NOT LISTED FOR SALE
0.7 Acre
-- Price per Acre
30,492 Sq Ft Lot

Last Sold January 15, 2020

Last sale price $395,000

49 Days on Market

About This Lot

As of January 2020

AUCTION 10/28 Across from the Mt. Carmel campus, a 31,200 square foot redevelopment site is available for sale. The property is currently improved with a 60,000 square foot four story vintage building. The property can potentially be rehabbed or re-purposed as multi-family or as a senior living facility. Under the current zoning, the property can support up to 78 units.

Last Agent to Sell the Property

Daniel Hyman

Millennium Properties RE, Inc. License #471013658 Listed on: 09/09/2019

Co-Listed By

Brad Thompson

Millennium Properties RE, Inc. License #471013662

Last Buyer's Agent

Daniel Hyman

Millennium Properties RE, Inc. License #471013658 Listed on: 09/09/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $25,226

Lot Details

  • 0.7 Acre Lot

Utilities

  • Electricity To Lot Line
  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$25,226

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Commercial
  • Road Surface Type: Asphalt
  • General Information: None
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Type: City Street
  • Waterfront: No

Utilities

  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Water to Site

Lot Info

  • Lot Size Acres: 0.7
  • Lot Dimensions: 31200
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Rental Price: 0

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2019
Closed on
Jan 8, 2020
Sold by
Chicago Title Land Trust Company
Bought by
Gtr Financial Llc
Seller's Agent
Daniel Hyman
Millennium Properties RE, Inc.
Buyer's Agent
Daniel Hyman
Millennium Properties RE, Inc.
List Price
$125,000
Sold Price
$395,000
Premium/Discount to List
$270,000
216%

Purchase Details

Closed on
Oct 15, 2003
Sold by
Woodlawn Community Development Corp
Bought by
Lakeside Bank and Trust #10-2574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,450,000
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage
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
Gtr Financial Llc -- Greater Illinois Title
Lakeside Bank -- Git
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lakeside Bank $1,450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2020 04/14/20 Off Market $395,000 -- --
01/15/2020 01/15/20 Sold $395,000 +216.0% --
10/31/2019 10/31/19 Price Changed $125,000 0.0% --
10/28/2019 10/28/19 Pending -- -- --
09/09/2019 09/09/19 For Sale $125,000 -- --
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 $25,226 $562,898 $96,619 $466,279
2023 $116,259 $119,134 $69,566 $49,568
2022 $116,259 $565,240 $69,566 $495,674
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 $0 $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10511822

Midwest Real Estate Data (MRED)

APN: 20-23-218-013-0000