NOT LISTED FOR SALE

101 W 8th St Metropolis, IL 62960

-- Bed
-- Bath
-- Sq Ft
0.6 Acres

Last Sold May 26, 2021

Last sale price $415,000

1,137 Days on Market

About This Home

As of May 2021

21,444 square foot commercial office building located in Metropolis IL. Just minutes from Interstate 24, Exit 37, which provides easy access to Paducah KY, Clarksville & Nashville TN as well as St. Louis MO and Mt Vernon IL. The building offers 7 restrooms, 20+ individual offices, board room, conference room, elevator, 3 phase electric, two vaults and much more. It is situated on a 48,000 square foot lot with 38 parking spaces plus additional off site parking. Major area employers in the county include Dynergy energy Management, Honewell Inc., LaFarge Corporation, Cook Coal Terminal, Massac Memorial Hospital and Harrah's Metropolis Casino. Other area employers include Baptist Health Paducah, Lourdes Hospital, Ingram Barge, James Marine Inc., Ashland Chemical and more.

Last Listed By

Stewart Weisenberger

Farmer & Co. Real Estate License #471018059 Listed on: 02/16/2018

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $0

Year Built

  • Built in 1998

Lot Details

  • 0.6

Utilities

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

Property Details

Property Type

Other

Est. Annual Taxes

$0

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Investment, Office, Retail
  • Legal Description: Most Furniture/Decor/Appliances will stay. No comp
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete, Carpeted, Tile/Vinyl
  • Total Sq Ft: 21444

Exterior Features

  • Exterior Finish: Brick
  • Frontage Access: Corner Lot, City Street, State Road
  • Insulation: Roof, Side Walls
  • Roof Construction: Asphalt/Fiberglass
  • Wall Construction: Frame

Garage/Parking

  • Numberparking Spaces Allocated: 53

Utilities

  • Electric Company: City of Metropolis
  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Water Supply: Municipal/City
  • Gas Company: Liberty Utility
  • Water Company: City of Metropolis

Association/Amenities

  • Amenities: Wireless Internet

Lot Info

  • Estimated Number of Acres: 0.6
  • Zoning: Commercial
  • Estimated Land Size: 68x360x150x240x75x42x7x78
  • Geo Subdivision: IL
  • Irregular Lot: No

Rental Info

  • Sale Lease Includes: Sale/Lease Other
  • Terms Lease: N/A

Tax Info

  • Parcel Id Number Tax Id: 0802465015
  • Tax Incentive: None
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2018
Closed on
May 26, 2021
Sold by
Massac County
Bought by
Southern Illinois Center For Independent
Seller's Agent
Stewart Weisenberger
Farmer & Co. Real Estate
Buyer's Agent
Stewart Weisenberger
Farmer & Co. Real Estate
List Price
$1,995,000
Sold Price
$415,000
Premium/Discount to List
-$1,580,000
-79.2%
Total Days on Market
1137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Outstanding Balance
$432,027
Interest Rate
3%
Mortgage Type
Commercial

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
Southern Illinois Center For Independent -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Southern Illinois Center For Independent $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2021 05/26/21 Sold $415,000 -79.2% --
03/29/2021 03/29/21 Pending -- -- --
02/16/2018 02/16/18 For Sale $1,995,000 -- --
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
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAEB418610

RMLS Alliance

APN: 08-02-465-015