NOT LISTED FOR SALE

11588 N 17500e Rd Unit C Grant Park, IL 60940

Estimated Value: $343,000 - $788,955

3 Beds
2 Baths
1,440 Sq Ft
$426/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $630,000 $438 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,523/month

509 Days on Market

About This Home

As of February 2022

Perfect investment property for the new Illinois Gaming Horse Revitalization Bill! Here are multiple homes & multiple barns on 29 beautiful acres in desirable Grant Park: The main house has been meticulously updated to the highest standards; the cozy 2nd house has a full basement, and the Big Barn has a huge modern apartment. This amazing property offers some GREAT opportunities for the entrepreneur, such as: breeding and/or boarding racehorses, establishing a riding academy, or cultivating various cash crops. It's also perfect for an extended family, or breeder/rancher/trainer who needs on-site staff. Worth a closer look - come and see! (c)2021

Last Agent to Sell the Property

Susan Fisher

Coldwell Banker Realty License #475133610 Listed on: 02/04/2019

Coldwell Banker Realty

Last Buyer's Agent

Susan Fisher

Coldwell Banker Realty License #475133610 Listed on: 02/04/2019

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,593

Year Built | Renovated

  • 1946 | 2007

Lot Details

  • 29

Home Design

  • Frame Construction

Interior Spaces

  • 1,440 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Parking

  • Gravel Driveway
  • Uncovered Parking
  • On-Site Parking
  • Parking Included in Price

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,593

Year Built | Renovated

1946 | 2007

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1.5 Story
  • Property Sub Type: 1.5 Story
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2007
  • Architectural Style: Farmhouse
  • Directions: Rte 50 to east on 12000N Rd; 14 miles to right on 17500E Rd. *Use 11588C N 17500E Rd for your satellite directional system.*
  • Lot Size: 571 X 2226
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1946
  • Year Renovated: 2007

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 1440
  • Assessed Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1440
  • Basement Sq Ft: 560
  • Total Sq Ft: 1440
  • Upper Level Sq Ft: 560
  • Main Level Sq Ft: 880
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Wood Laminate Floors, First Floor Bedroom, Built-in Features
  • Other Equipment: Water-Softener Rented, TV-Dish, Sump Pump
  • Dining Room Type: Tandem Room, Loft

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Patio, Porch, Box Stalls
  • Foundation Details: Block
  • Exterior Building Type: Frame
  • Lot Features: Horses Allowed, Paddock, Wooded, Rear of Lot, Mature Trees
  • Other Structures: Barn(s), Outbuilding, Second Residence, Shed(s)
  • Waterfront: No

Garage/Parking

  • Parking Features: Side Apron, Driveway
  • Number of Cars: 15
  • Driveway: Gravel
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned
  • Total Parking Spaces: 15

Utilities

  • Cooling: Central Air
  • Heating: Propane, Forced Air, Radiant
  • Electric: Circuit Breakers, 200+ Amp Service, 100 Amp Service
  • Sewer: Septic-Private
  • Water Source: Private Well

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable
  • Community Features: Horse-Riding Area, Street Paved, Other

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Grant Park Elementary School
  • High School: Grant Park High School
  • Junior High Dist: 6

Lot Info

  • Rural (Y/N): Y
  • Lot Size: 10+ Acres
  • Special Assessments: N
  • Zero Lot Line: No
  • Additional Parcels: No
  • Zoning: AGRIC

Rental Info

  • Board Number: 21
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Exemptions: None
  • Tax Annual Amount: 8882.28
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2019
Closed on
Feb 23, 2022
Sold by
Mccormick Robert R
Bought by
Sumac Creek Farms Llc
Seller's Agent
Susan Fisher
Coldwell Banker Realty
Buyer's Agent
Susan Fisher
Coldwell Banker Realty
List Price
$630,000
Sold Price
$630,000
Current Estimated Value
$634,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,484
Avg. Annual Appreciation
0.16%
Original Mortgage
$370,000
Outstanding Balance
$278,487
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$354,907
Source: Public Records

Range of Values:

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Average Value
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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
Sumac Creek Farms Llc $630,000 Kankakee County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sumac Creek Farms Llc $370,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $630,000 0.0% $438 / Sq Ft
05/03/2021 05/03/21 For Sale $630,000 0.0% $438 / Sq Ft
04/30/2021 04/30/21 Off Market $630,000 -- --
02/28/2021 02/28/21 For Sale $630,000 0.0% $438 / Sq Ft
02/28/2021 02/28/21 Price Changed $630,000 0.0% $438 / Sq Ft
12/20/2020 12/20/20 Off Market $630,000 -- --
06/27/2020 06/27/20 Pending -- -- --
06/08/2020 06/08/20 For Sale $531,000 0.0% $369 / Sq Ft
06/08/2020 06/08/20 Price Changed $531,000 +10.9% $369 / Sq Ft
02/13/2020 02/13/20 Pending -- -- --
01/02/2020 01/02/20 Pending -- -- --
09/04/2019 09/04/19 Price Changed $479,000 -2.0% $333 / Sq Ft
07/26/2019 07/26/19 Price Changed $489,000 -2.0% $340 / Sq Ft
06/10/2019 06/10/19 Price Changed $499,000 +2.0% $347 / Sq Ft
05/09/2019 05/09/19 Price Changed $489,000 -2.0% $340 / Sq Ft
03/06/2019 03/06/19 Price Changed $499,000 -5.7% $347 / Sq Ft
02/04/2019 02/04/19 For Sale $529,000 -- $367 / 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 $12,593 $165,748 $35,727 $130,021
2023 $11,113 $150,255 $29,168 $121,087
2022 $9,697 $128,620 $23,629 $104,991
2021 $9,132 $120,776 $22,214 $98,562
2020 $8,882 $114,396 $18,628 $95,768
2019 $8,723 $111,653 $17,589 $94,064
2018 $9,496 $108,467 $16,548 $91,919
2017 $9,579 $107,081 $15,816 $91,265
2016 $9,368 $103,938 $14,883 $89,055
2015 $9,307 $100,254 $13,918 $86,336
2014 $9,216 $99,892 $13,556 $86,336
2013 -- $99,567 $13,231 $86,336
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10262928

Midwest Real Estate Data (MRED)

APN: 01-05-06-100-008