Sold
Last Sold Price
8 beds
505 Devonshire Rd, Washington, IL 61571
Multi FamilyProperty Type
1962Year Built

Description

4-plex residential income property. Four 2-bedroom, 1 bath apartments. Fully leased. Long term tenants for reliable income. Coin-operated laundry in basement provides additional income. 4 stall carport. See also CLS#7014425.4-plex residential income property. Four 2-bedroom, 1 bath apartments. Fully leased. Long term tenants for reliable income. Coin-operated laundry in basement provides additional income. 4 stall carport. See also CLS#7014425.
  • Listed by: Louise Heimann 309.635.8416 louiseheimann@aol.com • Jim Maloof/REALTOR
  • Listed by: Henry Lawrence hlawrence@maloofrealty.com • Jim Maloof/REALTOR-Commerical Department
Listing closed: 03/31/2006 12:00 AM • Source: RMLS ALLIANCE, MLS#: PA1068908

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Recent comparable sales

Median sold price

$620,000

Avg days on market

41

Sale-to-list ratio

95.3%

Washington, IL

9 comparable properties found

1

$310,000

Sold 12/09/24

8
Bedrooms
4
Bathrooms
3,380
Square Feet
0.42
Acres
$425,000 | 3325 Ely Place Southeast, Washington, DC 20019
1/15
2

$425,000

Sold 12/16/24

8
Bedrooms
4
Bathrooms
3,796
Square Feet
0.13
Acres
wooden floor in an empty room and a window
1/12
3

$850,000

Sold 12/31/24

8
Bedrooms
4
Bathrooms
2,720
Square Feet
0.07
Acres
$340,000 | 705-707 Spring Street, Washington, GA 30673
1/9
4

$340,000

Sold 02/25/25

8
Bedrooms
3,168
Square Feet
0.84
Acres
a front view of a house with garden
1/26
5

$720,000

Sold 04/25/25

8
Bedrooms
4
Bathrooms
3,024
Square Feet
0.11
Acres
a front view of a house with garden
1/21
6

$900,000

Sold 08/22/25

8
Bedrooms
4
Bathrooms
3,580
Square Feet
0.07
Acres
front view of a house with a yard
1/36
7

$750,000

Sold 08/15/25

8
Bedrooms
4
Bathrooms
3,571
Square Feet
0.06
Acres
8

$690,000

Sold 09/09/26

8
Bedrooms
Unavailable
Square Feet
0.23
Acres
9

$520,000

Sold 09/22/25

8
Bedrooms
4
Bathrooms
3,096
Square Feet
0.06
Acres

Location

Listing Courtesy of Jim Maloof/REALTOR; Jim Maloof/REALTOR-Commerical Department

Sold By Sauder Real Estate Company

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$1,506 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,121

Property Taxes

$385

HOA Dues

$0

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Property Information for 505 Devonshire Road

Property Details
  • Taxes: $4,617 / year
  • MLS Type: Residential Income / Residential Income
  • Lot Size: 0.00 AC / 0 SF
  • Parking Total: 6.0
  • Subdivision Name: Devonshire
Building Information
  • Residences: 4
  • Year Built: 1962
  • Lot Size: 0.00 AC / 0 SF
Summary
Location and General Information
  • City: Washington
  • County Or Parish: Tazewell
  • Directions: North of Wilshire Dr, off Lincoln St. Or from N Main St, west on Devonshire
  • Latitude: 40.714167
  • Longitude: -89.412714
  • MLSArea Minor: PAAR Area
  • City County Building Code: City of Washington
  • Postal Code: 61571
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 02-02-14-205-007
  • Tax Annual Amount: $4,617
  • Tax Legal Description: Devonshire Estates Sec. 14 Lot 155
  • Tax Year: 2004
School Information
  • Elementary School: Lincoln
  • High School: Washington
  • Middle Or Junior School: Lincoln
Property
Lot Information
  • Structure Type: Two or More Story
  • Building Area Total: 0.0
  • Lot Features: Level
  • Lot Size Dimensions: 0000
  • Number Of Units Total: 4
Property and Assessments
  • New Construction: No
  • Year Built: 1962
Utilities
  • Number Of Electric Meters: 4
  • Number Of Gas Meters: 4
  • Numberof Water Meters: 4
  • Water Sewer Expense: $0
  • Water Source: Public Sewer
Interior and Exterior Features
Exterior Features
  • Construction Materials: Other
Interior Features
  • Basement: None
  • Heating: Gas, Central
  • Number Of Central Air Units: 4
  • Number Of Heating Units: 4
  • Number Of Water Heaters: 4
  • Unit Entry Level: ***
Multi Family
Income & Expenses
  • Electric Expense: $1,500
  • Gross Income: $24,840
  • Gross Scheduled Income: $24,300
  • Insurance Expense: $0
  • Maintenance Expense: $1,200
  • Manager Expense: $1,800
  • Advertising Expense: 0
  • Gas Expense: 0
  • Misc Annual Income: 540
  • Trash Expense: $0
Unit 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
Unit 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
Unit 3
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
Unit 4
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
Rental
Rent Information
  • Annual Vacancy Factor: 0

Property History for 505 Devonshire Road

DateEvent & SourcePriceAppreciation
Mar 31, 2006

Sold

RMLS ALLIANCE #PA1068908

$210,000—
Feb 18, 2006

Pending

RMLS ALLIANCE #PA1068908

—
Dec 8, 2005

Listed (Active)

RMLS ALLIANCE #PA1068908

$230,000—
DateEvent & SourcePrice
03/31/2006

Sold

RMLS ALLIANCE #PA1068908

$210,000
02/18/2006

Pending

RMLS ALLIANCE #PA1068908

—
12/08/2005

Listed (Active)

RMLS ALLIANCE #PA1068908

$230,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 505 Devonshire Road

Taxable ValueLand$13,500Additions$65,920Total$79,420
Tax Record2020$6,777 ($565 / month)
Home Facts
Beds8Baths4Total Finished SqFt3,380 SqFtAbove Grade Finished SqFt3,380 SqFtStories2Lot Size18,375 SqFtStyleSingle Family ResidenceYear Built1966CountyTAZEWELLAPN02-02-14-205-007

Schools near 505 Devonshire Road

This home is within Washington School District 52.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Lincoln Grade School
PublicPK to 4

Washington Middle School
Public5 to 8

Washington Community High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 505 Devonshire Road, Washington, IL 61571
$210,000
8
–
0
$310,000
8
4
3,380
18,375
$107,500
3
1,474
9,147
$130,000
3
1,036
–
–
3
1,552
11,700
$135,000
3
1,854
9,583

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Jim Maloof/REALTOR; Jim Maloof/REALTOR-Commerical Department

Based on information submitted to the MLS GRID as of 08/06/2021 02:37 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.