NOT LISTED FOR SALE

541 Bob Blair Rd Minooka, IL 60447

Estimated Value: $2,473,893

1.41 Acres
$1,754,534 Price per Acre
61,420 Sq Ft Lot

Last Sold May 11, 2021

Last sale price $675,000

Est. 267% increase in value since last sale

Current estimated payment $16,361/month

725 Days on Market

About This Lot

As of May 2021

1.2 acre commercial-retail lot available on Ridge Rd. in Minooka. Adjoining new Hampton Inn & Suites Hotel, Marriott Townplace Suites, banks and other retail businesses. Great location for a restaurant, bar & grill and other retail uses. Located just south of the I-80 interchange in Minooka (SW Suburbs). Good traffic counts with easy access from the interstate.

Last Agent to Sell the Property

Peter Fleming

Marquette Properties, Inc License #471007276 Listed on: 05/16/2019

Co-Listed By

Mike Fleming

Marquette Properties, Inc License #475130622

Last Buyer's Agent

Peter Fleming

Marquette Properties, Inc License #471007276 Listed on: 05/16/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $689

Lot Details

Property Details

Property Type

Land

Est. Annual Taxes

$689

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Commercial, Platted
  • Ownership Type: Corporation
  • Subdivision Lot Number: 5
  • Utilities To Site: Electric to Site, Gas to Site, Sanitary Sewer to Site, Sewer-Storm Available, Water-Municipal
  • Zoning Type: COMMR
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Road Surface: Asphalt

Exterior Features

  • Lot Size: 1.0-1.99 Acres
  • Acreage: 1.41
  • Frontage Access: City Street
  • Front Footage: 318

Schools

  • School District: 111
  • Elementary School: Minooka Elementary School
  • Middle School: Minooka Intermediate School
  • High School: Minooka Community High School
  • Junior High Dist: 201

Lot Info

  • Lot Dimensions: 318X350
  • Estimated Land Sq Ft: 61420
  • Parcel Identification Number: 0302276008

Tax Info

  • Taxes: 633.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2022
Sold by
Glazier Minooka Llc
Bought by
Southern Land Development Llc
Total Days on Market
725
Current Estimated Value
$2,473,893

Purchase Details

Closed on
Feb 17, 2021
Sold by
Minooka Bbr Ventures Llc
Bought by
Glazier Minooka Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,425,000
Interest Rate
2.65%
Mortgage Type
Commercial
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
Glazier Minooka Llc $675,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glazier Minooka Llc $1,425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2021 05/11/21 Sold $675,000 -3.4% --
05/16/2019 05/16/19 For Sale $699,000 -- --
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
2021 $689 $8,464 $8,464 $0
2020 $675 $8,097 $8,097 $0
2019 $641 $7,497 $7,497 $0
2018 $650 $7,413 $7,413 $0
2017 $633 $7,079 $7,079 $0
2016 $298 $6,645 $6,645 $0
2015 $1,325 $22,923 $22,923 $0
2014 $511 $6,177 $6,177 $0
2013 $524 $6,260 $6,260 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10382368

Midwest Real Estate Data (MRED)

APN: 03-02-276-008