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80 East Main Street

80 East Main Street, Lake Zurich, IL 60047
Property in Ela
1 Units For Sale
Unit for sale at 80 E Main Street, Lake Zurich, IL 60047

$700,000

  • Commercial
  • 4,986 ft²
80 E Main Street, Lake Zurich, IL 60047 Listing by Lisa Rabe

Local assessors in Lake Zurich, IL have categorized 80 East Main Street as a commercial type of property. The property's lot size has been calculated to be 14,375 square feet.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. 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, 80 East Main Street was last sold in Feb 6, 2017 for $805,000. Prior to that sales transaction, the property was sold for $340,000 in Aug 2, 1995. Current property owners are expected to pay $14,841 in taxes per year. The property on 80 East Main Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $195,516. To break that down further, the land itself was valued at $26,583. While improvements to the property were assessed at a total of $168,933. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged.

Building Features

Condition

New Construction

Exterior

Brick Exterior
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

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

    Dimensions

  • Lot Size Square Feet: 14,375
  • 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: WLN WILKE SUB
  • Land Acres: 0.33
  • Standard Land Use Code: Commercial building
  • Legal Description 1: PT SW SE; COM X NLN RT22& WLN WILKE SUB, W ALG NLNN RT22 59.11FOR POB,CONT ALG SD NLN 61.29,N20D5756W 165.22, S89D3128E 134.47 TO WLN SD SUB, S ALG SD WLN 15,

Ownership

  • Current Owner : 80 MAIN LIONS LLC
  • Previous Owner : PARKWAY BANK & TRUST COMPANY
  • Owner Before Previous Owner: BENJAMIN CLIFFORD B
  • Owner Before Previous Owner 2: BENJAMIN FAY MARIE
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lake Zurich Community Unit School District 95
  • Census Tract: 864408

Geography

  • Assessors Map Reference: 2698-E3
  • District: ELA
  • Parcel: 14-17-400-023
  • Meridian: SEC 17 TWN 43N RNG 10E
  • Municipality: TWP OF ELA
  • Latitude: 42.1977
  • Longitude: -88.0909

    Address

  • Full Address: 80 E Main St
  • Address - House Number: 80
  • Street Direction: E
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: IL
  • City Name: Lake Zurich
  • Zip Code: 60047

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,841
  • Tax Rate Code Area: 15059

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $644,000
  • First Open Lien Mortgage Lender: LIBERTYVILLE BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Mar 01, 2017
  • First Open Lien Mortgage Loan Amount: $644,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $586,607
  • Market Land Value: $79,757
  • Market Improvement Value: $506,850

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $195,516
  • Assessed Land Value: $26,583
  • Assessed Improvements Value: $168,933

    Sales

  • Current Sale Contract Date: Feb 06, 2017
  • Current Sale Recording Date: Mar 01, 2017
  • Current Sale Transaction ID: 1994509594
  • Current Sale Price: $805,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 7376435
  • Previous Sale Recording Date: Aug 09, 1995
  • Previous Sale Contract Date: Aug 02, 1995
  • Previous Sale Amount: $340,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LIBERTYVILLE BANK & TRUST CO
  • First Mortgage Transaction Date: Mar 01, 2017
  • First Mortgage Loan Amount: $644,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Lake Zurich



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 80 East Main Street located in?
The 80 East Main Street is a located in the neighborhood of Ela in Lake Zurich, Lake Zurich.
How many listings are currently for sale in 80 East Main Street?
There is a listing currently on the market for sale.
What is the average sales price for listings in 80 East Main Street?
The average sales price for units in 80 East Main Street is $700,000 , or $140/sqft. currently.

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