NOT LISTED FOR SALE

1005 W Hillgrove Ave La Grange, IL 60525

Estimated Value: $533,000 - $708,000

6 Beds
2 Baths
2,320 Sq Ft
$260/Sq Ft Est. Value

Last Sold May 20, 2024

Last sale price $512,000 $221 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,354/month

8 Days on Market

Highlights

  • 2 Car Detached Garage
  • Ogden Ave Elementary School Rated A
  • 4-minute walk to Lagrange/Stone Avenue Station

About This Home

As of May 2024

Calling all investors! Brick Duplex each 3 Bedroom/1 Bath, with oak floors, full unfinished private basement with lots of storage. 2 car garage and driveway parking. Location can't be beat. Close to Award Winnings Schools, shopping, restaurants, train, and expressways. Property is being conveyed "as-is". The current tenant has lease through May with potential to re-sign. Can be shown Text LA to schedule or if you have any questions.

Last Agent to Sell the Property

Melissa Westerhoff

Myslicki Real Estate License #475151580 Listed on: 04/20/2024

Last Buyer's Agent

Janet Ocampo

Kale Realty License #475193879

Kale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,211

Year Built

  • Built in 1957

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 135x100

Parking

  • 2 Car Detached Garage
  • 2 Open Parking Spaces
  • Parking Included in Price

Home Design

  • Duplex
  • Brick Exterior Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Schools

  • Ogden Ave Elementary School
  • Park Junior High School
  • Lyons Twp High School

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,211

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1957
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0

Exterior Features

  • List Price: 499900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • OpenParkingSpaces: 2
  • ParkingTotal: 4
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Heating: Natural Gas
  • Water Source: Lake Michigan

Schools

  • Elementary School: Ogden Ave Elementary School
  • High School: Lyons Twp High School
  • Middle/Junior School: Park Junior High School
  • Middle/Junior School District: 102

Lot Info

  • Lot Size Acres: 0.25
  • Lot Dimensions: 135X100
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 13211
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: Duplex Side by Side

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2024
Closed on
May 15, 2024
Sold by
Chicago Title Land Trust Co
Bought by
Ocampo Janet M
Seller's Agent
Melissa Westerhoff
Myslicki Real Estate
Buyer's Agent
Janet Ocampo
Kale Realty
List Price
$499,900
Sold Price
$512,000
Premium/Discount to List
$12,100
2.42%
Current Estimated Value
$601,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,133
Avg. Annual Appreciation
4.71%
Original Mortgage
$486,400
Outstanding Balance
$481,778
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$59,797
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ocampo Janet M $512,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ocampo Janet M $486,400
Previous Owner Chicago Title Land & Trust Co $100,000
Previous Owner Harris Bank Hinsdale Na $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2024 05/20/24 Sold $512,000 +2.4% $221 / Sq Ft
04/21/2024 04/21/24 For Sale $499,900 -- $215 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $12,403 $50,000 $8,250 $41,750
2023 $13,211 $50,000 $8,250 $41,750
2022 $13,211 $44,992 $6,750 $38,242
2021 $12,689 $44,991 $6,750 $38,241
2020 $12,420 $44,991 $6,750 $38,241
2019 $13,548 $49,107 $6,187 $42,920
2018 $13,664 $50,492 $6,187 $44,305
2017 $13,303 $50,492 $6,187 $44,305
2016 $11,682 $39,925 $5,437 $34,488
2015 $10,920 $39,925 $5,437 $34,488
2014 $10,748 $39,925 $5,437 $34,488
2013 $11,517 $43,593 $5,437 $38,156
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12035004

Midwest Real Estate Data (MRED)

APN: 18-05-220-029-0000