NOT LISTED FOR SALE

22 E Park St Mundelein, IL 60060

Estimated Value: $76,537

0.1 Acre
$765,370 Price per Acre
4,356 Sq Ft Lot

Last Sold April 26, 2021

Last sale price $55,000

Est. 39% increase in value since last sale

Current estimated payment $493/month

55 Days on Market

About This Lot

As of April 2021

Vacant lot in the thriving downtown area of Mundelein! Formerly the site of the Brown Bag Deli and zoned for commercial with residential above (C-5-C). Nice level site with frontage on Park Street and abutting the alley. Convenient to the commuter train and all the downtown amenities and festivals. Located next to the popular Park Street Restaurant that has been there many years. Zoning allows large lot coverage and low setbacks. Great opportunity in a great location!

Last Agent to Sell the Property

Jeff Bell

RE/MAX Plaza License #475095372 Listed on: 12/31/2020

RE/MAX Plaza

Last Buyer's Agent

Jeff Bell

RE/MAX Plaza License #475095372 Listed on: 12/31/2020

RE/MAX Plaza

Property Details

Property Type

  • Land

Lot Details

Location

  • Property is near a bus stop

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • General Information: Commuter Bus, Commuter Train
  • Ownership: Fee Simple
  • Current Use: Platted
  • Potential Use: Commercial, No Development Status, Platted, Retail
  • Utilities To Site: Electric to Site, Gas to Site, Sanitary Sewer to Site, Water-Municipal, Water to Site
  • Zoning Type: COMMR
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Description: Level
  • Road Surface: Concrete

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Acreage: 0.1
  • Frontage Access: City Street
  • Front Footage: 40

Schools

  • School District: 120
  • High School: Mundelein Cons High School
  • Junior High Dist: 75

Lot Info

  • Lot Dimensions: 40 X 100
  • Estimated Land Sq Ft: 4000
  • Land Amenities: Sidewalks
  • Parcel Identification Number: 11193150150000

Tax Info

  • Taxes: 1962

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2020
Closed on
Apr 23, 2021
Sold by
Bowes Amanda R and Bowes Revocable Living Trust
Bought by
Village Of Mundelein
Seller's Agent
Jeff Bell
RE/MAX Plaza
Buyer's Agent
Jeff Bell
RE/MAX Plaza
List Price
$99,900
Sold Price
$55,000
Premium/Discount to List
-$44,900
-44.94%
Current Estimated Value
$76,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,537
Avg. Annual Appreciation
6.47%

Purchase Details

Closed on
Sep 27, 1993
Sold by
Bowes Timothy R and Bowes Amanda R
Bought by
Bowes Revocable Living Trust
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
Village Of Mundelein -- Heritage Title Company
Bowes Revocable Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bowes Amanda R $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2021 04/26/21 Sold $55,000 -44.9% --
02/24/2021 02/24/21 Pending -- -- --
12/31/2020 12/31/20 For Sale $99,900 -- --
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 -- -- -- --
2023 -- -- -- --
2022 $0 $0 $0 $0
2021 $1,985 $18,772 $18,772 $0
2020 $1,977 $18,456 $18,456 $0
2019 $1,962 $18,281 $18,281 $0
2018 $1,957 $18,185 $18,185 $0
2017 $1,935 $17,611 $17,611 $0
2016 $2,529 $22,357 $22,357 $0
2015 $2,471 $20,896 $20,896 $0
2014 $2,391 $20,616 $20,616 $0
2012 $3,290 $20,795 $20,795 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10961004

Midwest Real Estate Data (MRED)

APN: 11-19-315-015