NOT LISTED FOR SALE

671 10th Ave W Milan, IL 61264

-- Bed
-- Bath
2,520 Sq Ft
0.25 Acres

Last Sold May 31, 2017

Last sale price $105,000 $42 Per Sq Ft

About This Home

As of May 2017

Stand alone 2500 sq ft block building with many potential uses retail or industrial, many updates, roof 2010, windows 2011, furnace a/c 2012. Seller pave back parking lot for extra parking. Building is built out as a massage and hair dressing business currently, has bathroom, kitchen, laundry, reception area and treatment rooms. Easily could be converted back to industrial space has rear overhead door and garage space. Current owner would prefer a lease back to new owner for 5 year lease to continue to operate current business. Great investment opportunity!!!

Last Agent to Sell the Property

Grant McCaulley

eXp Realty License #475.155783/S61750 Listed on: 04/20/2017

eXp Realty

Last Buyer's Agent

Grant McCaulley

eXp Realty License #475.155783/S61750 Listed on: 04/20/2017

eXp Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,599

Year Built

  • Built in 1965

Lot Details

  • 0.25

Utilities

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

Listing and Financial Details

  • Tenant pays for internal maintenance, janitorial, trash, gas, electric, cooling
  • The owner pays for real estate taxes, insurance, structural maintenance, common area maintenance

Property Details

Property Type

Other

Est. Annual Taxes

$3,599

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Industrial, Office, Retail
  • Year Built: 1965
  • Handicap Modified: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Min Ceiling Ht Feet: 8
  • Min Ceiling Ht Inches: 96
  • Total Building Sq Ft: 2520
  • Estimated Lot Sq Ft: 10874

Exterior Features

  • Exterior Finish: Concrete
  • Frontage Access: City Street
  • Insulation: Roof, Side Walls
  • Roof Construction: Comp Shingle
  • Wall Construction: Block

Garage/Parking

  • Numberparking Spaces Allocated: 8

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Security System: Yes
  • Water Supply: Municipal/City

Lot Info

  • Estimated Number of Acres: 0.25
  • Zoning: C
  • Property Use: Freestanding Building, Street Retail

Rental Info

  • Owner Pays: Real Estate Taxes, Insurance, Structural Maintenance, Common Area Maint
  • Sale Lease Includes: Building
  • Tenant Pays: Internal Maintenance, Janitorial, Trash, Gas, Electric, Cooling
  • Terms Lease: 5 Years

Tax Info

  • Annual Taxes: 3599
  • Parcel Id Number Tax Id: 111168
  • Tax Incentive: In City Limit
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2017
Closed on
Jun 7, 2017
Sold by
Gunther John A and Gunther Paulette
Bought by
Foley Sam
Seller's Agent
Grant McCaulley
eXp Realty
Buyer's Agent
Grant McCaulley
eXp Realty
List Price
$115,000
Sold Price
$105,000
Premium/Discount to List
-$10,000
-8.7%

Purchase Details

Closed on
Apr 1, 1999
Source: Public Records

Range of Values:

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Average Value
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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
Foley Sam $105,000 Brooks Law Firm Pc
-- $60,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2017 05/31/17 Sold $105,000 -8.7% $42 / Sq Ft
04/28/2017 04/28/17 Pending -- -- --
04/20/2017 04/20/17 For Sale $115,000 -- $46 / Sq Ft
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 $4,718 $51,191 $15,242 $35,949
2023 $4,718 $47,842 $14,245 $33,597
2022 $4,245 $44,135 $13,141 $30,994
2021 $4,217 $41,794 $12,444 $29,350
2020 $4,131 $40,735 $12,129 $28,606
2019 $4,030 $40,332 $12,009 $28,323
2018 $4,030 $39,854 $11,867 $27,987
2017 $3,679 $39,111 $11,646 $27,465
2016 $3,591 $38,916 $11,588 $27,328
2015 $3,599 $38,711 $11,527 $27,184
2014 $809 $37,878 $11,279 $26,599
2013 $809 $37,878 $11,279 $26,599
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC7037082

RMLS Alliance

APN: 16-23-401-026