NOT LISTED FOR SALE

218 S Albert St Mount Prospect, IL 60056

Downtown Mount Prospect Neighborhood

Estimated Value: $848,000 - $1,189,000

0.19 Acre
$5,680,258 Price per Acre
8,276 Sq Ft Lot

Sale Details

Date Sold: February 10, 2016

Last sale price $230,000 $73 Per Sq Ft

Est. 369% increase in value since last sale

Current estimated payment $7,599 / mo

113 Days on Market

About This Lot

As of February 2016

Build your dream home on this fabulous block. The lot dimensions are 50'X165.5'. This desirable lot is in the sought-after "Triangle" subdivision.

Last Agent to Sell the Property

Tom Zander

Berkshire Hathaway HomeServices Starck Real Estate License #471004159 Listed on: 08/20/2015

Berkshire Hathaway HomeServices Starck Real Estate

Last Buyer's Agent

Steve McEwen

@properties Christie's International Real Estate License #475116369

@properties Christie's International Real Estate

Property Details

Property Type

  • Land

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Property Type

Land

Listing Details

  • Property Type: Land
  • General Information: School Bus Service, Commuter Train
  • Ownership: Fee Simple
  • Current Use: Residential-Single Family
  • Othr Public Sch: WESTBROOK FOR EARLY LEARNERS
  • Ownership Type: Individual
  • Potential Use: Residential-Single Family
  • Total Listed Lots Avail: 1
  • Utilities To Site: Electric to Site, Gas Nearby, Sanitary Sewer Nearby, Sewer-Storm Available, Water-Municipal, Water-Nearby
  • Zoning Type: SINGL
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Road Surface: Asphalt

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Acreage: 0.19
  • Frontage Access: City Street
  • Front Footage: 50

Schools

  • Junior High Dist: 57
  • Other Public School District: 57

Lot Info

  • Lot Dimensions: 50X165.5
  • Estimated Land Sq Ft: 8275
  • Land Amenities: Sidewalks
  • Parcel Identification Number: 08122190220000

Tax Info

  • Taxes: 1067

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2017
Sold by
Bought by
Current Estimated Value
$1,079,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$602,792
Outstanding Balance
$484,808
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$594,441

Purchase Details

Listed on
Aug 20, 2015
Closed on
Feb 10, 2016
Sold by
Bought by
Seller's Agent
Tom Zander
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Steve McEwen
@properties Christie's International Real Estate
List Price
$289,900
Sold Price
$230,000
Premium/Discount to List
-$59,900
-20.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.09%

Purchase Details

Closed on
Jun 27, 2014
Sold by
Bought by

Purchase Details

Closed on
Aug 18, 2010
Sold by
Bought by

Purchase Details

Closed on
May 25, 2006
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$753,500 None Available
$753,500 None Available
$230,000 Attorney
-- None Available
-- None Available
$500,000 Republic Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $602,792
Closed $602,792
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/10/2016 02/10/16 Sold $230,000 -20.7% $73 / Sq Ft
12/11/2015 12/11/15 Pending -- -- --
08/20/2015 08/20/15 For Sale $289,900 -- $92 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $21,639 $92,000 $9,545 $82,455
2024 $21,639 $81,000 $7,885 $73,115
2023 $20,779 $81,000 $7,885 $73,115
2022 $20,779 $81,000 $7,885 $73,115
2021 $17,168 $58,428 $4,980 $53,448
2020 $16,881 $58,428 $4,980 $53,448
2019 $17,064 $65,650 $4,980 $60,670
2018 $19,322 $66,591 $4,357 $62,234
2017 $1,336 $4,357 $4,357 $0
2016 $1,158 $4,357 $4,357 $0
2015 $1,086 $3,735 $3,735 $0
2014 $1,067 $3,735 $3,735 $0
2013 $1,066 $3,735 $3,735 $0
Source: Public Records

Agents Affiliated with this Home

  • Tom Zander

    Seller's Agent in 2016

    Tom Zander

    Berkshire Hathaway HomeServices Starck Real Estate

    (847) 528-0100

    36 in this area

    159 Total Sales

    Tom Zander
    Section Image
  • Steve McEwen

    Buyer's Agent in 2016

    Steve McEwen

    @ Properties

    (312) 307-9470

    147 Total Sales

    Steve McEwen
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09017224

Midwest Real Estate Data (MRED)

APN: 08-12-219-022-0000

Illinois Cook County Mount Prospect 60056 Downtown Mount Prospect

218 S Albert St, Mount Prospect, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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