NOT LISTED FOR SALE

717 W Adams Rd Macomb, IL 61455

Estimated Value: $106,399

-- Bed
-- Bath
-- Sq Ft
0.27 Acres

Last Sold February 24, 2020

Last sale price $75,000

Est. 42% increase in value since last sale

Current estimated payment $701/month

352 Days on Market

About This Home

As of February 2020

COMMERCIAL BUILDING LOCATED ACROSS FROM WESTERN IL UNIVERSITY, WAS USED AS A BOOK STORE/OFFICE SUPPLY, MAIN LEVEL HAS 4000 SQ FT WITH OFFICE AREA, RETAIL SPACE, STORAGE & HALF BATH. THE UPPER LEVEL ALSO HAS 4000 SQ FT THAT IS PART RETAIL, STORAGE, OFFICE AREA AND 2 HALF BATHS. THIS BUILDING HAS MANY GREAT USES, OFF STREET PARKING, WOULD ALSO MAKE GREAT OFFICE/BAR/RESTAURANT/ AND OR LOFT APARTMENTS WITH APPROVED ZONING. THE SALE OF THIS PROPERTY IS SUBJECT TO BANK AND SBA APPROVAL. (SOLD - 2-24-20 - FBT to WIU)

Last Agent to Sell the Property

Steve Silberer

C21 Purdum-Epperson Inc License #471004172 Listed on: 02/06/2019

Last Buyer's Agent

Steve Silberer

C21 Purdum-Epperson Inc License #471004172 Listed on: 02/06/2019

Property Details

Property Type

  • Other

Year Built

  • Built in 1963

Lot Details

  • 0.27

Utilities

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

Property Details

Property Type

Other

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office, Retail
  • Lvt Date: 05/29/2019
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpeted, Wood
  • Maximum Ceiling Ht Feet: 9
  • Total Building Sq Ft: 8000

Exterior Features

  • Exterior Finish: Brick
  • Frontage Access: Paved 2Lane, City Street
  • Insulation: Unknown
  • Roof Construction: Comp Shingle
  • Wall Construction: Brick

Garage/Parking

  • Numberparking Spaces Allocated: 12

Utilities

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

Lot Info

  • Estimated Number of Acres: 0.27
  • Zoning: B-2
  • Estimated Land Size: 59x200
  • Geo Subdivision: IL

Rental Info

  • Sale Lease Includes: Building, Land
  • Terms Lease: N/A

Tax Info

  • Annual Taxes: 7395.42
  • Parcel Id Number Tax Id: 11-100-675-00
  • Tax Incentive: In City Limit
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2019
Closed on
Feb 18, 2020
Sold by
First Bankers Trust Company
Bought by
Western Illinois University Foundation
Seller's Agent
Steve Silberer
C21 Purdum-Epperson Inc
Buyer's Agent
Steve Silberer
C21 Purdum-Epperson Inc
List Price
$99,000
Sold Price
$75,000
Premium/Discount to List
-$24,000
-24.24%
Total Days on Market
352
Current Estimated Value
$106,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,399
Avg. Annual Appreciation
7.03%

Purchase Details

Closed on
Feb 12, 2019
Sold by
Brightwell Kraft Tracy L
Bought by
First Bankers Trust Co

Purchase Details

Closed on
Apr 28, 2010
Sold by
Chapman June E
Bought by
Brightwell Kraft Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
5.16%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Western Illinois University Foundation $75,000 Terrill Title Co Inc
First Bankers Trust Co -- Attorney
Brightwell Kraft Tracy $235,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brightwell Kraft Tracy L $101,000
Previous Owner Brightwell Kraft Tracy $94,000
Previous Owner Brightwell Kraft Tracy $117,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2020 02/24/20 Sold $75,000 -24.2% --
01/24/2020 01/24/20 Pending -- -- --
01/24/2020 01/24/20 For Sale $99,000 +32.0% --
01/01/2020 01/01/20 Off Market $75,000 -- --
08/12/2019 08/12/19 For Sale $99,000 +32.0% --
08/07/2019 08/07/19 Off Market $75,000 -- --
07/12/2019 07/12/19 Price Changed $99,000 -23.6% --
02/06/2019 02/06/19 For Sale $129,500 -- --
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 -- $70,804 $10,723 $60,081
2023 -- $70,804 $10,723 $60,081
2022 $0 $70,804 $10,723 $60,081
2021 $7,948 $70,804 $10,723 $60,081
2020 $7,948 $81,527 $10,723 $70,804
2019 $7,923 $72,761 $11,019 $61,742
2018 $7,581 $72,761 $11,019 $61,742
2017 $7,395 $72,761 $11,019 $61,742
2016 $7,179 $72,761 $11,019 $61,742
2015 $7,231 $72,761 $11,019 $61,742
2014 $7,209 $72,761 $11,019 $61,742
2013 $6,879 $72,761 $11,019 $61,742
Source: Public Records

Agents Affiliated with this Home

  • Steve Silberer

    Seller's Agent in 2020

    Steve Silberer

    C21 Purdum-Epperson Inc

    (309) 255-3968

    386 Total Sales

    Steve Silberer
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Map

Source: RMLS Alliance

MLS Number: RMAPA1205183

RMLS Alliance

APN: 11-100-675-00

Illinois Mcdonough County Macomb 61455

717 W Adams Rd, Macomb, IL

This home is located at 717 W Adams Rd, Macomb, IL 61455 since 06 February 2019 and is currently estimated at $106,399. This property was built in 1963. 717 W Adams Rd is a home located in McDonough County with nearby schools including Lincoln Elementary School, Edison Elementary School, and Macomb Junior High School.

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.

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