NOT LISTED FOR SALE

120 N Broad St Galesburg, IL 61401

Estimated Value: $749,266

-- Bed
-- Bath
-- Sq Ft
1.17 Acres

Last Sold August 12, 2020

Last sale price $200,000

Est. 275% increase in value since last sale

Current estimated payment $4,617/month

About This Home

As of August 2020

This multi-use commercial facility located in downtown Galesburg lends itself well to retail, office, automobile or motorcycle dealerships, and storage applications. Equipped with reception area, showroom space, warehouse area and restrooms.

Last Agent to Sell the Property

Chuck Ross

Mel Foster Co. Galesburg License #471017532 Listed on: 03/20/2020

Mel Foster Co. Galesburg

Last Buyer's Agent

Chuck Ross

Mel Foster Co. Galesburg License #471017532 Listed on: 03/20/2020

Mel Foster Co. Galesburg

Property Details

Property Type

  • Other

Year Built

  • Built in 1948

Lot Details

  • 1.17

Utilities

  • Forced Air Heating and Cooling System
  • Partial Air Conditioning Available
  • Radiant Ceiling
  • Heating System Uses Gas

Property Details

Property Type

Other

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Industrial, Office, Other, Warehouse
  • Lvt Date: 03/26/2020
  • Year Built: 1948
  • Flood Insurance: Unknown
  • Three Phase: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete, Other Flooring
  • Maximum Ceiling Ht Feet: 20
  • Min Ceiling Ht Feet: 12
  • Total Building Sq Ft: 13745
  • Estimated Lot Sq Ft: 51188

Exterior Features

  • Exterior Finish: Block, Brick, Stucco
  • Frontage Access: Paved 2Lane, Corner Lot
  • Insulation: Unknown
  • Roof Construction: Metal, Other Roof Construction, Sloped
  • Wall Construction: Block, Brick, Masonry

Garage/Parking

  • Numberparking Spaces Allocated: 60

Utilities

  • Electric Company: Ameren Illinois
  • Cooling: Central Air, Office Only, Partial
  • Heating: Forced Air, Gas, Individual Units, Other Heating, Radiant Ceiling
  • Water Supply: Municipal/City
  • Gas Company: Ameren Illinois
  • Water Company: City of Galesburg

Lot Info

  • Estimated Number of Acres: 1.17
  • Zoning: B-3
  • Geo Subdivision: IL

Rental Info

  • Sale Lease Includes: Building, Land

Tax Info

  • Annual Taxes: 12331.58
  • Parcel Id Number Tax Id: 9910456008
  • Tax Incentive: Enterprize Zone, TIF District
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2012
Sold by
Klinck Jeffrey D
Bought by
Ameren Illinois Co
Current Estimated Value
$749,266
Source: Public Records

Range of Values:

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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
Ameren Illinois Co $355,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2020 08/12/20 Sold $200,000 -20.0% --
08/12/2020 08/12/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $250,000 0.0% --
04/07/2020 04/07/20 Pending -- -- --
03/20/2020 03/20/20 For Sale $250,000 -- --
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 $6,790 $73,180 $41,170 $32,010
2023 $6,790 $70,850 $39,860 $30,990
2022 $6,715 $70,850 $39,860 $30,990
2021 $6,504 $66,840 $37,600 $29,240
2020 $12,234 $123,700 $36,760 $86,940
2019 $12,332 $123,700 $36,760 $86,940
2018 $11,932 $120,100 $35,690 $84,410
2017 $12,032 $120,100 $35,690 $84,410
2015 -- $118,320 $35,160 $83,160
2013 $9,056 $119,520 $35,520 $84,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMACA998851

RMLS Alliance

APN: 99-10-456-008