NOT LISTED FOR SALE

4241 Conestoga Dr Springfield, IL 62711

Estimated Value: $2,035,189

Studio
-- Bath
-- Sq Ft
1.59 Acres Lot

About This Home

As of April 2020

7,116 SF restaurant property for sale and lease. Building consists of large kitchen, 2 large dining areas, bar area with seating, and 2 restrooms. The kitchen contains 2 hoods (1 grease, 1 heat capture), walk-in cooler and freezer, 3-compartment sink, veg. prep sink, 3 handwashing sinks, and various other fixtures and equipment. Building is clean and basically move-in ready. Located in Prairie Crossing with Meijer, Menards, Gander, and many other large retailers.

Last Agent to Rent the Property

Blake Pryor, CCIM

Coldwell Banker Commercial Dev License #475159138 Listed on: 02/03/2020

Last Renter's Agent

Out of Area Out of Area

OUT OF AREA FIRM License #475085083

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $27,080

Year Built

  • 2000

Lot Details

  • 1.59

Property Details

Property Type

Other

Est. Annual Taxes

$27,080

Year Built

2000

Lot Details

1.59 Acres

Rental Info

  • Lease Dollar Sq Ft: 19.5
  • Lease Type: Net

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Restaurant
  • Lvt Date: 02/07/2020
  • Special Features: None
  • Property Sub Type: Other
  • Year Built: 2000

Lot Info

  • Zoning: B-1
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 27079.84
  • Parcel Id Number Tax Id: 22190102016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2021
Sold by
Springfield Retail Management Llc
Bought by
Scarlet Oak Llc-Sweet Basil Series
Current Estimated Value
$2,035,189

Purchase Details

Closed on
Nov 23, 2021
Sold by
Springfield Retail Management Llc
Bought by
Scarlet Oaks Llc-Sweet Basil Series

Purchase Details

Closed on
Aug 16, 2019
Sold by
O Charleys Llc
Bought by
Springfield Retail Management

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,128,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2012

Purchase Details

Closed on
Aug 29, 2000
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Scarlet Oak Llc-Sweet Basil Series $12,093 Fedelity National Title
Scarlet Oaks Llc-Sweet Basil Series $1,673,183 Fedelity National Title
Springfield Retail Management $950,000 Fidelity National Title
-- -- --
-- $25,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Springfield Retail Management $4,128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2020 04/01/20 Rented -- -- --
02/03/2020 02/03/20 For Rent $1,200,000 -- --
Source: RMLS Alliance

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 $27,316 $370,501 $141,873 $228,628
2023 $25,987 $338,419 $129,588 $208,831
2022 $25,094 $321,019 $122,925 $198,094
2021 $24,392 $308,999 $118,322 $190,677
2020 $24,187 $308,318 $118,500 $189,818
2019 $25,510 $329,528 $118,087 $211,441
2018 $27,080 $355,565 $117,530 $238,035
2017 $26,532 $350,967 $116,010 $234,957
2016 $26,091 $345,848 $114,318 $231,530
2015 $26,007 $341,713 $112,951 $228,762
2014 $39,699 $339,507 $112,222 $227,285
2013 $39,382 $520,310 $293,025 $227,285
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMACA997874

RMLS Alliance

APN: 22-19.0-102-016

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