NOT LISTED FOR SALE

Estimated Value: $505,000

0.98 Acre
$515,306 Price per Acre
42,689 Sq Ft Lot

Last Sold September 12, 2018

Last sale price $80,000 $105 Per Sq Ft

Est. 531% increase in value since last sale

Current estimated payment $2,793/month

94 Days on Market

About This Lot

As of September 2018

YOU CAN BUILD 4 UNIT BUILDING ON THIS GREAT LOT. ADJACENT TO THE ROBERT A. BLACK GOLF COURSE ON QUIET DEAD END STREET. ALLEY ACCESS TO PROPERTY VIA ALBION WEST OF DAMEN. R4 ZONING ALLOWS CONSTRUCTION OF A LARGER HOME OR A FOUR UNIT BUILDING OF 4 UNITS 1600 SF EACH.

Last Agent to Sell the Property

Nadia Appel

Berkshire Hathaway HomeServices Chicago Listed on: 04/30/2018

Berkshire Hathaway HomeServices Chicago

Co-Listed By

Robert Appel

Berkshire Hathaway HomeServices Chicago License #475107913

Last Buyer's Agent

Eric Feldman

Turn-Key Realty, LLC License #471008469

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,626

Lot Details

Property Details

Property Type

Land

Est. Annual Taxes

$1,626

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential-Multi-Family, Residential-Single Family
  • Ownership Type: Limited Partnership
  • Potential Use: Residential-Multi-Family, Residential-Single Family
  • Utilities To Site: Electric to Site
  • Zoning Type: MULTI
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Road Surface: Asphalt

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Frontage Access: City Street
  • Front Footage: 35

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 31 X 157
  • Estimated Land Sq Ft: 4281
  • Parcel Identification Number: 11313030060000

Tax Info

  • Taxes: 1286

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2018
Closed on
Sep 10, 2018
Sold by
Saad Investments Group Llc
Bought by
Grand Retail Llc
Seller's Agent
Nadia Appel
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Eric Feldman
Turn-Key Realty, LLC
List Price
$99,000
Sold Price
$80,000
Premium/Discount to List
-$19,000
-19.19%
Current Estimated Value
$505,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$425,000
Avg. Annual Appreciation
29.49%
Original Mortgage
$114,100
Interest Rate
5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 13, 2012
Sold by
Devon Bank Client Services Llc #127
Bought by
Saad Investments Group Llc

Purchase Details

Closed on
May 28, 2010
Sold by
Devon Bank
Bought by
Devon Bank Client Services Llc #127

Purchase Details

Closed on
Jun 19, 2009
Sold by
Kmu Limited Partnership
Bought by
Devon Bank

Purchase Details

Closed on
Jun 30, 2005
Sold by
Umrani Akhtar H and Umarani Akhtar H
Bought by
Kmu Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,037,000
Interest Rate
6%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 29, 2003
Sold by
Umrani Asad
Bought by
Umarani Akhtar H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
6.9%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 14, 2001
Sold by
Harb Claude A
Bought by
Umrani Asad and Omrani Asad A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
6.93%

Purchase Details

Closed on
Jul 29, 1996
Sold by
Kilroy Grace
Bought by
Harb Claude A and Rovner Jacqueline B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
8.33%
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
Grand Retail Llc $80,000 Chicago Title
Saad Investments Group Llc $40,000 None Available
Devon Bank Client Services Llc #127 -- None Available
Devon Bank -- Ctcc
Kmu Lp $300,000 --
Umarani Akhtar H $250,000 Multiple
Umrani Asad $215,000 --
Harb Claude A $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Grand Retail Llc $114,100
Previous Owner Kmu Lp $1,037,000
Previous Owner Umarani Akhtar H $237,500
Previous Owner Umrani Asad $193,500
Previous Owner Harb Claude A $99,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2018 09/12/18 Sold $80,000 -19.2% $105 / Sq Ft
08/02/2018 08/02/18 Pending -- -- --
04/30/2018 04/30/18 For Sale $99,000 -- $130 / Sq Ft
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 $1,626 $9,632 $9,632 --
2023 $1,585 $7,706 $7,706 --
2022 $1,585 $7,706 $7,706 $0
2021 $1,549 $7,705 $7,705 $0
2020 $1,621 $7,277 $7,277 $0
2019 $1,462 $7,277 $7,277 $0
2018 $1,437 $7,277 $7,277 $0
2017 $1,382 $6,421 $6,421 $0
2016 $1,286 $6,421 $6,421 $0
2015 $1,177 $6,421 $6,421 $0
2014 $1,112 $5,993 $5,993 $0
2013 $1,090 $5,993 $5,993 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09933133

Midwest Real Estate Data (MRED)

APN: 11-31-303-006-0000