16500 W 159th St Lockport, IL 60441
12
Acres
$33,333
Price per Acre
522,720
Sq Ft Lot
About This Lot
As of June 2024Approximately 12 Acre Site in prime booming location. Proposal to build on the front 4.5 acres attached. Property must be mitigated to build on the front 4.5 acres. Just West of I-355 on 159th! This land is suitable for fast food site or other, and/or 4 acres suitable for office condos, or such. Walgreens on corner, KFC to the east, McDonald's, Starbucks, Jewel and soon Home Depot across the street. This is a prime piece, original owner, motivated. See "other information" for more details.
Last Agent to Sell the Property
Wirtz Real Estate Group Inc. License #471005499 Listed on: 06/04/2023
Property Details
Property Type
- Land
Est. Annual Taxes
- $9,078
Lot Details
- 12 Acre Lot
- Property fronts a highway
- Property is zoned COMMR
Home Design
- Mixed Use
Schools
- Lockport Township High School
Additional Features
- Electricity Available at Street
- Gas Available at Street
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 4, 2023
Closed on
May 6, 2024
Sold by
Trust Number 68146 and Chicago Title Land Trust Co
Bought by
D4-Holding Llc
Seller's Agent
Kimberly Wirtz
Wirtz Real Estate Group Inc.
Buyer's Agent
Waqar Qureshi
City Habitat Realty LLC
List Price
$635,000
Sold Price
$400,000
Premium/Discount to List
-$235,000
-37.01%
Total Days on Market
273
Views
63
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,629
Avg. Annual Appreciation
1.19%
Purchase Details
Closed on
Oct 4, 2023
Sold by
Trust Number 681461
Bought by
Ruffolo Anna Marie and Malysa Lawrence
Purchase Details
Closed on
Oct 2, 2023
Sold by
Ruffolo Anna Marie and Malysa Lawrence
Bought by
Continental 646 Fiind Llc
Similar Property in Lockport, IL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $400,000 | Fidelity National Title | |
| Deed | -- | None Listed On Document | |
| Special Warranty Deed | $2,100,000 | First American Title |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/25/2024 06/25/24 | Sold | $400,000 | -37.0% | -- |
| 03/04/2024 03/04/24 | Pending | -- | -- | -- |
| 06/04/2023 06/04/23 | For Sale | $635,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $10,156 | $118,106 | $118,106 | $0 |
| 2022 | $10,156 | $110,229 | $110,229 | $0 |
| 2021 | $9,079 | $104,378 | $104,378 | $0 |
| 2020 | $3,729 | $41,446 | $40,326 | $1,120 |
| 2019 | $3,618 | $39,859 | $38,739 | $1,120 |
| 2018 | $3,625 | $39,351 | $38,231 | $1,120 |
| 2017 | $3,563 | $38,231 | $37,111 | $1,120 |
| 2016 | $3,496 | $36,948 | $35,828 | $1,120 |
| 2015 | $3,394 | $35,561 | $34,441 | $1,120 |
| 2014 | $3,394 | $34,819 | $33,699 | $1,120 |
| 2013 | $3,394 | $34,806 | $33,686 | $1,120 |
Source: Public Records
Agents Affiliated with this Home
-
Kimberly Wirtz
Seller's Agent in 2024
Kimberly Wirtz
Wirtz Real Estate Group Inc.
(708) 516-3050
143 in this area
1,092 Total Sales
-
Waqar Qureshi
W
Buyer's Agent in 2024
Waqar Qureshi
City Habitat Realty LLC
(847) 361-0606
1 in this area
2 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11799328
APN: 16-05-18-305-039
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