NOT LISTED FOR SALE

238 E Cermak Rd Braidwood, IL 60408

Estimated Value: $15,751 - $304,000

0.28 Acre
$559,600 Price per Acre
12,197 Sq Ft Lot

Last Sold December 13, 2023

Last sale price $13,750

Est. 1,040% increase in value since last sale

Current estimated payment $897/month

103 Days on Market

About This Lot

As of December 2023

Make your dream of building a reality! Don't miss this wide 80x150 lot in a prime Braidwood location! Nestled on a serene and tranquil street, surrounded by exquisite custom-built homes, this property provides the ideal canvas for your vision. Close to shopping, dining, parks, and Reed-Custer (225) schools. Stop dreaming and start building! A preferred lender offers a reduced interest rate for this listing.

Last Agent to Sell the Property

Melissa Kingsbury

Redfin Corporation License #475177202 Listed on: 08/03/2023

Redfin Corporation

Last Buyer's Agent

Mark Shell

Pro Real Estate License #471000250

Property Details

Property Type

  • Land

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 80x150

Schools

  • Reed-Custer Intermediate School
  • Reed-Custer Middle School
  • Reed-Custer High School

Utilities

  • No Cooling
  • No Heating
  • Gas Available at Street

Community Details

Amenities

  • No Laundry Facilities

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Road Surface Type: Asphalt
  • General Information: None
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: Land
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Description: None
  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Cooling: None
  • Heating: None
  • Laundry Features: None
  • Utilities: Electric Nearby, Gas Nearby

Schools

  • Elementary School: Reed-Custer Intermediate School
  • High School: Reed-Custer High School
  • Middle/Junior School: Reed-Custer Middle School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.28
  • Lot Dimensions: 80X150
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 1571.56
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2023
Closed on
Dec 1, 2023
Sold by
Alvarez Noe
Bought by
Ags Holdings Llc
Seller's Agent
Melissa Kingsbury
Redfin Corporation
Buyer's Agent
Mark Shell
Pro Real Estate
List Price
$19,900
Sold Price
$13,750
Premium/Discount to List
-$6,150
-30.9%
Views
56
Current Estimated Value
$156,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,938
Avg. Annual Appreciation
225.82%

Purchase Details

Closed on
Jul 10, 2023
Sold by
Trust Number 2982
Bought by
Alvarez Noe

Purchase Details

Closed on
May 28, 2023
Sold by
Trust No 02-24-05-404-003-0000
Bought by
Municipal Trust Savings Bank 2982

Purchase Details

Closed on
Jan 19, 2023
Sold by
Trust No 02-24-05-404-003-0000
Bought by
Municiapal Trust Savings Bank 2983

Purchase Details

Closed on
Sep 15, 2022
Sold by
County Of Will
Bought by
Trust No 02-24-05-404-003-0000 and Will County Loan Company Ltd

Purchase Details

Closed on
Apr 15, 1996
Sold by
Bird Robert E
Bought by
Lapinsky Mark S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,650
Interest Rate
7.44%

Purchase Details

Closed on
Jun 26, 1995
Sold by
Citizens First National Bank Of Princeto
Bought by
Bird Robert E
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

Date Buyer Sale Price Title Company
Ags Holdings Llc $13,750 Fidelity National Title
Alvarez Noe $6,000 None Listed On Document
Municipal Trust Savings Bank 2982 -- None Listed On Document
Municiapal Trust Savings Bank 2983 -- None Listed On Document
Trust No 02-24-05-404-003-0000 -- None Listed On Document
Lapinsky Mark S $107,000 Chicago Title Insurance Co
Bird Robert E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lapinsky Mark S $101,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2023 12/13/23 Sold $13,750 -21.4% --
11/15/2023 11/15/23 Pending -- -- --
09/27/2023 09/27/23 Price Changed $17,500 -12.1% --
08/03/2023 08/03/23 For Sale $19,900 -- --
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 $939 $13,730 $13,730 $0
2023 $939 $12,297 $12,297 $0
2022 $790 $23,252 $11,159 $12,093
2021 $1,572 $22,193 $10,651 $11,542
2020 $730 $21,026 $10,091 $10,935
2019 $987 $19,855 $9,529 $10,326
2018 $935 $19,000 $9,119 $9,881
2017 $910 $18,627 $8,940 $9,687
2016 $875 $18,014 $8,646 $9,368
2015 $835 $17,549 $8,423 $9,126
2014 $835 $17,549 $8,423 $9,126
2013 $835 $18,769 $9,009 $9,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11847759

Midwest Real Estate Data (MRED)

APN: 02-24-05-404-003