NOT LISTED FOR SALE

1040 Busse Hwy Park Ridge, IL 60068

Estimated Value: $1,130,000

-- Bed
6 Baths
-- Sq Ft
9,757 Sq Ft Lot

About This Home

This home is located at 1040 Busse Hwy, Park Ridge, IL 60068 and is currently estimated at $1,130,000. 1040 Busse Hwy is a home located in Cook County with nearby schools including George B Carpenter Elementary School, Lincoln Middle School, and Maine South High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2020
Sold by
Chicago Title Land Trust Company
Bought by
1040 Busse Highway Llc
Current Estimated Value
$1,130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,057,500
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 3, 1999
Sold by
Kersting Thomas F and Kersting Theodore P
Bought by
Cole Taylor Bank and Trust #998391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
8.37%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
1040 Busse Highway Llc $705,000 Fidelity National Title
Cole Taylor Bank $525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1040 Busse Highway Llc $1,057,500
Previous Owner Cole Taylor Bank $400,000
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 $16,641 $61,316 $12,675 $48,641
2023 $15,946 $61,316 $12,675 $48,641
2022 $15,946 $61,316 $12,675 $48,641
2021 $19,553 $64,290 $8,287 $56,003
2020 $25,647 $87,809 $8,287 $79,522
2019 $13,794 $52,926 $8,287 $44,639
2018 $10,991 $38,407 $7,312 $31,095
2017 $16,837 $59,086 $7,312 $51,774
2016 $12,671 $46,182 $7,312 $38,870
2015 $20,702 $67,123 $6,337 $60,786
2014 $20,294 $67,123 $6,337 $60,786
2013 $19,223 $67,123 $6,337 $60,786
Source: Public Records

Map

Illinois Cook County Park Ridge 60068

1040 Busse Hwy, Park Ridge, IL

This home is located at 1040 Busse Hwy, Park Ridge, IL 60068 and is currently estimated at $1,130,000. 1040 Busse Hwy is a home located in Cook County with nearby schools including George B Carpenter Elementary School, Lincoln Middle School, and Maine South High School.

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