NOT LISTED FOR SALE

324 Oak Brook Rd Oak Brook, IL 60523

Estimated Value: $671,000 - $775,000

1.34 Acres
$534,367 Price per Acre
58,370 Sq Ft Lot

Last Sold August 04, 2023

Last sale price $650,000

Est. 10% increase in value since last sale

Current estimated payment $4,350/month

5 Days on Market

Highlights

  • 1.34 Acre Lot
  • Brook Forest Elementary School Rated A
  • Forced Air Heating and Cooling System

About This Lot

As of August 2023

RARE OPPORTUNITY TO BUILD YOUR DREAM HOME IN PRESTIGIOUS OAKBROOK. THIS GATED LOT IS SITUATED ON APPROX 1.3 ACRES. SINGLE FAMILY HOME HAS BEEN REMOVED. GUEST HOUSE IS GUTTED FOR RENOVATION OR TEAR DOWN. IN GROUND POOL ON SITE. GUEST HOUSE & POOL "AS-IS". SELLER HAS ARCHITECTURAL BLUEPRINTS FOR A NEW CONTEMPORARY HOME IF INTERESTED. GREAT LOCATION CLOSE TO EXPRESSWAY & SHOPPING.

Last Agent to Sell the Property

Grace Sergio

@properties Christie's International Real Estate License #475128415 Listed on: 06/14/2023

@properties Christie's International Real Estate

Co-Listed By

Phyllis Bisceglie

@properties Christie's International Real Estate License #475149050

Last Buyer's Agent

Dawn McKenna

Coldwell Banker Realty License #475122904

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,967

Lot Details

  • 1.34 Acre Lot
  • Lot Dimensions are 156x339x72x32x92x372
  • Property is zoned SINGL

Parking

  • Driveway

Schools

  • Brook Forest Elementary School
  • Butler Junior High School
  • Hinsdale Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electricity To Lot Line
  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$5,967

Lot Details

1.34 Acres

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Single Family
  • Road Surface Type: Asphalt
  • General Information: School Bus Service
  • Actual Status: Closed
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0
  • Driveway: Asphalt

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Utilities: Electric to Site, Gas to Site, Water-Municipal, Water to Site

Schools

  • Elementary School: Brook Forest Elementary School
  • High School: Hinsdale Central High School
  • Middle/Junior School: Butler Junior High School

Lot Info

  • Lot Size Acres: 1.34
  • Lot Dimensions: 156X339X72X32X92X372
  • Zoning: SINGL
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Rental Price: 0

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 5967
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2023
Closed on
Aug 1, 2023
Sold by
Morfin Cuahutemoc
Bought by
Moghadam Kiumars
Seller's Agent
Grace Sergio
@properties Christie's International Real Estate
Buyer's Agent
Dawn McKenna
Coldwell Banker Realty
List Price
$699,900
Sold Price
$650,000
Premium/Discount to List
-$49,900
-7.13%
Views
22
Current Estimated Value
$716,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,052
Avg. Annual Appreciation
3.76%
Original Mortgage
$100,000
Outstanding Balance
$98,731
Interest Rate
9.6%
Mortgage Type
Seller Take Back
Estimated Equity
$617,321

Purchase Details

Listed on
Mar 25, 2019
Closed on
Jul 19, 2019
Sold by
Bhorade Rajeev
Bought by
Morfin Cuahutemoc
Seller's Agent
Maureen Butler
Baird & Warner
Buyer's Agent
Armando Vargas
Berkshire Hathaway HomeServices Chicago
List Price
$599,000
Sold Price
$585,000
Premium/Discount to List
-$14,000
-2.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.64%
Original Mortgage
$438,750
Interest Rate
3.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 10, 2004
Sold by
Bridgford Baron and Bridgford Pamela
Bought by
Bhorade Rajeev

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Moghadam Kiumars $650,000 Old Republic Title
Morfin Cuahutemoc $585,000 Attorneys Ttl Guaranty Fund
Bhorade Rajeev $950,000 Git
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moghadam Kiumars $100,000
Open Moghadam Kiumars $150,000
Previous Owner Morfin Cuahutemoc $438,750
Previous Owner Bhorade Rajeev $760,000
Closed Bhorade Rajeev $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/04/2023 08/04/23 Sold $650,000 -7.1% --
06/20/2023 06/20/23 Pending -- -- --
06/14/2023 06/14/23 For Sale $699,900 +19.6% --
07/23/2019 07/23/19 Sold $585,000 -2.3% -- View Prior Sale
04/29/2019 04/29/19 Pending -- -- --
03/25/2019 03/25/19 For Sale $599,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $6,994 $187,612 $187,612 --
2023 $6,698 $173,490 $173,490 $0
2022 $6,243 $166,770 $166,770 $0
2021 $5,966 $162,620 $162,620 $0
2020 $5,825 $159,060 $159,060 $0
2019 $5,545 $151,230 $151,230 $0
2018 $9,027 $263,000 $143,160 $119,840
2017 $12,442 $366,050 $136,420 $229,630
2016 $12,126 $344,850 $128,520 $216,330
2015 $11,963 $321,270 $119,730 $201,540
2014 $10,841 $282,100 $122,490 $159,610
2013 $10,752 $286,080 $124,220 $161,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11808012

Midwest Real Estate Data (MRED)

APN: 06-25-408-022

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