NOT LISTED FOR SALE

Estimated Value: $125,010

0.19 Acre
$657,947 Price per Acre
8,276 Sq Ft Lot

Last Sold August 05, 2024

Last sale price $105,000

Est. 19% increase in value since last sale

Current estimated payment $705/month

30 Days on Market

About This Lot

As of August 2024

Gated double vacant lots. Fantastic Opportunity to own and build in West Garfield Park Neighborhood. Zoned B3-2. BOTH LOTS are included 4741 and 4743 W Madison. There is a bulletin board for additional income per year to offset taxes. 1 block from newly proposed Wellness Village. Fence is five feet easy access for cars or light trucks, being sold AS IS. This is located in a TIF area.

Last Agent to Sell the Property

Edward Reagan

Safe Harbor Realty LLC License #471005328 Listed on: 05/17/2024

Last Buyer's Agent

Kim Kerbis

@properties Christie's International Real Estate License #471005686

@properties Christie's International Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,220

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 25 x 165
  • Dirt Road
  • Additional Parcels
  • Property is zoned COMMR

Utilities

  • No Cooling
  • No Heating
  • Gas Available at Street

Community Details

Amenities

  • No Laundry Facilities

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$1,220

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Road Surface Type: Dirt
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial, Estate, Retail
  • Basement Description: None
  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • Waterfront: No

Garage/Parking

  • Driveway: Concrete,Dirt,Off Alley

Utilities

  • Cooling: None
  • Heating: None
  • Laundry Features: None
  • Utilities: Electric Nearby, Gas Nearby

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.19
  • Lot Dimensions: 25 X 165
  • Zoning: COMMR
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Land Amenities: Fencing,Sidewalks
  • Land Description: Cleared,Level

Rental Info

  • Board Number: 8

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 1220.16
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2024
Closed on
Jul 25, 2024
Sold by
Ortega Lenis R and Ortega Jesse
Bought by
Quinn Brian D and Bell-Quinn Elaine C
Seller's Agent
Edward Reagan
Safe Harbor Realty LLC
Buyer's Agent
Kim Kerbis
@properties Christie's International Real Estate
List Price
$125,000
Sold Price
$105,000
Premium/Discount to List
-$20,000
-16%
Views
2
Current Estimated Value
$125,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,010
Avg. Annual Appreciation
15.24%

Purchase Details

Closed on
Jul 27, 2022
Sold by
Trust Number 3955 and Chicago Title Land Trust Company
Bought by
Ortega Lenis R and Ortega Jesse

Purchase Details

Closed on
Jan 27, 2003
Sold by
Karp Harold
Bought by
Western Springs National Bank & Trust and Trust #3955
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
Quinn Brian D $105,000 Citywide Title
Ortega Lenis R -- Chicago Title
Ortega Lenis R $80,000 Chicago Title
Western Springs National Bank & Trust $16,500 Mtc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2024 08/05/24 Sold $105,000 -16.0% --
06/17/2024 06/17/24 Pending -- -- --
05/17/2024 05/17/24 For Sale $125,000 -- --
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 $566 $5,363 $5,363 --
2023 $551 $2,681 $2,681 --
2022 $551 $2,681 $2,681 $0
2021 $539 $2,681 $2,681 $0
2020 $597 $2,681 $2,681 $0
2019 $539 $2,681 $2,681 $0
2018 $530 $2,681 $2,681 $0
2017 $488 $2,268 $2,268 $0
2016 $454 $2,268 $2,268 $0
2015 $416 $2,268 $2,268 $0
2014 $421 $2,268 $2,268 $0
2013 $413 $2,268 $2,268 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12058961

Midwest Real Estate Data (MRED)

APN: 16-15-100-006-0000