NOT LISTED FOR SALE

524 S Main St Morton, IL 61550

Estimated Value: $185,319

Studio
-- Bath
-- Sq Ft
6,752 Sq Ft Lot

Last Sold November 06, 2012

Last sale price $130,000

Est. 43% increase in value since last sale

Current estimated payment $1,242/month

112 Days on Market

About This Home

As of November 2012

PRIME OFFICE OR RETAIL SPACE READY FOR OCCUPANCY NEAR DOWNTOWN MORTON. 1060 MAIN FLOOR SPACE WITH OPEN "RECEPTION" OR ENTRY AREA, LARGE OPEN SPACES ALREADY DEMISED AND READY FOR COMMERCIAL USE. PERFECT LOCATION FOR PROFESSIONAL, SMALL MEDICAL, RETAIL OR SALON. AMPLE PRIVATE PARKING IN REAR. MINUTES FOR I-55 AND I-74.

Last Agent to Sell the Property

Justin Ferrill

Coldwell Banker Real Estate Group License #475132056 Listed on: 06/01/2012

Last Buyer's Agent

Justin Ferrill

Coldwell Banker Real Estate Group License #475132056 Listed on: 06/01/2012

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,951

Year Built

  • Built in 1951

Lot Details

  • 6,752

Utilities

  • Central Air
  • Radiant Heating System

Property Details

Property Type

Other

Est. Annual Taxes

$1,951

Year Built

Built in 1951

Lot Details

6,752 Sq Ft Lot

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office
  • Year Built: 1951
  • Handicap Modified: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other Flooring
  • Total Building Sq Ft: 2120
  • Estimated Lot Sq Ft: 6750

Exterior Features

  • Exterior Finish: Brick
  • Frontage Access: Paved 2Lane
  • Insulation: Roof, Side Walls
  • Roof Construction: Comp Shingle
  • Wall Construction: Frame

Garage/Parking

  • Numberparking Spaces Allocated: 8

Utilities

  • Cooling: Central Air
  • Heating: Radiant/Base
  • Security System: Yes
  • Water Supply: Municipal/City

Association/Amenities

  • Amenities: Computer Cabling, Cable

Lot Info

  • Zoning: comm
  • Geo Subdivision: IL

Rental Info

  • Lease Type: Gross
  • Sale Lease Includes: Building, Land
  • Terms Lease: N/A

Tax Info

  • Annual Taxes: 1950.88
  • Parcel Id Number Tax Id: 060620227004
  • Tax Incentive: None
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2019
Sold by
Mcdonald David
Bought by
E11even Developments Llc
Current Estimated Value
$185,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Outstanding Balance
$96,548
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$88,771

Purchase Details

Listed on
Jun 1, 2012
Closed on
Nov 2, 2012
Sold by
Delicath Steven L and Delicath Cristy S
Bought by
Mcdonald David
Seller's Agent
Justin Ferrill
Coldwell Banker Real Estate Group
Buyer's Agent
Justin Ferrill
Coldwell Banker Real Estate Group
List Price
$150,000
Sold Price
$130,000
Premium/Discount to List
-$20,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.68%
Original Mortgage
$124,800
Interest Rate
6%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 30, 2007
Sold by
Menold Pork Farms
Bought by
Delicath Cristy S and Delicath Steven L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,200
Interest Rate
6.72%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 28, 2007
Sold by
Dausmann Donna R
Bought by
Menold Pork Farm
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
E11even Developments Llc $130,000 Hometown Title
Mcdonald David $130,000 None Available
Delicath Cristy S $139,000 None Available
Menold Pork Farm $83,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open E11even Developments Llc $110,000
Previous Owner Mcdonald David $124,800
Previous Owner Delicath Cristy S $111,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2012 11/06/12 Sold $130,000 -13.3% --
09/21/2012 09/21/12 Pending -- -- --
06/01/2012 06/01/12 For Sale $150,000 -- --
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 $3,208 $46,960 $9,680 $37,280
2023 $3,208 $43,750 $9,020 $34,730
2022 $3,102 $40,170 $8,280 $31,890
2021 $2,983 $38,620 $7,960 $30,660
2020 $2,892 $38,240 $7,880 $30,360
2019 $2,348 $31,130 $6,690 $24,440
2018 $2,305 $31,130 $6,690 $24,440
2017 $2,246 $29,680 $6,370 $23,310
2016 $2,202 $29,680 $6,370 $23,310
2015 $2,126 $0 $0 $0
2013 $2,104 $29,680 $6,370 $23,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAPA7027448

RMLS Alliance

APN: 06-06-20-227-004

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