NOT LISTED FOR SALE
18.9 Acres
-- Price per Acre
823,284 Sq Ft Lot

Last Sold October 22, 2020

Last sale price $2,200,000

64 Days on Market

About This Lot

As of October 2020

18.9 acres at the hard corner of 87th and Kedzie. This is the former Luther South campus which includes a 67,000 SF +- building on it. Building is in rough condition and very little value is attributed to it. Property consists of 3 parcels RS-3, RS-2 and B3-2. Excellent re-development opportunity.

Last Agent to Sell the Property

Matt Messier

Foundry Commercial LLC License #471018713 Listed on: 05/22/2020

Last Buyer's Agent

Exclusive Agency

NON MEMBER

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $52,869

Lot Details

Property Details

Property Type

Land

Est. Annual Taxes

$52,869

Lot Details

0

Listing Details

  • Property Type: Land
  • Special Service Area: T
  • Ownership: Fee Simple
  • Current Use: Special Use
  • Utilities To Site: Electric to Site, Water-Municipal
  • Special Features: 20
  • Property Sub Type: LotsLands

Interior Features

  • Road Surface: Asphalt, Concrete

Exterior Features

  • Lot Size: 10.0-24.99 Acres
  • Acreage: 18.9
  • Frontage Access: Public Road
  • Front Footage: 700

Schools

  • School District: 299
  • Elementary School: Carroll Elementary School
  • High School: Bogan High School
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 18.9 ACRES APPROXIMATLEY
  • Parcel Identification Number: 19363080080000

Building Info

  • Buildings On Land: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2020
Closed on
Oct 20, 2020
Sold by
Lutheran Church Extension Fund Mo Synod
Bought by
87Th & Kedzie Llc
Seller's Agent
Matt Messier
Foundry Commercial LLC
Buyer's Agent
Exclusive Agency
NON MEMBER
List Price
$2,900,000
Sold Price
$2,200,000
Premium/Discount to List
-$700,000
-24.14%

Purchase Details

Closed on
Mar 11, 2009
Sold by
North Star Trust Company
Bought by
Lutheran Church Extension Fund & Missouri
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
87Th & Kedzie Llc $2,200,000 Chicago Title
Lutheran Church Extension Fund & Missouri -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/22/2020 10/22/20 Sold $2,200,000 0.0% --
10/22/2020 10/22/20 Sold $2,200,000 -24.1% -- View Prior Sale
07/25/2020 07/25/20 Pending -- -- --
07/24/2020 07/24/20 Pending -- -- --
05/22/2020 05/22/20 Price Changed $2,900,000 0.0% --
05/22/2020 05/22/20 For Sale $2,900,000 -31.8% --
03/09/2020 03/09/20 Price Changed $4,250,000 -28.0% --
01/02/2020 01/02/20 For Sale $5,900,000 +168.2% --
12/31/2019 12/31/19 Off Market $2,200,000 -- --
10/10/2019 10/10/19 For Sale $5,900,000 0.0% --
07/02/2019 07/02/19 Pending -- -- --
11/01/2018 11/01/18 Price Changed $5,900,000 -5.6% --
04/25/2018 04/25/18 For Sale $6,250,000 -- --
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 $52,869 $197,420 $159,467 $37,953
2023 $43,733 $250,576 $212,623 $37,953
2022 $43,733 $212,623 $212,623 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 $0 $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10722513

Midwest Real Estate Data (MRED)

APN: 19-36-308-008-0000