NOT LISTED FOR SALE

701 Lee St Des Plaines, IL 60016

Estimated Value: $11,783,441

Studio
-- Bath
211,000 Sq Ft
$56/Sq Ft Est. Value

About This Home

This home is located at 701 Lee St, Des Plaines, IL 60016 and is currently estimated at $11,783,441, approximately $55 per square foot. 701 Lee St is a home located in Cook County with nearby schools including Central Elementary School, Chippewa Middle School, and Maine West High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2024
Sold by
Imperial 701 Lee Street Llc
Bought by
Klairmont Family Llc
Current Estimated Value
$11,783,441

Purchase Details

Closed on
Sep 28, 2018
Sold by
Chicago Title Land Trust Co
Bought by
Imperial 701 Lee Street Llc

Purchase Details

Closed on
May 6, 2003
Sold by
701 Lee Llc
Bought by
North Star Trust Co and Trust #03-6076

Purchase Details

Closed on
Dec 22, 1997
Sold by
U S Bank National Assn
Bought by
701 Lee Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,500,000
Interest Rate
7.28%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 22, 1994
Sold by
The First National Bank Of Des Plaines
Bought by
Boulevard Bank National Assn
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Klairmont Family Llc -- None Listed On Document
Klairmont Family Llc -- None Listed On Document
Imperial 701 Lee Street Llc $8,500,000 Chicago Title Land Trust Com
North Star Trust Co $12,750,000 --
North Star Trust Co $12,750,000 --
701 Lee Llc $5,500,000 --
Boulevard Bank National Assn $6,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 701 Lee Llc $6,500,000
Closed North Star Trust Co $0
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
2025 $647,087 $2,677,250 $130,292 $2,546,958
2024 $647,087 $2,169,509 $81,071 $2,088,438
2023 $631,526 $2,454,296 $81,071 $2,373,225
2022 $631,526 $2,454,296 $81,071 $2,373,225
2021 $549,323 $1,787,076 $81,070 $1,706,006
2020 $753,657 $2,493,953 $81,070 $2,412,883
2019 $571,875 $2,125,000 $81,070 $2,043,930
2018 $427,145 $1,428,263 $52,116 $1,376,147
2017 $414,666 $1,411,479 $52,116 $1,359,363
2016 $420,111 $1,511,835 $52,116 $1,459,719
2015 $589,070 $1,948,534 $46,326 $1,902,208
2014 $641,692 $2,168,315 $46,326 $2,121,989
2013 $587,965 $2,037,500 $46,326 $1,991,174
Source: Public Records

Map

Illinois Cook County Des Plaines 60016

701 Lee St, Des Plaines, IL

Not Listed for Sale

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