NOT LISTED FOR SALE

106 SW Arch St Atlanta, IL 61723

Estimated Value: $93,381

-- Bed
-- Bath
-- Sq Ft
4,879 Sq Ft Lot

Last Sold January 06, 2023

Last sale price $50,000

Est. 87% increase in value since last sale

Current estimated payment $690/month

8 Days on Market

About This Home

As of January 2023

If you cannot see the value here, then you need to look again! Stately 6,400 square foot two story commercial structure situated in downtown Atlanta, Illinois surrounded by various landmarks, sought after shops, etc. -- just minutes from interstate access. The turn key main floor boasts two separate office areas with a main lobby/entry area -- each with ample space. Long term tenant that occupies the north side currently pays $975.00/month (pay attention bargain shoppers)! South side is currently vacant and is ready for immediate occupancy. Main floor also features various bathrooms and great rear storage/work space. And that second story? A total blank slate for you to design/restructure however you would like! Added commercial space? Apartments? Such an amazing use of space that could suit various needs/desires! Older elevator in structure as well (do NOT use -- sold AS IS). Opportunity truly knocks with this clearance shelf buy! Property being sold as presented.

Last Agent to Sell the Property

Seth Goodman

ME Realty License #475126097 Listed on: 12/21/2022

Last Buyer's Agent

Seth Goodman

ME Realty License #475126097 Listed on: 12/21/2022

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,845

Lot Details

  • 4,879

Utilities

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

Property Details

Property Type

Other

Est. Annual Taxes

$1,845

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office
  • Lvt Date: 12/21/2022
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpeted, Tile/Vinyl
  • Total Building Sq Ft: 6400

Exterior Features

  • Exterior Finish: Brick, Wood Siding
  • Frontage Access: City Street
  • Insulation: Unknown
  • Roof Construction: Membrane, Sloped
  • Wall Construction: Brick, Frame

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Water Supply: Municipal/City

Lot Info

  • Zoning: Commercial
  • Estimated Land Size: 40X120
  • Geo Subdivision: IL

Rental Info

  • Sale Lease Includes: Building, Land
  • Terms Lease: Yearly

Tax Info

  • Annual Taxes: 1845.26
  • Parcel Id Number Tax Id: 05-343-006-00
  • Tax Incentive: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2024
Sold by
Rose Jonathan David
Bought by
Rabe Building Llc
Current Estimated Value
$93,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Outstanding Balance
$69,498
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$23,883

Purchase Details

Listed on
Dec 21, 2022
Closed on
Jan 6, 2023
Sold by
Meints Julie M and Paul A Meints Estate Paul A Meints Estate
Bought by
Rose Jonathan David
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Seth Goodman
ME Realty
List Price
$50,000
Sold Price
$50,000
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.36%
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
Rabe Building Llc $90,000 None Available
Rose Jonathan David $50,000 Ptax
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rabe Building Llc $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2023 01/06/23 Sold $50,000 0.0% --
12/29/2022 12/29/22 Pending -- -- --
12/21/2022 12/21/22 For Sale $50,000 -- --
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 $2,182 $26,830 $3,290 $23,540
2023 $1,999 $24,390 $2,990 $21,400
2022 $1,890 $22,790 $2,790 $20,000
2021 $1,845 $22,200 $2,720 $19,480
2020 $1,862 $22,200 $2,720 $19,480
2019 $1,881 $22,520 $2,760 $19,760
2018 $1,886 $22,520 $2,760 $19,760
2017 $1,828 $21,650 $2,650 $19,000
2016 $1,847 $21,750 $2,660 $19,090
2015 $1,564 $20,820 $2,540 $18,280
2014 $1,564 $20,820 $2,540 $18,280
2013 $1,564 $19,640 $2,400 $17,240
2012 $1,564 $19,570 $2,390 $17,180
Source: Public Records

Agents Affiliated with this Home

  • Seth Goodman

    Seller's Agent in 2023

    Seth Goodman

    ME Realty

    (217) 737-3742

    1,904 Total Sales

    Seth Goodman
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Map

Source: RMLS Alliance

MLS Number: RMACA1019734

RMLS Alliance

APN: 05-343-006-00

Illinois Logan County Atlanta 61723

106 SW Arch St, Atlanta, IL

This home is located at 106 SW Arch St, Atlanta, IL 61723 since 21 December 2022 and is currently estimated at $93,381. 106 SW Arch St is a home located in Logan County with nearby schools including Olympia High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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