NOT LISTED FOR SALE

1100 Industry Rd New Lenox, IL 60451

Estimated Value: $179,645

6 Acres
$29,941 Price per Acre
261,360 Sq Ft Lot

Last Sold April 05, 2024

Last sale price $160,000

Est. 12% increase in value since last sale

Current estimated payment $1,066/month

541 Days on Market

Highlights

  • 6 Acre Lot
  • Bentley Elementary School Rated 9+
  • Farm

About This Lot

As of April 2024

6 acres zoned A1 - agricultural. Livestock is allowed, perfect location to build barn to house horses or cattle. Access from Industry Rd, street ends at property line located in Unincorporated Will County. Will County may consider zoning change to match the light industrial zoning on related MLS listing 11609644 available to the north, providing possible opportunities for a large contractor building or storage buildings with outdoor storage. Fence install along south and east property lines. Electric and gas readily available. City water and sewer can be tapped.

Last Agent to Sell the Property

Mark Wright

Coldwell Banker Realty License #475182410 Listed on: 08/20/2022

Coldwell Banker Realty

Last Buyer's Agent

Mary Wallace

Coldwell Banker Realty License #475136800

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,280

Lot Details

  • 6 Acre Lot
  • Lot Dimensions are 465 x 550
  • Property fronts a county road
  • Property is zoned AGRIC

Schools

  • Arnold J Tyler Elementary School
  • Alex M Martino Junior High Schoo
  • Lincoln-Way Central High School

Additional Features

  • Farm
  • No Utilities

Property Details

Property Type

Land

Est. Annual Taxes

$1,280

Lot Details

0

Listing Details

  • Property Type: Farm
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Agricultural
  • Road Surface Type: Asphalt, Gravel
  • General Information: Flood Zone (Partial)
  • Actual Status: Closed
  • ResoPropertyType: Farm
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: County Road, Gravel
  • Waterfront: No

Utilities

  • Utilities: None

Schools

  • Elementary School: Arnold J Tyler School
  • High School: Lincoln-Way Central High School
  • Middle/Junior School: Alex M Martino Junior High Schoo

Lot Info

  • Lot Size Acres: 6
  • Lot Dimensions: 465 X 550
  • Zoning: AGRIC
  • Lot Size: 6.0-7.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 10

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 1279.6
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2022
Closed on
Apr 5, 2024
Sold by
Villasenor Teodulo
Bought by
Teos Land Investment Corporation
Seller's Agent
Mark Wright
Coldwell Banker Realty
Buyer's Agent
Mary Wallace
Coldwell Banker Realty
List Price
$195,000
Sold Price
$160,000
Premium/Discount to List
-$35,000
-17.95%
Views
331
Current Estimated Value
$179,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,645
Avg. Annual Appreciation
6.39%
Original Mortgage
$104,000
Outstanding Balance
$78,069
Interest Rate
6.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$101,577

Purchase Details

Listed on
Aug 20, 2022
Closed on
Mar 18, 2024
Sold by
Trust Number 2947 and Chicago Title Land Trust Co
Bought by
Villasenor Teodulo
Seller's Agent
Mark Wright
Coldwell Banker Realty
Buyer's Agent
Mary Wallace
Coldwell Banker Realty
List Price
$195,000
Sold Price
$160,000
Premium/Discount to List
-$35,000
-17.95%
Views
331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Outstanding Balance
$78,069
Interest Rate
6.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$101,577

Purchase Details

Closed on
Dec 17, 2004
Sold by
Pazmey Corp
Bought by
Nlsb and Trust #2947
Source: Public Records
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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
Teos Land Investment Corporation -- Chicago Title
Villasenor Teodulo $160,000 Chicago Title
Nlsb $95,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teos Land Investment Corporation $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2024 04/05/24 Sold $160,000 -17.9% --
02/13/2024 02/13/24 Pending -- -- --
11/08/2023 11/08/23 For Sale $195,000 0.0% --
09/06/2023 09/06/23 Pending -- -- --
04/17/2023 04/17/23 For Sale $195,000 0.0% --
02/23/2023 02/23/23 Pending -- -- --
08/20/2022 08/20/22 For Sale $195,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $1,594 $20,367 $20,367 $0
2023 $1,594 $18,557 $18,557 $0
2022 $1,540 $15,000 $15,000 $0
2021 $1,268 $15,000 $15,000 $0
2020 $1,280 $15,000 $15,000 $0
2019 $1,266 $15,000 $15,000 $0
2018 $1,283 $15,000 $15,000 $0
2017 $1,256 $15,000 $15,000 $0
2016 $1,255 $15,000 $15,000 $0
2015 $1,274 $15,000 $15,000 $0
2014 $1,274 $15,000 $15,000 $0
2013 $1,274 $15,000 $15,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11609647

Midwest Real Estate Data (MRED)

APN: 15-08-27-200-025

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