NOT LISTED FOR SALE

127 E Carroll St Macomb, IL 61455

Estimated Value: $135,942

-- Bed
-- Bath
-- Sq Ft
6,534 Sq Ft Lot

Last Sold July 22, 2022

Last sale price $140,000

Est. 3% decrease in value since last sale

Current estimated payment $854/month

About This Home

As of July 2022

Event space opportunity. This former restaurant located downtown Macomb IL has just over 13,000 sq ft of space on two levels. The main level has a large open dining area with tall original tin ceilings, bar area with beautiful antique back bar and mezzanine level with views of the main level. The main level also has a commercial kitchen, with 1245 sq ft of space, large walk-in cooler, two walk-in freezers, and 16x13 dish room. The kitchen has a freight elevator to move equipment/food to the upper level of the building that has a prep kitchen that services two banquet rooms, both beautifully decorated, and have entertained parties of 300 guest in the past. This building has endless potential for parties of 20 to 600 or more and with private rooms to do multiple venues at one time. The building also has a full basement with lots of storage that is accessible by the freight elevator, and this is all located in historic downtown Macomb, overlooking Chandler Park. Home of Western IL Univers

Last Agent to Sell the Property

Steve Silberer

C21 Purdum-Epperson Inc License #471004172 Listed on: 05/13/2022

Last Buyer's Agent

Steve Silberer

C21 Purdum-Epperson Inc License #471004172 Listed on: 05/13/2022

Property Details

Property Type

  • Other

Year Built

  • Built in 1900

Lot Details

  • 6,534

Utilities

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

Listing and Financial Details

  • The owner pays for all

Property Details

Property Type

Other

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Restaurant
  • Lvt Date: 07/25/2022
  • Year Built: 1900
  • Handicap Modified: Yes
  • Bar: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpeted, Tile/Vinyl, Wood
  • Gaming Room Area: No
  • Kitchen Sq Ft Or Percent R: 1250
  • Total Building Sq Ft: 13598

Exterior Features

  • Exterior Finish: Brick
  • Frontage Access: City Street
  • Insulation: Unknown
  • Roof Construction: Flat, Membrane
  • Wall Construction: Brick
  • Outdoor Dining Patio R: No
  • Seating Area Sqft Or Percent R: 13000

Utilities

  • Cooling: Central Air, Individual Units
  • Heating: Forced Air, Gas, Individual Units
  • Sprinkler: Yes
  • Water Supply: Municipal/City

Lot Info

  • Zoning: B2
  • Geo Subdivision: IL
  • Irregular Lot: Yes

Rental Info

  • Owner Pays: All
  • Sale Lease Includes: Building, Inventory
  • Tenant Pays: N/A
  • Terms Lease: N/A

Tax Info

  • Annual Taxes: 8273.76
  • Parcel Id Number Tax Id: 11-100-177-05
  • Tax Incentive: In City Limit, None
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2022
Closed on
Jul 19, 2022
Sold by
Hamilton Todd A
Bought by
Cambridge Property Group Inc
Seller's Agent
Steve Silberer
C21 Purdum-Epperson Inc
Buyer's Agent
Steve Silberer
C21 Purdum-Epperson Inc
List Price
$140,000
Sold Price
$140,000
Current Estimated Value
$135,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,058

Purchase Details

Listed on
Aug 14, 2012
Closed on
Mar 18, 2013
Sold by
John Deborah K
Bought by
Hamilton Todd A
Seller's Agent
Lorraine Epperson
C21 Purdum-Epperson Inc
Buyer's Agent
Steve Silberer
C21 Purdum-Epperson Inc
List Price
$325,000
Sold Price
$225,000
Premium/Discount to List
-$100,000
-30.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.95%
Original Mortgage
$225,000
Interest Rate
3.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 8, 2012
Sold by
Hcward Linda
Bought by
John Deborah K

Purchase Details

Closed on
Sep 10, 2009
Sold by
John Deborah K
Bought by
Howard Linda

Purchase Details

Closed on
Jul 22, 2008
Sold by
Brown Leroy H and Brown Patricia
Bought by
John Deborah K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Interest Rate
6.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 24, 2007
Sold by
Brown Bruce A
Bought by
Brwon Leroy
Source: Public Records

Range of Values:

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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
Cambridge Property Group Inc -- None Listed On Document
Hamilton Todd A $225,000 None Available
John Deborah K -- None Available
Howard Linda -- None Available
John Deborah K $432,000 None Available
Brwon Leroy $741,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hamilton Todd A $225,000
Previous Owner John Deborah K $218,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2022 07/22/22 Sold $140,000 0.0% --
05/13/2022 05/13/22 Pending -- -- --
05/13/2022 05/13/22 For Sale $140,000 -37.8% --
03/20/2013 03/20/13 Sold $225,000 -30.8% --
01/23/2013 01/23/13 Pending -- -- --
08/14/2012 08/14/12 For Sale $325,000 -- --
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
2021 $8,274 $72,975 $15,801 $57,174
2020 $8,191 $72,975 $15,801 $57,174
2019 $8,166 $74,992 $16,238 $58,754
2018 $7,814 $74,992 $16,238 $58,754
2017 $7,622 $74,993 $16,238 $58,755
2016 $7,399 $74,993 $16,238 $58,755
2015 $7,452 $74,993 $16,238 $58,755
2014 $7,431 $74,993 $16,238 $58,755
2013 $9,237 $97,693 $16,238 $81,455
Source: Public Records

Agents Affiliated with this Home

  • Steve Silberer

    Seller's Agent in 2022

    Steve Silberer

    C21 Purdum-Epperson Inc

    (309) 255-3968

    368 Total Sales

    Steve Silberer
    Section Image
  • Lorraine Epperson

    Seller's Agent in 2013

    Lorraine Epperson

    C21 Purdum-Epperson Inc

    (309) 833-4579

    95 Total Sales

    Lorraine Epperson
    Section Image
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Map

Source: RMLS Alliance

MLS Number: PA1236335

RMLS Alliance

APN: 11-100-177-05

Illinois Mcdonough County Macomb 61455

127 E Carroll St, Macomb, IL

This home is located at 127 E Carroll St, Macomb, IL 61455 since 13 May 2022 and is currently priced at $135,942. This property was built in 1900. 127 E Carroll St is a home located in McDonough County with nearby schools including Lincoln Elementary School, Edison Elementary School, and Macomb Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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