NOT LISTED FOR SALE

545 Ridge Rd Wilmette, IL 60091

Estimated Value: $667,198 - $935,000

0.17 Acre
$4,752,320 Price per Acre
7,492 Sq Ft Lot

Last Sold August 16, 2018

Last sale price $500,000

Est. 63% increase in value since last sale

Current estimated payment $6,028/month

6 Days on Market

Highlights

  • Property is near a bus stop
  • McKenzie Elementary School Rated A
  • Central Air

About This Lot

As of August 2018

Here is a unique opportunity to own a spacious multi-unit building, or build on an ideally located lot in Wilmette. This centrally located building is in the McKenzie school area and is close to the Metra line, shops, restaurants and parks. It is also situated on a wonderful corner lot whose topography is high and dry. Property is zoned to allow building a single family home or 2 townhomes.

Last Agent to Sell the Property

John Nash

Jameson Sotheby's International Realty License #475097425 Listed on: 06/14/2018

Jameson Sotheby's International Realty

Co-Listed By

Ted Nash

Jameson Sotheby's Intl Realty

Last Buyer's Agent

John Nash

Jameson Sotheby's International Realty License #475097425 Listed on: 06/14/2018

Jameson Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,699

Lot Details

Location

  • Property is near a bus stop

Utilities

  • Central Air
  • Heating System Uses Gas

Property Details

Property Type

Land

Est. Annual Taxes

$17,699

Lot Details

0

Listing Details

  • Property Type: Land
  • General Information: School Bus Service, Commuter Bus, Commuter Train
  • Ownership: Fee Simple
  • Current Use: Commercial
  • Utilities To Site: Electric to Site, Gas to Site, Sanitary Sewer to Site, Water-Municipal, Water to Site
  • Zoning Type: MULTI
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Road Surface: Asphalt

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Frontage Access: City Street
  • Front Footage: 50

Utilities

  • Air Conditioner: Central Air
  • Heating Fuel: Gas

Schools

  • School District: 203
  • Elementary School: MCKENZIE ELEMENTARY SCHOOL
  • Middle School: WILMETTE JUNIOR HIGH SCHOOL
  • High School: NEW TRIER TWP H.S. NORTHFIELD/WI
  • Junior High Dist: 39

Lot Info

  • Lot Dimensions: 50 X 150
  • Parcel Identification Number: 05331130190000

Building Info

  • Buildings On Land: Yes

Tax Info

  • Taxes: 8495.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2018
Closed on
Aug 14, 2018
Sold by
Nash Robert and Nash Michael A
Bought by
545 Ridge Road Llc
Seller's Agent
John Nash
Jameson Sotheby's International Realty
Buyer's Agent
John Nash
Jameson Sotheby's International Realty
List Price
$495,000
Sold Price
$500,000
Premium/Discount to List
$5,000
1.01%
Current Estimated Value
$817,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,399
Avg. Annual Appreciation
6.23%
Original Mortgage
$325,000
Outstanding Balance
$285,158
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving
Estimated Equity
$471,440

Purchase Details

Closed on
Dec 29, 2003
Sold by
Nash Rita A
Bought by
Nash Robert and Nash Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5.77%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 10, 1999
Sold by
Nash Rita A
Bought by
Nash Rita A and Rita A Nash Trust
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
545 Ridge Road Llc $500,000 Chicago Title
Nash Robert $300,000 Multiple
Nash Rita A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 545 Ridge Road Llc $325,000
Previous Owner Nash Robert $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2018 08/16/18 Sold $500,000 +1.0% --
06/20/2018 06/20/18 Pending -- -- --
06/14/2018 06/14/18 For Sale $495,000 -- --
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
2024 $17,699 $54,675 $13,125 $41,550
2023 $16,752 $78,000 $13,125 $64,875
2022 $16,752 $78,000 $13,125 $64,875
2021 $11,935 $45,940 $9,375 $36,565
2020 $11,740 $45,940 $9,375 $36,565
2019 $11,775 $51,618 $9,375 $42,243
2018 $9,298 $39,083 $7,875 $31,208
2017 $9,041 $39,083 $7,875 $31,208
2016 $8,495 $39,083 $7,875 $31,208
2015 $9,243 $37,234 $6,562 $30,672
2014 $9,096 $37,234 $6,562 $30,672
2013 $8,687 $37,234 $6,562 $30,672
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09986034

Midwest Real Estate Data (MRED)

APN: 05-33-113-019-0000