NOT LISTED FOR SALE

22W053 Glendale Terrace Medinah, IL 60157

Medinah Neighborhood

Estimated Value: $314,792 - $353,000

0.94 Acre
$355,209 Price per Acre
40,946 Sq Ft Lot

Last Sold August 02, 2022

Last sale price $265,000

Est. 26% increase in value since last sale

Current estimated payment $2,592/month

129 Days on Market

About This Lot

As of August 2022

The perfect location to start your next chapter and make a custom built home a reality! Not your average lot in Medinah - this lot has been cleared and ready for you to start your building plans! Sitting at just under an acre: 300ft deep, 100ft frontage - desirable location in the beautiful Medinah neighborhood, close to Medinah Country Club, and school districts 11 & 108! The options are endless when you have a lot this size to build a beautiful new home and enjoy!!

Last Agent to Sell the Property

Melissa Campobasso

Real 1 Realty License #475156882 Listed on: 02/07/2022

Real 1 Realty

Co-Listed By

Angie Corcione

Fulton Grace Realty License #471008538

Last Buyer's Agent

Melissa Campobasso

Real 1 Realty License #475156882 Listed on: 02/07/2022

Real 1 Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,291

Lot Details

  • 0.94 Acre Lot
  • Lot Dimensions are 100x304x39x80x130x227
  • Property is zoned SINGL

Outdoor Features

  • Electricity Available at Street

Schools

  • Medinah Primary Elementary School
  • Medinah Middle School
  • Lake Park High School

Utilities

  • Gas Available at Street
  • Private Company Owned Well
  • Private or Community Septic Tank

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Property Type

Land

Est. Annual Taxes

$2,291

Lot Details

0

Listing Details

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

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Frontage Length: 100
  • Frontage Type: Township Road
  • List Price: 289900
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: Electric Nearby, Gas Nearby, Septic-Private, Well Private

Schools

  • Elementary School: Medinah Primary School
  • High School: Lake Park High School
  • Middle/Junior School: Medinah Middle School
  • Middle/Junior School District: 11

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.94
  • Lot Dimensions: 100X304X39X80X130X227
  • Zoning: SINGL
  • Lot Size: .50-.99 Acre
  • Special Assessments: U
  • Estimated Land Sq Ft: 41339
  • Land Description: Cleared
  • Total Listed Lots Avail: 1

Rental Info

  • Board Number: 10
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 2291.22
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2022
Closed on
Aug 2, 2022
Sold by
Pecoraro John
Bought by
Cheney Jason S and Trocchio Lynnae Marie
Seller's Agent
Melissa Campobasso
Real 1 Realty
Buyer's Agent
Melissa Campobasso
Real 1 Realty
List Price
$299,900
Sold Price
$265,000
Premium/Discount to List
-$34,900
-11.64%
Current Estimated Value
$333,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,896
Avg. Annual Appreciation
7.69%
Original Mortgage
$198,750
Interest Rate
4.75%
Mortgage Type
Construction

Purchase Details

Listed on
Oct 20, 2014
Closed on
Dec 8, 2014
Sold by
Fannie Mae
Bought by
Pecoraro John
Seller's Agent
Gloria Tomaras
GMC Realty LTD
Buyer's Agent
Kathy Maykut
RE/MAX All Pro
List Price
$259,900
Sold Price
$203,500
Premium/Discount to List
-$56,400
-21.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.52%

Purchase Details

Closed on
Aug 11, 2014
Sold by
Germelli Mark E and Wells Fargo Bank Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 7, 2000
Sold by
Gemelli Richard J and Gemelli Nancy A
Bought by
Gemelli Mark E and Miller Janette A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
8.26%
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
Cheney Jason S $265,000 Fricano Peter
Pecoraro John -- Premier Title
Federal National Mortgage Association -- Premier Title
Gemelli Mark E $170,000 Freedom Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheney Jason S $1,325,000
Closed Cheney Jason S $1,325,000
Closed Cheney Jason S $198,750
Previous Owner Gemelli Mark E $73,317
Previous Owner Gemelli Mark E $191,600
Previous Owner Gemelli Mark $187,500
Previous Owner Gemelli Mark E $161,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2022 08/02/22 Sold $265,000 -8.6% --
06/17/2022 06/17/22 Pending -- -- --
03/10/2022 03/10/22 Price Changed $289,900 -3.3% --
02/07/2022 02/07/22 For Sale $299,900 +47.4% --
12/18/2014 12/18/14 Sold $203,500 -15.2% $126 / Sq Ft
12/02/2014 12/02/14 Pending -- -- --
11/19/2014 11/19/14 Price Changed $239,900 -7.7% $149 / Sq Ft
10/20/2014 10/20/14 For Sale $259,900 -- $161 / 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
2024 $9,750 $171,015 $41,553 $129,462
2023 $2,363 $38,000 $38,000 $0
2022 $2,363 $37,750 $37,750 $0
2021 $2,261 $35,870 $35,870 $0
2020 $2,291 $34,990 $34,990 $0
2019 $2,214 $33,620 $33,620 $0
2018 $2,202 $32,750 $32,750 $0
2017 $2,087 $30,350 $30,350 $0
2016 $4,103 $62,570 $28,090 $34,480
2015 $5,803 $81,590 $26,210 $55,380
2014 $5,920 $79,690 $25,600 $54,090
2013 $5,831 $82,420 $26,480 $55,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11319232

Midwest Real Estate Data (MRED)

APN: 02-11-409-009