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1000 Weiland Road

1000 Weiland Road, Buffalo Grove, IL 60089
Commercial in Bentley Place
Local assessors in Buffalo Grove, IL have categorized 1000 Weiland Road as a commercial type of property. The property's lot size has been calculated to be 151,780 square feet.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1000 Weiland Road sold most recently in Jun 26, 2017 for a total of $10,000. Before that, the property was also sold for $6,993,500 in Apr 25, 2008. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $104,122 in taxes each year. 1000 Weiland Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,069,897. If we break it down further, the land itself was valued at $384,451. Improvements to the property, however, were assessed at a total of $685,446. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 151,780
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: NORDON DEVELOPMENT SUB
  • Land Acres: 3.484
  • Standard Land Use Code: Commercial building
  • Legal Description 1: NORDON DEVELOPMENT SUB; LOT 1 (EX COM ON E LN 351.33 NLY OF SE COR, NLY ALG CURVE RAD 99 ARC DIST 43.3, NLY ALG REVS CURVE RAD 109 ARC DIST 20.38, TO NLY LN SD LOT, SLY

Ownership

  • Current Owner : LAKE COUNTY DIVISION OF TRANSPORTATION
  • Previous Owner : HIGHLAND OAKS LLC
  • Owner Before Previous Owner: CHICAGO TITLE LAND TRUST CO
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Adlai E. Stevenson High School District 125
  • Census Tract: 864519

Geography

  • District: VERNON
  • Parcel: 15-28-414-036
  • Lot: 1
  • Municipality: TWP OF VERNON
  • Latitude: 42.1704
  • Longitude: -87.9505

    Address

  • Full Address: 1000 Weiland Rd
  • Address - House Number: 1000
  • Address - Street Name: Weiland
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Buffalo Grove
  • Carrier Code: C072
  • 4-Digit Zip Code: 7000
  • Zip Code: 60089

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $104,122
  • Tax Rate Code Area: 16092

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,000,000
  • First Open Lien Mortgage Lender: ESPER A PETERSEN ETAL
  • First Open Lien Mortgage Recording Date: Dec 30, 2011
  • First Open Lien Mortgage Loan Amount: $2,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $3,210,012
  • Market Land Value: $1,153,468
  • Market Improvement Value: $2,056,544

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,069,897
  • Assessed Land Value: $384,451
  • Assessed Improvements Value: $685,446

    Sales

  • Current Sale Contract Date: Jun 26, 2017
  • Current Sale Recording Date: Aug 15, 2017
  • Current Sale Transaction ID: 1732312177
  • Current Sale Price: $10,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7419716
  • Previous Sale Recording Date: May 07, 2008
  • Previous Sale Contract Date: Apr 25, 2008
  • Previous Sale Amount: $6,993,500
  • Previous Sale Document Type: Deed

About Bentley Place



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Frequently Asked Questions

What neighborhood is 1000 Weiland Road located in?
The 1000 Weiland Road is a commercial located in the neighborhood of Bentley Place in Bentley Place, Buffalo Grove.
What is the average sales price for listings in 1000 Weiland Road?
The average sales price for units in 1000 Weiland Road is $0 currently.

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