$465,000
SOLD AUG 19, 2021

2833 N 4201st Rd Sheridan, IL 60551

26 Acres
$17,567 Price per Acre
1,153,033 Sq Ft Lot

Recently Sold

$43 Per Sq Ft

48% Below List Price

488 Days on Market

Highlights

  • Waterfront
  • 26.47 Acre Lot
  • Forced Air Zoned Cooling and Heating System

About This Lot

As of August 2021

Bank orders sale. A distinctive 26.47 acre wooded site with lush nature trails and Fox River frontage is available for sale. This former church retreat is improved with a 4 bedroom, 4 and 2 half bath log and cedar primary house with 3 guest houses on scenic sprawling lots. Surrounded by trees, this property is reminiscent of a gorgeous retreat, complete with pool and cabana, a gazebo overlooking a private pond and a fenced-in vegetable and flower garden. This property is great for a user or investor.

Last Agent to Sell the Property

Susan Silver

Millennium Properties RE, Inc. License #475136992 Listed on: 02/28/2020

Co-Listed By

Daniel Hyman

Millennium Properties RE, Inc. License #471013658

Last Buyer's Agent

Susan Silver

Millennium Properties RE, Inc. License #475136992 Listed on: 02/28/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $23,895

Lot Details

  • 26.47 Acre Lot
  • Lot Dimensions are 1230x1062x1318x927
  • Waterfront

Parking

  • Driveway

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • Electricity To Lot Line
  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$23,895

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Single Family
  • Road Surface Type: Asphalt
  • General Information: School Bus Service
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 1300
  • Frontage Type: Frontage Road
  • List Price: 895000
  • Waterfront: Yes

Garage/Parking

  • Driveway: Asphalt

Utilities

  • Cooling: Central Air, Zoned
  • Heating: Natural Gas, Forced Air
  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Water to Site

Schools

  • Middle/Junior School District: 2

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 26.47
  • Lot Dimensions: 1230X1062X1318X927
  • Lot Size: 25.0-99.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 8

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 23895
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2022
Sold by
Pb & J Viii Llc
Bought by
Hash Resort Llc
Total Days on Market
488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$385,186
Interest Rate
5.78%
Mortgage Type
Commercial
Estimated Equity
$813,696

Purchase Details

Closed on
May 9, 2019
Sold by
Lasalle County Sheriff
Bought by
Viii Pb and Viii J
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
Special Warranty Deed $465,000 None Available
Sheriffs Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 Commercial
Previous Owner $30,000 New Conventional
Previous Owner $1,050,000 Unknown
Previous Owner $658,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2024 07/15/24 For Sale $1,190,000 +155.9% $109 / Sq Ft
08/19/2021 08/19/21 Sold $465,000 -48.0% $43 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
02/28/2020 02/28/20 For Sale $895,000 -- $82 / Sq Ft
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 $28,258 $431,832 $83,548 $348,284
2023 $30,261 $405,705 $78,493 $327,212
2022 $25,574 $368,120 $71,221 $296,899
2021 $24,418 $344,876 $66,724 $278,152
2020 $25,081 $361,945 $30,261 $331,684
2019 $23,895 $347,759 $29,016 $318,743
2018 $22,947 $329,670 $27,458 $302,212
2017 $20,806 $299,358 $25,724 $273,634
2016 $20,825 $299,744 $25,699 $274,045
2015 $23,325 $320,757 $37,770 $282,987
2012 -- $327,504 $38,696 $288,808
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10650326

Midwest Real Estate Data (MRED)

APN: 10-38-313000