NOT LISTED FOR SALE

500 Lyman Ave Oak Park, IL 60304

0.09 Acre
-- Price per Acre
3,920 Sq Ft Lot

Last Sold December 28, 2018

Last sale price $665,000 $577 Per Sq Ft

991 Days on Market

About This Lot

As of December 2018

Development opportunity in Oak Park. on Madison St with 17,400 cars passing daily. Approximately 17,856 SF zoned b1-2. Ideal for multifamily, mixed use or retail / restaurant development. Easy access to I-290, Green Line, Blue line, Pace and CTA Bus service. Walking distance to Jewel, CVS, US Bank, near fine and casual restaurants, the Harrison St Arts District, top performing national branded restaurants and thriving local establishments. Near Village Hall, Park District and District 97 main office, walking distance to great neighborhood grade school and middle school. This is a great opportunity.

Last Agent to Sell the Property

Theresa Jurgus

Baird & Warner, Inc. License #475098791 Listed on: 06/10/2015

Baird & Warner, Inc.

Last Buyer's Agent

Tim Pomaville

Absolute Pin, Inc. License #471016311

Property Details

Property Type

  • Land

Property Details

Property Type

Land

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Potential Use: Commercial, Planned Unit Development, Residential-Multi-Family, Retail
  • Total Listed Lots Avail: 4
  • Utilities To Site: Electric to Site, Gas to Site, Sanitary Sewer to Site, Water-Municipal
  • Zoning Type: COMMR
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Description: Level
  • Road Surface: Asphalt

Exterior Features

  • Lot Size: .25-.49 Acre
  • Acreage: 0.09
  • Frontage Access: City Street
  • Front Footage: 125

Schools

  • Junior High Dist: 97

Lot Info

  • Lot Dimensions: 124 X 144
  • Estimated Land Sq Ft: 17856
  • Land Amenities: Curbs and Gutters
  • Parcel Identification Number: 16171060010000

Rental Info

  • Lease Type: Net

Tax Info

  • Taxes: 5393.72
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2018 12/28/18 Sold $665,000 -4.9% $577 / Sq Ft
02/25/2018 02/25/18 Pending -- -- --
07/19/2017 07/19/17 For Sale $699,000 0.0% $607 / Sq Ft
07/19/2017 07/19/17 Price Changed $699,000 -17.7% $607 / Sq Ft
02/04/2017 02/04/17 Pending -- -- --
06/10/2015 06/10/15 For Sale $849,000 -- $737 / 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 $47,196 $144,774 $5,746 $139,028
2024 $47,196 $132,262 $5,746 $126,516
2023 $62,585 $144,774 $5,746 $139,028
2022 $62,585 $162,984 $4,104 $158,880
2021 $41,250 $110,235 $4,104 $106,131
2020 $1,498 $4,104 $4,104 $0
2019 $1,417 $3,693 $3,693 $0
2018 $1,364 $3,693 $3,693 $0
2017 $1,334 $3,693 $3,693 $0
2016 $1,239 $3,078 $3,078 $0
2015 $1,110 $3,078 $3,078 $0
2014 $1,031 $3,078 $3,078 $0
2013 $1,002 $3,078 $3,078 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08949997

Midwest Real Estate Data (MRED)

APN: 16-17-106-001

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