NOT LISTED FOR SALE

1699 W Morton Ave Jacksonville, IL 62650

Estimated Value: $316,357

-- Bed
-- Bath
4,800 Sq Ft
$66/Sq Ft Est. Value

Last Sold July 27, 2013

Last sale price $250,000 $52 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,348/month

About This Home

As of July 2013

-FORMALLY THE PULSE NIGHTCLUB:$295,000(Land Value) Building Size: ± 4,800 SF, Land Area: ± 1.03 Acres,Zoned: B-3, Limited Business District. 2011 Real Estate Taxes: $15,026.36 (Tax ID #s - 09-30-200-006 & 09-20-200-007). Traffic Count:W. Morton, 17,600 Daily, ± 276 Street Frontage. Located Between The Bank Of Springfield & OReilly Auto Parts: Building Amenities:2 Bars,Dance Floor,Band Stage, D.J. Station, Kitchen, 2 Walk-in Coolers, 2 Offices, Most Viable Retail Corridor in Jacksonville.

Last Agent to Sell the Property

Sam Nichols

True Commercial Real Estate License #471000181 Listed on: 09/25/2012

Last Buyer's Agent

Rich Hohmann

Hohmann Agency License #471006096

Property Details

Property Type

Other

Est. Annual Taxes

$8,162

Lot Details

0

Listing Details

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

Interior Features

  • Price Per Sq Ft: 52.08
  • Total Sq Ft: 4800

Lot Info

  • Zoning: B-3
  • Geo Subdivision: IL

Rental Info

  • Sale Lease Includes: Building, Land

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2012
Closed on
Jul 26, 2013
Sold by
Bills Regulator Ii Inc
Bought by
Tm & Jm Commercial Properties Llc
Seller's Agent
Sam Nichols
True Commercial Real Estate
Buyer's Agent
Rich Hohmann
Hohmann Agency
List Price
$425,000
Sold Price
$250,000
Premium/Discount to List
-$175,000
-41.18%
Current Estimated Value
$316,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,357
Avg. Annual Appreciation
1.93%
Original Mortgage
$250,000
Interest Rate
4.5%
Mortgage Type
Commercial
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
Tm & Jm Commercial Properties Llc $210,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Tm & Jm Commercial Properties Llc $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2013 07/27/13 Sold $250,000 -41.2% $52 / Sq Ft
07/27/2013 07/27/13 Pending -- -- --
09/25/2012 09/25/12 For Sale $425,000 -- $89 / 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 $8,162 $93,810 $49,610 $44,200
2023 $8,625 $91,490 $49,610 $41,880
2022 $8,717 $91,490 $49,610 $41,880
2021 $8,534 $91,490 $49,610 $41,880
2020 $9,219 $96,870 $57,060 $39,810
2019 $9,152 $96,870 $57,060 $39,810
2018 $7,759 $85,150 $53,660 $31,490
2017 $7,589 $85,150 $53,660 $31,490
2016 $7,301 $81,090 $51,100 $29,990
2015 $7,213 $78,730 $49,610 $29,120
2014 $7,213 $78,730 $49,610 $29,120
2013 $6,804 $78,730 $49,610 $29,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMACA125282

RMLS Alliance

APN: 09-30-200-007