NOT LISTED FOR SALE

Estimated Value: $281,000 - $397,000

0.54 Acre
$608,580 Price per Acre
23,522 Sq Ft Lot

Last Sold January 19, 2024

Last sale price $244,000

Est. 35% increase in value since last sale

Current estimated payment $2,203/month

109 Days on Market

About This Lot

As of January 2024

WOW!!! What an amazing opportunity to create the home of your dreams on this oversized lot 82.62x282.14 (.54 ac) in desirable Downers Grove! Rare opportunity to find a lot of this size and quality in Downers Grove available right now! This wooded lot offers endless possibilities! Are you looking to create a private retreat? How about designing a curved driveway - leading to your secluded home tucked away on the rear of the property. Or, remove some of the trees along the front allowing you to showcase your gorgeous new home for all to see! Whatever your building style -this lot is waiting for you to make it your home!! ******** Water, Sewer, all utilities on the East side of Fairview in front of lot. Do you need a referral for a reliable professional builder --- or, do you need a lot loan/construction loan--- please contact the listing agent for referrals. ***** Metra train - 10 minutes - North on Fairview to the station. *** Downtown Chicago - about 25 minutes on I-55. ( just minutes away) *** Downtown Downers Grove is exploding with a myriad of restaurants, including outdoor dining, festivals, it's just a flurry of activity! Be sure to drive through Downtown Downers before or after you check out the lot!

Last Agent to Sell the Property

Laura Bauske

Baird & Warner License #475207067 Listed on: 08/24/2023

Baird & Warner

Last Buyer's Agent

Laura Bauske

Baird & Warner License #475207067 Listed on: 08/24/2023

Baird & Warner

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,442

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 82.62x282.14
  • Property is zoned SINGL

Schools

  • El Sierra Elementary School
  • O Neill Middle School
  • South High School

Utilities

  • Electricity To Lot Line
  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$4,442

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Single Family
  • Road Surface Type: Concrete
  • General Information: None
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • List Price: 245000
  • Waterfront: No

Utilities

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

Schools

  • Elementary School: El Sierra Elementary School
  • High School: South High School
  • Middle/Junior School: O Neill Middle School
  • Middle/Junior School District: 58

Lot Info

  • Lot Size Acres: 0.54
  • Lot Dimensions: 82.62X282.14
  • Zoning: SINGL
  • Lot Size: .50-.99 Acre
  • Special Assessments: N
  • Estimated Land Sq Ft: 23,311
  • Land Description: Wooded

Rental Info

  • Board Number: 10
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 4442
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2023
Closed on
Jan 25, 2024
Sold by
Jayanti Patel Real Estate Development Co
Bought by
Wzorek George and Wzorek Karen
Seller's Agent
Laura Bauske
Baird & Warner
Buyer's Agent
Laura Bauske
Baird & Warner
List Price
$259,900
Sold Price
$244,000
Premium/Discount to List
-$15,900
-6.12%
Views
61
Current Estimated Value
$328,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,633
Avg. Annual Appreciation
16.67%

Purchase Details

Closed on
Feb 20, 2004
Sold by
Lasalle Bank Na
Bought by
Jayanti Patel Real Estate Development Co
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
Wzorek George $244,000 Baird & Warner Title
Jayanti Patel Real Estate Development Co $220,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jayanti Patel Real Estate Development Co $2,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2024 01/19/24 Sold $244,000 -0.4% --
12/12/2023 12/12/23 Pending -- -- --
10/31/2023 10/31/23 Price Changed $245,000 -5.7% --
08/24/2023 08/24/23 For Sale $259,900 -- --
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 $4,846 $84,642 $84,642 --
2023 $4,625 $77,810 $77,810 $0
2022 $4,442 $75,480 $75,480 $0
2021 $4,160 $74,620 $74,620 $0
2020 $4,086 $73,140 $73,140 $0
2019 $3,964 $70,180 $70,180 $0
2018 $3,993 $69,870 $69,870 $0
2017 $3,873 $67,230 $67,230 $0
2016 $3,805 $64,160 $64,160 $0
2015 $3,775 $60,360 $60,360 $0
2014 $3,783 $58,690 $58,690 $0
2013 $3,707 $58,410 $58,410 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11868146

Midwest Real Estate Data (MRED)

APN: 09-20-209-071