NOT LISTED FOR SALE

1517 E 5th St Metropolis, IL 62960

Estimated Value: $241,080

1.64 Acres
$146,910 Price per Acre
71,482 Sq Ft Lot

Last Sold December 27, 2024

Last sale price $240,000

Current estimated payment $1,793/month

278 Days on Market

About This Lot

As of December 2024

Attention Investors! Prime commercial opportunity awaits on this 1.64-acre tract along US Route 45 in Massac County. Zoned for commercial use and situated in an enterprise zone, this location offers exceptional potential. Enjoy high visibility with 208 ft of road frontage across from Fort Massac State Park. With a heavily traveled road boasting 7,800 vehicles/day per IDOT, your business will thrive. Infrastructure includes an 8" sewer main, 4" water main, and 3-phase power, plus two entrances off US Route 45. Don't miss out on this lucrative investment – inquire today!

Last Listed By

Kimberly Wilkins

RE/MAX ADVANTAGE Brokerage Phone: 618-524-4777 License #471020705 Listed on: 11/25/2023

RE/MAX ADVANTAGE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,483

Lot Details

  • 1.64 Acre Lot
  • Lot Dimensions are 135.9x345.4x208.0x171.6
  • Level Lot

Schools

  • Massac Unit 1 Elementary And Middle School
  • Massac Unit 1 High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 08-01-454-009

Property Details

Property Type

Land

Est. Annual Taxes

$5,483

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Lots & Land
  • Attribution Contact: Phone: 618-524-4777
  • Special Features: None

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • 100YearPlain: Unknown

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Water Source: Sewer Not Connected, Water Not Connected

Condo/Co-op/Association

  • MandatoryAssocMonthlyFeeYN: No
  • MandatoryAssocAnnualFeeYN: No

Schools

  • Elementary School: Massac Unit 1
  • High School: Massac Unit 1
  • Middle Or Junior School: Massac Unit 1

Lot Info

  • Zoning: Commercial
  • Lot Size Acres: 1.641
  • Lot Size: 135.9x345.4x208.0x171.6
  • Parcel #: 08-01-454-009

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5385.18
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2023
Closed on
Dec 27, 2024
Sold by
Tope Dane
Bought by
Rural Health Inc
Seller's Agent
Kimberly Wilkins
RE/MAX ADVANTAGE
Buyer's Agent
Kimberly Wilkins
RE/MAX ADVANTAGE
List Price
$255,000
Sold Price
$240,000
Premium/Discount to List
-$15,000
-5.88%
Total Days on Market
278
Views
39
Current Estimated Value
$241,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,080
Avg. Annual Appreciation
1.23%

Purchase Details

Listed on
Jun 15, 2020
Closed on
May 28, 2021
Sold by
Stallings Betty and Stallings John
Bought by
Tope Dane
Seller's Agent
Kimberly Wilkins
RE/MAX ADVANTAGE
Buyer's Agent
Kimberly Wilkins
RE/MAX ADVANTAGE
List Price
$248,000
Sold Price
$190,000
Premium/Discount to List
-$58,000
-23.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.72%

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
Rural Health Inc $160,000 None Listed On Document
Rural Health Inc $160,000 None Listed On Document
Tope Dane $190,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stallings John $61,981
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2024 12/27/24 Sold $240,000 -5.9% --
11/25/2023 11/25/23 For Sale $255,000 +34.2% --
05/28/2021 05/28/21 Sold $190,000 -20.2% --
04/16/2021 04/16/21 Pending -- -- --
11/02/2020 11/02/20 Price Changed $238,000 -4.0% --
06/15/2020 06/15/20 For Sale $248,000 -- --
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
2023 $5,483 $60,000 $60,000 $0
2022 $5,385 $60,000 $60,000 $0
2021 $5,340 $60,000 $60,000 $0
2020 $2,908 $30,000 $30,000 $0
2019 $2,578 $29,436 $29,436 $0
2018 $2,556 $30,000 $30,000 $0
2017 $2,646 $30,000 $30,000 $0
2016 $2,441 $29,313 $29,313 $0
2015 $2,424 $30,000 $30,000 $0
2014 $2,424 $30,000 $30,000 $0
2013 $3,461 $30,000 $30,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: EB451453

RMLS Alliance

APN: 08-01-454-009