NOT LISTED FOR SALE

4 Doctors Ln Macomb, IL 61455

Estimated Value: $93,000 - $109,000

-- Bed
-- Bath
-- Sq Ft
6,970 Sq Ft Lot

Last Sold February 22, 2022

Last sale price $68,000

Est. 45% increase in value since last sale

Current estimated payment $744/month

219 Days on Market

About This Home

As of February 2022

Formerly two dentist offices, this 2300 sf building is ready for a new business or multi-family rental investment. Zoned R-4, this building has lots of options. It's located steps from the McDonough District Hospital and Medical Campus. The upper and lower levels each have offices, reception areas, patient rooms and restrooms. The upper level was replumbed, repainted and rewired in 2013. The upper level HVAC was also put in in 2013. The roof was put on in 2010. Building has 6 parking spots and is handicap accessible in the rear of the building.

Last Agent to Sell the Property

Christine Farr

Key, REALTORS License #475173975 Listed on: 06/16/2021

Last Buyer's Agent

Kenny Meyer

eXp Realty License #475191724

eXp Realty

Property Details

Property Type

  • Other

Lot Details

  • 6,970

Utilities

  • Forced Air Heating and Cooling System

Property Details

Property Type

Other

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office, Other
  • Lvt Date: 06/16/2021
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpeted
  • Total Building Sq Ft: 2352

Exterior Features

  • Exterior Finish: Brick, Vinyl
  • Frontage Access: Paved 2Lane
  • Insulation: Roof, Unknown
  • Roof Construction: Comp Shingle
  • Wall Construction: Frame

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Water Supply: Municipal/City

Lot Info

  • Zoning: R-4
  • Estimated Land Size: 74 x 97
  • Geo Subdivision: IL
  • Property Use: Business Park

Rental Info

  • Sale Lease Includes: Building

Tax Info

  • Annual Taxes: 4645.1
  • Parcel Id Number Tax Id: 11-300-958-00
  • Tax Incentive: None
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2021
Closed on
Feb 10, 2022
Sold by
Jon K Dively Trust
Bought by
Doctors Lane Llc
Seller's Agent
Christine Farr
Key, REALTORS
Buyer's Agent
Kenny Meyer
eXp Realty
List Price
$120,000
Sold Price
$68,000
Premium/Discount to List
-$52,000
-43.33%
Current Estimated Value
$98,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,667
Avg. Annual Appreciation
10.18%
Original Mortgage
$68,000
Outstanding Balance
$54,298
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$44,369
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
Doctors Lane Llc $68,000 None Listed On Document
Doctors Lane Llc $68,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doctors Lane Llc $68,000
Closed Doctors Lane Llc $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2022 02/22/22 Sold $68,000 -24.4% --
01/21/2022 01/21/22 Pending -- -- --
12/13/2021 12/13/21 Price Changed $90,000 -14.3% --
08/30/2021 08/30/21 Price Changed $105,000 -12.5% --
06/16/2021 06/16/21 For Sale $120,000 -- --
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 $2,721 $23,652 $5,413 $18,239
2023 $2,790 $22,668 $5,188 $17,480
2022 $2,679 $22,668 $5,188 $17,480
2021 $4,692 $41,382 $5,188 $36,194
2020 $4,645 $46,570 $5,188 $41,382
2019 $4,506 $41,382 $5,188 $36,194
2018 $4,312 $41,382 $5,188 $36,194
2017 $4,206 $41,382 $5,188 $36,194
2016 $4,083 $41,382 $5,188 $36,194
2015 $4,112 $41,382 $5,188 $36,194
2014 $4,100 $41,382 $5,188 $36,194
2013 $3,913 $41,382 $5,188 $36,194
Source: Public Records

Agents Affiliated with this Home

  • Christine Farr

    Seller's Agent in 2022

    Christine Farr

    Key, REALTORS

    (309) 333-7274

    157 in this area

    203 Total Sales

    Christine Farr
    Section Image

  • K

    Buyer's Agent in 2022

    Kenny Meyer

    eXp Realty

    Section Image
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Map

Source: RMLS Alliance

MLS Number: PA1225965

RMLS Alliance

APN: 11-300-958-00

Illinois Mcdonough County Macomb 61455

4 Doctors Ln, Macomb, IL

Not Listed for Sale

Other

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