NOT LISTED FOR SALE

4650 Industrial Ave Springfield, IL 62703

Estimated Value: $2,343,720

Studio
-- Bath
72,240 Sq Ft
$32/Sq Ft Est. Value

Sale Details

Date Sold: December 18, 2019

Last sale price $1,600,000 $22 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $14,978 / mo

201 Days on Market

About This Home

As of December 2019

Motivated seller! Subject property is a large warehouse situated on 3.3 acres. Well-maintained facility and ideally located. Three dock height doors, 3 van height doors and one drive in door. Dock doors feature mechanical levelers and dock seals. Ceiling height approx. 28'. Owner would lease a portion of the building to a new tenant.

Last Agent to Sell the Property

Curtis Tillett

The Real Estate Group, Inc. License #475089421 Listed on: 03/22/2019

The Real Estate Group, Inc.

Last Buyer's Agent

Ben Call

The Real Estate Group, Inc. License #475139475

The Real Estate Group, Inc.

Property Details

Property Type

  • Other

Lot Details

  • 3.3

Utilities

  • Forced Air Heating and Cooling System

Property Details

Property Type

Other

Lot Details

3.3 Acres

Listing Details

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

Interior Features

  • Flooring: Concrete
  • Price Per Sq Ft: 22.15
  • Total Sq Ft: 72240
  • Total Building Sq Ft: 72240

Exterior Features

  • Exterior Finish: Brick
  • Frontage Access: City Street
  • Insulation: Unknown
  • Roof Construction: Flat
  • Wall Construction: Other Wall Construction

Utilities

  • Cooling: Central Air
  • Heating: Forced Air

Lot Info

  • Estimated Number of Acres: 3.3
  • Zoning: I-1
  • Geo Subdivision: IL

Rental Info

  • Lease Dollar Sq Ft: 3
  • Sale Lease Includes: Building, Land

Tax Info

  • Parcel Id Number Tax Id: 22-22.0-427-005
  • Tax Incentive: None

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2019
Closed on
Dec 26, 2019
Sold by
Bought by
Seller's Agent
Curtis Tillett
The Real Estate Group, Inc.
Buyer's Agent
Ben Call
The Real Estate Group, Inc.
List Price
$2,450,000
Sold Price
$1,600,000
Premium/Discount to List
-$850,000
-34.69%
Current Estimated Value
$2,343,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$743,720
Avg. Annual Appreciation
6.03%
Original Mortgage
$1,400,000
Interest Rate
3.7%
Mortgage Type
Construction

Purchase Details

Closed on
May 26, 2006

Purchase Details

Closed on
Oct 1, 2001
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
$1,600,000 Commonwealth Land Title
$3,000,000 --
$2,700,000 --
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
Closed $1,400,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
12/18/2019 12/18/19 Sold $1,600,000 -34.7% $22 / Sq Ft
10/09/2019 10/09/19 Pending -- -- --
03/22/2019 03/22/19 For Sale $2,450,000 -- $34 / Sq Ft
Source: RMLS Alliance

Tax 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.

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
2025 $80,586 $1,042,345 $37,606 $1,004,739
2024 $79,945 $972,156 $35,074 $937,082
2023 $76,795 $887,976 $32,037 $855,939
2022 $73,768 $842,322 $30,390 $811,932
2021 $72,978 $810,782 $29,252 $781,530
2020 $55,359 $628,451 $29,296 $599,155
2019 $74,393 $857,507 $29,194 $828,313
2018 $81,232 $961,422 $28,922 $932,500
2017 $79,550 $948,990 $28,548 $920,442
2016 $77,988 $935,150 $28,132 $907,018
2015 $77,232 $923,970 $27,796 $896,174
2014 $76,075 $918,002 $27,616 $890,386
2013 $74,377 $918,002 $27,616 $890,386
Source: Public Records

Agents Affiliated with this Home

  • Curtis Tillett

    Seller's Agent in 2019

    Curtis Tillett

    The Real Estate Group, Inc.

    (217) 553-7022

    33 Total Sales

    Curtis Tillett
    Section Image
  • Ben Call

    Buyer's Agent in 2019

    Ben Call

    The Real Estate Group, Inc.

    (217) 321-8133

    213 Total Sales

    Ben Call
    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMACA191817

RMLS Alliance

APN: 22-22.0-427-005

Illinois Sangamon County Springfield 62703

4650 Industrial Ave, Springfield, IL

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Listings courtesy of RMLS Alliance as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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