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425 Lincoln Highway, Rochelle, IL 60168
$289,000
425 Lincoln Highway, Rochelle, IL 60168View this property at 425 Lincoln Highway, Rochelle, IL 60168
425 Lincoln HighwayRochelleIL60168
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Property Description
Solid building a partially finished basement. FInished first floor, and 3 apts. on second floor. Main floor has 6 areas for leasing, but presently a tenant is renting 4 spaces, so there are 3 tenants on the main floor.Parking on street and in lot at rear where there is second entrance. Property shows well. Major overhaul was done in 1995. Great potential and flexibility for tenants. Large front windows for showcasing. A new roof over the 3 apartments will be installed in July 2021.
Full Property Details
Full Property Details for 425 Lincoln Hwy
General
- Price: $289,000
- Taxes: $11,199 (2020)
- Status: Active
- Type: Commercial
- MLS ID: 08308650
- Updated: 6/8/2022
- Added: 3, 593 day(s) ago
Additional Information
- Security/Safety: Smoke or Fire Protectors
Parking
- Total Spaces: 25
- Parking Features: 19 to 30 Spaces
Location
- Area: Flagg Center / Hillcrest / Kings / Rochelle
- County: Ogle
- Township: Flagg
- Driving Directions: Go to downtown Rochelle on Lincoln Hwy. Building is directly across the street from Aldo's Restaurant.
- Location Details: Far West, Central Business District
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat, Central Heat/Individual Controls, Forced Air, Gas, Radiators
Utilities
- Trash: 1077
- Onsite: Electricity to Site, Gas to Site, Storm Sewer Available, Community Water, Water to Site
Structural Information
- Basement: Yes
- Stories/Levels: 2
- Square Feet: 10,000
- Current Bldg. Use: Commercial
- # of Stores: 6
- Year Built: 1930
- Built Before 1978: Yes
Unit Information
- # Tenants: 6
Lot Features
- Lot Size (Sq. Ft.): 8,167
- Lot Dimensions: 66 x 123.75
- Potential Use: Commercial
- Zoning: COMMR
Financial Considerations
- Insurance Fee: $3,079
- Operating Expenses: $28,438
- Other Fee: $446
- Security Deposit: Smoke or Fire Protectors
- Assessment Year: 1930
- Tax Amount: $11,199
- Tax Year: 2020
- Tenant Pays: Electricity
- Pays Electric: 8437
- Pays Trash: 1077
Disclosures and Reports
- Property ID: 24243400020000
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Schools
Schools serving 425 Lincoln Hwy
School Districts:Rochelle Township High School District 212, Rochelle Ccsd 231
Rating | Name | Grades | Distance |
---|---|---|---|
1401 Flagg Rd, Rochelle, IL 61068 | 9-12 | 1.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 425 Lincoln Hwy
Date
Details
Price
Change
Source
6/02/2022
Price Reduced
$289,000
86.45%
MLS
9/02/2014
Sold
$155,000
-48.16%
Public Record
9/11/2013
Price Reduced
$299,000
-5.08%
MLS
4/05/2013
Listed
$315,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 425 Lincoln Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2020
$5,995
-1%
$21,425
-11%
2019
$6,044
38%
$24,074
43%
2018
$4,379
-30%
$16,863
-14%
2017
$6,262
8%
$19,553
—
2016
$5,825
4%
$19,553
12%
2015
$5,608
19%
$17,460
—
2014
$4,698
3%
$17,460
—
2013
$4,560
-13%
$17,460
-18%
2012
$5,252
—
$21,263
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 425 Lincoln Hwy
425 Lincoln Highway, Rochelle, IL 60168 (MLS# 08308650) is a Commercial property. 425 Lincoln Highway is currently listed for $289,000 and was received on April 04, 2013. Want to learn more about 425 Lincoln Highway? Do you have questions about finding other Commercial real estate for sale in Rochelle? You can browse all Rochelle real estate or contact a Coldwell Banker agent to request more information.