NOT LISTED FOR SALE

550 N Midlothian Rd Mundelein, IL 60060

Cambridge Neighborhood

Estimated Value: $1,969,383

-- Bed
-- Bath
-- Sq Ft
2.93 Acres

About This Home

This home is located at 550 N Midlothian Rd, Mundelein, IL 60060 and is currently estimated at $1,969,383. 550 N Midlothian Rd is a home located in Lake County with nearby schools including Mechanics Grove Elementary School, Washington Early Learning Center, and Carl Sandburg Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2022
Sold by
550 N Midlothian Llc
Bought by
Vna Properties Llc and Om Group Properties Llc
Current Estimated Value
$1,969,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$365,908
Interest Rate
4.2%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,603,475

Purchase Details

Closed on
Apr 26, 2011
Sold by
Advocate Condell Medical Center
Bought by
550 N Midlothian Llc

Purchase Details

Closed on
Dec 1, 2008
Sold by
Condell Medical Center
Bought by
Advocate Condell Medical Center

Purchase Details

Closed on
Sep 10, 1996
Sold by
Albany Bank & Trust Company
Bought by
Medical Center Properties Inc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Vna Properties Llc $1,500,000 New Title Company Name
550 N Midlothian Llc -- None Available
Advocate Condell Medical Center -- None Available
Medical Center Properties Inc $1,350,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vna Properties Llc $1,200,000
Source: Public Records

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 $49,371 $507,373 $232,578 $274,795
2023 $46,271 $464,883 $213,101 $251,782
2022 $46,271 $430,116 $179,011 $251,105
2021 $44,365 $415,050 $172,741 $242,309
2020 $34,865 $403,627 $167,987 $235,640
2019 $34,865 $321,076 $162,463 $158,613
2018 $21,853 $200,649 $162,819 $37,830
2017 $21,604 $194,333 $157,694 $36,639
2016 $22,190 $193,820 $149,771 $44,049
2015 $21,753 $181,701 $140,406 $41,295
2014 $21,345 $181,701 $140,406 $41,295
2012 $19,961 $183,315 $141,653 $41,662
Source: Public Records

Map

Illinois Lake County Mundelein 60060 Cambridge

550 N Midlothian Rd, Mundelein, IL

This home is located at 550 N Midlothian Rd, Mundelein, IL 60060 and is currently estimated at $1,969,383. 550 N Midlothian Rd is a home located in Lake County with nearby schools including Mechanics Grove Elementary School, Washington Early Learning Center, and Carl Sandburg Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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