12 Lochinvar Ln Oak Brook, IL 60523
North Westmont NeighborhoodEstimated Value: $1,635,000 - $2,081,000
1.8
Acres
$1,056,406
Price per Acre
78,408
Sq Ft Lot
About This Lot
As of January 2021Are you looking for a unique opportunity to build your Dream Home on one of Oak Brook's most pristine, waterfront lots? Breathtaking, unsurpassed 1.8+-acre parcel in the Ginger Creek Subdivision has 250 ft of waterfront, 500 ft deep, meticulously maintained and professionally landscaped and is located in Oak Brook's award-winning Butler District 53 and Hinsdale Central High School. This location is a showstopper with low Oak Brook taxes! Ginger Creek is an all-access waterway with fishing & boating capabilities. This sought-after neighborhood is among the best in class with a superior setting surrounded by Multi-Million Dollar spectacular homes. Each home is set on a minimum 1acre lot, privacy is key and, no two homes are alike! Bring your unique style to this perfect location and make it your own! Located minutes from Oak Brook Mall, upscale shopping and restaurants, sports facilities with soccer fields, basketball courts, pools, Bath & Tennis Club, walking trails and World Class golf and Polo clubs. Easy access to all major expressways and minutes to O'Hare International Airport. "Seller will Finance".
Last Agent to Sell the Property
Coldwell Banker Realty License #475158551 Listed on: 11/22/2019
Property Details
Property Type
- Land
Est. Annual Taxes
- $17,599
Year Built
- 1979
Lot Details
Parking
- Driveway
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 31, 1994
Sold by
Villa Park Trust & Svgs Bank
Bought by
Hathi Kanaiyalal J and Hathi Sharda K
Total Days on Market
341
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Similar Property in Oak Brook, IL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hathi Kanaiyalal J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chicago Title Land Trust Company | $1,100,000 | |
| Closed | Villa Park Trust & Savings Bank | $500,000 | |
| Previous Owner | Hathi Kanaiyalal J | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/05/2021 01/05/21 | Sold | $1,400,000 | -17.6% | -- |
| 10/28/2020 10/28/20 | Pending | -- | -- | -- |
| 11/22/2019 11/22/19 | For Sale | $1,699,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $17,599 | $455,880 | $254,140 | $201,740 |
| 2022 | $16,406 | $438,230 | $244,300 | $193,930 |
| 2021 | $15,678 | $427,330 | $238,220 | $189,110 |
| 2020 | $15,306 | $417,970 | $233,000 | $184,970 |
| 2019 | $10,873 | $296,520 | $221,520 | $75,000 |
| 2018 | $13,215 | $376,220 | $209,690 | $166,530 |
| 2017 | $14,367 | $421,770 | $235,080 | $186,690 |
| 2016 | $14,004 | $397,330 | $221,460 | $175,870 |
| 2015 | $13,818 | $370,160 | $206,320 | $163,840 |
| 2014 | $13,662 | $353,950 | $211,070 | $142,880 |
| 2013 | $13,549 | $358,930 | $214,040 | $144,890 |
Source: Public Records
Agents Affiliated with this Home
-
Priti Lakhani
Seller's Agent in 2021
Priti Lakhani
Coldwell Banker Realty
(630) 825-9798
1 in this area
48 Total Sales
-
Elaine Zannis
Buyer's Agent in 2021
Elaine Zannis
Coldwell Banker Realty
(630) 915-8648
8 in this area
44 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10579896
APN: 06-28-400-007
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