2055 Lowden Rd, Franklin Grove, IL 61031

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APN: 14-03-21-200-012

2055 Lowden Rd, Franklin Grove, IL 61031

Lot

Land Use
Agricultural Land
Lot Area (SF)
Lot Area (Acres)
Zoning
Frontage
Depth

Building

Year Built
Year Renovated
Stories
Number of Buildings
Existing Floor Area Ratio
Commercial Units
Residential Units
Total Units
Building Area
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Reported Ownership

Reported Owner
Mailing Address

Contact Information

Phone Number
Email Address
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Recorded Sales

Date Sales Price Buyer Seller Sales Doc # Multi-Property Sale
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Mortgage Records

Date Lender(s) Amount Doc # Maturity Date Crossed-Debt Parcels
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Tax Data

2017
Total Assessed Value
Assessed Land Value
Assessed Improvement Value
Total Market Value
Land Market Value
Improvements Market Value
Tax Amount
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Popular searches around Franklin Grove

Reonomy operates the most comprehensive database for Franklin Grove Commercial Real Estate and other commercial real estate assets across the U.S. Reonomy includes over 47 million commercial real estate properties, each property features sales, debt, tax and ownership data. Reonomy attracts a large community of Franklin Grove commercial real estate professionals. Members from Franklin Grove include brokers, investors and service providers, many of whom specialize in Franklin Grove Commercial Real Estate.

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Franklin Grove commercial real estate sold prices and values

The average assessed value of commercial real estate properties in Franklin Grove is $33,078. Commercial real estate sale prices in Franklin Grove have a median of $64,500. The last 24 months of sales history has seen 54 sales, with 6 sales greater than $250,000, 5 sales valued at over $1,000,000, and 2 sales valued at over $10,000,000. The average price per square foot of commercial real estate properties in Franklin Grove over the last 24 months is $40.

Values and sold prices (last 24 months) United States Illinois Franklin Grove
Average price/sqft $1,441 $338 $64
Median price/sqft $116 $106 $40
Average sold price $1,152,438 $1,485,144 $602,899
Median sold price $194,558 $191,081 $64,500
Number of sales 3,865,677 143,880 54
Number of sales over $250k 1,626,715 59,892 6
Number of sales over $1m 387,539 16,904 5
Number of sales over $10m 57,686 2,871 2
Average total tax amount $5,994 $8,901 $2,601
Average assessed value $308,174 $63,929 $33,078
Average market value $389,450 $270,736 $99,010

Franklin Grove commercial real estate property averages

The average lot size of commercial real estate properties in Franklin Grove is 405,471 sf. This is 189% above the Illinois average.

Property averages United States Illinois Franklin Grove
Average lot size 818,756 sf 381,274 sf 1,471,322 sf
Median lot size 24,545 sf 10,449 sf 405,471 sf
Average building area 1,144 sf 198 sf 84 sf
Median building area 74 sf 81 sf 47 sf
Median year built 1969 1959 1913
Average number of units 16 9 34
Median number of units 2 2 50

Franklin Grove commercial real estate total supply

There are 779 commercial real estate properties in Franklin Grove. This is 199% below the Illinois average. The total acerage is 11,720 acres and the aggregate building area for commercial real estate properties in Franklin Grove is 6,637 sf.

Supply United States Illinois Franklin Grove
Number of parcels 57,574,886 2,461,425 779
Aggregate lot acerage 902,778,622 11,957,878 11,720
Aggregate building area 8,065,475,157 sf 59,239,571 sf 6,637 sf
Aggregate units 87,857,722 2,398,267 104

Franklin Grove commercial real estate industrial mortgages

There are 336 mortgages for commercial real estate properties across Franklin Grove in the Reonomy database. The average value of those mortgages is $631,474. This is 159% below the Illinois average.

Debt United States Illinois Franklin Grove
Number of mortgages 40,017,848 3,207,373 336
Average value of mortgages $5,224,996 $5,620,812 $631,474

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