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1415 West Main

1415 West Main, Grafton, IL 62037
Commercial in Quarry
1 Units For Sale
Unit for sale at 1415 West Main Street, Grafton, IL 62037

$130,000

  • Commercial
  • 4,500 ft²
1415 West Main Street, Grafton, IL 62037 Listing by Mark Harman

1415 West Main has been categorized by the local assessors in Grafton, IL as a commercial type of property. The building on the property was first built in 1974 and is 50 years old. This is a single story building so stairs are not necessary to access other parts of the home. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 1,625 ft. The area measurement of the land has been determined as 16,250 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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, 1415 West Main was last sold in Jan 16, 2019 for $115,000. According to our calculations, that's $25.56 per sqft. Prior to that sales transaction, the property was sold for $112,500 in Oct 29, 2015. Current property owners are expected to pay $3,906 in taxes per year. The property on 1415 West Main was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $53,405. To break that down further, the land itself was valued at $37,730. While improvements to the property were assessed at a total of $15,675. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.

Building Features

Parking

Parking Lot
Paved Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20191023
10/23/2019
Loft
-
4636 ft²
$175,000
bedrooms
Loft
bathrooms
-
square feet
4636 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Bedroom Count: 0
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 16,250
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,625
  • Total Building Area: 4,500
  • Gross Building Area: 4,500
  • Building Area: 4,500
  • Building Area Measurement: Total Area

    Heating and Cooling

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

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: WEST ADDITION
  • Land Acres: 0.373
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: WEST ADDITION LOTS 3, 4, 5, 6, 7, 8, 13, 14, 15, 16, 17, 18, 19, & W1/2 LOT 2 BLK 25. 10-15 112.5K, 5-05 230.5K* 1974 1STY/NO BSMT 4500SQ (MARKET) 162.5X100 & 175X100 LOTS

Ownership

  • Current Owner : S MYERS FARMS LLC
  • Previous Owner : CADECO LLC

Neighborhood

  • School District Name: Jersey Community Unit School District 100
  • Census Tract: 010500

Geography

  • Account Number: 325-004-00
  • District: 08
  • Parcel: 08-325-004-00
  • Block: 25
  • Lot: 2-8
  • Municipality: QUARRY TOWNSHIP
  • Latitude: 38.9702
  • Longitude: -90.4515

    Address

  • Full Address: 1415 W Main St
  • Address - House Number: 1415
  • Street Direction: W
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: IL
  • City Name: Grafton
  • Carrier Code: R001
  • 4-Digit Zip Code: 1107
  • Zip Code: 62037

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,906
  • Tax Rate Code Area: 8002

    Market Valuation

  • Market Total Value: $160,215
  • Market Land Value: $113,190
  • Market Improvement Value: $47,025

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $53,405
  • Assessed Land Value: $37,730
  • Assessed Improvements Value: $15,675

    Sales

  • Current Sale Contract Date: Jan 16, 2019
  • Current Sale Recording Date: Jan 28, 2019
  • Current Sale Transaction ID: 11566549395
  • Current Sale Price: $115,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201900155094
  • Previous Sale Recording Date: Oct 29, 2015
  • Previous Sale Contract Date: Oct 29, 2015
  • Previous Sale Amount: $112,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: 1ST NATIONAL BANK
  • First Mortgage Transaction Date: Jan 28, 2019
  • First Mortgage Loan Amount: $100,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Mortgage Loan Due Date: Feb 01, 2024

About Grafton



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1415 West Main located in?
The 1415 West Main is a commercial located in the neighborhood of Quarry in Grafton, Grafton.
How many listings are currently for sale in 1415 West Main?
There is a listing currently on the market for sale.
What is the average sales price for listings in 1415 West Main?
The average sales price for units in 1415 West Main is $130,000 , or $29/sqft. currently.

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