NOT LISTED FOR SALE

7250 Iron Bridge Rd Chatham, IL 62629

Chatham Area

Estimated Value: $2,036,930

Studio
-- Bath
-- Sq Ft
28 Acre Lot

Sale Details

Date Sold: July 1, 2020

Last sale price $1,650,000

Est. 23% increase in value since last sale

Current estimated payment $12,161 / mo

982 Days on Market

About This Home

As of July 2020

If you build it, they will come. This opportunity reflects the sale of the 6.37 acre commercial frontage as well as the 17.55 acre Spartan Park (also available separately at 1.5 and 1.4 respectively). The commercial frontage has endless possibilities. The magnificent 7 year old park features 6 Turf baseball/softball fields (courting between 300-400 teams per year), 3 Sand Vball courts (between 200-300 teams per year), full scale 44x44 concession stand w/ heat and a/c and interior restrooms and 3 pavilions. The business also includes liquor license, and tons of advertising potential.

Last Agent to Sell the Property

Ronald Duff

RE/MAX Professionals License #471001747 Listed on: 08/23/2017

RE/MAX Professionals

Last Buyer's Agent

The Easley Team

The Real Estate Group, Inc. License #475115865

The Real Estate Group, Inc.

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Property Type

  • Other

Lot Details

  • 28

Utilities

  • Forced Air Heating and Cooling System

Property Details

Property Type

Other

Lot Details

28 Acres

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Investment
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Tile/Vinyl

Exterior Features

  • Exterior Finish: Brick, Vinyl
  • Frontage Access: Other Frontage/Access
  • Insulation: Other Insulation
  • Roof Construction: Comp Shingle
  • Wall Construction: Frame

Utilities

  • Cooling: Central Air
  • Heating: Forced Air

Lot Info

  • Estimated Number of Acres: 28
  • Zoning: B1
  • Geo Subdivision: IL

Rental Info

  • Lease Dollar Sq Ft: 1
  • Sale Lease Includes: Building, Land
  • Terms Lease: N/A

Tax Info

  • Parcel Id Number Tax Id: 2905010003
  • Tax Incentive: None

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2017
Closed on
Jul 1, 2020
Sold by
Bought by
Seller's Agent
Ronald Duff
RE/MAX Professionals
Buyer's Agent
The Easley Team
The Real Estate Group, Inc.
List Price
$2,900,000
Sold Price
$1,650,000
Premium/Discount to List
-$1,250,000
-43.1%
Current Estimated Value
$2,036,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$386,930
Avg. Annual Appreciation
3.49%
Original Mortgage
$1,500,000
Interest Rate
3.1%
Mortgage Type
Credit Line Revolving
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Chatham, IL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$330,000 Illinois Real Estate Title
$1,320,000 Illinois Real Estate Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $1,500,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/01/2020 07/01/20 Sold $1,650,000 -43.1% --
05/01/2020 05/01/20 Pending -- -- --
09/19/2019 09/19/19 For Sale $2,900,000 +75.8% --
09/16/2019 09/16/19 Off Market $1,650,000 -- --
09/11/2019 09/11/19 Price Changed $2,900,000 -42.0% --
08/23/2017 08/23/17 For Sale $5,000,000 -- --
Source: RMLS Alliance

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,579 $158,905 $71,838 $87,067
2024 $10,691 $148,108 $66,957 $81,151
2023 $10,154 $134,217 $60,677 $73,540
2022 $9,672 $125,203 $56,602 $68,601
2021 $9,263 $118,901 $53,753 $65,148
2020 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMACA175745

RMLS Alliance

APN: 29-05.0-100-009

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