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120 West Main Street

120 West Main Street, Dundee, IL 60118
Property in Dundee
120 West Main Street has been categorized by the local assessors in Dundee, IL as a commercial type of property. The building has a total of 2 stories. In addition, 120 West Main Street has 4,374 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 2,187 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 2,566 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The inside of the home is being cooled with central air conditioning at the moment. 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, 120 West Main Street was last sold in Jun 28, 2022 for $340,000. According to our calculations, that's $51.82 per sqft. Prior to that sales transaction, the property was sold for $340,000 in Jun 28, 2022. Current property owners are expected to pay $11,522 in taxes per year. The property on 120 West Main Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $119,898. To break that down further, the land itself was valued at $20,286. While improvements to the property were assessed at a total of $99,612. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220415
04/15/2022
Loft
-
5100 ft²
$450,000
bedrooms
Loft
bathrooms
-
square feet
5100 ft²
-
-
-
Richard Perillo
Perillo Real Estate Group

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Floor Count: 2
  • Business/Commerical Units Count: 4
  • Basement Type: Full basement
  • Basement Area: 2,187
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,566
  • Total Building Area: 6,561
  • Gross Building Area: 6,561
  • Building Area: 6,561
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 4,374
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: DUNDEE
  • Land Acres: 0.058
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: THE W 27 FT 7 INCHES OF THE E 35 FT 6 INCHES OF LOT 4 IN BLK 14 OF THE ORIGINAL TOWN OF WEST DUNDEE AS DESC IN DOC 97K012050, 2/25/97, EX THE N 51 FT THEREOF AS DESC IN DOC 2001K004161, 1/12/01

Ownership

  • Current Owner : 120 MAIN DUNDEE LLC
  • Previous Owner : LUDWIG RONALD C
  • Previous Owner 2: LUDWIG CYNTHIA L
  • Owner Before Previous Owner: LUDWIG RONALD C
  • Owner Before Previous Owner 2: LUDWIG CYNTHIA L
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 850500

Geography

  • Parcel: 03-22-479-025
  • Block: 14
  • Lot: 4
  • Municipality: DUNDEE
  • Latitude: 42.0984
  • Longitude: -88.2781

    Address

  • Full Address: 120 W Main St
  • Address - House Number: 120
  • Street Direction: W
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: IL
  • City Name: West Dundee
  • Carrier Code: C002
  • 4-Digit Zip Code: 2048
  • Zip Code: 60118

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,522
  • Tax Rate Code Area: DU077

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,070,000
  • First Open Lien Mortgage Lender: STERLING BANK
  • First Open Lien Mortgage Recording Date: Feb 07, 2024
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $900,000
  • 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: Feb 07, 2054
  • Second Open Lien Mortgage Lender: CORNERSTONE NATIONAL BANK & TR
  • Second Open Lien Mortgage Recording Date: Nov 14, 2022
  • Second Open Lien Mortgage Loan Amount: $170,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Nov 14, 2052

    Market Valuation

  • Market Total Value: $359,838
  • Market Land Value: $60,882
  • Market Improvement Value: $298,956

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $119,898
  • Assessed Land Value: $20,286
  • Assessed Improvements Value: $99,612

    Sales

  • Current Sale Contract Date: Jun 28, 2022
  • Current Sale Recording Date: Sep 06, 2022
  • Current Sale Transaction ID: 11895553549
  • Current Sale Price: $340,000
  • Current Sale Document Type: Re-recorded Document
  • Current Sale Input Document Number: 44417
  • Previous Sale Recording Date: Jul 01, 2022
  • Previous Sale Contract Date: Jun 28, 2022
  • Previous Sale Amount: $340,000
  • Previous Sale Document Type: Warranty Deed

About West Dundee



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Nearby Rentals

Unit for rent at 705 Strom Drive, West Dundee, IL, 60118

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  • 1 Bath
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705 Strom Drive #1D, West Dundee, IL, 60118 Listing by Toni Wardanian
Unit for rent at 717 Strom Drive, West Dundee, IL, 60118

$1,500 /mo

  • 1 Bed
  • 1 Bath
717 Strom Drive #1A, West Dundee, IL, 60118 Listing by Toni Wardanian
Unit for rent at 118 N Washington Street, Carpentersville, IL, 60110

$2,250 /mo

  • 3 Beds
  • 2 Baths
  • 1,702 ft²
118 N Washington Street, Carpentersville, IL, 60110 Listing by Lawrence Hines

Frequently Asked Questions

What neighborhood is 120 West Main Street located in?
The 120 West Main Street is a located in the neighborhood of Dundee in West Dundee, Dundee.
What is the average sales price for listings in 120 West Main Street?
The average sales price for units in 120 West Main Street is $0 currently.

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