NOT LISTED FOR SALE

725 W Locust St Canton, IL 61520

Estimated Value: $275,322

-- Bed
-- Bath
-- Sq Ft
0.8 Acres

Last Sold May 31, 2019

Last sale price $85,000

Est. 224% increase in value since last sale

Current estimated payment $1,988/month

33 Days on Market

About This Home

As of May 2019

Great opportunity to buy a turn-key restaurant/bar or an attractive building to subdivide for many uses. Endless possibilities! Over 6,400 SF of finished main floor space and 50+ parking spots. Large deck with outdoor serving area. Priced to sell!

Last Agent to Sell the Property

Jed Rhoades

Rhoades Real Estate & Land Auc License #471.019378 Listed on: 04/03/2019

Last Buyer's Agent

Heather McAdams

Gorsuch Realty & Auction License #475182879

Property Details

Property Type

  • Other

Year Built

  • Built in 2000

Lot Details

  • 0.8

Utilities

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

Property Details

Property Type

Other

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office, Retail
  • Lvt Date: 04/04/2019
  • Year Built: 2000
  • Handicap Modified: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Maximum Ceiling Ht Feet: 10
  • Maximum Ceiling Ht Inch: 2
  • Other Access: None
  • Total Building Sq Ft: 6480
  • Estimated Lot Sq Ft: See Aerial aprox 205x170

Exterior Features

  • Exterior Finish: Other Exterior Finish
  • Frontage Access: City Street
  • Insulation: Unknown
  • Roof Construction: Metal
  • Wall Construction: Frame

Garage/Parking

  • Numberparking Spaces Allocated: 56

Utilities

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

Lot Info

  • Estimated Number of Acres: 0.8
  • Zoning: B-2
  • Geo Subdivision: IL

Rental Info

  • Lease Type: Gross
  • Owner Pays: N/A
  • Sale Lease Includes: Building, Land
  • Tenant Pays: N/A
  • Terms Lease: N/A

Tax Info

  • Annual Taxes: 4923.78
  • Parcel Id Number Tax Id: 09-08-28-406-012
  • Estimated Taxes Sq Ft: 1.25
  • Tax Incentive: TIF District
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2010
Current Estimated Value
$275,322
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
-- $150,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2019 05/31/19 Sold $85,000 -43.3% --
05/06/2019 05/06/19 Pending -- -- --
04/03/2019 04/03/19 For Sale $149,900 -- --
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 $6,344 $63,370 $8,490 $54,880
2023 $6,344 $55,050 $8,120 $46,930
2022 $5,537 $55,050 $8,120 $46,930
2021 $5,537 $52,920 $7,810 $45,110
2020 $5,274 $50,670 $7,480 $43,190
2019 $5,070 $50,670 $7,480 $43,190
2018 $4,951 $49,700 $7,340 $42,360
2017 $4,924 $49,700 $7,340 $42,360
2016 $5,078 $49,700 $7,340 $42,360
2015 $2,675 $53,100 $12,280 $40,820
2013 -- $51,750 $11,970 $39,780
2012 -- $50,000 $11,570 $38,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAPA7033689

RMLS Alliance

APN: 09-08-284-060-12