$300,000
SOLD FEB 10, 2025

2116 Black Rd Joliet, IL 60435

3 Acres
$100,000 Price per Acre
130,680 Sq Ft Lot

Recently Sold

29% Below List Price

223 Days on Market

About This Lot

As of February 2025

FANTASTIC OPPORTUNITY FOR A BUILDER-DEVELOPER TO BUILD 7 HOMES OM A 3 ACRE PARCEL ON CORNER OF BLACK AND MADISON. . . ALSO INCLUDED A 3 BEDROOM HOME AND 3-CAR GARAGE. . .THE 3 ACRES ZONED RESIDENTIAL . . .

Last Agent to Sell the Property

David Roth

Coldwell Banker Real Estate Group License #475071839 Listed on: 06/06/2024

Coldwell Banker Real Estate Group

Last Buyer's Agent

Michelle Carr

eXp Realty, LLC License #475130558

eXp Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,294

Year Built

  • 1911

Lot Details

  • 3 Acre Lot
  • Corner Lot
  • Property is zoned SINGL

Parking

  • Driveway

Utilities

  • Heating System Uses Natural Gas
  • Gas Available
  • Private or Community Septic Tank

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Property Type

Land

Est. Annual Taxes

$6,294

Year Built

1911

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Estate
  • Road Surface Type: Asphalt
  • General Information: School Bus Service
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1911

Interior Features

  • Possible Use: Residential, Single Family
  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 500
  • Frontage Type: City Street
  • List Price: 300000
  • Waterfront: No

Garage/Parking

  • Driveway: Asphalt

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Natural Gas
  • Utilities: Gas to Site, Septic-Private

Schools

  • Middle/Junior School District: 86

Lot Info

  • Lot Size Acres: 3
  • Lot Dimensions: 136890
  • Zoning: SINGL
  • Lot Size: 3.0-3.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 17
  • Rental Price: 0

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 6294
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2024
Closed on
Feb 10, 2025
Sold by
Bevan William F
Bought by
Epg Chgo Redev Llc and Clvi Properties Llc
Seller's Agent
David Roth
Coldwell Banker Real Estate Group
Buyer's Agent
Michelle Carr
eXp Realty, LLC
List Price
$425,000
Sold Price
$300,000
Premium/Discount to List
-$125,000
-29.41%
Total Days on Market
223
Views
83
Current Estimated Value
$285,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,796
Avg. Annual Appreciation
-15.51%
Source: Public Records

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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
Administrators Deed $235,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $183,000 Unknown
Closed $187,200 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2025 02/10/25 Sold $300,000 0.0% --
02/10/2025 02/10/25 Sold $300,000 0.0% $136 / Sq Ft
01/16/2025 01/16/25 Pending -- -- --
01/16/2025 01/16/25 Pending -- -- --
12/20/2024 12/20/24 Price Changed $300,000 0.0% --
12/20/2024 12/20/24 Price Changed $300,000 -14.3% $136 / Sq Ft
10/25/2024 10/25/24 Price Changed $350,000 0.0% $159 / Sq Ft
10/25/2024 10/25/24 Price Changed $350,000 -6.7% --
08/14/2024 08/14/24 Price Changed $375,000 0.0% $170 / Sq Ft
08/14/2024 08/14/24 Price Changed $375,000 -6.3% --
07/04/2024 07/04/24 Price Changed $400,000 0.0% --
07/04/2024 07/04/24 Price Changed $400,000 -5.9% $182 / Sq Ft
06/06/2024 06/06/24 For Sale $425,000 0.0% --
05/18/2024 05/18/24 For Sale $425,000 0.0% $193 / Sq Ft
04/27/2024 04/27/24 Pending -- -- --
04/21/2024 04/21/24 For Sale $425,000 0.0% $193 / Sq Ft
02/23/2024 02/23/24 Pending -- -- --
01/15/2024 01/15/24 For Sale $425,000 -- $193 / 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
2023 $6,910 $87,515 $40,299 $47,216
2022 $6,295 $79,163 $36,453 $42,710
2021 $4,633 $73,936 $34,046 $39,890
2020 $4,629 $70,214 $32,332 $37,882
2019 $4,737 $65,254 $30,048 $35,206
2018 $4,912 $60,298 $27,766 $32,532
2017 $4,527 $54,821 $25,244 $29,577
2016 $4,234 $50,392 $23,143 $27,249
2015 $4,100 $47,250 $21,700 $25,550
2014 $4,100 $47,000 $21,600 $25,400
2013 $4,100 $50,353 $24,022 $26,331
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12076480

Midwest Real Estate Data (MRED)

APN: 07-07-117-002