NOT LISTED FOR SALE
Studio
-- Bath
-- Sq Ft
212,573 Sq Ft Lot

Sale Details

Date Sold: September 28, 2012

Last sale price $1,100,000

626 Days on Market

About This Home

As of September 2012

New Lower Price!!!! **Seller offers the following options: **A. $900,000 for 18,000 SF finished area. Previous owner spent $1,900,000 when renovating this space in 2005. **B. $400,000 for 10,120 SF unfinished area. **C. $100,000 for undeveloped land at SE corner of site - Perfect for 2-3 rental units. *Interior Photos attached along w/ Parking Layout, Bldg Sketch, Sketch of finished area & Plat. All or Part of the bldg is available for either purchase or lease. Appraised value 10/2007 was $2,750,000.

Last Agent to Sell the Property

Brent Glassey

Glassey Properties License #471.003494 Listed on: 12/11/2010

Last Buyer's Agent

Brent Glassey

Glassey Properties License #471.003494 Listed on: 12/11/2010

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $34,861

Year Built

  • Built in 1972

Lot Details

  • 4.88

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for all

Property Details

Property Type

Other

Est. Annual Taxes

$34,861

Year Built

Built in 1972

Lot Details

4.88 Acres

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office
  • Year Built: 1972
  • Handicap Modified: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Total Building Sq Ft: 28785
  • Estimated Lot Sq Ft: 4.88 Acres

Exterior Features

  • Exterior Finish: Concrete
  • Frontage Access: Inside Lot
  • Insulation: Unknown
  • Roof Construction: Comp Roll
  • Wall Construction: Block

Garage/Parking

  • Numberparking Spaces Allocated: 161

Utilities

  • Cooling: Central Air
  • Heating: Gas
  • Security System: Yes

Lot Info

  • Estimated Number of Acres: 4.88
  • Zoning: B-1
  • Geo Subdivision: IL

Rental Info

  • Lease Type: Net
  • Owner Pays: None
  • Sale Lease Includes: Building, Land
  • Tenant Pays: All
  • Terms Lease: Other Term/Lease

Tax Info

  • Annual Taxes: 34861
  • Parcel Id Number Tax Id: 04-04-36-328-008
  • Tax Incentive: None
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2010
Closed on
Sep 28, 2012
Sold by
Clanahan Todd H
Bought by
Farmers Automobile Management Corporatio and Farmers Automobile Insurance Association
Seller's Agent
Brent Glassey
Glassey Properties
Buyer's Agent
Brent Glassey
Glassey Properties
List Price
$2,750,000
Sold Price
$1,100,000
Premium/Discount to List
-$1,650,000
-60%

Purchase Details

Closed on
Jun 1, 2007
Sold by
Clanahan Todd H
Bought by
Clanahan Todd H and Dthc Properties Land Trust

Purchase Details

Closed on
Sep 30, 2005
Sold by
Spitzer Arthur Travis
Bought by
Clanahan Todd H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$970,000
Interest Rate
5.83%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 29, 2005
Sold by
Nasch Trust
Bought by
Nasch Anthony Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$970,000
Interest Rate
5.83%
Mortgage Type
Construction
Source: Public Records
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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
Farmers Automobile Management Corporatio $1,100,000 Chicago Title
Clanahan Todd H -- None Available
Clanahan Todd H -- --
Clanahan Todd H -- --
Clanahan Todd H $62,500 --
Nasch Anthony Craig $437,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clanahan Todd H $970,000
Previous Owner Nasch Anthony Craig $970,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2012 09/28/12 Sold $1,100,000 -60.0% --
08/28/2012 08/28/12 Pending -- -- --
12/11/2010 12/11/10 For Sale $2,750,000 -- --
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
2025 $72,582 $870,810 $263,930 $606,880
2024 $68,971 $810,730 $245,720 $565,010
2023 $68,971 $752,830 $228,170 $524,660
2022 $64,871 $702,010 $212,770 $489,240
2021 $62,430 $675,010 $204,590 $470,420
2020 $61,871 $675,010 $204,590 $470,420
2019 $61,005 $675,010 $204,590 $470,420
2018 $59,447 $675,010 $204,590 $470,420
2017 $58,057 $676,920 $204,690 $472,230
2016 $56,900 $663,570 $200,650 $462,920
2015 $55,278 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAPA7024179

RMLS Alliance

APN: 04-04-36-328-013

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