NOT LISTED FOR SALE

Estimated Value: $811,160

Studio
-- Bath
7,500 Sq Ft
$108/Sq Ft Est. Value

Sale Details

Date Sold: November 8, 2016

Current estimated payment $5,269 / mo

82 Days on Market

About This Home

As of November 2016

Former Cheddarâs restaurant â Highly visible from I-55 with 50,800 vehicles per day. Located near several hotels, including Crowne Plaza, and several restaurants, including Red Lobster, Outback, Smokey Bones and IHOP. Equipped and furnished â turn key opportunity. Building opened in 1998. Functional. Some mechanical and equipment have been replaced. Offered as-is. Lease is $4,000 per month NNN.

Last Agent to Sell the Property

TIMOTHY MATHIS

IN BETWEEN OFFICES License #475163371 Listed on: 07/19/2016

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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Property Details

Property Type

Other

Lot Details

3.86 Acres

Listing Details

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

Interior Features

  • Price Per Sq Ft: 0.53
  • Total Sq Ft: 7500

Lot Info

  • Zoning: B-1
  • Geo Subdivision: IL

Rental Info

  • Lease Dollar Sq Ft: 4000
  • Lease Type: Net
  • Sale Lease Includes: Building, Land

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2022
Sold by
Bought by
Current Estimated Value
$811,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Outstanding Balance
$450,827
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$360,333

Purchase Details

Closed on
Dec 19, 2014

Purchase Details

Closed on
Mar 29, 1999
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$600,000 Barber Segatto Hoffee Wilke &
-- --
$625,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $495,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/08/2016 11/08/16 Sold -- -- --
10/09/2016 10/09/16 Pending -- -- --
07/19/2016 07/19/16 For Sale $4,000 -- $1 / Sq Ft
04/12/2016 04/12/16 Sold -- -- -- View Prior Sale
03/13/2016 03/13/16 Pending -- -- --
02/12/2016 02/12/16 For Sale -- -- --
Source: RMLS Alliance

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $49,947 $616,903 $336,459 $280,444
2024 $17,055 $203,045 $193,071 $9,974
2023 $16,397 $185,463 $176,353 $9,110
2022 $15,765 $175,928 $167,286 $8,642
2021 $15,242 $169,340 $161,022 $8,318
2020 $14,939 $169,594 $161,264 $8,330
2019 $14,662 $169,003 $160,702 $8,301
2018 $13,190 $156,110 $146,763 $9,347
2017 $12,917 $154,091 $144,865 $9,226
2016 $12,663 $151,843 $142,752 $9,091
2015 $12,540 $150,027 $141,045 $8,982
2014 $39,958 $149,058 $140,134 $8,924
2013 $39,066 $482,177 $248,156 $234,021
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMACA164512

RMLS Alliance

APN: 22-12.0-127-056

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