NOT LISTED FOR SALE

Estimated Value: $1,035,950

3.75 Acres
$276,253 Price per Acre
163,350 Sq Ft Lot

Last Sold August 12, 2021

Last sale price $830,000 $556 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $6,584/month

966 Days on Market

About This Lot

As of August 2021

Great location on a dedicated corner. 3.75 acres of flat land with great traffic exposure and traffic counts of over 44,550 cars per day. Close to medical facilities and commercial development. Just north of I-80. Additional 22 acres available that front La Grange Rd. Don't miss a great location with excellent traffic counts, good access and visibility. The Village of Tinley Park is working with Cook County for Special Designation status for the property to lower the tax liability for future development. Your medical, hotel, office and retail development would be perfect for the property. There are great demographics for the area. This is an excellent location for your future development.

Last Agent to Sell the Property

Marty King

Baird & Warner License #475133822 Listed on: 10/31/2018

Baird & Warner

Co-Listed By

Louise O'Connor

Baird & Warner License #475095677

Last Buyer's Agent

Robert Shutay

Realty Executives Ambassador License #471003186

Realty Executives Ambassador

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,164

Lot Details

  • 3.75 Acre Lot
  • Lot Dimensions are 481x34x281x506x302
  • Property fronts a state road

Home Design

  • Mixed Use

Additional Homes

  • Residence on Property

Utilities

  • Electricity To Lot Line
  • Gas Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$8,164

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Other
  • Road Surface Type: Asphalt, Concrete
  • General Information: School Bus Service,Interstate Access
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial, Office and Research, Retail, Special Use, Zoning Change Required, Other
  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street, State Road
  • OtherStructures: Residence
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: Electric to Site, Gas Nearby, Sanitary Sewer, Water-Municipal, Water Nearby

Lot Info

  • Lot Size Acres: 3.75
  • Lot Dimensions: 481X34X281X506X302
  • Zoning: OTHER
  • Lot Size: 3.0-3.99 Acres
  • Special Assessments: N
  • Land Description: Level,Wooded

Rental Info

  • Board Number: 10
  • Rental Price: 0

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 8164
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2018
Closed on
Jun 21, 2021
Sold by
Wisenfarth Sheila and Liftha Dunney Trust
Bought by
Three Rocks Investments Ltd
Seller's Agent
Marty King
Baird & Warner
Buyer's Agent
Robert Shutay
Realty Executives Ambassador
List Price
$1,200,000
Sold Price
$830,000
Premium/Discount to List
-$370,000
-30.83%
Current Estimated Value
$1,035,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,950
Avg. Annual Appreciation
5.41%
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
Three Rocks Investments Ltd $850,000 Chicago Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2021 08/12/21 Sold $830,000 -16.9% $556 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
07/06/2020 07/06/20 Price Changed $999,000 -16.8% $670 / Sq Ft
10/31/2018 10/31/18 For Sale $1,200,000 -- $804 / Sq Ft
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
2024 $13,612 $49,026 $49,026 --
2023 $9,154 $49,026 $49,026 --
2022 $9,154 $25,678 $16,342 $9,336
2021 $8,860 $25,677 $16,341 $9,336
2020 $8,629 $25,677 $16,341 $9,336
2019 $8,407 $25,923 $12,256 $13,667
2018 $8,227 $25,923 $12,256 $13,667
2017 $8,008 $25,923 $12,256 $13,667
2016 $8,164 $24,582 $8,170 $16,412
2015 $8,286 $29,714 $8,170 $21,544
2014 $8,245 $29,714 $8,170 $21,544
2013 $13,146 $48,035 $8,170 $39,865
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10126760

Midwest Real Estate Data (MRED)

APN: 27-34-100-012-0000