427 WEST MAIN ST
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Location
427 WEST MAIN ST
Mblu
0614/ 0207/ 0012/ 0000/
Acct#
9745
Owner
KARAS MERIDEN 2014 LLC
Total Market Value
$2,160,100
Appraisal
$3,085,900
PID
9745
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$2,833,900$252,000$3,085,900
Assessment
Valuation YearImprovementsLandTotal
2025$1,983,700$176,400$2,160,100

Owner of Record
OwnerKARAS MERIDEN 2014 LLC
Co-Owner
AddressC/O WALGREEN CO REAL ESTATE TAX DEPT
PO BOX 1159
DEERFIELD, IL 60015
Sale Price$6,750,000
Book & Page 4958/282
Sale Date12/10/2014
Instrument22
QualifiedU

Ownership History
Ownership History
OwnerSale PriceBook & PageInstrumentSale Date
KARAS MERIDEN 2014 LLC$6,750,0004958/2822212/10/2014
KARMA FUND 4 LLC$5,820,0004897/972504/09/2014

Building Information
Building 1 : Section 1
Year Built: 2000
Living Area: 15,160
Replacement Cost: $3,128,974
Building Percent Good: 89
Replacement Cost
Less Depreciation:
$2,784,800
Building Attributes
FieldDescription
StylePharmacy
ModelComm/Ind
GradeA
Stories1
Occupancy1
Exterior Wall 1Concr/Cinder
Exterior Wall 2 
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Drywall
Interior Wall 2 
Interior Floor 1Vinyl
Interior Floor 2 
Heat FuelGas
Heat TypeForced Hot Air
AC TypeCentral
Bldg UseCommercial
Total Rooms 
Total Bedrooms 
Total Full Bath(s)0
Total Half Bath(s)0
Extra Fixture(s)0
Fireplace(s)0
Extra Opening(s) 
Gas Fireplace(s) 
WS Flues0
Heat/ACHT/AC PACKAGE
FrameMasonry
Baths/PlumbingAverage
Ceiling/Wall06
Rooms/Prtns02
Wall Height18.00
% Sprinkled0
1st Floor Use 
Bsmt Garage0
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFIRST FLOOR 15,160 15,160
CANCANOPY 1,592 0
   16,752 15,160

Extra Features
Extra Features
CodeDescriptionSizeValueAssessed ValueBldg #
DUW1DRIVE-UP WINDW1.00 UNIT$11,600$8,1001

Land
Land Use
Use Code201
DescriptionCommercial  
NeighborhoodC4A
Land Line Valuation
Size (Acres)1.68
Total Market Land$176,400
Appraised Value$252,000

Outbuildings
Outbuildings
CodeDescriptionSizeValueAssessed ValueBldg #
PAV1PAVING28000.00 S.F.$30,100$21,1001
LT1LIGHTS-IN W/PL4.00 UNITS$3,200$2,2001
LT2W/DOUBLE LIGHT4.00 UNITS$4,200$2,9001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2024$2,750,000$1,950,000$4,700,000
2023$2,750,000$1,950,000$4,700,000

Assessment
Valuation YearImprovementsLandTotal
2024$1,925,000$1,365,000$3,290,000
2023$1,925,000$1,365,000$3,290,000

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