NOT LISTED FOR SALE

40271 N Mill Creek Rd Old Mill Creek, IL 60083

Estimated Value: $190,000 - $313,942

5 Acres
$47,996 Price per Acre
217,800 Sq Ft Lot

Last Sold April 22, 2024

Last sale price $190,000

Est. 26% increase in value since last sale

Current estimated payment $1,496/month

9 Days on Market

About This Lot

As of April 2024

Nicely wooded and private 5 acre lot, ready to build your dream home or hobby farm! Currently zoned Agricultural, unincorporated Lake County. Wadsworth mailing address. Feel free to park car & walk lot or listing agent will meet you at the the property. Survey and aerial view available to view or print, located under "additional information" in the MLS. Property taxes can be reduced substantially after closing, call listing agent for details.

Last Agent to Sell the Property

Tom Glusic

Coldwell Banker Realty License #471007098 Listed on: 03/12/2024

Coldwell Banker Realty

Last Buyer's Agent

Lisa Wolf

Keller Williams North Shore West License #471008702

Keller Williams North Shore West

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,059

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 328x630x330x630
  • Property is zoned SINGL

Outdoor Features

  • Electricity Available at Street

Schools

  • Warren Township High School

Utilities

  • Gas Available at Street
  • Well Required
  • Septic Needed

Property Details

Property Type

Land

Est. Annual Taxes

$9,059

Lot Details

0

Listing Details

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

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: Public Road
  • Waterfront: No

Utilities

  • Utilities: Electric Nearby, Gas Nearby, Septic System Required, Well-Required

Schools

  • High School: Warren Township High School

Lot Info

  • Lot Size Acres: 5
  • Lot Dimensions: 328X630X330X630
  • Zoning: SINGL
  • Lot Size: 5.0-5.99 Acres
  • Special Assessments: N
  • Land Description: Horses Allowed

Rental Info

  • Board Number: 2

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 9059
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2024
Closed on
Apr 17, 2024
Sold by
Cockrell James M and Cockrell Elizabeth A
Bought by
Gauri Joint Trust and Gauri
Seller's Agent
Tom Glusic
Coldwell Banker Realty
Buyer's Agent
Lisa Wolf
Keller Williams North Shore West
List Price
$199,500
Sold Price
$190,000
Premium/Discount to List
-$9,500
-4.76%
Views
15
Current Estimated Value
$239,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,981
Avg. Annual Appreciation
16.61%
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
Gauri Joint Trust $190,000 First American Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2024 04/22/24 Sold $190,000 -4.8% --
03/22/2024 03/22/24 Pending -- -- --
03/12/2024 03/12/24 For Sale $199,500 -- --
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 $8,272 $78,912 $78,912 --
2023 $9,060 $83,724 $83,724 --
2022 $9,060 $75,848 $75,848 $0
2021 $8,193 $69,650 $69,650 $0
2020 $7,926 $68,031 $68,031 $0
2019 $7,522 $65,333 $65,333 $0
2018 $6,518 $59,257 $59,257 $0
2017 $6,461 $58,158 $58,158 $0
2016 $6,206 $56,213 $56,213 $0
2015 $5,971 $53,086 $53,086 $0
2014 $5,566 $51,630 $51,630 $0
2012 $5,373 $52,491 $52,491 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11976533

Midwest Real Estate Data (MRED)

APN: 03-21-400-004