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660 Dempster Street

660 Dempster Street, Mount Prospect, IL 60056
Property in Elk Grove
Sold Oct 14, 2021
$575,000
$1,030,000 by Schaumburg Bank & Trust Co Na
Mortgage
Sold May 22, 1995
$304,000
$180,000 by World S/l
Mortgage Due Jun 01, 2025
660 Dempster Street in Mount Prospect, IL was first built in 1974 and is 50 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 multifamily style. There are a total of 2 floors. There are a total of 24 rooms in the home, of which, 12 are bedrooms. In terms of bathrooms, there are a total of 6 full bathrooms. There are 6 partial bathrooms. 660 Dempster Street has 5,774 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. The linear feet across the front of the lot is 1,420 ft and the linear feet between the front and back of the lot is 590. In total, the area measurement of the land is 8,460 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 no garage. 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. 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 masonry. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. 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, 660 Dempster Street was last sold in Jul 15, 2021 for $575,000. According to our calculations, that's $99.58 per sqft. Prior to that sales transaction, the property was sold for $304,000 in May 12, 1995. Current property owners are expected to pay $14,260 in taxes per year. The property on 660 Dempster Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $57,000. To break that down further, the land itself was valued at $8,460. While improvements to the property were assessed at a total of $48,540. 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.

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 24
  • Bedroom Count: 12
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 6
  • Business/Commerical Units Count: 43
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,460
  • Lot Size Depth Feet: 590
  • Lot Size Frontage Feet: 1,420
  • Total Building Area: 5,774
  • Gross Building Area: 5,774
  • Building Area: 5,774
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 5,774
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LINNEMANS DIVISION OF S 3/4 OF EH OF N
  • Land Acres: 0.194
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (LINNEMANS) DIVISION OF S 3/4 OF EH OF NE & WH OF NE OF SEC 23-41-11 & S 477.78FT OF WH OF SE SEC 14-41-11

Ownership

  • Current Owner : RYAN KEVIN B
  • Current Owner 2: RYAN VICKI S
  • Previous Owner : ADAMS EMILY S
  • Owner Before Previous Owner: COSMOPOLITAN BANK & TRUST
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 805002

Geography

  • District: 16
  • Parcel: 08-14-401-047-0000
  • Lot: 1
  • Meridian: SEC 23 TWN 41N RNG 11E
  • Municipality: ELK GROVE
  • Latitude: 42.0376
  • Longitude: -87.9498

    Address

  • Full Address: 660 Dempster St
  • Address - House Number: 660
  • Address - Street Name: Dempster
  • Address - Suffix Type: St
  • State: IL
  • City Name: Mount Prospect
  • Carrier Code: C105
  • 4-Digit Zip Code: 5323
  • Zip Code: 60056

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,260
  • Tax Rate Code Area: 16081

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 596,641
  • High Value: 749,094
  • Low Value: 444,187

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,030,000
  • First Open Lien Mortgage Lender: SCHAUMBURG BANK & TRUST CO NA
  • First Open Lien Mortgage Recording Date: Oct 14, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $1,030,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $570,000
  • Market Land Value: $84,600
  • Market Improvement Value: $485,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $57,000
  • Assessed Land Value: $8,460
  • Assessed Improvements Value: $48,540

    Sales

  • Current Sale Contract Date: Jul 15, 2021
  • Current Sale Recording Date: Oct 14, 2021
  • Current Sale Transaction ID: 11860068052
  • Current Sale Price: $575,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2128707703
  • Previous Sale Recording Date: May 22, 1995
  • Previous Sale Contract Date: May 12, 1995
  • Previous Sale Amount: $304,000
  • Previous Sale Document Type: Joint Tenancy Deed

    Last Sale Mortgage

  • First Mortgage Lender: SCHAUMBURG BANK & TRUST CO NA
  • First Mortgage Transaction Date: Oct 14, 2021
  • First Mortgage Loan Amount: $1,030,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: WORLD S/L
  • Previous Mortgage Transaction Date: May 22, 1995
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $180,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jun 01, 2025

About Mount Prospect



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Frequently Asked Questions

What neighborhood is 660 Dempster Street located in?
The 660 Dempster Street is a located in the neighborhood of Elk Grove in Mount Prospect, Mount Prospect.
What is the average sales price for listings in 660 Dempster Street?
The average sales price for units in 660 Dempster Street is $0 currently.

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