$645,000
SOLD FEB 14, 2025

4960 N Dresden Rd Morris, IL 60450

1 Bed
1 Bath
8,400 Sq Ft
17.91 Acres

Recently Sold

$77 Per Sq Ft

5% Below List Price

16 Days on Market

Highlights

  • Water Views
  • Horses Allowed On Property
  • 40 Car Attached Garage
  • Coal City Intermediate School Rated A-
  • 17.91 Acre Lot
  • Garage ceiling height seven feet or more

About This Home

As of February 2025

Discover the perfect blend of function and opportunity with this impressive 120x70, 9,000 sq. ft. pole barn in Morris, IL. Meticulously constructed, this property showcases unparalleled craftsmanship and pride of ownership. The structure features three oversized overhead doors with a 14' clearance, offering endless possibilities for storage, workshops, or business operations. Inside, you'll find a thoughtfully designed 2,000 sq. ft. living quarters, ideal for comfortable on-site living while making the most of this remarkable space. Zoned AR, this property invites a variety of uses, including the creation of a custom-built home, a horse farm, or a sprawling estate. With natural gas already on-site, your vision for development is closer than you think. Nestled on a tranquil site where horses are welcome, this property is a blank canvas for your dreams-whether it's an equestrian haven, a thriving business, or a unique residential retreat. The possibilities are truly endless. Don't miss the opportunity to own this exceptional property that combines utility, luxury, and boundless potential. Schedule your private tour today!

Last Agent to Sell the Property

Adam McRae

McRae Realty LTD. License #471020110 Listed on: 01/16/2025

Last Buyer's Agent

Erica Bugarin

Smart Home Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,527

Year Built

  • Built in 2008

Lot Details

  • 17.91 Acre Lot
  • Lot Dimensions are 512x1799x464x1586

Parking

  • 40 Car Attached Garage
  • Garage ceiling height seven feet or more
  • Garage Door Opener
  • Gravel Driveway
  • Parking Included in Price

Home Design

  • Metal Roof
  • Aluminum Siding

Interior Spaces

  • 8,400 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Water Views
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Well
  • Private or Community Septic Tank

Additional Features

  • Patio
  • Horses Allowed On Property

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,527

Year Built

Built in 2008

Lot Details

0

Parking

40

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 2008
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 8400
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Builder

Exterior Features

  • ExteriorFeatures: Patio
  • Lot Features: Horses Allowed, Water View
  • Patio And Porch Features: Patio
  • Roof: Metal
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 40
  • Parking Features: Driveway
  • ParkingTotal: 80
  • Driveway: Gravel
  • Garage Details: Garage Door Opener(s),7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 17.91
  • Lot Dimensions: 512X1799X464X1586
  • Lot Size: 10+ Acres
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 7527
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2025
Closed on
Feb 12, 2025
Sold by
5F Living Trust and Fergelec Stacey Lee
Bought by
Wilbanks Matthew
Seller's Agent
Adam McRae
McRae Realty LTD.
Buyer's Agent
Erica Bugarin
Smart Home Realty
List Price
$679,000
Sold Price
$645,000
Premium/Discount to List
-$34,000
-5.01%
Views
69
Current Estimated Value
$682,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,072
Avg. Annual Appreciation
6.88%

Purchase Details

Closed on
Jun 1, 2022
Sold by
Paul Fergelec James
Bought by
5F Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $645,000 Fidelity National Title
Warranty Deed -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2025 02/14/25 Sold $645,000 -5.0% $77 / Sq Ft
02/01/2025 02/01/25 Pending -- -- --
01/16/2025 01/16/25 For Sale $679,000 -- $81 / 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 $8,097 $158,817 $15,900 $142,917
2023 $7,527 $147,634 $14,440 $133,194
2022 $1,138 $22,330 $4,590 $17,740
2021 $1,101 $21,756 $4,016 $17,740
2020 $1,080 $21,240 $3,500 $17,740
2019 $1,081 $21,427 $3,687 $17,740
2018 $1,061 $20,944 $3,204 $17,740
2017 $1,046 $20,504 $2,764 $17,740
2016 $1,014 $20,105 $2,365 $17,740
2015 $960 $19,742 $2,002 $17,740
2014 $938 $19,488 $1,748 $17,740
2013 $927 $19,330 $1,590 $17,740
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12272684

Midwest Real Estate Data (MRED)

APN: 06-12-100-003