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$276,000   Price Analysis
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241 N Ford St
Marengo, IL 60152
6 bed 6 bath unknown SqFt ($0/SqFt)
7,405SqFt lot. Built 1975
Listed 2021-07-03, Taxes $7,982		✓ USDA Eligible
near Coral, IL
 

LO NGTIME OWNER SAYS TIME TO RETIRE

* No Longer For Sale *
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TENANTS PAY GAS AND ELECTRIC, WATER NOT SPLIT OUT YET. RENTS BELOW MARKET/ ROOM TO INCREASE, OR TURN INTO CONDOS. XLNT BUILDING/ INVESTMENT FOR SAVVY OR CONTEMPORARY INVESTOR, LOTS OF OPPORTUNITY ALSO OFFERED WITH 7 UNIT NEXT DOOR $644000.

Seller prefers 7 unit sold first. BROKERS/AGENTS INSTRUCTED NOT TO DISTURB TENANTS BE PROFESSIONAL, MONTHLY INCOME IS CURRENTLY $2850.00, INCLUDES CONCESSION FOR ON SITE HELP AND UNDER MARKET RENTS


Presented by Nick Tabick at
RE/MAX Suburban.
Listing Agent Photo

Property MLS #11116187 from MRED

Bedrooms: 6
Bedrooms Possible: 6

Total Rooms: 6
Basement Features: Full
Basement Description: Finished, Concrete (Basement), Rec/Family Area, Sleeping Area, Storage Space

Total Bathrooms: 6
Full Bathrooms: 6

Heating Features: Natural Gas, Electric

Lot Size Acres: 0.17
Lot Size Dimensions: 114X70
Lot Size Square Feet: 7405

Parking Features: Assigned, Off Street, Visitor Parking, Driveway, More Than 1 Spc/Unit
Parking Total: 8

Association: No
Calculated Total Monthly Association Fees: 0

High School: Marengo High School
High School District: 154

Marengo Community Middle School is a public middle school located approximately 1 miles away.
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Locust Elementary School is a public elementary school located approximately 1 miles away.
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Marengo High School is a public high school located approximately 1.4 miles away.
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Zion Lutheran School is a private elementary and middle school located approximately 0.3 miles away.
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Annual Tax Amount: 7369.38
Source Listing Status: Closed
County: Mc Henry
Directions: N STATE ST NORTH OF 20, WEST ON W VAN BUREN S ON FORD TO BUILDING
Tax Year: 2020
Ownership: Fee Simple
Source Property Type: Residential Income
Parcel Number: 1135229003
Township: Marengo
Source System Name: C2C

YearAssessments
Building + Land
Total		Tax
2022$74,689 + $14,300
$88,989		$7,982
2021$68,054 + $13,030
$81,084		$7,471
2020$64,764 + $12,400
$77,164		$7,369
2019$61,364 + $11,749
$73,113		$7,824
2018$57,478 + $11,005
$68,483		$7,298
2017$54,445 + $10,424
$64,869		$7,094
2016$50,869 + $9,739
$60,608		$6,902
2015$49,662 + $9,508
$59,170		$6,993
2014$47,261 + $9,048
$56,309		$6,836
2013$49,769 + $9,528
$59,297		$6,821
2012$52,604 + $10,071
$62,675		$6,609
2011$61,822 + $11,836
$73,658		$6,605
2010$68,944 + $13,200
$82,144		$6,589
2008$77,416 + $14,823
$92,239		$6,374
2007$75,256 + $14,409
$89,665		$6,115
2006$71,285 + $13,649
$84,934		$5,954

Sold 2022-02-15
$880,000
Public Record
Sold 2022-02-01
$264,000
MRED
Listed 2021-07-03
$276,000
MRED
Sold 1994-11-03
$523,000
Public Record

Year Built: 1975
Foundation Details: Concrete Perimeter
Property Age: 47
Roof: Asphalt

Sewer: Public Sewer, Sewer-Storm
Water Source: Public

Other Equipment: CO Detectors, Multiple Water Heaters

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.