NOT LISTED FOR SALE

1200 S State St Lockport, IL 60441

Estimated Value: $50,682

0.12 Acre
$422,350 Price per Acre
5,227 Sq Ft Lot

Last Sold November 17, 2023

Last sale price $47,000

Est. 8% increase in value since last sale

Current estimated payment $327/month

198 Days on Market

Highlights

  • Corner Lot
  • 3-minute walk to Lockport Station
  • 5-minute walk to Lincoln Landing Park
  • Milne Grove Elementary School Rated A-

About This Lot

As of November 2023

This unique parcel of land is located in a high-traffic area of downtown Lockport, within blocks of restaurants and other exciting and individual businesses. Bring your business to the area, build your building from the ground up on this ideal corner parcel of land, and join the many successful downtown Lockport entrepreneurs. The utilities are ready for your plans.

Last Agent to Sell the Property

Joan Stube

Redfin Corporation License #471020549 Listed on: 04/15/2023

Redfin Corporation

Co-Listed By

Joseph Baez

eXp Realty License #475204581

Last Buyer's Agent

Ellen Williams

Coldwell Banker Real Estate Group License #471003336

Coldwell Banker Real Estate Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,008

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 79x58
  • Property fronts a state road
  • Corner Lot
  • Property is zoned COMMR

Schools

  • Lockport Township High School

Utilities

  • Sewer Holding Tank

Property Details

Property Type

Land

Est. Annual Taxes

$2,008

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Other
  • Road Surface Type: Asphalt
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial
  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 79
  • Frontage Type: City Street, State Road
  • List Price: 57777
  • Waterfront: No

Utilities

  • Sewer: Holding Tank
  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Available
  • Water Source: Municipal Water

Schools

  • High School: Lockport Township High School
  • Middle/Junior School District: 91

Lot Info

  • Lot Size Acres: 0.12
  • Lot Dimensions: 79X58
  • Zoning: COMMR
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Land Amenities: Curbs and Gutters,Sidewalks,Storage Tanks (Blw Ground)

Rental Info

  • Board Number: 10
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 2008
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2023
Closed on
Nov 9, 2023
Sold by
Gallas Joseph P and Gallas Sherie
Bought by
Juarez Pedro
Seller's Agent
Joan Stube
Redfin Corporation
Buyer's Agent
Ellen Williams
Coldwell Banker Real Estate Group
List Price
$57,777
Sold Price
$47,000
Premium/Discount to List
-$10,777
-18.65%
Views
288
Current Estimated Value
$50,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,682
Avg. Annual Appreciation
3.28%

Purchase Details

Closed on
Feb 22, 2017
Sold by
Drury James T
Bought by
Gallas Joseph P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,900
Interest Rate
4.19%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 2, 1988
Bought by
Drury James T
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
Juarez Pedro $47,000 Fidelity National Title
Gallas Joseph P $40,900 Citywide Title Corporation
Drury James T $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gallas Joseph P $40,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2023 11/17/23 Sold $47,000 -18.7% --
10/31/2023 10/31/23 Pending -- -- --
10/03/2023 10/03/23 For Sale $57,777 0.0% --
09/06/2023 09/06/23 Pending -- -- --
07/22/2023 07/22/23 Price Changed $57,777 -11.1% --
06/01/2023 06/01/23 Price Changed $64,999 -7.1% --
04/15/2023 04/15/23 For Sale $69,999 -- --
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
2023 $1,850 $21,546 $21,546 $0
2022 $1,984 $21,546 $21,546 $0
2021 $2,008 $21,546 $21,546 $0
2020 $2,059 $21,546 $21,546 $0
2019 $2,040 $21,546 $21,546 $0
2018 $2,090 $21,546 $21,546 $0
2017 $2,141 $21,546 $21,546 $0
2016 $2,196 $21,546 $21,546 $0
2015 $4,577 $45,997 $21,546 $24,451
2014 $4,577 $42,590 $19,950 $22,640
2013 $4,577 $42,590 $19,950 $22,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11760125

Midwest Real Estate Data (MRED)

APN: 11-04-23-328-001