NOT LISTED FOR SALE

Estimated Value: $663,000 - $1,008,707

0.84 Acre
$964,496 Price per Acre
36,590 Sq Ft Lot

Last Sold June 30, 2020

Last sale price $389,000 $171 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $5,789/month

262 Days on Market

About This Lot

As of June 2020

"As seen on TV"! This home is featured in the season premier episode of "The Carbonaro Effect". Rehab or build your dream home! Beautiful, south facing ravine on a .84 acre, just a short walk to Ravinia Festival Park (.2 mile), Business District, Metra and Rosewood Park Beach. (.8 mile). Only 2.5 miles to shops & restaurants in downtown Highland Park. Large flat tableland allows 9,293 sq ft home per City of Highland Park. Hookup to existing electric, water, sewer, & gas, Or the existing ranch home on the property could be completely renovated! (sold "as is") Full size topographical, boundary line survey are in attachments. Value is in the land! 2019 property taxes have been successfully appealed have have been reduced by 35%.

Last Agent to Sell the Property

David Korkoian

Redfin Corporation Listed on: 08/27/2019

Redfin Corporation

Last Buyer's Agent

Iris Perea

Baird & Warner License #471016462

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $21,371

Lot Details

  • 0.84

Schools

  • Braeside Elementary School
  • Edgewood Middle School
  • Highland Park High School

Additional Features

  • 0.84 Acre Lot
  • Laundry in unit
  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$21,371

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Single Family
  • Road Surface Type: Asphalt
  • General Information: None
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Description: None
  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 168
  • Frontage Type: City Street
  • List Price: 399900
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Laundry Features: In Unit
  • Utilities: Gas to Site

Schools

  • Elementary School: Braeside Elementary School
  • High School: Highland Park High School
  • Middle/Junior School: Edgewood Middle School
  • Middle/Junior School District: 112

Lot Info

  • Lot Size Acres: 0.84
  • Lot Dimensions: .84
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Rental Price: 0

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 21371.02
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2019
Closed on
Jun 25, 2020
Sold by
Weeks Robert W and Thompson Leigh L
Bought by
Perea Levi and Perea Iris
Seller's Agent
David Korkoian
Redfin Corporation
Buyer's Agent
Iris Perea
Baird & Warner
List Price
$524,900
Sold Price
$389,000
Premium/Discount to List
-$135,900
-25.89%
Current Estimated Value
$810,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$421,177
Avg. Annual Appreciation
15.22%
Original Mortgage
$311,200
Outstanding Balance
$276,566
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$533,611

Purchase Details

Listed on
Apr 25, 2016
Closed on
Jul 22, 2016
Sold by
Chicago Title Land Trust Company
Bought by
Weeks Robert W and Thompson Leigh L
Seller's Agent
Ellen Davis
@properties Christie's International Real Estate
Buyer's Agent
Non Member
NON MEMBER
List Price
$689,000
Sold Price
$689,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.51%
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
Perea Levi $389,000 Chicago Title
Weeks Robert W $689,000 Ct
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perea Levi $311,200
Previous Owner Harris Trust & Svgs Bank $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2020 06/30/20 Sold $389,000 -2.7% $171 / Sq Ft
05/15/2020 05/15/20 Pending -- -- --
05/11/2020 05/11/20 Price Changed $399,900 -7.0% $176 / Sq Ft
04/16/2020 04/16/20 Price Changed $429,900 -6.5% $189 / Sq Ft
02/03/2020 02/03/20 Price Changed $459,900 -6.1% $203 / Sq Ft
11/09/2019 11/09/19 Price Changed $489,900 -6.7% $216 / Sq Ft
08/27/2019 08/27/19 For Sale $524,900 -23.8% $231 / Sq Ft
07/22/2016 07/22/16 Sold $689,000 0.0% $304 / Sq Ft
04/28/2016 04/28/16 Pending -- -- --
04/25/2016 04/25/16 For Sale $689,000 -- $304 / Sq Ft
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 $16,592 $228,385 $175,229 $53,156
2023 $11,088 $205,138 $157,949 $47,189
2022 $11,088 $134,127 $128,930 $5,197
2021 $10,199 $129,654 $124,630 $5,024
2020 $10,783 $129,654 $124,630 $5,024
2019 $13,881 $171,949 $166,949 $5,000
2018 $16,639 $276,192 $193,124 $83,068
2017 $20,717 $274,599 $192,010 $82,589
2016 $14,763 $261,423 $182,797 $78,626
2015 $15,430 $242,890 $169,838 $73,052
2014 $15,710 $240,072 $177,063 $63,009
2012 $14,767 $241,473 $178,096 $63,377
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10498376

Midwest Real Estate Data (MRED)

APN: 17-31-301-012