Seller's Agent in 2023
Sophia Su
RE/MAX
(630) 710-7102
1 in this area
156 Total Sales
7940 Lemont Rd Downers Grove, IL 60516
South Woodridge NeighborhoodEstimated Value: $248,858 - $553,000
5.5
Acres
$78,357
Price per Acre
239,580
Sq Ft Lot
About This Lot
As of March 2023Woodridge has a very competitive sales tax compared to surrounding communities! So come to plan your next project here - 2 tax ID, 5.5 +/- acres land zone ORI- office, research and light industrial. Excellent visibility and access from Lemont, just south of 75th and blocks from I-355 and I-55. The postal mailing address is Downers Grove. Corporate limit, water, sewer, building permit is Village of Woodridge. The property is adjacent of Cube Smart building on the south side. Vacant land, no building. Plat of Survey and Wetland Assessment Report is at MLS downloads. Excellent location for sports complex, warehouse, show rooms, etc.
Last Agent to Sell the Property
RE/MAX of Naperville License #475131399 Listed on: 12/07/2021
Property Details
Property Type
- Land
Est. Annual Taxes
- $3,500
Lot Details
- 5.5 Acre Lot
- Lot Dimensions are 134x315x942x212x1258
- Property fronts a county road
- Additional Parcels
- Property is zoned COMMR
Utilities
- Electricity To Lot Line
- Gas Available
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 1, 1995
Sold by
Chen Bing Chi and Chen Tsai Ling
Bought by
Frankwood Inc
Current Estimated Value
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Frankwood Inc | $1,215,000 | -- | |
| Frankwood Inc | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/17/2023 03/17/23 | Sold | $600,000 | -12.4% | -- |
| 01/26/2022 01/26/22 | Pending | -- | -- | -- |
| 12/07/2021 12/07/21 | For Sale | $685,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $2,652 | $39,922 | $39,922 | -- |
| 2023 | $2,555 | $36,700 | $36,700 | $0 |
| 2022 | $2,430 | $35,250 | $35,250 | $0 |
| 2021 | $2,245 | $34,850 | $34,850 | $0 |
| 2020 | $2,210 | $34,160 | $34,160 | $0 |
| 2019 | $2,146 | $32,780 | $32,780 | $0 |
| 2018 | $1,984 | $29,640 | $29,640 | $0 |
| 2017 | $1,919 | $28,520 | $28,520 | $0 |
| 2016 | $1,836 | $27,220 | $27,220 | $0 |
| 2015 | $1,816 | $25,610 | $25,610 | $0 |
| 2014 | $1,790 | $24,900 | $24,900 | $0 |
| 2013 | $2,600 | $35,400 | $35,400 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Sophia Su
-
Steve Kardel
S
Buyer's Agent in 2023
Steve Kardel
Stephen Kardel
(312) 810-1929
1 in this area
2 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11282544
APN: 09-31-201-001
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