NOT LISTED FOR SALE

Estimated Value: $84,000 - $212,203

0.5 Acre
$299,602 Price per Acre
21,780 Sq Ft Lot

Last Sold March 06, 2024

Last sale price $105,000

Est. 43% increase in value since last sale

Current estimated payment $909/month

846 Days on Market

About This Lot

As of March 2024

ADJACENT TO "TOWN+COUNTRY SHOPPING PLAZA" IN A NEWLY REDISCOVERED NEIGHBORHOOD SHOPPING DISTRICT IN ELGIN. ALMOST 1/2 ACRE LEVEL BUILDING LOT WITH "RB" ZONING. TERRIFIC STREET EXPOSURE. ALL UTILITIES TO THE PROPERTY. CURB CUT AND DRIVEWAY/PAD ARE IN PLACE. THIS PROPERTY WOULD BE IDEAL FOR RETAIL WITH DRIVE-THRU, RETAIL WITH APARTMENTS ON SECOND FLOOR, EV CHARGING LOCATION AND MANY MORE POTENTIAL USES. LAND LEASE POSSIBLE.

Last Agent to Sell the Property

Ben Henrikson

RE/MAX Horizon License #475091643 Listed on: 10/04/2021

Last Buyer's Agent

Muhammad Ansari

Baird & Warner License #475209456

Baird & Warner

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,298

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 168x124
  • Property is zoned COMMR

Utilities

  • Electricity To Lot Line
  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$1,298

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Commercial, Multi-Family, Retail
  • Road Surface Type: Asphalt
  • General Information: Commuter Bus
  • Actual Status: Closed
  • ResoPropertyType: Land
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial, Office and Research, Multi-Family, Retail
  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • Waterfront: No

Utilities

  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Sewer-Storm Available, Water-Municipal

Lot Info

  • Lot Size Acres: 0.5
  • Lot Dimensions: 168X124
  • Zoning: COMMR
  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Land Description: Level

Rental Info

  • Board Number: 5

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 1297.66
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2021
Closed on
Mar 4, 2024
Sold by
Zettl Kevin and Zettl Sara
Bought by
Moulk Global Llc
Seller's Agent
Ben Henrikson
RE/MAX Horizon
Buyer's Agent
Muhammad Ansari
Baird & Warner
List Price
$125,000
Sold Price
$105,000
Premium/Discount to List
-$20,000
-16%
Views
317
Current Estimated Value
$149,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,801
Avg. Annual Appreciation
19.88%

Purchase Details

Closed on
Jun 25, 2004
Sold by
Broeker Thelma
Bought by
Zettl Kevin and Zettl Sara
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
Moulk Global Llc $105,000 None Listed On Document
Zettl Kevin $105,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2024 03/06/24 Sold $105,000 -16.0% --
01/29/2024 01/29/24 Pending -- -- --
10/04/2021 10/04/21 For Sale $125,000 -- --
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
2024 $1,588 $19,838 $19,838 --
2023 $1,528 $17,922 $17,922 --
2022 $1,417 $16,342 $16,342 $0
2021 $1,363 $15,279 $15,279 $0
2020 $1,330 $14,586 $14,586 $0
2019 $1,298 $13,894 $13,894 $0
2018 $1,294 $13,089 $13,089 $0
2017 $1,421 $13,814 $12,374 $1,440
2016 $1,367 $12,816 $11,480 $1,336
2015 -- $11,747 $10,522 $1,225
2014 -- $11,602 $10,392 $1,210
2013 -- $11,908 $10,666 $1,242
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11237572

Midwest Real Estate Data (MRED)

APN: 06-22-128-031

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