NOT LISTED FOR SALE

248 S Mclean Blvd Elgin, IL 60123

North Country Knolls Neighborhood

Estimated Value: $122,000 - $222,000

0.5 Acre
$369,034 Price per Acre
21,780 Sq Ft Lot

Sale Details

Date Sold: March 6, 2024

Last sale price $105,000

Est. 76% increase in value since last sale

Current estimated payment $1,129 / mo

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

  • 21,780 Sq Ft 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

0.5 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2021
Closed on
Mar 4, 2024
Sold by
Bought by
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
310
Current Estimated Value
$184,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,517
Avg. Annual Appreciation
27.91%

Purchase Details

Closed on
Jun 25, 2004
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$105,000 None Listed On Document
$105,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

  • Ben Henrikson

    Seller's Agent in 2024

    Ben Henrikson

    RE/MAX

    (847) 931-7500

    3 in this area

    109 Total Sales

    Ben Henrikson
    Section Image

  • M

    Buyer's Agent in 2024

    Muhammad Ansari

    Baird Warner

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11237572

Midwest Real Estate Data (MRED)

APN: 06-22-128-031

Illinois Kane County Elgin 60123 North Country Knolls

248 S Mclean Blvd, Elgin, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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