NOT LISTED FOR SALE

11860 Randall Rd Algonquin, IL 60102

Estimated Value: $4,044,907

46.07 Acres
$87,799 Price per Acre
2,006,809 Sq Ft Lot

Last Sold August 09, 2022

Last sale price $6,500,000

Est. 38% decrease in value since last sale

Current estimated payment $20,939/month

1,210 Days on Market

Highlights

  • 46.07 Acre Lot
  • Kenneth E Neubert Elementary School Rated A-
  • Farm

About This Lot

As of August 2022

PRICE REDUCED. 46 ACRE HIGH TRAFFIC PRIME DEVELOPMENT SITE ON DESIRABLE RANDALL ROAD CORRIDOR. 1,600 FT OF RANDALL RD.FRONTAGE. 48,000 VEHICLES PER DAY. DIRECTLY ACROSS FROM MAJOR SHOPPING CENTERS. ELECTRIC AND WATER TO SITE. GAS AND SEWER AT ADJACENT INTERSECTION. FURTER LAND USE PLAN IS COMMERCIAL DEVELOPMENT INCLUDING RESIDENTIAL/MIXED USE.

Last Agent to Sell the Property

Jack Minero

Berkshire Hathaway HomeServices Starck Real Estate License #475127381 Listed on: 03/29/2018

Berkshire Hathaway HomeServices Starck Real Estate

Co-Listed By

Laura Zarembski

Berkshire Hathaway HomeServices Starck Real Estate License #475178125

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,824

Lot Details

  • 46.07 Acre Lot
  • Lot Dimensions are 1600 x 1247
  • Property fronts a county road
  • Additional Parcels
  • Property is zoned AGRIC

Farming

  • Farm

Utilities

  • Electricity To Lot Line
  • Gas Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$11,824

Lot Details

46.07 Acres

Listing Details

  • Property Type: Farm
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Agricultural
  • Road Surface Type: Asphalt
  • General Information: None
  • Actual Status: Closed
  • ResoPropertyType: Farm
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: County Road
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: Electric to Site, Gas Nearby, Sanitary Sewer, Water to Site

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 46.07
  • Lot Dimensions: 1600 X 1247
  • Zoning: AGRIC
  • Lot Size: 25.0-99.99 Acres
  • Special Assessments: U

Rental Info

  • Board Number: 3
  • Rental Price: 0

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 11823.72
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2018
Closed on
Aug 9, 2022
Sold by
Schroeder Family Revocable and Schroeder Sandra J
Bought by
Algonquin Investments Llc
Seller's Agent
Jack Minero
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Non Member
NON MEMBER
List Price
$9,876,053
Sold Price
$6,500,000
Premium/Discount to List
-$3,376,053
-34.18%
Current Estimated Value
$4,044,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,455,093
Original Mortgage
$4,875,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2012
Sold by
Miller Martin F and Miller Anne M
Bought by
Martin F Miller Declaration Trust

Purchase Details

Closed on
May 4, 2000
Sold by
Schroeder Sandra Miller
Bought by
Schroeder Michael L and Schroeder Sandra J
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Algonquin Investments Llc $2,167,000 First American Title
Algonquin Investments Llc $2,167,000 First American Title
Algonquin Investments Llc $2,167,000 New Title Company Name
Algonquin Investments Llc $2,167,000 First American Title
Martin F Miller Declaration Of Trust -- New Title Company Name
Robert D Miller Declaration Of Trust -- First American Title
Schroeder Family Revocable Trust -- New Title Company Name
Martin F Miller Declaration Of Trust -- First American Title
Robert D Miller Declaration Of Trust -- First American Title
Schroeder Family Revocable Grantor Trust -- First American Title
Martin F Miller Declaration Trust -- None Available
Schroeder Michael L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Algonquin Investments Llc $4,875,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2022 08/09/22 Sold $6,500,000 -18.7% --
07/21/2021 07/21/21 Pending -- -- --
10/26/2020 10/26/20 Price Changed $7,995,000 -9.8% --
06/18/2018 06/18/18 Price Changed $8,868,292 -10.2% --
03/29/2018 03/29/18 For Sale $9,876,053 -- --
Source: Midwest Real Estate Data (MRED)

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 $1,461 $19,910 $18,910 $1,000
2023 $1,406 $17,923 $16,923 $1,000
2022 $1,294 $16,117 $15,117 $1,000
2021 $7,835 $94,302 $28,620 $65,682
2020 $7,573 $90,063 $26,600 $63,463
2019 $7,363 $85,493 $24,623 $60,870
2018 $7,046 $78,787 $22,327 $56,460
2017 $6,892 $73,822 $20,459 $53,363
2016 $6,795 $68,923 $18,687 $50,236
2013 -- $62,904 $15,839 $47,065
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09899306

Midwest Real Estate Data (MRED)

APN: 19-32-300-030

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