Sold
Last Sold Price
12 beds
809 E 14th St, Georgetown, IL 61846
Multi FamilyProperty Type
1.37 acresLot Size
2002Year Built
10 carsParking Spaces

Description

This rental property is a 6-unit development with a single family 3 bedroom home, a duplex with two rentable units, and a warehouse with three separate apartments built inside and 1200 square feet of space that can be rented or built into additional rental units. The three apartments each have their own 1 stall garage space. The properties are situated on 1.5 acres of land and .5 of that acreage is vacant and buildable. This property is cashflow positive from day one. Duplexes and one apartment have...This rental property is a 6-unit development with a single family 3 bedroom home, a duplex with two rentable units, and a warehouse with three separate apartments built inside and 1200 square feet of space that can be rented or built into additional rental units. The three apartments each have their own 1 stall garage space. The properties are situated on 1.5 acres of land and .5 of that acreage is vacant and buildable. This property is cashflow positive from day one. Duplexes and one apartment have just been updated beautifully. These properties are continually rented and have month to month leases. This is an investors dream.

    Sold By HomeSmart Realty Group Illinois

    • Listed by: Tracy Lockenour 708.320.0002 tracylockenour@gmail.com;bradylockenour@gmail.com • HomeSmart Realty Group Illinois
    • Listed by: Brady Lockenour 708.320.0002 bradylockenour@gmail.com • HomeSmart Realty Group Illinois
    Listing closed: 05/10/2023 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 11642491

    Recent comparable sales

    Median sold price

    $249,900

    Avg days on market

    41

    Sale-to-list ratio

    91.5%

    Georgetown, IL

    9 comparable properties found

    1

    $310,000

    Sold 04/30/25

    3
    Bedrooms
    7
    Bathrooms
    1,739
    Square Feet
    Unavailable
    Acres
    2

    $360,000

    Sold 05/15/26

    3
    Bedrooms
    7
    Bathrooms
    1,800
    Square Feet
    0.15
    Acres
    $265,000 | 111 Warner Avenue, Georgetown, IL 61846
    1/49
    3

    $265,000

    Sold 06/26/26

    4
    Bedrooms
    2,286
    Square Feet
    0.9
    Acres
    4

    $250,000

    Sold 06/29/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    4.19
    Acres
    $249,900 | 303 Cherokee Drive, Georgetown, IL 61846
    1/49
    5

    $249,900

    Sold 03/06/25

    3
    Bedrooms
    2,300
    Square Feet
    0.28
    Acres
    6

    $227,000

    Sold 06/23/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.22
    Acres
    7

    $220,000

    Sold 02/24/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.28
    Acres
    $215,000 | 643 South Main Street, Georgetown, IL 61846
    1/31
    8

    $215,000

    Sold 05/07/26

    3
    Bedrooms
    1,400
    Square Feet
    0.52
    Acres
    $200,000 | 613 South Seminary Street, Georgetown, IL 61846
    1/18
    9

    $200,000

    Sold 03/23/26

    3
    Bedrooms
    2,020
    Square Feet
    1.94
    Acres

    Location

    Add your commute

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    $2,218 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $1,560

    Property Taxes

    $658

    HOA Dues

    $0

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    Property Information for 809 East 14th Street

    Property Details
    • Taxes: $7,891 / year
    • MLS Type: Multi Family 5+ / Condo/Townhouse
    • Area: Balance of Vermillion County
    • Township: Georgetown
    • Air Conditioning Type: Central Air, Window Unit(s)
    • Num of Interior Fireplaces: 0
    • Zoning: MULTI
    Building Information
    • Stories: 1
    • Residences: 6
    • Year Built: 2002
    • Lot Size: 1.37 AC / 59,796 SF
    General Information
    Addtl Parking Information
    • Indoor Parking: 1-5 Spaces
    • Outdoor Parking: 1-5 Spaces
    Location and General Information
    • Information: 24-Hr Notice Required
    Taxes and HOA Information
    • Additional Parcels: No
    Property Information
    Interior Features
    • Air Conditioning: Central Air, Window Unit(s)
    • Electric: Ameren
    • Grid: 0
    • Heat/Ventilation: Forced Air
    • # Of Window/Ac: 6
    • # Of Refrigerators: 3
    • Washer/Dryer Lsd: No
    • Misc Inside: Laundry Room
    • Num of Baths: 7.0
    Property/Lot Information
    • Tenant Pays: Air Conditioning, Electricity, Heat, Sewer
    • Built Before 1978: No
    • Approximate Age: 16-25 Years
    • Multi-Family Type: Condo/Townhouse
    • Lot Dimensions: 226X264
    • Lot Size Square Feet: 59796.0
    • Stories: 1
    • Exterior Building Type: Aluminum Siding, Vinyl Siding, Brick
    • Lot Size Source: County Records
    • # Of Ranges: 6
    • Conversion: N
    • MRD_UNC: No
    Property and Assessments
    • Public Document Count: 0
    • Photos Count: 52
    • Deconversion: N
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Multi-Family Information
    • Number Of Units Total: 6
    Income & Expenses
    • Electric Expense: $.00
    • Fuel Expense: $.00
    • Gross Income: $48,120.00
    • Gross Scheduled Income: $29,765.00
    • Insurance Expense: $3,526.00
    • Maintenance Expense: $7,200.00
    • Expense Year: 2022
    • Total Annual Expense Source: Combination
    • Insurance Expense Source: Actual
    • Janitor Expense: 0
    • Manager Expense Source: AC
    • Net Operating Income Year: 2022
    • Other Expense Source: Combination
    • Repairs-Decor Expense Source: Combination
    • Total Monthly Income: 4010
    • Net Operating Income: $29,702.00
    • Operating Expense: $19,618.00
    • Other Expense: $4,500.00
    • Trash Expense: $.00
    • Water Sewer Expense: $.00
    Unit 1
    • Unit Type Baths Total: 2
    • Unit Type Beds Total: 3
    • Unit Type Type: Unit 1
    • Unit Type Units Total: 1
    Unit 2
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 1
    • Unit Type Type: Unit 2
    • Unit Type Units Total: 1
    Unit 3
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 3
    • Unit Type Units Total: 1
    Unit 4
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 4
    • Unit Type Units Total: 1
    Unit 5
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 5
    • Unit Type Units Total: 1
    Unit 6
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 6
    • Unit Type Units Total: 1
    Unit 7
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 7
    • Unit Type Units Total: 0

    Property History for 809 East 14th Street

    DateEvent & SourcePriceAppreciation
    May 10, 2023

    Sold (Public Record)

    Public Record #1511604930

    $307,000
    May 10, 2023

    Sold

    MRED #11642491

    $307,000
    Mar 15, 2023

    Pending

    MRED #11642491

    DateEvent & SourcePrice
    05/10/2023

    Sold (Public Record)

    Public Record #1511604930

    $307,000
    05/10/2023

    Sold

    MRED #11642491

    $307,000
    03/15/2023

    Pending

    MRED #11642491

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

    Public Records for 809 East 14th Street

    Taxable ValueLand$15,165Additions$93,703Total$108,868
    Tax Record2025$9,521 ($793 / month)
    Home Facts
    Lot Size59,262 SqFtStyleMulti-Family Res (5+ Units)CountyVERMILIONAPN28-29-401-058

    Schools near 809 East 14th Street

    This home is within Georgetown-Ridge Farm Community Unit School District 4.
    Rating
    School
    Type
    Grades
    Distance
    Public - PK to 5
    Public - 6 to 8
    Public - 9 to 12
    Rating
    School
    Distance
    Pine Crest Elementary School
    PublicPK to 5

    Mary Miller Junior High School
    Public6 to 8

    Georgetown-Ridge Farm 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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    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 HomeSmart Realty Group Illinois

    Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 08/03/2023 12:37 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.