$261,000
SOLD NOV 6, 2024

265 N Rand Rd Lake Zurich, IL 60047

0.27 Acre
-- Price per Acre
-- Sq Ft Lot

Recently Sold

18% Below List Price

59 Days on Market

About This Lot

As of November 2024

Prime Lake Zurich location on Rand Road. Many possible uses. Seller was pre approved for new construction commercial first floor and basement and 2 residential units on second floor (see pictures). Also, possible 4 residential condos or maybe townhomes. Seller purchased another property that suits him better. Act now!

Last Agent to Sell the Property

Tony Zaskowski

Keller Williams ONEChicago License #471008880 Listed on: 07/27/2024

Keller Williams ONEChicago

Last Buyer's Agent

Tony Zaskowski

Keller Williams ONEChicago License #471008880 Listed on: 07/27/2024

Keller Williams ONEChicago

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,305

Additional Features

  • Lot Dimensions are 103 x 124 x 102 x 108
  • Electricity Available at Street
  • Gas Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$3,305

Lot Details

0

Listing Details

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

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 103
  • Frontage Type: City Street
  • List Price: 289900
  • Waterfront: No

Utilities

  • Utilities: Electric Nearby, Gas Nearby

Schools

  • Middle/Junior School District: 95

Lot Info

  • Lot Dimensions: 103 X 124 X 102 X 108
  • 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: 3305
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2024
Closed on
Nov 4, 2024
Sold by
Kolasa Real Estate Investment Inc
Bought by
Trust Number 9002347108 and Chicago Title Land Trust
Seller's Agent
Tony Zaskowski
Keller Williams ONEChicago
Buyer's Agent
Tony Zaskowski
Keller Williams ONEChicago
List Price
$319,900
Sold Price
$261,000
Premium/Discount to List
-$58,900
-18.41%
Views
35
Current Estimated Value
$266,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,701
Avg. Annual Appreciation
1.91%

Purchase Details

Closed on
Apr 20, 2020
Sold by
Vazzano Joseph and Vazzano Carol
Bought by
Kolasa Real Estate Investment Inc
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $261,000 Chicago Title
Warranty Deed $261,000 Chicago Title
Warranty Deed $120,000 Baird & Warner Ttl Svcs Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2024 11/06/24 Sold $261,000 -10.0% --
09/25/2024 09/25/24 Pending -- -- --
09/05/2024 09/05/24 Price Changed $289,900 -3.3% --
07/28/2024 07/28/24 Price Changed $299,900 -6.3% --
07/27/2024 07/27/24 For Sale $319,900 -- --
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 $3,365 $45,497 $45,497 --
2023 $3,305 $42,778 $42,778 --
2022 $3,305 $41,952 $41,952 $0
2021 $4,432 $56,716 $40,877 $15,839
2020 $4,352 $56,716 $40,877 $15,839
2019 $4,285 $56,221 $40,520 $15,701
2018 $4,214 $55,427 $39,959 $15,468
2017 $4,187 $54,759 $39,477 $15,282
2016 $4,111 $53,025 $38,227 $14,798
2015 $4,063 $50,505 $36,410 $14,095
2014 $3,930 $48,309 $36,997 $11,312
2012 $3,733 $48,411 $37,075 $11,336
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12122857

Midwest Real Estate Data (MRED)

APN: 14-18-400-014