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$179,000   Price Analysis
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804 806 St N
Thomson, IL 61285
Unknown bed 3 bath 2,544 SqFt ($70/SqFt)
0.46 acre lot. Built 1888
Listed 2024-02-19, Taxes $3,058
USDA Eligible
near Thomson, IL
 Restrictions may apply
due to home size

A solid investment opportunity.

Two structures with a total of three r ental units. Both of the units that are occupied have long term tenants. 3 car garage building in 1992 804 North Stret - Main Floor 3 bedroom with same tenant since 2015. Landlord pays sewer and garbage. Tenant pays all other utilities 2024 - new furnace 2020 - new water heater 2015 - new roof Window screens are scheduled to be installed and a new kitchen flooring was installed in early 2024.

804 North Street - upstairs 1 bedroom. Same tenant since 2000 2023 - new front and back stairs to the unit Tenant pays all utilities Apartment has its laundry Screen door at west entrance new as of 2.19.24 Brand new water heater to be installed in March 2024 806 North Street - single level unit built in 1965 Landlord pays sewer and garbage. Tenant pays all other utilities 1994 - electric and plumbing updates 1997 - kitchen and other interior remodeling down This unit has central air and its own laundry Sold in as-is condition.


Presented by Dennis Lauver at
Coldwell Banker Howes & Jefferies.
Listing Agent Photo

Property MLS #QC4250248 from RMLSAlliance

Basement Features: Cellar

Full Bathrooms: 3

Heating Features: Baseboard, Central Air, Window Unit(s)

Lot Description: Level
Lot Size Acres: 0.4628099
Lot Size Dimensions: 120 x 168
Lot Size Square Feet: 20160

Parking Features: Detached, Guest Parking, Parking Pad
Parking Total: 6

Number of Units: 3
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 3
Bedrooms in Unit-3: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Unit 1 Total Actual Rent: 425
Unit 2 Total Actual Rent: 580
Unit 3 Total Actual Rent: 350

High School: West Carroll

Hillcrest Academy - Thomson is a private elementary, middle and high school located approximately 0.3 miles away.
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West Carroll Primary School is a public elementary school located approximately 8.3 miles away.
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West Carroll High School is a public high school located approximately 9.5 miles away.
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West Carroll Middle School is a public middle school located approximately 11.2 miles away.
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Maintenance Expense: 4150

Tenant Pays: Gas & Electric, Water

Annual Tax Amount: 3009
Source Listing Status: Active
County: Carroll
Directions: Exit the highway and turn west on North Street. Property is on the north side of the street.
Tax Year: 2023
Source Property Type: Residential Income
Insurance Expense: 1285
Source Neighborhood: French & Green
Number of Separate Electric Meters: 3
Number of Separate Gas Meters: 3
Number of Separate Water Meters: 3
Parcel Number: 12-12-24-403-015
Subdivision: French & Green
Trash Expense: 1014
Property Subtype: Residential Income
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$27,795 + $4,116
$31,911
$3,058
2020$27,795 + $4,116
$31,911
$3,071
2019$27,795 + $4,116
$31,911
$3,127
2018$25,981 + $4,116
$30,097
$2,969
2017$25,981 + $4,116
$30,097
$2,894
2016$25,981 + $4,116
$30,097
$2,961
2015$25,981 + $4,116
$30,097
$2,957
2014$23,031 + $4,116
$27,147
$2,566
2013$21,934 + $3,920
$25,854
$2,468
2012$21,934 + $3,920
$25,854
$2,453
2011$21,934 + $3,920
$25,854
$2,434
2010$23,874 + $2,800
$26,674
$2,485
2009$23,874 + $2,800
$26,674
$2,459
2008$23,874 + $2,800
$26,674
$2,446

Price Changed 2024-04-19
$179,000
RMLSAlliance
Listed 2024-02-19
$189,000
RMLSAlliance

Net Operating Income: -10208
Operating Expense: 7199

Year Built: 1888
Building Area Total: 2544
Construction Materials: Vinyl Siding
Property Age: 136
Roof: Shingle
Structure Type: One Story, Two or More Story

Water Sewer Expense: 750
Water Source: Community Sewer System, Community Water
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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.