NOT LISTED FOR SALE

888 S Lake Storey Rd Galesburg, IL 61401

Estimated Value: $610,057

-- Bed
-- Bath
-- Sq Ft
12 Acres

Last Sold September 30, 2019

Last sale price $400,000

Est. 53% increase in value since last sale

Current estimated payment $3,819/month

547 Days on Market

About This Home

As of September 2019

Former Shopko building. Located at NWC US HWY 150 and US HWY 34. Suitable for retail or non retail uses. 2 dock doors and a pylon sign.

Last Agent to Sell the Property

Richard Weinstein

NAI Ruhl Commercial Company License #S38528000/475.135488 Listed on: 10/05/2017

NAI Ruhl Commercial Company

Co-Listed By

David Levin

Hawkeye Commercial Real Estate License #475.081178/B27165000

Last Buyer's Agent

NON MLS

NON-MLS QCAR License #000.00000

Property Details

Property Type

  • Other

Year Built

  • Built in 1982

Lot Details

  • 12

Utilities

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

Property Details

Property Type

Other

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Industrial, Office, Retail
  • Year Built: 1982
  • Handicap Modified: Unknown
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete, Tile/Vinyl
  • Total Building Sq Ft: 86000
  • Estimated Lot Sq Ft: 524,898 SF

Exterior Features

  • Exterior Finish: Brick, Steel
  • Frontage Access: Paved 4Lane
  • Insulation: Roof, Side Walls
  • Roof Construction: Metal, Sloped
  • Wall Construction: Masonry

Garage/Parking

  • Numberparking Spaces Allocated: 341

Utilities

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

Lot Info

  • Estimated Number of Acres: 12
  • Zoning: B-2
  • Geo Subdivision: IL
  • Property Use: Other Property Use

Rental Info

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

Tax Info

  • Annual Taxes: 26574.08
  • Parcel Id Number Tax Id: 9533427001
  • Tax Incentive: In City Limit
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2017
Closed on
Sep 27, 2019
Sold by
Daniels William D and Daniels Nancy J
Bought by
Galesburg Warehouse Llc
Seller's Agent
Richard Weinstein
NAI Ruhl Commercial Company
Buyer's Agent
NON MLS
NON-MLS QCAR
List Price
$800,000
Sold Price
$400,000
Premium/Discount to List
-$400,000
-50%
Current Estimated Value
$610,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,057
Avg. Annual Appreciation
7.13%
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
Galesburg Warehouse Llc $400,000 Title Ctr Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2019 09/30/19 Sold $400,000 -50.0% --
04/05/2019 04/05/19 Pending -- -- --
10/05/2017 10/05/17 For Sale $800,000 -- --
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 $23,798 $256,490 $229,120 $27,370
2023 $23,798 $248,340 $221,840 $26,500
2022 $23,536 $248,340 $221,840 $26,500
2021 $22,798 $234,280 $209,280 $25,000
2020 $23,170 $234,280 $209,280 $25,000
2019 $27,236 $273,210 $209,280 $63,930
2018 $26,352 $265,250 $203,180 $62,070
2017 $26,574 $265,250 $203,180 $62,070
2015 -- $333,330 $200,180 $133,150
2013 $65,562 $734,610 $202,200 $532,410
Source: Public Records

Agents Affiliated with this Home

  • Richard Weinstein

    Seller's Agent in 2019

    Richard Weinstein

    NAI Ruhl Commercial Company

    (563) 355-4000

    1 in this area

    16 Total Sales

    Richard Weinstein
    Section Image
  • David Levin

    Seller Co-Listing Agent in 2019

    David Levin

    Hawkeye Commercial Real Estate

    (309) 781-9169

    45 Total Sales

    David Levin
    Section Image

  • N

    Buyer's Agent in 2019

    NON MLS

    NON-MLS QCAR

See All Agents

Map

Source: RMLS Alliance

MLS Number: RMAQC7040340

RMLS Alliance

APN: 95-33-427-001

Illinois Knox County Galesburg 61401

888 S Lake Storey Rd, Galesburg, IL

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