NOT LISTED FOR SALE

186 Industrial Dr Gilberts, IL 60136

Estimated Value: $784,387

1.11 Acres
$706,655 Price per Acre
48,352 Sq Ft Lot

Last Sold November 20, 2015

Last sale price $310,000

Est. 153% increase in value since last sale

Current estimated payment $5,549/month

191 Days on Market

About This Lot

As of November 2015

Zoned M2 (heavy industrial). Bring your ideas, toys, or build your dream industrial building. Industrial lot a little over an acre, all fenced in graveled, backs to I-90 Tollway with in minutes of I-90 and Randall road interchange. This property has rental income of roughly $3,500.00 a month and will go with new owner.

Last Agent to Sell the Property

Sharon Glasshof

GC Realty and Development Listed on: 04/17/2015

Last Buyer's Agent

Albert Shumov

Millenium Real Estate, NS Corp

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $16,427

Lot Details

Property Details

Property Type

Land

Est. Annual Taxes

$16,427

Lot Details

0

Listing Details

  • Property Type: Land
  • Special Service Area: T
  • Ownership: Fee Simple
  • Current Use: Industrial/Mfg
  • Utilities To Site: Electric Nearby, Gas Nearby, Sanitary Sewer Nearby, Water-Nearby
  • Zoning Type: INDUS
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Road Surface: Asphalt

Exterior Features

  • Lot Size: 1.0-1.99 Acres
  • Acreage: 1.11
  • Frontage Access: City Street
  • Front Footage: 210

Schools

  • School District: 300
  • Junior High Dist: 300

Lot Info

  • Lot Dimensions: 210 X205
  • Estimated Land Sq Ft: 43608
  • Parcel Identification Number: 0224351011

Tax Info

  • Taxes: 3563

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2015
Closed on
Nov 20, 2015
Sold by
Alexandria Arthur S and Alexandria Gloria E
Bought by
Solo International Corporation
Seller's Agent
Sharon Glasshof
GC Realty and Development
Buyer's Agent
Albert Shumov
Millenium Real Estate, NS Corp
List Price
$338,000
Sold Price
$310,000
Premium/Discount to List
-$28,000
-8.28%
Current Estimated Value
$784,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$474,387
Avg. Annual Appreciation
10.63%

Purchase Details

Closed on
Aug 8, 2011
Sold by
Ruffolo Frank and Ruffolo Serina
Bought by
Alexandria Arthur S and Alexandria Gloria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
4.22%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 30, 2006
Sold by
Ruffolo Frank
Bought by
Ruffolo Frank and Ruffolo Serina R

Purchase Details

Closed on
Dec 9, 2002
Sold by
Alexandria Vanessa and Alexandria Sandra
Bought by
Raffolo Frank

Purchase Details

Closed on
May 5, 2001
Sold by
Gonzalez Alexandria Art and Gonzalez Alexandria Gloria
Bought by
Alexandria Vanessa and Alexandria Sandra

Purchase Details

Closed on
Jan 11, 1995
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Gonzalez Alexandria Art and Gonzalez Alexandria Gloria
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
Solo International Corporation $465,000 Attorney
Alexandria Arthur S -- None Available
Ruffolo Frank -- None Available
Raffolo Frank -- --
Alexandria Vanessa -- --
Gonzalez Alexandria Art $102,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alexandria Gloria E $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2015 11/20/15 Sold $310,000 -8.3% --
10/25/2015 10/25/15 Pending -- -- --
04/17/2015 04/17/15 For Sale $338,000 -- --
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 $16,427 $242,601 $74,644 $167,957
2023 $15,858 $219,389 $67,502 $151,887
2022 $14,962 $202,277 $62,237 $140,040
2021 $14,569 $190,253 $58,537 $131,716
2020 $14,356 $185,395 $57,042 $128,353
2019 $14,103 $177,939 $54,748 $123,191
2018 $11,308 $137,551 $97,659 $39,892
2017 $4,137 $48,931 $48,931 $0
2016 $4,134 $46,583 $46,583 $0
2015 -- $43,996 $43,996 $0
2014 -- $36,282 $36,282 $0
2013 -- $36,947 $36,947 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08894857

Midwest Real Estate Data (MRED)

APN: 02-24-351-011