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1120 Lee Road

1120 Lee Road, Northbrook, IL 60062
Property in Northfield
Sold Nov 17, 2016
$525,000
$400,000 by Mutual Federal Bank
Mortgage Due Jan 01, 2048
1120 Lee Road in Northbrook, IL was first built in 1943 and is 81 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown style. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 1120 Lee Road has 2,679 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 28,557 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1120 Lee Road was last sold in Oct 28, 2016 for $525,000. According to our calculations, that's $195.97 per sqft. Current property owners are expected to pay $15,886 in taxes per year. The property on 1120 Lee Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $75,000. To break that down further, the land itself was valued at $37,124. While improvements to the property were assessed at a total of $37,876. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1943
  • Effective Year Built: 1943
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 28,557
  • Total Building Area: 2,679
  • Gross Building Area: 2,679
  • Building Area: 2,679
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,679
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.656
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MATTHEW M SAFFAR LLC
  • Previous Owner : DILLING ELIZABETH T
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Northbrook School District 28
  • Census Tract: 801500

Geography

  • District: 25
  • Parcel: 04-10-205-019-0000
  • Meridian: SEC 10 TWN 42N RNG 12E
  • Municipality: NORTHFIELD
  • Latitude: 42.1321
  • Longitude: -87.8099

    Address

  • Full Address: 1120 Lee Rd
  • Address - House Number: 1120
  • Address - Street Name: Lee
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Northbrook
  • Carrier Code: C029
  • 4-Digit Zip Code: 3816
  • Zip Code: 60062

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,886
  • Tax Rate Code Area: 25188

    Appraisal Valuation

  • Standard Deviation: 0.2276
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 765,667
  • High Value: 939,994
  • Low Value: 591,340

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: MUTUAL FEDERAL BANK
  • First Open Lien Mortgage Recording Date: Dec 27, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $400,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2048

    Market Valuation

  • Market Total Value: $750,000
  • Market Land Value: $371,240
  • Market Improvement Value: $378,760

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $75,000
  • Assessed Land Value: $37,124
  • Assessed Improvements Value: $37,876

    Sales

  • Current Sale Contract Date: Oct 28, 2016
  • Current Sale Recording Date: Nov 17, 2016
  • Current Sale Transaction ID: 1863537392
  • Current Sale Price: $525,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1632210151

    Last Sale Mortgage

  • First Mortgage Lender: CENTRUST BANK NA
  • First Mortgage Transaction Date: Nov 17, 2016
  • First Mortgage Loan Amount: $350,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Nov 07, 2017

    Financing

  • First Mortgage Financing Type: Variable

About Northbrook



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Frequently Asked Questions

What neighborhood is 1120 Lee Road located in?
The 1120 Lee Road is a located in the neighborhood of Northfield in Northbrook, Northbrook.
What is the average sales price for listings in 1120 Lee Road?
The average sales price for units in 1120 Lee Road is $0 currently.

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