NOT LISTED FOR SALE

421 Ridge Rd Wilmette, IL 60091

Estimated Value: $594,000

0.36 Acre
$1,650,000 Price per Acre
15,682 Sq Ft Lot

Last Sold March 27, 2024

Last sale price $570,000

Est. 4% increase in value since last sale

Current estimated payment $3,483/month

315 Days on Market

About This Lot

As of March 2024

Prime development site just off the corner of Wilmette and Ridge Rd in Wilmette. Approximately 15,600 sq feet of land zoned R-3, ideal for a townhome or condo development. Site currently consists of a 3 story, 9900 sq foot frame building and ample parking.

Last Agent to Sell the Property

Brad Thompson

Millennium Properties RE, Inc. License #471013662 Listed on: 04/18/2023

Last Buyer's Agent

Ancuta Mutul

City Habitat Realty LLC License #475138335

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,348

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 80x198
  • Additional Parcels

Utilities

  • Electricity To Lot Line
  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$17,348

Lot Details

0

Listing Details

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

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 80
  • Frontage Type: City Street
  • List Price: 720000
  • Waterfront: No

Utilities

  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Water to Site

Schools

  • Middle/Junior School District: 39

Lot Info

  • Additional Parcels Description: 05331170150000
  • Additional Parcels: Yes
  • Lot Size Acres: 0.36
  • Lot Dimensions: 80X198
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Rental Price: 0

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 17347.55
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2023
Closed on
Mar 26, 2024
Sold by
Chicago Title Land Trust Co
Bought by
825 Harms Road Llc
Seller's Agent
Brad Thompson
Millennium Properties RE, Inc.
Buyer's Agent
Ancuta Mutul
City Habitat Realty LLC
List Price
$850,000
Sold Price
$570,000
Premium/Discount to List
-$280,000
-32.94%
Views
64
Current Estimated Value
$594,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,000
Avg. Annual Appreciation
3.83%
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
825 Harms Road Llc $570,000 Chicago Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2024 03/27/24 Sold $570,000 -20.8% --
02/28/2024 02/28/24 Pending -- -- --
10/03/2023 10/03/23 Price Changed $720,000 -8.3% --
06/12/2023 06/12/23 Price Changed $785,000 -7.6% --
04/18/2023 04/18/23 For Sale $850,000 -- --
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 $3,969 $17,490 $10,395 $7,095
2023 $3,756 $17,490 $10,395 $7,095
2022 $3,756 $17,490 $10,395 $7,095
2021 $3,772 $14,519 $7,425 $7,094
2020 $3,710 $14,519 $7,425 $7,094
2019 $3,312 $14,519 $7,425 $7,094
2018 $3,172 $13,331 $6,237 $7,094
2017 $3,084 $13,331 $6,237 $7,094
2016 $2,898 $13,331 $6,237 $7,094
2015 $3,051 $12,291 $5,197 $7,094
2014 $3,003 $12,291 $5,197 $7,094
2013 $2,868 $12,291 $5,197 $7,094
Source: Public Records

Agents Affiliated with this Home

  • Brad Thompson

    Seller's Agent in 2024

    Brad Thompson

    Millennium Properties RE, Inc.

    (224) 392-4001

    2 in this area

    61 Total Sales

    Brad Thompson
    Section Image

  • A

    Buyer's Agent in 2024

    Ancuta Mutul

    City Habitat Realty LLC

    (847) 989-5473

    1 in this area

    20 Total Sales

    Ancuta Mutul
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11761885

Midwest Real Estate Data (MRED)

APN: 05-33-117-015-0000

Illinois Cook County Wilmette 60091

421 Ridge Rd, Wilmette, IL

This home is located at 421 Ridge Rd, Wilmette, IL 60091 since 18 April 2023 and is currently estimated at $594,000. 421 Ridge Rd is a home located in Cook County with nearby schools including McKenzie Elementary School, Highcrest Middle School, and Wilmette Junior High School.

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