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1500 East Market Street

1500 East Market Street, Red Bud, IL 62278
Property in Red Bud
This has been categorized as a office property type. In total, the area measurement of the land is 71,874 square feet.

Learn more about the property and building on this page. The property was last sold in Apr 11, 2021 for $1,720,000. Prior to that sales transaction, the property was also sold in Nov 15, 2012 for $66,000. 1500 East Market Street was last assessed in 2022. The total value of the property was assessed at $490,115. Specifically, the land the property is located on was valued at $14,030. While improvements on the property were assessed at a total of $476,085. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $29,298. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. 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: 71,874
  • Lot Size Frontage Feet: 0
  • 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: Office
  • Subdivision: RED BUD EAST INDL PARK 1ST ADD
  • Land Acres: 1.65
  • Standard Land Use Code: Commercial office (general)
  • Legal Description 1: 779/782 811/608 2012R04622 2021R02257 LOT 4 1.65 AC EAST INDUSTRIAL PARK CITY OF RED BUD

Ownership

  • Current Owner : DZENDZEL NICHOLAS C
  • Current Owner 2: DZENDZEL CONNIE L
  • Previous Owner : MAIN STREET HEALTHCARE REDBUD LLC
  • Owner Before Previous Owner: CITY OF RED BUD
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Red Bud Community Unit School District 132
  • Census Tract: 950800

Geography

  • District: 13
  • Parcel: 13-118-027-00
  • Lot: 4
  • Municipality: T4S R8W
  • Latitude: 38.2116
  • Longitude: -89.9823

    Address

  • Full Address: 1500 E Market St
  • Address - House Number: 1500
  • Street Direction: E
  • Address - Street Name: Market
  • Address - Suffix Type: St
  • State: IL
  • City Name: Red Bud
  • Carrier Code: R002
  • 4-Digit Zip Code: 2143
  • Zip Code: 62278

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $29,298
  • Tax Rate Code Area: 53

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,260,000
  • First Open Lien Mortgage Lender: UNITED COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: May 26, 2021
  • First Open Lien Mortgage Loan Amount: $1,260,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $1,470,345
  • Market Land Value: $42,090
  • Market Improvement Value: $1,428,255

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $490,115
  • Assessed Land Value: $14,030
  • Assessed Improvements Value: $476,085

    Sales

  • Current Sale Contract Date: Apr 11, 2021
  • Current Sale Recording Date: May 26, 2021
  • Current Sale Transaction ID: 11837731731
  • Current Sale Price: $1,720,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2021R02257
  • Previous Sale Recording Date: Nov 19, 2012
  • Previous Sale Contract Date: Nov 15, 2012
  • Previous Sale Amount: $66,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED COMMUNITY BANK
  • First Mortgage Transaction Date: May 26, 2021
  • First Mortgage Loan Amount: $1,260,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Red Bud



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Frequently Asked Questions

What neighborhood is 1500 East Market Street located in?
The 1500 East Market Street is a located in the neighborhood of Red Bud in Red Bud, Red Bud.
What is the average sales price for listings in 1500 East Market Street?
The average sales price for units in 1500 East Market Street is $0 currently.

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