NOT LISTED FOR SALE

Estimated Value: $41,802

Studio
-- Baths
4,700 Sq Ft
$9/Sq Ft Est. Value

Sale Details

Date Sold: July 12, 2024

Last sale price $66,500 $14 Per Sq Ft

Est. 37% decrease in value since last sale

Current estimated payment $272 / mo

16 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • 1-minute walk to Old Mill Park
  • Paneling

About This Home

As of July 2024

Commercial property right in Downtown Savanna, River walk and all Downtown amenities, Main level has many possibilities, retail space, restaurant, office, Bar... hardwood floors, high metal ceilings, Prep kitchen & partially exposed kitchen area, some kitchen equipment still in place. Upper floor 2,700 SF, hardwood floors; 2 apartments-Back apartment offers River view and , Deck off the back,. front apartment offers 3 bedrooms, 2 car garage available. Both apartments have newer windows, updated kitchens and baths..both apartments need some finishing work to be completely finished. Front apartment is pretty much move in ready, both apartments offer lots of character, built-ins and still have a modern feel. Multiple opportunities w/ this commercial property, Bed and Breakfast, full time rental, live in business location and much more!! central air on main level Restaurant exhaust system in place as well..

Last Agent to Sell the Property

Deanna Shepherd

MEL FOSTER CO. License #471007664 Listed on: 05/14/2024

MEL FOSTER CO.

Last Buyer's Agent

Justin Bauer

JIM SULLIVAN REALTY License #475203384

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Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,175

Year Built

  • Built in 1915

Lot Details

  • 3,485 Sq Ft Lot
  • Property is zoned B1

Home Design

  • Brick Exterior Construction
  • Plaster Walls
  • Fire Rated Drywall
  • Rolled or Hot Mop Roof

Interior Spaces

  • 4,700 Sq Ft Home
  • Paneling
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Property Details

Property Type

Other

Est. Annual Taxes

$1,175

Year Built

Built in 1915

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Electric: Circuit Breaker
  • Class: COMMERCIAL/INDUSTRIAL
  • Exemptions: None
  • Type: Business w/ Real Estate
  • Agent Only_ L A1 User Code: F_3867
  • Hold Earnest Money Y N: Yes
  • Designated Managing Broker Y N: Yes
  • Number Doors: 3
  • Assessor Parcel Number: 080704403011
  • Sprinkler Yn: No
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Walls: Drywall, Panel, Plaster
  • Insulation: Unknown
  • Basement: Full, Unfinished
  • Total Finished Sq Ft: 4700
  • Flooring: Wood, Tile

Exterior Features

  • Exterior: Brick, Other
  • Roof: Rolled

Garage/Parking

  • Parking: Main, Alley, side streets

Utilities

  • Sewer: City
  • Water: City
  • Water Heater: Electric
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Lot Info

  • Number Of Acres: 0.08

Building Info

  • Year Built: 1915

Rental Info

  • Tenant: O

Tax Info

  • Year: 2021
  • Taxes: 1175

Multi Family

  • Lease: No

MLS Schools

  • School District: West Carroll

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
May 14, 2024
Closed on
Jul 11, 2024
Sold by
Bought by
Seller's Agent
Deanna Shepherd
MEL FOSTER CO.
Buyer's Agent
Justin Bauer
JIM SULLIVAN REALTY
List Price
$74,000
Sold Price
$66,500
Premium/Discount to List
-$7,500
-10.14%
Current Estimated Value
$41,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,698

Purchase Details

Closed on
Sep 17, 2018
Sold by
Bought by

Purchase Details

Closed on
Feb 13, 2014
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$66,500 Attorney Only
$29,000 Attorney Only
$90,000 --
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
07/12/2024 07/12/24 Sold $66,500 -16.9% $14 / Sq Ft
05/30/2024 05/30/24 Pending -- -- --
05/23/2024 05/23/24 Price Changed $80,000 +8.1% $17 / Sq Ft
05/14/2024 05/14/24 For Sale $74,000 -- $16 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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 $1,822 $29,067
2024 $1,917 $27,683
2023 $1,917 $40,400 $8,080 $32,320
2022 $1,847 $31,180 $6,230 $24,950
2021 $1,941 $28,810 $5,760 $23,050
2020 $1,910 $27,960 $5,590 $22,370
2019 $1,845 $26,550 $5,310 $21,240
2018 $2,030 $24,730 $4,940 $19,790
2017 $1,695 $24,670 $4,930 $19,740
2016 $575 $7,900 $1,580 $6,320
2015 $547 $7,900 $1,580 $6,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202402287

NorthWest Illinois Alliance of REALTORS®

APN: 08-07-04-403-011

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