NOT LISTED FOR SALE

7151 N Il Route 83 Long Grove, IL 60060

Estimated Value: $1,883,428

-- Bed
-- Bath
18,466 Sq Ft
$102/Sq Ft Est. Value

About This Home

This home is located at 7151 N Il Route 83, Long Grove, IL 60060 and is currently estimated at $1,883,428, approximately $101 per square foot. 7151 N Il Route 83 is a home located in Lake County with nearby schools including Diamond Lake Elementary School, West Oak Middle School, and Adlai E Stevenson High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2024
Sold by
Trust Number 11817 and Chicago Title Land Trust Co
Bought by
Arkey Llc
Current Estimated Value
$1,883,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,750
Outstanding Balance
$1,290,261
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$441,878

Purchase Details

Closed on
Jun 15, 2004
Sold by
Long Grove Venture Llc
Bought by
Chicago Title Land Trust Co and Trust #11817

Purchase Details

Closed on
Jan 21, 2003
Sold by
Lasalle Bank Na
Bought by
Long Grove Venture Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
6.13%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Arkey Llc $1,762,500 Chicago Title
Chicago Title Land Trust Co -- --
Chicago Title Land Trust Co -- --
Deerfield Long Grove Llc -- --
Long Grove Venture Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arkey Llc $1,300,750
Previous Owner Long Grove Venture Llc $1,400,000
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
2024 $50,276 $529,012 $213,761 $315,251
2023 $49,901 $499,162 $201,699 $297,463
2022 $49,901 $497,222 $200,915 $296,307
2021 $48,226 $491,861 $198,749 $293,112
2020 $47,586 $493,539 $199,427 $294,112
2019 $46,672 $491,720 $198,692 $293,028
2018 $44,998 $473,673 $191,400 $282,273
2017 $43,814 $462,616 $186,932 $275,684
2016 $42,594 $442,991 $179,002 $263,989
2015 $38,611 $383,718 $164,876 $218,842
2014 $37,219 $413,450 $167,065 $246,385
2012 $38,657 $403,305 $167,401 $235,904
Source: Public Records

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