NOT LISTED FOR SALE

Estimated Value: $243,000

0.54 Acre
$450,000 Price per Acre
23,522 Sq Ft Lot

Last Sold May 24, 2019

Last sale price $425,000

Est. 43% decrease in value since last sale

Current estimated payment $1,334/month

266 Days on Market

About This Lot

As of May 2019

HERE IS A COMMERCIAL DEVELOPMENT OPPORTUNITY TO EXPAND AND DEVELOP 23,400 SQUARE FEET, 8 CITY LOTS ON HALSTED ST. EXCELLENT STREET VISIBILITY AND 200 FEET OF FRONTAGE. CURB CUT IN PLACE, ALL UTILITIES AT SITE. ZONED C3-2, GREAT AREA FOR CAR WASH OR OTHER RETAIL. NEIGHBORHOOD SHOPPING DISTRICT ENTERPRISE ZONE THAT LIES IN THE 47TH TIF DISTRICT. RETAILERS IN THE AREA INCLUDE: WALGREENS ON SW CORNER NEXT TO DUNKIN DONUTS (NEWEST IN THE AREA) ALONG WITH FAMILY DOLLAR, FAIRPLAY FOOD AND LIQUOR, CITI TRENDS, CITY SPORTS, METRO PCS AT 46TH AND MANY OTHERS. ADJACENT 8 LOTS ALSO AVAILABLE AT HARD CORNER ON 46TH TOTALING 46,792 SQUARE FEET. 16 CITY LOTS, 400 FEET OF FRONTAGE ON HALSTED ST FOR LAND DEVELOPMENT. OWNER OPEN TO SALE OR GROUND LEASE. DRIVE BY TODAY!

Last Agent to Sell the Property

Stella Petridis

Procure Realty Group License #471008211 Listed on: 06/06/2018

Last Buyer's Agent

Glen Young

F.J. Williams Realty LLC License #475151821

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $238

Lot Details

Property Details

Property Type

Land

Est. Annual Taxes

$238

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Potential Use: Commercial, Retail
  • Rental Price: 3500
  • Rental Unit: Monthly
  • Total Listed Lots Avail: 8
  • Utilities To Site: Electric Nearby, Gas Nearby, Water-Nearby
  • Zoning Type: COMMR
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Description: Cleared
  • Road Surface: Asphalt

Exterior Features

  • Lot Size: .50-.99 Acre
  • Acreage: 0.54
  • Frontage Access: City Street
  • Front Footage: 200

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 200 X 117
  • Estimated Land Sq Ft: 23400
  • Parcel Identification Number: 20043260070000

Tax Info

  • Taxes: 3762.38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2018
Closed on
May 23, 2019
Sold by
Verros Irma G
Bought by
Wsss Llc
Seller's Agent
Stella Petridis
Procure Realty Group
Buyer's Agent
Glen Young
F.J. Williams Realty LLC
List Price
$549,000
Sold Price
$425,000
Premium/Discount to List
-$124,000
-22.59%
Current Estimated Value
$243,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$182,000
Avg. Annual Appreciation
0.91%
Original Mortgage
$318,500
Interest Rate
2.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 22, 2005
Sold by
Garcia Michael
Bought by
Sabbia John P

Purchase Details

Closed on
Feb 15, 2005
Sold by
Pappas William G and Pappas Olympia
Bought by
Vainberg Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
5.67%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 15, 2004
Sold by
Taylorbank Cole
Bought by
Pappas William G and Pappas Olympia

Purchase Details

Closed on
Jun 7, 2004
Sold by
Verros Petros and Verros George
Bought by
Vainberg Adam
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
Wsss Llc $141,666 Saturn Title Llc
Wsss Llc $425,000 Saturn Title Llc
Sabbia John P $645,000 --
Vainberg Adam -- --
Pappas William G -- --
Vainberg Adam -- First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Wsss Llc $318,500
Previous Owner Vainberg Adam $88,000
Previous Owner Pappas William G $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2019 05/24/19 Sold $425,000 -22.6% --
02/27/2019 02/27/19 Pending -- -- --
06/06/2018 06/06/18 For Sale $549,000 -- --
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 $238 $3,390 $3,390 --
2023 $232 $1,130 $1,130 --
2022 $232 $1,130 $1,130 $0
2021 $227 $1,130 $1,130 $0
2020 $252 $1,130 $1,130 $0
2019 $227 $1,130 $1,130 $0
2018 $502 $2,542 $2,542 $0
2017 $502 $2,330 $2,330 $0
2016 $467 $2,330 $2,330 $0
2015 $427 $2,330 $2,330 $0
2014 $432 $2,330 $2,330 $0
2013 $424 $2,330 $2,330 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09976298

Midwest Real Estate Data (MRED)

APN: 20-04-326-007-0000