NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
8,712 Sq Ft Lot

Last Sold September 13, 2019

Last sale price $72,500

6 Days on Market

About This Home

As of September 2019

Restaurant business for sale in Peoria, Illinois. Theo's established at this location for 25 years. Financials available with a signed NDA. All furniture, fixtures and equipment are included.

Last Agent to Sell the Property

Jim Grube

RE/MAX Traders Unlimited License #475123488 Listed on: 08/26/2019

RE/MAX Traders Unlimited

Last Buyer's Agent

Jim Grube

RE/MAX Traders Unlimited License #475123488 Listed on: 08/26/2019

RE/MAX Traders Unlimited

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,990

Lot Details

  • 8,712

Utilities

  • Forced Air Heating and Cooling System

Property Details

Property Type

Other

Est. Annual Taxes

$2,990

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Restaurant
  • Lvt Date: 08/27/2019
  • Bar: No
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Kitchen Sq Ft Or Percent R: 400
  • Min Ceiling Ht Feet: 10

Exterior Features

  • Exterior Finish: Block
  • Frontage Access: Paved 4Lane, Corner Lot
  • Insulation: Unknown
  • Roof Construction: Asphalt/Fiberglass
  • Wall Construction: Block
  • Outdoor Dining Patio R: Yes

Utilities

  • Cooling: Central Air
  • Heating: Forced Air

Lot Info

  • Estimated Number of Acres: 0.2
  • Zoning: Imp Comm
  • Geo Subdivision: IL

Rental Info

  • Sale Lease Includes: Business
  • Terms Lease: N/A

Tax Info

  • Parcel Id Number Tax Id: 14-30-403-001
  • Tax Incentive: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2025
Sold by
Bullock Real Estate Llc
Bought by
Springfield Il Properties Inc

Purchase Details

Listed on
Aug 26, 2019
Closed on
Oct 30, 2019
Sold by
Donna J Theobald Declaration Of Trust
Bought by
Bullock Real Estate Llc
Seller's Agent
Jim Grube
RE/MAX Traders Unlimited
Buyer's Agent
Jim Grube
RE/MAX Traders Unlimited
List Price
$75,000
Sold Price
$72,500
Premium/Discount to List
-$2,500
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3.7%
Mortgage Type
New Conventional
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
Springfield Il Properties Inc $100,000 None Listed On Document
Bullock Real Estate Llc $80,000 Cusack Gilfillan & Oday Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bullock Real Estate Llc $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2019 09/13/19 Sold $72,500 -3.3% --
08/26/2019 08/26/19 For Sale $75,000 -- --
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 $2,990 $33,060 $13,780 $19,280
2023 $2,854 $30,330 $12,640 $17,690
2022 $2,861 $29,660 $12,260 $17,400
2021 $2,949 $29,660 $12,260 $17,400
2020 $2,972 $29,660 $12,260 $17,400
2019 $3,015 $30,260 $12,510 $17,750
2017 $2,945 $30,550 $12,630 $17,920
2016 $2,863 $30,550 $12,630 $17,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAPA1208346

RMLS Alliance

APN: 1430403001