When was property at 1387 Prospect Avenue built and last sold?

The property at 1387 Prospect Avenue was built in and last sold on Mar 8, 2023 for $124,000.

How much is this home worth?

The estimated value of the home located at 1387 Prospect Avenue is $0.

What are some comparable homes to 1387 Prospect Avenue?

There are currently no comparable homes to 1387 Prospect Avenue.

Des Plaines

60018

1387 Prospect Avenue

$57,000

● Land - Off Market

1387 Prospect Avenue

Des Plaines, IL 60018

Studio

0 Bath

$91,554

RealtyHop Estimate

14.44%

Since Sep 1, 2021

National-US

Primary Model

About This Property

Don't miss this commercial opportunity. Lot has been empty for years and it's situated right by commercial and residential. Lot size is 62.7x124.5 on .176 acres of land. Zoned currently for C-1 but can be converted to R-1 or R-3.

Unit Size

Days on Market

Land Size

0.15 acres

Price per sqft

Property Type

Land

Property Taxes

$147

HOA Dues

Year Built

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #10951710)

Price History

Date / Event	Date	Event
Apr 21, 2023	Sold	Premium
Sold
Jul 8, 2022	Listed by Baird & Warner	$142,000
Listed by Baird & Warner

	THE PARCEL IS NOW APPROVED FOR COMMERCIAL DEVELOPMENT OF C-3 BY THE VILLAGE. ALLOWED USES INCLUDE, RETAIL, OFFICE, COMMERCIAL PARKING LOT, WHOLESALE GOODS, CARWASH, FOOD, AND MORE...SELLER HAS SOIL BORINGS, PHASE ONE STUDY, AND SITE PLAN SKETCH FOR A BUILDING ON THE SITE. THE LOT SIZE IS 63.7 X 124.5 OR .176 ACRES OF LAND. THE PROPERTY HAS THE POTENTIAL TO BE REZONED BACK TO RESIDENTIAL IF DESIRED.
Aug 23, 2021	Sold	Premium
Sold
Dec 11, 2020	Listed by @properties	$79,999
Listed by @properties

Property Highlights

Building Info

Overview

General

Bedroom Count: 0

Building Condition: 0
Building Quality: 0
Construction Type: 0
Building Style: 0
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 7,688

Total Building Area: 0
Building Area: 0

Heating and Cooling

Air Conditioning: 0

Heating: 0
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: V
Subdivision: BAKERS ADDITION
Land Acres: 0000000176
Standard Land Use Code: 8000
County Land Use Code: 1-00

Neighborhood

School District Name: Des Plaines Community Consolidated School District 62

Census Tract: 806501

Geography

District: 22

Parcel: 09-29-228-034-0000
Meridian: SEC 29 TWN 41N RNG 12E
Municipality: MAINE
Latitude: 42.0184
Longitude: -87.8896

Address

Full Address: 1387 Prospect Ave

Address - House Number: 1387
Address - Street Name: Prospect
Address - Suffix Type: Ave
State: IL
City Name: Des Plaines
Carrier Code: C027
4-Digit Zip Code: 2316
Zip Code: 60018

Valuation

Tax

Tax Year: 2022

Tax Amount: $168,126
Tax Rate Code Area: 22028

Market Valuation

Market Total Value: $65,350

Market Land Value: $65,350

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $6,535
Assessed Land Value: $6,535

Sales

Current Sale Contract Date: Mar 08, 2023

Current Sale Recording Date: Apr 28, 2023
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 13181
Previous Sale Recording Date: Aug 31, 2021
Previous Sale Contract Date: Aug 16, 2021
Previous Sale Amount: $57,000
Previous Sale Document Type: 33

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Des Plaines

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$250

Below Asking

0.01%

Average Days on Market

Average Home Size

1643 ft²

Average Home Age

53.9 years

Currently For Sale

110 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1337 Henry Street, Des Plaines, IL, 60016

$2,150 /mo

1 Bed
1 Bath
1,000 ft²

1337 Henry Street #CH, Des Plaines, IL, 60016 Listing by Amy Ruminski

Unit for rent at 828 Center Street, Des Plaines, IL, 60016

$3,150 /mo

2 Beds
2 Baths
1,753 ft²

828 Center Street, Des Plaines, IL, 60016 Listing by Rachna Jain

Unit for rent at 835 Pearson Street, Des Plaines, IL, 60016

$1,700 /mo

2 Beds
1 Bath
1,200 ft²

835 Pearson Street #407, Des Plaines, IL, 60016 Listing by Frank Genualdi

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Maria DelBoccio, @properties
Last Updated: 3 years ago
Data Source: MRED, MLS# 10951710

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

1387 Prospect Avenue

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Des Plaines

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions