NOT LISTED FOR SALE

15W244 Forest Ln Elmhurst, IL 60126

Estimated Value: $381,000 - $900,000

0.88 Acre
$639,511 Price per Acre
38,333 Sq Ft Lot

Last Sold August 15, 2022

Last sale price $170,000

Est. 231% increase in value since last sale

Current estimated payment $3,838/month

1 Day on Market

About This Lot

As of August 2022

Amazing opportunity with this oversized lot in Elmhurst. Lined with mature trees and freshly cleared, this lot is ready to build your dream home! This property sits on about .88 acres of land in an extremely desirable part of Elmhurst. Take advantage of District 205 schools and Elmhurst living while paying unincorporated taxes. Build your dream home on this dead-end street. Electric, public water, and sewer down street. Convenient location close to expressways, Metra, shopping, and Elmhurst hospital.

Last Listed By

Robert Krajecki

Best Chicago Properties, LLC License #475186711 Listed on: 06/08/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,723

Year Built

  • 1948

Lot Details

  • 0.88 Acre Lot
  • Lot Dimensions are 79.17'x149.20'x141.25'x163.94'x270'

Utilities

  • Electricity To Lot Line
  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$1,723

Year Built

1948

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Road Surface Type: Asphalt
  • General Information: School Bus Service,Interstate Access
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1948

Exterior Features

  • Frontage Type: Frontage Road
  • List Price: 175000
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

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

Schools

  • Middle/Junior School District: 205

Lot Info

  • Lot Size Acres: 0.88
  • Lot Dimensions: 79.17'X149.20'X141.25'X163.94'X270'
  • Lot Size: .50-.99 Acre
  • Special Assessments: N
  • Estimated Land Sq Ft: 38,000

Rental Info

  • Board Number: 8

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 1723.08
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2017
Sold by
Wilmington Trust National Assn
Bought by
Tim S Realty And General Contractors Ltd
Total Days on Market
1
Current Estimated Value
$562,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,250
Interest Rate
9.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 23, 2017
Sold by
Medina Jorge and Medina Maribel
Bought by
Wilmington Trust National Association and Arlp Securitization Trust Series 2014 2

Purchase Details

Closed on
Nov 28, 2001
Sold by
Oleary Gloria Ann
Bought by
Medina Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,350
Interest Rate
6.6%

Purchase Details

Closed on
Apr 17, 1998
Sold by
Lilly Earland and Oleary Gloria Ann
Bought by
Oleary Gloria Ann

Range of Values:

Collateral Analytics

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ICE

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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
Tim S Realty And General Contractors Ltd $243,000 Attorney
Wilmington Trust National Association -- Attorney
Medina Jorge $201,500 First American Title
Oleary Gloria Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tims Realty And General Contra $423,750
Closed Tim S Realty And General Contractors Ltd $182,250
Previous Owner Medina Jorge $262,000
Previous Owner Medina Jorge $181,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2022 08/15/22 Sold $170,000 -2.9% --
06/10/2022 06/10/22 Pending -- -- --
06/08/2022 06/08/22 For Sale $175,000 -- --
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 $8,250 $156,800 $111,870 $44,930
2022 $7,972 $150,730 $107,540 $43,190
2021 $7,739 $146,990 $104,870 $42,120
2020 $7,377 $143,770 $102,570 $41,200
2019 $6,993 $136,690 $97,520 $39,170
2018 $7,056 $136,670 $92,320 $44,350
2017 $6,872 $130,230 $87,970 $42,260
2016 $6,722 $122,680 $82,870 $39,810
2015 $6,615 $114,290 $77,200 $37,090
2014 $4,886 $80,230 $70,470 $9,760
2013 $4,776 $81,360 $71,460 $9,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11427988

Midwest Real Estate Data (MRED)

APN: 06-13-409-014