NOT LISTED FOR SALE

5109 W Lake St Melrose Park, IL 60160

Estimated Value: $8,970,882

-- Bed
-- Bath
-- Sq Ft
3.36 Acres

About This Home

This home is located at 5109 W Lake St, Melrose Park, IL 60160 and is currently priced at $8,970,882. 5109 W Lake St is a home located in Cook County with nearby schools including J.W. Riley Elementary School, Northlake Middle School, and Proviso West High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2025
Sold by
Dg Industrial Portfolio I Property Owner
Bought by
5109 W Lake St Owner Lp
Current Estimated Value
$8,970,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,000,000
Outstanding Balance
$455,086,411
Interest Rate
6.95%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 2, 2020
Sold by
P8 Dalfen West Lake Lp
Bought by
Dg Industrial Portfolio I Prop Owner Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,475,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 20, 2017
Sold by
Roy Commons Llc
Bought by
P8 Dalfen West Lake Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,792,902
Interest Rate
3.9%

Purchase Details

Closed on
Dec 19, 2017
Sold by
Village Of Melrose Park
Bought by
Roy Commons Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,792,902
Interest Rate
3.9%

Purchase Details

Closed on
Dec 31, 2009
Sold by
Mreina Continental Llc
Bought by
Continental Commons Llc

Purchase Details

Closed on
Jan 1, 2006
Sold by
Scarlato Holdings Llc
Bought by
Reina Holdings Continental Llc and Mreina Continental Llc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
5109 W Lake St Owner Lp $11,000,000 Fidelity National Title
Dg Industrial Portfolio I Prop Owner Lp $6,770,000 Attorney
P8 Dalfen West Lake Lp $4,400,000 Attorney
Roy Commons Llc -- Attorney
Continental Commons Llc -- None Available
Continental Commons Llc -- None Available
Continental Commons Llc -- None Available
Reina Holdings Continental Llc -- None Available
Scarlato Holdings Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5109 W Lake St Owner Lp $457,000,000
Previous Owner Dg Industrial Portfolio I Prop Owner Lp $322,475,000
Previous Owner P8 Dalfen West Lake Lp $29,735
Previous Owner P8 Dalfen West Lake Lp $2,792,902
Previous Owner Continental Commons Llc $324,010
Previous Owner Continental Commons Llc $175,000
Previous Owner Continental Commons Llc $4,125,000
Previous Owner Banco Popular $600,000
Source: Public Records

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 $132,782 $413,038 $87,943 $325,095
2023 $133,869 $413,038 $87,943 $325,095
2022 $133,869 $357,019 $87,943 $269,076
2021 $137,196 $357,017 $87,942 $269,075
2020 $130,882 $357,017 $87,942 $269,075
2019 $54,823 $150,924 $65,956 $84,968
2018 $55,474 $150,924 $65,956 $84,968
Source: Public Records

Map

Illinois Cook County Melrose Park 60160

5109 W Lake St, Melrose Park, IL

This home is located at 5109 W Lake St, Melrose Park, IL 60160 and is currently priced at $8,970,882. 5109 W Lake St is a home located in Cook County with nearby schools including J.W. Riley Elementary School, Northlake Middle School, and Proviso West High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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