NOT LISTED FOR SALE

808 Main St Erie, IL 61250

Estimated Value: $82,514

Studio
3 Baths
-- Sq Ft
21,780 Sq Ft

Last Sold June 28, 2022

Last sale price $70,000

Est. 18% increase in value since last sale

Current estimated payment $502/month

41 Days on Market

About This Home

As of June 2022

Located in the city center of beautiful and historic downtown Erie, IL. This is a fantastic income opportunity that boasts a large upper floor, 3BR, 2BA apartment at nearly 1700 sqft, with a long-term tenant. There is also a 1700 sqft lower unit that, at one time, housed a restaurant and then a chiropractic office. There is both on street as well as parking in the rear of the property.

Last Agent to Sell the Property

Mark Christenson

eXp Realty License #S68592000/475193204 Listed on: 03/22/2022

eXp Realty

Co-Listed By

Troy Sachsenmaier

eXp Realty License #S68783000/475.194315

Last Buyer's Agent

Cindy Ottens

Mel Foster Co. Clinton License #475.125837/S69417000

Mel Foster Co. Clinton

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $900

Lot Details

  • 0.5

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for all

Property Details

Property Type

Other

Est. Annual Taxes

$900

Lot Details

0.5 Acres

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office, Retail
  • Lvt Date: 03/22/2022
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete, Carpeted, Wood
  • Total Building Sq Ft: 3500
  • Estimated Lot Sq Ft: 23000

Exterior Features

  • Exterior Finish: Steel, Aluminum
  • Frontage Access: City Street
  • Insulation: None
  • Roof Construction: Other Roof Construction
  • Wall Construction: Steel/WD Frame

Utilities

  • Cooling: Wall/Window
  • Heating: Forced Air, Gas
  • Water Supply: Municipal/City

Lot Info

  • Estimated Number of Acres: 0.5
  • Zoning: commercial
  • Geo Subdivision: IL

Rental Info

  • Owner Pays: None
  • Sale Lease Includes: Building
  • Tenant Pays: All
  • Terms Lease: N/A

Tax Info

  • Annual Taxes: 900
  • Parcel Id Number Tax Id: 20-07-207-003
  • Tax Incentive: None
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2022
Closed on
Jun 10, 2022
Sold by
Mettler Eric W and Mettler Lori R
Bought by
Ryan Corey and Ryan Tori
Seller's Agent
Mark Christenson
eXp Realty
Buyer's Agent
Cindy Ottens
Mel Foster Co. Clinton
List Price
$89,500
Sold Price
$70,000
Premium/Discount to List
-$19,500
-21.79%
Current Estimated Value
$82,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,514
Avg. Annual Appreciation
4.64%
Original Mortgage
$52,500
Outstanding Balance
$49,945
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$32,569

Purchase Details

Closed on
Jul 14, 2016
Sold by
Mettler Eric W and Mettler Eric
Bought by
Mettler Eric W and Mettler Lori R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
4.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 13, 2015
Sold by
Mettler Amy
Bought by
Mettler Eric

Purchase Details

Closed on
Jul 2, 2014
Sold by
Holcomb Bonnie A
Bought by
Mettler Eric W and Mettler Amy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
4.11%
Mortgage Type
Purchase Money Mortgage
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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Purchase History

Date Buyer Sale Price Title Company
Ryan Corey $70,000 Heid Law Offices Llc
Mettler Eric W -- Gomez Title & Closing Co Llc
Mettler Eric -- Attorney
Mettler Eric W $30,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ryan Corey $52,500
Previous Owner Mettler Eric W $84,000
Previous Owner Mettler Eric W $54,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2022 06/28/22 Sold $70,000 -21.8% --
05/02/2022 05/02/22 Pending -- -- --
03/22/2022 03/22/22 For Sale $89,500 -- --
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 $938 $13,618 $2,350 $11,268
2023 $939 $13,618 $2,350 $11,268
2022 $948 $13,618 $2,350 $11,268
2021 $957 $13,618 $2,350 $11,268
2020 $900 $12,762 $1,494 $11,268
2019 $863 $12,225 $1,494 $10,731
2018 $859 $12,225 $1,494 $10,731
2017 $858 $12,225 $1,494 $10,731
2016 $857 $12,225 $1,494 $10,731
2015 $860 $12,161 $1,430 $10,731
2014 $88 $12,225 $1,494 $10,731
2013 $860 $12,161 $1,430 $10,731
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4231281

RMLS Alliance

APN: 2007207003

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