NOT LISTED FOR SALE

118 E 1st St Geneseo, IL 61254

Estimated Value: $171,688

Studio
-- Bath
-- Sq Ft
1,742 Sq Ft Lot

Last Sold April 06, 2022

Last sale price $149,000

Est. 15% increase in value since last sale

Current estimated payment $1,166/month

38 Days on Market

About This Home

As of April 2022

Great mixed-use property available in Geneseo. With great rental history from both retail and residential Tenants, this property has been a good investment for a very long time for the current owners. Two upstairs apartments and Two retail spaces downstairs, this main street property is unique for its downtown area. Rent roll available, please allow 24 hours notice for all showings.

Last Agent to Sell the Property

Alix Holliday

Hawkeye Commercial Real Estate License #S67568000/475.187949 Listed on: 11/10/2021

Co-Listed By

Max Gellerman

Hawkeye Commercial Real Estate License #S69838000/475199257

Last Buyer's Agent

Alix Holliday

Hawkeye Commercial Real Estate License #S67568000/475.187949 Listed on: 11/10/2021

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,056

Lot Details

  • 1,742

Utilities

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

Property Details

Property Type

Other

Est. Annual Taxes

$3,056

Lot Details

1,742 Sq Ft Lot

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Investment, Multi-Family, Retail
  • Lvt Date: 11/10/2021
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Tile/Vinyl
  • Other Access: None
  • Total Building Sq Ft: 3552
  • Estimated Lot Sq Ft: 1804.61

Exterior Features

  • Exterior Finish: Brick, Vinyl
  • Frontage Access: City Street
  • Insulation: Floors, Side Walls
  • Roof Construction: Comp Shingle, Membrane, Flat
  • Wall Construction: Frame

Utilities

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

Lot Info

  • Estimated Number of Acres: 0.04
  • Zoning: C

Rental Info

  • Owner Pays: N/A
  • Sale Lease Includes: Building
  • Tenant Pays: N/A
  • Terms Lease: N/A

Tax Info

  • Annual Taxes: 3056.14
  • Parcel Id Number Tax Id: 08-21-138-041
  • Tax Incentive: In City Limit
  • Tax Year: 2020

Multi Family

  • Total Number Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2021
Closed on
Apr 4, 2022
Sold by
Ritter William E
Bought by
State St Development Llc
Seller's Agent
Alix Holliday
Hawkeye Commercial Real Estate
Buyer's Agent
Alix Holliday
Hawkeye Commercial Real Estate
List Price
$164,900
Sold Price
$149,000
Premium/Discount to List
-$15,900
-9.64%
Current Estimated Value
$171,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,688
Avg. Annual Appreciation
3.63%
Original Mortgage
$111,750
Outstanding Balance
$96,748
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$74,940

Purchase Details

Closed on
Jul 11, 2006
Sold by
Achiterhof Gil R and Achiterhof Roberta J
Bought by
Ritter William E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
State St Development Llc $149,000 None Listed On Document
State St Development Llc $149,000 None Listed On Document
Ritter William E $96,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open State St Development Llc $111,750
Closed State St Development Llc $111,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2022 04/06/22 Sold $149,000 -9.6% --
12/18/2021 12/18/21 Pending -- -- --
11/10/2021 11/10/21 For Sale $164,900 -- --
Source: RMLS Alliance

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 $3,153 $38,793 $1,407 $37,386
2023 $3,077 $38,793 $1,407 $37,386
2022 $3,153 $38,793 $1,407 $37,386
2021 $3,169 $38,793 $1,407 $37,386
2020 $3,056 $37,940 $1,376 $36,564
2019 $3,061 $38,793 $1,407 $37,386
2018 $3,073 $38,793 $1,407 $37,386
2017 $2,965 $38,793 $1,407 $37,386
2016 $3,023 $36,946 $1,340 $35,606
2015 $2,802 $36,946 $1,340 $35,606
2013 $2,802 $36,946 $1,340 $35,606
Source: Public Records

Agents Affiliated with this Home

  • Alix Holliday

    Seller's Agent in 2022

    Alix Holliday

    Hawkeye Commercial Real Estate

    (309) 292-6514

    3 in this area

    64 Total Sales

    Alix Holliday
    Section Image
  • Max Gellerman

    Seller Co-Listing Agent in 2022

    Max Gellerman

    Hawkeye Commercial Real Estate

    (563) 676-2806

    1 in this area

    81 Total Sales

    Max Gellerman
    Section Image
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Map

Source: RMLS Alliance

MLS Number: QC4228270

RMLS Alliance

APN: 08-21-138-041

Illinois Henry County Geneseo 61254

118 E 1st St, Geneseo, IL

Not Listed for Sale

Other

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RMLS Alliance Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.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.
Based on information submitted to the MLS GRID

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