Investors, build your portfolio! Buy this 6 unit apartment building on a nice wooded lot in the lovely Machesney Park location! Renters are so close to 173 with a plethora of stores and restaurants. 5 units - 2 bd, 1 unit - 1 bd. All units are currently rented and on month to month leases. Rents average $650 but should be at least $900-$1000 at market rates. Building is all electric and each unit pays own electric which includes their heat and wall A/C units. Owner pays water/sewer/garbage. 5 of the 6 water heaters are newer, new roof and gutters 2018, parking lot seal coat 2024. 2 sets of coin laundry. Units come with stove and refrigerator, all dishwashers are non functional and will not be replaced. Property is being sold as is.
Sold for $455,000
$455,000
1161 Minns Dr, Machesney Park, IL 61115
--beds
--baths
5,256sqft
5+ Units
Built in 1998
-- sqft lot
$-- Zestimate®
$87/sqft
$1,201 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,201/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Marla Anderson 815-222-8700,
Advantage Realtors
Bought with:
Joseph Aaronson, 475.201929
Exit Realty Redefined Maurer Group
Source: NorthWest Illinois Alliance of REALTORS®,MLS#: 202404104
Facts & features
Interior
Heating
- Baseboard, Electric
Cooling
- Wall Unit(s)
Appliances
- Included: Dishwasher, Dryer, Refrigerator, Stove/Cooktop, Washer, Electric Water Heater
- Laundry: Common Area
Features
- Has basement: No
Interior area
- Total structure area: 5,256
- Total interior livable area: 5,256 sqft
- Finished area above ground: 2,628
- Finished area below ground: 2,628
Property
Parking
- Total spaces: 8
Features
- Levels: Two
- Stories: 2
- Exterior features: Balcony
Details
- Parcel number: 0830226018
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Units
Materials
- Siding
- Roof: Shingle
Condition
- Year built: 1998
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: City
- Water: City
- Utilities for property: Separate Utilities
Community & HOA
Community
- Subdivision: IL
Location
- Region: Machesney Park
Financial & listing details
- Price per square foot: $87/sqft
- Tax assessed value: $362,676
- Annual tax amount: $9,265
- Price range: $455K - $455K
- Date on market: 8/1/2024
- Cumulative days on market: 6 days
Price history
| Date | Event | Price |
|---|---|---|
| 9/9/2024 | Sold | $455,000-4.2%$87/sqft |
Source:  NorthWest Illinois Alliance of REALTORS® #202404104 Report a problem | ||
| 8/14/2024 | Pending sale | $475,000$90/sqft |
Source: NorthWest Illinois Alliance of REALTORS® #202404104 Report a problem | ||
| 8/9/2024 | Listed for sale | $475,000$90/sqft |
Source: NorthWest Illinois Alliance of REALTORS® #202404104 Report a problem | ||
| 8/3/2024 | Pending sale | $475,000$90/sqft |
Source: NorthWest Illinois Alliance of REALTORS® #202404104 Report a problem | ||
| 8/1/2024 | Listed for sale | $475,000+47.5%$90/sqft |
Source: NorthWest Illinois Alliance of REALTORS® #202404104 Report a problem | ||
| 7/14/2006 | Sold | $322,000-0.2%$61/sqft |
Source: Public Record Report a problem | ||
| 7/27/2004 | Sold | $322,500+21.7%$61/sqft |
Source: Public Record Report a problem | ||
| 6/10/1999 | Sold | $265,000-1.9%$50/sqft |
Source: Public Record Report a problem | ||
| 12/8/1998 | Sold | $270,000+629.7%$51/sqft |
Source: Public Record Report a problem | ||
| 12/19/1997 | Sold | $37,000$7/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,625 +3.9% | $120,892 +12.6% |
| 2023 | $9,265 +0.6% | $107,364 +9.6% |
| 2022 | $9,206 | $97,924 +7.5% |
| 2021 | -- | $91,076 +5% |
| 2020 | $7,933 -3.3% | $86,755 +4.4% |
| 2019 | $8,203 -6.9% | $83,099 +3.4% |
| 2018 | $8,806 +102.8% | $80,374 +2.8% |
| 2017 | $4,343 | $78,170 +2% |
| 2016 | $4,343 -49.4% | $76,615 +1.8% |
| 2015 | $8,575 +0.6% | $75,275 |
| 2014 | $8,527 +8.9% | $75,275 -29.8% |
| 2009 | $7,833 | $107,242 +5% |
| 2007 | -- | $102,151 +3.8% |
| 2006 | -- | $98,392 +3.2% |
| 2005 | -- | $95,360 +2.4% |
| 2004 | -- | $93,088 +6% |
| 2003 | -- | $87,793 |
| 2001 | -- | $87,793 +2.5% |
| 2000 | -- | $85,685 |
| 1999 | -- | $85,685 |
Find assessor info on the county website
Neighborhood: 61115
Nearby homes
- $--2 bd1 ba850 sqft1161 Minns Dr #6, Machesney Park, IL 61115Off Market
- $226,8003 bd1 ba1.5k sqft1215 Minns Dr, Machesney Park, IL 61115Off Market
- $500,000-- bd-- ba5.2k sqft1151 Minns Dr, Machesney Park, IL 61115Sold
- $---- bd-- ba-- sqft1141 Minns Dr APT 4, Machesney Park, IL 61115Off Market
- $--2 bd1 ba700 sqft1141 Minns Dr APT 6, Machesney Park, IL 61115Off Market
- $202,8003 bd1 ba988 sqft1222 Van Stone Dr, Machesney Park, IL 61115Off Market
- $--2 bd1 ba700 sqft1141 Minns Dr #2, Machesney Park, IL 61115Off Market
- $--2 bd1 ba850 sqft1141 Minns Dr APT 7, Machesney Park, IL 61115Off Market
Nearby schools
GreatSchools rating
- 5/10Machesney Elementary SchoolGrades: 1-5Distance: 0.6 mi
- 5/10Harlem Middle SchoolGrades: 6-8Distance: 2.1 mi
- 4/10Harlem High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Marquette Elementary
- Middle: Harlem Jr
- High: Harlem High School
- District: Harlem 122
Source: NorthWest Illinois Alliance of REALTORS®. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Illinois
- Winnebago County
- Machesney Park
- 61115
- 1161 Minns Dr
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