NOT LISTED FOR SALE

2144 S Macarthur Blvd Springfield, IL 62704

-- Bed
-- Bath
-- Sq Ft
0.5 Acres

Last Sold July 08, 2022

Last sale price $420,000

About This Home

As of July 2022

Professional 22,000sf 2 story office building on the highly visible corner of S MacArthur and Outer Park Dr, across from Hy-Vee. 40 Parking spaces, large windows and lots of natural light. A +/-3,900sf office suite is available for lease on the second floor with elevator access. Space is also available in the lower level. For Sale or Lease - great investment opportunity with a gross income of $135,863. NOI $36,848.92. Benefit now from the coming improvements and expansion of MacArthur Blvd! Call TODD SMITH 217-441-8000

Last Agent to Sell the Property

Todd Smith

Todd P Smith Real Estate License #471004523 Listed on: 04/01/2021

Last Buyer's Agent

NON MLS

NON-MLS QCAR License #000.00000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $20,755

Lot Details

  • 0.5

Property Details

Property Type

Other

Est. Annual Taxes

$20,755

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Investment, Office
  • Lvt Date: 04/01/2021
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Total Building Sq Ft: 22000
  • Estimated Lot Sq Ft: 22715

Lot Info

  • Estimated Number of Acres: 0.5
  • Zoning: B-1
  • Geo Subdivision: IL

Rental Info

  • Lease Dollar Sq Ft: 8
  • Lease Type: Net

Tax Info

  • Annual Taxes: 20755
  • Parcel Id Number Tax Id: 22040301061
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
Jul 12, 2022
Sold by
Trust No 01-022 and Illinois Nat'L Bk
Bought by
Shp Properties Llc Bmac
Seller's Agent
Todd Smith
Todd P Smith Real Estate
Buyer's Agent
NON MLS
NON-MLS QCAR
List Price
$710,000
Sold Price
$420,000
Premium/Discount to List
-$290,000
-40.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
5.1%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 27, 2012

Purchase Details

Closed on
Apr 12, 2005

Purchase Details

Closed on
Mar 14, 2005
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Shp Properties Llc Bmac $420,000 None Listed On Document
-- -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Shp Properties Llc Bmac $508,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2022 07/08/22 Sold $420,000 -32.8% --
09/27/2021 09/27/21 Price Changed $625,000 -12.0% --
04/01/2021 04/01/21 For Sale $710,000 -- --
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 $16,011 $190,624 $84,808 $105,816
2023 $15,944 $180,336 $77,465 $102,871
2022 $12,543 $139,977 $73,481 $66,496
2021 $21,577 $239,717 $70,730 $168,987
2020 $21,148 $240,077 $70,836 $169,241
2019 $20,755 $239,240 $70,589 $168,651
2018 $21,980 $260,148 $70,286 $189,862
2017 $21,525 $256,784 $69,377 $187,407
2016 $21,102 $253,039 $68,365 $184,674
2015 $20,898 $250,014 $67,548 $182,466
2014 $32,857 $396,490 $67,112 $329,378
2013 $32,124 $396,490 $67,112 $329,378
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1005963

RMLS Alliance

APN: 22-04.0-301-061