NOT LISTED FOR SALE

100 W Broadway Centralia, IL 62801

-- Bed
-- Bath
-- Sq Ft
0.46 Acres

Last Sold November 07, 2016

Last sale price $163,000

About This Home

As of November 2016

Local thriving business restaurant bar for sale. Complete turnkey operation, all restaurant, bar equipment smoker, walk-in cooler will remain. Building has been completely renovated in 2014 with a new roof. This is a great opportunity for someone with unlimited possibilities, very high street traffic count! Call to schedule a private showing today!Disclosure: Waiting on EPA Letter from the state of Illinois- Land has already been cleaned cleared and approved through EPA, just wanting on the paperwork.Poker machines are avail. with approved liquor license.

Last Agent to Sell the Property

Jennifer True

MIDWEST FARM & LAND CO. LLC Listed on: 07/28/2016

Last Buyer's Agent

Jennifer True

MIDWEST FARM & LAND CO. LLC Listed on: 07/28/2016

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,014

Year Built

  • Built in 1985

Lot Details

  • 0.46

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Property Details

Property Type

Other

Est. Annual Taxes

$2,014

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Investment
  • Legal Description: Tables, Chairs, , Bar, T.V's, Kitchen Equipment, S
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Tile/Vinyl
  • Half Basement: No Basement
  • Total Sq Ft: 3960

Exterior Features

  • Exterior Finish: Brick, Block
  • Roof Construction: Other Roof Construction
  • Construction: Block, Brick
  • Foundation: Slab

Garage/Parking

  • Numberparking Spaces Allocated: 43

Utilities

  • Electric Company: Ameren
  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Water Supply: Municipal/City
  • Gas Company: Ameren
  • Water Company: City of Centralia
  • Electric: 3 Phase

Association/Amenities

  • Additional Amenities: Intercom, Satellite Dish, Smoke Detector
  • Amenities: Other Amenities, Wireless Internet

Lot Info

  • Estimated Number of Acres: 0.46
  • Zoning: Commercial
  • Estimated Land Size: 160x125
  • Geo Subdivision: IL
  • Irregular Lot: No
  • Property Use: Other Property Use

Rental Info

  • Sale Lease Includes: Business, Inventory

Tax Info

  • Annual Taxes: 2014
  • Parcel Id Number Tax Id: 14-20-001-030
  • Tax Incentive: None
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2017
Sold by
Chen Bing
Bought by
166 Lins Realty Llc

Purchase Details

Listed on
Jul 28, 2016
Closed on
Nov 5, 2016
Sold by
Seip Oil Properties Inc
Bought by
Chen Bing
Seller's Agent
Jennifer True
MIDWEST FARM & LAND CO. LLC
Buyer's Agent
Jennifer True
MIDWEST FARM & LAND CO. LLC
List Price
$195,900
Sold Price
$163,000
Premium/Discount to List
-$32,900
-16.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,400
Interest Rate
3.42%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
166 Lins Realty Llc -- --
Chen Bing $162,000 Illinois Real Estate Service
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen Bing $130,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2016 11/07/16 Sold $163,000 -16.8% --
10/06/2016 10/06/16 Pending -- -- --
07/28/2016 07/28/16 For Sale $195,900 -- --
Source: RMLS Alliance

Tax History Compared to Growth

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
2024 $2,042 $33,620 $9,430 $24,190
2023 $2,111 $31,420 $8,810 $22,610
2022 $2,193 $28,560 $8,010 $20,550
2021 $2,109 $26,700 $7,490 $19,210
2020 $2,092 $25,900 $7,270 $18,630
2019 $2,074 $24,950 $7,000 $17,950
2018 $2,110 $24,950 $7,000 $17,950
2017 $2,092 $24,460 $6,860 $17,600
2016 $2,080 $23,520 $6,600 $16,920
2015 $27 $29,270 $6,600 $22,670
2012 $25 $28,700 $6,470 $22,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAEB407729

RMLS Alliance

APN: 1420001030