NOT LISTED FOR SALE

525 E Main St Lena, IL 61048

Estimated Value: $171,500

-- Bed
-- Bath
3,096 Sq Ft
$55/Sq Ft Est. Value

Last Sold October 09, 2024

Last sale price $180,000 $58 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,124/month

2 Days on Market

Highlights

  • Commercial or Retail Space
  • Forced Air Heating System
  • Concrete Flooring
  • Lena-Winslow Elementary School Rated A-

About This Home

As of October 2024

Commercial Property built in 1987 and located in Lena's TIF district on a triangular lot featuring 3096 sqft of finished commercial space, an overhead garage door in main building and a 2-stall attached garage.

Last Agent to Sell the Property

ADAM WERHANE

PAT BROWN REALTY License #471020306 Listed on: 08/14/2024

Last Buyer's Agent

ADAM WERHANE

PAT BROWN REALTY License #471020306 Listed on: 08/14/2024

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,698

Year Built

  • Built in 1987

Lot Details

  • 10,454

Home Design

  • Commercial or Retail Space
  • Slab Foundation
  • Fire Rated Drywall
  • Metal Roof

Interior Spaces

  • 3,096 Sq Ft Home
  • Concrete Flooring

Utilities

  • No Cooling
  • Forced Air Heating System

Property Details

Property Type

Other

Est. Annual Taxes

$2,698

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Class: COMMERCIAL/INDUSTRIAL
  • Exemptions: None
  • Type: Commercial
  • Agent Only_ L A1 User Code: F_2974
  • Hold Earnest Money Y N: Yes
  • Additional Owner Info: Brenda Werhane, Trustee
  • Designated Managing Broker Y N: Yes
  • Merc Manuf Sq Ft: 3096
  • Number Doors: 2
  • Assessor Parcel Number: 110733454009
  • Sprinkler Yn: No
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Walls: Drywall
  • Insulation: Unknown
  • Basement: Slab
  • Total Finished Sq Ft: 3096
  • Flooring: Concrete

Exterior Features

  • Exterior: Aluminum
  • Roof: Metal

Utilities

  • Sewer: City
  • Water: City
  • Water Heater: Other
  • Air Conditioner: None
  • Heat: Gas Forced Air

Building Info

  • Year Built: 1987

Tax Info

  • Year: 2023
  • Taxes: 2698

Multi Family

  • Lease: No

MLS Schools

  • School District: Lena Winslow 202

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2005
Current Estimated Value
$171,500
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
-- $69,400 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2024 10/09/24 Sold $180,000 +2.9% $58 / Sq Ft
08/16/2024 08/16/24 Pending -- -- --
08/14/2024 08/14/24 For Sale $175,000 -- $57 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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
2023 $2,698 $25,600 $2,540 $23,060
2022 $2,458 $25,600 $2,540 $23,060
2021 $2,355 $24,528 $2,534 $21,994
2020 $2,385 $24,528 $2,534 $21,994
2019 $2,356 $24,047 $2,484 $21,563
2018 $2,301 $23,234 $2,400 $20,834
2017 $2,314 $23,234 $2,400 $20,834
2016 $2,308 $23,234 $2,400 $20,834
2015 $2,321 $23,004 $2,376 $20,628
2013 $2,452 $23,780 $2,531 $21,249
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202404428

NorthWest Illinois Alliance of REALTORS®

APN: 11-07-33-454-009