NOT LISTED FOR SALE

Estimated Value: $353,000

0.35 Acre
$1,008,571 Price per Acre
15,246 Sq Ft Lot

Last Sold December 29, 2023

Last sale price $45,000

Est. 684% increase in value since last sale

Current estimated payment $2,173/month

About This Lot

As of December 2023

Important corner in the up and coming Washington Park neighborhood to be developed as a commercial piece or multi-family. Lot size is 97' X 162'. Utilities to the site include electric, sanitary/sewer and water. Drive by and let's talk.

Last Agent to Sell the Property

Nicholas Colagiovanni

Baird & Warner License #475132688 Listed on: 12/18/2023

Baird & Warner

Last Buyer's Agent

Nicholas Colagiovanni

Baird & Warner License #475132688 Listed on: 12/18/2023

Baird & Warner

Property Details

Property Type

  • Land

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 97 x 162
  • Property is zoned COMMR

Utilities

  • Electricity To Lot Line
  • Gas Available

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Commercial
  • Road Surface Type: Asphalt
  • General Information: Commuter Bus,Interstate Access
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 97
  • Frontage Type: City Street
  • List Price: 60000
  • Waterfront: No

Utilities

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.35
  • Lot Dimensions: 97 X 162
  • Zoning: COMMR
  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Estimated Land Sq Ft: 15714
  • Land Description: Cleared,Level
  • Total Listed Lots Avail: 1

Rental Info

  • Board Number: 8
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 2848.88
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2023
Closed on
Dec 29, 2023
Sold by
Chicago Title Land Trust Co
Bought by
Chicago Trust Company Na
Seller's Agent
Nicholas Colagiovanni
Baird & Warner
Buyer's Agent
Nicholas Colagiovanni
Baird & Warner
List Price
$60,000
Sold Price
$45,000
Premium/Discount to List
-$15,000
-25%
Views
9
Current Estimated Value
$353,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,000
Avg. Annual Appreciation
281.82%

Purchase Details

Closed on
May 9, 2008
Sold by
Halawa Abdo
Bought by
Founders Bank and Trust #7218

Purchase Details

Closed on
Jan 18, 2008
Sold by
Chicago Title Land Trust Co
Bought by
Halawa Abdo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
7.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 20, 2007
Sold by
Huffman Roy
Bought by
Chicago Title Land Trust Co and Trust #8002349953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
7.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 9, 2007
Sold by
Orr David D
Bought by
West Town Buyers Group

Purchase Details

Closed on
Dec 15, 2000
Sold by
Orr David D
Bought by
City Of Chicago
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
Chicago Trust Company Na $45,000 None Listed On Document
Founders Bank $210,000 Git
Halawa Abdo $140,000 Chicago Title Land Trust Co
Chicago Title Land Trust Co $100,000 Chicago Title Land Trust Co
West Town Buyers Group -- None Available
City Of Chicago -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Halawa Abdo $98,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2023 12/29/23 Sold $45,000 -25.0% --
12/19/2023 12/19/23 Pending -- -- --
12/18/2023 12/18/23 For Sale $60,000 -- --
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 $2,990 $4,504 $4,504 --
2023 $2,914 $14,126 $14,126 --
2022 $2,914 $14,126 $14,126 $0
2021 $2,849 $14,125 $14,125 $0
2020 $3,147 $14,125 $14,125 $0
2019 $2,838 $14,125 $14,125 $0
2018 $2,790 $14,125 $14,125 $0
2017 $2,534 $11,771 $11,771 $0
2016 $2,358 $11,771 $11,771 $0
2015 $2,157 $11,771 $11,771 $0
2014 $2,184 $11,771 $11,771 $0
2013 $2,141 $11,771 $11,771 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11948514

Midwest Real Estate Data (MRED)

APN: 20-15-300-011-0000