NOT LISTED FOR SALE

435 1st St E Milan, IL 61264

Studio
-- Bath
1,000 Sq Ft
2.91 Acres Lot

Sale Details

Date Sold: September 26, 2012

Last sale price $565,000 $565 Per Sq Ft

163 Days on Market

About This Home

As of September 2012

Former "Flooring Express" building. Excellent condition. 12,000sf retail, 7,000 sf warehouse, 1,000 sf office. Steel building with steel roof. 2.91 acres. Large 12 x 18 marquis sign. Great location next to City Hall and across from McDonald's on Hwy 67.

Last Agent to Sell the Property

David Levin

Hawkeye Commercial Real Estate License #475.081178/B27165000 Listed on: 03/20/2012

Last Buyer's Agent

David Levin

Hawkeye Commercial Real Estate License #475.081178/B27165000 Listed on: 03/20/2012

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $15,050

Year Built

  • Built in 1967

Lot Details

  • 2.91

Utilities

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

Listing and Financial Details

  • The owner pays for all

Property Details

Property Type

Other

Est. Annual Taxes

$15,050

Year Built

Built in 1967

Lot Details

2.91 Acres

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Industrial
  • Year Built: 1967
  • Handicap Modified: Yes
  • Three Phase: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete, Carpeted, Tile/Vinyl
  • Maximum Ceiling Ht Feet: 25
  • Min Ceiling Ht Feet: 15
  • Total Building Sq Ft: 20462
  • Estimated Lot Sq Ft: 126760

Exterior Features

  • Exterior Finish: Steel
  • Frontage Access: Paved 4Lane, Inside Lot
  • Insulation: Roof, Side Walls
  • Roof Construction: Metal
  • Wall Construction: Steel/ST Fram

Garage/Parking

  • Numberparking Spaces Allocated: 30

Utilities

  • Cooling: Central Air, Individual Control
  • Heating: Forced Air, Gas, Electric
  • Security System: Yes
  • Sprinkler: Yes
  • Water Supply: Municipal/City

Lot Info

  • Estimated Number of Acres: 2.91
  • Zoning: B-3

Rental Info

  • Owner Pays: All
  • Sale Lease Includes: Building, Land
  • Tenant Pays: N/A
  • Terms Lease: N/A

Tax Info

  • Annual Taxes: 15050
  • Parcel Id Number Tax Id: 11-1863
  • Estimated Taxes Sq Ft: 0.74
  • Tax Incentive: In City Limit
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2012
Closed on
Sep 1, 2012
Seller's Agent
David Levin
Hawkeye Commercial Real Estate
Buyer's Agent
David Levin
Hawkeye Commercial Real Estate
List Price
$725,000
Sold Price
$565,000
Premium/Discount to List
-$160,000
-22.07%
Source: Public Records
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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
-- $565,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2012 09/26/12 Sold $565,000 -22.1% $565 / Sq Ft
08/30/2012 08/30/12 Pending -- -- --
03/20/2012 03/20/12 For Sale $725,000 -- $725 / Sq Ft
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 $21,939 $238,040 $39,316 $198,724
2023 $21,939 $222,467 $36,744 $185,723
2022 $19,737 $205,228 $33,897 $171,331
2021 $19,610 $194,344 $32,099 $162,245
2020 $19,211 $189,420 $31,286 $158,134
2019 $19,268 $187,544 $30,976 $156,568
2018 $18,737 $185,320 $30,609 $154,711
2017 $17,107 $181,864 $30,038 $151,826
2016 $16,699 $180,960 $29,889 $151,071
2015 $16,737 $180,006 $29,731 $150,275
2014 $3,763 $176,131 $29,091 $147,040
2013 $3,763 $176,131 $29,091 $147,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC7027039

RMLS Alliance

APN: 16-24-301-002

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