NOT LISTED FOR SALE

1008 N 4th St Chillicothe, IL 61523

Estimated Value: $248,381

-- Bed
-- Bath
-- Sq Ft
0.29 Acres

Last Sold September 14, 2022

Last sale price $225,000

Est. 10% increase in value since last sale

Current estimated payment $1,637/month

51 Days on Market

About This Home

As of September 2022

Commercial office building in high visibility location on corner lot of main road. 3500 sq ft solidly built building, 4 spaces total but could be 3/1, 2/2 or all one space. One unit currently rented month to month for $1200. Partial basement for additional storage. Parking lot recently resealed with 19 parking spaces with 16 striped including handicapped space. 5 Utility (Ameren/electric) meters for 4 units and 1 for common areas.

Last Agent to Sell the Property

Jessica Ball

RE/MAX Traders Unlimited License #475175281 Listed on: 07/05/2022

RE/MAX Traders Unlimited

Last Buyer's Agent

Richard Gillespie

RE/MAX Traders Unlimited License #475118423

RE/MAX Traders Unlimited

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $7,024

Lot Details

  • 0.29

Utilities

  • Central Air

Property Details

Property Type

Other

Est. Annual Taxes

$7,024

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Investment, Office, Retail
  • Lvt Date: 07/06/2022
  • Flood Insurance: Unknown
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Tile/Vinyl, Wood
  • Total Building Sq Ft: 3500

Exterior Features

  • Exterior Finish: Block, Concrete
  • Frontage Access: Corner Lot, City Street, State Road
  • Roof Construction: Other Roof Construction
  • Wall Construction: Masonry

Garage/Parking

  • Numberparking Spaces Allocated: 19

Utilities

  • Cooling: Central Air
  • Water Supply: Municipal/City

Lot Info

  • Estimated Number of Acres: 0.29
  • Zoning: Commercial
  • Estimated Land Size: 88 x 156
  • Geo Subdivision: IL
  • Irregular Lot: No
  • Property Use: Medical Office, Office Building

Rental Info

  • Sale Lease Includes: Building
  • Terms Lease: Month to Month

Tax Info

  • Annual Taxes: 7023.88
  • Parcel Id Number Tax Id: 05-20-477-004
  • Tax Incentive: None
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2022
Closed on
Sep 8, 2022
Sold by
K4 Land Llc
Bought by
Illinois Valley Central Unit District 321
Seller's Agent
Jessica Ball
RE/MAX Traders Unlimited
Buyer's Agent
Richard Gillespie
RE/MAX Traders Unlimited
List Price
$225,000
Sold Price
$225,000
Total Days on Market
51
Views
15
Current Estimated Value
$248,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,381
Avg. Annual Appreciation
3.67%

Purchase Details

Closed on
May 12, 2015
Sold by
Tfr Professional Building Llc
Bought by
K4 Land Llc
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
Illinois Valley Central Unit District 321 $225,000 --
K4 Land Llc $240,000 Attorney Only
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2022 09/14/22 Sold $225,000 0.0% --
08/25/2022 08/25/22 Pending -- -- --
07/05/2022 07/05/22 For Sale $225,000 -- --
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 -- -- -- --
2023 -- -- -- --
2022 $6,272 $75,000 $13,340 $61,660
2021 $7,024 $83,300 $13,340 $69,960
2020 $7,096 $83,300 $13,340 $69,960
2019 $7,231 $85,000 $13,610 $71,390
2018 $7,128 $86,520 $13,470 $73,050
2017 $7,133 $87,400 $13,610 $73,790
2016 $6,156 $87,400 $13,610 $73,790
2015 $5,502 $77,010 $13,470 $63,540
2014 -- $71,160 $13,150 $58,010
2013 -- $71,160 $13,150 $58,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: PA1235760

RMLS Alliance

APN: 05-20-477-004