NOT LISTED FOR SALE
0.09 Acre
-- Price per Acre
3,920 Sq Ft Lot

Sale Details

Date 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

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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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2015
Closed on
Dec 21, 2018
Sold by
Seok Kyun Se
Bought by
Seller's Agent
Theresa Jurgus
Baird & Warner, Inc.
Buyer's Agent
Tim Pomaville
Absolute Pin, Inc.
List Price
$699,000
Sold Price
$665,000
Premium/Discount to List
-$34,000
-4.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Interest Rate
7.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 10, 2014
Sold by
Madison Lyman Llc
Bought by
Seok Kyun Se and Kyun S Seok Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2011
Sold by
Federal Deposit Insurance Corporation
Bought by
Madison Lyman Llc

Purchase Details

Closed on
Mar 23, 2001
Sold by
Partee Clarence A and Partee Carolyn
Bought by
First Bank Of Oak Park

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,600
Interest Rate
7.18%
Mortgage Type
Unknown
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Oak Park, IL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$665,000 First American Title
Seok Kyun Se $650,000 Cti
Madison Lyman Llc $194,000 First American Title
First Bank Of Oak Park $200,000 Prairie Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $4,435,000
Closed 500 Lyman Llc $332,500
Previous Owner Seok Kyun Se $390,000
Previous Owner Partee Clarence $41,600
Previous Owner Partee Clarence $138,357
Previous Owner Partee Clarence $22,400
Previous Owner Partee Clarence $23,900
Previous Owner Partee Clarence $118,714
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $44,987 $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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