Seller's Agent in 2023
Matt Garrison
The Real Estate Group, Inc.
(217) 638-8500
5 in this area
344 Total Sales
320 E Main St Rochester, IL 62563
Estimated Value: $279,680
--
Bed
--
Bath
--
Sq Ft
0.27
Acres
Highlights
- Forced Air Heating and Cooling System
- Rochester High School Rated A-
- 1-minute walk to Sangchris Lake State Park
About This Home
As of January 2023Investors! Here’s your chance to own a lucrative commercial space in Rochester, presently operating as The Alibi Bar & Grill. This full service, 2000 Sq Ft building was completely rehabilitated in 2016, and tenant is currently serving a modified gross lease through 2025.
Last Agent to Sell the Property
The Real Estate Group, Inc. License #475176635 Listed on: 11/04/2022
Last Buyer's Agent
The Real Estate Group, Inc. License #475176635 Listed on: 11/04/2022
Property Details
Property Type
- Other
Est. Annual Taxes
- $3,371
Lot Details
- 0.27
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- The owner pays for real estate taxes, insurance, common area maintenance
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 4, 2022
Closed on
Jan 19, 2023
Sold by
Kerouac Enterprises Llc
Bought by
Superior 3 Treasures Llc
Seller's Agent
Matt Garrison
The Real Estate Group, Inc.
Buyer's Agent
Matt Garrison
The Real Estate Group, Inc.
List Price
$279,900
Sold Price
$230,000
Premium/Discount to List
-$49,900
-17.83%
Views
32
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,680
Avg. Annual Appreciation
6.85%
Original Mortgage
$185,000
Outstanding Balance
$22,808
Interest Rate
8%
Mortgage Type
New Conventional
Estimated Equity
$256,872
Purchase Details
Closed on
Jul 14, 2020
Sold by
Rochester Partners Llc
Bought by
Kerouac Enterprises Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
3.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 10, 2016
Purchase Details
Closed on
Oct 21, 2015
Purchase Details
Closed on
Nov 3, 2004
Purchase Details
Closed on
Nov 1, 2003
Purchase Details
Closed on
Mar 2, 2001
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Superior 3 Treasures Llc | $230,000 | -- | |
| Kerouac Enterprises Llc | $195,000 | Sgro Hanrahan Durr Rabin & Bru | |
| -- | -- | -- | |
| -- | $57,000 | -- | |
| -- | -- | -- | |
| -- | $160,000 | -- | |
| -- | $160,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Superior 3 Treasures Llc | $185,000 | |
| Previous Owner | Kerouac Enterprises Llc | $156,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/11/2023 01/11/23 | Sold | $230,000 | -11.5% | -- |
| 12/09/2022 12/09/22 | Pending | -- | -- | -- |
| 11/21/2022 11/21/22 | Price Changed | $259,900 | -7.1% | -- |
| 11/08/2022 11/08/22 | For Sale | $279,900 | 0.0% | -- |
| 11/05/2022 11/05/22 | Pending | -- | -- | -- |
| 11/04/2022 11/04/22 | For Sale | $279,900 | -- | -- |
Source: RMLS Alliance
Tax History Compared to Growth
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 | $5,817 | $82,110 | $4,163 | $77,947 |
| 2023 | $3,635 | $49,587 | $3,954 | $45,633 |
| 2022 | $3,505 | $46,953 | $3,744 | $43,209 |
| 2021 | $3,371 | $45,077 | $3,594 | $41,483 |
| 2020 | $3,311 | $44,499 | $3,548 | $40,951 |
| 2019 | $3,250 | $44,790 | $3,571 | $41,219 |
| 2018 | $3,224 | $44,072 | $3,514 | $40,558 |
| 2017 | $3,176 | $43,606 | $3,477 | $40,129 |
| 2016 | $3,081 | $42,180 | $3,363 | $38,817 |
| 2015 | $1,394 | $19,001 | $3,358 | $15,643 |
| 2014 | $3,787 | $51,575 | $2,249 | $49,326 |
| 2013 | $3,733 | $50,983 | $2,223 | $48,760 |
Source: Public Records
Agents Affiliated with this Home
-
Matt Garrison
Map
Source: RMLS Alliance
MLS Number: RMACA1019063
APN: 23-15.0-304-017
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