525 Illinois Street

525 Illinois Street has been categorized by the local assessors in Marseilles, IL as a residential type of property. The building on the property was first built in 1956 and is 68 years old. In addition, 525 Illinois Street has 1,247 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 10,019 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. The property was last sold in Dec 7, 2023 for $152,000. That's $121.89 per sqft. Prior to that sales transaction, the property was also sold in Dec 15, 2021 for $127,500. 525 Illinois Street was last assessed in 2022. The total value of the property was assessed at $30,243. Specifically, the land the property is located on was valued at $6,089. While improvements on the property were assessed at a total of $24,154. 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 $0. 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.