NOT LISTED FOR SALE

Estimated Value: $749,382

0.25 Acre
$2,997,528 Price per Acre
10,890 Sq Ft Lot

Last Sold October 07, 2023

Last sale price $721,000

Est. 4% increase in value since last sale

Current estimated payment $4,691/month

349 Days on Market

About This Lot

As of October 2023

3119-3125 W. Irving Park Rd. offers a great opportunity for a prime development site. Located on the Northwest side of Chicago, this intersection of Irving Park Rd is extremely well-traveled. The immediate area has a great deal of retail and restaurants, including national brands such as Walgreens, Chase Bank, McDonald's, Target and Dunkin'. In its current configuration the interior is set up as four separate units of approximately 1,400 SF per unit each with full basements. It can be extensively renovated or you can develop an entirely new corner. In addition, there is a large income generating billboard that is part of the property and can add tremendously to its value. Parking lot fits 12+ cars.

Last Agent to Sell the Property

Vicki Vranas

Berkshire Hathaway HomeServices Chicago License #471006522 Listed on: 10/14/2022

Berkshire Hathaway HomeServices Chicago

Co-Listed By

George Michael

Berkshire Hathaway HomeServices Chicago License #475187872

Last Buyer's Agent

Christopher Wood

Periscope Realty LLC License #471021458

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $16,252

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 85 x 130
  • Corner Lot

Parking

  • Driveway

Utilities

  • Electricity To Lot Line
  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$16,252

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Commercial
  • Road Surface Type: Asphalt
  • General Information: None
  • ResoPropertyType: Land
  • AttributionContact: (847) 727-3855
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial, Condominium, Office and Research, Retail, Zoning Change Required
  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0
  • Driveway: Concrete

Utilities

  • Utilities: Electric to Site, Gas to Site, Water to Site

Lot Info

  • Lot Size Acres: 0.25
  • Lot Dimensions: 85 X 130
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Land Amenities: Sidewalks

Rental Info

  • Board Number: 8
  • Rental Price: 18
  • Rental Unit: Square Feet (Annual)

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 16252.45
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2025
Sold by
Roothaus Llc
Bought by
Asrin Mehdi Llc
Current Estimated Value
$749,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$514,500
Outstanding Balance
$347,256
Interest Rate
7.5%
Mortgage Type
Construction
Estimated Equity
$402,126

Purchase Details

Listed on
Oct 14, 2022
Closed on
Oct 6, 2023
Sold by
Haralampopoulos & Haralampopoulos Llc
Bought by
Roothaus Llc
Seller's Agent
Vicki Vranas
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Christopher Wood
Periscope Realty LLC
List Price
$849,000
Sold Price
$721,000
Premium/Discount to List
-$128,000
-15.08%
Views
31

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.86%
Original Mortgage
$612,850
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2011
Sold by
Revoca Halamaou Argyrios Haralampopoulos
Bought by
Haralampopoulos & Haralampopoulos Llc
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
Asrin Mehdi Llc $735,000 Proper Title
Roothaus Llc $721,000 Greater Illinois Title
Haralampopoulos & Haralampopoulos Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asrin Mehdi Llc $514,500
Previous Owner Roothaus Llc $612,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2023 10/07/23 Sold $721,000 -9.3% --
09/29/2023 09/29/23 Pending -- -- --
11/11/2022 11/11/22 Price Changed $795,000 -6.4% --
10/14/2022 10/14/22 For Sale $849,000 -- --
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 $28,591 $131,500 $93,100 $38,400
2023 $27,852 $128,456 $47,880 $80,576
2022 $27,852 $128,456 $47,880 $80,576
2021 $15,453 $72,997 $47,880 $25,117
2020 $16,252 $69,230 $47,880 $21,350
2019 $14,646 $69,124 $47,880 $21,244
2018 $12,906 $61,956 $47,880 $14,076
2017 $12,334 $54,292 $41,895 $12,397
2016 $12,166 $57,407 $41,895 $15,512
2015 $11,148 $57,407 $41,895 $15,512
2014 $14,819 $74,947 $41,895 $33,052
2013 $14,529 $74,947 $41,895 $33,052
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11653118

Midwest Real Estate Data (MRED)

APN: 13-24-101-001-0000