301 East Lorena Avenue

Wood River, IL 62095

$75,499
Last Sold Price
Beds
2,400 Sq. Ft.
$31 / Sq. Ft.
2,400
Sq. Ft.
$31
per Sq. Ft.

Description

Investment opportunity. All units are vacant. This 4-plex has three 1-bedroom units and one 2-bedroom unit. Two units recently renovated, large lot in convenient location. Seller will hookup gas line for the two vacant apartments. Units 1 & 2 are now vacant. Income reflects the occupied units only, could be doubled or more as one of the vacant units is the 2 bedroom. Buyer and buyers agent to verify all MLS information, including all measurements.Investment opportunity. All units are vacant. This 4-plex has three 1-bedroom units and one 2-bedroom unit. Two units recently renovated, large lot in convenient location. Seller will hookup gas line for the two vacant apartments. Units 1 & 2 are now vacant. Income reflects the occupied units only, could be doubled or more as one of the vacant units is the 2 bedroom. Buyer and buyers agent to verify all MLS information, including all measurements.

Property Details for 301 East Lorena Avenue

Cross Street
3rd Street

Location

Add your commute
LISTING UPDATED: 05/02/2023 10:18 AM

Property Details for 301 East Lorena Avenue

StatusClosed
MLS #22036995
Days on Market317
Taxes$2,740 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family 2-4
Year Built1915
Lot Size0.14 AC / 6,273 SF
CountyMadison County IL

Location

Add your commute

Building Information for 301 East Lorena Avenue

Stories-Residences-Year Built1915Building Size-Lot Size0.14 AC / 6,273 SF

Payment Calculator

$640 per month

30 year fixed, 7.25% Interest

Principal and Interest

$412

Property Taxes

$228

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 301 East Lorena Avenue

Summary
Location and General Information
  • City: Wood River
  • County Or Parish: Madison-IL
  • Directions: Madison to 3rd to Lorena
  • Latitude: 38.862182
  • Longitude: -90.091593
  • Postal Code: 62095
  • State Or Province: IL
  • Sub division Name: Pennings Add
  • Postal Code Plus 4: 2021
Taxes and HOA Information
  • List AOR: Southwestern Illinois Board of REALTORS
  • Association Fee: $.00
  • Parcel Number: 19-2-08-27-05-103-030
  • Tax Annual Amount: $2,740.00
  • Tax Legal Description: Pennings Add Lot 21 22
  • Tax Year: 2020
Owner
  • Township: Wood River
Parking
  • Attached Garage: No
  • Parking Features: On Street
  • Driveway: None
School Information
  • Elementary School: WOOD RIVER-HARTFORD DIST 15
  • High School: East Alton/Wood River
  • High School District: Wood River-Hartford DIST 15
  • Middle Or Junior School: WOOD RIVER-HARTFORD DIST 15
Property
Lot Information
  • Lot Size Acres: 0.144
  • Lot Size Dimensions: 50 x 125
  • Lot Size Source: County Records
  • Lot Size Square Feet: 6273.0
  • Lot Number: 21 22
  • Property Sub Type: Multi-Family 2-4
  • Property Type: Residential Income
Property and Assessments
  • Above Grade Finished Area: 2400.0
  • Above Grade Finished Area Source: Public Records
  • Documents Count: 1
  • Building Desc: Other
  • Photos Count: 21
  • Videos Count: 1
  • Year Built: 1915
  • Disclosures: Unknown,Sellers Discl. Avail
  • Age: 108
  • Construction Materials: Vinyl Siding
  • Ownership Type: Private
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Heat Source: Gas
  • Cooling: None
  • Heating: Forced Air
  • Heating YN: Yes
Multi Family
Multi-Family Information
  • Type of Units: 4-Family
Income & Expenses
  • Net Operating Income: $7,100.00
  • Operating Expense Includes: Insurance,Taxes,Fixed Expenses,Maintenance Gounds,Maintenance,Manager,Supplies
  • Total Expenses: 3700.00
Unit 1
  • Unit Full Baths: 1
  • Unit Half Baths: 0
  • Unit Rooms: 3
  • UnitType Beds Total: 1.0
Unit 2
  • Unit Full Baths: 1
  • Unit Rooms: 3
  • UnitType Beds Total: 1.0
Unit 3
  • Unit Full Baths: 1
  • Unit Half Baths: 0
  • Unit Rooms: 3
  • UnitType Beds Total: 1.0
Unit 4
  • Unit Full Baths: 1
  • Unit Half Baths: 0
  • Unit Rooms: 4
  • UnitType Beds Total: 2.0
Rental
Rent Information
  • Tenant Pays: All Utilities

Property History for 301 East Lorena 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 301 East Lorena Avenue

Taxable ValueLand$3,740Additions$28,610Total$32,350
Tax Record2022$2,870 ($239 / month)
Home Facts
Baths3Total Finished SqFt1,200 SqFtAbove Grade Finished SqFt1,200 SqFtStories2Lot Size6,250 SqFtStyleQuadraplexYear Built1915CountyMADISONAPN19-2-08-27-05-103-030

Schools near 301 East Lorena Avenue

This home is within Wood River-Hartford Esd 15 School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Lewis-Clark Elementary School
PublicK to 5

Lewis-Clark Jr High School
Public6 to 8

East Alton-Wood River 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.

Similar Homes

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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.

Based on information from one of the following Multiple Listing Services: MARIS, Bagnell Dam Association 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 MARIS, Bagnell Dam Association 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.