NOT LISTED FOR SALE

1002 E Grant Hwy Marengo, IL 60152

Estimated Value: $409,679

1.89 Acres
$216,761 Price per Acre
82,328 Sq Ft Lot

Last Sold January 31, 2019

Last sale price $275,000

Est. 49% increase in value since last sale

Current estimated payment $2,565/month

1,356 Days on Market

About This Lot

As of January 2019

Residence on property brings in annual income. Municipal services nearby with low recapture fees. Nearby businesses: Hubbs Nursery, Sullivan Foods, Cafe 20, Joe's Place! New Dollar General just east of property. Plans moving forward with Route 23-I90 interchange. Good for strip/retail center, or stand-alone. Local government is development-friendly. 262' frontage on busy Route 20! Visit Premier Commercial Realty website to see more listings.

Last Agent to Sell the Property

Tina M. Kropke

Keller Williams Chicago-O'Hare Listed on: 10/31/2014

Co-Listed By

Joseph Billitteri

Premier Commercial Realty License #475122932

Last Buyer's Agent

Joseph Billitteri

Premier Commercial Realty License #475122932

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,787

Lot Details

  • 1.89 Acre Lot
  • Lot Dimensions are 262x235x250x285
  • Property fronts a state road
  • Additional Parcels
  • Property is zoned COMMR

Home Design

  • Cape Cod Architecture
  • Mixed Use

Interior Spaces

  • 1.5-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Electricity Available at Street
  • Residence on Property
  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$4,787

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • Current Use: Single Family
  • ArchitecturalStyle: Cape Cod
  • Property Sub-Type: 1.5 Story
  • Road Surface Type: Asphalt
  • General Information: None
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: Partial
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Possible Use: Commercial, Retail, Zoning Change Required
  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: State Road
  • OtherStructures: Residence
  • Waterfront: No
  • Rail Availability: None

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: Electric Nearby, Gas to Site, Sanitary Sewer, Water Nearby

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 1.89
  • Lot Dimensions: 262X235X250X285
  • Zoning: COMMR
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 20
  • Rental Price: 0

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 4786.52
  • Tax Year: 2016

Range of Values:

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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

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2019 01/31/19 Sold $275,000 -25.7% --
10/30/2014 10/30/14 For Sale $370,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $22,640 $298,343 $76,341 $222,002
2023 $22,241 $262,996 $67,296 $195,700
2022 $21,334 $237,833 $60,857 $176,976
2021 $5,518 $59,887 $55,451 $4,436
2020 $5,443 $56,992 $52,770 $4,222
2019 $4,285 $40,043 $17,133 $22,910
2018 $3,997 $37,507 $16,048 $21,459
2017 $3,886 $35,528 $15,201 $20,327
2016 $3,780 $33,195 $14,203 $18,992
2013 -- $32,477 $13,896 $18,581
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08765730

Midwest Real Estate Data (MRED)

APN: 11-36-476-006