NOT LISTED FOR SALE

4235 Chatham Ave Gurnee, IL 60031

Estimated Value: $554,000 - $581,000

0.22 Acre
$2,595,350 Price per Acre
9,583 Sq Ft Lot

Last Sold February 17, 2016

Last sale price $36,500 $13 Per Sq Ft

Est. 1,464% increase in value since last sale

Current estimated payment $4,342/month

132 Days on Market

About This Lot

As of February 2016

9,801 Square Foot improved Lot for sale in Providence Oak Subdivision. Can be purchased with 3 other lots (contiguous) in bulk for $180,000. Property is Bank Owned and being sold AS-IS.

Last Agent to Sell the Property

Steven Maher

Kinzie Brokerage LLC License #471006472 Listed on: 05/01/2015

Last Buyer's Agent

Robb Satten

Real Broker, LLC License #475101369

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,055

Lot Details

Property Details

Property Type

Land

Est. Annual Taxes

$15,055

Lot Details

0

Listing Details

  • Property Type: Land
  • General Information: School Bus Service
  • Ownership: Fee Simple
  • Current Use: Residential-Single Family
  • Potential Use: Residential-Single Family
  • Utilities To Site: Electric to Site, Gas to Site, Sewer-Storm Available, Water to Site
  • Zoning Type: SINGL
  • Special Features: 20
  • Property Sub Type: LotsLands

Interior Features

  • Road Surface: Asphalt

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Acreage: 0.22
  • Frontage Access: Public Road
  • Front Footage: 70

Schools

  • School District: 121
  • Elementary School: WOODLAND ELEMENTARY SCHOOL
  • Middle School: WOODLAND MIDDLE SCHOOL
  • High School: WARREN TOWNSHIP HIGH SCHOOL
  • Junior High Dist: 50

Lot Info

  • Lot Dimensions: 70X138
  • Estimated Land Sq Ft: 9801
  • Parcel Identification Number: 07264150140000

Tax Info

  • Taxes: 1597.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2017
Sold by
Baig Fahad M
Bought by
Baig Fahad M and Baig Fatima Humaira
Current Estimated Value
$570,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2017
Sold by
Drh Cambridge Homes Inc
Bought by
Baig Fahad M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 1, 2015
Closed on
Feb 11, 2016
Sold by
Dearbron Street Holdings Llc Series 1
Bought by
Drh Cambridge Homes Inc
Seller's Agent
Steven Maher
Kinzie Brokerage LLC
Buyer's Agent
Robb Satten
Real Broker, LLC
List Price
$50,000
Sold Price
$36,500
Premium/Discount to List
-$13,500
-27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.33%

Purchase Details

Closed on
Dec 10, 2014
Sold by
Highland Bluff Partners Corporation
Bought by
Dearborn Street Holdings Llc Series 1
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
Baig Fahad M -- First American Title
Baig Fahad M $370,000 First American Title
Drh Cambridge Homes Inc $36,500 Attorney
Dearborn Street Holdings Llc Series 1 -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baig Fahad M $457,200
Closed Baig Fahad M $100,000
Closed Baig Fahad M $272,000
Closed Fatima Humaira $268,000
Closed Baig Fahad M $309,000
Closed Baig Fahad M $333,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2016 02/17/16 Sold $36,500 -27.0% $13 / Sq Ft
09/10/2015 09/10/15 Pending -- -- --
05/01/2015 05/01/15 For Sale $50,000 -- $17 / Sq Ft
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 $15,055 $171,008 $24,630 $146,378
2023 $13,883 $158,767 $22,867 $135,900
2022 $13,883 $146,129 $22,875 $123,254
2021 $12,564 $140,266 $21,957 $118,309
2020 $12,167 $136,818 $21,417 $115,401
2019 $11,816 $132,846 $20,795 $112,051
2018 $11,135 $123,321 $19,288 $104,033
2017 $11,364 $121,108 $18,735 $102,373
2016 $1,618 $16,564 $16,564 $0
2015 $1,582 $15,709 $15,709 $0
2014 $1,597 $15,505 $15,505 $0
2012 $1,465 $15,624 $15,624 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08909021

Midwest Real Estate Data (MRED)

APN: 07-26-415-014