NOT LISTED FOR SALE

225 Central Ave Wilmette, IL 60091

Estimated Value: $1,448,000 - $3,064,000

0.39 Acre
$6,152,972 Price per Acre
16,988 Sq Ft Lot

Sale Details

Date Sold: September 26, 2019

Last sale price $915,000 $366 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $15,714 / mo

22 Days on Market

About This Lot

As of September 2019

Incredible land opportunity in premier East Wilmette location. Appx 17k SF (0.39 acres) on a 78' x 217.5' lot. Existing frame building carries deferred maintenance so this is most likely a tear-down with the value in the land. Preliminary zoning analysis per the Village of Wilmette allows for 5,089 SF of permitted floor area plus 440 SF garage bonus, 300 SF porch bonus and 400 SF attic bonus. All buyers must due their own diligence and confirm with the Village. Just a couple blocks to Gillson Park with gorgeous views of Baha'i Temple from your backyard setting the perfect stage to build brand new construction. Unbeatable location close to downtown Wilmette. Easy access to Sheridan Road, Lake Michigan, Linden purple line and Wilmette Metra. ESTATE SALE SOLD AS-IS.

Last Agent to Sell the Property

Scott Stavish

@properties Christie's International Real Estate License #475125051 Listed on: 07/22/2019

@properties Christie's International Real Estate

Last Buyer's Agent

Timothy Shaker

Coldwell Banker Realty License #475165887

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $22,540

Lot Details

  • 16,988 Sq Ft Lot
  • Lot Dimensions are 78' x 217.5'
  • Property is zoned SINGL

Schools

  • Central Elementary School
  • Wilmette Junior High School
  • New Trier Twp High School Northfield/Wi

Utilities

  • Electricity To Lot Line
  • Gas Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Property Type

Land

Est. Annual Taxes

$22,540

Lot Details

0.39 Acres

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Single Family
  • Road Surface Type: Asphalt
  • General Information: None
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family
  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0
  • Driveway: Asphalt,Side Drive

Utilities

  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Sewer-Storm Available, Water-Municipal, Water to Site

Schools

  • Elementary School: Central Elementary School
  • High School: New Trier Twp H.S. Northfield/Wi
  • Middle/Junior School: Wilmette Junior High School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.39
  • Lot Dimensions: 78' X 217.5'
  • Zoning: SINGL
  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Land Amenities: Curbs and Gutters,Sidewalks

Rental Info

  • Board Number: 8
  • Rental Price: 0

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 22539.74
  • Tax Year: 2018
  • Tax Exemptions: Homeowner

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

Listed on
Jul 22, 2019
Closed on
Sep 20, 2019
Sold by
Bought by
Seller's Agent
Scott Stavish
@properties Christie's International Real Estate
Buyer's Agent
Timothy Shaker
Coldwell Banker Realty
List Price
$995,000
Sold Price
$915,000
Premium/Discount to List
-$80,000
-8.04%
Current Estimated Value
$2,399,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,484,659
Avg. Annual Appreciation
15.50%
Original Mortgage
$484,350
Outstanding Balance
$422,801
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$1,976,858

Purchase Details

Closed on
Mar 20, 2019
Sold by
Bought by

Purchase Details

Closed on
Aug 2, 2010
Sold by
Bought by

Purchase Details

Closed on
Aug 10, 2004
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
$915,000 Proper Title Llc
-- None Available
-- None Available
-- None Available
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 $484,350
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
09/26/2019 09/26/19 Sold $915,000 -8.0% $366 / Sq Ft
08/13/2019 08/13/19 Pending -- -- --
07/22/2019 07/22/19 For Sale $995,000 -- $398 / 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 $35,742 $260,000 $55,263 $204,737
2024 $35,742 $157,510 $46,761 $110,749
2023 $33,829 $157,510 $46,761 $110,749
2022 $33,829 $157,510 $46,761 $110,749
2021 $13,601 $52,355 $37,408 $14,947
2020 $16,950 $66,329 $37,408 $28,921
2019 $19,526 $89,024 $37,408 $51,616
2018 $22,540 $98,177 $32,307 $65,870
2017 $21,930 $98,177 $32,307 $65,870
2016 $20,797 $98,177 $32,307 $65,870
2015 $22,257 $92,277 $26,781 $65,496
2014 $21,915 $92,277 $26,781 $65,496
2013 $20,915 $92,277 $26,781 $65,496
Source: Public Records

Agents Affiliated with this Home

  • Scott Stavish

    Seller's Agent in 2019

    Scott Stavish

    @ Properties

    (773) 879-4444

    3 in this area

    153 Total Sales

    Scott Stavish
    Section Image
  • Timothy Shaker

    Buyer's Agent in 2019

    Timothy Shaker

    Coldwell Banker Realty

    (847) 910-8566

    6 in this area

    11 Total Sales

    Timothy Shaker
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10459198

Midwest Real Estate Data (MRED)

APN: 05-35-109-002-0000

Illinois Cook County Wilmette 60091

225 Central Ave, Wilmette, 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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