Call for Price
Total Views 45,738
0.17 Acre
-- Price per Acre
7,405 Sq Ft Lot

About This Lot

EXCELLENT OPPORTUNITY TO BE A BUSINESS OWNER IN THE HEART OF ITASCA'S HISTORIC DISTRICT - VACANT LAND AVAILABLE FOR DEVELOPMENT IN THE DOWNTOWN ITASCA. PERFECT LOCATION TO PUT A RESTAURANT/EATERY. CURRENTLY ZONED B6 - RESTAURANT RETAIL. LANDOWNER OFFERING APPEALING LEASE INCENTIVE TO POTENTIAL LESSEE TO BUILD THEIR BUSINESS THERE. MAGNIFICENT LOCATION FOR RESTAURANT, FAST FOOD, BREWERY w/outdoor seating - the possibilities are endless!!!

Listing Agent

Lisa Cruz

RE/MAX Suburban License #475158900 Listed on: 09/05/2023

RE/MAX Suburban

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,348

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 45 x 164

Schools

  • Raymond Benson Primary Elementary School
  • F E Peacock Middle School
  • Lake Park High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Community Details

  • No Laundry Facilities

Property Details

Property Type

Land

Est. Annual Taxes

$7,348

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Commercial
  • Road Surface Type: Asphalt
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Historical District
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: None
  • Possible Use: Commercial
  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 45
  • Frontage Type: City Street
  • Waterfront: No

Utilities

  • Cooling: None
  • Heating: Natural Gas
  • Laundry Features: None
  • Utilities: Electricity Available, Natural Gas Available, Water Available

Schools

  • Elementary School: Raymond Benson Primary School
  • High School: Lake Park High School
  • Middle/Junior School: F E Peacock Middle School
  • Middle/Junior School District: 10

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.17
  • Lot Dimensions: 45 X 164
  • Zoning: OTHER
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Estimated Land Sq Ft: 7405
  • Land Description: Cleared,Level
  • Total Listed Lots Avail: 1

Rental Info

  • Board Number: 10
  • Rental Price: 1
  • Rental Unit: Monthly

Building Info

  • Building(s) on Land: No

Multi Family

  • Existing Lease Type: Net

Tax Info

  • Tax Annual Amount: 7347.53
  • Tax Year: 2022
  • Tax Exemptions: None

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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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

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
2023 $5,423 $75,220 $33,210 $42,010
2022 $7,134 $99,930 $31,150 $68,780
2021 $6,798 $95,720 $29,840 $65,880
2020 $6,556 $91,690 $28,580 $63,110
2019 $6,417 $88,160 $27,480 $60,680
2018 $6,269 $83,570 $26,050 $57,520
2017 $6,846 $92,510 $24,900 $67,610
2016 $6,656 $85,410 $22,990 $62,420
2015 $6,490 $78,900 $21,240 $57,660
2014 $7,421 $85,870 $20,820 $65,050
2013 $9,507 $115,040 $21,240 $93,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2023 09/05/23 For Sale -- -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Deed $410,000 Chicago Title Land Trust Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 Unknown
Closed $500,000 Credit Line Revolving
Closed $328,000 Commercial
Previous Owner $60,000 Credit Line Revolving
Previous Owner $271,451 Commercial
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 11876834

Midwest Real Estate Data (MRED)

APN: 03-08-302-007