1243 N Cedar Rd New Lenox, IL 60451
About This Lot
As of April 2024Property recently zoned C-3 allowing general business and most everything else below C-3. Surrounded by other small businesses which help to provide synergy to any business that would open here. Access to I-355 approximately one mile north of this property. The small house that was on this property has been removed. If you need more land, another lot, the same size, adjoins this one to the south. The property was re-zoned Commercial, and has not yet been assessed as a vacant commercial parcel. The taxes for 2022 were $7,494.62. If you're looking for a nice location for your business without spending a small fortune, you found it here.
Property Details
Property Type
- Land
Est. Annual Taxes
- $7,495
Lot Details
- 0.51 Acre Lot
- Lot Dimensions are 102.50x220
- Property is zoned COMMR
Additional Features
- Electricity Available at Street
- Gas Available at Street
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/30/2024 04/30/24 | Sold | $200,000 | -11.1% | -- |
| 04/10/2024 04/10/24 | Pending | -- | -- | -- |
| 04/08/2024 04/08/24 | For Sale | $225,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2022 | $7,399 | $85,515 | $54,032 | $31,483 |
| 2021 | $7,495 | $85,515 | $54,032 | $31,483 |
| 2020 | $7,681 | $85,515 | $54,032 | $31,483 |
| 2019 | $7,489 | $85,515 | $54,032 | $31,483 |
| 2018 | $7,500 | $84,456 | $52,973 | $31,483 |
| 2017 | $7,351 | $84,456 | $52,973 | $31,483 |
| 2016 | $7,345 | $84,456 | $52,973 | $31,483 |
| 2015 | $7,314 | $84,456 | $52,973 | $31,483 |
| 2014 | $7,314 | $84,456 | $52,973 | $31,483 |
| 2013 | $7,314 | $84,456 | $52,973 | $31,483 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $190,000 | Construction | |
| Previous Owner | $102,733 | Commercial | |
| Previous Owner | $130,000 | Seller Take Back |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $225,000 | Fidelity National Title Insura | |
| Deed | $380,000 | Chicago Title Insurance Co | |
| Deed | -- | Chicago Title Insurance Co | |
| Trustee Deed | -- | Chicago Title Insurance Co |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12022180
APN: 15-08-09-406-005
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