NOT LISTED FOR SALE

417 E Adams St Springfield, IL 62701

Downtown Springfield Neighborhood
-- Bed
-- Bath
-- Sq Ft
1,568 Sq Ft Lot

Last Sold July 15, 2021

Last sale price $800,000

274 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Springfield High School Rated A-
  • 4-minute walk to Union Square Park

About This Home

As of July 2021

42,967 square feet of mix-use space. Consists of 17 apartments (7 available), 5 retail locations available and one 13,000 SF Commercial office suite available. Great Downtown Springfield location directly west of the Old State Capitol. Building comes with a private parking garage with 20 spots. Please see documents for individual flyers.

Last Agent to Sell the Property

Bill Marriott

The Real Estate Group, Inc. License #475116051 Listed on: 08/25/2020

The Real Estate Group, Inc.

Last Buyer's Agent

Rick Hanselman

IN BETWEEN OFFICES License #475098882

IN BETWEEN OFFICES

Property Details

Property Type

  • Other

Lot Details

  • 1,568

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: Investment, Multi-Family, Office, Retail
  • Lvt Date: 09/08/2020
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpeted, Tile/Vinyl, Wood
  • Total Building Sq Ft: 42967

Exterior Features

  • Exterior Finish: Brick
  • Frontage Access: Corner Lot, City Street
  • Roof Construction: Flat
  • Wall Construction: Block, Brick

Garage/Parking

  • Garages: Yes

Utilities

  • Cooling: Central Air, Individual Units
  • Heating: Forced Air, Individual Units
  • Water Supply: City on Premises, Municipal/City

Association/Amenities

  • Amenities: Cable

Lot Info

  • Parcel 3: 14-34.0-104-025
  • Parcel 4: 14-34.0-104-027
  • Property Use: Office Building

Tax Info

  • Annual Taxes: 76204
  • Parcel Id Number Tax Id: 14-34.0-104-013
  • Tax Incentive: None
  • Tax Year: 2019

Multi Family

  • Total Number Units: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2020
Closed on
Jul 22, 2021
Sold by
Chatterton Corp
Bought by
Cgm Management Llc
Seller's Agent
Bill Marriott
The Real Estate Group, Inc.
Buyer's Agent
Rick Hanselman
IN BETWEEN OFFICES
List Price
$1,200,000
Sold Price
$800,000
Premium/Discount to List
-$400,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$228,413
Interest Rate
2.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2012

Purchase Details

Closed on
Jul 27, 2000

Purchase Details

Closed on
Mar 30, 1999

Purchase Details

Closed on
Mar 23, 1999

Purchase Details

Closed on
May 22, 1998

Purchase Details

Closed on
Jan 31, 1997

Purchase Details

Closed on
Jun 6, 1995
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Cgm Management Llc $800,000 Cornerstone Title
Cgm Management Llc $800,000 Cornerstone Title
-- -- --
-- -- --
-- -- --
-- -- --
-- $200,000 --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cgm Management Llc $900,000
Closed Cgm Management Llc $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2021 07/15/21 Sold $800,000 -33.3% --
05/26/2021 05/26/21 Pending -- -- --
08/25/2020 08/25/20 For Sale $1,200,000 -- --
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 $560 $6,665 $3,284 $3,381
2023 $3,901 $44,119 $11,311 $32,808
2022 $5,361 $59,823 $10,728 $49,095
2021 $5,183 $57,583 $10,326 $47,257
2020 $5,080 $57,670 $10,342 $47,328
2019 $4,986 $57,469 $10,306 $47,163
2018 $4,731 $55,996 $10,258 $45,738
2017 $10,591 $126,339 $10,125 $116,214
2016 $10,576 $126,822 $9,978 $116,844
2015 $10,474 $125,306 $9,859 $115,447
2014 $10,317 $124,496 $9,795 $114,701
2013 $10,087 $124,496 $9,795 $114,701
Source: Public Records

Agents Affiliated with this Home

  • Bill Marriott

    Seller's Agent in 2021

    Bill Marriott

    The Real Estate Group, Inc.

    (217) 741-0198

    1 in this area

    29 Total Sales

    Bill Marriott
    Section Image

  • R

    Buyer's Agent in 2021

    Rick Hanselman

    IN BETWEEN OFFICES

    Section Image
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Map

Source: RMLS Alliance

MLS Number: CA1002362

RMLS Alliance

APN: 14-34.0-104-013

Illinois Sangamon County Springfield 62701 Downtown Springfield

417 E Adams St, Springfield, IL

Not Listed for Sale

Other

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