NOT LISTED FOR SALE

Estimated Value: $353,000

0.25 Acres
$1,412,000 Price per Acre
10,890 Sq Ft Lot

Sale Details

Date Sold: October 26, 2022

Last sale price $795,000

Current estimated payment $2,042 / mo

1811 Days on Market

About This Lot

As of October 2022

Ideal multi story residential or commercial site located on the SWC of Grand and Western Ave. Sits within Transit Oriented Development (TOD) corridor. The total site consists of approx. 11,248 sf with 72 ft of frontage along Western Ave. The corner provides excellent visibility and exposure. Annual billboard income in excess of $18,500 makes this a great buy and hold or bring your developer. Potential rezoning to Residential with TOD bonus features. Metra station 2 blocks away.

Last Agent to Sell the Property

Michael Rourke

@properties Commercial License #471016816 Listed on: 08/23/2017

@properties Commercial

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,693

Lot Details

  • 10,890 Sq Ft Lot
  • Additional Parcels

Utilities

  • Electricity To Lot Line
  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$2,693

Lot Details

0.25 Acres

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Other
  • Road Surface Type: Asphalt
  • General Information: Commuter Train
  • Actual Status: Closed
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: Electric to Site, Gas to Site, Water to Site

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.25
  • Lot Dimensions: IRREGULAR 72 X 110
  • Zoning: OTHER
  • 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: 2693
  • Tax Year: 2018
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2017
Closed on
Oct 26, 2022
Sold by
Grand & Western Llc
Bought by
2405 W Grand Llc
Seller's Agent
Michael Rourke
@properties Commercial
Buyer's Agent
Non Member
NON MEMBER
List Price
$900,000
Sold Price
$795,000
Premium/Discount to List
-$105,000
-11.67%
Current Estimated Value
$353,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$442,000
Avg. Annual Appreciation
-20.86%
Original Mortgage
$516,750
Interest Rate
6.25%
Mortgage Type
New Conventional
Source: Public Records
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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
2405 W Grand Llc $795,000 Freedom Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 2405 W Grand Llc $516,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2022 10/26/22 Sold $795,000 -11.7% --
08/09/2022 08/09/22 For Sale $900,000 +13.2% --
08/08/2022 08/08/22 Pending -- -- --
12/31/2020 12/31/20 Off Market $795,000 -- --
06/11/2019 06/11/19 Price Changed $900,000 -5.3% --
03/01/2019 03/01/19 For Sale $950,000 +19.5% --
02/28/2019 02/28/19 Off Market $795,000 -- --
08/23/2017 08/23/17 For Sale $950,000 -- --
Source: Midwest Real Estate Data (MRED)

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
2025 $1,882 $5,779 $5,779 --
2024 $1,882 $5,779 $5,779 --
2023 $1,835 $8,890 $8,890 --
2022 $1,835 $8,890 $8,890 $0
2021 $1,794 $8,890 $8,890 $0
2020 $1,987 $8,890 $8,890 $0
2019 $1,792 $8,890 $8,890 $0
2018 $1,762 $8,890 $8,890 $0
2017 $1,632 $7,556 $7,556 $0
2016 $1,513 $7,556 $7,556 $0
2015 $1,385 $7,556 $7,556 $0
2014 $1,402 $7,556 $7,556 $0
2013 $1,374 $7,556 $7,556 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09729883

Midwest Real Estate Data (MRED)

APN: 16-12-220-016-0000

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