NOT LISTED FOR SALE

6501 S Elm St Burr Ridge, IL 60527

Estimated Value: $1,205,000 - $2,001,000

2.37 Acres
$729,301 Price per Acre
103,237 Sq Ft Lot

Last Sold January 03, 2023

Last sale price $1,678,725

Est. 3% increase in value since last sale

Current estimated payment $10,680/month

About This Lot

As of January 2023

A hidden treasure, very rarely available in a posh location! This is a flat 2.38-acre private lot in a very desirable area of Burr Ridge, next to Hinsdale with Hinsdale Central schools, surrounded by gorgeous estate homes that line South Elm Street, large enough to build a dream house with a pool, exterior entertainment area, sports court, kids playground, as per your dream. The land is secured with a black wrought iron fence & a beautiful solid gate. All the utilities already to the site - Electricity, Gas, Sanitary Sewer, Municipal, waiting to be built. School Bus Service, Interstate Access, and Just minutes from the restaurants and shops. Such a beautiful 2.38-acre private lot with Award wining great Hinsdale schools in this prestigious area is ready to build as your dream home!!!

Last Agent to Sell the Property

Nutan Bansal

Coldwell Banker Realty License #475121519 Listed on: 11/17/2022

Coldwell Banker Realty

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $16,068

Lot Details

  • 2.37 Acre Lot
  • Lot Dimensions are 165 x 627
  • Property is zoned SINGL

Schools

  • Elm Elementary School
  • Hinsdale Middle School
  • Hinsdale Central High School

Utilities

  • Electricity To Lot Line
  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$16,068

Lot Details

0

Listing Details

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

Exterior Features

  • Frontage Length: 165
  • Frontage Type: City Street
  • List Price: 1999000
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

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

Schools

  • Elementary School: Elm Elementary School
  • High School: Hinsdale Central High School
  • Middle/Junior School: Hinsdale Middle School
  • Middle/Junior School District: 181

Lot Info

  • Lot Size Acres: 2.37
  • Lot Dimensions: 165 X 627
  • Zoning: SINGL
  • Lot Size: 2.0-2.99 Acres
  • Special Assessments: N
  • Estimated Land Sq Ft: 102305
  • Land Description: Cleared,Wooded

Rental Info

  • Board Number: 10

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 16068.04
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2022
Closed on
Jan 3, 2023
Sold by
Agrawal Pankaj and Agrawal Prabha
Bought by
Broucek John and Broucek Jami
Seller's Agent
Nutan Bansal
Coldwell Banker Realty
Buyer's Agent
Non Member
NON MEMBER
List Price
$1,999,000
Sold Price
$1,678,725
Premium/Discount to List
-$320,275
-16.02%
Views
4
Current Estimated Value
$1,728,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,719
Avg. Annual Appreciation
1.07%
Original Mortgage
$2,182,000
Outstanding Balance
$2,111,137
Interest Rate
6.33%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$382,693

Purchase Details

Listed on
Aug 24, 2020
Closed on
Nov 10, 2020
Sold by
Salb David B
Bought by
Agrawal Pankaj and Agrawal Prabha
Seller's Agent
Matt Andelman
Dream Town Real Estate
Buyer's Agent
Nutan Bansal
Coldwell Banker Realty
List Price
$1,950,000
Sold Price
$1,600,000
Premium/Discount to List
-$350,000
-17.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.27%

Purchase Details

Listed on
Aug 24, 2020
Closed on
Nov 9, 2020
Sold by
David B Salb Trust
Bought by
Agrawal Pankaj and Agrawal Prabha
Seller's Agent
Matt Andelman
Dream Town Real Estate
Buyer's Agent
Nutan Bansal
Coldwell Banker Realty
List Price
$1,950,000
Sold Price
$1,600,000
Premium/Discount to List
-$350,000
-17.95%

Purchase Details

Closed on
Mar 28, 2014
Sold by
Salb David B
Bought by
Salb David B and The David B Salb Trust

Purchase Details

Closed on
Oct 16, 2006
Sold by
Heinemann April
Bought by
Salb David B

Purchase Details

Closed on
Jan 28, 2005
Sold by
Holub Bertha G
Bought by
Holub Bertha Grace and Bertha Grace Holub 2005 Living 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
Broucek John $1,679,000 First American Title
Agrawal Pankaj $1,600,000 Attorney
Agrawal Pankaj $1,600,000 Rosenblum Ronald
Salb David B -- None Available
Salb David B $1,500,000 First American Title
Holub Bertha Grace -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Broucek John $2,182,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2023 01/03/23 Sold $1,678,725 -16.0% --
11/19/2022 11/19/22 Pending -- -- --
11/19/2022 11/19/22 For Sale $1,999,000 +24.9% --
11/12/2020 11/12/20 Sold $1,600,000 -17.9% --
10/28/2020 10/28/20 Pending -- -- --
08/24/2020 08/24/20 For Sale $1,950,000 -- --
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 $18,189 $319,117 $319,117 --
2023 $17,359 $293,360 $293,360 $0
2022 $16,765 $290,170 $290,170 $0
2021 $16,015 $286,870 $286,870 $0
2020 $16,068 $281,190 $281,190 $0
2019 $15,978 $269,800 $269,800 $0
2018 $15,206 $268,490 $268,490 $0
2017 $14,776 $258,360 $258,360 $0
2016 $14,558 $246,570 $246,570 $0
2015 $14,612 $231,980 $231,980 $0
2014 $14,515 $225,550 $225,550 $0
2013 $14,391 $224,490 $224,490 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11676219

Midwest Real Estate Data (MRED)

APN: 09-24-201-009