NOT LISTED FOR SALE

2188 Veterans Dr Galesburg, IL 61401

Estimated Value: $155,402

-- Bed
-- Bath
12,500 Sq Ft
$12/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $103,000 $8 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,105/month

About This Home

As of May 2020

Commercial Property consisting of two 6,250 sq. ft. brick buildings for a total of 12,500 sq. ft. Buildings include reception areas, offices, kitchen, two restrooms, showroom, & warehouse space. Buildings located in CPD zoning, situated on 225' x 158.14' parcel offering off street parking & room for expansion. Very close in proximity to Galesburg's most recent commercial & retail development area. Opportunity exist for many commercial applications w/building arrangement & location. Buildings previously known as Hawthorne Center Craft and Antique Mall. Listing Agent is Related seller.

Last Agent to Sell the Property

Thomas Knapp

RE/MAX Preferred Properties License #471003323 Listed on: 11/06/2017

Last Buyer's Agent

CHRISTINE PEPMEYER

RE/MAX Preferred Properties License #471001828

RE/MAX Preferred Properties

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,276

Lot Details

  • 0.82

Utilities

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

Property Details

Property Type

Other

Est. Annual Taxes

$4,276

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Investment, Office, Retail
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete, Carpeted
  • Price Per Sq Ft: 8.24
  • Total Sq Ft: 12500
  • Total Building Sq Ft: 12500

Exterior Features

  • Exterior Finish: Brick
  • Frontage Access: City Street
  • Insulation: Side Walls
  • Roof Construction: Membrane
  • Wall Construction: Brick

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Water Supply: Municipal/City

Lot Info

  • Estimated Number of Acres: 0.82
  • Zoning: CPD
  • Geo Subdivision: IL

Rental Info

  • Sale Lease Includes: Building, Business, Land
  • Terms Lease: N/A

Tax Info

  • Annual Taxes: 4276
  • Parcel Id Number Tax Id: 9902152008
  • Tax Incentive: None
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2017
Closed on
May 15, 2020
Sold by
Knapp G L & M K L Tr
Bought by
Price Phillip L and Busse Glenn H
Seller's Agent
Thomas Knapp
RE/MAX Preferred Properties
Buyer's Agent
CHRISTINE PEPMEYER
RE/MAX Preferred Properties
List Price
$110,000
Sold Price
$103,000
Premium/Discount to List
-$7,000
-6.36%
Current Estimated Value
$155,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,402
Avg. Annual Appreciation
7.76%
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
Price Phillip L $103,000 Attorney Only
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2020 05/15/20 Sold $103,000 -6.4% $8 / Sq Ft
05/01/2020 05/01/20 Pending -- -- --
02/06/2020 02/06/20 For Sale $110,000 +6.8% $9 / Sq Ft
02/05/2020 02/05/20 Off Market $103,000 -- --
12/20/2019 12/20/19 Price Changed $110,000 -4.3% $9 / Sq Ft
11/19/2019 11/19/19 Price Changed $115,000 -8.0% $9 / Sq Ft
11/04/2019 11/04/19 For Sale $125,000 +21.4% $10 / Sq Ft
10/05/2019 10/05/19 Off Market $103,000 -- --
08/14/2019 08/14/19 Price Changed $125,000 -16.7% $10 / Sq Ft
08/07/2019 08/07/19 For Sale $150,000 +45.6% $12 / Sq Ft
08/05/2019 08/05/19 Off Market $103,000 -- --
11/06/2017 11/06/17 For Sale $265,000 -- $21 / 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 $3,452 $37,210 $2,770 $34,440
2023 $3,452 $36,030 $2,680 $33,350
2022 $3,415 $36,030 $2,680 $33,350
2021 $3,308 $33,990 $2,530 $31,460
2020 $4,384 $44,330 $2,530 $41,800
2019 $4,419 $44,330 $2,530 $41,800
2018 $4,276 $43,040 $2,460 $40,580
2017 $4,312 $43,040 $2,460 $40,580
2015 -- $42,400 $2,420 $39,980
2013 $3,821 $42,820 $2,440 $40,380
Source: Public Records

Agents Affiliated with this Home

  • Thomas Knapp

    Seller's Agent in 2020

    Thomas Knapp

    RE/MAX Preferred Properties

    (309) 335-4000

    398 in this area

    476 Total Sales

    Thomas Knapp
    Section Image
  • CHRISTINE PEPMEYER

    Buyer's Agent in 2020

    CHRISTINE PEPMEYER

    RE/MAX Preferred Properties

    (309) 221-1361

    107 in this area

    119 Total Sales

    CHRISTINE PEPMEYER
    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMACA177339

RMLS Alliance

APN: 99-02-152-008

Illinois Knox County Galesburg 61401

2188 Veterans Dr, Galesburg, IL

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