NOT LISTED FOR SALE

12801 N State Route 40 Dunlap, IL 61525

Estimated Value: $275,700

-- Bed
-- Bath
-- Sq Ft
3.74 Acres

Last Sold December 15, 2016

Last sale price $210,000

Est. 31% increase in value since last sale

Current estimated payment $1,752/month

71 Days on Market

About This Home

As of December 2016

Commercially zoned 3.74 acres on N Knoxville (Rt 40) and Cedar Hills Drive. Includes two out buildings: 1,600 SF w/ 16' ceiling garage for RV and classic cars, and 1,056 SF block building. 469' frontage on N Knoxville, great visibility and access, located adjacent to Sutton Carpet Store. Listing price does not include income from cell tower (located at back corner of property), which can be purchased for additional $.

Last Agent to Sell the Property

Bob Howard

RE/MAX Traders Unlimited License #471019772 Listed on: 09/12/2016

RE/MAX Traders Unlimited

Last Buyer's Agent

Mike O'Bryan

RE/MAX Traders Unlimited License #471006473

RE/MAX Traders Unlimited

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,380

Lot Details

  • 3.74

Property Details

Property Type

Other

Est. Annual Taxes

$2,380

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Land & Farm
  • Lvt Date: 09/12/2016
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Other Access: None
  • Estimated Lot Sq Ft: 469 x 594 x 318 x 334

Exterior Features

  • Frontage Access: Paved 2Lane

Utilities

  • Utilities On-site: Electric, Gas
  • Water Supply: None

Lot Info

  • Estimated Number of Acres: 3.74
  • Zoning: C-2
  • Easements Restrictions: Unknown
  • Farm Residence: None
  • Land Description: Level
  • Property Type Use: Commercial, Industrial, Residential
  • Geo Subdivision: IL
  • Fenced F: No

Rental Info

  • Lease Info: Unleased
  • Lease Type: Gross
  • Tenant Farming Agmt F: No
  • Ten Farm Agrmt Is Signed: No

Tax Info

  • Annual Taxes: 2380
  • Parcel Id Number Tax Id: 0918476016
  • Tax Incentive: None
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2016
Closed on
Dec 12, 2016
Sold by
Sills Earl J and Sills Barbara
Bought by
Rhee Benjamin
Seller's Agent
Bob Howard
RE/MAX Traders Unlimited
Buyer's Agent
Mike O'Bryan
RE/MAX Traders Unlimited
List Price
$225,000
Sold Price
$210,000
Premium/Discount to List
-$15,000
-6.67%
Current Estimated Value
$275,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,700
Avg. Annual Appreciation
3.25%
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
Rhee Benjamin $210,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ld Acquisition Company 17 Llc $125,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2016 12/15/16 Sold $210,000 -6.7% --
11/22/2016 11/22/16 Pending -- -- --
09/12/2016 09/12/16 For Sale $225,000 -- --
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 $2,607 $35,040 $21,820 $13,220
2023 $2,401 $32,150 $20,020 $12,130
2022 $2,329 $30,790 $19,420 $11,370
2021 $2,362 $30,790 $19,420 $11,370
2020 $2,380 $30,790 $19,420 $11,370
2019 $2,386 $31,420 $19,820 $11,600
2018 $2,353 $31,400 $19,810 $11,590
2017 $2,397 $31,720 $20,010 $11,710
2016 $2,380 $31,720 $20,010 $11,710
2015 $2,155 $31,100 $19,620 $11,480
2014 $2,149 $30,380 $19,160 $11,220
2013 -- $30,380 $19,160 $11,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAPA7032783

RMLS Alliance

APN: 09-18-476-016