$2,450,000
$50K PRICE DROP

36W461 Binnie Rd Dundee, IL 60118

Estimated payment $15,606/month

Total Views 41,879
24 Acres
$101,618 Price per Acre
1,050,232 Sq Ft Lot

Highlights

  • 24.11 Acre Lot
  • Farm
  • Forced Air Zoned Cooling and Heating System
  • Harry D Jacobs High School Rated A-
  • Circular Driveway

About This Lot

Pristine 24.11 Wooded Acre Estate with fully remodeled log home plus fully remodeled a second two bedroom home. Beautiful private setting conveniently located near shopping, Randall Rd and access to I-90. Main House has great room w/fireplace & vaulted ceilings, first floor master bedroom, Den, Sunroom and loft. Inground Pool with bar & cabana. Brand new solar system installed. Property can be divided into smaller parcels. Great value now even better value for the future. Potential redevelopment for townhouses, apartments or single family dwellings with potential retail outlet (s).

Listing Agent

Emin Tuluce

7 Hill Real Estate, INC. License #471013284 Listed on: 01/19/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $24,586

Lot Details

  • 24.11 Acre Lot
  • Lot Dimensions are 780 x 1320
  • Property fronts a county road
  • Additional Parcels
  • Property is zoned AGRIC

Parking

  • Circular Driveway

Schools

  • Liberty Elementary School
  • Dundee Middle School
  • H D Jacobs High School

Farming

  • Farm

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • Private Water Source
  • Septic Tank

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Property Type

Land

Est. Annual Taxes

$24,586

Lot Details

0

Listing Details

  • Property Type: Farm
  • Property Type: Land
  • Ownership: Fee Simple
  • Road Surface Type: Asphalt
  • General Information: School Bus Service
  • ResoPropertyType: Farm
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street, County Road
  • List Price: 2450000
  • Waterfront: No

Garage/Parking

  • Parking Features: Asphalt, Gravel, Circular Driveway

Utilities

  • Sewer: Septic Tank, Storm Sewer
  • Cooling: Central Air, Zoned
  • Heating: Natural Gas, Forced Air
  • Utilities: Natural Gas Available, Sewer Connected
  • Water Source: Municipal Water, Private

Schools

  • Elementary School: Liberty Elementary School
  • High School: H D Jacobs High School
  • Middle/Junior School: Dundee Middle School
  • Middle/Junior School District: 300

Lot Info

  • Additional Parcels Description: 0317400012
  • Additional Parcels: Yes
  • Lot Size Acres: 24.11
  • Lot Dimensions: 780 X 1320
  • Zoning: AGRIC
  • Lot Size: 10.0-24.99 Acres
  • Special Assessments: N
  • Total Listed Lots Avail: 2

Rental Info

  • Board Number: 10
  • Rental Price: 0

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 24585.88
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2023 $6,054 $82,857 $82,857 --
2022 $6,205 $82,857 $82,857 $0
2021 $6,042 $78,233 $78,233 $0
2020 $4,640 $59,770 $59,770 $0
2019 $4,529 $56,740 $56,740 $0
2018 $4,314 $52,023 $52,023 $0
2017 $14 $164 $164 $0
2016 $13 $143 $143 $0
2015 -- $125 $125 $0
2014 -- $112 $112 $0
2013 -- $102 $102 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2025 04/25/25 Price Changed $2,450,000 -2.0% $729 / Sq Ft
01/19/2024 01/19/24 For Sale $2,500,000 -- $744 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $57,500 Commercial
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 11964469

Midwest Real Estate Data (MRED)

APN: 03-17-400-012