NOT LISTED FOR SALE

6926 N University St Unit 521 W Peoria, IL 61614

North Peoria Neighborhood

Estimated Value: $1,815,607

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

Last Sold November 30, 2016

Last sale price $1,350,000

Est. 34% increase in value since last sale

Current estimated payment $12,169/month

181 Days on Market

About This Home

As of November 2016

Longstanding locally owned and managed strip center located in the heart of northern Peoria. Some long term tenants include: Dixon's Fish Shoppe, Dr. Meagher & Dr. Rick Dentists, Yen Ching Restaurant. Property is being sold "AS-IS", however, recent building inspection report is available. Great location with high traffic count. 1 business day notice for showings. Agents related to sellers.

Last Agent to Sell the Property

Kim Batton

Horan Realty, LLC License #471003794 Listed on: 03/10/2016

Co-Listed By

Stephen Horan

S/D Horan Real Estate Services License #471018870

Last Buyer's Agent

Mike O'Bryan

RE/MAX Traders Unlimited License #471006473

RE/MAX Traders Unlimited

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $46,505

Year Built

  • Built in 1969

Lot Details

  • 4

Utilities

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

Listing and Financial Details

  • Tenant pays for insurance, internal maintenance, janitorial, trash, gas, electric, heating, cooling, water/sewer
  • The owner pays for real estate taxes, insurance, structural maintenance, common area maintenance, snow/lawn

Property Details

Property Type

Other

Est. Annual Taxes

$46,505

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office, Retail
  • Lvt Date: 03/11/2016
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete, Carpeted, Other Flooring, Tile/Vinyl
  • Maximum Ceiling Ht Feet: 9
  • Other Access: None
  • Total Building Sq Ft: 31470
  • Estimated Lot Sq Ft: See plat

Exterior Features

  • Exterior Finish: Brick, Glass, Concrete
  • Frontage Access: Paved 4Lane, City Street
  • Insulation: Roof, Side Walls
  • Roof Construction: Membrane, Flat
  • Wall Construction: Block, Brick, Frame

Utilities

  • Cooling: Central Air, Individual Control, Individual Units
  • Heating: Forced Air, Gas, Individual Units
  • Water Supply: Municipal/City

Lot Info

  • Estimated Number of Acres: 4
  • Zoning: C-1
  • Geo Subdivision: IL

Rental Info

  • Lease Type: Gross
  • Owner Pays: Real Estate Taxes, Insurance, Structural Maintenance, Common Area Maint, Snow/Lawn
  • Sale Lease Includes: Building, Land
  • Tenant Pays: Insurance, Internal Maintenance, Janitorial, Trash, Gas, Electric, Heating, Cooling, Water/Sewer
  • Terms Lease: Yearly, 2 Years, 3 Years

Tax Info

  • Annual Taxes: 46505
  • Parcel Id Number Tax Id: 1408327014
  • Tax Incentive: In City Limit
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2016
Closed on
Nov 30, 2016
Sold by
Horan & Co
Bought by
Sri Sai N Llc
Seller's Agent
Kim Batton
Horan Realty, LLC
Buyer's Agent
Mike O'Bryan
RE/MAX Traders Unlimited
List Price
$1,650,000
Sold Price
$1,350,000
Premium/Discount to List
-$300,000
-18.18%
Current Estimated Value
$1,815,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$465,607
Avg. Annual Appreciation
3.33%
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
Sri Sai N Llc $1,350,000 Attorney Only
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2016 11/30/16 Sold $1,350,000 -18.2% --
09/07/2016 09/07/16 Pending -- -- --
03/10/2016 03/10/16 For Sale $1,650,000 -- --
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 $31,553 $348,840 $140,880 $207,960
2023 $30,111 $320,040 $129,250 $190,790
2022 $30,535 $316,550 $127,620 $188,930
2021 $31,470 $316,550 $127,620 $188,930
2020 $31,719 $316,550 $127,620 $188,930
2019 $32,179 $323,010 $130,220 $192,790
2018 $31,162 $319,970 $127,510 $192,460
2017 $31,158 $323,200 $128,800 $194,400
2016 $32,563 $323,200 $128,800 $194,400
2015 $31,621 $340,640 $130,200 $210,440
2014 $31,244 $343,510 $131,470 $212,040
2013 -- $343,510 $131,470 $212,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAPA7032638

RMLS Alliance

APN: 14-08-327-014