NOT LISTED FOR SALE

Estimated Value: $285,000

13 Acres
$22,800 Price per Acre
544,500 Sq Ft Lot

Last Sold August 22, 2018

Last sale price $1,850,000 $2,381 Per Sq Ft

Current estimated payment $1,659/month

99 Days on Market

About This Lot

As of August 2018

This is zoned M1-2 , The best use for this is truck parking, container storage. Construction transfer station. Easy access close to express way ten minutes to McCormick Place, ideal for truck marshaling yard

Last Agent to Sell the Property

Guy Aloisio

Coldwell Banker Realty License #475152759 Listed on: 05/02/2018

Coldwell Banker Realty

Last Buyer's Agent

Alma Meza

Classic Realty Group Prestige License #471017526

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,269

Lot Details

Property Details

Property Type

Land

Est. Annual Taxes

$1,269

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Commercial
  • Potential Use: Commercial, Residential-Multi-Family, Residential-Single Family, Zoning Change Required
  • Total Listed Lots Avail: 15
  • Utilities To Site: Electric Nearby, Gas Nearby, Sanitary Sewer Nearby, Water-Municipal, Water-Nearby
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Description: Cleared
  • Road Surface: Gravel

Exterior Features

  • Lot Size: 10.0-24.99 Acres
  • Acreage: 12.5
  • Frontage Access: City Street
  • Front Footage: 150

Schools

  • School District: 299
  • High School: SIMEON CAREER ACADEMY HIGH SCHOO
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 544500
  • Estimated Land Sq Ft: 544500
  • Parcel Identification Number: 20331200010000

Tax Info

  • Taxes: 29379.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2018
Closed on
Aug 22, 2018
Sold by
87Th Street Properties Llc
Bought by
Northwest 1 Trucking Inc
Seller's Agent
Guy Aloisio
Coldwell Banker Realty
Buyer's Agent
Alma Meza
Classic Realty Group Prestige
List Price
$1,300,000
Sold Price
$1,850,000
Premium/Discount to List
$550,000
42.31%
Current Estimated Value
$285,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,565,000
Avg. Annual Appreciation
-23.63%
Original Mortgage
$850,000
Outstanding Balance
$748,810
Interest Rate
4.6%
Mortgage Type
Commercial
Estimated Equity
-$467,810

Purchase Details

Closed on
May 6, 2005
Sold by
Chicago Title Land Trust Co
Bought by
87Th Street Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$877,500
Interest Rate
6.05%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 28, 2003
Sold by
Quality Materials Ii Inc
Bought by
Cole Taylor Bank and Trust #03-9681
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
Northwest 1 Trucking Inc $1,850,000 Chicago Title
87Th Street Properties Llc $100,000 --
Cole Taylor Bank $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Northwest 1 Trucking Inc $850,000
Previous Owner 87Th Street Properties Llc $877,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2018 08/22/18 Sold $1,850,000 -7.5% $2,381 / Sq Ft
08/09/2018 08/09/18 Pending -- -- --
08/01/2018 08/01/18 Price Changed $1,999,000 +5.2% $2,573 / Sq Ft
07/24/2018 07/24/18 Price Changed $1,900,000 +46.2% $2,445 / Sq Ft
05/02/2018 05/02/18 For Sale $1,300,000 -- $1,673 / 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 $1,269 $12,030 $12,030 --
2023 $1,237 $6,015 $6,015 --
2022 $1,237 $6,015 $6,015 $0
2021 $1,209 $6,014 $6,014 $0
2020 $1,340 $6,014 $6,014 $0
2019 $1,208 $6,014 $6,014 $0
2018 $1,188 $6,014 $6,014 $0
2017 $1,133 $5,262 $5,262 $0
2016 $1,054 $5,262 $5,262 $0
2015 $964 $5,262 $5,262 $0
2014 $976 $5,262 $5,262 $0
2013 $957 $5,262 $5,262 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09936105

Midwest Real Estate Data (MRED)

APN: 20-33-120-001-0000