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$149,900   Price Analysis
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102 5th Ave
Sterling, IL 61081
Unknown bed None bath unknown SqFt ($0/SqFt)
7,500SqFt lot. Built 1900
Listed 2024-04-22, Taxes $2,767
USDA Eligible
near Sterling, IL
 

Great incme opportunity with 7 sleeping rooms

3 bathrooms and a fantastic downtown walkable location! Main floor hosts 2 sleeping rooms, bath and the common space consisting of 2 large living spaces, dining room, kitchen and laundry room.

Basement has 1 additional bathroom and storage. Large screen porch offers additional common space overlooking the River. Currently, 4 units are o ccupied; 3 pay rents of $600/month each and the 4th unit's monthly rent is abated in exchange for some management services.


Presented by Brian Carradus at
Judy Powell Realty.


Property MLS #12035634 from MRED

Cooling Features: Central Air

Basement Description: Unfinished

Lot Size Acres: 0.1721763
Lot Size Dimensions: 50X150
Lot Size Square Feet: 7500

Association: No
Calculated Total Monthly Association Fees: 0

Number of Units: 7
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Bedrooms in Unit-5: 1
Bedrooms in Unit-6: 1
Bedrooms in Unit-7: 1
Total Rooms in Unit-1: 1
Total Rooms in Unit-2: 1
Total Rooms in Unit-3: 1
Total Rooms in Unit-4: 1
Total Rooms in Unit-5: 1
Total Rooms in Unit-7: 1

Annual Tax Amount: 3843.80
Source Listing Status: Active
County: Whiteside
Directions: Located at the end of the Street overlooking the River
Tax Year: 2023
Source Property Type: Multi-Family
Parcel Number: 11223570050000
Property Subtype: Multi Family 5+
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$22,134 + $3,178
$25,312
$2,767
2020$21,359 + $3,067
$24,426
$2,690
2019$6,721 + $965
$7,686
$856
2013$121 + $121
$242
$25
2012$123 + $123
$246
$24
2011$127 + $127
$254
$24
2010$130 + $130
$260
$25
2009$127 + $127
$254
$23
2008$125 + $125
$250
$23
2006$125 + $125
$250
$23
2005$unknown + $unknown
$unknown
$unknown

Listed 2024-04-22
$149,900
MRED
Sold 2022-05-11
$110,000
Public Record

Net Operating Income: 15100

Year Built: 1900
Property Age: 124
Levels or Stories: 2

Sterling High School is a public high school located approximately 1 miles away.
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St. Mary is a private elementary and middle school located approximately 0.6 miles away.
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Regional Center for Change is a public middle and high school located approximately 0.7 miles away.
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Regional Center for Change Alop Program is a public elementary, middle and high school located approximately 0.7 miles away.
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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.