NOT LISTED FOR SALE

Estimated Value: $198,000

0.07 Acre
$2,828,571 Price per Acre
3,049 Sq Ft Lot

Last Sold July 12, 2023

Last sale price $1,000 $1 Per Sq Ft

Est. 19,700% increase in value since last sale

Current estimated payment $1,101/month

19 Days on Market

About This Lot

As of July 2023

Multiple offers have already been received. Calling for highest and best offers by Monday 5 June 2023 at 12:00 PM noon. Incredibly affordable development opportunity or perfect lot to landbank until you decide what you'd like to build. Seller is liquidating, and you can benefit by picking up this buildable lot. Block is zoned RS3 for SFH or multi unit buildings. Available and buildable lots on either side of this property create unique opportunities for larger acquisitions and developments. Drive by at any time and submit your offer.

Last Agent to Sell the Property

Christopher Thomas

EXIT Strategy Realty License #471009720 Listed on: 05/27/2023

EXIT Strategy Realty

Last Buyer's Agent

Heriberto Molina

Keller Williams ONEChicago License #475206106

Keller Williams ONEChicago

Property Details

Property Type

  • Land

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25 x 124
  • Property is zoned SINGL

Parking

  • Driveway

Utilities

  • No Cooling
  • No Heating
  • Gas Available at Street

Community Details

Amenities

  • No Laundry Facilities

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Single Family
  • Road Surface Type: Asphalt
  • General Information: None
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family
  • Basement Description: None

Exterior Features

  • Frontage Length: 25
  • Frontage Type: City Street
  • List Price: 1000
  • Waterfront: No
  • Rail Availability: None

Garage/Parking

  • Number of Cars: 0
  • Driveway: Asphalt

Utilities

  • Cooling: None
  • Heating: None
  • Laundry Features: None
  • Utilities: Electric Nearby, Gas Nearby, Sanitary Sewer, Water Nearby

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.07
  • Lot Dimensions: 25 X 124
  • Zoning: SINGL
  • Lot Size: .50-.99 Acre
  • Special Assessments: N
  • Estimated Land Sq Ft: 3100
  • Land Description: Cleared,Level
  • Total Listed Lots Avail: 1

Rental Info

  • Board Number: 8

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 305.71
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2023
Closed on
Jul 1, 2023
Sold by
Eaj Properties Llc
Bought by
Bailey Services Llc
Seller's Agent
Christopher Thomas
EXIT Strategy Realty
Buyer's Agent
Heriberto Molina
Keller Williams ONEChicago
List Price
$1,000
Sold Price
$1,000
Views
115
Current Estimated Value
$198,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,000
Avg. Annual Appreciation
1084.06%

Purchase Details

Closed on
Jun 20, 2006
Sold by
Kenney John and Kenney Gregory Elijah
Bought by
Eaj Properties Llc

Purchase Details

Closed on
Jan 3, 2006
Sold by
Chicago Title Land Trust Co
Bought by
Kenney John and Kenney Gregory Elijah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,400
Interest Rate
6.46%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 26, 2005
Sold by
Midwest Tankermen Inc
Bought by
Chicago Title Land Trust Co and Cole Taylor Bank Trust #01-041191
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
Bailey Services Llc $1,000 None Listed On Document
Eaj Properties Llc -- None Available
Kenney John $112,000 Cti
Chicago Title Land Trust Co $79,000 Ticor
Midwest Tankermen Inc $45,000 Ticor
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gregory Elijah $22,400
Previous Owner Kenney John $89,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2023 07/12/23 Sold $1,000 0.0% $1 / Sq Ft
06/16/2023 06/16/23 Pending -- -- --
05/27/2023 05/27/23 For Sale $1,000 -- $1 / 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 $262 $1,860 $1,860 --
2023 $256 $1,240 $1,240 --
2022 $256 $1,240 $1,240 $0
2021 $306 $1,516 $1,240 $276
2020 $1,391 $6,227 $1,705 $4,522
2019 $1,378 $6,843 $1,705 $5,138
2018 $1,355 $6,843 $1,705 $5,138
2017 $1,996 $9,253 $1,550 $7,703
2016 $1,858 $9,253 $1,550 $7,703
2015 $1,700 $9,253 $1,550 $7,703
2014 $1,429 $7,683 $1,395 $6,288
2013 $1,401 $7,683 $1,395 $6,288
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11793540

Midwest Real Estate Data (MRED)

APN: 25-21-402-027-0000