$425,000
SOLD MAY 23, 2022

547 S Berkley Ave Elmhurst, IL 60126

0.2 Acre
-- Price per Acre
-- Sq Ft Lot

Recently Sold

14% Below List Price

9 Days on Market

About This Lot

As of October 2023

Build your Dream Home on this wide 62.5 x 140 lot, perfect for a three car garage! Highly sought after Elmhurst location steps to the brand new Lincoln Elementary School, Prairie Path, restaurants, bars, and shopping. Fantastic neighborhood with many new construction homes. There is a charming 2 BR house in great condition with a newer roof and windows currently on the property. Please do not walk the property without a confirmed showing, the house is occupied.

Last Agent to Sell the Property

Lisa Zeller-O'Malley

Coldwell Banker Realty License #475163654 Listed on: 04/11/2022

Coldwell Banker Realty

Last Buyer's Agent

Tim Schiller

@properties Christie's International Real Estate License #475127707

@properties Christie's International Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,323

Year Built

  • 2023

Lot Details

  • Lot Dimensions are 62.5 x 140

Schools

  • Lincoln Elementary School
  • Bryan Middle School
  • York Community High School

Utilities

  • Electricity To Lot Line
  • Gas Available

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Property Type

Land

Est. Annual Taxes

$7,323

Year Built

2023

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Single Family
  • Road Surface Type: Asphalt
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2023

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • List Price: 495000
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: Electric to Site, Gas to Site, Water to Site

Schools

  • Elementary School: Lincoln Elementary School
  • High School: York Community High School
  • Middle/Junior School: Bryan Middle School
  • Middle/Junior School District: 205

Lot Info

  • Lot Dimensions: 62.5 X 140
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 7322.72
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2022
Closed on
Oct 4, 2023
Sold by
Te Mckenna Builders Inc
Bought by
Peart Joseph B and Peart Elizabeth J
Seller's Agent
Tim Schiller
@properties Christie's International Real Estate
Buyer's Agent
Jeffrey Proctor
@properties Christie's International Real Estate
List Price
$1,650,000
Sold Price
$1,650,000
Total Days on Market
9
Views
120
Current Estimated Value
$1,541,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$108,578
Avg. Annual Appreciation
-3.99%
Original Mortgage
$1,320,000
Interest Rate
7.31%

Purchase Details

Listed on
Apr 11, 2022
Closed on
May 6, 2022
Sold by
Logan Randall R and Logan Cathy M
Bought by
Te Mckenna Builders Inc
Seller's Agent
Lisa Zeller-O'Malley
Coldwell Banker Realty
Buyer's Agent
Tim Schiller
@properties Christie's International Real Estate
List Price
$495,000
Sold Price
$425,000
Premium/Discount to List
-$70,000
-14.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
169.15%
Source: Public Records

Similar Properties in the area

  • Unlisted Address

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    • Land
    • 0.15 Acre
    • $2,500,000 per Acre

    Go and show. Walk the lot.

    Joseph Mei EAR Real Estate, Ltd.

    Section Image
  • 426 E Harrison St, Elmhurst, IL 60126

    $399,900

    • Land
    • 0.23 Acre
    • $1,738,696 per Acre
    • 426 E Harrison St
    • Elmhurst, IL

    Giddy-up and go on this vacant 56x180 lot in S. Elmhurst with quick highway access to all of Chicagoland, Oak Brook Mall/Restaurants, Butterfield Park, and Elmhurst-Edwards Hospital. No demo cost with engineering and construction fencing ready to go and included. Surrounded my multi-million dollar homes. Hard to find lot size in Elmhurst for under 500k!

    Mike Muisenga Berkshire Hathaway HomeServices Prairie Path REALT

    Section Image

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 $1,650,000 None Listed On Document
Warranty Deed $425,000 Burnett Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,319,000 New Conventional
Closed $1,320,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2023 10/04/23 Sold $1,650,000 0.0% $400 / Sq Ft
06/07/2022 06/07/22 Pending -- -- --
06/07/2022 06/07/22 For Sale $1,650,000 +288.2% $400 / Sq Ft
05/23/2022 05/23/22 Sold $425,000 -14.1% --
04/21/2022 04/21/22 Pending -- -- --
04/11/2022 04/11/22 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
2023 $11,779 $194,020 $95,020 $99,000
2022 $7,172 $129,280 $91,340 $37,940
2021 $7,626 $136,630 $89,070 $47,560
2020 $7,323 $133,640 $87,120 $46,520
2019 $7,149 $127,060 $82,830 $44,230
2018 $6,544 $116,630 $78,400 $38,230
2017 $6,380 $111,140 $74,710 $36,430
2016 $6,552 $104,700 $70,380 $34,320
2015 $6,479 $97,540 $65,570 $31,970
2014 $6,068 $84,740 $52,060 $32,680
2013 $6,004 $85,930 $52,790 $33,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11371848

Midwest Real Estate Data (MRED)

APN: 06-11-131-002