23160 N Old Mchenry Rd Long Grove, IL 60047
About This Lot
As of October 2024Opportunity Knocks! 8.35 acres at the NWQ of a lighted, highly-trafficked (28,000 VPD) intersection now for sale. Currently zoned R-1 in the Village of Long Grove, this property could be suitable for commercial development with its extraordinary demographics. Within a three mile radius there is a population of more than 41,000 with an average annual household income exceeding $210,000.
Property Details
Property Type
- Land
Year Built
- 2000
Lot Details
- 8.35 Acre Lot
- Lot Dimensions are 835x361x535x1003
- Property fronts a county road
Utilities
- No Utilities
Ownership History
Purchase Details
Purchase Details
Map
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $565,000 | None Listed On Document | |
| Special Warranty Deed | $565,000 | None Listed On Document | |
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | -- | None Listed On Document |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $383,673 | Commercial | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $300,000 | Commercial |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/11/2024 10/11/24 | Sold | $565,000 | -5.7% | -- |
| 03/21/2024 03/21/24 | Pending | -- | -- | -- |
| 02/29/2024 02/29/24 | For Sale | $599,000 | -- | -- |
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 | $39,647 | $401,405 | $311,550 | $89,855 |
| 2022 | $38,389 | $393,650 | $305,531 | $88,119 |
| 2021 | $36,607 | $383,562 | $297,701 | $85,861 |
| 2020 | $35,676 | $383,562 | $297,701 | $85,861 |
| 2019 | $34,589 | $380,216 | $295,104 | $85,112 |
| 2018 | $33,154 | $374,869 | $291,018 | $83,851 |
| 2017 | $32,863 | $370,350 | $287,510 | $82,840 |
| 2016 | $32,123 | $358,623 | $278,406 | $80,217 |
| 2015 | $32,088 | $341,578 | $265,174 | $76,404 |
| 2014 | $33,113 | $347,096 | $269,458 | $77,638 |
| 2012 | $31,680 | $347,826 | $270,025 | $77,801 |
Source: Midwest Real Estate Data (MRED)
MLS Number: 11992630
APN: 14-13-300-022
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