NOT LISTED FOR SALE

809 W Mound St Elmwood, IL 61529

Estimated Value: $548,991

-- Bed
-- Bath
-- Sq Ft
1.47 Acres

Last Sold June 15, 2022

Last sale price $590,000

Est. 7% decrease in value since last sale

Current estimated payment $4,207/month

About This Home

As of June 2022

Great investment opportunity with this 5 building 85 unit storage complex on 1.5 acres. All units are currently rented except for a couple occupied by the owner. 5th building is a general purpose storage shed. Room for expansion is possible and constant demand for the location.

Last Agent to Sell the Property

Debra Spencer

RE/MAX Traders Unlimited License #475199927 Listed on: 06/30/2022

RE/MAX Traders Unlimited

Last Buyer's Agent

Zachary Oyler

Keller Williams Premier Realty License #475172173

Keller Williams Premier Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $10,517

Year Built

  • Built in 1992

Lot Details

  • 1.47

Listing and Financial Details

  • The owner pays for electric

Property Details

Property Type

Other

Est. Annual Taxes

$10,517

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Other
  • Lvt Date: 06/30/2022
  • Year Built: 1992
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Total Building Sq Ft: 13775
  • Estimated Lot Sq Ft: 66076

Exterior Features

  • Exterior Finish: Steel
  • Frontage Access: Frontage Road
  • Insulation: None
  • Roof Construction: Metal
  • Wall Construction: Steel/ST Fram

Utilities

  • Cooling: None
  • Heating: None
  • Water Supply: None

Lot Info

  • Estimated Number of Acres: 1.47
  • Zoning: Imp Commer
  • Estimated Land Size: 399X165
  • Irregular Lot: No
  • Property Use: Self/Mini-Storage

Rental Info

  • Owner Pays: Electric
  • Sale Lease Includes: Building, Business, Land
  • Tenant Pays: None

Tax Info

  • Annual Taxes: 10516.78
  • Parcel Id Number Tax Id: 11-07-326-014
  • Tax Incentive: None
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2022
Closed on
Jun 15, 2022
Sold by
Woodcock John T
Bought by
Wallace Acquisitions Llc
Seller's Agent
Debra Spencer
RE/MAX Traders Unlimited
Buyer's Agent
Zachary Oyler
Keller Williams Premier Realty
List Price
$625,000
Sold Price
$590,000
Premium/Discount to List
-$35,000
-5.6%
Current Estimated Value
$548,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,009
Avg. Annual Appreciation
-2.15%
Original Mortgage
$501,500
Outstanding Balance
$366,413
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$182,578
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
Wallace Acquisitions Llc $590,000 Froehling Weber & Schell Llp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace Acquisitions Llc $501,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2022 06/30/22 For Sale $625,000 +5.9% --
06/15/2022 06/15/22 Sold $590,000 -- --
04/11/2022 04/11/22 Pending -- -- --
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 $15,423 $167,230 $9,810 $157,420
2023 $14,095 $153,420 $9,000 $144,420
2022 $10,262 $110,510 $8,820 $101,690
2021 $10,359 $110,510 $8,820 $101,690
2020 $10,517 $110,510 $8,820 $101,690
2019 $10,746 $112,770 $9,000 $103,770
2018 $11,081 $116,620 $9,000 $107,620
2017 $11,311 $117,800 $9,090 $108,710
2016 $10,584 $117,800 $9,090 $108,710
2015 $9,984 $115,490 $8,910 $106,580
2014 $10,073 $110,770 $9,480 $101,290
2013 -- $110,770 $9,480 $101,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: PA1235649

RMLS Alliance

APN: 11-07-326-014