NOT LISTED FOR SALE

Estimated Value: $3,088,662

-- Bed
-- Bath
-- Sq Ft
2.5 Acres

About This Home

This home is located at 1120 S Elmhurst Rd, Mount Prospect, IL 60056 and is currently estimated at $3,088,662. 1120 S Elmhurst Rd is a home located in Cook County with nearby schools including Robert Frost Elementary School, Friendship Jr High School, and Prospect High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2021
Sold by
Dbfs Llc
Bought by
Smart Shopping Center Ii Llc
Current Estimated Value
$3,088,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,680,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 8, 2013
Sold by
North Community Bank
Bought by
Dbfs Llc

Purchase Details

Closed on
Oct 15, 2012
Sold by
Piper Real Estate Inc
Bought by
North Community Bank

Purchase Details

Closed on
Jul 27, 2004
Sold by
Speer Paul D and Speer Yang Y
Bought by
Piper Real Estate Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,540,000
Interest Rate
6.34%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 31, 2002
Sold by
Choi Midong and Burress Robert
Bought by
Speer Yang Y and Speer Paul D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,360,000
Interest Rate
6.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 3, 2000
Sold by
Lasalle Bank National Assn
Bought by
Choi Midong and Burres Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
8.65%
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

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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
Smart Shopping Center Ii Llc $2,400,000 Chicago Title
Dbfs Llc $2,275,000 Ticor Title Insurance Compan
North Community Bank -- Chicago Title Insurance Comp
Piper Real Estate Inc $4,425,000 Stewart Title Company
Speer Yang Y $2,960,000 --
Choi Midong $1,750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smart Shopping Center Ii Llc $1,680,000
Previous Owner Piper Real Estate Inc $3,540,000
Previous Owner Speer Yang Y $2,360,000
Previous Owner Choi Midong $567,254
Previous Owner Choi Midong $1,750,000
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 $200,317 $800,694 $421,875 $378,819
2023 $200,317 $800,694 $421,875 $378,819
2022 $200,317 $800,694 $421,875 $378,819
2021 $221,732 $776,001 $421,875 $354,126
2020 $182,465 $656,155 $421,875 $234,280
2019 $209,095 $827,440 $421,875 $405,565
2018 $220,446 $772,138 $273,437 $498,701
2017 $221,098 $772,138 $273,437 $498,701
2016 $207,896 $772,138 $273,437 $498,701
2015 $249,863 $865,460 $265,625 $599,835
2014 $245,770 $865,460 $265,625 $599,835
2013 $196,771 $709,501 $265,625 $443,876
Source: Public Records

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