J
Seller's Agent in 2015
James Ihssen
Prime Time Realty
13929 Us Highway 30 Hinckley, IL 60520
3.73
Acres
--
Price per Acre
162,479
Sq Ft Lot
About This Lot
As of December 20153.73 ACRES on RT 30!! Future Growth Potential and/or immediate development of existing acreage. Flexible Zoning allows for multiple options (check with county). Fantastic Opportunity for the Savvy Investor. There are 2-3 units that are 'Rent Ready' and the others need various amounts of work, mostly cosmetic. Rent the units for immediate cash flow while you fix the others up! With almost 4 acres you could build more buildings or hold for future development. GREAT CASH FLOW POTENTIAL!!!! Turn-key weekly or monthly rental operation!! The main building is a Motel that includes 7 single rooms and 1 double room (owners unit). Additional Buildings include: a separate detached cottage (needs complete rehab), a laundry building, a pump house/storage building, and a picnic pavilion. Rooms available for long or short-term renting options. Could be a great opportunity for a live-in, owner-operator. Property was assessed downward by 27% so taxes will be reduced going forward!! Sold As-Is.
Last Agent to Sell the Property
James Ihssen
Prime Time Realty License #471010540 Listed on: 09/25/2015
Last Buyer's Agent
David Schonback
Berkshire Hathaway HomeServices Starck Real Estate License #475133319
Property Details
Property Type
- Land
Est. Annual Taxes
- $7,157
Lot Details
Basement
- Crawl Space
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 25, 2015
Closed on
Dec 29, 2015
Sold by
Mcdo Llc
Bought by
Staton Kevin
Seller's Agent
James Ihssen
Prime Time Realty
Buyer's Agent
David Schonback
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$149,000
Sold Price
$75,000
Premium/Discount to List
-$74,000
-49.66%
Purchase Details
Closed on
Jun 27, 2014
Sold by
Heartland Bank & Trust Co
Bought by
Mcdo Llc
Purchase Details
Closed on
Jun 6, 2013
Sold by
Dekalb County Sheriff
Bought by
Heartland Bank & Trust Co
Purchase Details
Closed on
Dec 30, 2008
Sold by
Old Second Natl Bk Aurora
Bought by
American Bank & Trt Co
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Staton Kevin | $75,000 | -- | |
| Mcdo Llc | $42,000 | -- | |
| Heartland Bank & Trust Co | -- | -- | |
| American Bank & Trt Co | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/30/2015 12/30/15 | Sold | $75,000 | -49.7% | -- |
| 12/14/2015 12/14/15 | Pending | -- | -- | -- |
| 09/25/2015 09/25/15 | For Sale | $149,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2024 | $7,157 | $102,704 | $63,574 | $39,130 |
| 2023 | $7,157 | $93,580 | $57,926 | $35,654 |
| 2022 | $6,520 | $84,734 | $52,450 | $32,284 |
| 2021 | $6,781 | $81,147 | $50,230 | $30,917 |
| 2020 | $6,606 | $77,519 | $47,984 | $29,535 |
| 2019 | $6,528 | $76,215 | $47,177 | $29,038 |
| 2018 | $6,606 | $73,262 | $45,349 | $27,913 |
| 2017 | $6,365 | $68,933 | $42,669 | $26,264 |
| 2016 | $6,168 | $64,424 | $39,878 | $24,546 |
| 2015 | -- | $59,807 | $37,020 | $22,787 |
| 2014 | -- | $81,728 | $36,632 | $45,096 |
| 2013 | -- | $82,221 | $36,853 | $45,368 |
Source: Public Records
Agents Affiliated with this Home
-
-
D
Buyer's Agent in 2015
David Schonback
Berkshire Hathaway HomeServices Starck Real Estate
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD09048364
APN: 15-17-400-002
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