NOT LISTED FOR SALE

Estimated Value: $615,975

0.14 Acre
$4,307,517 Price per Acre
6,229 Sq Ft Lot

Last Sold July 21, 2016

Last sale price $430,000

Est. 43% increase in value since last sale

Current estimated payment $3,949/month

Highlights

  • Property is near a bus stop
  • Taft High School Rated A-
  • 2-minute walk to Ashmore Park

About This Lot

As of July 2016

ATTENTION BUILDERS AND DEVELOPERS! RETAIL OR MIXED USE POTENTIAL. A HIGHLY VISIBLE CORNER VERY CLOSE TO HIGHWAY ON MAJOR SHOPPING DISTRICT STREET IN MAYFAIR. A 75X125 LOT ZONED B3-1 TO USE FOR A VARIETY OF RETAIL/RESIDENTIAL USES. LAND HAS 2 PIN NUMBERS. A SMALL OFFICE/GARAGE IS CURRENTLY ON SITE. CAN BE PURCHASED OR BUILD TO SUIT WITH LONG TERM LEASE.

Last Agent to Sell the Property

Nadia Appel

Berkshire Hathaway HomeServices Chicago Listed on: 02/16/2016

Last Buyer's Agent

Nadia Appel

Berkshire Hathaway HomeServices Chicago Listed on: 02/16/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,909

Lot Details

Location

  • Property is near a bus stop

Property Details

Property Type

Land

Est. Annual Taxes

$6,909

Lot Details

0

Listing Details

  • Property Type: Land
  • General Information: School Bus Service, Commuter Bus, Interstate Access
  • Ownership: Fee Simple
  • Current Use: Commercial, Retail
  • Potential Use: Commercial, Residential-Multi-Family, Retail
  • Total Listed Lots Avail: 2
  • Utilities To Site: Electric to Site, Gas to Site, Sanitary Sewer to Site, Water-Community
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Road Surface: Concrete

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Frontage Access: City Street
  • Front Footage: 4375

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 75X125
  • Land Amenities: Sidewalks
  • Parcel Identification Number: 13103090950000

Building Info

  • Building Improvements: Bldg/s No House
  • Buildings On Land: Yes

Tax Info

  • Taxes: 7238

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2016
Closed on
Jul 14, 2016
Sold by
Saad Investments Group Llc
Bought by
Kilpatrick 1 0 Llc
Seller's Agent
Nadia Appel
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Nadia Appel
Berkshire Hathaway HomeServices Chicago
List Price
$430,000
Sold Price
$430,000
Current Estimated Value
$615,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,975
Avg. Annual Appreciation
3.39%
Original Mortgage
$4,760,000
Interest Rate
2.25%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 31, 2012
Sold by
Devon Bank Client Services Llc #152
Bought by
Saad Investments Group Llc

Purchase Details

Closed on
Sep 13, 2006
Sold by
Atcha Osman M
Bought by
Devon Bank Client Services Llc

Purchase Details

Closed on
Sep 15, 2005
Sold by
Pavlovic Slobodan
Bought by
Atcha Osman M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
6.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 23, 1993
Sold by
American National Bk & Tr Co Of Chicago
Bought by
American National Bk & Tr Co Of Chicago and Trust #117622-00
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
Kilpatrick 1 0 Llc $430,000 First American Title
Saad Investments Group Llc $265,000 None Available
Devon Bank Client Services Llc -- Ticor
Atcha Osman M $720,000 Git
American National Bk & Tr Co Of Chicago $110,000 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Kilpatrick 1 0 Llc $4,760,000
Previous Owner Atcha Osman M $575,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2016 07/21/16 Sold $430,000 0.0% --
02/16/2016 02/16/16 Pending -- -- --
02/16/2016 02/16/16 For Sale $430,000 -- --
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 $6,909 $59,193 $54,688 $4,505
2023 $6,735 $32,630 $28,125 $4,505
2022 $6,735 $32,630 $28,125 $4,505
2021 $6,583 $32,629 $28,125 $4,504
2020 $7,294 $32,629 $28,125 $4,504
2019 $6,577 $32,629 $28,125 $4,504
2018 $6,466 $32,629 $28,125 $4,504
2017 $8,932 $41,354 $24,609 $16,745
2016 $8,311 $41,354 $24,609 $16,745
2015 $5,138 $27,941 $24,609 $3,332
2014 $5,205 $27,953 $24,609 $3,344
2013 $5,103 $27,956 $24,609 $3,347
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09142445

Midwest Real Estate Data (MRED)

APN: 13-10-309-095-0000