NOT LISTED FOR SALE

3091 Woodlawn Rd Lincoln, IL 62656

Estimated Value: $947,975

-- Bed
-- Bath
5,350 Sq Ft
$177/Sq Ft Est. Value

Last Sold September 09, 2015

Last sale price $950,000 $178 Per Sq Ft

Current estimated payment $6,501/month

97 Days on Market

About This Home

As of September 2015

Childers Plaza Investment Property Located at I-55 Exit 126 Interchange (IL-10E & IL-121S). See flyer. 2014 *Cap Rate: 15.2%. Current Tenants & Lease Expirations: Rio Grande-2.28.20, World Finance-2.28.18, Subway-1.31.19. Rio Grande & Subway sublease part or all of their space. Rental revenue in addition to aforementioned tenants currently paid by Starbucks Corporation & Kabbisko LLC*. Starbucks lease expires 2.28.18 & Kabbisko lease expires 1.31.19.*See attached marketing flyer for more info.

Last Agent to Sell the Property

Sam Nichols

True Commercial Real Estate License #471000181 Listed on: 04/23/2015

Last Buyer's Agent

Sam Nichols

True Commercial Real Estate License #471000181 Listed on: 04/23/2015

Property Details

Property Type

Other

Lot Details

0

Listing Details

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

Interior Features

  • Price Per Sq Ft: 177.57
  • Total Sq Ft: 5350

Lot Info

  • Zoning: General Re

Rental Info

  • Sale Lease Includes: Building, Land

Tax Info

  • Parcel Id Number Tax Id: 1202700550

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2025
Sold by
Freiburg Tanner
Bought by
Childers Plaza Llc
Current Estimated Value
$947,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,880
Outstanding Balance
$877,133
Interest Rate
6.87%
Mortgage Type
Commercial
Estimated Equity
$70,842

Purchase Details

Closed on
Jan 16, 2025
Sold by
Mgm Jefferson Corp
Bought by
Freiburg Tanner

Purchase Details

Closed on
Aug 31, 2021
Sold by
Midwest Asset Group Llc
Bought by
Mgm Jefferson Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 23, 2015
Closed on
Sep 4, 2015
Sold by
Ecp Eldorado Llc
Bought by
Midwest Asset Group Llc
Seller's Agent
Sam Nichols
True Commercial Real Estate
Buyer's Agent
Sam Nichols
True Commercial Real Estate
List Price
$999,000
Sold Price
$950,000
Premium/Discount to List
-$49,000
-4.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.02%

Purchase Details

Closed on
Dec 11, 2014
Sold by
Eldorado Partners
Bought by
Ecp Eldorado Llc
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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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
Childers Plaza Llc -- None Available
Freiburg Tanner $880,000 None Available
Mgm Jefferson Corp $575,000 None Available
Midwest Asset Group Llc $950,000 --
Ecp Eldorado Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Childers Plaza Llc $880,880
Previous Owner Mgm Jefferson Corp $425,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/09/2015 09/09/15 Sold $950,000 -4.9% $178 / Sq Ft
07/29/2015 07/29/15 Pending -- -- --
04/23/2015 04/23/15 For Sale $999,000 -- $187 / Sq Ft
11/01/2012 11/01/12 Sold -- -- -- View Prior Sale
11/01/2012 11/01/12 Pending -- -- --
09/23/2011 09/23/11 For Sale -- -- --
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 $18,162 $230,580 $29,870 $200,710
2023 $17,212 $213,500 $27,660 $185,840
2022 $16,728 $199,070 $25,790 $173,280
2021 $16,338 $191,666 $24,829 $166,837
2020 $24,777 $331,310 $7,340 $323,970
2019 $27,824 $324,820 $7,200 $317,620
2018 $19,595 $312,320 $6,920 $305,400
2017 $19,568 $312,320 $6,920 $305,400
2016 $19,555 $315,980 $7,000 $308,980
2015 $16,718 $323,120 $6,740 $316,380
2014 $16,718 $323,120 $6,740 $316,380
2013 $16,718 $298,190 $6,220 $291,970
2012 $16,718 $302,550 $6,310 $296,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMACA153039

RMLS Alliance

APN: 12-027-005-50