NOT LISTED FOR SALE

Estimated Value: $842,862

20 Acres
$42,143 Price per Acre
871,200 Sq Ft Lot

Last Sold June 17, 2024

Last sale price $805,000

Est. 5% increase in value since last sale

Current estimated payment $4,547/month

71 Days on Market

Highlights

  • 20 Acre Lot
  • Farm
  • Corner Lot
  • Hadley Middle School Rated 9+
  • Property is near a forest

About This Lot

As of June 2024

39.35 beautiful acres in a prime location! Property offers frontage on Cedar Road on both the north and east sides of property. Property borders Will County forest preserve to the west with Spring Creek running close by...Small park adjacent to the 40 acres.....near all the conveniences located within 4 miles of Metra train station and near Messenger Woods, I-355, I-80, shopping, dining, schools and just minutes from Silver Cross Hospital and several doctor offices. Great opportunity for development in a great quiet area of Homer Glen/New Lenox. So many possibilities for this unique property. When driving South on Cedar Road from 159th or 167th this property is the second part of the "S" curves north of Route 6 in New Lenox. $55,000 per acre.

Last Agent to Sell the Property

Bonnie Willis

Coldwell Banker Real Estate Group License #475157605 Listed on: 12/11/2023

Coldwell Banker Real Estate Group

Last Buyer's Agent

Bonnie Willis

Coldwell Banker Real Estate Group License #475157605 Listed on: 12/11/2023

Coldwell Banker Real Estate Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $923

Lot Details

  • 20 Acre Lot
  • Lot Dimensions are 1283x1293
  • Corner Lot
  • Property is zoned AGRIC

Additional Features

  • Electricity Available at Street
  • Property is near a forest
  • Farm
  • Gas Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$923

Lot Details

0

Listing Details

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

Interior Features

  • Possible Use: Estate, Development, Zoning Change Required

Exterior Features

  • Frontage Length: 2576
  • Frontage Type: Public Road
  • List Price: 2164250
  • Waterfront: No

Utilities

  • Utilities: Electric Nearby, Gas Nearby, Sanitary Sewer, Water Nearby

Schools

  • Middle/Junior School District: 33C

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 20
  • Lot Dimensions: 1283X1293
  • Zoning: AGRIC
  • Lot Size: 25.0-99.99 Acres
  • Special Assessments: N
  • Estimated Land Sq Ft: 871,200

Rental Info

  • Board Number: 10
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 922.62
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2024
Sold by
Cedar Road Associates
Bought by
John Joseph Fife Living Trust and Fife
Current Estimated Value
$842,862
Source: Public Records

Range of Values:

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Average Value
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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
John Joseph Fife Living Trust $805,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/17/2024 06/17/24 Sold $805,000 -62.8% --
02/21/2024 02/21/24 Pending -- -- --
12/18/2023 12/18/23 Price Changed $2,164,250 -1.6% --
12/11/2023 12/11/23 For Sale $2,200,000 +95.6% --
07/14/2023 07/14/23 Sold $1,125,000 -56.7% -- View Prior Sale
12/19/2022 12/19/22 Pending -- -- --
05/25/2022 05/25/22 For Sale $2,600,000 -- --
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 $1,109 $14,531 $14,531 $0
2023 $1,109 $12,827 $12,827 $0
2022 $923 $11,278 $11,278 $0
2021 $813 $9,870 $9,870 $0
2020 $737 $8,589 $8,589 $0
2019 $643 $7,426 $7,426 $0
2018 $555 $6,369 $6,369 $0
2017 $476 $5,406 $5,406 $0
2016 $404 $4,532 $4,532 $0
2015 $267 $3,737 $3,737 $0
2014 $267 $3,179 $3,179 $0
2013 $267 $2,891 $2,891 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11945141

Midwest Real Estate Data (MRED)

APN: 16-05-33-200-002