$650,000
SOLD JUN 9, 2023 RENTED NOV 8, 2024

2400 N Cedar Rd New Lenox, IL 60451

17 Acres
$38,235 Price per Acre
740,520 Sq Ft Lot

Recently Sold

24% Below List Price

384 Days on Market

Highlights

  • 17 Acre Lot
  • Lincoln Way West Rated A-
  • Farm

About This Lot

As of June 2023

The 17.7 acre parcel, is slightly hilly and has a soil PI of 113.7, but has not been farmed in 20 plus years. This parcel is on Cedar road just off of I-355. This is a prime location for development. Located in New Lenox there are plenty of shops, restaurants and a great school system.

Last Agent to Sell the Property

Rex Stengele

Goodwin & Associates Real Estate LLC License #471003664 Listed on: 04/28/2022

Last Buyer's Agent

Tim Olsick

Olsick Realty, Inc. License #471013075

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,400

Additional Features

  • 17 Acre Lot
  • Farm
  • No Utilities

Property Details

Property Type

Land

Est. Annual Taxes

$5,400

Lot Details

0

Listing Details

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

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 655
  • Frontage Type: Frontage Road
  • List Price: 850000
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: None

Schools

  • Middle/Junior School District: 122

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 17
  • Lot Dimensions: 655FT X 413FT X 104FT X 656FT X 777FT X 1006FT
  • Lot Size: 10.0-24.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 20
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 5400.04
  • Tax Year: 2020

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
11/08/2024 11/08/24 Rented $3,200 0.0% --
09/29/2024 09/29/24 For Rent $3,200 0.0% --
06/09/2023 06/09/23 Sold $650,000 -23.5% --
05/18/2023 05/18/23 Pending -- -- --
04/20/2023 04/20/23 Price Changed $850,000 0.0% --
04/20/2023 04/20/23 For Sale $850,000 +30.8% --
04/04/2023 04/04/23 Off Market $650,000 -- --
08/26/2022 08/26/22 Price Changed $680,000 -23.2% --
06/24/2022 06/24/22 For Sale $885,000 0.0% --
06/10/2022 06/10/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $885,000 -- --
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 $5,188 $82,306 $21,084 $61,222
2023 $5,188 $75,029 $19,220 $55,809
2022 $4,848 $69,119 $17,706 $51,413
2021 $4,027 $65,004 $16,652 $48,352
2020 $4,065 $62,685 $16,058 $46,627
2019 $4,020 $60,741 $15,560 $45,181
2018 $4,503 $58,647 $15,024 $43,623
2017 $4,268 $56,961 $14,592 $42,369
2016 $4,137 $55,436 $14,201 $41,235
2015 $3,971 $53,691 $13,754 $39,937
2014 $3,971 $53,028 $13,584 $39,444
2013 $3,971 $53,743 $13,767 $39,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11387685

Midwest Real Estate Data (MRED)

APN: 15-08-03-300-005