NOT LISTED FOR SALE

2005 W Main St Marion, IL 62959

Estimated Value: $152,691 - $172,000

-- Bed
-- Bath
-- Sq Ft
8,538 Sq Ft Lot

Last Sold December 22, 2022

Last sale price $155,000

Est. 5% increase in value since last sale

Current estimated payment $1,149/month

164 Days on Market

About This Home

As of December 2022

Improvements have been made to this property which is currently being leased as a restaurant. In addition to the building, 2 lots in the rear are included with the purchase! This high traffic area could be used for almost any type of business. Located in an area which has been proposed as a new TIF.

Last Agent to Sell the Property

Teresa Camarato

PROPERTY WITH TLC, LLC License #471001948 Listed on: 04/27/2022

Last Buyer's Agent

Shelly Cain

COLDWELL BANKER J. DAVID THOMPSON License #475162651

COLDWELL BANKER J. DAVID THOMPSON

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,225

Lot Details

  • 8,538

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Gas

Property Details

Property Type

Other

Est. Annual Taxes

$4,225

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office, Other, Restaurant, Retail
  • Lvt Date: 04/27/2022
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other Flooring
  • Total Building Sq Ft: 1352

Exterior Features

  • Exterior Finish: Steel
  • Frontage Access: Paved 2Lane
  • Insulation: Unknown
  • Roof Construction: Asphalt/Fiberglass
  • Wall Construction: Other Wall Construction

Utilities

  • Cooling: Wall/Window
  • Heating: Forced Air, Gas

Lot Info

  • Zoning: commercial
  • Geo Subdivision: IL
  • Parcel 3: 06-14-478-012

Rental Info

  • Sale Lease Includes: Building, Land

Tax Info

  • Annual Taxes: 4224.94
  • Parcel Id Number Tax Id: 06-14-478-003
  • Tax Incentive: TIF District
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2022
Closed on
Dec 22, 2022
Sold by
J And H Leasing Llc
Bought by
Castellano Properties Llc
Seller's Agent
Teresa Camarato
PROPERTY WITH TLC, LLC
Buyer's Agent
Shelly Cain
COLDWELL BANKER J. DAVID THOMPSON
List Price
$186,000
Sold Price
$155,000
Premium/Discount to List
-$31,000
-16.67%
Views
125
Current Estimated Value
$163,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,173
Avg. Annual Appreciation
1.86%
Original Mortgage
$394,000
Interest Rate
6.5%
Mortgage Type
Construction

Purchase Details

Listed on
Aug 5, 2019
Closed on
Oct 2, 2020
Sold by
Silvia Camarena and Silvia Ana
Bought by
J And H Leasing Llc
Seller's Agent
Richard Davis
C21 House of Realty, INC.
Buyer's Agent
Richard Davis
C21 House of Realty, INC.
List Price
$127,900
Sold Price
$100,000
Premium/Discount to List
-$27,900
-21.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.82%
Original Mortgage
$80,000
Interest Rate
5.75%
Mortgage Type
New Conventional
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
Castellano Properties Llc $155,000 None Listed On Document
J And H Leasing Llc $100,000 Mayberry Brandon C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Castellano Properties Llc $394,000
Previous Owner J And H Leasing Llc $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/22/2022 12/22/22 Sold $155,000 -16.7% --
10/08/2022 10/08/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $186,000 +86.0% --
10/01/2020 10/01/20 Sold $100,000 -19.9% -- View Prior Sale
07/17/2020 07/17/20 Pending -- -- --
02/07/2020 02/07/20 Price Changed $124,900 -2.3% --
08/05/2019 08/05/19 For Sale $127,900 +9.3% --
11/30/2016 11/30/16 Sold $117,000 -13.3% -- View Prior Sale
10/08/2016 10/08/16 Pending -- -- --
05/27/2016 05/27/16 For Sale $134,900 -- --
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
2025 $3,377 $49,390 $11,730 $37,660
2024 $3,377 $49,390 $11,730 $37,660
2023 $3,377 $43,570 $10,350 $33,220
2022 $3,206 $45,860 $10,890 $34,970
2021 $2,844 $44,210 $10,500 $33,710
2020 $2,844 $38,000 $9,920 $28,080
2019 $2,884 $38,000 $9,920 $28,080
2018 $2,884 $38,000 $9,920 $28,080
2017 $2,833 $38,000 $9,920 $28,080
2015 $2,305 $36,000 $9,400 $26,600
2013 $1,950 $36,000 $9,400 $26,600
2012 $1,950 $36,000 $9,400 $26,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAEB444208

RMLS Alliance

APN: 06-14-478-003