NOT LISTED FOR SALE

Estimated Value: $224,000 - $660,000

0.35 Acre
$1,499,374 Price per Acre
15,246 Sq Ft Lot

Last Sold September 01, 2021

Last sale price $110,000 $34 Per Sq Ft

Est. 377% increase in value since last sale

Current estimated payment $3,627/month

71 Days on Market

About This Lot

As of September 2021

UNIQUE OPPORTUNITY!!! ATTENTION BUILDERS AND HOMEOWNERS LOOKING TO BUILD THEIR DREAM HOME IN DESIRABLE "BRIDLEWOOD SUBDIVISION." PLEASE NOTE THIS IS A LARGE CORNER LOT AND THIS HOME HAS A WALK-OUT BASEMENT. YOU DO NOT HAVE TO FOLLOW THE EXISTING FLOOR PLAN EXACTLY, SO COME IN WITH AN ARCHITECT AND DRAW SOMETHING TO YOUR OWN SPECIFICATIONS! AS THE PHOTOS SHOW, THERE WAS AN INSURANCE CLAIM ON THE PROPERTY. THE MATTER IS NOW SETTLED WITH THE INSURANCE COMPANY, AND A QUICK CLOSING IS POSSIBLE. INSURANCE COMPANY HAS STATED THAT SOME OF THE EXISTING FRAME STRUCTURE IS STILL USEABLE. LISTING AGENT HAS PAPERWORK FROM INSURANCE COMPANY UPON THE PROPERTY GOING UNDER CONTRACT WILL PROVIDE. THIS IS A VERY DESIRABLE AREA OF HOFFMAN ESTATES, ACCESS TO MAJOR EXPWYS - CLOSE TO SHOPPING. AND MUCH MORE. SELLERS ATTORNEY ALONG WITH THE LISTING AGENT TIM SOTIS WILL BE ABLE TO ASSIST WITH THE INSURANCE DOCUMENTS AND DISCLOSURE OF THE PRESENT CONDITION OF THE PROPERTY. GREAT BUILDER PROPERTY TO MAKE SAID REPAIRS AND RE-SELL FOR A GREAT PROFIT! OR, IF PURCHASED FROM A BUYER DIRECTLY, THE LISTING AGENT HAS 2-3 BUILDERS AND ARCHITECTS TO ASSIST IN PUTTING A DEAL TOGETHER. THIS IS THE PERFECT TIME OF YEAR TO BUILD, SO IF INTERSTED, MOVE QUICKLY TO ALLOW TIME FOR PERMITS AND CONSTRUCTION. RE/MAX ALL PRO AND TIM SOTIS AS LISTING AGENT HAVE INPUTTED THIS LISTING IN THE MLS WITH ALL THE INFORMATION THE PROPERTY HAD WHEN IT WAS LIVED IN. RE/MAX ALL PRO AND TIM SOTIS AS DESIGNATED AGENT TO NO NOT MAKE AN REPRESENTATIONS OF THE CONDTION AND OR INSURANCE MATTERS. THIS WILL BE ADDRESSED UNDER THE ATTORNEY REVIEW PERIOD OF THE 7.0 SALES CONTRACT. ALL IN ALL......GREAT OPPORTUNITY FOR THE RIGHT BUYER!!!

Last Agent to Sell the Property

Tim Sotis

RE/MAX All Pro License #471008033 Listed on: 06/06/2021

RE/MAX All Pro

Last Buyer's Agent

Tim Sotis

RE/MAX All Pro License #471008033 Listed on: 06/06/2021

RE/MAX All Pro

Property Details

Property Type

  • Land

Year Built

  • 1997

Lot Details

  • 0.35 Acre Lot
  • Corner Lot
  • Property is zoned SINGL

Parking

  • Driveway

Schools

  • Timber Trails Elementary School
  • Larsen Middle School
  • Elgin High School

Utilities

  • Electricity To Lot Line
  • Gas Available

Community Details

  • Bridlewood Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Property Type

Land

Year Built

1997

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Single Family
  • Road Surface Type: Asphalt
  • Subdivision Name: Bridlewood
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1997

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 115
  • Frontage Type: City Street
  • List Price: 170000
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0
  • Driveway: Asphalt

Utilities

  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Sewer-Storm Available, Water-Municipal, Water to Site

Schools

  • Elementary School: Timber Trails Elementary School
  • High School: Elgin High School
  • Middle/Junior School: Larsen Middle School
  • Middle/Junior School District: 46

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.35
  • Lot Dimensions: 15423
  • Zoning: SINGL
  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Estimated Land Sq Ft: 15423
  • Land Description: Walk-out

Rental Info

  • Board Number: 10
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 6144
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2021
Closed on
Sep 1, 2021
Sold by
Eladl Asim E and Ibrahim Eman
Bought by
Corral Everardo and Corral Martha
Seller's Agent
Tim Sotis
RE/MAX All Pro
Buyer's Agent
Tim Sotis
RE/MAX All Pro
Sold Price
$110,000
Total Days on Market
71
Current Estimated Value
$524,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$414,781
Avg. Annual Appreciation
51.52%

Purchase Details

Listed on
Aug 10, 2012
Closed on
Feb 15, 2013
Sold by
Banh Tuan D and Luu Buu U
Bought by
Islam Eladl Asim E and Islam Ibrahim
Seller's Agent
Susan Camiliere
RE/MAX All Pro
Buyer's Agent
Mustafa Ali
Mustafa Ali
List Price
$396,500
Sold Price
$333,500
Premium/Discount to List
-$63,000
-15.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.17%
Original Mortgage
$322,369
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 1, 2000
Sold by
Concord At Bridlewood
Bought by
Banh Tuan D and Luu Buu Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,960
Interest Rate
7.87%
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
Corral Everardo $110,000 Chicago Title Insurance Co
Islam Eladl Asim E $333,500 Precision Title
Banh Tuan D $386,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Islam Eladl Asim E $322,369
Previous Owner Banh Tuan D $278,675
Previous Owner Banh Tuan D $270,000
Previous Owner Banh Tuan D $304,960
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2021 09/01/21 Sold $110,000 -51.1% $34 / Sq Ft
08/17/2021 08/17/21 Pending -- -- --
08/04/2021 08/04/21 For Sale -- -- --
07/27/2021 07/27/21 Pending -- -- --
06/16/2021 06/16/21 For Sale -- -- --
06/13/2021 06/13/21 Pending -- -- --
06/06/2021 06/06/21 For Sale $225,000 -32.5% $69 / Sq Ft
02/15/2013 02/15/13 Sold $333,500 -1.6% $103 / Sq Ft
11/15/2012 11/15/12 Pending -- -- --
11/03/2012 11/03/12 Price Changed $339,000 -3.1% $104 / Sq Ft
10/26/2012 10/26/12 Price Changed $349,800 -2.6% $108 / Sq Ft
09/29/2012 09/29/12 Price Changed $359,000 -4.2% $111 / Sq Ft
09/18/2012 09/18/12 Price Changed $374,800 -0.8% $116 / Sq Ft
08/27/2012 08/27/12 Price Changed $378,000 -4.7% $116 / Sq Ft
08/10/2012 08/10/12 For Sale $396,500 -- $122 / 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 $8,166 $29,013 $10,025 $18,988
2023 $8,166 $29,013 $10,025 $18,988
2022 $8,166 $29,013 $10,025 $18,988
2021 $6,674 $23,027 $9,253 $13,774
2020 $11,275 $36,801 $9,253 $27,548
2019 $11,172 $40,891 $9,253 $31,638
2018 $12,091 $40,470 $8,097 $32,373
2017 $11,853 $40,470 $8,097 $32,373
2016 $11,359 $40,470 $8,097 $32,373
2015 $11,274 $37,062 $7,325 $29,737
2014 $11,972 $37,062 $7,325 $29,737
2013 $11,578 $39,784 $7,325 $32,459
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11113295

Midwest Real Estate Data (MRED)

APN: 06-04-210-016-0000