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1 N 3rd Street, Ridge Farm, IL 61870
$99,900
1 N 3rd Street, Ridge Farm, IL 61870View this property at 1 N 3rd Street, Ridge Farm, IL 61870
1 N 3rd StreetRidge FarmIL61870
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Property Description
Seize the opportunity to invest or create your own affordable living space with this 2-unit building in peaceful Farm Ridge, Illinois. This property has undergone a thorough renovation and is ready for immediate occupancy. The exterior boasts a fresh coat of paint, new gutters, and a recently installed roof, all situated on a generous corner lot. Step inside to discover that each unit has been revitalized with brand-new flooring, a fresh layer of paint, and updated plumbing and electrical systems. Convenience is key, as both units are equipped with individual laundry rooms and separate heating and cooling systems. Moreover, separate gas and electric meters for each unit to simplify the management of utilities. Whether you're looking to live in one unit while offsetting costs by renting out the other, or you're aiming to establish a cash-flow-positive, turnkey rental property, this building offers flexibility to suit your needs. Don't miss out on this investment. Arrange your private tour today and envision the possibilities for yourself.
Full Property Details
Full Property Details for 1 N 3rd St
General
- Price: $99,900
- Taxes: $1,999 (2022)
- Status: Active
- Type: Multi-Family
- MLS ID: 12047262
- Updated: 5/10/2024
- Added to Site: 16 day(s) ago
Interior
- Basement: None
Rooms
Bathrooms
- Total Bathrooms: 2
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 4
Additional Information
- Other Features: School Bus Service
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Type: Garage
Location
- Area: Balance of Vermillion County
- County: Vermilion
- Township: Elwood
- Driving Directions: S on State st right on Owen st house on the right
School Information
- School District: 4
- Elem School District: 4
- Midd School District: 4
- High School District: 4
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Exterior Const.: Vinyl Siding, Other
- Basement Desc.: None
- Year Built: 1960
- Built Before 1978: Yes
- Remodeled/Updated: 2024
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 90 x 90
Financial Considerations
- Assessment Year: 1960
- Tax Amount: $1,999.56
- Tax Year: 2022
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 33303170300000
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Schools
Schools serving 1 N 3rd St
School District:Georgetown-Ridge Farm Community Unit District 4
Rating | Name | Grades | Distance |
---|---|---|---|
505 S Kennedy Dr, Georgetown, IL 61846 | PK-3 | 5.2 mi | |
414 W West St, Georgetown, IL 61846 | 6-8 | 5.4 mi | |
500 W Mulberry St, Georgetown, IL 61846 | 9-12 | 5.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1 N 3rd St
Date
Details
Price
Change
Source
5/03/2024
Listed
$99,900
299.6%
MLS
5/17/2023
Sold
$25,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1 N 3rd St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$2,132
10%
$18,103
3%
2021
$1,934
1%
$17,508
—
2020
$1,917
—
$17,508
5%
2020
$1,917
4%
$16,632
6%
2019
$1,844
3%
$15,639
7%
2018
$1,795
—
$14,550
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1 N 3rd St
1 N 3rd Street, Ridge Farm, IL 61870 (MLS# 12047262) is a Multi-Family property with 2 units containing 4 bedrooms and 0 full bathrooms. 1 N 3rd Street is currently listed for $99,900 and was received on May 03, 2024. Want to learn more about 1 N 3rd Street? Do you have questions about finding other Multi-Family real estate for sale in Ridge Farm? You can browse all Ridge Farm real estate or contact a Coldwell Banker agent to request more information.