NOT LISTED FOR SALE

2805 Telegraph Rd Bannockburn, IL 60015

Estimated Value: $938,000 - $2,599,000

15.28 Acres
$101,612 Price per Acre
665,597 Sq Ft Lot

Last Sold October 16, 2020

Last sale price $1,600,000 $323 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $9,917/month

197 Days on Market

About This Lot

As of October 2020

PRICE REDUCED FROM $2,950,000 TO NOW $1,995,000 FOR QUICK SALE! One of a kind opportunity to buy one of the nicest parcels of land in the north shore. This property could be used for a custom estate home or has endless possibilities for development in the Village of Bannockburn. The best of both worlds offers an incredibly convenient location yet once on the grounds the property offers privacy and seclusion. There are two PIN's which total over 21 acres of property. Single family home that is on the 5 acre parcel is being sold in "as is" condition and is expected to be removed by the future purchaser.

Last Agent to Sell the Property

Jeffrey Ohm

Premier Realty Group, Inc. License #471011309 Listed on: 11/18/2019

Last Buyer's Agent

Honore Frumentino

@properties Christie's International Real Estate License #475141215

@properties Christie's International Real Estate

Property Details

Property Type

  • Land

Property Details

Property Type

Land

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential-Single Family
  • Utilities To Site: Electric to Site, Gas to Site
  • Zoning Type: SINGL
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Road Surface: Asphalt

Exterior Features

  • Lot Size: 10.0-24.99 Acres
  • Acreage: 15.28
  • Frontage Access: City Street
  • Front Footage: 1385

Schools

  • Junior High Dist: 106

Lot Info

  • Lot Dimensions: 1385X932X1279X427
  • Parcel Identification Number: 16184000400000

Building Info

  • Buildings On Land: Yes

Tax Info

  • Taxes: 27451.74

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2019
Closed on
Oct 12, 2020
Sold by
Gianaras Alexander A and Stark Katherine A
Bought by
Bannockburn Investment Group Inc
Seller's Agent
Jeffrey Ohm
Premier Realty Group, Inc.
Buyer's Agent
Honore Frumentino
@properties Christie's International Real Estate
List Price
$1,995,000
Sold Price
$1,600,000
Premium/Discount to List
-$395,000
-19.8%
Current Estimated Value
$1,552,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$47,371
Avg. Annual Appreciation
-0.55%
Original Mortgage
$2,176,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 2002
Sold by
North Star Trust Co
Bought by
Department Of Transportation

Purchase Details

Closed on
Oct 12, 2001
Sold by
North Star Trust Company
Bought by
Gianaras Viena P and Viena P Gianaras Declaration Of Trust
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
Bannockburn Investment Group Inc $1,600,000 Attorney
Department Of Transportation -- --
Gianaras Viena P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bannockburn Investment Group Inc $2,176,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2020 10/16/20 Sold $1,600,000 -19.8% $323 / Sq Ft
06/02/2020 06/02/20 Pending -- -- --
11/18/2019 11/18/19 For Sale $1,995,000 -- $403 / Sq Ft
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 $20,131 $6,705 $6,705 --
2023 $21,843 $277,181 $228,485 $48,696
2022 $21,843 $298,425 $246,003 $52,422
2021 $27,959 $388,806 $237,180 $151,626
2020 $26,810 $389,624 $237,679 $151,945
2019 $25,753 $388,963 $237,276 $151,687
2018 $29,978 $430,909 $251,494 $179,415
2017 $29,963 $429,535 $250,692 $178,843
2016 $29,737 $473,120 $241,212 $231,908
2015 $33,206 $444,536 $226,639 $217,897
2014 $28,860 $425,294 $228,261 $197,033
2012 $31,946 $421,542 $226,247 $195,295
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10576524

Midwest Real Estate Data (MRED)

APN: 16-18-400-041

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