NOT LISTED FOR SALE

1622 S Macarthur Blvd Springfield, IL 62704

-- Bed
-- Bath
67,760 Sq Ft
1.56 Acres

Last Sold June 30, 2022

Last sale price $165,000 $2 Per Sq Ft

137 Days on Market

About This Home

As of June 2022

Unique redevelopment opportunity on S. MacArthur. Property consists of 30,000 SF building, a 3,200 SF building and a large parking lot to the east on State St. Site totals 67,740 SF. Multiple parcels included in the sale. Excellent corner in a redeveloping area of MacArthur. New additions to the neighborhood include Hy-Vee, Pieâs the Limit, Starcrest Cleaners and Dollar General. Other nearby neighbors include Walgreenâs, D&J Café, Baskin Robbins among other established retail businesses and neighborhoods. **1636 S. MacArthur (3,200 sf building and grass lots to the east) can be purchased separately for $150,000.**

Last Agent to Sell the Property

Curtis Tillett

The Real Estate Group, Inc. License #475089421 Listed on: 01/01/2022

The Real Estate Group, Inc.

Last Buyer's Agent

Curtis Tillett

The Real Estate Group, Inc. License #475089421 Listed on: 01/01/2022

The Real Estate Group, Inc.

Property Details

Property Type

Other

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Land & Farm
  • Lvt Date: 02/14/2022
  • Special Features: None
  • Property Sub Type: Other

Utilities

  • Utilities On-site: Electric, Gas, Sewer, Water
  • Water Supply: City on Premises

Lot Info

  • Estimated Number of Acres: 1.56
  • Zoning: Multiple
  • Easements Restrictions: Unknown
  • Land Description: Level, Other Land Description
  • Property Type Use: Commercial
  • Geo Subdivision: IL

Tax Info

  • Parcel Id Number Tax Id: 22040110003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2022
Closed on
Jun 29, 2022
Sold by
Lady Of America Inc
Bought by
Cehog I Llc
Seller's Agent
Curtis Tillett
The Real Estate Group, Inc.
Buyer's Agent
Curtis Tillett
The Real Estate Group, Inc.
List Price
$399,000
Sold Price
$165,000
Premium/Discount to List
-$234,000
-58.65%

Purchase Details

Closed on
Feb 27, 2012

Purchase Details

Closed on
Oct 21, 2011
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cehog I Llc $165,000 Fernandes David A
-- -- --
-- $916,600 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2022 06/30/22 Sold $165,000 -58.6% $2 / Sq Ft
05/18/2022 05/18/22 Pending -- -- --
01/01/2022 01/01/22 For Sale $399,000 -- $6 / Sq Ft
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 $2,276 $27,100 $3,284 $23,816
2023 $974 $11,015 $4,014 $7,001
2022 $24,272 $270,868 $54,644 $216,224
2021 $23,468 $260,726 $52,598 $208,128
2020 $23,001 $261,118 $52,677 $208,441
2019 $22,574 $260,207 $52,493 $207,714
2018 $24,174 $286,105 $52,265 $233,840
2017 $23,673 $282,405 $51,589 $230,816
2016 $23,208 $278,287 $50,837 $227,450
2015 $22,983 $274,960 $50,229 $224,731
2014 $22,639 $273,185 $49,905 $223,280
2013 $22,134 $273,185 $49,905 $223,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1012420

RMLS Alliance

APN: 22-04.0-110-003