NOT LISTED FOR SALE

Estimated Value: $720,000 - $905,000

4.81 Acres
$165,840 Price per Acre
209,524 Sq Ft Lot

Last Sold December 02, 2019

Last sale price $475,000

Est. 68% increase in value since last sale

Current estimated payment $5,096/month

129 Days on Market

About This Lot

As of December 2019

2 beautiful large properties with wandering terrain and mature trees are available on Lemont Road. 12S155 Lemont Rd and 12S181 Lemont Rd will be sold separately or together. The properties are reminiscent of rare prairie pastures. Build a private estate or a development. Private but close to I55, theaters, shopping. There is a home but value is in the land. Have your own private resort.

Last Agent to Sell the Property

Jim Broline

RE/MAX Enterprises License #471008927 Listed on: 06/23/2019

RE/MAX Enterprises

Co-Listed By

Judy Deady

RE/MAX Enterprises License #475090945

Last Buyer's Agent

I. Michael Kroll

eXp Realty License #475183324

eXp Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,155

Lot Details

Parking

  • Gravel Driveway

Location

  • Flood Zone Lot

Property Details

Property Type

Land

Est. Annual Taxes

$10,155

Lot Details

0

Listing Details

  • Property Type: Land
  • General Information: Interstate Access, Flood Zone (Partial)
  • Ownership: Fee Simple
  • Current Use: Residential-Single Family
  • Ownership Type: Individual
  • Potential Use: Planned Unit Development, Residential-Multi-Family, Residential-Single Family
  • Utilities To Site: Electric to Site
  • Zoning Type: SINGL
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Description: Wooded
  • Road Surface: Concrete

Exterior Features

  • Lot Size: 4.0-4.99 Acres
  • Acreage: 4.81
  • Frontage Access: County Road
  • Front Footage: 166

Garage/Parking

  • Driveway: Gravel

Schools

  • School District: 210
  • Junior High Dist: 113

Lot Info

  • Lot Dimensions: 166X1267
  • Estimated Land Sq Ft: 4.8188
  • Parcel Identification Number: 1017101005

Building Info

  • Buildings On Land: Yes

Tax Info

  • Taxes: 9541

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2019
Closed on
Dec 2, 2019
Sold by
Sgr Devlopment Llc
Bought by
Burcenski Robert and Alves Joseph
Seller's Agent
Jim Broline
RE/MAX Enterprises
Buyer's Agent
I. Michael Kroll
eXp Realty
List Price
$500,000
Sold Price
$475,000
Premium/Discount to List
-$25,000
-5%
Current Estimated Value
$797,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,691
Avg. Annual Appreciation
7.57%

Purchase Details

Closed on
Apr 30, 2018
Sold by
Reddy Shruthi G and Shruthi G Reddy Family Trust
Bought by
Sgr Development Llc

Purchase Details

Closed on
Sep 1, 2017
Sold by
Reddy Shantan G
Bought by
Reddy Shruthi G and Shruthi G Reddy Family Trust

Purchase Details

Closed on
Jan 14, 2003
Sold by
Reddy Shruthi G
Bought by
Reddy Shantan G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.13%

Purchase Details

Closed on
Jul 23, 2002
Sold by
Harris Trust & Svgs Bank
Bought by
Reddy Shantan G and Reddy Shruthi G

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
6.64%

Purchase Details

Closed on
Oct 18, 1994
Sold by
Lasalle National Trust Na
Bought by
Harris Bank Palatine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
8.75%
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
Burcenski Robert $475,000 Attorney
Sgr Development Llc -- None Available
Reddy Shruthi G -- None Available
Reddy Shantan G -- Multiple
Reddy Shantan G -- Sbi Title Inc
Harris Bank Palatine $305,000 Intercounty Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reddy Shabtab G $98,608
Previous Owner Reddy Shantan G $225,000
Previous Owner Reddy Shantan G $300,000
Previous Owner Harris Bank Palatine $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2019 12/02/19 Sold $475,000 -5.0% --
10/30/2019 10/30/19 Pending -- -- --
06/23/2019 06/23/19 For Sale $500,000 -- --
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 $10,155 $229,199 $132,113 $97,086
2023 $12,991 $210,700 $121,450 $89,250
2022 $12,137 $191,360 $110,300 $81,060
2021 $10,127 $189,190 $109,050 $80,140
2020 $11,654 $185,440 $106,890 $78,550
2019 $11,171 $177,930 $102,560 $75,370
2018 $9,541 $182,190 $102,000 $80,190
2017 $11,207 $175,310 $98,150 $77,160
2016 $11,476 $167,310 $93,670 $73,640
2015 $10,701 $157,410 $88,130 $69,280
2014 $10,813 $156,590 $85,690 $70,900
2013 $10,229 $155,860 $85,290 $70,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10427486

Midwest Real Estate Data (MRED)

APN: 10-17-101-005