NOT LISTED FOR SALE

1774 N 4050th Rd Sheridan, IL 60551

Estimated Value: $247,763

11 Acres
$22,877 Price per Acre
471,755 Sq Ft Lot

Last Sold March 23, 2022

Last sale price $210,000

Est. 18% increase in value since last sale

Current estimated payment $1,401/month

125 Days on Market

Highlights

  • 10.83 Acre Lot
  • Pole Barn
  • Corner Lot
  • Farm

About This Lot

As of March 2022

FARM, HUNT & LIVE ON THIS BEAUTIFUL 11 ACRE BUILDING SITE; ALREADY SET-UP WITH A POLE BUILDING; ZONED A-1. Get back to your roots and bring yourself out to the country! This parcel is easily accessible, yet gives you privacy as it's set-back from the main road. Tillable acres, huntable woods / timber and partially cleared homesite with mature shade trees. Nice flat field to farm, cash rent or plant hay and /or fence off for a pasture. OUTBUILDING / POLE BARN / MACHINE SHED is 40x60x16 with electric run under-ground to it. Interior incudes Tack Room or Office, 2 Horse Stalls, loft and open space. Dirt/gravel floor. 3-Sided Loafing Shed (needs some repairs). Old foundation on property where the old house used to sit (burned down years ago). Well and septic tank and leach field are on-site but are "As-Is". They have not been used or tested since seller purchased (6 years ago). Well has been capped. Leach field runs under the driveway and in the east section of mowed grass. Items in barn are personal property and are NOT included. Lines drawn on the photos are approximate lot lines only per county records and do not represent or replace a survey by a licensed surveyor. Please contact LaSalle County Building & Zoning Department for legally permissible uses.

Last Agent to Sell the Property

Amy Rogus

Century 21 Integra License #471019735 Listed on: 10/01/2021

Century 21 Integra

Last Buyer's Agent

Matthew Harr

Coldwell Banker Real Estate Group License #475181004

Coldwell Banker Real Estate Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $345

Lot Details

  • 10.83 Acre Lot
  • Lot Dimensions are 330 x 1320
  • Corner Lot
  • Property is zoned AGRIC

Parking

  • Gravel Driveway

Home Design

  • Box Stalls

Utilities

  • Electricity To Lot Line
  • Private Company Owned Well

Additional Features

  • Pole Barn
  • Farm

Property Details

Property Type

Land

Est. Annual Taxes

$345

Lot Details

0

Listing Details

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

Interior Features

  • Possible Use: Agricultural/W Bldg
  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 330
  • Frontage Type: Public Road
  • List Price: 225000
  • OtherStructures: Barn(s), Box Stalls, Pole Building, Other
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0
  • Driveway: Gravel

Utilities

  • Utilities: Electric to Site, Well Private

Schools

  • Middle/Junior School District: 2

Lot Info

  • Lot Size Acres: 10.83
  • Lot Dimensions: 330 X 1320
  • Zoning: AGRIC
  • Lot Size: 10.0-24.99 Acres
  • Special Assessments: N
  • Land Description: Level
  • Total Listed Lots Avail: 1
  • Tillable Acreage: 7.5
  • Wooded Acres: 3.33

Rental Info

  • Tenant Pays: Other
  • Board Number: 10

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 345
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2021
Closed on
Mar 23, 2022
Sold by
Woodline Farms Llc
Bought by
Arroyo Mercedes
Seller's Agent
Amy Rogus
Century 21 Integra
Buyer's Agent
Matthew Harr
Coldwell Banker Real Estate Group
List Price
$225,000
Sold Price
$210,000
Premium/Discount to List
-$15,000
-6.67%
Current Estimated Value
$247,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,763
Avg. Annual Appreciation
7.14%
Original Mortgage
$150,000
Outstanding Balance
$141,067
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$123,901

Purchase Details

Closed on
Jan 21, 2015
Sold by
Sampson Stephen N and Sampson Cheryl R
Bought by
Woodline Farms Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5%
Mortgage Type
New Conventional
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
Arroyo Mercedes $210,000 Chicago Title
Woodline Farms Llc $164,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arroyo Mercedes $150,000
Closed Arroyo Mercedes $150,000
Previous Owner Woodline Farms Llc $120,000
Previous Owner Sampson Stephen N $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2022 03/23/22 Sold $210,000 -6.7% --
02/04/2022 02/04/22 Pending -- -- --
10/01/2021 10/01/21 For Sale $225,000 -- --
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
2024 $380 $5,968 $3,148 $2,820
2023 $379 $5,652 $2,832 $2,820
2022 $377 $5,365 $2,545 $2,820
2021 $364 $5,104 $2,284 $2,820
2020 $345 $4,868 $2,048 $2,820
2019 $329 $4,651 $1,831 $2,820
2018 $320 $4,455 $1,635 $2,820
2017 $308 $4,278 $1,458 $2,820
2016 $300 $4,118 $1,298 $2,820
2015 -- $3,926 $1,106 $2,820
2012 -- $7,954 $5,134 $2,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11234664

Midwest Real Estate Data (MRED)

APN: 08-12-407000