NOT LISTED FOR SALE

Estimated Value: $703,000

0.11 Acre
$6,390,909 Price per Acre
4,792 Sq Ft Lot

Last Sold February 23, 2024

Last sale price $110,000

Est. 539% increase in value since last sale

Current estimated payment $3,773/month

131 Days on Market

About This Lot

As of February 2024

AMAZING WOODLAWN LOCATION! Incredible opportunity for Developer's to build condo's, single-family home, or rental building. Drive by oversized 40 X 125 lot. ZONED RM5. Private block with other newer construction and future new construction coming. Minutes to upcoming Obama Library, University of Chicago, Hyde Park, lake, loop, public trans, shopping, & dining. CASH OR HARD MONEY LENDER. QUICK CLOSING AVAILABLE! CURRENT SURVEY TO BE PROVIDED.

Last Agent to Sell the Property

Britta Welbon-Rivera

Baird & Warner License #471012139 Listed on: 09/21/2023

Baird & Warner

Last Buyer's Agent

Maureen Hannon

Keller Williams Premiere Properties License #475188335

Keller Williams Premiere Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,106

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40 x 125
  • Property is zoned MULTI

Utilities

  • No Cooling
  • No Heating
  • No Utilities

Property Details

Property Type

Land

Est. Annual Taxes

$1,106

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Agricultural
  • Road Surface Type: Concrete
  • General Information: None
  • Actual Status: Closed
  • ResoPropertyType: Land
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Condominium, Multi-Family
  • Basement Description: None
  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • Waterfront: No

Utilities

  • Cooling: None
  • Heating: None
  • Utilities: None

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 40 X 125
  • Zoning: MULTI
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 1106
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2023
Closed on
Feb 22, 2024
Sold by
Capital Key Inc
Bought by
Wawire Peter and Erazier Kelly
Seller's Agent
Britta Welbon-Rivera
Baird & Warner
Buyer's Agent
Maureen Hannon
Keller Williams Premiere Properties
List Price
$129,900
Sold Price
$110,000
Premium/Discount to List
-$19,900
-15.32%
Views
18
Current Estimated Value
$703,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$593,000
Avg. Annual Appreciation
169.64%

Purchase Details

Closed on
Feb 21, 2022
Sold by
Onate Manuel M and Alonzo-Onate Angela
Bought by
Capital Key Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 23, 2013
Sold by
Federal Deposit Insurance Corporation
Bought by
Onate Manuel M and Alonzo Onate Angela

Purchase Details

Closed on
Nov 8, 2010
Sold by
Kelly John and Kelly John T
Bought by
Integra Bank National Association

Purchase Details

Closed on
Jun 7, 2005
Sold by
Terrapin Investments Llc
Bought by
Kelly John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$768,250
Interest Rate
6%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 13, 2001
Sold by
Orr David D
Bought by
Terrapin Investments Llc
Source: Public Records
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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
Wawire Peter $110,000 None Listed On Document
Capital Key Inc $80,000 --
Onate Manuel M $7,500 Stewart Title Company
Integra Bank National Association -- None Available
Kelly John $245,000 Cti
Terrapin Investments Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Capital Key Inc $72,000
Previous Owner Kelly John $768,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2024 02/23/24 Sold $110,000 -15.3% --
01/30/2024 01/30/24 Pending -- -- --
01/30/2024 01/30/24 For Sale $129,900 +18.1% --
01/25/2024 01/25/24 Off Market $110,000 -- --
12/01/2023 12/01/23 For Sale $129,900 0.0% --
09/21/2023 09/21/23 Pending -- -- --
09/21/2023 09/21/23 For Sale $129,900 -- --
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
2025 $1,165 $6,250 $6,250 --
2024 $1,165 $6,250 $6,250 --
2023 $1,131 $5,500 $5,500 --
2022 $1,131 $5,500 $5,500 $0
2021 $1,106 $5,500 $5,500 $0
2020 $1,225 $5,500 $5,500 $0
2019 $1,105 $5,500 $5,500 $0
2018 $1,086 $5,500 $5,500 $0
2017 $1,076 $5,000 $5,000 $0
2016 $1,001 $5,000 $5,000 $0
2015 $916 $5,000 $5,000 $0
2014 $742 $4,000 $4,000 $0
2013 $727 $4,000 $4,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11891303

Midwest Real Estate Data (MRED)

APN: 20-23-220-005-0000