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91-22 AUTHORIZING SALE OF PROPERTY - 614 EAST CANTRELL STREET
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91-22 AUTHORIZING SALE OF PROPERTY - 614 EAST CANTRELL STREET
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8/22/2016 4:40:44 PM
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8/22/2016 4:40:34 PM
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Resolution/Ordinance
Res Ord Num
91-22
Res Ord Title
AUTHORIZING SALE OF PROPERTY - 614 EAST CANTRELL STREET
Approved Date
2/4/1991
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LEGAL DESCRIPTION <br /> See attached copies of both property record cards acquired <br /> in the Decatur Assessor's Office in the Macon County <br /> Courthouse <br /> , State of Illinois. <br /> LOi1ING CLASS:IFICATION <br /> Cit:y B-2 - Cr�mmercial Utilization (See attached copies of <br />� appropriate rit code <br /> Y ) <br /> AS5ESSED VALUATION <br /> There are tw�� parcels involved (#12-14-379-021 and <br />, #12-14-379-007 and no recent ass <br /> ) essment information is <br /> available since subject property is tax exempt. <br /> SITE DESCRIPTION <br /> There is a aittached sketch of the lot confiquration, which <br /> is not warranted by the appraiser to be 100� accurate. <br /> The total land area has approximately 25, 920 S.F. , or . 60 <br /> acres. The rite is topographically gently rolling, all <br /> usable, has no apparent adverse easements or <br /> encrvachment�, is served by all public utilities and city <br /> services, has two vehicle access areas off of E. Cantrell <br /> St. , is a cor_ner located lot and is not in a FEMA <br /> designated flood hazard zone. <br /> AREA DESCRIPTION <br /> Subject is lc�cated in the Northeastern corner of the <br /> intersection of S. Martin Luttier Kinq Dr. and E. Cantrell <br /> St. (see att�iched copy of city plat map) . This area is <br /> situated in an old southeastern inner city residential <br /> area that ha�; some commercial usage to the West of Subject <br /> along the Nor.th side of E. Cantrell St. and there is a <br /> former Childr.en's Home to the North of Subject property on <br /> the East side of Martin Luther King Dr. The rest of the <br /> immediate ar�a is residential in nature with some public <br /> owned scattered housing to the Northwest and South of <br /> subject. Buyer demand for commercial property in this <br /> area is very modest at this point in time. <br />
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