NOT LISTED FOR SALE

3208 Court St Pekin, IL 61554

South of Broadway Neighborhood

Estimated Value: $873,488

-- Bed
-- Bath
-- Sq Ft
0.97 Acres

About This Home

As of February 2021

GROSS RENT FOR FIRST 2 YEARS=$1660 WHICH WILL INCLUDE R.E. TAXES, INS. & CAM CHARGES. OWNERS WILL ALSO CONSIDER SELLING THIS SPACE WITH FAVORABLE TERMS. THEY WILL ALSO CONSIDER TAKING YOUR PRESENT PROPERTY IN TRADE. IN EASTSIDE STRIP CENTER - THIS IS AN END UNIT-UNIT ZONED B-3. This is a great location for any type of business. High visibility and traffic area. Located 1/2 mile west of the Pekin Mall on Court St. Co-op Lease Compensation will be based on the length of lease. Agent Interest.

Last Agent to Rent the Property

Brent Glassey

Glassey Properties License #471003494 Listed on: 07/04/2018

Last Renter's Agent

Brent Glassey

Glassey Properties License #471003494 Listed on: 07/04/2018

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,036

Year Built

  • Built in 1997

Lot Details

  • 0.97

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for real estate taxes, insurance, common area maintenance

Property Details

Property Type

Other

Est. Annual Taxes

$3,036

Year Built

Built in 1997

Lot Details

0

Rental Info

  • Monthly Lease Rate: 1660
  • Owner Pays: None
  • Sale Lease Includes: Building
  • Tenant Pays: Real Estate Taxes, Insurance, Common Area Maint
  • Terms Lease: Other Term/Lease

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office
  • Lvt Date: 03/29/2019
  • Year Built: 1997
  • Handicap Modified: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete, Carpeted
  • Total Building Sq Ft: 2200

Exterior Features

  • Exterior Finish: Other Exterior Finish
  • Frontage Access: City Street
  • Insulation: Roof, Side Walls
  • Roof Construction: Metal
  • Wall Construction: Frame

Garage/Parking

  • Numberparking Spaces Allocated: 55

Utilities

  • Cooling: Central Air, Individual Units
  • Heating: Forced Air, Gas, Individual Units

Lot Info

  • Zoning: B-3
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 3036
  • Parcel Id Number Tax Id: 11-11-07-103-046
  • Estimated Taxes Sq Ft: 1.34
  • Tax Incentive: None
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2024
Sold by
Taaj Llc
Bought by
Taaj Eastside Plaza Llc
Current Estimated Value
$873,488

Purchase Details

Closed on
Feb 25, 2022
Sold by
Eastside Plaza Of Pekin Llc
Bought by
Taaj Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.9%
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
Taaj Eastside Plaza Llc -- None Listed On Document
Taaj Llc $665,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Taaj Llc $35,000
Previous Owner Taaj Llc $590,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2021 02/28/21 Rented -- -- --
10/31/2020 10/31/20 Price Changed $198,500 -0.7% --
09/28/2020 09/28/20 Price Changed $199,800 +15.6% --
09/28/2020 09/28/20 Price Changed $172,800 -17.7% --
02/27/2020 02/27/20 Price Changed $209,900 -0.4% --
10/29/2019 10/29/19 Price Changed $210,800 0.0% --
07/04/2018 07/04/18 For Rent $210,900 -- --
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 $18,027 $211,020 $21,120 $189,900
2023 $18,027 $193,740 $19,390 $174,350
2022 $16,957 $180,370 $18,050 $162,320
2021 $16,338 $173,440 $17,360 $156,080
2020 $15,876 $170,040 $17,020 $153,020
2019 $15,661 $170,040 $17,020 $153,020
2018 $15,238 $170,040 $17,020 $153,020
2017 $14,876 $170,040 $17,020 $153,020
2016 $14,580 $166,680 $16,680 $150,000
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Landlord's Agent in 2021

    Brent Glassey

    Glassey Properties

    (309) 360-5505

    6 in this area

    13 Total Sales

    Brent Glassey
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Map

Source: RMLS Alliance

MLS Number: RMAPA1203133

RMLS Alliance

APN: 11-11-07-103-046

Illinois Tazewell County Pekin 61554 South of Broadway

3208 Court St, Pekin, IL

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