NOT LISTED FOR SALE

465 Us Highway 6 E Geneseo, IL 61254

Studio
-- Bath
26,000 Sq Ft
4.33 Acres

About This Home

As of September 2014

Immediate possession in former Geneseo Country Market Grocery. May be subdivided to accommodate 2 tenants. Seller may entertain offer to purchase.

Last Agent to Rent the Property

Ted Rebitzer

Quad Cities Iowa Realty - Davenport License #B38620000/475.137470 Listed on: 09/25/2014

Quad Cities Iowa Realty - Davenport

Last Renter's Agent

Andy Doyle

Quad Cities Iowa Realty - Davenport License #S42125000/475.135212

Quad Cities Iowa Realty - Davenport

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $34,574

Year Built

  • Built in 1977

Lot Details

  • 4.33

Utilities

  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Tenant pays for all
  • The owner pays for structural maintenance

Property Details

Property Type

Other

Est. Annual Taxes

$34,574

Year Built

Built in 1977

Lot Details

0

Rental Info

  • Lease Dollar Sq Ft: 3.25
  • Owner Pays: Structural Maintenance
  • Sale Lease Includes: Building, Land
  • Tenant Pays: All
  • Terms Lease: 2 Years, 3 Years, 4 Years, 5 Years

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Retail
  • Year Built: 1977
  • Handicap Modified: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete, Terazzo
  • Min Ceiling Ht Feet: 20
  • Total Building Sq Ft: 46983
  • Estimated Lot Sq Ft: 188618

Exterior Features

  • Exterior Finish: Brick, Other Exterior Finish
  • Frontage Access: Paved 2Lane
  • Insulation: Party Walls, Roof, Side Walls
  • Roof Construction: Membrane
  • Wall Construction: Frame, Steel/ST Fram

Garage/Parking

  • Numberparking Spaces Allocated: 234

Utilities

  • Cooling: Central Air, Individual Units, Other Cooling
  • Heating: Forced Air, Zones
  • Security System: Yes
  • Water Supply: Municipal/City

Lot Info

  • Estimated Number of Acres: 4.33
  • Zoning: B-2
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 34574.06
  • Parcel Id Number Tax Id: 0828201012
  • Tax Incentive: In City Limit
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2019
Sold by
Sauk Valley Bank & Trust Co
Bought by
L & L Properties Of Sterling Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,360,000
Interest Rate
4.77%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 25, 2014
Closed on
Sep 15, 2014
Sold by
Gobosh Holdings Llc
Bought by
Sauk Valley Bank & Trust Co
Seller's Agent
Ted Rebitzer
Quad Cities Iowa Realty - Davenport
Buyer's Agent
Andy Doyle
Quad Cities Iowa Realty - Davenport
Sold Price
$773,500
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
L & L Properties Of Sterling Llc $1,200,000 Attorney
Sauk Valley Bank & Trust Co -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed L & L Properties Of Sterling Llc $1,360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2014 09/25/14 Rented $773,500 0.0% --
09/25/2014 09/25/14 Under Contract -- -- --
09/25/2014 09/25/14 For Rent $773,500 -- --
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 $28,525 $350,952 $63,838 $287,114
2023 $27,838 $350,952 $63,838 $287,114
2022 $28,521 $350,952 $63,838 $287,114
2021 $28,666 $350,952 $63,838 $287,114
2020 $27,648 $343,231 $62,434 $280,797
2019 $27,694 $350,952 $63,838 $287,114
2018 $27,799 $350,952 $63,838 $287,114
2017 $26,821 $350,952 $63,838 $287,114
2016 $27,345 $334,240 $60,798 $273,442
2015 $46,302 $334,240 $60,798 $273,442
2013 $46,302 $448,013 $60,798 $387,215
Source: Public Records

Agents Affiliated with this Home

  • Ted Rebitzer

    Landlord's Agent in 2014

    Ted Rebitzer

    Quad Cities Iowa Realty - Davenport

    (563) 650-5650

    49 Total Sales

    Ted Rebitzer
    Section Image
  • Andy Doyle

    Tenant's Agent in 2014

    Andy Doyle

    Quad Cities Iowa Realty - Davenport

    (563) 332-6682

    38 Total Sales

    Andy Doyle
    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMAQC7032319

RMLS Alliance

APN: 08-28-201-012

Illinois Henry County Geneseo 61254

465 Us Highway 6 E, Geneseo, IL

Not Listed for Sale

Other

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