NOT LISTED FOR SALE

118 S Broad St Lanark, IL 61046

Estimated Value: $137,200

Studio
-- Bath
4,180 Sq Ft
$33/Sq Ft Est. Value

Sale Details

Date Sold: December 27, 2024

Last sale price $105,000 $25 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $978 / mo

30 Days on Market

Highlights

  • Commercial or Retail Space
  • Tile Flooring
  • Forced Air Heating and Cooling System
  • Eastland Elementary School Rated A-

About This Home

As of December 2024

WELL MAINTAINED COMMERCIAL BUILDING WITH MANY POSSIBLITIES, 2 SEPERATE DOORS ON THE MAIN STREET OF LANARK ILL, PROPERTY CAN HOLD 2 BUSINESSES W/ SHARED 2 BATHROOMS AS WELL AS A LARGE GARAGE TYPE STORAGE FACLILITY, (PLUMBED FOR A TOILET)TO THE REAR OF THE PROPERTY WITH LARGE GARAGE DOOR AND SEPERATED HEATING SYSTEM. 2 GAS FORCED AIR UNITS AND 2 CENTRAL AIR UNITS.

Last Agent to Sell the Property

Deanna Shepherd

MEL FOSTER CO. License #471007664 Listed on: 10/20/2024

MEL FOSTER CO.

Last Buyer's Agent

Amy Barnes

BARNES REALTY, INC. License #471001588

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,966

Year Built

  • Built in 1943

Lot Details

  • 5,663 Sq Ft Lot
  • Sprinkler System

Home Design

  • Commercial or Retail Space
  • Slab Foundation
  • Fire Rated Drywall
  • Shingle Roof

Interior Spaces

  • 4,180 Sq Ft Home
  • Tile Flooring

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Property Details

Property Type

Other

Est. Annual Taxes

$1,966

Year Built

Built in 1943

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Electric: Circuit Breaker
  • Class: COMMERCIAL/INDUSTRIAL
  • Exemptions: None
  • Type: Commercial
  • Agent Only_ L A1 User Code: F_3867
  • Hold Earnest Money Y N: Yes
  • Additional Owner Info: TOM LAIKEN
  • Designated Managing Broker Y N: Yes
  • Key Y N: No
  • Merc Manuf Sq Ft: 2940
  • Number Doors: 3
  • Assessor Parcel Number: 061005303046
  • Sprinkler Yn: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Walls: Drywall
  • Insulation: Unknown
  • Basement: Slab
  • Total Finished Sq Ft: 4180
  • Flooring: Tile, Other

Exterior Features

  • Exterior: Brick & Frame
  • Roof: Shingle

Garage/Parking

  • Parking: BACK AND STREET

Utilities

  • Sewer: City
  • Water: City
  • Water Heater: Electric
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Lot Info

  • Number Of Acres: 0.13

Building Info

  • Year Built: 1943

Tax Info

  • Year: 2023
  • Taxes: 1966

Multi Family

  • Lease: No

MLS Schools

  • School District: River Ridge
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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/27/2024 12/27/24 Sold $105,000 -25.0% $25 / Sq Ft
11/19/2024 11/19/24 Pending -- -- --
10/20/2024 10/20/24 For Sale $140,000 -- $33 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,842 $40,682 $4,188 $36,494
2024 $2,031 $28,035 $3,842 $24,193
2023 $2,031 $25,031 $3,430 $21,601
2022 $2,038 $25,031 $3,430 $21,601
2021 $2,116 $25,031 $3,430 $21,601
2020 $2,074 $24,438 $3,430 $21,008
2019 $2,149 $24,438 $3,430 $21,008
2018 $2,153 $24,438 $3,430 $21,008
2017 $2,133 $24,438 $3,430 $21,008
2016 $2,131 $24,611 $3,430 $21,181
2015 $2,114 $24,611 $3,430 $21,181
2014 $2,084 $24,611 $3,430 $21,181
2013 $2,084 $24,611 $3,430 $21,181
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202406024

NorthWest Illinois Alliance of REALTORS®

APN: 06-10-05-303-046

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