$220,000
PENDING

221 N Main St Wilmington, IL 60481

Estimated payment $1,530/month

Total Views 8,589
4 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Porch
  • Shed
  • Heating System Uses Natural Gas
  • L.J. Stevens Intermediate School Rated A-

About This Home

Recently updated 2 unit building in the heart of Wilmington. Each unit offers 2 bedrooms and 1 bathroom and newer (2023) LVP throughout. Upstairs unit is currently rented for 975/month until 3/26, while downstairs unit is vacant giving you the option to owner occupy or rent it as well. Updates upstairs also include two newer windows, updated kitchen countertops, sink and fixtures. Downstairs unit offers a spacious living area, a separate dining space, in unit laundry, central air/heat and large windows that let in a ton of natural light. All utilities are separate except for water. Roof is 6 years old. Listing agent related to seller.

Listing Agent

Morgan Basham

Kale Realty License #475203895 Listed on: 05/05/2025

Kale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,731

Year Renovated

  • 2023

Home Design

  • Stone Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • On-Street Parking
  • Unassigned Parking

Outdoor Features

  • Shed
  • Porch

Additional Features

  • Partial Basement
  • Lot Dimensions are 66x132
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,731

Year Renovated

2023

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2023
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily
  • Year Renovated: 2023

Interior Features

  • Basement: Unfinished, Partial
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner

Exterior Features

  • Construction Materials: Combination
  • Foundation Details: Stone
  • List Price: 220000
  • OtherStructures: Shed(s)
  • Patio And Porch Features: Porch
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Parking Features: Unassigned, Side Apron, On Site, Other
  • ParkingTotal: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Electric
  • Water Source: Public

Schools

  • Middle/Junior School District: 209U

Lot Info

  • Lot Dimensions: 66X132
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 3731
  • Tax Year: 2023

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $3,851 $48,187 $18,994 $29,193
2022 $3,371 $43,636 $17,200 $26,436
2021 $3,210 $40,724 $16,052 $24,672
2020 $3,167 $39,653 $15,630 $24,023
2019 $3,134 $38,872 $15,322 $23,550
2018 $3,079 $37,987 $14,973 $23,014
2017 $2,904 $35,485 $13,987 $21,498
2016 $2,656 $32,600 $12,850 $19,750
2015 $2,706 $31,821 $12,543 $19,278
2014 $2,706 $32,143 $12,670 $19,473
2013 $2,706 $34,253 $13,502 $20,751
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 Pending -- -- --
05/05/2025 05/05/25 For Sale $220,000 +42.4% --
08/31/2022 08/31/22 Sold $154,500 -6.4% --
07/26/2022 07/26/22 Pending -- -- --
07/20/2022 07/20/22 For Sale $165,000 0.0% --
07/12/2022 07/12/22 Pending -- -- --
06/08/2022 06/08/22 For Sale $165,000 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $154,500 --
Warranty Deed $106,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $131,325 New Conventional
Previous Owner $98,575 FHA
Previous Owner $104,080 FHA
Previous Owner $66,563 Unknown
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12356073

Midwest Real Estate Data (MRED)

APN: 03-17-25-332-001