NOT LISTED FOR SALE

115 W Cherry St Herrin, IL 62948

Estimated Value: $200,159

Studio
-- Bath
-- Sq Ft
2,744 Sq Ft Lot

Last Sold January 27, 2017

Last sale price $116,000

Est. 73% increase in value since last sale

Current estimated payment $1,145/month

130 Days on Market

About This Home

As of January 2017

Turnkey established bar in downtown Herrin, Il set around an entertainment area and a block off the main road. 4,900 Sq ft tavern includes dance area, gaming machines, screen wall and projector, stage, lighting, lasers, pool tables, covered outdoor patio with windows looking at the inside of the bar, multi sided bar, food prep area, walk in cooler with a new compressor in 2014, liquor room, ice machine, coolers, 2 new refrigerators, 2 large bathrooms, and an office. Seller has installed 2 newer 10 ton HVAC systems by Charlie's Heating And Cooling, rewired building - has 3 phase system, had the roof mopped 2 years ago. Lots of street parking and 2 municipal parking lots nearby. 32 camera security system. POS sold separately. Outdoor signage. BUY NOW!! It is time to serve your own beer!!Disclosure: Sq ft is from assessor file & is approximate. Some of the lighting & equipment belong to DJ. All beer lights belong to distributors. Pool tables, jukebox, gaming machines do not go with the sa

Last Agent to Sell the Property

CHRIS SISULAK

C21 HOUSE OF REALTY, INC. CD License #475142107 Listed on: 06/28/2016

Last Buyer's Agent

Mark Krones

C21 HOUSE OF REALTY, INC. C License #471005092

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,304

Year Built

  • Built in 1957

Lot Details

  • 2,744

Utilities

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

Property Details

Property Type

Other

Est. Annual Taxes

$1,304

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Investment
  • Legal Description: Inventory, equipment, furniture, tvs
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete, Carpeted, Other Flooring
  • Half Basement: No Basement
  • Total Sq Ft: 4900

Exterior Features

  • Exterior Finish: Brick, Block
  • Roof Construction: Rolled
  • Construction: Block, Framed On Site
  • Foundation: Slab

Garage/Parking

  • Numberparking Spaces Allocated: 50

Utilities

  • Electric Company: Ameren
  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Water Supply: Municipal/City
  • Gas Company: Ameren
  • Water Company: City
  • Electric: 3 Phase

Association/Amenities

  • Amenities: Other Amenities, Wireless Internet

Lot Info

  • Zoning: Commercial
  • Estimated Land Size: 50x110
  • Geo Subdivision: IL
  • Irregular Lot: No
  • Property Use: Other Property Use

Rental Info

  • Sale Lease Includes: Business, Inventory, Sale/Lease Other

Tax Info

  • Annual Taxes: 1303.76
  • Parcel Id Number Tax Id: 0219463004
  • Tax Incentive: None
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2023
Sold by
County Clerk Of The County Of Williamson
Bought by
Sabre Investments Llc
Current Estimated Value
$200,159
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
Sabre Investments Llc -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2017 01/27/17 Sold $116,000 -7.2% --
11/05/2016 11/05/16 Pending -- -- --
06/28/2016 06/28/16 For Sale $125,000 -- --
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
2025 $1,277 $14,680 $3,820 $10,860
2024 $1,277 $14,680 $3,820 $10,860
2023 $1,277 $14,680 $3,820 $10,860
2022 $1,106 $12,940 $3,370 $9,570
2021 $1,076 $12,470 $3,250 $9,220
2020 $1,076 $11,780 $3,070 $8,710
2019 $1,001 $11,780 $3,070 $8,710
2018 $1,001 $11,780 $3,070 $8,710
2017 $978 $11,780 $3,070 $8,710
2015 $1,664 $19,850 $2,910 $16,940
2013 $1,295 $19,850 $2,910 $16,940
2012 $1,295 $19,850 $2,910 $16,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAEB407212

RMLS Alliance

APN: 02-19-463-008