157 Sherman Avenue, Montgomery, Illinois 60538
$258,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 5 |
| Baths: | 2 |
| Year Built: | — |
| Property Taxes: | $6,641 |
| Days On Market: | 2295 |
| Lot Size: | 1,13 |
Description
Amazing rare opportunity to own an income generating investment property in Montgomery. Beautiful building on over 1 acre of land, partially wooded. Unit 1 rent under market value as they are responsible for exterior maintenance. Seller willing to credit the shortage ($200/mo) for the remainder of the lease. Unit 2 is beautifully updated and well maintained. Would work perfectly as a starter home for an owner occupant. Move into Unit 2 and nothing to do but collect rent on Unit 1. Or for investors, continue to collect income from both units, hassle-free. Heated floors throughout most of both of the apartments. Window A/C for Unit 1 and ductless mini split with attic condenser for Unit 2. Newer boiler & roof. Large unfinished basement, plenty of room for washer/dryers (currently tenant owned) and storage. Professionally waterproofed in July 2019. Convenient location, easy walk to river. Don't miss this opportunity!
Property Specifics
| Multi-unit | |
| — | |
| — | |
| — | |
| Full | |
| — | |
| No | |
| 1.13 |
| Kane | |
| — | |
| — / — | |
| — | |
| Lake Michigan,Public | |
| Public Sewer | |
| 10436323 | |
| 1533326025 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 31 Jan, 2020 | Sold | $258,000 | MRED MLS |
| 14 Dec, 2019 | Under contract | $255,000 | MRED MLS |
| — | Last price change | $270,000 | MRED MLS |
| 21 Jul, 2019 | Listed for sale | $280,000 | MRED MLS |
| 8 Apr, 2022 | Sold | $314,000 | MRED MLS |
| 27 Feb, 2022 | Under contract | $309,500 | MRED MLS |
| 4 Jul, 2021 | Listed for sale | $309,500 | MRED MLS |
| 25 Oct, 2025 | Listed for sale | $389,900 | MRED MLS |
Room Specifics
Total Bedrooms: 5
Bedrooms Above Ground: 5
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 2
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: Unfinished
Other Specifics
| 3 | |
| — | |
| — | |
| Storms/Screens | |
| Wooded | |
| 99X461X103X461 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2020 | $6,641 |
| 2022 | $6,760 |
| 2025 | $8,123 |
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