NOT LISTED FOR SALE

3004 Constitution Dr Springfield, IL 62704

Estimated Value: $1,036,017

Studio
-- Bath
28,400 Sq Ft
$36/Sq Ft Est. Value

Last Sold November 29, 2017

Last sale price $700,000 $25 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $7,825/month

About This Home

As of November 2017

Great opportunity for investors. 28,400 square foot building sitting on 2.97 acres on Springfield's west side. Located in very close proximity to multiple national retail stores and restaurants including Walmart, Target, McDonalds, Wendy's and Starbucks. Space currently divided into 5 units. High traffic count and many possibilities.

Last Agent to Sell the Property

Bill Marriott

The Real Estate Group, Inc. License #475116051 Listed on: 11/29/2017

The Real Estate Group, Inc.

Last Buyer's Agent

Jerry George

The Real Estate Group, Inc. License #475159363

The Real Estate Group, Inc.

Property Details

Property Type

  • Other

Property Details

Property Type

Other

Listing Details

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

Interior Features

  • Price Per Sq Ft: 24.65
  • Total Sq Ft: 28400

Lot Info

  • Estimated Number of Acres: 2.97
  • Zoning: Commercial
  • Geo Subdivision: IL

Rental Info

  • Sale Lease Includes: Building

Tax Info

  • Annual Taxes: 66377
  • Parcel Id Number Tax Id: 21130401019
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2017
Closed on
Nov 29, 2017
Sold by
Mb Reo-Il Retail Llc
Bought by
Ram Innovations Llc Series 9
Seller's Agent
Bill Marriott
The Real Estate Group, Inc.
Buyer's Agent
Jerry George
The Real Estate Group, Inc.
List Price
$1,900,000
Sold Price
$700,000
Premium/Discount to List
-$1,200,000
-63.16%
Current Estimated Value
$1,036,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,017
Avg. Annual Appreciation
4.92%

Purchase Details

Listed on
Nov 29, 2017
Closed on
Nov 22, 2017
Sold by
Sheriff Of Sangamon County
Bought by
Mb Reo & Il Retail Llc
Seller's Agent
Bill Marriott
The Real Estate Group, Inc.
Buyer's Agent
Jerry George
The Real Estate Group, Inc.
List Price
$1,900,000
Sold Price
$700,000
Premium/Discount to List
-$1,200,000
-63.16%

Purchase Details

Closed on
May 14, 2013

Purchase Details

Closed on
Sep 12, 2012

Purchase Details

Closed on
Oct 5, 2004

Purchase Details

Closed on
Jun 7, 1999

Purchase Details

Closed on
Apr 15, 1999
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Ram Innovations Llc Series 9 $660,000 Fidelity National Title
Mb Reo & Il Retail Llc -- Miller Canfield Paddock And St
-- $2,500,000 --
-- -- --
-- $3,825,000 --
-- -- --
-- $520,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2017 11/29/17 Sold $700,000 -63.2% $25 / Sq Ft
11/29/2017 11/29/17 Pending -- -- --
11/29/2017 11/29/17 For Sale $1,900,000 -- $67 / Sq Ft
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 $29,206 $347,706 $243,366 $104,340
2023 $28,079 $317,598 $222,293 $95,305
2022 $26,996 $301,269 $210,864 $90,405
2021 $26,102 $289,989 $202,969 $87,020
2020 $25,577 $290,352 $233,527 $56,825
2019 $54,902 $632,845 $232,713 $400,132
2018 $34,240 $405,241 $137,460 $267,781
2017 $33,533 $400,034 $228,740 $171,294
2016 $66,377 $795,927 $225,404 $570,523
2015 $65,734 $786,411 $222,709 $563,702
2014 $64,749 $781,333 $221,271 $560,062
2013 $63,304 $781,333 $221,271 $560,062
Source: Public Records

Agents Affiliated with this Home

  • Bill Marriott

    Seller's Agent in 2017

    Bill Marriott

    The Real Estate Group, Inc.

    (217) 741-0198

    28 Total Sales

    Bill Marriott
    Section Image
  • Jerry George

    Buyer's Agent in 2017

    Jerry George

    The Real Estate Group, Inc.

    (217) 638-1360

    897 Total Sales

    Jerry George
    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMACA177720

RMLS Alliance

APN: 21-13.0-401-019

Illinois Sangamon County Springfield 62704

3004 Constitution Dr, Springfield, IL

Not Listed for Sale

Other

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