NOT LISTED FOR SALE

7226 W 60th Place Summit Argo, IL 60501

Estimated Value: $277,655 - $319,000

0.08 Acre
$3,652,050 Price per Acre
3,485 Sq Ft Lot

Last Sold October 13, 2023

Last sale price $20,000 $18 Per Sq Ft

Est. 1,361% increase in value since last sale

Current estimated payment $1,595/month

2 Days on Market

About This Lot

As of October 2023

MULTIPLE OFFERS RECEIVED - HIGHEST & BEST BY 7:00 PM 9/1/2023 Great Lot 30'x125.4' available to build your beautiful dream home. Add to the the home (MLS #11868205) to the east for your own piece of paradise. Lot has additional water spigots used for the garden. Located directly across from the beautiful Legion Park and around the corner from Otis P. Graves Elementary. The Harlem Road corridor offers loads of restaurants, shops and services. Quick access to Route 55 and on to Chicago Midway International Airport.

Last Agent to Sell the Property

Catherine LaBelle

Baird & Warner License #475131042 Listed on: 08/30/2023

Baird & Warner

Last Buyer's Agent

Juan Balbuena

RE/MAX Mi Casa License #475137789

RE/MAX Mi Casa

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $984

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30x125.4
  • Property is zoned SINGL

Parking

  • Off Alley Driveway

Schools

  • Otis P Graves Elementary School
  • Heritage Middle School
  • Argo Community High School

Utilities

  • No Cooling
  • No Heating
  • Gas Available at Street

Community Details

Amenities

  • No Laundry Facilities

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$984

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Road Surface Type: Asphalt
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: Land
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family
  • Basement Description: None
  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0
  • Driveway: Off Alley

Utilities

  • Cooling: None
  • Heating: None
  • Laundry Features: None
  • Utilities: Electric Nearby, Gas Nearby, Sewer-Storm Available, Water to Site

Schools

  • Elementary School: Otis P Graves Elementary School
  • High School: Argo Community High School
  • Middle/Junior School: Heritage Middle School

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 30X125.4
  • Zoning: SINGL
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Land Amenities: Fencing,Park/Playground,Sidewalks
  • Land Description: Level

Rental Info

  • Board Number: 10

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 983.7
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2023
Closed on
Oct 12, 2023
Sold by
Ann M Faynik Trust
Bought by
Rodriguez Gabriel
Seller's Agent
Catherine LaBelle
Baird & Warner
Buyer's Agent
Juan Balbuena
RE/MAX Mi Casa
List Price
$20,000
Sold Price
$20,000
Views
24
Current Estimated Value
$292,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,164
Avg. Annual Appreciation
200.12%
Original Mortgage
$6,000
Interest Rate
7.12%

Purchase Details

Closed on
Jun 2, 2016
Sold by
Faynik Ann M
Bought by
Faynik Ann M and Ann M Faynik Trust
Source: Public Records
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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
Rodriguez Gabriel $242,000 None Listed On Document
Faynik Ann M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Rodriguez Gabriel $6,000
Open Rodriguez Gabriel $237,616
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2023 10/13/23 Sold $20,000 0.0% $18 / Sq Ft
09/02/2023 09/02/23 Pending -- -- --
08/30/2023 08/30/23 For Sale $20,000 -- $18 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $413 $24,000 $2,809 $21,191
2024 $413 $24,000 $2,809 $21,191
2023 $524 $24,000 $2,809 $21,191
2022 $524 $15,766 $2,422 $13,344
2021 $497 $15,764 $2,421 $13,343
2020 $474 $15,764 $2,421 $13,343
2019 $560 $17,003 $2,228 $14,775
2018 $543 $17,003 $2,228 $14,775
2017 $532 $17,003 $2,228 $14,775
2016 $1,609 $14,464 $1,937 $12,527
2015 $1,639 $14,464 $1,937 $12,527
2014 $4,507 $14,464 $1,937 $12,527
2013 $1,443 $15,226 $1,937 $13,289
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11868247

Midwest Real Estate Data (MRED)

APN: 18-13-410-043-0000

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