$450,000 Price Analysis    ♡   Richmond, IL 60071 4 bed 2 bath unknown SqFt ($0/SqFt) 1.0 acre lot. Built 1948 Listed 2023-11-07, Taxes $7,882 | ✓ USDA Eligible near Richmond, IL |
This opportunity presents an excellent chance to generate substantial rental income.
The property comprises five rental units spread across two separate houses, as well as a roomy 24 x 40 garage, all situated on a one-acre wooded lot. The first building underwent recnstruction in the early 2000s and now features two units, each boastin g two bedrooms and a full bathroom, as well as a full basement.
The second building contains three units: the first unit consists of two bedrooms with a full bathroom, the second unit is a studio with a full bathroom and the third upper unit offers two bedrooms with a full bathroom. Notably, the detached garage also serves as a source of rental income.
Presented by Russell Hart at
RE MAX Plaza.
Property MLS #11925481 from MRED
Bedrooms Possible: 4
Basement Features: Full
Basement Description: Cellar
Full Bathrooms: 2
Lot Size Dimensions: 165 X 264
Lot Size Square Feet: 43560
Garage Description: Detached
Parking Total: 10
Calculated Total Monthly Association Fees: 0
High School: Richmond-Burton Community High S
High School District: 157
Map directions Map directions Map directions Map directionsBedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Total Rooms in Unit-1: 5
Total Rooms in Unit-2: 5
Source Listing Status: Active
County: McHenry
Directions: Rt 12 to N Solon Rd. Head North to property located on the West side of the road.
Tax Year: 2022
Ownership: Fee Simple
Source Property Type: Residential Income
Parcel Number: 0422400008
Township: Richmond
Property Subtype: Two to Four Units
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2021 | $71,451 + $21,552 $93,003 | $7,882 |
| 2020 | $68,749 + $20,737 $89,486 | $7,773 |
| 2019 | $66,540 + $20,071 $86,611 | $7,714 |
| 2018 | $63,791 + $19,242 $83,033 | $7,824 |
| 2017 | $60,748 + $18,324 $79,072 | $7,854 |
| 2016 | $56,955 + $17,180 $74,135 | $7,775 |
| 2015 | $51,933 + $15,665 $67,598 | $7,547 |
| 2014 | $52,527 + $15,844 $68,371 | $7,820 |
| 2013 | $53,852 + $16,244 $70,096 | $7,441 |
| 2012 | $56,160 + $16,940 $73,100 | $6,947 |
| 2011 | $62,497 + $18,852 $81,349 | $7,364 |
| 2010 | $67,064 + $20,230 $87,294 | $6,570 |
| 2008 | $71,191 + $21,476 $92,667 | $6,106 |
| 2007 | $71,191 + $21,476 $92,667 | $5,926 |
| 2006 | $69,843 + $21,069 $90,912 | $5,781 |
$450,000
MRED
Listed 2023-11-07
$475,000
MRED
Listing removed 2020-01-20
$339,000
MRED
Listed 2019-08-08
$339,000
MRED
Property Age: 76
Roof: Asphalt
Water Source: Private Well
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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.