NOT LISTED FOR SALE

8910 Elm Ave Burr Ridge, IL 60527

Estimated Value: $736,000

1.13 Acres
$651,327 Price per Acre
49,223 Sq Ft Lot

Last Sold May 31, 2018

Last sale price $235,000 $219 Per Sq Ft

Est. 213% increase in value since last sale

Current estimated payment $4,026/month

50 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Pleasantdale Elementary School Rated A
  • Senior Tax Exemptions

About This Lot

As of May 2018

Rehab or build new on this extra large lot (over an acre) in the area that has everything - great schools, convenient access to I55, I355, I290 and I294,airports, shopping. Best of all, peace and serenity! Unincorporated taxes. This area is surrounded by high-end new construction and is ripe for more. Drive west on 91st and north on County Line Road to see residential developments already there or in progress.Get in on the ground floor and be assured your investment is wise. 3 bedrooms, 2 full baths, about 1071 sf, but plenty of room for expansion. Sold "as is" only. Award Winning Pleasantdale Elementary/Lyons Township High School districts. This is the lowest priced property for its size in the area. We have builder/rehabber recommendations. Call LA for details. Do not walk property without permission from LA.

Last Agent to Sell the Property

Josie Gallagher

Better Homes & Gardens Real Estate Connections License #471005189 Listed on: 12/14/2017

Better Homes & Gardens Real Estate Connections

Last Buyer's Agent

Nicole Harper

Compass License #475172180

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,624

Lot Details

Basement

  • Crawl Space

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Property Type

Land

Est. Annual Taxes

$1,624

Lot Details

0

Listing Details

  • Property Type: Land
  • General Information: School Bus Service, Interstate Access
  • Ownership: Fee Simple
  • Current Use: Residential-Single Family
  • Utilities To Site: Electric Nearby, Gas Nearby
  • Zoning Type: SINGL
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: Crawl
  • Road Surface: Asphalt

Exterior Features

  • Lot Size: 1.0-1.99 Acres
  • Acreage: 1.13
  • Frontage Access: City Street
  • Front Footage: 163

Utilities

  • Air Conditioner: Central Air
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 204
  • Elementary School: PLEASANTDALE ELEMENTARY SCHOOL
  • Middle School: PLEASANTDALE MIDDLE SCHOOL
  • High School: LYONS TWP HIGH SCHOOL
  • Junior High Dist: 107

Lot Info

  • Lot Dimensions: 163X293X161
  • Parcel Identification Number: 23062000860000

Building Info

  • Buildings On Land: Yes

Tax Info

  • Taxes: 4699.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2017
Closed on
May 12, 2018
Sold by
Gorman Michael
Bought by
Mirga Zdzislaw
Seller's Agent
Josie Gallagher
Better Homes & Gardens Real Estate Connections
Buyer's Agent
Nicole Harper
Compass
List Price
$299,000
Sold Price
$235,000
Premium/Discount to List
-$64,000
-21.4%
Current Estimated Value
$736,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$501,000
Avg. Annual Appreciation
16.66%
Original Mortgage
$223,250
Outstanding Balance
$172,432
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$563,568
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
Mirga Zdzislaw $235,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mirga Zdzislaw $223,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2018 05/31/18 Sold $235,000 -21.4% $219 / Sq Ft
02/02/2018 02/02/18 Pending -- -- --
12/14/2017 12/14/17 For Sale $299,000 -- $279 / Sq Ft
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 $1,624 $43,808 $8,599 $35,209
2023 $1,873 $8,599 $8,599 --
2022 $1,873 $8,599 $8,599 $0
2021 $1,810 $8,598 $8,598 $0
2020 $4,312 $24,221 $8,598 $15,623
2019 $5,711 $28,178 $7,370 $20,808
2018 $5,829 $28,178 $7,370 $20,808
2017 $5,618 $28,178 $7,370 $20,808
2016 $5,716 $26,170 $6,141 $20,029
2015 $4,699 $26,170 $6,141 $20,029
2014 $4,483 $26,170 $6,141 $20,029
2013 $5,852 $29,180 $6,141 $23,039
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09818325

Midwest Real Estate Data (MRED)

APN: 23-06-200-086-0000