201 Juniper Cir
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201 Juniper Cir
0.55 Acres of Commercial Land Offered at $29,000 in Streamwood, IL 60107
Investment Highlights
- Access to highway systems
Executive Summary
Village requires building and parking lot to be demolished. Buyer pays their own broker.
This property is being offered for sale by the Cook County Land Bank Authority https://www.cookcountylandbank.org/.
This is not a traditional sale.
Differences:
You must apply on the CCLBA Website prior to touring property.
You will be vetted for outstanding Cook County Real Estate Taxes, Judgements, and Liens.
Once approved to tour, it is highly recommended to bring a contractor with you because these properties have typically been vacant for several years and need substantial rehabilitation.
You will need a contractor’s estimate to bring property to occupancy permit.
You will need a letter or email of support from the Village or City.
You will need to show the CCBA funds to acquire and rehab the property.
The Real Estate taxes on these properties are typically very high on a per foot basis. You will need a strategy to address this. Contact your Commercial Real Estate Tax Attorney to discuss.
Buying properties from the CCLBA is similar to buying properties at below foreclosure pricing.
Buyers pay their own brokers directly.
Similarities:
I am here to help you navigate through the process.
This property is being offered for sale by the Cook County Land Bank Authority https://www.cookcountylandbank.org/.
This is not a traditional sale.
Differences:
You must apply on the CCLBA Website prior to touring property.
You will be vetted for outstanding Cook County Real Estate Taxes, Judgements, and Liens.
Once approved to tour, it is highly recommended to bring a contractor with you because these properties have typically been vacant for several years and need substantial rehabilitation.
You will need a contractor’s estimate to bring property to occupancy permit.
You will need a letter or email of support from the Village or City.
You will need to show the CCBA funds to acquire and rehab the property.
The Real Estate taxes on these properties are typically very high on a per foot basis. You will need a strategy to address this. Contact your Commercial Real Estate Tax Attorney to discuss.
Buying properties from the CCLBA is similar to buying properties at below foreclosure pricing.
Buyers pay their own brokers directly.
Similarities:
I am here to help you navigate through the process.
Financial Summary (Actual - 2021) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2021) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
| Price | $29,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Conditions | High Vacancy Property | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.55 AC |
| Price | $29,000 |
| Sale Type | Investment |
| Sale Conditions | High Vacancy Property |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.55 AC |
1 Lot Available
Lot
| Price | $29,000 | Lot Size | 0.55 AC |
| Price Per AC | $53,004 |
| Price | $29,000 |
| Price Per AC | $53,004 |
| Lot Size | 0.55 AC |
Description
Chance to build single family or expand town house development. Streamwood was recently names a top 10 Illinois place to raise kids, retire, and watch sunsets.
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $1,376,610 (2023) | |
| Land Assessment | $533,230 (2023) | Annual Taxes | ($1) |
| Improvements Assessment | $843,380 (2023) | Tax Year | 2021 Payable 2022 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$533,230 (2023)
Improvements Assessment
$843,380 (2023)
Total Assessment
$1,376,610 (2023)
Annual Taxes
($1)
Tax Year
2021 Payable 2022
zoning
| Zoning Code | Residential |
| Residential |
-
Steven Kohn -
Avison Young
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201 Juniper Cir
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