$22,250
SOLD SEP 29, 2020

18 W South St Plano, IL 60545

0.35 Acre
$63,571 Price per Acre
15,246 Sq Ft Lot

Recently Sold

55% Below List Price

331 Days on Market

About This Lot

As of September 2020

Outstanding opportunity awaits! Prime commercial property on RT 34 in Plano. 120x130 corner lot- great location for future business! Property is clean- IL EPA paperwork on file. Cut outs on both Rt 34 and South St. Bank owned, quick closing possible. Taxes are being addressed to be reassessed & reduced based on current list & sale price .Call or email for more information.

Last Agent to Sell the Property

Philip Howell

RE/MAX Top Properties License #475119140 Listed on: 10/01/2019

RE/MAX Top Properties

Last Buyer's Agent

Philip Howell

RE/MAX Top Properties License #475119140 Listed on: 10/01/2019

RE/MAX Top Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,421

Property Details

Property Type

Land

Est. Annual Taxes

$1,421

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Commercial
  • Potential Use: Commercial
  • Utilities To Site: Electric to Site, Gas to Site, Sanitary Sewer to Site, Water-Municipal
  • Zoning Type: COMMR
  • Special Features: 20
  • Property Sub Type: LotsLands

Interior Features

  • Road Surface: Asphalt

Exterior Features

  • Lot Size: .25-.49 Acre
  • Acreage: 0.35
  • Frontage Access: City Street, State Road
  • Front Footage: 120

Schools

  • School District: 88
  • Middle School: Plano Middle School
  • High School: Plano High School
  • Junior High Dist: 88

Lot Info

  • Lot Dimensions: 120X130
  • Parcel Identification Number: 0127131001

Tax Info

  • Taxes: 4768.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2019
Closed on
Sep 25, 2020
Sold by
Mfdland States Bank
Bought by
Smorczewski Jan and Smorczewski Bernadeta
Seller's Agent
Philip Howell
RE/MAX Top Properties
Buyer's Agent
Philip Howell
RE/MAX Top Properties
List Price
$49,000
Sold Price
$22,250
Premium/Discount to List
-$26,750
-54.59%

Purchase Details

Closed on
Aug 27, 2003
Sold by
Otg 4 Llc
Bought by
Union Bank

Purchase Details

Closed on
Jul 6, 1999
Sold by
Clark Refining & Marketing Inc
Bought by
Otg 4 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000,000
Interest Rate
7.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 1988
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 Type Sale Price Title Company
Special Warranty Deed $22,500 American Title Guaranty
Quit Claim Deed -- Law Title Insurance Company
Warranty Deed $169,500 --
Deed $87,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $195,000,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2025 02/17/25 For Sale $129,000 0.0% --
01/30/2025 01/30/25 Pending -- -- --
02/27/2023 02/27/23 For Sale $129,000 +479.8% --
09/29/2020 09/29/20 Sold $22,250 -25.8% --
08/27/2020 08/27/20 Pending -- -- --
05/11/2020 05/11/20 Price Changed $30,000 -38.8% --
04/06/2020 04/06/20 For Sale $49,000 0.0% --
01/17/2020 01/17/20 Pending -- -- --
10/01/2019 10/01/19 For Sale $49,000 -- --
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 $1,421 $17,273 $17,273 --
2023 $1,490 $16,450 $16,450 --
2022 $1,468 $15,667 $15,667 $0
2021 $1,488 $15,667 $15,667 $0
2020 $1,533 $15,667 $15,667 $0
2019 $1,567 $15,667 $15,667 $0
2018 $4,316 $40,092 $40,092 $0
2017 $4,314 $38,183 $38,183 $0
2016 $2,384 $38,183 $38,183 $0
2015 $5,185 $36,365 $36,365 $0
2014 -- $33,320 $33,320 $0
2013 -- $34,000 $34,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10534271

Midwest Real Estate Data (MRED)

APN: 01-27-131-001