NOT LISTED FOR SALE

Estimated Value: $251,434 - $511,000

1.69 Acres
$225,572 Price per Acre
73,616 Sq Ft Lot

Sale Details

Date Sold: April 7, 2025

Last sale price $252,500

Est. 51% increase in value since last sale

Current estimated payment $2,656 / mo

379 Days on Market

About This Lot

As of April 2025

A 1.69 acre (or 73,268 square foot) development site, located on a traffic-lit intersection in Elgin is available for sale at auction. Situated in a highly visible, hard corner location, in close proximity to downtown Elgin and major commercial thoroughfares, this site can be developed for a multitude of commercial uses, including industrial. All utilities are available to the site. Great opportunity for a developer or investor. Business in the area include Starbucks, Target, Panera Bread, Marshalls and several restaurants.

Last Agent to Sell the Property

Daniel Hyman

Millennium Properties RE, Inc. License #471013658 Listed on: 01/29/2024

Co-Listed By

Brad Thompson

Millennium Properties RE, Inc. License #471013662

Last Buyer's Agent

Michelle Manassa

Harvest Real Estate License #475167338

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,097

Lot Details

  • 1.69 Acre Lot
  • Lot Dimensions are 313x317x220x262
  • Property fronts a state road
  • Property is zoned COMMR

Home Design

  • Mixed Use

Listing and Financial Details

  • Tenant pays for taxes, insurance

Property Details

Property Type

Land

Est. Annual Taxes

$9,097

Lot Details

1.69 Acres

Listing Details

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

Interior Features

  • Possible Use: Commercial, Industrial, Retail
  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: State Road
  • Waterfront: No

Utilities

  • Sewer: Storm Sewer
  • Utilities: Electricity Nearby, Natural Gas Nearby, Water Nearby

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 1.69
  • Lot Dimensions: 313X317X220X262
  • Zoning: COMMR
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N
  • Land Description: Cleared,Level,Wooded

Rental Info

  • Tenant Pays: Taxes, Insurance
  • Board Number: 8

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 9097.48
  • Tax Year: 2021

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2024
Closed on
Apr 4, 2025
Sold by
Bought by
Seller's Agent
Daniel Hyman
Millennium Properties RE, Inc.
Buyer's Agent
Michelle Manassa
Harvest Real Estate
List Price
$245,000
Sold Price
$252,500
Premium/Discount to List
$7,500
3.06%
Views
78
Current Estimated Value
$381,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,717
Avg. Annual Appreciation
43.08%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$252,000 None Listed On Document
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/07/2025 04/07/25 Sold $252,500 +3.1% --
02/12/2025 02/12/25 Pending -- -- --
01/29/2024 01/29/24 For Sale $245,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,599 $37,717 $37,717 --
2024 $7,599 $26,402 $26,402 --
2023 $7,385 $26,402 $26,402 --
2022 $7,385 $26,402 $26,402 $0
2021 $9,097 $26,401 $26,401 $0
2020 $9,040 $26,401 $26,401 $0
2019 $8,092 $26,401 $26,401 $0
2018 $5,766 $16,972 $16,972 $0
2017 $5,748 $16,972 $16,972 $0
2016 $5,408 $16,972 $16,972 $0
2015 $4,638 $13,200 $13,200 $0
2014 $4,492 $13,200 $13,200 $0
2013 $4,344 $13,200 $13,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11969730

Midwest Real Estate Data (MRED)

APN: 06-20-300-021-0000

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