NOT LISTED FOR SALE

1048 E Losey St Galesburg, IL 61401

Estimated Value: $82,000 - $100,000

-- Bed
-- Bath
1,200 Sq Ft
$75/Sq Ft Est. Value

About This Home

As of December 2017

Great office space with tremendous visibility in a professional 1 story strip center on a high traffic street in the middle of Galesburg. 22 x 20 reception/front work area allows for single or shared business environment: 2 private offices, 14 x 10'6 break/kitchenette room, 16 x 11'6 file room + 1/2 bath. Must visit to appreciate this excellent business opportunity. $600 per month plus utilities.

Last Agent to Rent the Property

Kit Wilcox

CENTURY 21 Tucker Swanson License #475099856 Listed on: 11/03/2015

Property Details

Property Type

Other

Est. Annual Taxes

$1,798

Year Built

1926

Lot Details

0

Rental Info

  • Lease Dollar Sq Ft: 6
  • Sale Lease Includes: Building

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office
  • Special Features: None
  • Property Sub Type: Other
  • Year Built (Public Record): 1926

Interior Features

  • Total Sq Ft: 1200

Lot Info

  • Zoning: Commercial
  • Geo Subdivision: IL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2023
Sold by
Britton Noelle N and Britton Jamare A
Bought by
Britton Jon I
Current Estimated Value
$90,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Outstanding Balance
$66,683
Interest Rate
7.2%
Mortgage Type
Construction
Estimated Equity
$23,709

Purchase Details

Closed on
Dec 21, 2022
Sold by
Sharp Traci A
Bought by
Britton Noelle N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,990
Interest Rate
6.12%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 1, 2020
Sold by
Kennett Inez M
Bought by
Sharp Traci A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,500
Interest Rate
4%
Mortgage Type
Construction
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
Britton Jon I $81,000 Attorney Only
Britton Noelle N $75,500 Attorney Only
Sharp Traci A $50,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Britton Jon I $68,000
Previous Owner Britton Noelle N $72,990
Previous Owner Sharp Traci A $47,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2017 12/08/17 Rented -- -- --
11/08/2017 11/08/17 Under Contract -- -- --
11/03/2015 11/03/15 For Rent -- -- --
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 $1,798 $25,380 $3,300 $22,080
2023 $1,798 $24,580 $3,200 $21,380
2022 $1,089 $17,490 $3,200 $14,290
2021 $1,022 $16,500 $3,020 $13,480
2020 $1,992 $20,140 $3,020 $17,120
2019 $0 $19,740 $2,960 $16,780
2018 $0 $19,730 $2,870 $16,860
2017 -- $19,160 $2,790 $16,370
2015 -- $18,880 $2,750 $16,130
2013 -- $19,070 $2,780 $16,290
Source: Public Records

Agents Affiliated with this Home

  • Kit Wilcox

    Landlord's Agent in 2017

    Kit Wilcox

    CENTURY 21 Tucker Swanson

    (309) 368-0100

    127 in this area

    169 Total Sales

    Kit Wilcox
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Map

Source: RMLS Alliance

MLS Number: RMACA157075

RMLS Alliance

APN: 99-09-426-003

Illinois Knox County Galesburg 61401

1048 E Losey St, Galesburg, IL

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