NOT LISTED FOR SALE

Estimated Value: $3,798,505

5.03 Acres
$755,170 Price per Acre
219,107 Sq Ft Lot

Sale Details

Date Sold: January 29, 2021

Last sale price $2,600,000

Est. 46% increase in value since last sale

Current estimated payment $25,573 / mo

124 Days on Market

About This Lot

As of January 2021

Unique Opportunity- 23,181 SF Building On 5 Acres of Land For Sale / Lease. Perfect for big box retailers, indoor sports, bowling alley, fitness center, marketplace, movie theatre, Laser Tag, Arcade, Brewery, etc. 23,181 Sq Ft retail / warehouse building includes 5,000 Sq Ft of built out office space. 14 drive-in doors. Over 200 parking spaces. Security system for indoors / outdoors. Two miles from I-355. Surrounded by major national retailers including: Walgreens, CVS, Menards, Home Depot, Ford, Nissan, Dunkin Donuts, Q Doba, Wendy's, Denny's, McDonalds, Portillos, Culver's, TCF Bank, Chase Bank, Bank Of America, Discount Tire, Office Depot, USPS, and Mobile. High visibility location with over 75,000 VPD

Last Agent to Sell the Property

Andrea Miller

Miller Chicago LLC License #471016960 Listed on: 06/26/2020

Co-Listed By

Melinda Miscevich

Miller Chicago LLC License #475188774

Last Buyer's Agent

Andrea Miller

Miller Chicago LLC License #471016960 Listed on: 06/26/2020

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Property Details

Property Type

Land

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Commercial, Office and Research, Retail
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Size: 5.0-5.99 Acres

Schools

  • Junior High Dist: 88

Lot Info

  • Lot Dimensions: 219106.8 SF
  • Parcel Identification Number: 0503200023

Building Info

  • Buildings On Land: Yes

Tax Info

  • Taxes: 23000

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
Jun 26, 2020
Closed on
Jan 29, 2021
Sold by
Bought by
Seller's Agent
Andrea Miller
Miller Chicago LLC
Buyer's Agent
Andrea Miller
Miller Chicago LLC
List Price
$3,400,000
Sold Price
$2,600,000
Premium/Discount to List
-$800,000
-23.53%
Current Estimated Value
$3,798,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,198,505
Avg. Annual Appreciation
7.06%
Original Mortgage
$2,080,000
Outstanding Balance
$1,817,391
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,981,114

Purchase Details

Closed on
Aug 18, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,463,395
Interest Rate
2.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 26, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
4.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 2, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.25%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 20, 2003
Sold by
Bought by

Purchase Details

Closed on
Jul 20, 1999
Sold by
Bought by

Purchase Details

Closed on
Sep 15, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Glendale Heights, IL

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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
$2,600,000 Chicago Title
-- First American Title Ins Co
$2,300,000 Ctic
$1,425,000 Ctic
-- First American Title
$1,575,000 --
-- --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $2,080,000
Previous Owner $2,463,395
Previous Owner $2,400,000
Previous Owner $1,135,150
Previous Owner $1,135,150
Previous Owner $824,000
Previous Owner $800,000
Previous Owner $1,000,000
Previous Owner $1,350,000
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
01/29/2021 01/29/21 Sold $2,600,000 -23.5% --
10/28/2020 10/28/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $3,400,000 -- --
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 $56,348 $673,155 $489,021 $184,134
2023 $54,162 $619,620 $450,130 $169,490
2022 $49,282 $552,410 $490,910 $61,500
2021 $48,041 $539,300 $479,260 $60,040
2020 $47,319 $534,280 $474,800 $59,480
2019 $46,306 $520,180 $462,270 $57,910
2018 $42,391 $457,990 $401,610 $56,380
2017 $55,449 $576,180 $492,180 $84,000
2016 $65,033 $635,690 $584,150 $51,540
2015 $65,318 $606,460 $563,770 $42,690
2014 $77,026 $699,560 $615,890 $83,670
2013 $73,693 $701,660 $617,740 $83,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10761819

Midwest Real Estate Data (MRED)

APN: 05-03-200-023

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