See Home Value
West Chicago 60185
1280 North Avenue
$312,057*
Land - Off Market

1280 North Avenue

West Chicago, IL 60185
bedrooms
Studio
bathrooms
0 Bath
$243,000 - $297,000
Reference Base Price*
15.58%
Since Aug 1, 2021
National-US
Primary Model
Sold May 17, 2023
$200,000
$120,000 by Firstsecure Bank And Trust Co.
Mortgage Due May 03, 2028
Sold Nov 22, 2017
$200,000

About This Property

JOIN THE SUCCESSFUL NORTH AVENUE CORRIDOR IN WEST CHICAGO. 2.93 acres zoned B-3 Regional Shopping District. 34,000 vehicles per year pass this location! This district is intended to accommodate and regulate developments, which are directly and indirectly accessed from major arterial roadways. This district is large retail shopping center oriented and is primarily located at the city's busiest intersection. Allowable uses include but not limited to: Drive-in & Drive through, retail, hotels / motels, variety stores, trade schools, health / fitness centers.  There is a 690 SF structure on the lot.
Unit Size
-
Days on Market
-
Land Size
2.93 acres
Price per sqft
-
Property Type
Land
Property Taxes
$2,585
HOA Dues
-
Year Built
-

Price History

Date / Event Date Event Price
May 17, 2023 Sold $200,000
Sold
Jul 19, 2021 No longer available -
No longer available
Jun 25, 2021 Relisted $270,000
Relisted
Jun 12, 2021 No longer available -
No longer available
Apr 16, 2021 Price Decreased $270,000
↓ $10K (3.6%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

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

    Dimensions

  • Lot Size Square Feet: 127,631
  • 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: TAYLORS ASSMT PLAT
  • Land Acres: 2.93
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: TAYLORS ASSMT PLAT W 91.25 FT /2.94 ACS/

Ownership

  • Current Owner : VELAZQUEZ CONSTRUCTION TRUCKING COMPANY INC
  • Previous Owner : PAPPAS GEORGE
  • Owner Before Previous Owner: G & L PROPERTY VENTURE LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: West Chicago School District 33
  • School Tax School District: WEST CHICAGO
  • Census Tract: 841501

Zoning

  • Zoning: C

Geography

  • Assessors Map Reference: 2966-A6
  • Parcel: 01-29-402-002
  • Lot: 2
  • Municipality: WAYNE
  • Latitude: 41.9177
  • Longitude: -88.2276

    Address

  • Full Address: 1280 North Ave
  • Address - House Number: 1280
  • Address - Street Name: North
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: West Chicago
  • Zip Code: 60185

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,750
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 1007

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $120,000
  • First Open Lien Mortgage Lender: FIRSTSECURE BANK AND TRUST CO.
  • First Open Lien Mortgage Recording Date: May 17, 2023
  • First Open Lien Mortgage Loan Amount: $120,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: May 03, 2028

    Market Valuation

  • Market Total Value: $87,720
  • Market Land Value: $84,780
  • Market Improvement Value: $2,940

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $29,240
  • Assessed Land Value: $28,260
  • Assessed Improvements Value: $980

    Sales

  • Current Sale Contract Date: May 03, 2023
  • Current Sale Recording Date: May 17, 2023
  • Current Sale Transaction ID: 11906732825
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 30140
  • Previous Sale Recording Date: Nov 22, 2017
  • Previous Sale Contract Date: Oct 30, 2017
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRSTSECURE BANK AND TRUST CO.
  • First Mortgage Transaction Date: May 17, 2023
  • First Mortgage Loan Amount: $120,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Credit Line (Revolving)
  • First Mortgage Loan Due Date: May 03, 2028



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About West Chicago


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Frequently Asked Questions

When was property at 1280 North Avenue built and last sold?
The property at 1280 North Avenue was built in and last sold on May 3, 2023 for $200,000.
How much is this home worth?
The estimated value of the home located at 1280 North Avenue is $272,700.
What are some comparable homes to 1280 North Avenue?
There are currently no comparable homes to 1280 North Avenue.

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