NOT LISTED FOR SALE

420 Springfield St Kincaid, IL 62540

Estimated Value: $129,215

Studio
-- Bath
1,836 Sq Ft
$70/Sq Ft Est. Value

Last Sold March 30, 2017

Current estimated payment $842/month

2,115 Days on Market

About This Home

As of March 2017

1800 Sq. Ft. restaurant space available. Seats 75 people and serves breakfast, lunch & dinner. Has been in existence over 50 years. Cement block exterior located on Il. Route 104 in Kincaid. Only restaurant in town. Some restaurant equipment and all dining room furnishings included in the sale. This building could continue to be used as a restaurant, converted to a bar or other retail use. Option to lease as well.

Last Agent to Sell the Property

Mike Buscher

The Real Estate Group, Inc. License #471000541 Listed on: 05/16/2011

The Real Estate Group, Inc.

Property Details

Property Type

Other

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Retail
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Price Per Sq Ft: 46.3
  • Total Sq Ft: 1836

Lot Info

  • Zoning: Commercial

Rental Info

  • Lease Dollar Sq Ft: 3.5
  • Lease Type: Gross
  • Sale Lease Includes: Building, Business

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2022
Sold by
Bajrami Jaclyn H
Bought by
Revocable Trust and Bajrami
Current Estimated Value
$129,215

Purchase Details

Closed on
Jan 29, 2020
Sold by
Michel Sharon
Bought by
Bajrami Jaclyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,760
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2013
Sold by
Pagliai Jean
Bought by
Michel Sharon

Purchase Details

Closed on
Sep 18, 2009
Sold by
Pagliai Jean and Long Jean
Bought by
Pagliai Jean and Michel Sharon
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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Purchase History

Date Buyer Sale Price Title Company
Revocable Trust -- None Listed On Document
Bajrami Jaclyn $85,000 None Available
Michel Sharon -- None Available
Pagliai Jean -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bajrami Jaclyn $63,760
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2017 03/30/17 Sold -- -- --
02/28/2017 02/28/17 Pending -- -- --
05/16/2011 05/16/11 For Sale $85,000 -- $46 / 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 $2,046 $29,296 $5,793 $23,503
2023 $2,548 $31,773 $5,878 $25,895
2022 $2,205 $27,896 $5,161 $22,735
2021 $2,214 $26,505 $4,904 $21,601
2020 $2,229 $25,820 $4,777 $21,043
2019 $895 $10,663 $4,721 $5,942
2018 $888 $10,304 $4,562 $5,742
2017 $830 $10,132 $4,486 $5,646
2016 $855 $9,983 $4,420 $5,563
2015 $1,069 $13,619 $4,627 $8,992
2014 $1,055 $13,333 $4,530 $8,803
2013 $882 $11,133 $4,530 $6,603
2011 $836 $10,370 $4,511 $5,859
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMACA112410

RMLS Alliance

APN: 15-12-10-315-003-00