NOT LISTED FOR SALE

101 S Chicago Ave Elwood, IL 60421

Estimated Value: $306,225 - $346,000

4 Beds
1.5 Baths
2,400 Sq Ft
$136/Sq Ft Est. Value

Last Sold June 03, 2021

Last sale price $225,000 $94 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,242/month

4 Days on Market

Highlights

  • Barn
  • Property is near a park
  • Wood Flooring
  • Mature Trees
  • Fireplace in Grand Entry Hall
  • 1-minute walk to Tyler Park

About This Home

As of June 2021

Don't judge the present by the wrapping! Turn of the century vintage "Painted Lady" grand Victorian with wrap around/screened porch on oversized corner lot. An abundance of magnificent original features. Vestibule style entryway. Glorious grand hall with unbelievable craftsmanship:astounding staircase w/built in lighting, original fireplace with custom tile, doors and coal box, sitting nook in classic Victorian walk in bay. You'll marvel at the 10' ceilings on the 1st floor, 9' celings on the 2nd floor. Elaborate original woodwork with grand details everywhere you look, including egg and dart moldings, 10" baseboards, solid oak pocket, panel and swing doors. Hardwood flooring including quartersawn full plank oak with picture frame and herringbone corners, pine and fir. Gorgeous stained, leaded and beveled glass windows. Vintage entertaining in the elegant dining room, complete with stained glass chandelier and built in china cabinet (with hidden peek through to see from kitchen to entry hall.) Updated kitchen boasts Prairie style cabinets, Talavera tile, granite counters, farm sink, island, serving pantry, tin ceiling. Pendant, up and down lighting; built in storage, plus separate vintage butler pantry and access to the rear staircase that leads from kitchen to upper hallway and laundry room. Second floor offers 4 generous bedrooms and a full bath with vintage pedestal sink and tub with handheld shower - there's room to expand into the laundry room to enlarge bath in the future. Full staircase to unfinished attic/third floor: great storage or imagine your future art studio here! Basement is accessible off the kitchen: original limestone foundation, with bulkhead door to the exterior, too. Gracious paver sidewalk with decorative accents. Cypress sided exterior needs a complete paint job. Slate roof is missing a few shingles, seller has replacements and will install when weather permits. Old barn has seen better days, as has the original 3-stall outhouse that's now a storage shed. There's a one car garage attached to the barn, room next to the garage for a future parking/drive off the paved alley. A truly unique opportunity to become the 4th owner/family since built. Pre-qualified conventional finance or cash buyers only.

Last Agent to Sell the Property

Kim Noonan

RE/MAX 10 License #471007923 Listed on: 03/20/2021

RE/MAX 10

Last Buyer's Agent

Chad Haug

C Edwards Real Estate License #471013028

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,480

Year Built

  • Built in 1896

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 150x125
  • Corner Lot
  • Paved or Partially Paved Lot
  • Mature Trees

Parking

  • 1 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Victorian Architecture
  • Stone Foundation
  • Slate Roof
  • Wood Siding

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Historic or Period Millwork
  • Ceiling height of 10 feet or more
  • Ceiling Fan
  • Attached Fireplace Door
  • Fireplace in Grand Entry Hall
  • Stained Glass
  • Entrance Foyer
  • Sitting Room
  • Formal Dining Room
  • Screened Porch
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer
  • Sink Near Laundry

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Radiator
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Additional Features

  • Property is near a park
  • Barn

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,480

Year Built

Built in 1896

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Victorian
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1896
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Attached Fireplace Doors/Screen
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, 2nd Floor Laundry, Built-in Features, 10' Ceiling, 9' Ceilings, Historic/Period Mlwk
  • LivingArea: 2400
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Sitting Room, Foyer, Pantry
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished,Exterior Access
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Grand Entry Hall
  • Total Sq Ft: 0
  • Attic: Full,Interior Stair,Unfinished
  • Door Features: Panel Door(s),Pocket Door(s)
  • Window Features: Some Stained Glass

Exterior Features

  • ExteriorFeatures: Porch, Porch Screened, Brick Paver Patio
  • Foundation Details: Stone
  • List Price: 219900
  • Lot Features: Corner Lot, Mature Trees
  • OtherStructures: Barn(s)
  • Roof: Slate
  • Waterfront: No
  • Exterior Building Type: Wood Siding

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: 3+ (Window/Wall Unit)
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Steam, Radiators
  • Laundry Features: Sink
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 203

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.43
  • Lot Dimensions: 150X125
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17

Tax Info

  • Tax Annual Amount: 5480.22
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2021
Closed on
May 28, 2021
Sold by
Ayers Michael A
Bought by
Majerus Kamron and Majerus Jessica
Seller's Agent
Kim Noonan
RE/MAX 10
Buyer's Agent
Chad Haug
C Edwards Real Estate
Sold Price
$225,000
Current Estimated Value
$325,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,806
Avg. Annual Appreciation
8.01%
Original Mortgage
$180,000
Outstanding Balance
$164,732
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$148,705

Purchase Details

Closed on
Dec 14, 2018
Sold by
Ayers Michael A
Bought by
Ayers Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,200
Interest Rate
5.48%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 24, 1995
Sold by
Johnson Clay A
Bought by
Ayers Michael A and Ayers Mary Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.65%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Majerus Kamron $225,000 Chicago Title
Ayers Michael A -- None Available
Ayers Michael A $140,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Majerus Kamron $41,196
Open Majerus Kamron $180,000
Previous Owner Ayers Michael A $140,200
Previous Owner Ayers Michael A $150,000
Previous Owner Ayers Michael A $115,000
Previous Owner Ayers Michael $85,000
Previous Owner Ayers Michael A $21,400
Previous Owner Ayers Michael A $127,600
Previous Owner Ayers Michael A $35,301
Previous Owner Ayers Michael A $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2021 06/03/21 Sold $225,000 +2.3% $94 / Sq Ft
03/25/2021 03/25/21 For Sale -- -- --
03/23/2021 03/23/21 Pending -- -- --
03/19/2021 03/19/21 For Sale $219,900 -- $92 / 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 $6,252 $98,773 $19,085 $79,688
2023 $6,252 $92,624 $18,474 $74,150
2022 $6,314 $89,123 $18,341 $70,782
2021 $6,034 $85,436 $17,585 $67,851
2020 $5,541 $79,194 $17,195 $61,999
2019 $5,480 $75,500 $16,800 $58,700
2018 $5,029 $67,831 $16,787 $51,044
2017 $4,888 $64,655 $16,004 $48,651
2016 $4,839 $63,418 $15,698 $47,720
2015 $4,865 $60,600 $15,000 $45,600
2014 $4,865 $60,600 $15,000 $45,600
2013 $4,865 $60,600 $15,000 $45,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10981399

Midwest Real Estate Data (MRED)

APN: 10-11-29-120-007