1401 Lee St Des Plaines, IL 60018
Estimated Value: $2,364,022
Studio
--
Bath
--
Sq Ft
25,003
Sq Ft Lot
About This Home
This home is located at 1401 Lee St, Des Plaines, IL 60018 and is currently estimated at $2,364,022. 1401 Lee St is a home located in Cook County with nearby schools including Forest Elementary School, Algonquin Middle School, and Maine West High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 3, 2023
Sold by
Millco 1401 Lee Street Llc
Bought by
Anson David and Jacobs Renae Lee
Current Estimated Value
Purchase Details
Closed on
Sep 30, 2021
Sold by
Rmk Des Plaines Llc
Bought by
Millco 1401 Lee Street Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
2.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 19, 2018
Sold by
Rmk Of Des Plaines Llc
Bought by
People Of The State Of Illions and Department Of Transporation
Purchase Details
Closed on
Oct 17, 2007
Sold by
1401 Lee Llc
Bought by
Rmk Of Des Plaines Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.75%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 15, 2007
Sold by
First Bank
Bought by
1401 Lee Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.75%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Anson David | $2,100,000 | Stewart Title | |
| Anson David | $2,100,000 | Stewart Title | |
| Millco 1401 Lee Street Llc | $470,000 | None Available | |
| People Of The State Of Illions | $46,750 | None Available | |
| Rmk Of Des Plaines Llc | $750,000 | Pntn | |
| 1401 Lee Llc | $650,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Millco 1401 Lee Street Llc | $1,750,000 | |
| Previous Owner | 1401 Lee Llc | $650,000 |
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 |
|---|---|---|---|---|
| 2025 | $94,720 | $205,983 | $130,489 | $75,494 |
| 2024 | $94,720 | $359,257 | $81,193 | $278,064 |
| 2023 | $30,235 | $359,257 | $81,193 | $278,064 |
| 2022 | $30,235 | $117,500 | $81,193 | $36,307 |
| 2021 | $57,781 | $187,975 | $81,193 | $106,782 |
| 2020 | $27,719 | $91,726 | $81,193 | $10,533 |
| 2019 | $24,685 | $91,726 | $87,500 | $4,226 |
| 2018 | $21,424 | $71,636 | $56,250 | $15,386 |
| 2017 | $18,680 | $63,586 | $56,250 | $7,336 |
| 2016 | $17,669 | $63,586 | $56,250 | $7,336 |
| 2015 | $19,223 | $63,586 | $50,000 | $13,586 |
| 2014 | $19,640 | $66,364 | $50,000 | $16,364 |
| 2013 | $19,151 | $66,364 | $50,000 | $16,364 |
Source: Public Records
Map
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