NOT LISTED FOR SALE

256 S Soangetaha Rd Galesburg, IL 61401

Estimated Value: $1,232,170

-- Bed
-- Bath
-- Sq Ft
2.39 Acres

Last Sold June 17, 2022

Last sale price $275,000

Est. 348% increase in value since last sale

Current estimated payment $7,512/month

About This Home

As of June 2022

If location and visibility is what you are desiring for your office (legal, accounting, insurance, medical, etc.) then don't miss this well-built masonry business complex. Situated directly off I-74 and in close proximity to downtown Galesburg, and approx. 45 minutes from Peoria and the Quad Cities. Currently occupied with two tenants and approximately 6,836 SF of additional rentable space which could be sub-divided to suit your needs. New roof in 2013 with warranty and flash heaters in bathrooms for instant hot water. Abundant hard-surface parking and signage available.

Last Agent to Sell the Property

Chuck Ross

Mel Foster Co. Galesburg License #471017532 Listed on: 03/09/2022

Mel Foster Co. Galesburg

Last Buyer's Agent

Chuck Ross

Mel Foster Co. Galesburg License #471017532 Listed on: 03/09/2022

Mel Foster Co. Galesburg

Property Details

Property Type

  • Other

Year Built

  • Built in 1973

Lot Details

  • 2.39

Utilities

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

Property Details

Property Type

Other

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Investment, Office
  • Lvt Date: 03/09/2022
  • Year Built: 1973
  • Flood Insurance: Unknown
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpeted, Tile/Vinyl
  • Total Building Sq Ft: 13431

Exterior Features

  • Exterior Finish: Brick
  • Frontage Access: Paved 2Lane, City Street
  • Insulation: Unknown
  • Roof Construction: Membrane
  • Wall Construction: Block, Masonry

Utilities

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

Association/Amenities

  • Amenities: Computer Cabling, Wireless Internet

Lot Info

  • Estimated Number of Acres: 2.39
  • Zoning: B-2
  • Geo Subdivision: IL
  • Irregular Lot: Yes
  • Property Use: Other Property Use, Freestanding Building, Medical Office, Office Building

Rental Info

  • Sale Lease Includes: Building, Land

Tax Info

  • Annual Taxes: 17372.82
  • Parcel Id Number Tax Id: 9913228003
  • Tax Incentive: None
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2004
Sold by
Weaver Russell E and Weaver Sharon L
Bought by
Barash Barry M
Current Estimated Value
$1,232,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
3.25%
Mortgage Type
New Conventional
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
Barash Barry M $650,100 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barash Barry M $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2022 06/17/22 Sold $275,000 -1.4% --
06/13/2022 06/13/22 Pending -- -- --
04/11/2022 04/11/22 Price Changed $279,000 -5.4% --
03/09/2022 03/09/22 For Sale $295,000 -- --
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 $12,376 $133,390 $54,770 $78,620
2023 $12,376 $129,150 $53,030 $76,120
2022 $9,865 $104,090 $29,170 $74,920
2021 $17,373 $178,530 $50,030 $128,500
2020 $17,656 $178,530 $50,030 $128,500
2019 $17,798 $178,530 $50,030 $128,500
2018 $21,849 $219,920 $48,570 $171,350
2017 $22,033 $219,920 $48,570 $171,350
2015 -- $216,670 $47,850 $168,820
2013 $18,537 $207,700 $48,330 $159,370
Source: Public Records

Agents Affiliated with this Home

  • Chuck Ross

    Seller's Agent in 2022

    Chuck Ross

    Mel Foster Co. Galesburg

    (309) 277-7702

    86 in this area

    118 Total Sales

    Chuck Ross
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Map

Source: RMLS Alliance

MLS Number: CA1012813

RMLS Alliance

APN: 99-13-228-003

Illinois Knox County Galesburg 61401

256 S Soangetaha Rd, Galesburg, IL

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