NOT LISTED FOR SALE

397 S Rex Blvd Elmhurst, IL 60126

Estimated Value: $1,288,000 - $1,716,000

0.2 Acre
$7,364,440 Price per Acre
8,712 Sq Ft Lot

Last Sold May 31, 2022

Last sale price $380,000

Est. 288% increase in value since last sale

Current estimated payment $9,845/month

2 Days on Market

Highlights

  • Corner Lot
  • Lincoln Elementary School Rated A
  • 3-minute walk to Ben Allison Park

About This Lot

As of May 2022

(NEW) LINCOLN GRADE SCHOOL | 62 X 140 (BUILDABLE LOT) | CORNER LOT | ENDLESS POTENTIAL | GREAT AREA | STEPS TO SPRING ROAD, BARS, RESTAURANTS, SHOPS, PRAIRIE PATH, ALMOST COMPLETED (STATE OF THE ART) LINCOLN GRADE SCHOOL, YORK HIGH SCHOOL, AND MUSH MORE.. PERFECT LOT FOR A THREE CAR GARAGE!

Last Listed By

Tim Schiller

@properties Christie's International Real Estate License #475127707 Listed on: 03/17/2022

@properties Christie's International Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,079

Year Built

  • 2023

Lot Details

  • Lot Dimensions are 62 x 140
  • Corner Lot

Schools

  • Lincoln Elementary School
  • Bryan Middle School
  • York Community High School

Utilities

  • Electricity To Lot Line

Property Details

Property Type

Land

Est. Annual Taxes

$4,079

Year Built

2023

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
  • Year Built (Public Record): 2023

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 62
  • Frontage Type: City Street
  • List Price: 399900
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: Electric to Site, Sanitary Sewer

Schools

  • Elementary School: Lincoln Elementary School
  • High School: York Community High School
  • Middle/Junior School: Bryan Middle School
  • Middle/Junior School District: 205

Lot Info

  • Lot Dimensions: 62 X 140
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 4079.32
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2023
Sold by
Perfection Custom Homes Llc
Bought by
Chicago Title Land Trust
Total Days on Market
2
Current Estimated Value
$1,472,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$726,200
Outstanding Balance
$709,423
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$763,465

Purchase Details

Listed on
Mar 17, 2022
Closed on
May 27, 2022
Sold by
Iva Cleo Tengroth Land Trust
Bought by
Perfection Custom Homes Llc
Seller's Agent
Tim Schiller
@properties Christie's International Real Estate
Buyer's Agent
Anne Thompson
@properties Christie's International Real Estate
List Price
$399,900
Sold Price
$380,000
Premium/Discount to List
-$19,900
-4.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.32%

Purchase Details

Closed on
Mar 7, 2018
Sold by
Tengroth Iva Cleo and Tengroth Cleo
Bought by
Tengroth Iva Cleo and Iva Cleo Tengroth Land Trust

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
Chicago Title Land Trust $1,500,000 Fidelity National Title
Perfection Custom Homes Llc $380,000 Chicago Title
Tengroth Iva Cleo -- First American Title Insura
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chicago Title Land Trust $726,200
Closed Chicago Title Land Trust $698,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $380,000 -5.0% --
03/20/2022 03/20/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $399,900 -- --
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
2023 $19,205 $324,340 $95,020 $229,320
2022 $5,997 $109,890 $91,340 $18,550
2021 $4,147 $122,260 $89,070 $33,190
2020 $4,079 $119,580 $87,120 $32,460
2019 $4,208 $113,690 $82,830 $30,860
2018 $4,233 $113,850 $78,400 $35,450
2017 $6,212 $108,490 $74,710 $33,780
2016 $4,535 $102,200 $70,380 $31,820
2015 $4,835 $95,210 $65,570 $29,640
2014 $5,265 $79,320 $52,060 $27,260
2013 $5,215 $80,430 $52,790 $27,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11350195

Midwest Real Estate Data (MRED)

APN: 06-11-105-001