NOT LISTED FOR SALE

81a E Queenwood Rd Morton, IL 61550

-- Bed
-- Bath
-- Sq Ft
0.79 Acres

Last Sold February 01, 2013

Last sale price $320,000

96 Days on Market

About This Home

As of February 2013

Great location & investment opportunity with this bank owned, well maintained building. Plenty of parking available. Easy access to I-155. Bank owned. Sold as-is.

Last Agent to Sell the Property

Ryan Blackorby

Jim Maloof Realty, Inc. License #471009786 Listed on: 09/13/2012

Jim Maloof Realty, Inc.

Last Buyer's Agent

Ryan Blackorby

Jim Maloof Realty, Inc. License #471009786 Listed on: 09/13/2012

Jim Maloof Realty, Inc.

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $13,946

Year Built

  • Built in 1974

Lot Details

  • 0.79

Utilities

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

Listing and Financial Details

  • The owner pays for all

Property Details

Property Type

Other

Est. Annual Taxes

$13,946

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office
  • Year Built: 1974
  • Handicap Modified: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Reinforced Concrete
  • Total Building Sq Ft: 10675
  • Estimated Lot Sq Ft: 140x247

Exterior Features

  • Exterior Finish: Stucco
  • Frontage Access: Paved 4Lane, Inside Lot, City Street
  • Insulation: Roof, Side Walls
  • Roof Construction: Tar/Gravel
  • Wall Construction: Frame

Garage/Parking

  • Numberparking Spaces Allocated: 36

Utilities

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

Lot Info

  • Estimated Number of Acres: 0.79
  • Zoning: commercial
  • Geo Subdivision: IL

Rental Info

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

Tax Info

  • Annual Taxes: 13946.06
  • Parcel Id Number Tax Id: 060629115005
  • Tax Incentive: None
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2012
Closed on
Jan 30, 2013
Sold by
Associated Bank Na
Bought by
Heim Properties Llc
Seller's Agent
Ryan Blackorby
Jim Maloof Realty, Inc.
Buyer's Agent
Ryan Blackorby
Jim Maloof Realty, Inc.
List Price
$400,000
Sold Price
$320,000
Premium/Discount to List
-$80,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.34%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 12, 2009
Sold by
Queenwood Llc
Bought by
Associated Bank Na

Purchase Details

Closed on
Oct 1, 2005
Sold by
Nathaniel Group Llc
Bought by
Queenwood 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
Heim Properties Llc $320,000 None Available
Associated Bank Na -- None Available
Queenwood Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Heim Properties Llc $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2013 02/01/13 Sold $320,000 -20.0% --
12/18/2012 12/18/12 Pending -- -- --
09/13/2012 09/13/12 For Sale $400,000 -- --
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 $10,097 $147,780 $47,990 $99,790
2023 $10,097 $137,680 $44,710 $92,970
2022 $9,764 $126,440 $41,060 $85,380
2021 $9,392 $121,580 $39,480 $82,100
2020 $9,105 $120,380 $39,090 $81,290
2019 $9,081 $120,380 $39,090 $81,290
2018 $8,915 $120,380 $39,090 $81,290
2017 $8,684 $119,190 $38,700 $80,490
2016 $8,517 $119,190 $38,700 $80,490
2015 $7,709 $0 $0 $0
2013 $7,631 $107,630 $30,110 $77,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAPA7027968

RMLS Alliance

APN: 06-06-29-115-005