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500 Mitchell Road

500 Mitchell Road, Glendale Heights, IL 60139
Property in Bloomingdale
500 Mitchell Road in Glendale Heights, IL was first built in 1991 and is 33 years old. This has been categorized as a industrial property type. 500 Mitchell Road has 20,067 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 51,836 square feet.

Learn more about the property and building on this page. 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 masonry control joints. 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, 500 Mitchell Road was last sold in Jan 26, 2018 for $1,500,000. According to our calculations, that's $74.75 per sqft. Prior to that sales transaction, the property was sold for $1,400,000 in Jul 1, 2008. Current property owners are expected to pay $52,465 in taxes per year. The property on 500 Mitchell Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $506,790. To break that down further, the land itself was valued at $106,380. While improvements to the property were assessed at a total of $400,410. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 0
  • Construction Type: Masonry
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 51,836
  • Total Building Area: 20,067
  • Gross Building Area: 20,067
  • Building Area: 20,067
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 20,067
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Industrial
  • Subdivision: L & T MOLD PLAT
  • Land Acres: 1.19
  • Standard Land Use Code: Industrial (general)
  • Legal Description 1: L & T MOLD PLAT OF CONSOLIDATION ALL LOT LTM1

Ownership

  • Current Owner : ROCKITEER REAL ESTATE LLC
  • Previous Owner : PARKWAY BANK AND TRUST CO
  • Owner Before Previous Owner: HUENEKE LOTHAR H
  • Owner Before Previous Owner 2: THE LOTHAR A HUENEKE TRUST
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Marquardt School District 15
  • School Tax School District: BLOOMINGDALE
  • Census Tract: 840904

Zoning

  • Zoning: I

Geography

  • Assessors Map Reference: 2969-B5
  • Parcel: 02-26-300-009
  • Lot: M1
  • Municipality: BLOOMINGDALE
  • Latitude: 41.9248
  • Longitude: -88.0666

    Address

  • Full Address: 500 Mitchell Rd
  • Address - House Number: 500
  • Address - Street Name: Mitchell
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Glendale Heights
  • Carrier Code: C049
  • 4-Digit Zip Code: 2581
  • Zip Code: 60139

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $52,465
  • Tax Rate Code Area: 2214

    Market Valuation

  • Market Total Value: $1,520,370
  • Market Land Value: $319,140
  • Market Improvement Value: $1,201,230

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $506,790
  • Assessed Land Value: $106,380
  • Assessed Improvements Value: $400,410

    Sales

  • Current Sale Contract Date: Jan 26, 2018
  • Current Sale Recording Date: Mar 09, 2018
  • Current Sale Transaction ID: 11432677274
  • Current Sale Price: $1,500,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: R2018-020622
  • Previous Sale Recording Date: Jul 09, 2008
  • Previous Sale Contract Date: Jul 01, 2008
  • Previous Sale Amount: $1,400,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LAKESIDE BANK
  • First Mortgage Transaction Date: Mar 09, 2018
  • First Mortgage Loan Amount: $1,050,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Feb 23, 2023

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: PARKWAY BANK & TRUST CO
  • Previous Mortgage Transaction Date: Jul 09, 2008
  • Previous Mortgage Loan Amount: $1,050,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jul 15, 2013

About Glendale Heights



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 1475 Golfview Drive, Glendale Heights, IL, 60139

$2,500 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,248 ft²
1475 Golfview Drive, Glendale Heights, IL, 60139 Listing by Kelly Stetler

Frequently Asked Questions

What neighborhood is 500 Mitchell Road located in?
The 500 Mitchell Road is a located in the neighborhood of Bloomingdale in Glendale Heights, Glendale Heights.
What is the average sales price for listings in 500 Mitchell Road?
The average sales price for units in 500 Mitchell Road is $0 currently.

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