NOT LISTED FOR SALE

121 N 13th St Herrin, IL 62948

Studio
-- Bath
-- Sq Ft
0.32 Acres

About This Home

As of September 2016

Investors take notice of this exceptional value. The Professional Building in Herrin is now for sale. Fantastic opportunity. This building features 10 Office Suites complete with reception area, offices, bathroom and kitchen area. 8 suite have multiple rooms, Receptions area and baths. 2 Smaller Office areas with reception area, office and bathroom. This could be the perfect opportunity for an individual to aquire office space and pay for the mortgage from additional leases. High quality construction, professional building in a great location. Plenty of parking. Priced well below appraised value, this is a great income producing property.Disclosure: NA

Last Agent to Rent the Property

Jerry Beasley

RE/MAX ABOVE & BEYOND Listed on: 08/29/2016

Co-Listed By

Brent Beasley

RE/MAX ABOVE & BEYOND

Last Renter's Agent

CHERYL RUZICH

Pisoni Real Estate License #471004529

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $7,286

Year Built

  • Built in 1930

Lot Details

  • 0.32

Utilities

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

Property Details

Property Type

Other

Est. Annual Taxes

$7,286

Year Built

Built in 1930

Lot Details

0

Rental Info

  • Sale Lease Includes: Inventory, Sale/Lease Other

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Investment
  • Legal Description: Bldg, equip and owned furniture
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpeted, Tile/Vinyl, Wood
  • Half Basement: No Basement
  • Total Sq Ft: 9600

Exterior Features

  • Exterior Finish: Stucco
  • Roof Construction: Rolled
  • Construction: Brick

Garage/Parking

  • Numberparking Spaces Allocated: 52

Utilities

  • Electric Company: Ameran
  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Water Supply: Municipal/City
  • Gas Company: Ameran
  • Water Company: Herrin
  • Electric: Other

Association/Amenities

  • Additional Amenities: Emergency Lights, Smoke Detector
  • Amenities: Other Amenities

Lot Info

  • Estimated Number of Acres: 0.32
  • Zoning: Business
  • Estimated Land Size: 140 x 100
  • Geo Subdivision: IL
  • Irregular Lot: No
  • Property Use: Outlet Center

Tax Info

  • Annual Taxes: 7286
  • Parcel Id Number Tax Id: 0219487015
  • Tax Incentive: None
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2020
Sold by
Cull Investments Llc
Bought by
Professional Office Suites Llc
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
Professional Office Suites Llc $96,500 Craig And Bartelsmeyer Pc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2016 09/30/16 Rented $225,000 -13.5% --
09/15/2016 09/15/16 Under Contract -- -- --
08/29/2016 08/29/16 For Rent $260,000 -- --
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
2025 $8,847 $101,730 $10,290 $91,440
2024 $8,847 $101,730 $10,290 $91,440
2023 $8,847 $101,730 $10,290 $91,440
2022 $7,665 $89,630 $9,070 $80,560
2021 $7,454 $86,390 $8,740 $77,650
2020 $7,454 $81,630 $8,260 $73,370
2019 $6,937 $81,630 $8,260 $73,370
2018 $6,937 $81,630 $8,260 $73,370
2017 $6,781 $81,630 $8,260 $73,370
2015 $6,483 $77,320 $7,820 $69,500
2013 $5,044 $77,320 $7,820 $69,500
2012 $5,044 $77,320 $7,820 $69,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAEB408538

RMLS Alliance

APN: 02-19-487-015