NOT LISTED FOR SALE

219 Lincoln St Emden, IL 62635

Studio
-- Bath
-- Sq Ft
3,223 Sq Ft

Last Sold May 26, 2022

Last sale price $68,000

231 Days on Market

About This Home

As of May 2022

The perfect opportunity for someone who wants to own a turn key small town restaurant! Opportunity knocks with 219 Lincoln Street, Emden -- recently renovated and 100% ready for new ownership. This small town Logan County popular breakfast/lunch spot features a large open dining area, fully equipped kitchen, vintage walk-in cooler, great storage/work space, mens and womens restrooms, and a large back room that could serve various purposes. Property also features a partial basement and a newer septic system. Renovated within the past few years, you literally could start operating here with minimal out of pocket expenses! If you have ever dreamt of owning your own business, here is your chance!

Last Agent to Sell the Property

Seth Goodman

ME Realty License #475126097 Listed on: 09/03/2021

Last Buyer's Agent

Seth Goodman

ME Realty License #475126097 Listed on: 09/03/2021

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $782

Lot Details

  • 3,223

Utilities

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

Property Details

Property Type

Other

Est. Annual Taxes

$782

Lot Details

3,223 Sq Ft Lot

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Restaurant
  • Lvt Date: 09/04/2021
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other Flooring, Tile/Vinyl
  • Total Building Sq Ft: 1920
  • Estimated Lot Sq Ft: 3000

Exterior Features

  • Exterior Finish: Block
  • Frontage Access: City Street
  • Insulation: Unknown
  • Roof Construction: Sloped
  • Wall Construction: Block, Brick

Utilities

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

Lot Info

  • Zoning: Commercial
  • Estimated Land Size: 20X150
  • Geo Subdivision: IL
  • Irregular Lot: No

Rental Info

  • Sale Lease Includes: Building, Inventory, Land

Tax Info

  • Annual Taxes: 782.04
  • Parcel Id Number Tax Id: 13-619-004-50
  • Tax Incentive: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2021
Closed on
May 26, 2022
Sold by
Weig Dawn M
Bought by
Schmitgall Todd M
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Seth Goodman
ME Realty
List Price
$99,900
Sold Price
$68,000
Premium/Discount to List
-$31,900
-31.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Outstanding Balance
$71,263
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2020
Sold by
Sutton Lucas and Sutton Alecia
Bought by
Weig Dawn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2019
Sold by
Cross Robert R
Bought by
Sutton Lucas and Sutton Alecia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2003
Sold by
Cross Robert R
Bought by
Cross Robert R
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Schmitgall Todd M $68,000 None Available
Weig Dawn M $80,000 None Available
Sutton Lucas $15,000 None Available
Cross Robert R $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmitgall Todd M $75,000
Previous Owner Weig Dawn M $85,000
Previous Owner Sutton Lucas $21,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2022 05/26/22 Sold $68,000 -2.7% --
04/22/2022 04/22/22 Pending -- -- --
03/09/2022 03/09/22 Price Changed $69,900 -12.5% --
12/22/2021 12/22/21 Price Changed $79,900 -11.1% --
11/01/2021 11/01/21 Price Changed $89,900 -10.0% --
09/03/2021 09/03/21 For Sale $99,900 -- --
Source: RMLS Alliance

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 $887 $12,810 $970 $11,840
2023 $865 $11,860 $900 $10,960
2022 $806 $11,060 $840 $10,220
2021 $771 $10,650 $810 $9,840
2020 $782 $10,650 $810 $9,840
2019 $780 $10,650 $810 $9,840
2018 $767 $10,240 $780 $9,460
2017 $768 $10,240 $780 $9,460
2016 $771 $10,360 $790 $9,570
2015 $744 $9,980 $760 $9,220
2014 $744 $9,980 $760 $9,220
2013 $744 $9,210 $700 $8,510
2012 $744 $9,340 $710 $8,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1009666

RMLS Alliance

APN: 13-619-004-50

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