NOT LISTED FOR SALE

1131 S Elmwood Ave Oak Park, IL 60304

Estimated Value: $236,000 - $434,000

0.1 Acre
$2,983,700 Price per Acre
4,356 Sq Ft Lot

Last Sold April 12, 2023

Last sale price $178,000 $176 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,761/month

1 Day on Market

About This Lot

As of April 2023

Attention developers and end users! Buildable lot in Southeast Oak Park perfect for developer or end user who wants to build their own custom home. Located in R4 residential district this recently cleared/vacant lot will allow for 4000sqft home (including below grade/basement) to be built. No demolition needed, site cleared and utilities to site.

Last Agent to Sell the Property

Tim Sheahan

Compass License #475145058 Listed on: 03/01/2023

Compass

Co-Listed By

Jay Kuchenbecker

Compass License #475150987

Last Buyer's Agent

Ressie Krabacher

Keller Williams ONEChicago License #475125553

Keller Williams ONEChicago

Property Details

Property Type

  • Land

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 38 x 126
  • Property is zoned SINGL

Utilities

  • Electricity To Lot Line
  • Gas Available

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Estate, Single Family, Other
  • Road Surface Type: Asphalt
  • General Information: School Bus Service,Interstate Access
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family
  • Basement Description: None
  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • List Price: 179000
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: Electric to Site, Gas to Site, Water to Site

Schools

  • Middle/Junior School District: 97

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.1
  • Lot Dimensions: 38 X 126
  • Zoning: SINGL
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 10993
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2023
Closed on
Apr 4, 2023
Sold by
Cl Development Llc
Bought by
Menon Siva and Menon Shalini
Seller's Agent
Tim Sheahan
Compass
Buyer's Agent
Ressie Krabacher
Keller Williams ONEChicago
List Price
$179,000
Sold Price
$178,000
Premium/Discount to List
-$1,000
-0.56%
Views
56
Current Estimated Value
$298,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,370
Avg. Annual Appreciation
22.95%
Original Mortgage
$142,400
Outstanding Balance
$138,353
Interest Rate
7.38%
Mortgage Type
Construction
Estimated Equity
$160,017

Purchase Details

Listed on
Nov 26, 2019
Closed on
Dec 12, 2019
Sold by
Crawford Allen
Bought by
52Nd Ave Llc
Seller's Agent
John Downes
HomeSmart Connect LLC
Buyer's Agent
Foster Chambers
Phoenix Realty LLC
List Price
$199,900
Sold Price
$180,000
Premium/Discount to List
-$19,900
-9.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.35%
Original Mortgage
$444,000
Interest Rate
3.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Menon Siva $178,000 None Listed On Document
52Nd Ave Llc $180,000 Saturn Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Menon Siva $142,400
Previous Owner 52Nd Ave Llc $444,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/12/2023 04/12/23 Sold $178,000 -0.6% $176 / Sq Ft
03/03/2023 03/03/23 Pending -- -- --
03/01/2023 03/01/23 For Sale $179,000 -0.6% $177 / Sq Ft
01/18/2020 01/18/20 Sold $180,000 -10.0% $164 / Sq Ft View Prior Sale
12/14/2019 12/14/19 Pending -- -- --
11/26/2019 11/26/19 For Sale $199,900 -- $182 / 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 $2,157 $6,615 $6,615 --
2023 $11,281 $6,615 $6,615 --
2022 $11,281 $29,377 $4,961 $24,416
2021 $10,993 $29,377 $4,961 $24,416
2020 $10,724 $29,377 $4,961 $24,416
2019 $9,505 $24,774 $4,488 $20,286
2018 $9,149 $24,774 $4,488 $20,286
2017 $3,987 $24,774 $4,488 $20,286
2016 $5,557 $19,000 $3,780 $15,220
2015 $5,230 $19,000 $3,780 $15,220
2014 $4,891 $19,000 $3,780 $15,220
2013 $5,412 $21,136 $3,780 $17,356
Source: Public Records

Agents Affiliated with this Home

  • Tim Sheahan

    Seller's Agent in 2023

    Tim Sheahan

    Compass

    (312) 733-7201

    19 in this area

    586 Total Sales

    Tim Sheahan
    Section Image
  • Jay Kuchenbecker

    Seller Co-Listing Agent in 2023

    Jay Kuchenbecker

    Compass

    (773) 524-4444

    6 in this area

    19 Total Sales

    Jay Kuchenbecker
    Section Image
  • Ressie Krabacher

    Buyer's Agent in 2023

    Ressie Krabacher

    Keller Williams ONEChicago

    (773) 965-4100

    1 in this area

    73 Total Sales

    Ressie Krabacher
    Section Image

  • J

    Seller's Agent in 2020

    John Downes

    The McDonald Group

    Section Image

  • F

    Buyer's Agent in 2020

    Foster Chambers

    Phoenix Realty LLC

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11728276

Midwest Real Estate Data (MRED)

APN: 16-18-420-033-0000

Illinois Cook County Oak Park 60304

1131 S Elmwood Ave, Oak Park, IL

This home is located at 1131 S Elmwood Ave, Oak Park, IL 60304 since 01 March 2023 and is currently estimated at $298,370, approximately $294 per square foot. 1131 S Elmwood Ave is a home located in Cook County with nearby schools including Washington Irving School, Percy Julian Middle School, and Oak Park and River Forest High School.

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