NOT LISTED FOR SALE

1314 W Forrest Hill Ave Peoria, IL 61604

West Bluff Neighborhood

Estimated Value: $203,180

-- Bed
-- Bath
-- Sq Ft
0.3 Acres

About This Home

As of March 2016

Excellent commercial location near the corner of University and Forrest Hill (daily traffic count of 68,000). Remodeled office ideal for many uses like accountant, chiropractor, dentist, massage parlor, etc.

Last Agent to Rent the Property

Mark Rosenberg

Oakwood Real Estate License #471012524 Listed on: 11/05/2015

Last Renter's Agent

Mark Rosenberg

Oakwood Real Estate License #471012524 Listed on: 11/05/2015

Property Details

Property Type

  • Other

Year Built

  • Built in 1980

Lot Details

  • 0.3

Utilities

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

Listing and Financial Details

  • Tenant pays for internal maintenance, janitorial, trash, electric, water/sewer
  • The owner pays for real estate taxes, insurance

Property Details

Property Type

Other

Year Built

Built in 1980

Lot Details

0

Rental Info

  • Monthly Lease Rate: 1000
  • Lease Dollar Sq Ft: 12
  • Owner Pays: Real Estate Taxes, Insurance
  • Sale Lease Includes: Building
  • Tenant Pays: Internal Maintenance, Janitorial, Trash, Electric, Water/Sewer
  • Terms Lease: 3 Years

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Retail
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpeted
  • Maximum Ceiling Ht Feet: 8
  • Maximum Ceiling Ht Inch: 96
  • Total Building Sq Ft: 2936
  • Estimated Lot Sq Ft: 150x100

Exterior Features

  • Exterior Finish: Brick, Glass
  • Frontage Access: Paved 4Lane
  • Insulation: Party Walls, Side Walls
  • Roof Construction: Tar/Gravel
  • Wall Construction: Block, Brick

Garage/Parking

  • Numberparking Spaces Allocated: 6

Utilities

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

Lot Info

  • Estimated Number of Acres: 0.3
  • Zoning: COMMERCIAL
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 5500
  • Parcel Id Number Tax Id: 14-32-131-007
  • Tax Incentive: None
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2012
Bought by
Winston Edward and Cohen Jeff
Current Estimated Value
$203,180
Source: Public Records

Range of Values:

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Average Value
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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
Winston Edward $185,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2016 03/05/16 Rented $24,000 +2300.0% --
03/05/2016 03/05/16 Under Contract -- -- --
11/05/2015 11/05/15 For Rent $1,000 0.0% --
08/01/2013 08/01/13 Rented $1,000 -20.0% --
08/01/2013 08/01/13 Under Contract -- -- --
01/31/2013 01/31/13 For Rent $1,250 -96.5% --
08/07/2012 08/07/12 Rented $36,000 +3500.0% --
08/07/2012 08/07/12 Under Contract -- -- --
05/16/2012 05/16/12 For Rent $1,000 -- --
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 $6,466 $71,480 $36,740 $34,740
2023 $6,170 $65,580 $33,710 $31,870
2022 $6,230 $64,590 $33,000 $31,590
2021 $6,421 $64,590 $33,000 $31,590
2020 $6,472 $64,590 $33,000 $31,590
2019 -- $65,900 $33,670 $32,230
2018 -- $65,880 $33,660 $32,220
2017 $6,416 $66,550 $34,000 $32,550
2016 $6,236 $66,550 $34,000 $32,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAPA7032479

RMLS Alliance

APN: 14/32/131/007