NOT LISTED FOR SALE

1042 Lathrop Ave River Forest, IL 60305

Estimated Value: $605,000 - $651,064

0.21 Acre
$2,988,171 Price per Acre
9,148 Sq Ft Lot

Last Sold December 16, 2020

Last sale price $482,675 $142 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,665/month

26 Days on Market

About This Lot

As of December 2020

Raw land in the heart of River Forest. 50x187' lot with nothing to tear down. Build your dream home and be among some the finest homes in all of RF! Option to combine with 1032 Lathrop for a combined 100x187'. Highly walkable to schools, parks, RFTC, paddle courts, Metra and more!

Last Agent to Sell the Property

Brian Behan

@properties Christie's International Real Estate License #475175921 Listed on: 10/15/2020

@properties Christie's International Real Estate

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,426

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 50x186
  • Property is zoned SINGL

Schools

  • Willard Elementary School
  • Roosevelt Middle School
  • Oak Park & River Forest High Sch

Additional Features

  • Electricity Available at Street
  • Gas Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$6,426

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Road Surface Type: Asphalt
  • General Information: None
  • New Construction Y/N: No
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 50
  • Frontage Type: City Street
  • List Price: 500000
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

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

Schools

  • Elementary School: Willard Elementary School
  • High School: Oak Park & River Forest High Sch
  • Middle/Junior School: Roosevelt School
  • Middle/Junior School District: 90

Lot Info

  • Lot Size Acres: 0.21
  • Lot Dimensions: 50X186
  • Zoning: SINGL
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Estimated Land Sq Ft: 9200

Rental Info

  • Board Number: 8

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 6426.03
  • Tax Year: 2019
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2020
Closed on
Dec 9, 2020
Sold by
Reitz Roger and Walsh Reitz Margaret
Bought by
Sankary Howard N and Howard N Sankary Trust
Seller's Agent
Brian Behan
@properties Christie's International Real Estate
Buyer's Agent
Non Member
NON MEMBER
List Price
$500,000
Sold Price
$482,675
Premium/Discount to List
-$17,325
-3.46%
Current Estimated Value
$627,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,841
Avg. Annual Appreciation
5.74%

Purchase Details

Closed on
Mar 24, 2012
Sold by
Deutsche Bank National Trust Company
Bought by
Reitz Roger and Walsh Reitz Margaret M

Purchase Details

Closed on
Jan 6, 2012
Sold by
Allen Robert P and Allen Robert
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Feb 8, 2010
Sold by
Allen Robert P
Bought by
1042 Lathrop Avenue Trust and Clifden Properties Inc

Purchase Details

Closed on
Oct 3, 2006
Sold by
Cairo Frank and Cairo Teresa
Bought by
Allen Robert P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$547,360
Interest Rate
1.9%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

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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
Sankary Howard N $483,000 Fidelity National Title
Reitz Roger $270,000 None Available
Deutsche Bank National Trust Company -- None Available
1042 Lathrop Avenue Trust -- None Available
Allen Robert P $684,500 Prairie Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Allen Robert P $547,360
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2020 12/16/20 Sold $482,675 -3.5% $142 / Sq Ft
11/10/2020 11/10/20 Pending -- -- --
10/15/2020 10/15/20 For Sale $500,000 +85.2% $147 / Sq Ft
06/11/2012 06/11/12 Sold $270,000 -21.7% $79 / Sq Ft
05/17/2012 05/17/12 Pending -- -- --
01/19/2012 01/19/12 For Sale $345,000 -- $102 / Sq Ft
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 $3,022 $11,040 $11,040 --
2023 $7,353 $11,040 $11,040 --
2022 $7,353 $22,770 $22,770 $0
2021 $7,081 $22,770 $22,770 $0
2020 $6,919 $22,770 $22,770 $0
2019 $6,426 $20,700 $20,700 $0
2018 $6,083 $20,700 $20,700 $0
2017 $6,062 $20,700 $20,700 $0
2016 $5,475 $17,020 $17,020 $0
2015 $5,379 $17,020 $17,020 $0
2014 $4,927 $17,020 $17,020 $0
2013 $4,802 $17,020 $17,020 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10883531

Midwest Real Estate Data (MRED)

APN: 15-01-311-013-0000