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Sold on 08/24/2016
Lauralee McElroy of Century 21 Affiliated

1 E Main St, Newark, IL 60541

  • $241,000

    Last sold 08/24/2016 for $145K

  • 8

    bed

  • 3

    bath

Multi-family not for sale
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About 1 E Main St

Property type Multi-family
HOA fee $0/month
Movoto estimate
Property description
Seller Ready To Deal !! Bring Your Offer!! Live In One Unit * Rent the Other 2 = No Mortgage For YOU!! Property Class -0060-Improved Commercial. Located in the Center of Downtown Newark! Multiple Business Possibilities! Current Use - Apartments. Approx. 3900 sq ft Building! Two Large Units w/ 3 BR each, One on the Main Level, the Other on the 2nd Floor. Loft Unit Is Located in the Back of the Building w/ Separate Exterior Access to the Main Level. Loft Unit Has Kitchen, Bath, and Living Rm on the Main Floor w/2 BR on the 2nd Floor! Large Rooms In All Units! Some Appliances Included! Tenants Pay Utilities! Laundry Hook-Ups In All Units. Basement Storage to All Units. Metal Roof. Interior Access to Units 1 & 2! Great Investment Opportunity! Make Offer! NEED 24 HR NOTICE!!
Listed by
Listing Agent - Lauralee McElroy
Listing Office - Century 21 Affiliated
Source: MRED mls logo
MLS#09152650 • last updated 8 years ago
Movoto checked MRED for data 47 minutes ago
Overview
Heating Gas
MLS # 9152650
Type Two To Four Units
Property Tax $ 3272
Year Built U
Interior
Basement Unfinished, Full
Total # of Rooms 16
Exterior
Exterior Frame
Roof Metal
Parking Desc Space/s, Driveway
# Parking Spaces 4, 4
Lot Desc Less Than 0.25 Acre, Corner
Amenities / Utilities
Sewer/ Septic Desc Sewer-Public
Water Source Public
Location
County Kendall
High School District 66
Elementary School District 66
Middle School District 66
Directions RT71 TO MAIN(RIGHT AT FORD DEALER)TO JOHNSON & MAIN
APN 706282007
Zoning OTHER
Multifamily Details
Unit 2: Interior Features Stove, Refrigerator, Washer, Dryer
Unit 3: Interior Features Stove, Refrigerator
Unit 1: Interior Features Stove, Refrigerator, Washer, Dryer, Dishwasher
Unit 3: Tenant Pays Electric, Gas, Heat
Unit 2: Tenant Pays Electric, Gas, Heat
Unit 1: Tenant Pays Electric, Gas, Heat
Unit 1: Rent 800
Unit 3: Rent 800
Unit 2: Rent 875
Unit 3: Total # of Rooms 5
Unit 1: Total # of Rooms 5
Unit 2: Total # of Rooms 6
Unit 3: # of Bedrooms 2
Unit 2: # of Bedrooms 3
Unit 1: # of Bedrooms 3
Gross Rental Income 29700
Net Operating Income 26400
Unit 2: Security Deposit 875
$241K
Range: $195K-$286K
Last 30 days 
  • Aug 2016
    mls logo MLS # 09152650
  • Aug 25, 2016 Sold
    $145,000 (-9.3%)
  • Aug 11, 2016 Contingent
    —
  • May 2, 2016 Price Change
    $159,900 (-5.9%)
  • Apr 17, 2016 Price Change
    $169,900 (-5.6%)
  • Apr 1, 2016 Price Change
    $179,900 (-5.3%)
  • Mar 25, 2016 Price Change
    $189,900 (-5.0%)
  • Mar 1, 2016 Listed
    $199,900 (-20.0%)
  • Jun 2007
    mls logo MLS # 06428601
  • Jun 14, 2007 Cancelled
    —
  • Mar 5, 2007 Listed
    $249,900
  • 1 E Main St
    $145K
  • —
  • 60541
    $650K +73% y/y
  • Newark
    $650K +50% y/y
No chart available
Statistics calculated by Movoto

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8/10
Newark Elementary School
public Grades K-4
Newark Central Consolidated School District 66
7/10
Millbrook Junior High School
public Grades 5-8
Newark Central Consolidated School District 66
9/10
Newark Community High School
public Grades 9-12
Newark Chsd 18 School District
Source: GreatSchools.org © 2026. All rights reserved.

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