$350,000
SOLD MAR 7, 2025
1.62 Acres
$216,049 Price per Acre
70,567 Sq Ft Lot

Recently Sold

30% Below List Price

116 Days on Market

About This Lot

As of March 2025

JUST REDUCED!! 10-01-2024 Attention BUILDERS / DEVELOPERS / INVESTORS !!!! Prime 1.6 Acres of Level Vacant Land - Zoned R-2 Residential MULTI-FAMILY. Only Blocks from the Train Station, Shopping, Major Roadways, access to internet. City of West Chicago has determined UP TO 35 units can be built on this site. It is almost rare in today's market to find such an affordable smaller tract of developable land - don't wait and then regret. Property is currently tax exempt as it is owned by the Church.

Last Agent to Sell the Property

Daniel Czuba

Daniel And Associates Real Estate License #471003460 Listed on: 07/11/2024

Last Buyer's Agent

Danny Alejandre

RE/MAX PREMIER License #475163830

RE/MAX PREMIER

Property Details

Property Type

  • Land

Year Built

  • 1962

Lot Details

  • 1.62 Acre Lot
  • Lot Dimensions are 307 x 230 x 308 x 230
  • Property is zoned MULTI

Utilities

  • No Utilities

Property Details

Property Type

Land

Year Built

1962

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Road Surface Type: Asphalt
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1962

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 307
  • Frontage Type: City Street
  • List Price: 350000
  • Waterfront: No

Utilities

  • Utilities: None

Schools

  • Middle/Junior School District: 33

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 1.62
  • Lot Dimensions: 307 X 230 X 308 X 230
  • Zoning: MULTI
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N
  • Estimated Land Sq Ft: 70639
  • Land Description: Cleared,Level

Rental Info

  • Board Number: 10
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Year: 2022
  • Tax Exemptions: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2024
Closed on
Mar 7, 2025
Sold by
Real Life Church and Crossroads Restoration Church
Bought by
Educare Of West Dupage
Seller's Agent
Daniel Czuba
Daniel And Associates Real Estate
Buyer's Agent
Danny Alejandre
RE/MAX PREMIER
List Price
$500,000
Sold Price
$350,000
Premium/Discount to List
-$150,000
-30%
Total Days on Market
116
Views
237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
260306.70%
Original Mortgage
$420,000
Outstanding Balance
$419,653
Interest Rate
6.96%
Estimated Equity
$1,891,478

Purchase Details

Closed on
Mar 25, 2011
Sold by
Dupage National Bank
Bought by
Crossroads Restoration Church

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
4.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 12, 1999
Sold by
Department Of Transportation
Bought by
Illinois State Toll Highway Authority
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 Type Sale Price Title Company
Warranty Deed -- First American Title
Deed -- Chicago Title Insurance Comp
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $420,000 No Value Available
Open $2,100,000 Credit Line Revolving
Previous Owner $850,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2025 03/07/25 Sold $350,000 0.0% --
11/05/2024 11/05/24 Pending -- -- --
10/01/2024 10/01/24 Price Changed $350,000 -30.0% --
07/11/2024 07/11/24 For Sale $500,000 -- --
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
2023 -- -- -- --
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 $0 $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12104148

Midwest Real Estate Data (MRED)

APN: 04-03-403-016