NOT LISTED FOR SALE

Estimated Value: $562,000

0.46 Acre
$1,221,739 Price per Acre
20,038 Sq Ft Lot

Last Sold February 11, 2016

Last sale price $86,000

Est. 553% increase in value since last sale

Current estimated payment $3,280/month

159 Days on Market

About This Lot

As of February 2016

Fully Improved .46 of an acre at the Gateway to downtown Plainfield on Rt. 59 immediately south of Walgreens on the SWC of Rt. 59 & Rt. 126. Site is improved and ready to build. Cross access easements exist with Walgreens. Full access off Rt. 59 and at Oak St. right in right out. High Visibility and walking distance from downtown Plainfield. Great Development Potential

Last Agent to Sell the Property

Thomas Mulvey

Dow Realty License #471006114 Listed on: 07/23/2015

Last Buyer's Agent

Thomas Mulvey

Dow Realty License #471006114 Listed on: 07/23/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,113

Lot Details

Property Details

Property Type

Land

Est. Annual Taxes

$2,113

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Platted, Zoning Change Required
  • Ownership Type: Corporation
  • Potential Use: Commercial
  • Utilities To Site: Electric to Site, Gas to Site, Sanitary Sewer to Site, Water to Site
  • Zoning Type: SINGL
  • Special Features: 20
  • Property Sub Type: LotsLands

Interior Features

  • Road Surface: Asphalt

Exterior Features

  • Lot Size: .25-.49 Acre
  • Acreage: 0.46
  • Frontage Access: City Street, State Road
  • Front Footage: 104

Schools

  • School District: 202
  • Junior High Dist: 202

Lot Info

  • Lot Dimensions: 142X118X82X115X104
  • Estimated Land Sq Ft: 19959
  • Parcel Identification Number: 0309406004000000

Tax Info

  • Taxes: 1973

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2018
Sold by
Unatco First Midwest Bank Fbo
Bought by
Chicago Trust Administration Servces Fbo and Rahman Ira
Current Estimated Value
$562,000

Purchase Details

Listed on
Jul 23, 2015
Closed on
Feb 5, 2016
Sold by
First Community Financial Bank
Bought by
Unaco/First Midwest Bank and Rahman Ira
Seller's Agent
Thomas Mulvey
Dow Realty
Buyer's Agent
Thomas Mulvey
Dow Realty
List Price
$125,000
Sold Price
$86,000
Premium/Discount to List
-$39,000
-31.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.87%

Purchase Details

Closed on
Dec 20, 2005
Sold by
Hanus Lorraine and Hazel E Borchardt Living Trust
Bought by
Route 59 Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2004
Sold by
Borchardt Hazel E
Bought by
Borchardt Hazel E and Hazel E Borchardt Living Trust
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
Chicago Trust Administration Servces Fbo -- Attorney
Unaco/First Midwest Bank $86,000 Greater Illinois Title Co
Route 59 Properties Inc $550,000 Ticor Title
Borchardt Hazel E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Route 59 Properties Inc $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2016 02/11/16 Sold $86,000 -31.2% --
12/29/2015 12/29/15 Pending -- -- --
07/23/2015 07/23/15 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
2023 $2,113 $28,667 $28,667 $0
2022 $2,288 $28,667 $28,667 $0
2021 $2,360 $28,667 $28,667 $0
2020 $2,398 $28,667 $28,667 $0
2019 $2,435 $28,667 $28,667 $0
2018 $2,485 $28,667 $28,667 $0
2017 $2,542 $28,667 $28,667 $0
2016 $2,072 $22,780 $22,780 $0
2015 $1,973 $21,340 $21,340 $0
2014 $1,973 $20,587 $20,587 $0
2013 $1,973 $20,587 $20,587 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08993223

Midwest Real Estate Data (MRED)

APN: 03-09-406-004