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16 South Locust Street

16 South Locust Street, Aurora, IL 60506
Commercial in Near West Galena
Local assessors in Aurora, IL have categorized 16 South Locust Street as a commercial type of property. The home was built in 1900 and is 124 years old. The property's lot size has been calculated to be 3,920 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 500 ft. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 16 South Locust Street has a total of 2,884 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. The property was last sold in Apr 26, 2022 for $224,500. That's $64.44 per sqft. Prior to that sales transaction, the property was also sold in Aug 30, 2005 for $175,000. 16 South Locust Street was last assessed in 2022. The total value of the property was assessed at $83,244. Specifically, the land the property is located on was valued at $4,482. While improvements on the property were assessed at a total of $78,762. 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 $7,369. The initial tax year of delinquency was in 2022. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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.

Building Features

Exterior

Aluminum Siding
Brick Exterior
Cedar Siding
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210807
08/07/2021
Loft
-
-
$229,000
bedrooms
Loft
bathrooms
-
$224,500 -1.97%
06/02/2022
-
Melanie Broderick
Metro Realty Inc.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Bedroom Count: 0
  • Construction Type: Masonry
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 600
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,920
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,484
  • Gross Building Area: 3,484
  • Building Area: 3,484
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,884
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: ASSRS SUB
  • Land Acres: 0.9
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: ASSMT PLAT OF ASSRS SUB - PT LOT 12

Ownership

  • Current Owner : WEALTHY DREAMS CONSULTING LLC
  • Previous Owner : FERNANDO GARCIA
  • Owner Before Previous Owner: LANG RONALD E
  • Owner Before Previous Owner 2: LANG JUDITH A
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Aurora West Unit School District 129
  • Census Tract: 853900

Geography

  • Parcel: 15-21-286-003
  • Lot: 12
  • Municipality: AURORA
  • Latitude: 41.7602
  • Longitude: -88.3211

    Address

  • Full Address: 16 S Locust St
  • Address - House Number: 16
  • Street Direction: S
  • Address - Street Name: Locust
  • Address - Suffix Type: St
  • State: IL
  • City Name: Aurora
  • Carrier Code: C007
  • 4-Digit Zip Code: 5680
  • Zip Code: 60506

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,369
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: AU005

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $205,000
  • First Open Lien Mortgage Lender: GARCIA FERNANDO
  • First Open Lien Mortgage Recording Date: Mar 02, 2023
  • First Open Lien Mortgage Loan Amount: $205,000
  • 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: $249,832
  • Market Land Value: $13,451
  • Market Improvement Value: $236,381

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $83,244
  • Assessed Land Value: $4,482
  • Assessed Improvements Value: $78,762

    Sales

  • Current Sale Contract Date: Apr 26, 2022
  • Current Sale Recording Date: Jun 02, 2022
  • Current Sale Transaction ID: 11889432185
  • Current Sale Price: $224,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 29188
  • Previous Sale Recording Date: Oct 03, 2005
  • Previous Sale Contract Date: Aug 30, 2005
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GARCIA FERNANDO
  • First Mortgage Transaction Date: Jun 02, 2022
  • First Mortgage Loan Amount: $205,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: OLD SECOND NATIONAL BANK
  • Previous Mortgage Transaction Date: Oct 03, 2005
  • Previous Mortgage Loan Amount: $140,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Near West Galena



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Frequently Asked Questions

What neighborhood is 16 South Locust Street located in?
The 16 South Locust Street is a commercial located in the neighborhood of Near West Galena in Near West Galena, Aurora.
What is the average sales price for listings in 16 South Locust Street?
The average sales price for units in 16 South Locust Street is $229,000 currently.

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