NOT LISTED FOR SALE

519 Broadway St Unit 521 Lincoln, IL 62656

Estimated Value: $113,507

-- Bed
-- Bath
-- Sq Ft
7,144 Sq Ft Lot

Last Sold July 14, 2022

Last sale price $10,000

Est. 1,035% increase in value since last sale

Current estimated payment $848/month

352 Days on Market

About This Home

As of July 2022

Nearly 5,000 square foot all brick two story commercial structure situated just off of the historic downtown Lincoln, Illinois square! Main floor features two separate business locations. One location features a large open area in addition to a bath. Other side features a large open area, various additional storage/work spaces, and two separate baths. A full basement can also be found within (each side is separate). Upper level has endless potential and could be truly stunning with some imagination/creativity -- features wonderfully high ceilings in addition to a separate exterior access point. Rear off-street parking can be found with this property as well. New roof installed in 2021 by Sundown Exteriors -- nearly $30,000! NOTE -- Asking price reflects letter from Fendrich Engineering, Inc. dated June 16th, 2021 offering insight as to the structural integrity of structure. Property being sold AS IS -- NO REPAIRS!

Last Agent to Sell the Property

Seth Goodman

ME Realty License #475126097 Listed on: 06/21/2021

Last Buyer's Agent

Non-Member Non-Member

Non-Member

Property Details

Property Type

  • Other

Lot Details

  • 7,144

Utilities

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

Listing and Financial Details

  • The owner pays for real estate taxes

Property Details

Property Type

Other

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Retail
  • Lvt Date: 06/23/2021
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpeted, Tile/Vinyl
  • Total Building Sq Ft: 4750
  • Estimated Lot Sq Ft: 7200

Exterior Features

  • Exterior Finish: Brick
  • Frontage Access: City Street
  • Insulation: None
  • Roof Construction: Sloped
  • Wall Construction: Brick

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Water Supply: Municipal/City

Lot Info

  • Zoning: Commercial
  • Estimated Land Size: 60X120
  • Geo Subdivision: IL
  • Irregular Lot: No

Rental Info

  • Owner Pays: Real Estate Taxes
  • Sale Lease Includes: Building
  • Terms Lease: Month to Month

Tax Info

  • Annual Taxes: 2671.28
  • Parcel Id Number Tax Id: 08-210-177-00
  • Tax Incentive: None
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2021
Closed on
Jul 13, 2022
Sold by
Jaymar Llc
Bought by
Michniowski Stanislaw
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Non-Member Non-Member
Non-Member
List Price
$35,000
Sold Price
$10,000
Premium/Discount to List
-$25,000
-71.43%
Current Estimated Value
$113,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,507
Avg. Annual Appreciation
105.62%

Purchase Details

Closed on
Feb 28, 2020
Sold by
Integrity Holdings Llc
Bought by
Vigdoff Jason

Purchase Details

Closed on
Sep 28, 2017
Sold by
Mmil Properties
Bought by
Integrity Holding Llc

Purchase Details

Closed on
Sep 27, 2017
Sold by
Eckerts Steffens Inc
Bought by
Mmil Properties

Purchase Details

Closed on
Aug 27, 2009
Sold by
Steffens Eckerts and Steffens Inc,
Bought by
Eckerts/Steffens Inc
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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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
Michniowski Stanislaw $10,000 None Available
Vigdoff Jason $75,000 None Available
Integrity Holding Llc $250,000 --
Mmil Properties $60,000 --
Eckerts/Steffens Inc -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2022 07/14/22 Sold $10,000 -33.3% --
06/08/2022 06/08/22 Pending -- -- --
08/01/2021 08/01/21 Price Changed $15,000 -57.1% --
06/21/2021 06/21/21 For Sale $35,000 -- --
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 $2,977 $32,470 $24,050 $8,420
2023 $2,886 $30,070 $22,270 $7,800
2022 $2,773 $28,100 $20,810 $7,290
2021 $2,671 $26,980 $19,980 $7,000
2020 $2,637 $26,580 $19,680 $6,900
2019 $2,633 $26,580 $19,680 $6,900
2018 $2,612 $26,050 $19,290 $6,760
2017 $2,596 $26,050 $19,290 $6,760
2016 $2,529 $26,020 $19,270 $6,750
2015 $2,377 $25,140 $18,620 $6,520
2014 $2,377 $25,140 $18,620 $6,520
2013 $2,377 $23,860 $17,670 $6,190
2012 $2,377 $23,490 $17,190 $6,300
Source: Public Records

Agents Affiliated with this Home

  • Seth Goodman

    Seller's Agent in 2022

    Seth Goodman

    ME Realty

    (217) 737-3742

    953 in this area

    1,880 Total Sales

    Seth Goodman
    Section Image

  • N

    Buyer's Agent in 2022

    Non-Member Non-Member

    Non-Member

See All Agents

Map

Source: RMLS Alliance

MLS Number: CA1008008

RMLS Alliance

APN: 08-210-177-00

Illinois Logan County Lincoln 62656

519 Broadway St Unit 521, Lincoln, IL

Not Listed for Sale

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