NOT LISTED FOR SALE

837 E Mccord St Centralia, IL 62801

Studio
-- Bath
3,000 Sq Ft
0.76 Acres

Last Sold May 06, 2022

Last sale price $170,000 $57 Per Sq Ft

478 Days on Market

About This Home

As of May 2022

This versatile brick office complex originally built for a physicians office is located with road frontage on McCord (State Rt 161) and M.L.K. Jr Dr. on the east side of Centralia. The floor plan offers 3,000 sq' finished first floor office area and 3,000 sq' finished basement. The main level has 7 spacious offices, kitchenette/ break area, 4 restrooms, reception area, and conference room and additional commons areas. The basement has mostly large finished areas with two restrooms utility room and kitchen. The exterior offers a large concrete paved lot area with 25 onsite parking spots with both steps and ramp access to main level. The HVAC Systems were replaced in 2019 and the property offers vacant grass lot space on both east and west sides for possible future needs.

Last Agent to Sell the Property

Alan Owen

Coldwell Banker Allen & Geary License #475182718 Listed on: 11/25/2020

Coldwell Banker Allen & Geary

Co-Listed By

Jim Somer

SOMER REAL ESTATE License #471004184

Last Buyer's Agent

Andrea Baker

King City Property Brokers License #471021927

Property Details

Property Type

  • Other

Year Built

  • Built in 1990

Lot Details

  • 0.76

Utilities

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

Property Details

Property Type

Other

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office
  • Legal Description: RE Only
  • Lvt Date: 11/25/2020
  • Year Built: 1990
  • Handicap Modified: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpeted, Tile/Vinyl
  • Maximum Ceiling Ht Feet: 8
  • Total Building Sq Ft: 6000

Exterior Features

  • Exterior Finish: Brick
  • Frontage Access: City Street
  • Insulation: Other Insulation
  • Roof Construction: Asphalt/Fiberglass
  • Wall Construction: Brick, Frame

Garage/Parking

  • Numberparking Spaces Allocated: 25

Utilities

  • Electric Company: Ameren
  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Gas Company: Ameren
  • Water Company: City of Centralia

Lot Info

  • Estimated Number of Acres: 0.76
  • Zoning: Commercial
  • Estimated Land Size: 110 x 203 x 156 x 208
  • Geo Subdivision: IL
  • Irregular Lot: Yes
  • Lot Size Remarks: Property has over 400' total of road frontage including the North and South sides.
  • Property Use: Medical Office, Outlet Center

Rental Info

  • Sale Lease Includes: Sale/Lease Other
  • Terms Lease: N/A

Tax Info

  • Annual Taxes: 10317
  • Parcel Id Number Tax Id: 1400061773
  • Tax Incentive: None
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2013
Sold by
Heneghan Land Company Llc
Bought by
Ltds Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,500
Interest Rate
3.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 31, 2006
Sold by
Heneghan Dean P and Peabody Scott
Bought by
Heneghan Land Company Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,853
Interest Rate
6.19%
Mortgage Type
Future Advance Clause Open End 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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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
Ltds Llc $140,000 None Available
Heneghan Land Company Llc $8,250 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ltds Llc $417,500
Previous Owner Heneghan Land Company Llc $150,853
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2022 05/06/22 Sold $170,000 0.0% $57 / Sq Ft
03/18/2022 03/18/22 Pending -- -- --
11/05/2021 11/05/21 Price Changed $170,000 -14.6% $57 / Sq Ft
05/25/2021 05/25/21 For Sale $199,000 +17.1% $66 / Sq Ft
05/25/2021 05/25/21 Off Market $170,000 -- --
11/25/2020 11/25/20 For Sale $199,000 -- $66 / Sq Ft
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 $10,246 $131,590 $20,720 $110,870
2023 $10,572 $122,980 $19,360 $103,620
2022 $10,353 $111,800 $17,600 $94,200
2021 $10,274 $104,490 $16,450 $88,040
2020 $10,139 $101,360 $15,950 $85,410
2019 $9,937 $97,650 $15,370 $82,280
2018 $10,107 $97,650 $15,370 $82,280
2017 $10,076 $95,740 $15,070 $80,670
2016 $10,040 $92,060 $14,490 $77,570
2015 $100 $92,060 $14,490 $77,570
2012 $96 $90,250 $14,210 $76,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: EB437224

RMLS Alliance

APN: 1400061773