NOT LISTED FOR SALE

7991 W Argyle St Norridge, IL 60706

Estimated Value: $1,063,000

0.23 Acre
$4,621,739 Price per Acre
10,019 Sq Ft Lot

Last Sold May 25, 2019

Last sale price $180,000

Est. 491% increase in value since last sale

Current estimated payment $5,900/month

107 Days on Market

About This Lot

As of May 2019

Rare opportunity in Norridge, large vacant lot 100 X 102!! Lot zoned R-1. Great investment opportunity for developer/builder or buyer looking to build their dream home!! Lot sold AS-IS.

Last Agent to Sell the Property

David Dordek

David S Dordek License #471011087 Listed on: 02/07/2019

Last Buyer's Agent

Nenad Denovich

MarRous & Company License #475160413

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,376

Lot Details

Location

  • Property is near a bus stop

Property Details

Property Type

Land

Est. Annual Taxes

$3,376

Lot Details

0

Listing Details

  • Property Type: Land
  • General Information: School Bus Service, Commuter Bus
  • Ownership: Fee Simple
  • Current Use: Residential-Single Family
  • Potential Use: Residential-Single Family
  • Utilities To Site: Electric Nearby, Gas Nearby, Sewer-Storm Available, Water-Nearby
  • Zoning Type: SINGL
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Road Surface: Asphalt

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Acreage: 0.23
  • Frontage Access: City Street
  • Front Footage: 100

Schools

  • School District: 80
  • Junior High Dist: 80

Lot Info

  • Lot Dimensions: 100X100
  • Estimated Land Sq Ft: 10,000
  • Parcel Identification Number: 12123070010000

Tax Info

  • Taxes: 2264.31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2019
Sold by
Mercuri Elvio
Bought by
Patel Saurabh
Current Estimated Value
$1,063,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Outstanding Balance
$159,005
Interest Rate
5.62%
Mortgage Type
New Conventional
Estimated Equity
$903,995

Purchase Details

Closed on
Nov 4, 2019
Sold by
Patel Saurabh
Bought by
Patel Saurabh and Patel Govind

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Outstanding Balance
$159,005
Interest Rate
5.62%
Mortgage Type
New Conventional
Estimated Equity
$903,995

Purchase Details

Listed on
Feb 7, 2019
Closed on
Jul 24, 2019
Sold by
Livin Cooper Kenneth D
Bought by
Mercuri Elvio
Seller's Agent
David Dordek
David S Dordek
Buyer's Agent
Nenad Denovich
MarRous & Company
List Price
$250,000
Sold Price
$180,000
Premium/Discount to List
-$70,000
-28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.92%

Purchase Details

Closed on
Aug 13, 2001
Sold by
Feeney Margaret K
Bought by
Livin Marks Judith R and Judith R Marks Revocable Living Trust

Purchase Details

Closed on
May 14, 1999
Sold by
Lasalle Bank National Assn
Bought by
Feeney Margaret K
Source: Public Records

Range of Values:

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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
Patel Saurabh $260,000 Chicago Title
Patel Saurabh -- Attorney
Mercuri Elvio $180,000 Chicago Title
Livin Marks Judith R $265,000 --
Feeney Margaret K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Saurabh $182,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2019 07/09/19 Pending -- -- --
07/01/2019 07/01/19 Price Changed $215,000 +19.4% --
05/25/2019 05/25/19 Sold $180,000 -21.7% --
04/30/2019 04/30/19 Price Changed $230,000 -8.0% --
02/07/2019 02/07/19 For Sale $250,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $3,376 $122,100 $13,260 $108,840
2023 $3,133 $13,260 $13,260 --
2022 $3,133 $13,260 $13,260 $0
2021 $3,147 $11,730 $11,730 $0
2020 $3,061 $11,730 $11,730 $0
2019 $2,700 $11,730 $11,730 $0
2018 $2,466 $9,690 $9,690 $0
2017 $2,407 $9,690 $9,690 $0
2016 $2,264 $9,690 $9,690 $0
2015 $2,120 $8,415 $8,415 $0
2014 $2,082 $8,415 $8,415 $0
2013 $2,032 $8,415 $8,415 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10267030

Midwest Real Estate Data (MRED)

APN: 12-12-307-001-0000