900 South Main Street

Local assessors in East Peoria, IL have categorized 900 South Main Street as a commercial type of property. The home was built in 1995 and is 29 years old. The property's lot size has been calculated to be 100,623 square feet. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 900 South Main Street has a total of 29,750 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. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 900 South Main Street sold most recently in Dec 18, 2018 for a total of $3,461,000. If you work out the math, that's approximately a cost of $116.34 per sqft. Before that, the property was also sold for $575,000 in Dec 15, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $18,668 in taxes each year. The initial year of tax delinquency occurred in 2021. 900 South Main Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $201,750. If we break it down further, the land itself was valued at $52,350. Improvements to the property, however, were assessed at a total of $149,400. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.