NOT LISTED FOR SALE

1 E Phillip Rd Vernon Hills, IL 60061

-- Bed
-- Bath
-- Sq Ft
0.69 Acres

About This Home

This home is located at 1 E Phillip Rd, Vernon Hills, IL 60061. 1 E Phillip Rd is a home located in Lake County with nearby schools including Hawthorn School Of Dual Language, Hawthorn Aspen Elementary School, and Hawthorn Middle School South.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2024
Sold by
Deerden Partners Llc
Bought by
City Park Properties Llc

Purchase Details

Closed on
Aug 25, 2006
Sold by
Wayne Hummer Trust Co Na
Bought by
Deerden Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,300,000
Interest Rate
6.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 19, 1997
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Lake Forest Bank & Trust Company and Trust #Lft-1187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,335,000
Interest Rate
8%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
City Park Properties Llc $2,000,000 Stewart Title Guaranty Company
Deerden Partners Llc -- None Available
Lake Forest Bank & Trust Company $475,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Deerden Partners Llc $2,300,000
Previous Owner Lake Forest Bank & Trust Company $1,335,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $35,509 $402,731 $60,496 $342,235
2023 $35,208 $380,006 $57,082 $322,924
2022 $35,208 $378,529 $56,860 $321,669
2021 $34,094 $374,448 $56,247 $318,201
2020 $33,561 $375,726 $56,439 $319,287
2019 $32,905 $374,341 $56,231 $318,110
2018 $31,789 $370,798 $54,167 $316,631
2017 $31,910 $362,143 $52,903 $309,240
2016 $42,567 $476,049 $50,659 $425,390
2015 $42,111 $445,197 $47,376 $397,821
2014 $43,384 $451,107 $48,005 $403,102
2012 $41,383 $452,011 $48,101 $403,910
Source: Public Records

Map

Illinois Lake County Vernon Hills 60061

1 E Phillip Rd, Vernon Hills, IL

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