NOT LISTED FOR SALE

Estimated Value: $871,553

Studio
-- Bath
-- Sq Ft
120,661 Sq Ft Lot

Last Sold April 16, 2021

Last sale price $700,000

Est. 25% increase in value since last sale

Current estimated payment $5,529/month

About This Home

As of December 2021

Industrial building for distribution/manufacturing/warehouse use. Two dock doors and four drive-in doors. Close to I92/I280. NNN Lease.

Last Agent to Rent the Property

Thad DenHartog

Mel Foster Co. Commercial License #B39654000/471.002649 Listed on: 06/15/2021

Mel Foster Co. Commercial

Last Renter's Agent

Thad DenHartog

Mel Foster Co. Commercial License #B39654000/471.002649 Listed on: 06/15/2021

Mel Foster Co. Commercial

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $25,189

Year Built

  • 1981

Lot Details

  • 2.77

Utilities

  • Cooling Available
  • Forced Air Heating System

Property Details

Property Type

Other

Est. Annual Taxes

$25,189

Year Built

1981

Lot Details

2.77 Acres

Rental Info

  • Lease Dollar Sq Ft: 4
  • Lease Type: Net
  • Owner Pays: N/A
  • Tenant Pays: N/A
  • Terms Lease: 3 Years, 4 Years, 5 Years

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Industrial, Warehouse
  • Lvt Date: 06/15/2021
  • Three Phase: Yes
  • Special Features: None
  • Property Sub Type: Other
  • Year Built (Public Record): 1981

Interior Features

  • Flooring: Concrete, Carpeted
  • Total Building Sq Ft: 23500
  • Estimated Lot Sq Ft: 120661

Exterior Features

  • Exterior Finish: Concrete
  • Frontage Access: Corner Lot, City Street, Paved 2Lane
  • Insulation: Unknown
  • Roof Construction: Metal
  • Wall Construction: Masonry, Steel/ST Fram

Utilities

  • Cooling: Individual Units, Office Only
  • Heating: Forced Air, Individual Units
  • Water Supply: Municipal/City

Lot Info

  • Estimated Number of Acres: 2.77
  • Zoning: I-1
  • Geo Subdivision: IL
  • Property Use: Distribution Warehouse, Flex Space, Manufacturing, Office Showroom, R & D, Warehouse

Tax Info

  • Annual Taxes: 25188.84
  • Parcel Id Number Tax Id: 11-4069
  • Tax Incentive: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Apr 15, 2021
Sold by
Logan Street Properties Llc
Bought by
Leveraged Holdings Llc
Seller's Agent
Margery Stratton
Mel Foster Co. Commercial
Buyer's Agent
Thad DenHartog
Mel Foster Co. Commercial
List Price
$815,000
Sold Price
$700,000
Premium/Discount to List
-$115,000
-14.11%
Current Estimated Value
$871,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,553
Avg. Annual Appreciation
4.55%
Original Mortgage
$560,000
Outstanding Balance
$505,612
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$365,941

Purchase Details

Closed on
Apr 12, 2019
Sold by
Rv Evans Company
Bought by
Logan Street Properties Llc

Purchase Details

Closed on
Sep 1, 1980
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Buyer Sale Price Title Company
Leveraged Holdings Llc $700,000 Meridian Title
Logan Street Properties Llc -- Berger Raymond D
-- $69,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leveraged Holdings Llc $560,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/10/2021 12/10/21 Rented $470,000 0.0% --
06/15/2021 06/15/21 For Rent $470,000 0.0% --
04/16/2021 04/16/21 Sold $700,000 -14.1% -- View Prior Sale
03/17/2021 03/17/21 Pending -- -- --
10/20/2020 10/20/20 For Sale $815,000 -- --
Source: RMLS Alliance

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 $29,493 $319,999 $31,348 $288,651
2023 $29,493 $299,064 $29,297 $269,767
2022 $26,533 $275,890 $27,027 $248,863
2021 $26,362 $261,260 $25,594 $235,666
2020 $25,825 $254,639 $24,945 $229,694
2019 $25,902 $252,118 $24,698 $227,420
2018 $25,189 $249,128 $24,405 $224,723
2017 $22,998 $244,483 $23,950 $220,533
2016 $22,449 $243,267 $23,831 $219,436
2015 $22,499 $241,984 $23,705 $218,279
2014 $5,058 $236,775 $23,195 $213,580
2013 $5,058 $236,775 $23,195 $213,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4222885

RMLS Alliance

APN: 16-26-102-001

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