NOT LISTED FOR SALE

7501 50th St Milan, IL 61264

Estimated Value: $189,860

Studio
-- Bath
300 Sq Ft
$633/Sq Ft Est. Value

Last Sold September 06, 2019

Last sale price $140,000 $467 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,481/month

55 Days on Market

About This Home

As of September 2019

Large lot with room to expand to the North. Property has 3 buildings. 1st building has office/retail. Back warehouse area has 10' ceilings, 2 bathrooms and and 2 overhead doors. Building #2 is a small garage, 12 x 16. Large pole building to the East, has 7,200 SF and measures 60 x 120. It has 2 ADA bathrooms, 2 large 15' overhead doors, 6" reinforced concrete. Power is trenched to the building but not installed. Water to building. Land lease to airport at $366.00/month. Can get 20 year lease with a 20 year option.

Last Agent to Sell the Property

David Levin

Hawkeye Commercial Real Estate License #475.081178/B27165000 Listed on: 05/30/2019

Last Buyer's Agent

NON MLS

NON-MLS QCAR License #000.00000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,761

Year Built

  • Built in 2002

Lot Details

  • 1.3

Utilities

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

Listing and Financial Details

  • The owner pays for cooling

Property Details

Property Type

Other

Est. Annual Taxes

$4,761

Year Built

Built in 2002

Lot Details

1.3 Acres

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Industrial, Office, Retail
  • Year Built: 2002
  • Handicap Modified: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Maximum Ceiling Ht Feet: 16
  • Min Ceiling Ht Feet: 9
  • Other Access: None
  • Total Building Sq Ft: 9192
  • Estimated Lot Sq Ft: 57,208

Exterior Features

  • Exterior Finish: Other Exterior Finish, Steel
  • Frontage Access: Paved 2Lane, Inside Lot
  • Insulation: Roof, Side Walls
  • Roof Construction: Membrane
  • Wall Construction: Frame, Steel/ST Fram

Garage/Parking

  • Numberparking Spaces Allocated: 10

Utilities

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

Lot Info

  • Estimated Number of Acres: 1.3
  • Zoning: I
  • Geo Subdivision: IL
  • Property Use: Distribution Warehouse, Flex Space

Rental Info

  • Owner Pays: Cooling
  • Sale Lease Includes: Building, Land, Sale/Lease Other
  • Tenant Pays: N/A
  • Terms Lease: N/A

Tax Info

  • Annual Taxes: 4760.56
  • Parcel Id Number Tax Id: 11-3621
  • Tax Incentive: Other Tax Incentive
  • Tax Year: 2018

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2019 09/06/19 Sold $140,000 -29.6% $467 / Sq Ft
07/24/2019 07/24/19 Pending -- -- --
05/30/2019 05/30/19 For Sale $199,000 -- $663 / Sq Ft
Source: RMLS Alliance

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 $5,603 $74,521 $19,151 $55,370
2023 $5,603 $69,646 $17,898 $51,748
2022 $4,924 $64,249 $16,511 $47,738
2021 $4,955 $60,841 $15,635 $45,206
2020 $4,877 $59,299 $15,239 $44,060
2019 $4,891 $58,712 $15,088 $43,624
2018 $4,761 $58,016 $14,909 $43,107
2017 $4,579 $56,934 $14,631 $42,303
2016 $4,546 $56,651 $14,558 $42,093
2015 $4,556 $56,352 $14,481 $41,871
2014 -- $55,139 $14,169 $40,970
2013 -- $55,139 $14,169 $40,970
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: RMAQC7040594

RMLS Alliance

APN: 17-29-101-021

Your Personal Tour Guide

Ask me questions while you tour the home.