NOT LISTED FOR SALE

Belleville, IL 62221

Estimated Value: $267,000 - $325,679

-- Bed
-- Bath
4,200 Sq Ft
$67/Sq Ft Est. Value

Last Sold March 04, 2022

Last sale price $185,000 $44 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,805/month

About This Home

As of March 2022

Four unit building in East Belleville. Each unit has 2 bedrooms 1.5 baths. fully rented. All long term tenants so rent is below market. Rents are 475,475,475 and 395. Tenant pays all utilities. Sold in As Is condition seller to make no repairs. Sold before print.

Last Agent to Sell the Property

Gary Johnston

Johnston Realty, Inc. License #471004014 Listed on: 03/04/2022

Last Buyer's Agent

Gary Johnston

Johnston Realty, Inc. License #471004014 Listed on: 03/04/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,786

Year Built

  • Built in 1974

Lot Details

  • 0.27 Acre Lot

Parking

  • Off-Street Parking

Home Design

  • 4,200 Sq Ft Home
  • Quadruplex
  • Brick or Stone Veneer Front Elevation
  • Frame Construction

Schools

  • Whiteside Dist 115 Elementary And Middle School
  • Belleville High School-East

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for sewer, trash removal, water
  • Assessor Parcel Number 08-13.0-114-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,786

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Special Description: No Exemptions
  • Age: 48
  • Ownership: Private
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Square Footage: 4200

Exterior Features

  • Construction: Brk/Stn Veneer Frnt, Frame

Garage/Parking

  • Parking: Off Street

Utilities

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

Schools

  • School District: Whiteside DIST 115
  • Elementary School: WHITESIDE DIST 115
  • Middle School: WHITESIDE DIST 115
  • High School: Belleville High School-East
  • Elementary School: WHITESIDE DIST 115
  • Junior High School: WHITESIDE DIST 115
  • School District: Whiteside DIST 115
  • Senior High School: Belleville High School-East

Lot Info

  • Lot Dimensions: See Plat
  • Lot Sq Ft: 11761
  • Acres: 0.2700

Rental Info

  • Tenancy Type: Month To Month
  • Tenant Pays: Sewer, Trash Removal, Water

Multi Family

  • Gross Operating Income: 21840.00
  • Units: 4
  • Total Expenses: 4959.00
  • Type Of Units: 4-Family

Tax Info

  • Taxes Paid: 3159
  • Assessor Parcel Number: 08-13.0-114-001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2024
Sold by
Bouse Properties Llc
Bought by
Shiloh Commons Holdings Too Llc
Current Estimated Value
$283,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$237,457
Interest Rate
6.78%
Mortgage Type
Commercial
Estimated Equity
$45,713

Purchase Details

Listed on
Mar 4, 2022
Closed on
Feb 28, 2022
Sold by
Feder Gerald L and Gerald L Feder Revocable Trust Gerald L Feder
Bought by
Bouse Properties Llc
Seller's Agent
Gary Johnston
Johnston Realty, Inc.
Buyer's Agent
Gary Johnston
Johnston Realty, Inc.
List Price
$185,000
Sold Price
$185,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.37%

Purchase Details

Closed on
Mar 14, 2006
Sold by
Feder Gerald L
Bought by
Feder Gerald L and Gerald L Feder Revocable Trust
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
Shiloh Commons Holdings Too Llc $300,000 None Available
Bouse Properties Llc $185,000 First American Title
Feder Gerald L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shiloh Commons Holdings Too Llc $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2022 03/04/22 Sold $185,000 0.0% $44 / Sq Ft
03/04/2022 03/04/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $185,000 -- $44 / 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 $3,786 $56,351 $10,749 $45,602
2023 $3,833 $55,573 $10,601 $44,972
2022 $3,330 $50,613 $9,655 $40,958
2021 $3,266 $48,536 $9,259 $39,277
2020 $3,159 $45,201 $8,623 $36,578
2019 $2,782 $41,080 $9,415 $31,665
2018 $2,727 $40,032 $9,175 $30,857
2017 $1,384 $38,967 $8,931 $30,036
2016 $2,744 $37,624 $8,623 $29,001
2014 -- $39,971 $8,316 $31,655
2013 $3,030 $39,971 $8,316 $31,655
Source: Public Records

Agents Affiliated with this Home

  • Gary Johnston

    Seller's Agent in 2022

    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: MIS22012875

MARIS MLS

APN: 08-13.0-114-001

Illinois St. Clair County Belleville

62221

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