1316 W 55th St La Grange Highlands, IL 60525
Estimated payment $1,707/month
About This Lot
If you've been searching for the perfect home and can't find it....maybe it's time to build your own? Just under 1/2 acre (17,750 square feet), the location of this lot is walkable to LT South Campus, and has easy access to shopping, restaurants, highways, and everything downtown La Grange and the near west suburbs have to offer. The lot has been cleared, the previous home removed and now it's time for your dream home. Potential renderings are forthcoming. Financing and builder referrals are available if needed.
Listing Agent
Berkshire Hathaway HomeServices Chicago License #475151442 Listed on: 11/12/2024
Property Details
Property Type
- Land
Est. Annual Taxes
- $7,757
Lot Details
- 0.44 Acre Lot
- Lot Dimensions are 125 x 154 x 132 x 127
- Property is zoned SINGL
Schools
- Highlands Elementary School
- Highlands Middle School
- Lyons Twp High School
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,757 | $35,000 | $10,206 | $24,794 |
| 2023 | $6,591 | $35,000 | $10,206 | $24,794 |
| 2022 | $6,591 | $25,074 | $8,875 | $16,199 |
| 2021 | $6,264 | $25,073 | $8,875 | $16,198 |
| 2020 | $6,125 | $25,073 | $8,875 | $16,198 |
| 2019 | $6,335 | $25,829 | $7,987 | $17,842 |
| 2018 | $6,219 | $25,829 | $7,987 | $17,842 |
| 2017 | $6,058 | $25,829 | $7,987 | $17,842 |
| 2016 | $5,329 | $20,516 | $7,100 | $13,416 |
| 2015 | $5,244 | $20,516 | $7,100 | $13,416 |
| 2014 | $5,173 | $20,516 | $7,100 | $13,416 |
| 2013 | $5,801 | $23,690 | $7,100 | $16,590 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/27/2025 08/27/25 | Price Changed | $199,000 | -4.8% | -- |
| 07/29/2025 07/29/25 | Price Changed | $209,000 | -4.6% | -- |
| 01/08/2025 01/08/25 | Price Changed | $219,000 | -4.4% | -- |
| 11/12/2024 11/12/24 | For Sale | $229,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $150,000 | Chicago Title Insurance Compan | |
| Executors Deed | $140,000 | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $90,000 | No Value Available | |
| Previous Owner | $140,005 | Unknown | |
| Previous Owner | $131,500 | No Value Available |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12208571
APN: 18-08-407-008-0000
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