NOT LISTED FOR SALE

1758 S Briggs St Lockport, IL 60441

Estimated Value: $395,675

12 Acres
$32,973 Price per Acre
522,720 Sq Ft Lot

Last Sold January 05, 2024

Last sale price $826,000

Current estimated payment $2,502/month

295 Days on Market

Highlights

  • 12 Acre Lot
  • Farm
  • Forced Air Heating and Cooling System
  • Lockport Township High School East Rated A

About This Lot

As of January 2024

12 acres located in the heart of Lockport. This prime property is near the intersection of Briggs and Division. Lockports downtown strip is located less than a mile away with stores, restaurants, bars, boutiques and more. Great schools and daycares close by. Located near Interstate 355 and other major roadways. Land is perfect for development of a subdivision in a town that is growing and expanding! Per city approval, land is ready to build. Utilities, water and sewer are at site.

Last Agent to Sell the Property

Dave Faxel

NextHome Select Realty License #471019671 Listed on: 08/29/2022

NextHome Select Realty

Last Buyer's Agent

Mike McCatty

Century 21 Circle License #471002650

Century 21 Circle

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,531

Lot Details

  • 12 Acre Lot
  • Lot Dimensions are 600x870
  • Additional Parcels
  • Property is zoned AGRIC

Schools

  • Fairmont Elementary And Middle School
  • Lockport Township High School

Farming

  • Farm

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electricity To Lot Line
  • Gas Available
  • Private Company Owned Well
  • Private or Community Septic Tank

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Property Type

Land

Est. Annual Taxes

$8,531

Lot Details

0

Listing Details

  • Property Type: Farm
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Agricultural, Single Family
  • Road Surface Type: Asphalt
  • General Information: None
  • ResoPropertyType: Farm
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 870
  • Frontage Type: Public Road
  • List Price: 824900
  • Waterfront: No

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Utilities: Electric to Site, Gas to Site, Septic-Private, Well Private

Schools

  • Elementary School: Fairmont School
  • High School: Lockport Township High School
  • Middle/Junior School: Fairmont School
  • Middle/Junior School District: 89

Lot Info

  • Additional Parcels Description: 1104251000280000
  • Additional Parcels: Yes
  • Lot Size Acres: 12
  • Lot Dimensions: 600X870
  • Zoning: AGRIC
  • Lot Size: 10.0-24.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 17
  • Rental Price: 0

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 8531.25
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2022
Closed on
Jan 4, 2024
Sold by
Chasnan Investments Llc
Bought by
Mccatty Michael and Mccatty Katherine
Seller's Agent
Dave Faxel
NextHome Select Realty
Buyer's Agent
Mike McCatty
Century 21 Circle
List Price
$824,900
Sold Price
$826,000
Premium/Discount to List
$1,100
0.13%
Views
40
Current Estimated Value
$395,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$430,325
Original Mortgage
$615,000
Outstanding Balance
$433,333
Interest Rate
7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 30, 2015
Sold by
Pluth Karen L and Petges James M
Bought by
Chasnan Investments Llc

Purchase Details

Closed on
Oct 12, 2006
Sold by
Pluth Karen L and Petges James M
Bought by
Pluth Karen L and Petges James M
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
Mccatty Michael $826,000 Fidelity National Title
Mccatty Michael $826,000 Fidelity National Title
Chasnan Investments Llc -- Attorney
Pluth Karen L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccatty Michael $615,000
Closed Mccatty Michael $615,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2024 01/05/24 Sold $826,000 +0.1% --
06/21/2023 06/21/23 Pending -- -- --
08/29/2022 08/29/22 For Sale $824,900 -- --
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 $12,042 $142,957 $64,542 $78,415
2023 $12,042 $105,190 $34,691 $70,499
2022 $8,772 $102,920 $33,797 $69,123
2021 $8,468 $96,662 $31,643 $65,019
2020 $8,276 $93,363 $30,449 $62,914
2019 $7,951 $88,431 $28,745 $59,686
2018 $8,038 $88,263 $28,577 $59,686
2017 $7,784 $83,280 $26,879 $56,401
2016 $6,935 $78,025 $25,103 $52,922
2015 $6,698 $74,193 $23,791 $50,402
2014 $6,698 $74,103 $23,701 $50,402
2013 $6,698 $74,064 $23,662 $50,402
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11615875

Midwest Real Estate Data (MRED)

APN: 11-04-25-100-017