NOT LISTED FOR SALE

615 W Truitt Ave Chillicothe, IL 61523

Estimated Value: $495,768

-- Bed
-- Bath
-- Sq Ft
4 Acres

Last Sold September 06, 2022

Last sale price $365,000

Est. 36% increase in value since last sale

Current estimated payment $3,489/month

208 Days on Market

About This Home

As of September 2022

REAL OPPORTUNITY AWAITS ON THIS CENTRALLY LOCATED ICONIC LANDMARK IN CHILLICOTHE, IL. SITUATED ON 4.20 SPRAWLING ACRES THIS ALL STEELE GURTER BUILDING OFFERS 14000 SQ FT OF SPACE. PLENTY OF OUTDOOR AREA FOR DINING OUT OR OUTDOOR BANDS AND EVENTS. THE INSIDE HAS UPDATED ELECTRICAL. AND ROOF IN GREAT SHAPE. FURNACE HAS BEEN UPDATED. KITCHEN AND BAR AREA FOR RESTAURANT USE. WAS FORMER CHILLI BOWL AND CURRENT USE WAS ARCHERY RANGE AND RESTAURANT. THIS MULTI FACETED PROPERTY HAS IT ALL FOR ANY BUSINESS VENTURE.

Last Agent to Sell the Property

Scarlett Palm

MMCG Realty LLC License #471.010509 Listed on: 11/17/2021

Co-Listed By

Madeleine Palm

Jim Maloof Realty, Inc. License #475158191

Last Buyer's Agent

Ted Schieler

Jim Maloof Realty, Inc. License #000706876

Property Details

Property Type

  • Other

Year Built

  • Built in 1960

Lot Details

  • 4

Utilities

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

Property Details

Property Type

Other

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Bar/Tavern, Restaurant, Warehouse
  • Lvt Date: 11/17/2021
  • Year Built: 1960
  • Handicap Modified: Yes
  • Bar: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete, Other Flooring, Tile/Vinyl, Wood
  • Gaming Room Area: Yes
  • Total Building Sq Ft: 14000
  • Estimated Lot Sq Ft: 14000

Exterior Features

  • Exterior Finish: Block
  • Frontage Access: City Street, Inside Lot, Paved 2Lane
  • Insulation: Side Walls
  • Roof Construction: Other Roof Construction
  • Wall Construction: Block, Steel/ST Fram, Steel/WD Frame
  • Outdoor Dining Patio R: Yes

Garage/Parking

  • Numberparking Spaces Allocated: 75

Utilities

  • Electric Company: AMEREN
  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Water Supply: Municipal/City
  • Gas Company: AMEREN
  • Water Company: CITY

Association/Amenities

  • Amenities: Cable, Other Amenities, Wireless Internet

Lot Info

  • Estimated Number of Acres: 4
  • Zoning: Commercial
  • Estimated Land Size: 320X600
  • Geo Subdivision: IL
  • Lot Size Remarks: LARGE LOT 4.00 ACRES
  • Property Use: Other Property Use, Self/Mini-Storage, Warehouse, Freestanding Building, Office Building, Retail Pad

Rental Info

  • Sale Lease Includes: Building, Land, Sale/Lease Other

Tax Info

  • Annual Taxes: 959090
  • Parcel Id Number Tax Id: 05-20-280-011
  • Tax Incentive: In City Limit
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2024
Sold by
Northwoods Community Church
Bought by
Turner Land Management Llc
Total Days on Market
208
Current Estimated Value
$495,768

Purchase Details

Listed on
Nov 17, 2021
Closed on
Aug 25, 2022
Sold by
Pollack Lawrence E and Pollack Michele L
Bought by
Northwoods Community Church
Seller's Agent
Scarlett Palm
MMCG Realty LLC
Buyer's Agent
Ted Schieler
Jim Maloof Realty, Inc.
List Price
$395,000
Sold Price
$365,000
Premium/Discount to List
-$30,000
-7.59%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.14%
Source: Public Records

Range of Values:

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
Turner Land Management Llc -- None Listed On Document
Northwoods Community Church -- Laukitis Law Office Ltd
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2022 09/06/22 Sold $365,000 -7.6% --
06/13/2022 06/13/22 Pending -- -- --
11/17/2021 11/17/21 For Sale $395,000 -- --
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 $8,839 $107,700 $30,270 $77,430
2023 $8,141 $98,810 $27,770 $71,040
2022 $8,098 $96,830 $27,210 $69,620
2021 $9,494 $112,590 $27,210 $85,380
2020 $9,591 $112,590 $27,210 $85,380
2019 $9,774 $114,890 $27,770 $87,120
2018 $9,463 $114,860 $27,760 $87,100
2017 $9,469 $116,020 $28,040 $87,980
2016 $9,092 $116,020 $28,040 $87,980
2015 $7,572 $113,740 $27,490 $86,250
2014 -- $97,930 $76,660 $21,270
Source: Public Records

Agents Affiliated with this Home

  • Scarlett Palm

    Seller's Agent in 2022

    Scarlett Palm

    MMCG Realty LLC

    (309) 246-4663

    4 in this area

    47 Total Sales

    Scarlett Palm
    Section Image

  • M

    Seller Co-Listing Agent in 2022

    Madeleine Palm

    Jim Maloof Realty, Inc.

  • T

    Buyer's Agent in 2022

    Ted Schieler

    Jim Maloof Realty, Inc.

See All Agents

Map

Source: RMLS Alliance

MLS Number: PA1230388

RMLS Alliance

APN: 05-20-280-031

Illinois Peoria County Chillicothe 61523

615 W Truitt Ave, Chillicothe, IL

This home is located at 615 W Truitt Ave, Chillicothe, IL 61523 since 17 November 2021 and is currently estimated at $495,768. This property was built in 1960. 615 W Truitt Ave is a home located in Peoria County with nearby schools including Il Valley Central High School, St Edward School, and Calvary Baptist Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes