NOT LISTED FOR SALE

1220 E Jackson Macomb, IL 61455

-- Bed
-- Bath
-- Sq Ft
0.49 Acres

Last Sold July 07, 2022

Last sale price $300,000

208 Days on Market

About This Home

As of July 2022

This commercial building located on Highway 67/136, East Jackson street has great potential! With nearly 1,800 sq/ft of space on the main level and a lower level of nearly 1,800 sq ft this property has the space for many uses! There is a good amount of parking on the back of the building, which can be accessed via the alleyway or off of East Jackson. This sale is 4 separate parcels, which is a total of 5 1/2 lots.

Last Agent to Sell the Property

Kenny Meyer

eXp Realty License #475191724 Listed on: 10/12/2021

eXp Realty

Last Buyer's Agent

Richard Westen

REMAX Aligned License #471019876

REMAX Aligned

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $7,357

Lot Details

  • 0.49

Property Details

Property Type

Other

Est. Annual Taxes

$7,357

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Bar/Tavern, Industrial, Investment, Office, Other, Restaurant, Retail, Warehouse
  • Lvt Date: 10/14/2021
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Other Access: None
  • Total Building Sq Ft: 3584

Exterior Features

  • Exterior Finish: Other Exterior Finish
  • Frontage Access: City Street, Paved 4Lane, State Road
  • Insulation: Unknown
  • Roof Construction: Membrane, Sloped
  • Wall Construction: Frame

Utilities

  • Cooling: None
  • Heating: None
  • Water Supply: City Available

Lot Info

  • Zoning: Commercial
  • Geo Subdivision: IL
  • Parcel 3: 11-200-655-00
  • Parcel 4: 11-200-656-00

Rental Info

  • Owner Pays: N/A
  • Sale Lease Includes: Building, Land
  • Tenant Pays: N/A
  • Terms Lease: 5 Years

Tax Info

  • Annual Taxes: 7356.78
  • Parcel Id Number Tax Id: 11-200-658-00
  • Tax Incentive: In City Limit
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2021
Closed on
Jun 6, 2022
Sold by
Triple H Investments Llc
Bought by
Amb Real Estate Holdings Llc
Seller's Agent
Kenny Meyer
eXp Realty
Buyer's Agent
Richard Westen
REMAX Aligned
List Price
$340,000
Sold Price
$300,000
Premium/Discount to List
-$40,000
-11.76%

Purchase Details

Listed on
Jan 9, 2014
Closed on
Dec 1, 2014
Sold by
Skyline 53 Quick Lube Lp
Bought by
Triple H Investments Llc
Seller's Agent
Nick Curtis
REMAX Aligned
Buyer's Agent
PAAR-NON RMLSA AGENT
Non-MLS
List Price
$275,000
Sold Price
$175,000
Premium/Discount to List
-$100,000
-36.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.35%

Purchase Details

Closed on
Nov 17, 2006
Sold by
Speed Lube Llc
Bought by
Skyline 53 Quick Lube Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,450,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
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
Amb Real Estate Holdings Llc $300,000 None Listed On Document
Triple H Investments Llc $175,000 None Available
Skyline 53 Quick Lube Lp $452,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Skyline 53 Quick Lube Lp $4,450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/07/2022 07/07/22 Sold $300,000 -11.8% --
05/08/2022 05/08/22 Pending -- -- --
10/12/2021 10/12/21 For Sale $340,000 +94.3% --
12/03/2014 12/03/14 Sold $175,000 -36.4% -- View Prior Sale
11/10/2014 11/10/14 Pending -- -- --
01/09/2014 01/09/14 For Sale $275,000 -- --
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 $6,444 $56,012 $18,244 $37,768
2023 $6,707 $53,682 $17,485 $36,197
2022 $6,344 $53,682 $17,485 $36,197
2021 $6,086 $53,682 $17,485 $36,197
2020 $6,026 $71,167 $17,485 $53,682
2019 $5,663 $52,000 $17,968 $34,032
2018 $5,418 $52,000 $17,968 $34,032
2017 $5,285 $52,000 $17,968 $34,032
2016 $8,233 $83,449 $17,968 $65,481
2015 $8,293 $83,449 $17,968 $65,481
2014 $8,268 $83,449 $17,968 $65,481
2013 $7,890 $83,449 $17,968 $65,481
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: PA1229607

RMLS Alliance

APN: 11-200-658-00