NOT LISTED FOR SALE

Estimated Value: $212,129 - $496,000

1.97 Acres
$163,468 Price per Acre
85,813 Sq Ft Lot

Last Sold June 23, 2022

Last sale price $150,000

Est. 115% increase in value since last sale

Current estimated payment $2,148/month

103 Days on Market

About This Lot

As of June 2022

Fantastic opportunity to grow your business in West Chicago with great visibility on Rt 38. 1.97 acres of commercial land zoned B2.

Last Agent to Sell the Property

Christine Coleman

Coleman Land Company License #475155286 Listed on: 12/27/2021

Last Buyer's Agent

Michael Palermo

Century 21 Circle License #475159642

Century 21 Circle

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,700

Lot Details

  • 1.97 Acre Lot
  • Lot Dimensions are 192x440
  • Property fronts a state road
  • Property is zoned COMMR

Schools

  • Community High School

Additional Features

  • Electricity Available at Street
  • Gas Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$4,700

Lot Details

1.97 Acres

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Road Surface Type: Asphalt
  • General Information: None
  • Actual Status: Closed
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: State Road
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: Electric Nearby, Gas Nearby

Schools

  • High School: Community High School

Lot Info

  • Lot Size Acres: 1.97
  • Lot Dimensions: 192X440
  • Zoning: COMMR
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 4700.04
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2021
Closed on
Jun 13, 2022
Sold by
Rosemary Farrell
Bought by
Schlick Land Trust
Seller's Agent
Christine Coleman
Coleman Land Company
Buyer's Agent
Michael Palermo
Century 21 Circle
List Price
$179,000
Sold Price
$150,000
Premium/Discount to List
-$29,000
-16.2%
Current Estimated Value
$322,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,032
Avg. Annual Appreciation
22.53%

Purchase Details

Listed on
Dec 27, 2021
Closed on
May 26, 2022
Sold by
Schlick Land Trust
Bought by
Performance Builders Inc
Seller's Agent
Christine Coleman
Coleman Land Company
Buyer's Agent
Michael Palermo
Century 21 Circle
List Price
$179,000
Sold Price
$150,000
Premium/Discount to List
-$29,000
-16.2%

Purchase Details

Closed on
Jan 10, 2005
Sold by
Schlick Ralph W and Schlick Patricia M
Bought by
Schlick Ralph W and Schlick Patricia M

Purchase Details

Closed on
Nov 13, 1996
Sold by
Farrell Mary I
Bought by
Schlick Patricia and Farrell Francis Thomas

Purchase Details

Closed on
Nov 15, 1995
Sold by
Farrell Mary I
Bought by
Schlick Patrick and Farrell Francis Thomas
Source: Public Records
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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
Schlick Land Trust -- Chicago Title
Performance Builders Inc $150,000 Law Office Of Kelley V Flinn
Schlick Ralph W -- --
Schlick Patricia -- --
Schlick Patrick -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2022 06/23/22 Sold $150,000 -16.2% --
04/10/2022 04/10/22 Pending -- -- --
12/27/2021 12/27/21 For Sale $179,000 -- --
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 $5,449 $61,303 $61,303 --
2023 $5,193 $55,990 $55,990 --
2022 $4,953 $52,330 $52,330 $0
2021 $4,784 $50,160 $50,160 $0
2020 $4,700 $48,640 $48,640 $0
2019 $4,582 $46,320 $46,320 $0
2018 $4,682 $46,330 $46,330 $0
2017 $4,588 $44,020 $44,020 $0
2016 $4,484 $41,040 $41,040 $0
2015 $4,421 $37,990 $37,990 $0
2014 $4,454 $37,980 $37,980 $0
2013 $4,496 $39,370 $39,370 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11294235

Midwest Real Estate Data (MRED)

APN: 04-16-200-017

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