NOT LISTED FOR SALE

222 4th St W Milan, IL 61264

Estimated Value: $368,212

-- Bed
-- Bath
2,160 Sq Ft
$170/Sq Ft Est. Value

About This Home

As of December 2014

Gross lease rate of $700.00 per month. Retail area in front, work/storage are in rear.

Last Agent to Rent the Property

Nickolis Bert

Mel Foster Co. Commercial License #475.159240/S62538000 Listed on: 11/21/2014

Last Renter's Agent

Nickolis Bert

Mel Foster Co. Commercial License #475.159240/S62538000 Listed on: 11/21/2014

Property Details

Property Type

  • Other

Year Built

  • Built in 1954

Lot Details

  • 8,712

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for janitorial, gas, electric, heating, cooling
  • The owner pays for real estate taxes, insurance, structural maintenance, trash, water/sewer

Property Details

Property Type

Other

Year Built

Built in 1954

Lot Details

0

Rental Info

  • Lease Dollar Sq Ft: 3.89
  • Lease Type: Gross
  • Owner Pays: Real Estate Taxes, Insurance, Structural Maintenance, Trash, Water/Sewer
  • Sale Lease Includes: Building
  • Tenant Pays: Janitorial, Gas, Electric, Heating, Cooling
  • Terms Lease: Yearly, 2 Years, 3 Years

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete, Carpeted
  • Other Access: None
  • Total Building Sq Ft: 8640
  • Estimated Lot Sq Ft: 8889

Exterior Features

  • Exterior Finish: Brick, Glass
  • Frontage Access: Paved 2Lane, City Street
  • Insulation: Roof, Side Walls
  • Roof Construction: Membrane
  • Wall Construction: Block

Garage/Parking

  • Numberparking Spaces Allocated: 3

Utilities

  • Cooling: Central Air
  • Heating: Forced Air

Lot Info

  • Estimated Number of Acres: 0.2
  • Zoning: C-1

Tax Info

  • Annual Taxes: 6432
  • Parcel Id Number Tax Id: 11730
  • Tax Incentive: None
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2022
Sold by
Proksch Diana K
Bought by
Hartmann Homerun Properties Llc
Current Estimated Value
$368,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Outstanding Balance
$233,465
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$134,747

Purchase Details

Closed on
Oct 1, 2002
Source: Public Records

Range of Values:

Collateral Analytics

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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
Hartmann Homerun Properties Llc $305,000 Gomez Title
-- $187,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hartmann Homerun Properties Llc $244,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2014 12/11/14 Rented $9,000 0.0% --
12/11/2014 12/11/14 Under Contract -- -- --
11/21/2014 11/21/14 For Rent $9,000 -- --
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 $9,035 $98,029 $11,286 $86,743
2023 $9,035 $91,616 $10,548 $81,068
2022 $8,128 $84,517 $9,731 $74,786
2021 $8,076 $80,035 $9,215 $70,820
2020 $7,911 $78,006 $8,981 $69,025
2019 $7,716 $77,234 $8,892 $68,342
2018 $7,716 $76,319 $8,787 $67,532
2017 $7,045 $74,896 $8,623 $66,273
2016 $6,877 $74,523 $8,580 $65,943
2015 $6,892 $74,130 $8,535 $65,595
2014 $1,549 $72,534 $8,351 $64,183
2013 $1,549 $72,534 $8,351 $64,183
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC7032574

RMLS Alliance

APN: 16-23-211-013