$1,373,000
SOLD NOV 26, 2024
2.58 Acres
$532,171 Price per Acre
112,385 Sq Ft Lot

Recently Sold

8% Below List Price

73 Days on Market

About This Lot

As of November 2024

Welcome to an exceptional opportunity to build your dream home in the heart of Oak Brook, Illinois and enjoy the benefits of low Oak Brook taxes. This expansive 2.58-acre residential lot offers a canvas for your dream home, ready for proposed new construction with YOUR OWN BUILDER or it can be subdivided into 3 lots but please verify with the village. This parcel is backing up to Midwest Club but NOT in Midwest club so NO association fee. The land is not tied to a builder, but the current owner has full architectural plans by a top notch architectural firm out of Chicago. This land goes to highly acclaimed Hinsdale Central High school, Butler Middle School, and Brook Forest Elementary. Current home and shed on property is being sold as-is.

Last Agent to Sell the Property

Eabad Haque

Coldwell Banker Realty License #475183522 Listed on: 06/20/2024

Coldwell Banker Realty

Co-Listed By

Moin Haque

Coldwell Banker Realty License #471011151

Last Buyer's Agent

Moghees Adil

United Real Estate - Chicago License #475146703

United Real Estate - Chicago

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $20,297

Year Built

  • 1959

Lot Details

  • 2.58 Acre Lot
  • Lot Dimensions are 268x420x265x414

Schools

  • Brook Forest Elementary School
  • Butler Junior High School
  • Hinsdale Central High School

Utilities

  • No Cooling
  • No Heating
  • Electricity To Lot Line

Property Details

Property Type

Land

Est. Annual Taxes

$20,297

Year Built

1959

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Road Surface Type: Concrete
  • General Information: None
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1959

Interior Features

  • Basement Description: None
  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • List Price: 1500000
  • Waterfront: No

Utilities

  • Cooling: None
  • Heating: None
  • Utilities: Electric to Site, Water to Site

Schools

  • Elementary School: Brook Forest Elementary School
  • High School: Hinsdale Central High School
  • Middle/Junior School: Butler Junior High School
  • Middle/Junior School District: 53

Lot Info

  • Lot Size Acres: 2.58
  • Lot Dimensions: 268X420X265X414
  • Lot Size: 2.0-2.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Rental Price: 0

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 20296.68
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2024
Closed on
Nov 25, 2024
Sold by
Oak Brook Meadows Llc
Bought by
Midwest Club
Seller's Agent
Eabad Haque
Coldwell Banker Realty
Buyer's Agent
Moghees Adil
United Real Estate - Chicago
List Price
$1,500,000
Sold Price
$1,373,000
Premium/Discount to List
-$127,000
-8.47%
Total Days on Market
73
Views
38
Current Estimated Value
$1,413,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,500
Avg. Annual Appreciation
5.99%
Original Mortgage
$3,956,000
Outstanding Balance
$3,942,180
Interest Rate
6.72%
Mortgage Type
Construction
Estimated Equity
-$2,528,680

Purchase Details

Closed on
Aug 7, 2023
Sold by
Ahmed Mansoor and Mansoor Sadia
Bought by
Oakbrook Meadows Llc

Purchase Details

Closed on
Feb 20, 2022
Sold by
Oakbrook Meadows Llc
Bought by
Ahmed Mansoor and Mansoor Sadia

Purchase Details

Listed on
May 29, 2021
Closed on
Jul 22, 2021
Sold by
Goodman Marilyn W
Bought by
Oak Brook Meadows Llc
Seller's Agent
Laura Caldwell
john greene, Realtor
Buyer's Agent
Moin Haque
Coldwell Banker Realty
List Price
$1,500,000
Sold Price
$1,000,000
Premium/Discount to List
-$500,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.48%

Purchase Details

Closed on
Jun 19, 2009
Sold by
Vallyn I Llc
Bought by
Goodman Marilyn W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2008
Sold by
Goodman Marilyn W and The Marilyn W Goodman Revocabl
Bought by
Vallyn I Llc

Purchase Details

Closed on
Jan 17, 2003
Sold by
Goodman Marilyn W
Bought by
Goodman Marilyn W and Marilyn W Goodman Revocable Declaration

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,000
Interest Rate
5.95%
Mortgage Type
Unknown
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 Type Sale Price Title Company
Warranty Deed $1,373,000 Fidelity National Title
Warranty Deed $1,373,000 Fidelity National Title
Warranty Deed -- None Listed On Document
Warranty Deed -- Vfo Law Llc
Warranty Deed $1,000,000 First American Title
Quit Claim Deed -- First American Title
Deed -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,956,000 Construction
Closed $3,956,000 Construction
Previous Owner $150,000 Credit Line Revolving
Previous Owner $111,000 Credit Line Revolving
Previous Owner $417,000 Purchase Money Mortgage
Previous Owner $271,000 Unknown
Previous Owner $283,000 Unknown
Previous Owner $125,000 Credit Line Revolving
Previous Owner $300,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2024 11/26/24 Sold $1,373,000 -8.5% --
09/02/2024 09/02/24 Pending -- -- --
06/20/2024 06/20/24 For Sale $1,500,000 +50.0% --
08/04/2021 08/04/21 Sold $1,000,000 -33.3% $428 / Sq Ft
07/10/2021 07/10/21 Pending -- -- --
05/29/2021 05/29/21 For Sale $1,500,000 -- $643 / 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 $12,251 $333,330 $330,000 $3,330
2022 $20,297 $553,170 $496,710 $56,460
2021 $19,387 $539,420 $484,360 $55,060
2020 $18,918 $527,600 $473,750 $53,850
2019 $17,990 $501,620 $450,420 $51,200
2018 $16,292 $474,840 $426,370 $48,470
2017 $15,256 $452,490 $406,300 $46,190
2016 $14,861 $426,270 $382,760 $43,510
2015 $14,651 $397,120 $356,590 $40,530
2014 $13,941 $366,070 $364,800 $1,270
2013 $13,829 $371,230 $369,940 $1,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12089630

Midwest Real Estate Data (MRED)

APN: 06-34-102-003