NOT LISTED FOR SALE

1628 Rand Rd Des Plaines, IL 60016

Estimated Value: $721,310

0.95 Acre
$761,679 Price per Acre
41,251 Sq Ft Lot

Sale Details

Date Sold: October 26, 2016

Last sale price $785,000

Est. 8% decrease in value since last sale

Current estimated payment $4,613 / mo

203 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Maine West High School Rated A-
  • 4-minute walk to Sesquicentenial Park

About This Lot

As of October 2016

14,000 sq. ft. single story showroom garage building on 42,000 sq. ft. landsite zoned C-3. 300 ft. frontage on high profile corner. 26,000 average daily traffic count. Building in excellent condition. 14 foot ceiling height with two overhead doors. Minutes to O'Hare and easy access to I-294. Priced for immediate sale.

Last Agent to Sell the Property

Jerome Ettinger

Ettinger Realty, Ltd. License #471011723 Listed on: 02/01/2016

Last Buyer's Agent

Jerome Ettinger

Ettinger Realty, Ltd. License #471011723 Listed on: 02/01/2016

Property Details

Property Type

  • Land

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Property Type

Land

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Commercial
  • Ownership Type: Individual
  • Potential Use: Commercial
  • Utilities To Site: Electric Nearby, Gas Nearby
  • Zoning Type: COMMR
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Description: Irregular
  • Road Surface: Asphalt

Exterior Features

  • Lot Size: .50-.99 Acre
  • Frontage Access: City Street
  • Front Footage: 300

Utilities

  • Air Conditioner: Central Air
  • Heating Fuel: Gas, Forced Air

Lot Info

  • Lot Dimensions: 300 X 140
  • Estimated Land Sq Ft: 42000
  • Parcel Identification Number: 09161040220000

Building Info

  • Building Improvements: Bldg/s No House
  • Buildings On Land: Yes

Rental Info

  • Lease Type: Net

Tax Info

  • Taxes: 55339

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
Jun 18, 2021
Sold by
Bought by
Current Estimated Value
$721,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Outstanding Balance
$402,948
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$318,362

Purchase Details

Listed on
Feb 1, 2016
Closed on
Oct 26, 2016
Sold by
Bought by
Seller's Agent
Jerome Ettinger
Ettinger Realty, Ltd.
Buyer's Agent
Jerome Ettinger
Ettinger Realty, Ltd.
List Price
$875,000
Sold Price
$785,000
Premium/Discount to List
-$90,000
-10.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.88%

Purchase Details

Closed on
Jul 16, 2012
Sold by
Bought by

Purchase Details

Closed on
Dec 13, 2005
Sold by
Bought by

Purchase Details

Closed on
Jul 7, 1994
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
$625,000
Interest Rate
8.6%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$560,000 Chicago Title
$785,000 Greater Metropolitan Title L
-- None Available
-- None Available
$750,000 --
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
Open $448,000
Previous Owner $625,000
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
10/26/2016 10/26/16 Sold $785,000 -10.3% --
08/22/2016 08/22/16 Pending -- -- --
02/01/2016 02/01/16 For Sale $875,000 -- --
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 $83,051 $354,250 $232,155 $122,095
2024 $83,051 $315,000 $144,452 $170,548
2023 $113,231 $440,048 $144,452 $295,596
2022 $113,231 $440,048 $144,452 $295,596
2021 $49,566 $161,250 $144,452 $16,798
2020 $63,279 $209,399 $144,452 $64,947
2019 $56,353 $209,399 $144,452 $64,947
2018 $58,690 $196,246 $92,862 $103,384
2017 $57,654 $196,247 $92,862 $103,385
2016 $54,534 $196,250 $92,862 $103,388
2015 $62,711 $207,437 $87,703 $119,734
2014 $55,339 $186,994 $87,703 $99,291
2013 $54,953 $190,431 $87,703 $102,728
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09128346

Midwest Real Estate Data (MRED)

APN: 09-16-104-022-0000

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