NOT LISTED FOR SALE

Estimated Value: $349,000 - $491,000

0.42 Acre
$964,081 Price per Acre
18,295 Sq Ft Lot

Last Sold July 08, 2022

Last sale price $235,000

Est. 72% increase in value since last sale

Current estimated payment $2,578/month

196 Days on Market

About This Lot

As of July 2022

Great opportunity to re-zone to use requiring a high traffic count and visibilty corner. The site is in the path of tremendous growth along Lemont Road. Site is NWC of 83rd Street and Lemont road which already is an extremely high traffice count intersection with great visibility. Site is approximately 1 mile North of I-55 and 1 mile south of 75th Street. Owner will cooperate in any zoning changes, hearings, documenation need by the Buyer.

Last Agent to Sell the Property

Jeffrey Jensen

Better Homes & Gardens Real Estate Connections License #471020409 Listed on: 10/05/2021

Better Homes & Gardens Real Estate Connections

Co-Listed By

Brent Jensen

Coldwell Banker Realty License #475168006

Last Buyer's Agent

Maria Salazar

HomeSmart Connect LLC License #475190054

HomeSmart Connect LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,660

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 120x156
  • Property fronts a county road

Parking

  • Gravel Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electricity To Lot Line
  • Gas Available
  • Private Company Owned Well
  • Private or Community Septic Tank

Property Details

Property Type

Land

Est. Annual Taxes

$4,660

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Single Family
  • Road Surface Type: Gravel
  • General Information: None
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial, Office and Research
  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: County Road
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0
  • Driveway: Gravel

Utilities

  • Heating: Natural Gas, Forced Air
  • Utilities: Electric to Site, Gas to Site, Septic-Private, Sewer-Storm Available, Water to Site, Well Private

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.42
  • Lot Dimensions: 120X156
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 4659.56
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2025
Sold by
Fargomex Llc
Bought by
Fargomex Llc 8300 Lemont
Current Estimated Value
$404,914

Purchase Details

Listed on
Oct 5, 2021
Closed on
Jun 23, 2022
Sold by
Fatla Jerome L
Bought by
Fargomex Llc
Seller's Agent
Jeffrey Jensen
Better Homes & Gardens Real Estate Connections
Buyer's Agent
Maria Salazar
HomeSmart Connect LLC
List Price
$279,000
Sold Price
$235,000
Premium/Discount to List
-$44,000
-15.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.87%
Original Mortgage
$259,250
Interest Rate
5.1%
Mortgage Type
Construction
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
Fargomex Llc 8300 Lemont -- Chicago Title
Fargomex Llc $235,000 New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fargomex Llc $259,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2022 07/08/22 Sold $235,000 -15.8% --
04/20/2022 04/20/22 Pending -- -- --
10/05/2021 10/05/21 For Sale $279,000 -- --
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 $5,372 $98,207 $27,728 $70,479
2023 $5,278 $83,810 $25,490 $58,320
2022 $5,137 $80,520 $24,490 $56,030
2021 $4,741 $79,600 $24,210 $55,390
2020 $4,660 $78,020 $23,730 $54,290
2019 $4,508 $74,860 $22,770 $52,090
2018 $4,114 $67,470 $20,580 $46,890
2017 $3,965 $64,920 $19,800 $45,120
2016 $4,288 $69,560 $18,900 $50,660
2015 $4,402 $62,070 $17,780 $44,290
2014 $5,019 $69,800 $17,290 $52,510
2013 $5,644 $76,850 $24,590 $52,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11238704

Midwest Real Estate Data (MRED)

APN: 09-31-201-041