NOT LISTED FOR SALE

1500 W Jefferson St Morton, IL 61550

Estimated Value: $2,794,327

-- Bed
-- Bath
-- Sq Ft
9.5 Acres

Last Sold April 15, 2021

Last sale price $2,100,000

Est. 33% increase in value since last sale

Current estimated payment $19,769/month

90 Days on Market

About This Home

As of April 2021

Excellent manufacturing, warehouse, or distribution facility with tremendous interstate visibility. Available for Sale of Lease, 2 buildings. Building 1 - 41,500 sq ft. includes 4,000 sq ft. premium office space. 37,500 sq ft. of clean span warehouse with 22-30 foot ceilings. Building 2 - 13,000 sq ft. storage building. 9.5+ acres allows for plenty of warehouse expansion capability.

Last Agent to Sell the Property

Chad Joos

Joos Realty Company License #471010011 Listed on: 07/15/2020

Last Buyer's Agent

Justin Ferrill

Coldwell Banker Real Estate Group License #475132056

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $30,116

Year Built

  • Built in 2005

Lot Details

  • 9.5

Utilities

  • Forced Air Heating and Cooling System

Property Details

Property Type

Other

Est. Annual Taxes

$30,116

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Industrial
  • Lvt Date: 07/22/2020
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Maximum Ceiling Ht Feet: 30
  • Min Ceiling Ht Feet: 22
  • Total Building Sq Ft: 54000

Exterior Features

  • Exterior Finish: Concrete, Steel
  • Frontage Access: Paved 2Lane
  • Insulation: Floors, Roof, Side Walls
  • Roof Construction: Metal
  • Wall Construction: Masonry, Steel/ST Fram

Utilities

  • Cooling: Central Air, Office Only
  • Heating: Forced Air
  • Sprinkler: Yes

Lot Info

  • Estimated Number of Acres: 9.5
  • Zoning: I-1
  • Geo Subdivision: IL

Rental Info

  • Lease Dollar Sq Ft: 5
  • Lease Type: Net
  • Terms Lease: Other Term/Lease

Tax Info

  • Annual Taxes: 30116.12
  • Parcel Id Number Tax Id: 06-06-18-208-007
  • Tax Incentive: None
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2020
Closed on
Apr 18, 2021
Sold by
Young Jerry V and Young Joanna L
Bought by
Everest Properties Of Illinois Llc
Seller's Agent
Chad Joos
Joos Realty Company
Buyer's Agent
Justin Ferrill
Coldwell Banker Real Estate Group
List Price
$2,700,000
Sold Price
$2,100,000
Premium/Discount to List
-$600,000
-22.22%
Current Estimated Value
$2,794,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$694,327
Avg. Annual Appreciation
6.42%
Original Mortgage
$2,100,000
Interest Rate
3.75%
Mortgage Type
Construction

Purchase Details

Listed on
Jul 15, 2020
Closed on
Apr 15, 2021
Sold by
Young Jerry V and Young Joanna L
Bought by
Everest Properties Of Illinois Llc
Seller's Agent
Chad Joos
Joos Realty Company
Buyer's Agent
Justin Ferrill
Coldwell Banker Real Estate Group
List Price
$2,700,000
Sold Price
$2,100,000
Premium/Discount to List
-$600,000
-22.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Interest Rate
3.75%
Mortgage Type
Construction

Purchase Details

Listed on
Jul 15, 2020
Closed on
Mar 26, 2021
Sold by
Young Jerry V and Young Joanna L
Bought by
Schmidt Carrie Sue
Seller's Agent
Chad Joos
Joos Realty Company
Buyer's Agent
Justin Ferrill
Coldwell Banker Real Estate Group
List Price
$2,700,000
Sold Price
$2,100,000
Premium/Discount to List
-$600,000
-22.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Interest Rate
3.75%
Mortgage Type
Construction
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
Everest Properties Of Illinois Llc $2,100,000 Williams Williams
Everest Properties Of Illinois Llc $2,100,000 Attorney
Schmidt Carrie Sue -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Everest Properties Of Illinois Llc $2,100,000
Closed Everest Properties Of Illinois Llc $2,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2021 04/15/21 Sold $2,100,000 -22.2% --
07/15/2020 07/15/20 For Sale $2,700,000 -- --
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 $60,492 $885,400 $67,320 $818,080
2023 $60,492 $824,870 $62,730 $762,140
2022 $49,024 $634,820 $57,670 $577,150
2021 $47,151 $610,350 $55,400 $554,950
2020 $30,206 $399,360 $21,150 $378,210
2019 $30,116 $399,240 $21,030 $378,210
2018 $29,557 $399,140 $20,930 $378,210
2017 $28,788 $380,460 $18,120 $362,340
2016 $28,229 $380,460 $18,120 $362,340
2015 $27,246 $0 $0 $0
2013 $26,961 $380,460 $18,120 $362,340
Source: Public Records

Agents Affiliated with this Home

  • Chad Joos

    Seller's Agent in 2021

    Chad Joos

    Joos Realty Company

    (309) 696-2863

    2 in this area

    21 Total Sales

    Chad Joos
    Section Image

  • J

    Buyer's Agent in 2021

    Justin Ferrill

    Coldwell Banker Real Estate Group

See All Agents

Map

Source: RMLS Alliance

MLS Number: PA1217147

RMLS Alliance

APN: 06-06-18-208-007

Illinois Tazewell County Morton 61550

1500 W Jefferson St, Morton, IL

Not Listed for Sale

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