Seller's Agent in 2024
Lisa Gagliano
Coldwell Banker Realty
(773) 818-1888
1 in this area
83 Total Sales
307 E State Rd Island Lake, IL 60042
Slocum Lake NeighborhoodEstimated Value: $107,000
0.65
Acre
$164,615
Price per Acre
28,314
Sq Ft Lot
About This Lot
As of February 2024Redevelopment site on hard corner in Island Lake. Could be a great property for redevelopment for StarBucks or a drive through location. Island Lake is very supportive of a redevelopment site. Located on heavily traveled 176 and Beech St with a stop light. 17,300 VPD. Good demographics! Village is very eager to see something new come to Island Lake. Bring your ideas! Building will need to be demoed and under ground tanks will need to be removed. This property can get assistance with a super fund for tank removal. Call LA for more details. Phase I and II have been completed on the property. BANK SAYS BRING AN OFFER!
Last Agent to Sell the Property
Coldwell Banker Realty License #475126007 Listed on: 05/16/2022
Last Buyer's Agent
Non Member
NON MEMBER
Property Details
Property Type
- Land
Lot Details
- 0.65 Acre Lot
- Lot Dimensions are 179x196x79x205
- Property fronts a state road
- Corner Lot
- Property is zoned COMMR
Parking
- Driveway
Home Design
- Mixed Use
Utilities
- Electricity To Lot Line
- Gas Available
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 16, 2022
Closed on
Feb 8, 2024
Sold by
Trust Number Rg1125
Bought by
Ghani Khurram
Seller's Agent
Lisa Gagliano
Coldwell Banker Realty
Buyer's Agent
Non Member
NON MEMBER
List Price
$499,000
Sold Price
$60,000
Premium/Discount to List
-$439,000
-87.98%
Views
102
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,000
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ghani Khurram | $60,000 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | North Star Trust Company | $220,000 | |
| Previous Owner | North Star Trust Company | $200,000 | |
| Previous Owner | North Star Trust Company | $140,000 | |
| Previous Owner | North Star Trust Company | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/16/2024 02/16/24 | Sold | $60,000 | -45.4% | -- |
| 12/11/2023 12/11/23 | Pending | -- | -- | -- |
| 03/21/2023 03/21/23 | Price Changed | $109,900 | -12.1% | -- |
| 02/10/2023 02/10/23 | Price Changed | $125,000 | -37.2% | -- |
| 01/16/2023 01/16/23 | Price Changed | $199,000 | -58.1% | -- |
| 10/10/2022 10/10/22 | Price Changed | $475,000 | -4.8% | -- |
| 05/16/2022 05/16/22 | For Sale | $499,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2022 | $8,825 | $91,088 | $64,148 | $26,940 |
| 2021 | $8,461 | $86,070 | $60,614 | $25,456 |
| 2020 | $7,931 | $82,034 | $57,772 | $24,262 |
| 2019 | $7,247 | $77,530 | $54,600 | $22,930 |
| 2018 | $8,068 | $78,481 | $55,269 | $23,212 |
| 2017 | $8,064 | $77,574 | $54,630 | $22,944 |
| 2016 | $7,703 | $73,460 | $51,733 | $21,727 |
| 2015 | $7,468 | $67,438 | $47,492 | $19,946 |
| 2014 | $6,574 | $57,969 | $39,339 | $18,630 |
| 2012 | $6,357 | $59,014 | $40,048 | $18,966 |
Source: Public Records
Agents Affiliated with this Home
-
-
N
Buyer's Agent in 2024
Non Member
NON MEMBER
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11405128
APN: 09-21-300-033
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