NOT LISTED FOR SALE

1020 E Central Rd Mount Prospect, IL 60056

North Mount Prospect Neighborhood

Estimated Value: $3,698,503

-- Bed
-- Bath
-- Sq Ft
0.35 Acres

About This Home

This home is located at 1020 E Central Rd, Mount Prospect, IL 60056 and is currently estimated at $3,698,503. 1020 E Central Rd is a home located in Cook County with nearby schools including Fairview Elementary School, Lincoln Middle School, and Prospect High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2022
Sold by
Robert C Mcpherson C and Robert Karen M
Bought by
Village Of Mount Prospect
Current Estimated Value
$3,698,503

Purchase Details

Closed on
Mar 1, 2017
Sold by
1020 Rand Llc
Bought by
Mcpherson Robert C and Groningen Karen M Van

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Interest Rate
4.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 15, 2015
Sold by
Atlas Oil Company
Bought by
1020 Rand Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
3.68%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 9, 2010
Sold by
Fifth Third Bank
Bought by
Atlas Oil Company

Purchase Details

Closed on
Mar 26, 2009
Sold by
Platinum Oil Company
Bought by
Fifth Third Bank

Purchase Details

Closed on
Feb 11, 2005
Sold by
Founders Bank
Bought by
Platinum Oil Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
5.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 21, 2003
Sold by
Parkway Bank & Trust Co
Bought by
Founders Bank and Trust #6307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,327,875
Interest Rate
6%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 24, 2003
Sold by
Zervos Three Inc
Bought by
Parkway Bank & Trust Co and Trust #13503

Purchase Details

Closed on
May 6, 2002
Sold by
Chicago Title Land Trust Company
Bought by
Mp Tower Llc

Purchase Details

Closed on
Dec 12, 2000
Sold by
Equilon Enterprises Llc
Bought by
Cherokee Festival Holdings Llc

Purchase Details

Closed on
Jun 18, 1998
Sold by
Shell Oil Company
Bought by
Equilon Enterprises Llc
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
Village Of Mount Prospect $13,000 None Listed On Document
Mcpherson Robert C $2,630,000 Attorney
1020 Rand Llc $825,000 Title Source Inc
Atlas Oil Company $650,000 Fatic
Fifth Third Bank -- First American Title Ins Co
Platinum Oil Co $1,250,000 Lawyers
Founders Bank $1,220,500 Git
Parkway Bank & Trust Co -- --
Mp Tower Llc -- --
Cherokee Festival Holdings Llc $200,000 --
Equilon Enterprises Llc $1,323,036 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcpherson Robert C $1,650,000
Previous Owner 1020 Rand Llc $1,800,000
Previous Owner Platinum Oil Co $950,000
Previous Owner Founders Bank $1,327,875
Closed Platinum Oil Co $570,000
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 $53,562 $180,188 $57,375 $122,813
2023 $51,385 $180,188 $57,375 $122,813
2022 $51,385 $180,188 $57,375 $122,813
2021 $63,111 $192,000 $57,375 $134,625
2020 $61,048 $192,000 $57,375 $134,625
2019 $68,538 $239,568 $57,375 $182,193
2018 $43,763 $137,010 $34,425 $102,585
2017 $43,860 $137,010 $34,425 $102,585
2016 $41,153 $137,010 $34,425 $102,585
2015 $54,979 $168,298 $32,512 $135,786
2014 $54,058 $168,298 $32,512 $135,786
2013 $52,791 $168,298 $32,512 $135,786
Source: Public Records

Map

Illinois Cook County Mount Prospect 60016 North Mount Prospect

1020 E Central Rd, Mount Prospect, IL

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