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535 West Lincoln Highway

535 West Lincoln Highway, Chicago Heights, IL 60411
Property in Bloom
1 Units For Sale
Unit for sale at 535 Lincoln Highway, Chicago Heights, IL 60411

$185,000

  • Commercial
535 Lincoln Highway, Chicago Heights, IL 60411 Listing by Anthony Meier

535 West Lincoln Highway has been categorized by the local assessors in Chicago Heights, IL as a commercial type of property. The building on the property was first built in 1977 and is 47 years old. The area measurement of the land has been determined as 6,909 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 535 West Lincoln Highway sold most recently in Jan 1, 1970 for a total of $296,800. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,164 in taxes each year. 535 West Lincoln Highway was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $6,835. If we break it down further, the land itself was valued at $5,182. Improvements to the property, however, were assessed at a total of $1,653. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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 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: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Unknown
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,909
  • 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: SONS
  • Land Acres: 0.159
  • Standard Land Use Code: Commercial (general)

Ownership

  • Current Owner : BANK CALUMET NA
  • Current Owner 2: TRUST #2608
  • Previous Owner : FORD LEASING DEVELOPMENT CO
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Bank Owned
  • Vacant Flag Date: Mar 28, 2024

Neighborhood

  • School District Name: Chicago Heights School District 170
  • Census Tract: 829302

Geography

  • District: 12
  • Parcel: 32-19-102-009-0000
  • Lot: 2
  • Meridian: SEC 19 TWN 35N RNG 14E
  • Municipality: BLOOM
  • Latitude: 41.507
  • Longitude: -87.6667

    Address

  • Full Address: 535 W Lincoln Hwy
  • Address - House Number: 535
  • Street Direction: W
  • Address - Street Name: Lincoln
  • Address - Suffix Type: Hwy
  • State: IL
  • City Name: Chicago Heights
  • Carrier Code: C011
  • 4-Digit Zip Code: 2385
  • Zip Code: 60411

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,164
  • Tax Rate Code Area: 12127

    Market Valuation

  • Market Total Value: $27,340
  • Market Land Value: $20,728
  • Market Improvement Value: $6,612

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,835
  • Assessed Land Value: $5,182
  • Assessed Improvements Value: $1,653

    Sales

  • Current Sale Recording Date: Dec 29, 2003
  • Current Sale Transaction ID: 1096035290
  • Current Sale Price: $296,800
  • Current Sale Document Type: Limited Warranty Deed
  • Current Sale Input Document Number: 0336327179

    Last Sale Mortgage

  • First Mortgage Lender: HERITAGE BANK
  • First Mortgage Transaction Date: Dec 29, 2003
  • First Mortgage Loan Amount: $319,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jan 01, 2009

    Financing

  • First Mortgage Financing Type: Unknown

About Chicago Heights



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Frequently Asked Questions

What neighborhood is 535 West Lincoln Highway located in?
The 535 West Lincoln Highway is a located in the neighborhood of Bloom in Chicago Heights, Chicago Heights.
How many listings are currently for sale in 535 West Lincoln Highway?
There is a listing currently on the market for sale.
What is the average sales price for listings in 535 West Lincoln Highway?
The average sales price for units in 535 West Lincoln Highway is $185,000 currently.

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