Seller's Agent in 2022
CINDI KRUSE
The Real Estate Group, Inc.
(217) 341-2006
4 in this area
262 Total Sales
850 S Spring St Springfield, IL 62704
Vinegar Hill NeighborhoodEstimated Value: $111,306
--
Bed
--
Bath
2,160
Sq Ft
$52/Sq Ft
Est. Value
About This Home
As of June 2022Take a look at this Extremely clean, Full Brick Office Building that could perfectly serve multiple different uses. Located wonderfully close to downtown Springfield, just a few blocks from the State Capitol & surrounded by a State Business district, Privately owned businesses, as well as some residential. This is a fantastic location seeing a daily traffic count of nearly 2,500 vehicles! Private offices are in place on Both levels, with options for conference rooms/Break area, & reception space as well. Brand new carpet installed in lower level in December of 2021, & upstairs carpet replaced in 2019! There are 2 Restrooms in place that have both been updated as well. Owner is willing to lease the property, at a Modified Gross rental rate of $1,850/month. 7, building specified parking spaces are available for your daily parking convenience. Upper & lower levels are on their own independent utilities & HVAC/Water Heaters, so the building could be easily leased independently if desired.
Last Agent to Sell the Property
The Real Estate Group, Inc. License #475102955 Listed on: 12/13/2021
Property Details
Property Type
- Other
Est. Annual Taxes
- $2,889
Year Built
- Built in 1985
Lot Details
- 5,009
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Tenant pays for janitorial, trash, snow/lawn, gas, electric, heating, cooling, water/sewer
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 15, 2024
Sold by
American Braiding Coalition Llc
Bought by
1964 Llc
Current Estimated Value
Purchase Details
Closed on
Sep 17, 2021
Sold by
Hensley David J and Hensley Patricia A
Bought by
Witsman Property Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
5.11%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 25, 2021
Sold by
Witsman Property Trust
Bought by
American Coalition Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
5.11%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 15, 2004
Purchase Details
Closed on
Aug 16, 2004
Purchase Details
Closed on
Apr 4, 1997
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 1964 Llc | $100,000 | None Listed On Document | |
| Witsman Property Trust | $32,500 | Cornerstone Title | |
| American Coalition Llc | $110,000 | None Listed On Document | |
| -- | $126,500 | -- | |
| -- | -- | -- | |
| -- | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | American Coalition Llc | $88,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/03/2022 06/03/22 | Sold | $110,000 | -12.0% | $51 / Sq Ft |
| 04/29/2022 04/29/22 | Pending | -- | -- | -- |
| 12/13/2021 12/13/21 | For Sale | $125,000 | -- | $58 / Sq Ft |
Source: RMLS Alliance
Tax History Compared to Growth
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 | $3,064 | $36,483 | $11,990 | $24,493 |
| 2023 | $3,386 | $38,295 | $10,952 | $27,343 |
| 2022 | $3,255 | $36,326 | $10,389 | $25,937 |
| 2021 | $2,943 | $32,697 | $10,001 | $22,696 |
| 2020 | $2,885 | $32,746 | $10,016 | $22,730 |
| 2019 | $2,831 | $32,632 | $9,981 | $22,651 |
| 2018 | $4,532 | $53,640 | $9,930 | $43,710 |
| 2017 | $4,438 | $52,947 | $9,802 | $43,145 |
| 2016 | $4,351 | $52,175 | $9,659 | $42,516 |
| 2015 | $4,309 | $51,552 | $9,544 | $42,008 |
| 2014 | $4,245 | $51,219 | $9,482 | $41,737 |
| 2013 | $4,150 | $51,219 | $9,482 | $41,737 |
Source: Public Records
Agents Affiliated with this Home
-
CINDI KRUSE
-
John McIntyre
Buyer's Agent in 2022
John McIntyre
Do Realty Services, Inc.
(217) 415-0191
6 in this area
160 Total Sales
Map
Source: RMLS Alliance
MLS Number: CA1011594
APN: 14-33.0-431-022
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