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Sold on 12/20/2017
Christine Klein of CENTURY 21 New Heritage

37 W550 Binnie Rd, Dundee, IL 60118

$545,200

Last sold 12/20/2017 for $320K

  • —

    bed

  • —

    bath

  • 27,000

    Sqft ($12/Sqft)

Planned Unit Development not for sale
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About 37 W550 Binnie Rd

Property type Planned Unit Development
Year built 1950
HOA fee $0/month
Lot size 5.13 Acre
Movoto estimate
Rental estimate
Property description
A rare opportunity to own this very unique property. Oak Hill Gardens was once a thriving world known orchid farm. This property includes a 2,000 sq.ft. 3 bedroom home - 3 car detached garage - 21,000 sq.ft. in greenhouse space with apartment and 2 car garage - 1,200 sq.ft. "party barn" - small horse barn - and approximately 2.5 acres in tillable land. Total land space is 5.1349 acres with F district zoning. Bring your farming/gardening ideas and capitalize on this once in a lifetime opportunity.
Listed by
Listing Agent - Christine Klein
Listing Office - CENTURY 21 New Heritage
Source: MRED mls logo
MLS#09792021 • last updated 8 years ago
Movoto checked MRED for data 16 minutes ago
Overview
Cooling/AC Partial
Levels/Style 1
MLS # 9792021
Type Instut/To Develop
Property Tax $ 12889
Year Built 1950
Exterior
Foundation Concrete
Exterior Frame, Block, Glass
# Of Parking Spaces 25
Location
County Kane
Directions Binnie Road - 1/2 Mile West Of Randall On The North Side
APN 318100004
Zoning OTHER
Multifamily Details
Tenant Pays None
Lot/ Land Details
Road Frontage Township Road
Possible Use Agricultural/W Bldg
Current Use Agricultural/W Bldg
$545K
Range: $487K-$603K
Last 30 days 
Rental est.: $2,277/month
Gross rent multiplier: 11.7
  • Sep 2022
    Public Records
  • Sep 7, 2022 Sold
    $590,000 (-9.2%)
  • Jun 2022
    mls logo MLS # 11132654
  • Jun 20, 2022 Active
    —
  • Jun 9, 2022 Listed
    $650,000 (-13.3%)
  • Mar 3, 2022 Active
    —
  • Jan 24, 2022 Price Change
    $750,000 (-2.6%)
  • Dec 23, 2021 Price Change
    $770,000 (-3.8%)
  • Jun 23, 2021 Listed
    $800,000 (+66.7%)
  • Dec 2017
    Public Records
  • Dec 21, 2017 Sold
    $480,000 (+50.0%)
  • Dec 2017
    mls logo MLS # 09792021
  • Dec 20, 2017 Sold
    $320,000 (-14.7%)
  • Nov 2, 2017 Contingent
    —
  • Oct 31, 2017 Listed
    $375,000 (+1.5%)
  • Sep 2014
    mls logo MLS # 08549804
  • Sep 19, 2014 Cancelled
    —
  • Aug 1, 2014 Price Change
    $369,500 (-1.4%)
  • Jul 16, 2014 Price Change
    $374,900 (-1.3%)
  • Jul 2, 2014 Price Change
    $379,900 (-4.8%)
  • Jun 12, 2014 Price Change
    $399,000 (-7.0%)
  • Apr 3, 2014 Price Change
    $428,876 (-4.7%)
  • Mar 4, 2014 Listed
    $449,900 (-5.3%)
  • Dec 2013
    mls logo MLS # 08406430
  • Dec 15, 2013 Cancelled
    —
  • Jul 29, 2013 Listed
    $474,999 (+18.7%)
  • Feb 2013
    mls logo MLS # 08043346
  • Feb 8, 2013 Sold
    $400,000
  • Apr 16, 2012 Listed
    $699,000
  • Feb 2013
    Public Records
  • Feb 6, 2013 Sold
    $400,000 (-42.8%)
  • Year Property taxes Tax assessment
  • 2025
    $13,464 +4.3%
    $196,647 -0.01%
  • 2024
    $12,905 -10.2%
    $196,667
  • 2023
    $14,369 +34.8%
    $196,667 +32.56%
  • 2022
    $10,660 +2.9%
    $148,358 +5.91%
  • 2021
    $10,355 +1.9%
    $140,079 +2.3%
  • 2020
    $10,164 +2.7%
    $136,929 +5.34%
  • 2019
    $9,897 -20.8%
    $129,987 -17.07%
  • 2018
    $12,499 -0.1%
    $156,746 +6.9%
  • 2017
    $12,518 -2.9%
    $146,629 +3.28%
  • 2016
    $12,888
    $141,972
  • 37 W550 Binnie Rd
    $320K
  • —
  • 60118
    $413K +3% y/y
  • Dundee
    $820K -34% y/y
No chart available
Statistics calculated by Movoto

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