NOT LISTED FOR SALE

9200 W Stuenkel Rd Frankfort, IL 60423

Estimated Value: $786,961

60 Acres
$13,116 Price per Acre
2,613,600 Sq Ft Lot

Last Sold July 28, 2022

Last sale price $692,000

Est. 14% increase in value since last sale

Current estimated payment $4,395/month

21 Days on Market

About This Lot

As of July 2022

Great long term investment! **$12,000 per acre** 60 Acres of farmland located in Frankfort surrounded by residential and ready for development!!

Last Agent to Sell the Property

Jacqueline Montvidas

Olivieri Real Estate LLC License #475138574 Listed on: 02/04/2022

Last Buyer's Agent

Dan McCarthy

McCarthy & Associates License #471007008

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $913

Lot Details

  • 60 Acre Lot
  • Lot Dimensions are 983x2626
  • Property is zoned AGRIC

Farming

  • Farm

Utilities

  • Electricity To Lot Line
  • Well Required
  • Septic Needed

Property Details

Property Type

Land

Est. Annual Taxes

$913

Lot Details

0

Listing Details

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

Interior Features

  • Possible Use: Estate, Residential, Single Family, Special Use, Zoning Change Required
  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 983
  • Frontage Type: Township Road
  • List Price: 768000
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: Electric to Site, Sanitary Sewer, Septic System Required, Water Nearby, Well-Required

Schools

  • Middle/Junior School District: 207U

Lot Info

  • Lot Size Acres: 60
  • Lot Dimensions: 983X2626
  • Zoning: AGRIC
  • Lot Size: 25.0-99.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 17

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 913.36
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2022
Closed on
Jul 22, 2022
Sold by
Watson 2012 Dynasty Trust
Bought by
Pleasant Hill Farm Il Llc
Seller's Agent
Jacqueline Montvidas
Olivieri Real Estate LLC
Buyer's Agent
Dan McCarthy
McCarthy & Associates
List Price
$768,000
Sold Price
$692,000
Premium/Discount to List
-$76,000
-9.9%
Current Estimated Value
$786,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,961
Avg. Annual Appreciation
4.06%
Original Mortgage
$500,000
Outstanding Balance
$474,085
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$308,206

Purchase Details

Closed on
Dec 26, 2012
Sold by
Watson Robert D
Bought by
Watson Jody Ann and Falcone Scott

Purchase Details

Closed on
Dec 21, 2012
Sold by
Chicago Title Land Trust Co
Bought by
Watson Robert D

Purchase Details

Closed on
May 11, 2009
Sold by
Galvin Peter J
Bought by
Us Bank and Trust #1-5251M

Purchase Details

Closed on
May 10, 2007
Sold by
Outback Properties Ltd
Bought by
Galvin Peter J

Purchase Details

Closed on
Jun 21, 2004
Sold by
Warmke Lawrence
Bought by
Outback Properties Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,631
Interest Rate
4.25%
Mortgage Type
Unknown
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
Pleasant Hill Farm Il Llc $692,000 Mahoney Silverman & Cross Llc
Watson Jody Ann -- None Available
Watson Robert D -- Chicago Title Lane Trust Com
Us Bank $1,260,000 Millennium Title Group Ltd
Galvin Peter J -- None Available
Outback Properties Ltd $1,500,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pleasant Hill Farm Il Llc $500,000
Previous Owner Outback Properties Ltd $75,298
Previous Owner Outback Properties Ltd $2,800,000
Previous Owner Outback Properties Ltd $300,000
Previous Owner Outback Properties Ltd $26,631
Previous Owner Outback Properties Ltd $1,300,000
Previous Owner Outback Properties Ltd $275,727
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2022 07/28/22 Sold $692,000 -9.9% --
07/11/2022 07/11/22 Price Changed $768,000 0.0% --
07/11/2022 07/11/22 For Sale $768,000 +6.7% --
02/26/2022 02/26/22 Pending -- -- --
02/04/2022 02/04/22 For Sale $720,000 -- --
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
2023 $1,297 $20,223 $20,223 $0
2022 $1,142 $17,712 $17,712 $0
2021 $1,034 $15,431 $15,431 $0
2020 $920 $13,357 $13,357 $0
2019 $824 $11,470 $11,470 $0
2018 $743 $9,995 $9,995 $0
2017 $627 $8,408 $8,408 $0
2016 $522 $6,964 $6,964 $0
2015 -- $5,653 $5,653 $0
2014 -- $4,734 $4,734 $0
2013 -- $4,303 $4,303 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11317784

Midwest Real Estate Data (MRED)

APN: 18-13-10-200-001