NOT LISTED FOR SALE
0.72 Acre
-- Price per Acre
31,363 Sq Ft Lot

Sale Details

Date Sold: November 7, 2024

Last sale price $1,400,000 $230 Per Sq Ft

392 Days on Market

About This Lot

As of November 2024

Developer's dream! TOD qualified - 4 contiguous lots available for development in prime Lincoln Square location! 12,500 sq ft with B1-2 zoning! 6 min walk to Rockwell Brown line, 10 minute walk to Western brown line and downtown Lincoln Square, 10 min bus ride to Ravenswood Metra stop, 5 min walk to North Branch River trail with biking/jogging for miles and parks, trees and playgrounds abound! Ability to build 12 units with current zoning or up-zone for ability to build 31 units or more depending on percentage of affordable units! Lots of precedence for up-zoning in the area. Alderman has had plenty of experience with developers! Taxes just got reduced by $5,000 / year via a successful appeal and locked in for 10 years! 2020 total taxes were $40,699.46 and newly appealed taxes are apprx $35,000. PIN numbers 13-13-200-012, 13-13-200-013 (double lot) & 13-13-200-014. Current use is a single story mini mall with two restaurants that is 50% occupied. Building expenses are only taxes and insurance. Tenants pay all building utilities including water.

Last Agent to Sell the Property

Nicole Hurt

@properties Christie's International Real Estate License #475164464 Listed on: 11/15/2022

@properties Christie's International Real Estate

Co-Listed By

Matt Scales

@properties Commercial License #475164713

Last Buyer's Agent

Leonor Diaz

RE/MAX Premier License #475147377

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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $30,273

Lot Details

  • Lot Dimensions are 100x125
  • Additional Parcels

Utilities

  • Heating System Uses Natural Gas
  • Electricity To Lot Line
  • Gas Available

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Tenant pays for air conditioning, common area maintenance, electricity, heat, janitorial service, scavenger, sewer

Property Details

Property Type

Land

Est. Annual Taxes

$30,273

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Commercial
  • Road Surface Type: Asphalt
  • General Information: None
  • Actual Status: Closed
  • ResoPropertyType: Land
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Description: None
  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • Waterfront: No

Utilities

  • Cooling: Other
  • Heating: Natural Gas
  • Laundry Features: None
  • Utilities: Electric to Site, Gas to Site, Water-Municipal

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 100X125
  • Zoning: OTHER
  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Land Description: Level

Rental Info

  • Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Scavenger, Sewer
  • Board Number: 8
  • Rental Price: 0

Building Info

  • Building(s) on Land: Yes

Multi Family

  • Existing Lease Type: Modified Gross

Tax Info

  • Tax Annual Amount: 30273.48
  • Tax Year: 2022

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
Nov 15, 2022
Closed on
Nov 7, 2024
Sold by
Anna M Lee Inc
Bought by
Seller's Agent
Nicole Hurt
@properties Christie's International Real Estate
Buyer's Agent
Leonor Diaz
RE/MAX Premier
List Price
$1,475,000
Sold Price
$1,400,000
Premium/Discount to List
-$75,000
-5.08%
Views
49

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Outstanding Balance
$1,028,549
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2016
Sold by
Chicago Title Land Trust Co
Bought by
Anna M Lee Inc
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$1,400,000 None Listed On Document
Anna M Lee Inc -- Chicago Title Land Trust Com
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 $1,050,000
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
11/07/2024 11/07/24 Sold $1,400,000 -5.1% $230 / Sq Ft
12/14/2023 12/14/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $1,475,000 +5.4% $242 / Sq Ft
05/31/2023 05/31/23 Off Market $1,400,000 -- --
02/03/2023 02/03/23 Price Changed $1,475,000 -12.6% $242 / Sq Ft
11/16/2022 11/16/22 For Sale $1,687,500 -- $277 / Sq Ft
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
2025 $8,420 $40,750 $27,344 $13,406
2024 $7,813 $40,750 $27,344 $13,406
2023 $7,568 $35,263 $14,063 $21,200
2022 $7,568 $35,264 $14,063 $21,201
2021 $7,971 $37,978 $14,062 $23,916
2020 $10,175 $43,750 $14,062 $29,688
2019 $7,880 $37,569 $14,062 $23,507
2018 $6,319 $30,686 $14,062 $16,624
2017 $7,744 $34,567 $12,304 $22,263
2016 $4,916 $23,548 $12,304 $11,244
2015 $3,399 $17,909 $12,304 $5,605
2014 $13,149 $68,367 $12,304 $56,063
2013 $12,889 $68,367 $12,304 $56,063
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11673882

Midwest Real Estate Data (MRED)

APN: 13-13-200-012-0000

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