Seller's Agent in 2022
Paresh Shah
Provident Realty, Inc.
(847) 363-8854
2 in this area
122 Total Sales
31W093 Il Route 58 Elgin, IL 60120
West Hoffman Estates NeighborhoodEstimated Value: $312,000 - $474,000
12.29
Acres
$31,144
Price per Acre
535,352
Sq Ft Lot
About This Lot
As of August 2022Prime location! Close to Route 59 & I90. Can be developed into single-family or multi-family housing, or used for religious, recreational or educational use. Approximately 12.30 acres land. Property is in unincorporated Cook County, Hanover Township. Potential annexation with Hoffman Estates. All buildings & improvements on property are being sold "AS IS". Utilities across the street.
Last Agent to Sell the Property
Provident Realty, Inc. License #471000270 Listed on: 04/13/2022
Property Details
Property Type
- Land
Est. Annual Taxes
- $17,403
Lot Details
- 12.29 Acre Lot
- Property fronts a state road
- Dirt Road
- Corner Lot
- Additional Parcels
- Property is zoned AGRIC
Utilities
- Gas Available at Street
Community Details
Amenities
- No Laundry Facilities
Recreation
- Electricity Available at Street
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 13, 2022
Closed on
Aug 4, 2022
Sold by
Rayaru Partners Llc
Bought by
Shree Swaminarayan International Sanskerdham
Seller's Agent
Paresh Shah
Provident Realty, Inc.
Buyer's Agent
Magdalena Malyszko
HomeSmart Connect LLC
List Price
$995,000
Sold Price
$680,000
Premium/Discount to List
-$315,000
-31.66%
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
-$297,242
Avg. Annual Appreciation
-16.30%
Purchase Details
Listed on
Dec 11, 2017
Closed on
Oct 2, 2019
Sold by
Schaar Katherine K
Bought by
Rayaru Partners Llc
Seller's Agent
Lisa Callahan
Catapult Real Estate Solutions, LLC
Buyer's Agent
TR Viswanathan
American Star Realty
List Price
$675,000
Sold Price
$540,000
Premium/Discount to List
-$135,000
-20%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.49%
Purchase Details
Closed on
Oct 17, 2001
Sold by
Schaar Robert E and Wolfe Beverly Lynn
Bought by
Schaar Robert E and Robert E Schaar Revocable Trust
Purchase Details
Closed on
Jul 11, 2000
Sold by
Banco Popular North America
Bought by
Schaar Robert E and The Robert E Schaar Revocable Trust
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 |
|---|---|---|---|
| Shree Swaminarayan International Sanskerdham | $680,000 | None Listed On Document | |
| Rayaru Partners Llc | $540,000 | Chicago Title | |
| Schaar Robert E | -- | -- | |
| Schaar Robert E | -- | -- | |
| Schaar Syliva | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/05/2022 08/05/22 | Sold | $680,000 | -31.7% | -- | |
| 05/20/2022 05/20/22 | Pending | -- | -- | -- | |
| 04/13/2022 04/13/22 | For Sale | $995,000 | +84.3% | -- | |
| 10/07/2019 10/07/19 | Sold | $540,000 | -20.0% | -- | View Prior Sale |
| 08/16/2019 08/16/19 | For Sale | $675,000 | 0.0% | -- | |
| 08/02/2019 08/02/19 | Pending | -- | -- | -- | |
| 05/23/2019 05/23/19 | Price Changed | $675,000 | -22.9% | -- | |
| 02/25/2019 02/25/19 | Price Changed | $875,000 | -7.9% | -- | |
| 10/26/2018 10/26/18 | For Sale | $950,000 | 0.0% | -- | |
| 07/31/2018 07/31/18 | Pending | -- | -- | -- | |
| 05/15/2018 05/15/18 | Price Changed | $950,000 | -20.8% | -- | |
| 12/11/2017 12/11/17 | For Sale | $1,200,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2024 | $10,604 | $39,000 | $12,500 | $26,500 |
| 2023 | $10,311 | $39,000 | $12,500 | $26,500 |
| 2022 | $10,311 | $39,000 | $12,500 | $26,500 |
| 2021 | $17,249 | $54,000 | $37,929 | $16,071 |
| 2020 | $13,431 | $42,592 | $37,929 | $4,663 |
| 2019 | $22,808 | $84,574 | $37,929 | $46,645 |
| 2018 | $10,416 | $34,615 | $25,286 | $9,329 |
| 2017 | $10,202 | $34,615 | $25,286 | $9,329 |
| 2016 | $9,610 | $34,615 | $25,286 | $9,329 |
| 2015 | $14,884 | $50,844 | $12,643 | $38,201 |
| 2014 | $14,709 | $50,844 | $12,643 | $38,201 |
| 2013 | -- | $50,844 | $12,643 | $38,201 |
Source: Public Records
Agents Affiliated with this Home
-
Paresh Shah
-
Shreesha Jayaseetharam
S
Seller Co-Listing Agent in 2022
Shreesha Jayaseetharam
Provident Realty, Inc.
(847) 530-6575
1 in this area
7 Total Sales
-
Magdalena Malyszko
Buyer's Agent in 2022
Magdalena Malyszko
The McDonald Group
(847) 212-6892
1 in this area
107 Total Sales
-
Lisa Callahan
Seller's Agent in 2019
Lisa Callahan
Catapult Real Estate Solutions, LLC
(312) 320-6685
47 Total Sales
-
TR Viswanathan
Buyer's Agent in 2019
TR Viswanathan
American Star Realty
(847) 804-8610
4 in this area
27 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11374502
APN: 06-17-200-039-0000
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