NOT LISTED FOR SALE

407 W North St Walnut, IL 61376

Estimated Value: $91,074

1.01 Acres
$90,172 Price per Acre
43,996 Sq Ft Lot

Last Sold May 13, 2024

Last sale price $77,500

Est. 18% increase in value since last sale

Current estimated payment $582/month

23 Days on Market

About This Lot

As of May 2024

This property is a blank canvas for what you want to create. Past use was ice cream shop as well as food service but the options are endless. Situated on slightly over an acre of land with State Route 92 Highway and Zoned B-2 opens the door to many business applications. Nicor Gas, Comm Ed Electric and city water/Sewer on site. Building has been remodeled on the interior as well as the exterior to provide a great place to do business. Drive up service window recently installed to the Easterly side. Ice cream machine is winterized but ready to go into service. All tables and related equipment stays with the property. The property was qualified as a Level 1 for the Bureau County Health Department in 2023. Come and check it out and follow your dreams.

Last Agent to Sell the Property

Darrell Dahl

Dahl Real Estate License #471003318 Listed on: 03/26/2024

Last Buyer's Agent

Darrell Dahl

Dahl Real Estate License #471003318 Listed on: 03/26/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,262

Lot Details

  • 1.01 Acre Lot
  • Lot Dimensions are 215.78x197.6x214.3x222.5
  • Property fronts a state road

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Cable TV Available

Property Details

Property Type

Land

Est. Annual Taxes

$1,262

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Commercial
  • Road Surface Type: Asphalt
  • General Information: None
  • Actual Status: Closed
  • ResoPropertyType: Land
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: None

Exterior Features

  • Frontage Type: State Road
  • Waterfront: No

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Available, Cable Available
  • Water Source: Municipal Water

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 1.01
  • Lot Dimensions: 215.78X197.6X214.3X222.5
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 18

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 1261.78
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2024
Closed on
May 9, 2024
Sold by
Empire Property Investment Company Llc
Bought by
Thomas Brent M and Dewaele Joshua
Seller's Agent
Darrell Dahl
Dahl Real Estate
Buyer's Agent
Darrell Dahl
Dahl Real Estate
List Price
$84,900
Sold Price
$77,500
Premium/Discount to List
-$7,400
-8.72%
Views
97
Current Estimated Value
$91,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,574
Original Mortgage
$77,500
Outstanding Balance
$75,153
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 11, 2021
Closed on
Dec 14, 2021
Sold by
Citizens First State Bank
Bought by
Empire Property Investment Com
Seller's Agent
Darrell Dahl
Dahl Real Estate
Buyer's Agent
Darrell Dahl
Dahl Real Estate
List Price
$84,900
Sold Price
$60,000
Premium/Discount to List
-$24,900
-29.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.20%

Purchase Details

Listed on
May 11, 2021
Closed on
Nov 19, 2021
Sold by
Frasco Tonya R
Bought by
Citizens First State Bank
Seller's Agent
Darrell Dahl
Dahl Real Estate
Buyer's Agent
Darrell Dahl
Dahl Real Estate
List Price
$84,900
Sold Price
$60,000
Premium/Discount to List
-$24,900
-29.33%

Purchase Details

Closed on
May 14, 2015
Sold by
Dewaele Donald and Dewaele Cheryl
Bought by
Frasco Tonya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.64%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records
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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
Thomas Brent M $57,500 None Listed On Document
Empire Property Investment Com -- None Listed On Document
Citizens First State Bank -- Angel Isaacson & Tracy
Frasco Tonya $60,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Brent M $77,500
Previous Owner Frasco Tonya $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/13/2024 05/13/24 Sold $77,500 -8.7% --
04/19/2024 04/19/24 Pending -- -- --
03/26/2024 03/26/24 For Sale $84,900 +41.5% --
12/14/2021 12/14/21 Sold $60,000 -29.3% -- View Prior Sale
11/16/2021 11/16/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $84,900 -- --
Source: Midwest Real Estate Data (MRED)

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 $1,314 $14,605 $3,917 $10,688
2023 $1,314 $13,605 $3,649 $9,956
2022 $1,262 $12,643 $3,391 $9,252
2021 $1,625 $15,887 $3,129 $12,758
2020 $1,586 $15,677 $3,088 $12,589
2019 $1,586 $15,384 $3,030 $12,354
2018 $1,482 $14,622 $2,880 $11,742
2017 $1,395 $14,293 $2,815 $11,478
2016 $1,468 $13,839 $2,726 $11,113
2015 -- $13,335 $2,626 $10,709
2014 -- $13,335 $2,626 $10,709
2013 -- $13,663 $2,691 $10,972
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12013700

Midwest Real Estate Data (MRED)

APN: 03-08-404-001