NOT LISTED FOR SALE

7921 N Hale Ave Peoria, IL 61615

North Peoria Neighborhood
-- Bed
-- Bath
-- Sq Ft
5 Acres

Last Sold October 01, 2021

Last sale price $1

About This Home

As of October 2021

Very desirable, high-cube distribution warehouse. Close proximity to interstates as well as other industrial users and many national retailers. Sherwin Williams, Honda Automotive, Starbucks, Chevrolet, DHL Global Forwarding, are just a small sampling of global brands within immediate proximity to the property. 30' sidewalls, 7 dock doors, drive-through capability, and fully fenced lot w/ abundant truck and trailer storage. 250' x 200' -- structural steel construction -- sloped steel roof 30' tall side-walls -- tall stacking capabilities 277/480v 3-phase electrical 4.6 acres +/-, fenced with large gravel lot for truck/trailer parking 7 dock height doors -- little to no slope (not truck wells) 2 over-sized drive-in doors -- easy drive through capability 2 level office space -- approximately 2,000 square feet per level Column spacing is 25' x 40'

Last Agent to Sell the Property

Chad Joos

Joos Realty Company License #471010011 Listed on: 02/12/2021

Last Buyer's Agent

Chad Joos

Joos Realty Company License #471010011 Listed on: 02/12/2021

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $56,824

Year Built

  • Built in 1975

Lot Details

  • 5

Utilities

  • Forced Air Zoned Heating and Cooling System

Property Details

Property Type

Other

Est. Annual Taxes

$56,824

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Industrial, Warehouse
  • Lvt Date: 02/12/2021
  • Year Built: 1975
  • Three Phase: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete, Tile/Vinyl
  • Maximum Ceiling Ht Feet: 36
  • Min Ceiling Ht Feet: 30
  • Total Building Sq Ft: 51600
  • Estimated Lot Sq Ft: 217,800

Exterior Features

  • Exterior Finish: Steel, Stone
  • Fenced: Yes
  • Frontage Access: Easement
  • Insulation: Roof, Side Walls
  • Roof Construction: Metal
  • Wall Construction: Steel/ST Fram

Utilities

  • Cooling: Central Air, Office Only
  • Heating: Forced Air, Individual Units, Zones
  • Security System: Yes
  • Sprinkler: Yes

Lot Info

  • Estimated Number of Acres: 5
  • Zoning: Industrial
  • Geo Subdivision: IL

Rental Info

  • Lease Dollar Sq Ft: 4.5
  • Lease Type: Net
  • Terms Lease: Other Term/Lease

Tax Info

  • Parcel Id Number Tax Id: 14-05-451-010
  • Tax Incentive: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2023
Sold by
Lapp Peoria Eat Llc
Bought by
Lapp Peoria Llc

Purchase Details

Closed on
Aug 10, 2022
Sold by
Midwest Executive Properties Llc Series
Bought by
Lapp Peoria Eat Llc
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
Lapp Peoria Llc -- None Listed On Document
Lapp Peoria Eat Llc $3,412,000 None Listed On Document
Lapp Peoria Eat Llc $3,412,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2021 10/01/21 Sold $1 -100.0% --
08/05/2021 08/05/21 For Sale $2,500,000 +249999900.0% --
07/31/2021 07/31/21 Off Market $1 -- --
02/12/2021 02/12/21 For Sale $2,500,000 -- --
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 $56,824 $628,220 $131,230 $496,990
2023 $54,226 $576,340 $120,390 $455,950
2022 $38,663 $400,820 $106,020 $294,800
2021 $39,848 $400,820 $106,020 $294,800
Source: Public Records

Agents Affiliated with this Home

  • Chad Joos

    Seller's Agent in 2021

    Chad Joos

    Joos Realty Company

    (309) 696-2863

    1 in this area

    21 Total Sales

    Chad Joos
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Map

Source: RMLS Alliance

MLS Number: PA1222248

RMLS Alliance

APN: 14-05-451-016

Illinois Peoria County Peoria 61615 North Peoria

7921 N Hale Ave, Peoria, IL

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