$799,000
$51K PRICE DROP

207 W Broadway St Mount Carroll, IL 61053

Estimated payment $5,086/month

Total Views 52
-- Bed
-- Bath
17,000 Sq Ft
$47 Price per Sq Ft

Highlights

  • Commercial or Retail Space
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

Opportunity knocks! The Schneider House Furniture has been owned by the same family for 30 years with the present owner having worked there prior to purchasing for another 14 years. It is one of the oldest flexsteel dealers in the country. It has drawn a great clientele from Lake Carroll and approximately 100 mile radius including the city of Chicago. All new flooring, carpet and wood throughout the building in 2018. Total remodel inside in 2018. 90% of the building has a newer steel roof within the last 5 years and 10% of roof remains shingled. There is an 18 x 10 overhead garage door for loading and unloading along with 6 different entry locations with walk-in doors. The listing is for the real estate only but complete inventory fixtures and equipment would be negotiated with the real estate if someone desired. The owners have made it a very successful business and would be willing to share their books to qualified people seriously interested in the business. Some things they have thought about adding were appliances and window treatments. They have reached a point in their life where they'd like to retire and spend time with their families, which are living out of state. The 17,000 sq ft MoL building can be purchased at approx $50.00 a sq ft.

Last Listed By

Jim Sullivan

JIM SULLIVAN REALTY License #471000283 Listed on: 12/06/2024

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $7,420

Year Built

  • Built in 1954

Lot Details

  • 1.37 Acre Lot

Home Design

  • Commercial or Retail Space
  • Fire Rated Drywall
  • Shingle Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 17,000 Sq Ft Home
  • Carpet

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Property Details

Property Type

Other

Est. Annual Taxes

$7,420

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Class: COMMERCIAL/INDUSTRIAL
  • Exemptions: None
  • Type: Commercial
  • Hold Earnest Money Y N: No
  • Additional Owner Info: Schneider, Tammy
  • Designated Managing Broker Y N: No
  • L O1 Brokerage Number: 478012972
  • L A1 Managing Broker Y N: y
  • Listing Property Status: Fair Market
  • Number Doors: 6
  • Assessor Parcel Number: 050907101055
  • Sprinkler Yn: No
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Walls: Drywall
  • Insulation: Yes
  • Office Sq Ft: 1000
  • Basement: Partial Bsmt Part Fin
  • Price Per Sq Ft: 47
  • Total Finished Sq Ft: 17000
  • Flooring: Carpet

Exterior Features

  • Exterior: Vinyl
  • Roof: Shingle, Metal

Utilities

  • Sewer: City
  • Water: City
  • Water Heater: Electric
  • Air Conditioner: Central
  • Heat: Gas Forced Air, Gas Hot Water

Schools

  • School District: West Carroll

Lot Info

  • Number Of Acres: 1.37

Building Info

  • Year Built: 1954

Rental Info

  • Tenant: Yes

Tax Info

  • Year: 2023
  • Taxes: 7420

Multi Family

  • Lease: No

MLS Schools

  • School District: West Carroll

Map

Range of Values:

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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

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
2023 $7,420 $69,302 $10,792 $58,510
2022 $7,554 $69,302 $10,792 $58,510
2021 $7,246 $64,982 $10,278 $54,704
2020 $7,192 $64,982 $10,278 $54,704
2019 $7,269 $64,982 $10,278 $54,704
2018 $7,285 $64,982 $10,278 $54,704
2017 $6,772 $63,090 $9,979 $53,111
2016 $6,825 $61,341 $9,979 $51,362
2015 $6,750 $61,341 $9,979 $51,362
2014 $6,200 $61,341 $9,979 $51,362
2013 $6,200 $60,027 $6,413 $53,614
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2025 06/05/25 Price Changed $799,000 -6.0% $47 / Sq Ft
12/06/2024 12/06/24 For Sale $850,000 -- $50 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202406834

NorthWest Illinois Alliance of REALTORS®

APN: 05-09-07-101-055