NOT LISTED FOR SALE

490 Cherry St Winnetka, IL 60093

Estimated Value: $2,074,402

0.48 Acre
$4,321,671 Price per Acre
20,909 Sq Ft Lot

Last Sold May 28, 2021

Last sale price $1,400,000 $272 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $12,366/month

About This Lot

As of May 2021

Sold before processing

Last Agent to Sell the Property

John Phillips

Compass License #475097183 Listed on: 02/12/2021

Compass

Last Buyer's Agent

Steven Aisen

@properties Christie's International Real Estate License #475141421

@properties Christie's International Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $45,067

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 133x186x97x155
  • Property is zoned SINGL

Schools

  • Greeley Elementary School
  • Carleton W Washburne Middle School
  • New Trier Twp High School Northfield/Wi

Utilities

  • Electricity To Lot Line
  • Gas Available
  • Mechanical Septic System

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Property Type

Land

Est. Annual Taxes

$45,067

Lot Details

0

Listing Details

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

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Septic-Mechanical

Schools

  • Elementary School: Greeley Elementary School
  • High School: New Trier Twp H.S. Northfield/Wi
  • Middle/Junior School: Carleton W Washburne School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.48
  • Lot Dimensions: 133X186X97X155
  • Zoning: SINGL
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 45067
  • Tax Year: 2019
  • Tax Exemptions: Homeowner,Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2022
Sold by
490 Cherry Llc
Bought by
Cless Stephen and Cless Anne
Current Estimated Value
$2,074,402

Purchase Details

Listed on
Feb 12, 2021
Closed on
May 28, 2021
Sold by
Schneider Richard P and Seligman Ilana
Bought by
490 Cherry Llc
Seller's Agent
John Phillips
Compass
Buyer's Agent
Steven Aisen
@properties Christie's International Real Estate
List Price
$1,500,000
Sold Price
$1,400,000
Premium/Discount to List
-$100,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.80%
Original Mortgage
$980,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
May 28, 1996
Sold by
Schneider Richard P and Seligman Ilana
Bought by
Schneider Richard P and Seligman Ilana

Purchase Details

Closed on
Sep 12, 1994
Sold by
Hudson Beach Bruce and Hudson Beach Dawn
Bought by
Schneider Richard P and Seligman Ilana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cless Stephen $1,600,000 None Listed On Document
490 Cherry Llc $1,400,000 Chicago Title
Schneider Richard P -- --
Schneider Richard P $1,305,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 490 Cherry Llc $980,000
Previous Owner Schneider Richard P $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2021 05/28/21 Sold $1,400,000 -6.7% $272 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $1,500,000 -- $292 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $16,283 $444,000 $57,467 $386,533
2024 $16,283 $431,000 $70,237 $360,763
2023 $15,330 $70,237 $70,237 --
2022 $15,330 $70,237 $70,237 $0
2021 $46,098 $180,956 $47,889 $133,067
2020 $45,422 $180,956 $47,889 $133,067
2019 $45,067 $196,692 $47,889 $148,803
2018 $40,544 $172,470 $41,503 $130,967
2017 $39,307 $172,470 $41,503 $130,967
2016 $37,631 $172,470 $41,503 $130,967
2015 $39,715 $164,042 $34,586 $129,456
2014 $38,875 $164,042 $34,586 $129,456
2013 $37,066 $164,042 $34,586 $129,456
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10994212

Midwest Real Estate Data (MRED)

APN: 05-21-126-007-0000