NOT LISTED FOR SALE

11845 Southwest Hwy Unit 3 Palos Heights, IL 60463

Lake Katherine Neighborhood

Estimated Value: $2,284,346

-- Bed
-- Bath
24,000 Sq Ft
$95/Sq Ft Est. Value

About This Home

This home is located at 11845 Southwest Hwy Unit 3, Palos Heights, IL 60463 and is currently estimated at $2,284,346, approximately $95 per square foot. 11845 Southwest Hwy Unit 3 is a home located in Cook County with nearby schools including Palos East Elementary School, Palos South Middle School, and Amos Alonzo Stagg High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2021
Sold by
Crossings Palos
Bought by
Aeon Vigor Llc
Current Estimated Value
$2,284,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Outstanding Balance
$1,483,249
Interest Rate
3.09%
Mortgage Type
Commercial
Estimated Equity
$801,097

Purchase Details

Closed on
Jan 27, 2016
Sold by
Standard Bank & Trust Company
Bought by
Palos Crossings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,350,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 30, 2014
Sold by
Palos Crossings Llc
Bought by
Standard Bank & Trust Company and Trust #21628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,100,000
Interest Rate
4.55%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 16, 2008
Sold by
Denning Leon R
Bought by
Pardenn Properties Llc

Purchase Details

Closed on
Dec 14, 2005
Sold by
Palos Gateway Properties Llc
Bought by
Palos Crossings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,880,000
Interest Rate
6.48%
Mortgage Type
Commercial

Purchase Details

Closed on
May 14, 2003
Sold by
11845 Southwest Highway Llc
Bought by
Palos Gateway Properties Llc

Purchase Details

Closed on
Mar 5, 1998
Sold by
Mckeever Joseph and Mckeever Michelle
Bought by
11845 Southwest Highway Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.75%
Mortgage Type
Commercial

Range of Values:

Collateral Analytics

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ICE

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First American

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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
Aeon Vigor Llc $2,000,000 Chicago Title
Palos Crossings Llc -- None Available
Standard Bank & Trust Company -- None Available
Pardenn Properties Llc $300,000 None Available
Palos Crossings Llc $7,000,000 Cti
Palos Gateway Properties Llc $925,000 Ctic
11845 Southwest Highway Llc $488,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aeon Vigor Llc $1,600,000
Previous Owner Palos Crossings Llc $2,350,000
Previous Owner Standard Bank & Trust Company $3,100,000
Previous Owner Palos Crossings Llc $5,880,000
Previous Owner Palos Gateway Properties Llc $3,355,000
Previous Owner 11845 Southwest Highway Llc $500,000
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 $170,071 $710,403 $247,980 $462,423
2023 $170,071 $710,403 $247,980 $462,423
2022 $170,071 $500,000 $165,320 $334,680
2021 $158,558 $500,000 $165,320 $334,680
2020 $199,088 $652,615 $165,320 $487,295
2019 $187,438 $636,363 $165,320 $471,043
2018 $135,605 $475,990 $165,320 $310,670
2017 $171,328 $622,880 $165,320 $457,560
2016 $203,743 $687,499 $154,987 $532,512
2015 $200,576 $687,499 $154,987 $532,512
2014 $195,702 $687,499 $154,987 $532,512
2013 $156,078 $588,121 $154,987 $433,134
Source: Public Records

Map

Illinois Cook County Palos Heights 60463 Lake Katherine

11845 Southwest Hwy Unit 3, Palos Heights, IL

Homes for Sale in Palos Heights, IL

This home is located at 11845 Southwest Hwy Unit 3, Palos Heights, IL 60463 and is currently estimated at $2,284,346, approximately $95 per square foot. 11845 Southwest Hwy Unit 3 is a home located in Cook County with nearby schools including Palos East Elementary School, Palos South Middle School, and Amos Alonzo Stagg High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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