/19/2018 11/19/18 Sold $117,500 0.0% $53 / Sq Ft View Prior Sale
11/19/2018 11/19/18 Pending -- -- --
11/19/2018 11/19/18 For Sale $117,500 -- $53 / Sq Ft
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 $5,007 $59,236 $19,968 $39,268
2023 $4,767 $55,063 $19,693 $35,370
2022 $4,539 $50,148 $17,935 $32,213
2021 $4,492 $48,090 $17,199 $30,891
2020 $4,408 $44,785 $16,017 $28,768
2019 $3,725 $38,489 $17,489 $21,000
2018 $3,599 $37,506 $17,042 $20,464
2017 $3,516 $36,509 $16,589 $19,920
2016 $3,515 $41,485 $16,017 $25,468
2014 $2,695 $29,964 $15,447 $14,517
2013 $2,342 $29,964 $15,447 $14,517
Source: Public Records

Agents Affiliated with this Home

  • Gary Johnston

    Seller's Agent in 2023

    Gary Johnston

    Johnston Realty, Inc.

    (618) 233-8802

    277 in this area

    392 Total Sales

    Gary Johnston
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Source: MARIS MLS

MLS Number: MIS23025772

MARIS MLS

APN: 08-24.0-102-033

Illinois St. Clair County Belleville

62221

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