NOT LISTED FOR SALE

2800 Plaza Dr Springfield, IL 62704

Koke Mill East Neighborhood

Estimated Value: $5,987,728

-- Bed
-- Bath
50,000 Sq Ft
$120/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $5,000,000 $100 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $38,168/month

252 Days on Market

About This Home

As of November 2021

Subject property is an upscale neighborhood center consisting of 4 buildings occupied with quality tenants. Property is 96% leased. Spaces tend to re-lease quickly when they do become available with consistent inquiries as to whether or not space is available. Property is located within Springfield’s desirable west shopping district with multiple national and local retailers nearby.

Last Agent to Sell the Property

Curtis Tillett

The Real Estate Group, Inc. License #475089421 Listed on: 01/01/2021

The Real Estate Group, Inc.

Last Buyer's Agent

Curtis Tillett

The Real Estate Group, Inc. License #475089421 Listed on: 01/01/2021

The Real Estate Group, Inc.

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $145,000

Lot Details

  • 4.82

Property Details

Property Type

Other

Est. Annual Taxes

$145,000

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Investment
  • Lvt Date: 09/15/2021
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Total Building Sq Ft: 50000

Lot Info

  • Estimated Number of Acres: 4.82
  • Geo Subdivision: IL
  • Parcel 3: 21-01.0-477-012
  • Parcel 4: 21-01.0-477-014

Tax Info

  • Annual Taxes: 145000
  • Parcel Id Number Tax Id: 21-01.0-477-004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2021
Closed on
Nov 22, 2021
Sold by
Gables Group Llc
Bought by
Trident Ventures Llc
Seller's Agent
Curtis Tillett
The Real Estate Group, Inc.
Buyer's Agent
Curtis Tillett
The Real Estate Group, Inc.
List Price
$6,950,000
Sold Price
$5,000,000
Premium/Discount to List
-$1,950,000
-28.06%
Current Estimated Value
$5,987,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$987,728
Avg. Annual Appreciation
3.57%
Original Mortgage
$4,000,000
Outstanding Balance
$2,776,559
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$2,931,798
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
Trident Ventures Llc $3,650,000 Sorling Northrup
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trident Ventures Llc $4,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2021 11/19/21 Sold $5,000,000 -28.1% $100 / Sq Ft
09/10/2021 09/10/21 Pending -- -- --
01/01/2021 01/01/21 For Sale $6,950,000 -- $139 / 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 $67,273 $800,921 $259,113 $541,808
2023 $64,679 $731,568 $236,676 $494,892
2022 $62,185 $693,956 $224,508 $469,448
2021 $60,124 $667,972 $216,102 $451,870
2020 $58,929 $668,976 $216,427 $452,549
2019 $57,835 $666,643 $215,672 $450,971
2018 $61,038 $722,415 $214,721 $507,694
2017 $59,774 $713,074 $211,945 $501,129
2016 $58,600 $702,674 $208,854 $493,820
2015 $58,032 $694,273 $206,357 $487,916
2014 $57,163 $689,789 $205,024 $484,765
2013 $55,887 $689,789 $205,024 $484,765
Source: Public Records

Agents Affiliated with this Home

  • Curtis Tillett

    Seller's Agent in 2021

    Curtis Tillett

    The Real Estate Group, Inc.

    (217) 553-7022

    1 in this area

    46 Total Sales

    Curtis Tillett
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Map

Source: RMLS Alliance

MLS Number: CA1009903

RMLS Alliance

APN: 21-01.0-477-004

Illinois Sangamon County Springfield 62704 Koke Mill East

2800 Plaza Dr, Springfield, IL

This home is located at 2800 Plaza Dr, Springfield, IL 62704 since 01 January 2021 and is currently estimated at $5,987,728, approximately $119 per square foot. 2800 Plaza Dr is a home located in Sangamon County with nearby schools including Owen Marsh Elementary School, U.S. Grant Middle School, and Springfield High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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