NOT LISTED FOR SALE

30W711 Irving Park Rd Elgin, IL 60120

Estimated Value: $317,000 - $742,000

12.38 Acres
$45,722 Price per Acre
539,273 Sq Ft Lot

Last Sold September 30, 2022

Last sale price $500,000

Est. 13% increase in value since last sale

Current estimated payment $4,182/month

49 Days on Market

Highlights

  • Waterfront
  • 12.38 Acre Lot
  • Farm

About This Lot

As of September 2022

LAND FOR SALE! TAKE ADVANTAGE OF THIS ELGIN LOCATION. THIS PARCEL OFFERS A PREMIER LOCATION FOR RESIDENTIAL DEVELOPMENT. EQUESTRIAN USE IS ALLOWED. 12.38 ACRES WITH A GORGEOUS 2 ACRE POND. LOT SIZE IS 539,272.8 SQUARE FEET. LOT DIMENSIONS ARE 604X716X265X286X130X968 R-2 ZONING. THE PROPERTY IS LOCATED AT THE INTERSECTION OF IRVING AND SHERWOOD. 12,300 (VPD) VEHICLES PASS THIS LOCATION A DAY ON IRVING PARK ROAD. THIS PREMIER PROPERTY HAS TREMENDOUS POTENTIAL! CONVIENTLY LOCATED W/IN MINUTES TO RT 59 @ I90. EXCELLENT CORNER!

Last Agent to Sell the Property

Colleen Stein

@properties Christie's International Real Estate License #475127940 Listed on: 07/07/2022

@properties Christie's International Real Estate

Co-Listed By

Mike Levin

@properties Commercial License #475123263

Last Buyer's Agent

Nancy Edwards

Elm Street, REALTORS License #471001383

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $23,209

Lot Details

  • 12.38 Acre Lot
  • Lot Dimensions are 604x716x265x286x130x968
  • Waterfront
  • Property is zoned SINGL

Utilities

  • Gas Available
  • Private Company Owned Well
  • Private or Community Septic Tank

Additional Features

  • Electricity Available at Street
  • Farm

Property Details

Property Type

Land

Est. Annual Taxes

$23,209

Lot Details

0

Listing Details

  • Property Type: Farm
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Single Family
  • Road Surface Type: Concrete
  • General Information: None
  • ResoPropertyType: Farm
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Zoning Change Required
  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: Public Road
  • Waterfront: Yes
  • Rail Availability: None

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: Electric Nearby, Gas to Site, Sanitary Sewer, Septic-Private, Water-Municipal, Well Private

Lot Info

  • Lot Size Acres: 12.38
  • Lot Dimensions: 604X716X265X286X130X968
  • Zoning: SINGL
  • Lot Size: 10.0-24.99 Acres
  • Special Assessments: N
  • Land Amenities: Horse Riding Trails,Pond/Lake
  • Land Description: Horses Allowed,Landscaped Professionally,Wooded

Rental Info

  • Board Number: 2
  • Rental Price: 0

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 23209
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2023
Sold by
Kehl Keith A
Bought by
Melissa A Kehl Revocable Trust and Kehl
Current Estimated Value
$566,042

Purchase Details

Listed on
Jul 7, 2022
Closed on
Sep 28, 2022
Sold by
Bon Gul Koo Trust and Choon Gu Koo Trust
Bought by
Kehl Keith and Kehl Melissa
Seller's Agent
Colleen Stein
@properties Christie's International Real Estate
Buyer's Agent
Nancy Edwards
Elm Street, REALTORS
List Price
$595,000
Sold Price
$500,000
Premium/Discount to List
-$95,000
-15.97%
Views
37

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.11%

Purchase Details

Closed on
Jan 26, 2009
Sold by
Koo Choon G and Koo Bon G
Bought by
Gu Koo Bon Gul and Gu Koo Choon

Purchase Details

Closed on
Jul 29, 2003
Sold by
Iglesia Bautista Betel Inc
Bought by
Pulte Home Corp

Purchase Details

Closed on
Aug 17, 1998
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Gu Koo Bon Gul and Gu Koo Choon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8.5%
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
Melissa A Kehl Revocable Trust -- None Listed On Document
Kehl Keith $550,000 None Listed On Document
Gu Koo Bon Gul -- None Available
Pulte Home Corp -- Cti
Gu Koo Bon Gul -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gu Koo Bon Gul $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2022 09/30/22 Sold $500,000 -16.0% --
08/26/2022 08/26/22 Pending -- -- --
07/30/2022 07/30/22 Price Changed $595,000 -8.3% --
07/07/2022 07/07/22 Price Changed $649,000 +9.1% --
07/07/2022 07/07/22 For Sale $595,000 -- --
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 $14,628 $51,754 $42,500 $9,254
2023 $21,544 $55,938 $42,500 $13,438
2022 $21,544 $85,000 $42,500 $42,500
2021 $24,509 $79,586 $67,409 $12,177
2020 $23,210 $76,559 $67,409 $9,150
2019 $19,416 $71,983 $67,409 $4,574
2018 $16,993 $57,509 $53,927 $3,582
2017 $24,934 $89,747 $53,927 $35,820
2016 $15,478 $57,509 $53,927 $3,582
2015 $12,978 $43,917 $40,445 $3,472
2014 $12,791 $43,917 $40,445 $3,472
2013 $20,509 $75,174 $40,445 $34,729
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11457617

Midwest Real Estate Data (MRED)

APN: 06-21-102-008-0000