NOT LISTED FOR SALE

416 Main St Mount Vernon, IL 62864

Estimated Value: $476,039

-- Bed
-- Bath
-- Sq Ft
0.36 Acres

Last Sold September 15, 2022

Last sale price $70,000

Est. 580% increase in value since last sale

Current estimated payment $2,897/month

About This Home

As of September 2022

Leverage location and history in this building that was most recently Pizza Man, a popular local restaurant. Practically all equipment, fixtures and furnishings are included making time-til-open short. This space was designed for either walk-up/carry-out service with a transaction counter inside the front door or table service in the large dining room with approx. 800 sq ft. A gas fireplace sets a mood or warms a chill while patrons enjoy their meal. The kitchen is split into the front cook-and-complete area with pizza oven and the back prep-and-clean area with cooler and freezer access. Two private restrooms will meet customer necessities. The parking lot provides plenty of space but there is an additional lot included in the sale that could be cleared and used for parking as well. Signage is in place at the street to make sure everyone knows you're ready for business!

Last Agent to Sell the Property

Bethany Braddock

H2 Realty Group License #475196834 Listed on: 03/01/2022

Last Buyer's Agent

Danica Tamplin

King City Property Brokers License #475165399

Property Details

Property Type

  • Other

Year Built

  • Built in 1973

Lot Details

  • 0.36

Utilities

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

Property Details

Property Type

Other

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Restaurant
  • Lvt Date: 03/01/2022
  • Year Built: 1973
  • Bar: No
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Tile/Vinyl
  • Gaming Room Area: No
  • Kitchen Sq Ft Or Percent R: 432
  • Other Access: None
  • Total Building Sq Ft: 1800

Exterior Features

  • Exterior Finish: Wood Siding, Brick, Stone
  • Frontage Access: Corner Lot, City Street
  • Insulation: Side Walls
  • Roof Construction: Asphalt/Fiberglass
  • Wall Construction: Frame
  • Outdoor Dining Patio R: No
  • Seating Area Sqft Or Percent R: 756

Garage/Parking

  • Numberparking Spaces Allocated: 20

Utilities

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

Lot Info

  • Zoning: B2
  • Geo Subdivision: IL

Rental Info

  • Sale Lease Includes: Building, Land

Tax Info

  • Annual Taxes: 4246.72
  • Parcel Id Number Tax Id: 07-29-405-010
  • Tax Incentive: None
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2023
Sold by
Walch Tad
Bought by
Welch Properties Of Mt Vernon Llc
Current Estimated Value
$476,039

Purchase Details

Listed on
Mar 1, 2022
Closed on
Sep 15, 2022
Sold by
Prior Jacqueline S and Prior Jackie S
Bought by
Welch Tad
Seller's Agent
Bethany Braddock
H2 Realty Group
Buyer's Agent
Danica Tamplin
King City Property Brokers
List Price
$130,000
Sold Price
$70,000
Premium/Discount to List
-$60,000
-46.15%
Views
7
Source: Public Records

Range of Values:

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Average Value
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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
Welch Properties Of Mt Vernon Llc -- None Listed On Document
Welch Tad $70,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2022 09/15/22 Sold $70,000 -46.2% --
08/27/2022 08/27/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $130,000 -- --
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 $4,445 $111,886 $14,200 $97,686
2023 $4,445 $50,803 $13,109 $37,694
2022 $4,311 $44,564 $11,499 $33,065
2021 $4,126 $42,441 $10,951 $31,490
2020 $4,137 $39,665 $10,235 $29,430
2019 $4,081 $39,665 $10,235 $29,430
2018 $4,032 $39,665 $10,235 $29,430
2017 $3,946 $39,665 $10,235 $29,430
2016 $3,850 $39,665 $10,235 $29,430
2015 $3,767 $39,665 $10,235 $29,430
2014 $3,102 $39,665 $10,235 $29,430
2013 $3,102 $37,420 $9,656 $27,764
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: EB443306

RMLS Alliance

APN: 07-29-405-010