Check Availability

8732 Ferris Avenue

8732 Ferris Avenue, Morton Grove, IL 60053
Commercial in Niles
1 Units For Sale
Unit for sale at 8732 Ferris Avenue, Morton Grove, IL 60053

$470,400 In Contract

  • Commercial
  • 3,700 ft²
8732 Ferris Avenue, Morton Grove, IL 60053 Listing by Edward Lukasik

8732 Ferris Avenue in Morton Grove, IL was first built in 1961 and is 63 years old. This has been categorized as a industrial property type. For those interested in architecture, the building on the property was built in a unknown style. It is a single story home. 8732 Ferris Avenue has 3,500 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 500 ft and the linear feet between the front and back of the lot is 1,210. In total, the area measurement of the land is 6,100 square feet.

Learn more about the property and building on this page. 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, 8732 Ferris Avenue was last sold in Dec 21, 2023 for $425,000. According to our calculations, that's $121.43 per sqft. Current property owners are expected to pay $17,303 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 8732 Ferris Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $42,819. To break that down further, the land itself was valued at $20,206. While improvements to the property were assessed at a total of $22,613. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210802
08/02/2021
Loft
-
-
-
bedrooms
Loft
bathrooms
-
-
-
-
Edward Lukasik
RE/MAX Real Estate
20191101
11/01/2019
Studio
-
-
$279,900
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Unknown
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,100
  • Lot Size Depth Feet: 1,210
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,500
  • Gross Building Area: 3,500
  • Building Area: 3,500
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,500
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Industrial
  • Subdivision: LUMPPS SUB
  • Land Acres: 0.14
  • Standard Land Use Code: Industrial (general)
  • Legal Description 1: (LUMPPS) SUB OF N 366.17FT OF LTS 42-43 EXCEPT N 100. 17FT OF E 85FT OF SAID LT 3 SEC 20-41-13

Ownership

  • Current Owner : GREENHOUSE HOLDINGS LLC
  • Previous Owner : ATCF REO HOLDINGS LLC
  • Owner Before Previous Owner: COUNTY OF COOK
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Morton Grove School District 70
  • Census Tract: 808301

Geography

  • District: 24
  • Parcel: 10-20-100-025-0000
  • Lot: 3,42,
  • Meridian: SEC 20 TWN 41N RNG 13E
  • Municipality: NILES
  • Latitude: 42.0402
  • Longitude: -87.7852

    Address

  • Full Address: 8732 Ferris Ave
  • Address - House Number: 8732
  • Address - Street Name: Ferris
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Morton Grove
  • Carrier Code: C024
  • 4-Digit Zip Code: 2843
  • Zip Code: 60053

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $17,303
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 24062

    Market Valuation

  • Market Total Value: $171,276
  • Market Land Value: $80,824
  • Market Improvement Value: $90,452

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,819
  • Assessed Land Value: $20,206
  • Assessed Improvements Value: $22,613

    Sales

  • Current Sale Contract Date: Dec 21, 2023
  • Current Sale Recording Date: Jan 11, 2024
  • Current Sale Transaction ID: 11918917955
  • Current Sale Price: $425,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 13211
  • Previous Sale Recording Date: Aug 27, 2018
  • Previous Sale Contract Date: Aug 17, 2018
  • Previous Sale Document Type: Public Action - Common in Florida (Clerks Tax Deed or Tax Deeds or property sold for taxes.

About Morton Grove



Similar Buildings

Commercial at 8732 Ferris Avenue,

6027 West Dempster Street

  • 1 Unit for Sale
6027 West Dempster Street, Morton Grove, IL 60053
Commercial at 8732 Ferris Avenue,

5901 Dempster Street

  • 4 Units for Sale
5901 Dempster Street, Morton Grove, IL 60053
Commercial at 8732 Ferris Avenue,

8326 North Caldwell Avenue

  • 1 Unit for Sale
  • 2 Stories
8326 North Caldwell Avenue, Niles, IL 60714
Commercial at 8732 Ferris Avenue,

6729 Beckwith Road

  • 1 Unit for Sale
6729 Beckwith Road, Morton Grove, IL 60053

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 8732 Ferris Avenue located in?
The 8732 Ferris Avenue is a commercial located in the neighborhood of Niles in Morton Grove, Morton Grove.
How many listings are currently for sale in 8732 Ferris Avenue?
There is a listing currently on the market for sale.
What is the average sales price for listings in 8732 Ferris Avenue?
The average sales price for units in 8732 Ferris Avenue is $470,400 , or $127/sqft. currently.

Quantcast