NOT LISTED FOR SALE

1837 Wilmette Ave Wilmette, IL 60091

0.25 Acre
-- Price per Acre
10,890 Sq Ft Lot

Last Sold May 12, 2023

Last sale price $1,070,000 $513 Per Sq Ft

341 Days on Market

About This Lot

As of May 2023

Situated on the hard corner of Wilmette Avenue and Ridge Road, a 2,085 square foot retail asset is available for sale. The property is vehicle service building on 12,075 square feet of land. The gas station has 8 pumps, with three underground gas tanks at 10,000 gallons, 6,000 gallons and 4,000 gallons. The building is used as auto repair business and features three drive-in doors and triple-drain basins. The building is has excellent exposure and offers a variety of potential uses.

Last Agent to Sell the Property

Brad Thompson

Millennium Properties RE, Inc. License #471013662 Listed on: 05/12/2022

Last Buyer's Agent

Anthony Davidson

Realty Advisors Elite LLC License #471017006

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $38,156

Lot Details

  • 0.25 Acre Lot

Utilities

  • Electricity To Lot Line
  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$38,156

Lot Details

0

Listing Details

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

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 82
  • Frontage Type: City Street
  • List Price: 1095000
  • Waterfront: No

Utilities

  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Water to Site

Schools

  • Middle/Junior School District: 39

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.25
  • Lot Dimensions: 12074
  • Lot Size: .50-.99 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 8

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 38156
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Apr 28, 2023
Sold by
Chicago Title Land Trust Company
Bought by
Wilmette Gas Inc
Seller's Agent
Brad Thompson
Millennium Properties RE, Inc.
Buyer's Agent
Anthony Davidson
Realty Advisors Elite LLC
List Price
$1,095,000
Sold Price
$1,070,000
Premium/Discount to List
-$25,000
-2.28%
Views
160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,005,000
Outstanding Balance
$981,892
Interest Rate
6.28%
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
Wilmette Gas Inc $1,170,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilmette Gas Inc $1,005,000
Previous Owner Harris Bank Winnetka Na $652,762
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2023 05/12/23 Sold $1,070,000 -2.3% $513 / Sq Ft
04/19/2023 04/19/23 Pending -- -- --
05/12/2022 05/12/22 For Sale $1,095,000 -- $525 / 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 $39,871 $175,714 $75,463 $100,251
2023 $37,738 $175,714 $75,463 $100,251
2022 $37,738 $175,714 $75,463 $100,251
2021 $39,209 $150,925 $75,462 $75,463
2020 $38,569 $150,925 $75,462 $75,463
2019 $34,429 $150,925 $75,462 $75,463
2018 $32,939 $138,454 $52,823 $85,631
2017 $32,028 $138,454 $52,823 $85,631
2016 $30,094 $138,454 $52,823 $85,631
2015 $26,227 $105,646 $40,749 $64,897
2014 $25,809 $105,646 $40,749 $64,897
2013 $24,648 $105,646 $40,749 $64,897
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11402523

Midwest Real Estate Data (MRED)

APN: 05-33-400-109-0000