NOT LISTED FOR SALE

420 N River Rd Mount Prospect, IL 60056

Forest River Neighborhood

Estimated Value: $1,066,000

1.2 Acres
$888,333 Price per Acre
52,272 Sq Ft Lot

Sale Details

Date Sold: March 4, 2016

Last sale price $165,000 $88 Per Sq Ft

Est. 546% increase in value since last sale

Current estimated payment $7,166 / mo

35 Days on Market

About This Lot

As of March 2016

1 & 1/2 lots (1.2 Acre) GENRAL COMMERCIAL C4 zoning USES INCLUDED: Retail, Office/ Automobile repair, gas station/Planned unit development/ building supplies/Car wash/MULTI USES/ sewer to site/ water nearby/Per IDOT 22,900 cars per day. Survey available, elevation survey available, southern lot is in Flood zone could be used as detention area, contributory value.

Last Agent to Sell the Property

Cornelia Wismer

Berkshire Hathaway HomeServices Starck Real Estate License #471012840 Listed on: 01/01/2016

Berkshire Hathaway HomeServices Starck Real Estate

Last Buyer's Agent

Salvatore Fragale

Salvatore Fragale License #471018670

Property Details

Property Type

  • Land

Property Details

Property Type

Land

Listing Details

  • Property Type: Land
  • General Information: School Bus Service
  • Ownership: Fee Simple
  • Current Use: Platted
  • Ownership Type: Individual
  • Potential Use: Commercial, Liquor License, Planned Unit Development
  • Subdivision Lot Number: 1
  • Total Listed Lots Avail: 2
  • Utilities To Site: Electric to Site, Gas to Site, Sanitary Sewer to Site, Water-Nearby
  • Zoning Type: COMMR
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Description: Level, Rolling Rural
  • Road Surface: Asphalt

Exterior Features

  • Lot Size: 1.0-1.99 Acres
  • Acreage: 1.2
  • Frontage Access: Public Road
  • Front Footage: 229

Schools

  • Junior High Dist: 26

Lot Info

  • Lot Dimensions: 229'X233'
  • Estimated Land Sq Ft: 55357
  • Parcel Identification Number: 03362080300000

Tax Info

  • Taxes: 1547

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2015
Sold by
Bought by
Current Estimated Value
$1,066,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$353,046
Interest Rate
4.75%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$712,955

Purchase Details

Closed on
Jun 12, 1998
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$355,000 Fidelity National Title
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $450,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/04/2016 03/04/16 Sold $165,000 -21.1% $88 / Sq Ft
02/05/2016 02/05/16 Pending -- -- --
01/01/2016 01/01/16 For Sale $209,000 -- $112 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $16,703 $88,000 $32,539 $55,461
2024 $16,703 $68,946 $27,116 $41,830
2023 $55,710 $68,946 $27,116 $41,830
2022 $55,710 $241,845 $203,370 $38,475
2021 $64,587 $246,415 $203,370 $43,045
2020 $62,201 $246,415 $203,370 $43,045
2019 $55,788 $246,415 $203,370 $43,045
2018 $48,940 $195,609 $94,906 $100,703
2017 $48,362 $195,609 $94,906 $100,703
2016 $8,243 $35,591 $9,490 $26,101
2015 $7,775 $30,720 $8,134 $22,586
2014 $7,672 $30,720 $8,134 $22,586
2013 $7,493 $30,720 $8,134 $22,586
Source: Public Records

Agents Affiliated with this Home

  • Cornelia Wismer

    Seller's Agent in 2016

    Cornelia Wismer

    Berkshire Hathaway HomeServices Starck Real Estate

    (847) 778-4127

    19 Total Sales

    Cornelia Wismer
    Section Image
  • Salvatore Fragale

    Buyer's Agent in 2016

    Salvatore Fragale

    Salvatore Fragale

    (847) 738-2308

    9 Total Sales

    Salvatore Fragale
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09107842

Midwest Real Estate Data (MRED)

APN: 03-36-208-029-0000

Illinois Cook County Mount Prospect 60056 Forest River

420 N River Rd, Mount Prospect, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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