NOT LISTED FOR SALE

29860 S 120th Ave Peotone, IL 60468

Estimated Value: $531,000 - $539,516

17.05 Acres
$31,393 Price per Acre
742,698 Sq Ft Lot

Last Sold December 03, 2021

Last sale price $438,000

Est. 22% increase in value since last sale

Current estimated payment $3,143/month

10 Days on Market

About This Lot

As of December 2021

Don't miss your opportunity to own this unique property in Peotone perfect to run your business or build dream home. Currently home to a local tree service company. Just over 17 acres with two pole barns. The first pole barn is 55x75, concrete floors, 24'x15' overhead door, fully insulated, and heated. Small office with a bathroom. Cat walk that runs the entire length of the building for additional storage. Radiant propane heat and wood burner. The second pole barn is 55x95, 24'x15' sliding door along with a 15'x15' sliding door and gravel floors. Property has its own well and private septic. Easy to show!!!

Last Agent to Sell the Property

Dustin Kooy

Village Realty Inc License #475191164 Listed on: 09/14/2021

Village Realty Inc

Last Buyer's Agent

Joseph Nelson

CRIS Realty License #475193236

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,674

Lot Details

Farming

  • Farm

Property Details

Property Type

Land

Est. Annual Taxes

$3,674

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Farm
  • General Information: None
  • Directions: 52 to 120th s ave, s on 120th s ave
  • Road Frontage Type: County Road
  • Lot Size: 563X1318
  • Ownership: Fee Simple
  • Road Surface Type: Gravel
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Heating: Propane
  • Utilities: Electric to Site, Septic-Private, Well Private

Schools

  • Junior High Dist: 207U

Lot Info

  • Lot Size: 10.0-24.99 Acres
  • Special Assessments: N
  • Additional Parcels: No
  • Current Use: Agricultural
  • Zoning: AGRIC

Rental Info

  • Board Number: 21

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Exemptions: None
  • Tax Annual Amount: 3551.28
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2021
Closed on
Dec 1, 2021
Sold by
A & R Three Service Llc
Bought by
Grantee T & J Manhattan Investments Llc
Seller's Agent
Dustin Kooy
Village Realty Inc
Buyer's Agent
Joseph Nelson
CRIS Realty
List Price
$499,999
Sold Price
$438,000
Premium/Discount to List
-$61,999
-12.4%
Current Estimated Value
$535,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,258
Avg. Annual Appreciation
5.38%
Original Mortgage
$322,500
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 30, 2020
Sold by
Pate Kenneth E and Cassar Frank J
Bought by
A & R Tree Service Llc

Purchase Details

Closed on
Jan 7, 2019
Sold by
Hancock Darwin L
Bought by
Pate Kenneth E and Cassar Frank J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 2, 1998
Sold by
First National Bank Of Evergreen Park
Bought by
Hancock Darwin L and Hancock Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
7.25%
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 Buyer Sale Price Title Company
Grantee T & J Manhattan Investments Llc $438,000 Chicago Title
A & R Tree Service Llc -- Chaplinski Claire
Pate Kenneth E $250,000 Homestar Title Co
Hancock Darwin L $117,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grantee T & J Manhattan Investments Llc $322,500
Previous Owner Pate Kenneth E $500,000
Previous Owner Hancock Darwin L $87,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2021 12/03/21 Sold $438,000 -12.4% --
09/25/2021 09/25/21 Pending -- -- --
09/14/2021 09/14/21 For Sale $499,999 -- --
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 $3,674 $62,112 $25,849 $36,263
2023 $3,674 $59,779 $23,925 $35,854
2022 $3,524 $57,636 $22,159 $35,477
2021 $3,558 $56,030 $20,813 $35,217
2020 $3,160 $54,474 $19,516 $34,958
2019 $3,289 $53,856 $18,940 $34,916
2018 $3,413 $52,149 $17,550 $34,599
2017 $3,326 $50,457 $16,180 $34,277
2016 $3,287 $49,464 $15,347 $34,117
2015 $3,218 $48,330 $14,415 $33,915
2014 $3,218 $47,753 $13,927 $33,826
2013 $3,218 $47,497 $13,671 $33,826
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11218244

Midwest Real Estate Data (MRED)

APN: 13-19-13-200-009