NOT LISTED FOR SALE

118 Peoria St Washington, IL 61571

-- Bed
-- Bath
-- Sq Ft
0.5 Acres

Last Sold June 01, 2018

Last sale price $160,000

About This Home

As of June 2018

Great investment property just 1 block off historic Washington Square offering 6 office suites in a one-story brick building. This property has ample parking, is within walking distance from retail stores and restaurants, and includes vacant lot adjacent east of building next to Lindy’s.

Last Agent to Sell the Property

Ryan Blackorby

Jim Maloof Realty, Inc. License #471009786 Listed on: 12/18/2017

Jim Maloof Realty, Inc.

Last Buyer's Agent

Ryan Blackorby

Jim Maloof Realty, Inc. License #471009786 Listed on: 12/18/2017

Jim Maloof Realty, Inc.

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $7,123

Year Built

  • Built in 1953

Lot Details

  • 0.5

Listing and Financial Details

  • Tenant pays for trash, electric
  • The owner pays for real estate taxes, insurance, structural maintenance, internal maintenance, snow/lawn, gas

Property Details

Property Type

Other

Est. Annual Taxes

$7,123

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office
  • Lvt Date: 12/18/2017
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Other Access: None
  • Total Building Sq Ft: 4800
  • Estimated Lot Sq Ft: 128x185

Exterior Features

  • Exterior Finish: Brick
  • Frontage Access: Paved 2Lane, Inside Lot, City Street
  • Insulation: Roof
  • Roof Construction: Tar/Gravel, Flat
  • Wall Construction: Block

Garage/Parking

  • Numberparking Spaces Allocated: 29

Utilities

  • Cooling: Water
  • Heating: Hot Water
  • Water Supply: Municipal/City

Lot Info

  • Estimated Number of Acres: 0.5
  • Zoning: office
  • Geo Subdivision: IL
  • Parcel 3: 02-02-23-213-009

Rental Info

  • Lease Type: Gross
  • Owner Pays: Real Estate Taxes, Insurance, Structural Maintenance, Internal Maintenance, Snow/Lawn, Gas
  • Sale Lease Includes: Land
  • Tenant Pays: Trash, Electric
  • Terms Lease: Month to Month

Tax Info

  • Annual Taxes: 7122.76
  • Parcel Id Number Tax Id: 02-02-23-213-003
  • Estimated Taxes Sq Ft: 3.96
  • Tax Incentive: In City Limit, TIF District
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2019
Sold by
Aberden Enterprises Llc
Bought by
Stratford Enterprises Llc

Purchase Details

Listed on
Dec 18, 2017
Closed on
Jun 1, 2018
Sold by
Moehle Patricia D and S & S Property Investments Llc
Bought by
Aberdeen Enterprises Llc
Seller's Agent
Ryan Blackorby
Jim Maloof Realty, Inc.
Buyer's Agent
Ryan Blackorby
Jim Maloof Realty, Inc.
List Price
$199,900
Sold Price
$160,000
Premium/Discount to List
-$39,900
-19.96%
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
Stratford Enterprises Llc -- None Available
Aberdeen Enterprises Llc $160,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2018 06/01/18 Sold $160,000 -20.0% --
03/12/2018 03/12/18 Pending -- -- --
12/18/2017 12/18/17 For Sale $199,900 -- --
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 $7,814 $98,520 $16,820 $81,700
2023 $7,814 $91,400 $15,600 $75,800
2022 $7,482 $85,400 $14,580 $70,820
2021 $7,211 $83,300 $14,220 $69,080
2020 $7,108 $83,300 $14,220 $69,080
2019 $6,974 $83,300 $14,220 $69,080
2018 $6,849 $83,300 $14,220 $69,080
2017 $6,675 $83,300 $14,220 $69,080
2016 $6,511 $83,300 $14,220 $69,080
2015 $7,043 $0 $0 $0
2013 $6,646 $72,380 $11,210 $61,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAPA7033181

RMLS Alliance

APN: 02-02-23-213-003