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1220 East Jackson Street

1220 East Jackson Street, Macomb, IL 61455
Commercial in Macomb City
This has been categorized as a commercial property type. In total, the area measurement of the land is 21,374 square feet.

Learn more about the property and building on this page. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1220 East Jackson Street was last sold in Jun 6, 2022 for $300,000. Prior to that sales transaction, the property was sold for $175,000 in Dec 1, 2014. Current property owners are expected to pay $6,344 in taxes per year. The property on 1220 East Jackson Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $53,682. To break that down further, the land itself was valued at $17,485. While improvements to the property were assessed at a total of $36,197. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 21,374
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: PEASLEY & CHURCHILLS ADD
  • Land Acres: 0.49
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: LOTS 12 & 13 BLK 4 PEASLEY & CHURCHILLS ADD

Ownership

  • Current Owner : AMB REAL ESTATE HOLDINGS LLC
  • Previous Owner : TRIPLE H INVESTMENTS LLC
  • Owner Before Previous Owner: SKYLINE 53 QUICK LUBE LP
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jun 12, 2023

Neighborhood

  • School District Name: Macomb Community Unit School District 185
  • Census Tract: 010600

Geography

  • Parcel: 11-200-658-00
  • Block: 4
  • Lot: 12-13
  • Municipality: MACOMB CITY
  • Latitude: 40.4588
  • Longitude: -90.6554

    Address

  • Full Address: 1220 E Jackson St
  • Address - House Number: 1220
  • Street Direction: E
  • Address - Street Name: Jackson
  • Address - Suffix Type: St
  • State: IL
  • City Name: Macomb
  • Carrier Code: C001
  • 4-Digit Zip Code: 2524
  • Zip Code: 61455

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,344
  • Tax Rate Code Area: 11011

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $323,000
  • First Open Lien Mortgage Lender: TOWN & COUNTRY BANK MIDWEST
  • First Open Lien Mortgage Recording Date: Jul 13, 2022
  • First Open Lien Mortgage Loan Amount: $323,000
  • First Open Lien Mortgage Term: 12
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Jul 07, 2023

    Market Valuation

  • Market Total Value: $161,046
  • Market Land Value: $52,455
  • Market Improvement Value: $108,591

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $53,682
  • Assessed Land Value: $17,485
  • Assessed Improvements Value: $36,197

    Sales

  • Current Sale Contract Date: Jun 06, 2022
  • Current Sale Recording Date: Jul 12, 2022
  • Current Sale Transaction ID: 11891610680
  • Current Sale Price: $300,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 1868
  • Previous Sale Recording Date: Dec 03, 2014
  • Previous Sale Contract Date: Dec 01, 2014
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: Special Warranty Deed

About Macomb



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1220 East Jackson Street located in?
The 1220 East Jackson Street is a commercial located in the neighborhood of Macomb City in Macomb, Macomb.
What is the average sales price for listings in 1220 East Jackson Street?
The average sales price for units in 1220 East Jackson Street is $0 currently.

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