NOT LISTED FOR SALE

418 1st Ave W Milan, IL 61264

-- Bed
-- Bath
11,704 Sq Ft
0.29 Acres

Last Sold April 10, 2017

Last sale price $279,000 $24 Per Sq Ft

About This Home

As of April 2017

Pard's Western Wear - bldg is mostly open space with good parking on east side as well as in front. Visible from all locations and good traffic count.

Last Agent to Sell the Property

David Levin

Hawkeye Commercial Real Estate License #475.081178/B27165000 Listed on: 04/10/2017

Last Buyer's Agent

David Levin

Hawkeye Commercial Real Estate License #475.081178/B27165000 Listed on: 04/10/2017

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $12,584

Year Built

  • Built in 1975

Lot Details

  • 0.29

Utilities

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

Listing and Financial Details

  • Tenant pays for all
  • The owner pays for all

Property Details

Property Type

Other

Est. Annual Taxes

$12,584

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Retail
  • Year Built: 1975
  • Handicap Modified: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpeted, Tile/Vinyl
  • Maximum Ceiling Ht Feet: 14
  • Min Ceiling Ht Feet: 10
  • Total Building Sq Ft: 11704
  • Estimated Lot Sq Ft: 12,600

Exterior Features

  • Exterior Finish: Wood Siding
  • Frontage Access: Paved 2Lane
  • Insulation: Roof, Side Walls
  • Roof Construction: Other Roof Construction
  • Wall Construction: Frame

Garage/Parking

  • Numberparking Spaces Allocated: 15

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas

Lot Info

  • Estimated Number of Acres: 0.29
  • Zoning: B-2
  • Property Use: Anchor

Rental Info

  • Owner Pays: All
  • Sale Lease Includes: Building, Land
  • Tenant Pays: All
  • Terms Lease: 3 Years, 4 Years, 5 Years

Tax Info

  • Annual Taxes: 12583.8
  • Parcel Id Number Tax Id: 11780
  • Tax Incentive: In City Limit
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2022
Sold by
Right Way Enterprises Inc
Bought by
Milan Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,295,000
Outstanding Balance
$1,193,991
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 1988
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
Milan Llc $900,000 Katz Nowinski Pc
-- $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Milan Llc $1,295,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2017 04/10/17 Sold $279,000 0.0% $24 / Sq Ft
04/10/2017 04/10/17 Pending -- -- --
04/10/2017 04/10/17 For Sale $279,000 -- $24 / Sq Ft
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 $13,079 $141,908 $19,928 $121,980
2023 $13,079 $132,624 $18,624 $114,000
2022 $11,766 $122,347 $17,181 $105,166
2021 $11,691 $115,859 $16,270 $99,589
2020 $11,453 $112,923 $15,858 $97,065
2019 $11,487 $111,805 $15,701 $96,104
2018 $11,170 $110,479 $15,515 $94,964
2017 $10,199 $108,419 $15,226 $93,193
2016 $9,955 $107,879 $15,150 $92,729
2015 $9,977 $107,310 $15,070 $92,240
2014 $2,998 $140,361 $14,746 $125,615
2013 $2,998 $140,361 $14,746 $125,615
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC7037019

RMLS Alliance

APN: 16-23-205-003