NOT LISTED FOR SALE

11001 Southwest Hwy Palos Hills, IL 60465

0.75 Acre
-- Price per Acre
32,670 Sq Ft Lot

Last Sold May 26, 2016

Last sale price $200,000

203 Days on Market

About This Lot

As of May 2016

BANK WANTS OFFERS VACANT LAND FOR SALE! APPROXIMATELY 38,000 SF,CLEARED OUT. HEAVY TRAFFIC EXPOSURE, COMMERCIAL DISTRICT,OPPORTUNITIES ARE ENDLESS! DRIVE BY!ALSO A 26,OOO SQ FT BUILDING NEXT DOOR CAN BE INCLUDED TO EXPAND COMBINE WITH 30K BUILDING SQ FT NEXT DOOR

Last Agent to Sell the Property

Tim Tynan

eXp Realty, LLC License #471005710 Listed on: 08/26/2015

eXp Realty, LLC

Last Buyer's Agent

Khaled Muza

RE/MAX 10 License #475124048

RE/MAX 10

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $120,617

Year Built

  • 1979

Lot Details

Location

  • Property is near a bus stop

Property Details

Property Type

Land

Est. Annual Taxes

$120,617

Year Built

1979

Lot Details

0

Listing Details

  • Property Type: Land
  • General Information: Commuter Bus
  • Ownership: Fee Simple
  • Current Use: Commercial
  • Ownership Type: Sole Proprietor
  • Potential Use: Commercial
  • Rental Price: 10
  • Utilities To Site: Electric to Site, Gas to Site
  • Zoning Type: COMMR
  • Special Features: 20
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1979

Interior Features

  • Land Description: Cleared
  • Road Surface: Asphalt

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Acreage: 0.75
  • Frontage Access: City Street
  • Front Footage: 135

Schools

  • School District: 218
  • Junior High Dist: 122

Lot Info

  • Lot Dimensions: IRREGULAR
  • Estimated Land Sq Ft: 5917
  • Parcel Identification Number: 23133020260000

Tax Info

  • Taxes: 7689

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2015
Sold by
Standard Bank & Trust Company
Bought by
Standard Bank & Trust Company and Trust #20456
Total Days on Market
203

Purchase Details

Closed on
Jun 20, 2012
Sold by
Argem Llc
Bought by
Standard Bank And Trust Co

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
5.25%

Purchase Details

Closed on
Jul 29, 2004
Sold by
Hames Enterprises
Bought by
Argem Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,000
Interest Rate
4.25%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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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
Standard Bank & Trust Company -- Attorney
Standard Bank And Trust Co -- None Available
Argem Llc $1,525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 11001 Southwest Hwy Llc $750,000
Previous Owner Standard Bank And Trust Co $1,800,000
Previous Owner Argem Llc $1,200,000
Previous Owner Argem Llc $1,125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2016 05/26/16 Sold $200,000 -60.0% --
03/16/2016 03/16/16 Pending -- -- --
08/26/2015 08/26/15 For Sale $499,900 -- --
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 $120,617 $482,369 $264,420 $217,949
2023 $124,530 $482,369 $264,420 $217,949
2022 $124,530 $400,352 $264,420 $135,932
2021 $116,150 $400,350 $264,420 $135,930
2020 $112,001 $400,350 $264,420 $135,930
2019 $110,343 $404,321 $220,350 $183,971
2018 $105,006 $404,321 $220,350 $183,971
2017 $102,251 $404,321 $220,350 $183,971
2016 $93,404 $341,715 $198,315 $143,400
2015 $106,594 $394,599 $198,315 $196,284
2014 $113,642 $425,802 $198,315 $227,487
2013 $106,156 $425,535 $198,315 $227,220
Source: Public Records

Agents Affiliated with this Home

  • Tim Tynan

    Seller's Agent in 2016

    Tim Tynan

    eXp Realty, LLC

    (708) 217-5435

    71 Total Sales

    Tim Tynan
    Section Image
  • Khaled Muza

    Buyer's Agent in 2016

    Khaled Muza

    RE/MAX

    (773) 592-7091

    10 in this area

    200 Total Sales

    Khaled Muza
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09021954

Midwest Real Estate Data (MRED)

APN: 23-13-302-017-0000

Illinois Cook County Palos Hills 60465

11001 Southwest Hwy, Palos Hills, IL

This home is located at 11001 Southwest Hwy, Palos Hills, IL 60465 since 26 August 2015. This property was built in 1979. 11001 Southwest Hwy is a home located in Cook County with nearby schools including Palos East Elementary School, Palos South Middle School, and Amos Alonzo Stagg High School.

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