NOT LISTED FOR SALE

1161 N Beverly Ln Arlington Heights, IL 60004

Estimated Value: $377,000 - $1,259,079

0.2 Acre
$4,830,100 Price per Acre
8,712 Sq Ft Lot

Last Sold March 18, 2020

Last sale price $205,000 $194 Per Sq Ft

Est. 371% increase in value since last sale

Current estimated payment $7,229/month

10 Days on Market

About This Lot

As of March 2020

Build your dream home on this newly available 8,887 SF tear-down lot. Easy walking distance just blocks to highly sought after Olive and Thomas grade and middle schools and also served by top-ranked Hersey High School (#13 in the state) Loads of new construction in the immediate area. Improvements on the lot include a two-bedroom ranch to be conveyed in "as-is" condition.

Last Agent to Sell the Property

Frank Cincotta

RE/MAX Suburban License #475105166 Listed on: 02/09/2020

RE/MAX Suburban

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $25,956

Lot Details

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Property Type

Land

Est. Annual Taxes

$25,956

Lot Details

0

Listing Details

  • Property Type: Land
  • General Information: School Bus Service, Commuter Train, Interstate Access
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Current Use: Residential-Single Family
  • Number Rooms: 5
  • Potential Use: Residential-Single Family
  • Total Listed Lots Avail: 1
  • Type Detached: 1 Story
  • Utilities To Site: Electric to Site, Gas to Site, Sanitary Sewer to Site, Sewer-Storm Available, Water-Municipal, Water to Site
  • Zoning Type: SINGL
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Above Grade Bedrooms: 2
  • Land Description: Irregular, Level
  • Road Surface: Asphalt

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.2
  • Frontage Access: City Street
  • Front Footage: 151.2

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached

Schools

  • Junior High Dist: 25

Lot Info

  • Lot Dimensions: 25.7+61.6+63.9X130X151.3
  • Estimated Land Sq Ft: 8,887
  • Land Amenities: Curbs and Gutters, Sidewalks
  • Parcel Identification Number: 03204140010000

Building Info

  • Building Improvements: House
  • Buildings On Land: Yes

Tax Info

  • Taxes: 4865

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2020
Closed on
Mar 18, 2020
Sold by
Chicago Title Land Trust Company
Bought by
Jkj Properties Llc
Seller's Agent
Frank Cincotta
RE/MAX Suburban
Buyer's Agent
Non Member
NON MEMBER
List Price
$229,900
Sold Price
$205,000
Premium/Discount to List
-$24,900
-10.83%
Current Estimated Value
$966,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$761,020
Avg. Annual Appreciation
31.83%

Purchase Details

Closed on
Oct 23, 2007
Sold by
Koutsoukos Nicholas
Bought by
Chicago Title Land Trust Co and Trust #8002349599
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
Jkj Properties Llc $205,000 Chicago Title
Chicago Title Land Trust Co -- Chicago Title Land Trust Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2020 03/18/20 Sold $205,000 -10.8% $194 / Sq Ft
02/19/2020 02/19/20 Pending -- -- --
02/09/2020 02/09/20 For Sale $229,900 -- $217 / 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 $25,956 $78,275 $8,887 $69,388
2023 $19,353 $98,127 $8,887 $89,240
2022 $19,353 $75,687 $8,887 $66,800
2021 $7,443 $28,056 $5,554 $22,502
2020 $7,317 $28,056 $5,554 $22,502
2019 $7,285 $31,174 $5,554 $25,620
2018 $4,865 $20,793 $4,887 $15,906
2017 $4,828 $20,793 $4,887 $15,906
2016 $4,729 $20,793 $4,887 $15,906
2015 $4,820 $19,696 $4,221 $15,475
2014 $4,699 $19,696 $4,221 $15,475
2013 $4,034 $19,696 $4,221 $15,475
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10633767

Midwest Real Estate Data (MRED)

APN: 03-20-414-001-0000