NOT LISTED FOR SALE

2002 Broadway St Mount Vernon, IL 62864

Estimated Value: $161,216

-- Bed
-- Bath
-- Sq Ft
0.3 Acres

Last Sold October 31, 2022

Last sale price $180,000

Est. 10% decrease in value since last sale

Current estimated payment $1,039/month

98 Days on Market

About This Home

As of October 2022

This central location benefits from an average daily traffic count of almost 17,000 per day. The corner lot gives this building easy access from both sides. Both the front and the rear of the building have 3 overhead, roll-up doors for efficient entry and exit by vehicles. Formerly Speed Lube, there is a lower level that provides access from underneath or could be used as storage. A small reception/office space can be accessed through a front entrance or from within the garage. This block building built in 1988 occupies approximately 0.3 acres, which leaves space for some additional parking. There is one bath and a storage room on the east side. Think inside or outside the box to customize this high profile property to whatever your business needs may be

Last Agent to Sell the Property

Bethany Braddock

H2 Realty Group License #475196834 Listed on: 04/04/2022

Last Buyer's Agent

Lettie Johnson

Cross Davidson Real Estate License #475116283

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,326

Year Built

  • Built in 1988

Lot Details

  • 0.3

Utilities

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

Property Details

Property Type

Other

Est. Annual Taxes

$6,326

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Industrial, Investment, Office, Retail
  • Lvt Date: 04/06/2022
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete, Tile/Vinyl
  • Total Building Sq Ft: 2470
  • Estimated Lot Sq Ft: 13,068

Exterior Features

  • Exterior Finish: Block
  • Frontage Access: Corner Lot, City Street, Paved 4Lane
  • Insulation: None
  • Roof Construction: Flat, Rolled
  • Wall Construction: Block

Utilities

  • Electric Company: AMERN
  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Water Supply: Municipal/City
  • Gas Company: AMEREN
  • Water Company: CITY

Lot Info

  • Estimated Number of Acres: 0.3
  • Zoning: B2
  • Estimated Land Size: 100'x147'x101'x147'
  • Geo Subdivision: IL
  • Irregular Lot: No
  • Property Use: Flex Space, Office Showroom, Freestanding Building, Office Building, Service/Gas Station, Vehicle Related

Rental Info

  • Sale Lease Includes: Building

Tax Info

  • Annual Taxes: 6326.4
  • Parcel Id Number Tax Id: 0730376020
  • Tax Incentive: None
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2022
Closed on
Oct 31, 2022
Sold by
Steven C Dugan Llc
Bought by
Christopher Quik Lube Llc
Seller's Agent
Bethany Braddock
H2 Realty Group
Buyer's Agent
Lettie Johnson
Cross Davidson Real Estate
List Price
$250,000
Sold Price
$180,000
Premium/Discount to List
-$70,000
-28%
Views
8
Current Estimated Value
$161,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,784
Avg. Annual Appreciation
-3.91%
Original Mortgage
$400,000
Interest Rate
5.5%

Purchase Details

Closed on
Oct 28, 2020
Sold by
Dd & Sd Properties Llc
Bought by
Steven C Dugan Llc

Purchase Details

Closed on
Nov 21, 2018
Sold by
Speed Lube Llc
Bought by
Dd & Sd Properties Llc
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
Christopher Quik Lube Llc $180,000 None Listed On Document
Steven C Dugan Llc $121,952 None Available
Dd & Sd Properties Llc $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chistopher Quik Lube Llc $436,260
Closed Christopher Quik Lube Llc $400,000
Previous Owner Speed Lube Llc $103,000
Previous Owner Lll Speed Lube $200,000
Previous Owner Speed Lube Llc $2,950,000
Previous Owner Speed Lube Llc $9,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2022 10/31/22 Sold $180,000 -20.0% --
09/29/2022 09/29/22 Price Changed $225,000 -10.0% --
09/29/2022 09/29/22 For Sale $250,000 0.0% --
07/11/2022 07/11/22 Pending -- -- --
04/04/2022 04/04/22 For Sale $250,000 -- --
07/11/2003 07/11/03 Pending -- -- --
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 $6,816 $129,426 $42,808 $86,618
2023 $6,816 $77,903 $39,520 $38,383
2022 $6,610 $68,336 $34,667 $33,669
2021 $6,326 $65,082 $33,016 $32,066
2020 $11,093 $106,350 $30,856 $75,494
2019 $10,941 $106,350 $30,856 $75,494
2018 $10,812 $106,350 $30,856 $75,494
2017 $10,452 $106,350 $30,856 $75,494
2016 $10,324 $106,350 $30,856 $75,494
2015 $10,101 $106,350 $30,856 $75,494
2014 $8,318 $106,350 $30,856 $75,494
2013 $8,318 $100,330 $29,109 $71,221
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: EB443857

RMLS Alliance

APN: 07-30-376-020