102 5th Avenue

Sterling, IL 61081

$149,900
Price
7
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great income opportunity with 7 sleeping rooms, 3 bathrooms and a great 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 occupied; 3 pay rents of $600/month each and the 4th unit's monthly rent is abated in exchange for some management services.Great income opportunity with 7 sleeping rooms, 3 bathrooms and a great 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 occupied; 3 pay rents of $600/month each and the 4th unit's monthly rent is abated in exchange for some management services.
  1. Listed by Brian Carradus • Judy Powell Realty

Property Details for 102 5th Avenue

Area
Sterling

Location

Listing Courtesy of Judy Powell Realty
Add your commute
LISTING UPDATED: 04/28/2024 12:07 AM

Property Details for 102 5th Avenue

StatusActive
MLS #12035634
Days on Market11
Taxes$3,917 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Rooming House/Sro
Year Built1900
Lot Size0.17 AC / 7,500 SF
CountyWhiteside County

Location

Listing Courtesy of Judy Powell Realty
Add your commute

Building Information for 102 5th Avenue

Stories-Residences7Year Built1900Building Size-Lot Size0.17 AC / 7,500 SF

Payment Calculator

$1,144 per month

30 year fixed, 7.25% Interest

Principal and Interest

$818

Property Taxes

$326

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 102 5th Avenue

General Information
Addtl Parking Information
  • Outdoor Parking: 1-5 Spaces
  • Open Parking Spaces: 3.0
Location and General Information
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Basement Description: Unfinished
  • Heat/Ventilation: Forced Air,Gas
  • # Of Refrigerators: 1
  • Num of Baths: 0.0
Property/Lot Information
  • Tenant Pays: None
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Rooming House/SRO
  • Lot Dimensions: 50X150
  • Stories: 2
  • Exterior Building Type: Vinyl Siding
  • # Of Ranges: 1
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2024-04-22T18:33:47
  • Photos Count: 3
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 7
Income & Expenses
  • Electric Expense: $3,000.00
  • Fuel Expense: $1,140.00
  • Gross Income: $1,800.00
  • Gross Scheduled Income: $21,600.00
  • Insurance Expense: $1,100.00
  • Maintenance Expense: $.00
  • Janitor Expense: 0
  • Total Monthly Income: 1800
  • Net Operating Income: $15,100.00
  • Operating Expense: $6,500.00
  • Other Expense: $.00
  • Trash Expense: $480.00
  • Water Sewer Expense: $780.00
Unit 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
Unit 2
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
Unit 3
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
Unit 4
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 1
Unit 5
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 1
Unit 6
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 1
Unit 7
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 1

Property History for 102 5th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 102 5th Avenue

Taxable ValueLand$3,178Additions$33,485Total$36,663
Tax Record2022$3,917 ($326 / month)
Home Facts
StyleMiscellaneous CommercialCountyWHITESIDEAPN1122357005

Schools near 102 5th Avenue

This home is within Sterling Community Unit School District 5.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 6 to 8
Public - 9 to 12
Public - 3 to 5
Rating
School
Distance
Franklin Elementary School
PublicPK to 2

Challand Middle School
Public6 to 8

Sterling High School
Public9 to 12

Washington Elementary School
Public3 to 5

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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102 5th Avenue is a multi-family home for sale in Sterling, IL 61081. This property was listed for sale on April 22, 2024 by Judy Powell Realty, it's currently listed at $149,900. It has been on the market for a total of 11 days and was last sold on May 6, 2022. This listing's school district is Sterling Community Unit School District 5. Nearby schools include Franklin Elementary School, Challand Middle School and Sterling High School. 102 5th Avenue is a 7-bed, 0-bath, multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Judy Powell Realty

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. Based on information submitted to the MLS GRID as of 04/28/2024 12:07 AM. 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.