NOT LISTED FOR SALE

5615 Mill St Richmond, IL 60071

Estimated Value: $164,000 - $205,741

3 Beds
1 Bath
1,358 Sq Ft
$131/Sq Ft Est. Value

Sale Details

Date Sold: March 31, 2025

Last sale price $161,630 $119 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,210 / mo

115 Days on Market

Highlights

  • Property is near park
  • Formal Dining Room
  • Living Room
  • Ranch Style House
  • 1 Car Attached Garage
  • Laundry Room

About This Home

As of March 2025

Welcome to an exciting opportunity in the heart of Richmond's vibrant business district! This property opens the door to endless possibilities. Currently set up as a 3-bedroom residence, it's ready to be transformed into your next venture. With zoning that allows for a live-work space, retail, office, or even a short-term rental/Airbnb, the potential is vast. Located in a bustling downtown area, this property is just minutes from popular event venues, a short drive from Lake Geneva, and surrounded by local attractions that draw steady foot traffic. Imagine the possibilities-a cozy coffee shop, boutique retail space, intimate wine bar, artist's studio, or even a pet-friendly Airbnb that taps into the steady flow of tourists and event-goers. The charm of downtown Richmond and proximity to Lake Geneva make this property perfect for a thriving business. Create a unique spot that locals and visitors alike will love!

Last Agent to Sell the Property

Amber Cawley

@properties Christie's International Real Estate License #475180674 Listed on: 11/06/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Daniel Vladic

Re/Max Advantage License #475179975

Re/Max Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,080

Year Built

  • Built in 1900

Lot Details

  • 5,284 Sq Ft Lot
  • Lot Dimensions are 55x83x54x83
  • Paved or Partially Paved Lot

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,358 Sq Ft Home
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Storage Room
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Basement Cellar

Location

  • Property is near park

Schools

  • Richmond Grade Elementary School
  • Nippersink Middle School
  • Richmond-Burton Community High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,080

Year Built

Built in 1900

Lot Details

5,284 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: Cellar, Partial
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • LivingArea: 1358
  • Room Type: Foyer, Storage
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 1

Utilities

  • Cooling: None
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Richmond Grade School
  • High School: Richmond-Burton Community High S
  • Middle/Junior School: Nippersink Middle School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.1213
  • Lot Dimensions: 55X83X54X83
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3080
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2004
Sold by
Voigt Spanbauer Susan
Bought by
Spanbauer Theodore P and Voigt Spanbauer Susan
Current Estimated Value
$177,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2004
Sold by
Tragasz Roger
Bought by
Tragasz Roger and Roger Tragasz Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2003
Sold by
Covell Michael B
Bought by
Tragsaz Roger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,300
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Spanbauer Theodore P -- Chicago Title Insurance Comp
Tragasz Roger -- --
Tragsaz Roger $69,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Spanbauer Theodore P $140,000
Closed Tragsaz Roger $48,300
Previous Owner Covell Dorothy E $45,367
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2025 03/31/25 Sold $161,630 -7.6% $119 / Sq Ft
03/02/2025 03/02/25 Pending -- -- --
02/26/2025 02/26/25 For Sale $175,000 +8.3% $129 / Sq Ft
01/29/2025 01/29/25 Off Market $161,630 -- --
12/08/2024 12/08/24 Pending -- -- --
12/02/2024 12/02/24 Off Market $161,630 -- --
11/06/2024 11/06/24 For Sale $175,000 0.0% $129 / Sq Ft
11/06/2024 11/06/24 Price Changed $175,000 -- $129 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $3,218 $47,645 $6,400 $41,245
2023 $3,080 $43,556 $5,851 $37,705
2022 $2,216 $30,029 $5,268 $24,761
2021 $2,293 $24,625 $5,056 $19,569
2020 $2,261 $23,694 $4,865 $18,829
2019 $2,241 $22,933 $4,709 $18,224
2018 $2,271 $21,985 $4,514 $17,471
2017 $2,277 $20,936 $4,299 $16,637
2016 $2,252 $19,629 $4,031 $15,598
2013 -- $18,561 $3,812 $14,749
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12197936

Midwest Real Estate Data (MRED)

APN: 04-09-334-002

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