NOT LISTED FOR SALE

1500 E Algonquin Rd Schaumburg, IL 60173

Creekside Neighborhood

Estimated Value: $1,072,161

0.71 Acre
$1,510,086 Price per Acre
30,928 Sq Ft Lot

Sale Details

Date Sold: May 1, 2015

Last sale price $850,000

Est. 26% increase in value since last sale

Current estimated payment $6,976 / mo

179 Days on Market

About This Lot

As of May 2015

RENT NEGOTIABLE. Approx. 0.7 acre parcel of land with existing 2600sf drive-thru restaurant (Former Wendy's) available for lease. Property is being offered as a ground lease or build-to-suit for lease. Located on corner of Meacham & Roselle Rds in Schaumburg next to Culver's & just in front of Chicago Prime Steakhouse. 1.5 miles from Woodfield Mall & Streets of Woodfield, the hub of the downtown Schaumburg Market.

Last Agent to Sell the Property

Tim Rasmussen, CCIM

Sperry Van Ness License #471001877 Listed on: 09/22/2014

Sperry Van Ness

Co-Listed By

Olivia Czyzynski

Sperry Van Ness License #475146577

Last Buyer's Agent

Non Member

NON MEMBER

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Property Details

Property Type

Land

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Retail
  • Rental Price: 38
  • Rental Unit: Square Feet (Annual)
  • Utilities To Site: Electric to Site, Gas to Site, Sanitary Sewer to Site, Water to Site
  • Zoning Type: COMMR
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Road Surface: Asphalt

Exterior Features

  • Lot Size: .50-.99 Acre
  • Acreage: 0.71
  • Frontage Access: City Street
  • Front Footage: 203

Schools

  • Junior High Dist: 54

Lot Info

  • Lot Dimensions: 203', 116', 183', 205'
  • Estimated Land Sq Ft: 31108
  • Parcel Identification Number: 02353050210000

Building Info

  • Buildings On Land: Yes

Tax Info

  • Taxes: 37257.07

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

Closed on
Sep 10, 2021
Sold by
Bought by
Current Estimated Value
$1,072,161

Purchase Details

Closed on
Dec 7, 2020
Sold by
Bought by

Purchase Details

Closed on
Jul 26, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 22, 2014
Closed on
May 1, 2015
Sold by
Bought by
Seller's Agent
Tim Rasmussen, CCIM
Sperry Van Ness
Buyer's Agent
Non Member
NON MEMBER
List Price
$1
Sold Price
$850,000
Premium/Discount to List
$849,999
84999900%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.08%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Creekside, IL

  • Kelly O'Connell-Guzak Real Estate Agent - Home Sweet Home Ryan Realty

    Kelly O'Connell-Guzak

    Home Sweet Home Ryan Realty

    (630) 489-6353

    147 Total Sales

    1 in Creekside

    $120,000 Price

    Kelly O'Connell-Guzak
     Section Image
  • Edgar R. Guerrero Real Estate Agent - REMAX Legends

    Edgar R. Guerrero

    REMAX Legends

    (855) 951-5250

    130 Total Sales

    1 in Creekside

    $193,000 Price

    Edgar R. Guerrero
     Section Image
  • Jose Hernandez Real Estate Agent - Keller Williams Experience

    Jose Hernandez

    Keller Williams Experience

    (224) 505-2360

    41 Total Sales

    1 in Creekside

    $220,000 Price

    Jose Hernandez
     Section Image
  • Gary Grossman Real Estate Agent - Coldwell Banker Realty

    Gary Grossman

    Coldwell Banker Realty

    (224) 628-7003

    152 Total Sales

    1 in Creekside

    $148,500 Price

    Gary Grossman
     Section Image
  • Tracy Nosalik Real Estate Agent - Keller Williams Success Realty

    Tracy Nosalik

    Keller Williams Success Realty

    (708) 854-1869

    102 Total Sales

    1 in Creekside

    $578,500 Price

    Tracy Nosalik
     Section Image
  • Holly Connors Real Estate Agent - @properties Christie's International Real Estate

    Holly Connors

    @properties Christie's International Real Estate

    (773) 985-2352

    758 Total Sales

    3 in Creekside

    $221K - $775K Price Range

    Holly Connors
     Section Image
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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
-- Chicago Title
$750,000 Chicago Title
$612,500 Fidelity National Title
$850,000 Chicago Title Land Trust Co
$1,450,000 None Available
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $560,000
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
05/01/2015 05/01/15 Sold $850,000 +84999900.0% --
03/20/2015 03/20/15 Pending -- -- --
09/22/2014 09/22/14 For Sale $1 -- --
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 $64,727 $248,501 $124,196 $124,305
2024 $64,727 $223,304 $95,535 $127,769
2023 $62,473 $223,304 $95,535 $127,769
2022 $62,473 $223,304 $95,535 $127,769
2021 $84,748 $270,656 $95,535 $175,121
2020 $47,256 $153,125 $95,535 $57,590
2019 $31,214 $113,045 $95,535 $17,510
2018 $45,848 $153,125 $57,321 $95,804
2017 $26,064 $88,557 $57,321 $31,236
2016 $32,504 $118,357 $57,321 $61,036
2015 $38,696 $130,347 $52,544 $77,803
2014 $38,259 $130,347 $52,544 $77,803
2013 -- $130,347 $52,544 $77,803
Source: Public Records

Agents Affiliated with this Home

  • Tim Rasmussen, CCIM Real Estate Agent - Sperry Van Ness

    Seller's Agent in 2015

    Tim Rasmussen, CCIM

    Sperry Van Ness

    (312) 953-4818

    3 Total Sales

    Tim Rasmussen, CCIM
    Section Image
  • Olivia Czyzynski Real Estate Agent - Sperry Van Ness

    Seller Co-Listing Agent in 2015

    Olivia Czyzynski

    Sperry Van Ness

    (312) 756-7896

    16 Total Sales

    Olivia Czyzynski
    Section Image

  • N

    Buyer's Agent in 2015

    Non Member

    NON MEMBER

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08734609

Midwest Real Estate Data (MRED)

APN: 02-35-305-021-0000

Illinois Cook County Schaumburg 60173 Creekside

1500 E Algonquin Rd, Schaumburg, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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