809 E 14th St

Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

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.
  1. Listed by Tracy Lockenour • HomeSmart Realty Group Illinois
    P: (708)-320-0002 C: (309)-222-1792 tracylockenour@gmail.com;bradylockenour@gmail.com
  2. Listed by Brady Lockenour • HomeSmart Realty Group Illinois
    P: (708)-320-0002 C: (309)-397-5544 bradylockenour@gmail.com

Sold By HomeSmart Realty Group Illinois

Property Details for 809 East 14th Street

Area
Balance of Vermillion County
Township
Georgetown
Num Of Parking Spaces
10.0
Air Conditioning Type
Central Air, Window Unit(s)
Num of Interior Fireplaces
0
Zoning
MULTI
LISTING CLOSED: 05/10/2023 12:00 AM

Property Details for 809 East 14th Street

StatusClosed
MLS #11642491
Days on Market167
Taxes$7,891 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family 5+ / Condo/Townhouse
Year Built2002
Lot Size1.37 AC / 59,796 SF
CountyVermilion County
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Building Information for 809 East 14th Street

Stories1Residences6Year Built2002Building Size-Lot Size1.37 AC / 59,796 SF

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Principal and Interest

$1,560

Property Taxes

$658

HOA Dues

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Property Information for 809 East 14th Street

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.