NOT LISTED FOR SALE

1711 W Morton Ave Jacksonville, IL 62650

Estimated Value: $808,297

-- Bed
-- Bath
32,000 Sq Ft
$25/Sq Ft Est. Value

Last Sold July 18, 2022

Last sale price $650,000 $20 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,848/month

About This Home

As of July 2022

FOR SALE. 1.95 acre property along W. Morton Ave. High Traffic – High Exposure 24/7/365. Huge Traffic! Excellent Retail or Commercial/Warehouse Location in the Center of Morton Ave in Jacksonville Il. Business I-72; IL Hwy 104; Business US 67. Former Slumberland location. 19400 Sq feet of open retail space. Office area, break room and restrooms. 8400 Sq foot warehouse with loading area. This is a Super location with ample parking and room to expand parking if needed.

Last Agent to Sell the Property

Scott Eoff

RE/MAX Results Plus License #471007845 Listed on: 08/26/2021

RE/MAX Results Plus

Last Buyer's Agent

Debra Sarsany

The Real Estate Group, Inc. License #475118739

The Real Estate Group, Inc.

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $25,628

Lot Details

  • 1.95

Utilities

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

Property Details

Property Type

Other

Est. Annual Taxes

$25,628

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Retail, Warehouse
  • Lvt Date: 08/26/2021
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete, Carpeted
  • Total Building Sq Ft: 19800

Exterior Features

  • Exterior Finish: Aluminum, Stucco
  • Frontage Access: Paved 4Lane
  • Insulation: Other Insulation, Side Walls
  • Roof Construction: Metal
  • Wall Construction: Aluminum, Steel/ST Fram

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Security System: Yes
  • Water Supply: City on Premises

Lot Info

  • Estimated Number of Acres: 1.95
  • Zoning: Commercial
  • Geo Subdivision: IL
  • Lot Size Remarks: 1.95 acres
  • Property Use: Office Showroom, Warehouse, Retail Pad

Rental Info

  • Sale Lease Includes: Building

Tax Info

  • Annual Taxes: 25627.92
  • Parcel Id Number Tax Id: 0930100005
  • Tax Incentive: None
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2021
Closed on
Jul 13, 2022
Sold by
Vogelgesang William J
Bought by
Blux Property Management Group Llc
Seller's Agent
Scott Eoff
RE/MAX Results Plus
Buyer's Agent
Debra Sarsany
The Real Estate Group, Inc.
List Price
$695,000
Sold Price
$650,000
Premium/Discount to List
-$45,000
-6.47%
Current Estimated Value
$808,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,297
Avg. Annual Appreciation
6.74%
Original Mortgage
$575,000
Outstanding Balance
$547,047
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$261,250

Purchase Details

Closed on
Oct 27, 2015
Sold by
Tm & Jm Commercial Properties Llc
Bought by
Vogelgesang William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
3.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 29, 2009
Sold by
Cohen Furniture Co
Bought by
Tm & Jm Commercial Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.75%
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
Blux Property Management Group Llc $650,000 Mills Edwin C
Vogelgesang William J $850,000 None Available
Tm & Jm Commercial Properties Llc $571,913 None Available
Cohen Furniture Co -- Associatal Capitel Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blux Property Management Group Llc $575,000
Previous Owner Vogelgesang William J $630,000
Previous Owner Tm & Jm Commercial Properties Llc $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2022 07/18/22 Sold $650,000 -6.5% $20 / Sq Ft
06/13/2022 06/13/22 Pending -- -- --
08/26/2021 08/26/21 For Sale $695,000 -- $22 / 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 $19,061 $219,060 $132,210 $86,850
2023 $25,963 $275,410 $152,060 $123,350
2022 $26,239 $275,410 $152,060 $123,350
2021 $25,689 $275,410 $152,060 $123,350
2020 $25,628 $269,310 $152,060 $117,250
2019 $25,443 $269,310 $152,060 $117,250
2018 $26,340 $289,070 $159,360 $129,710
2017 $25,762 $289,070 $159,360 $129,710
2016 $24,788 $275,300 $151,770 $123,530
2015 $24,486 $267,280 $147,350 $119,930
2014 $24,486 $267,280 $147,350 $119,930
2013 $23,100 $267,280 $147,350 $119,930
Source: Public Records

Agents Affiliated with this Home

  • Scott Eoff

    Seller's Agent in 2022

    Scott Eoff

    RE/MAX Results Plus

    268 in this area

    467 Total Sales

    Scott Eoff
    Section Image
  • Debra Sarsany

    Buyer's Agent in 2022

    Debra Sarsany

    The Real Estate Group, Inc.

    (217) 313-0580

    5 in this area

    660 Total Sales

    Debra Sarsany
    Section Image
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Map

Source: RMLS Alliance

MLS Number: CA1009478

RMLS Alliance

APN: 09-30-100-005

Illinois Morgan County Jacksonville 62650

1711 W Morton Ave, Jacksonville, IL

Not Listed for Sale

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