NOT LISTED FOR SALE

1040 Erie St Unit 501 Oak Park, IL 60302

Estimated Value: $312,037 - $393,000

-- Bed
-- Bath
58,984 Sq Ft
$6/Sq Ft Est. Value

About This Home

This home is located at 1040 Erie St Unit 501, Oak Park, IL 60302 and is currently estimated at $339,509, approximately $5 per square foot. 1040 Erie St Unit 501 is a home located in Cook County with nearby schools including Oliver W Holmes Elementary School, Gwendolyn Brooks Middle School, and Oak Park and River Forest High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2025
Sold by
Jones Gregory W and Jones Joyce E
Bought by
Gregory William Jones Living Trust and Joyce Edith Jones Living Trust
Current Estimated Value
$339,509

Purchase Details

Closed on
Dec 21, 2004
Sold by
Stagman Terry L
Bought by
Jones Gregory W and Jones Joyce E

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
5.82%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 17, 2002
Sold by
Barker Heidi M
Bought by
Stagman Terry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.7%

Purchase Details

Closed on
Feb 21, 2001
Sold by
Brown Jerome K
Bought by
Barker Heidi M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
7.18%

Purchase Details

Closed on
Apr 25, 1996
Sold by
Jepsen James and Jepsen Barbara L
Bought by
Barker Brown Jerome K and Barker Brown Heidi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,100
Interest Rate
7.86%
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.

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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.

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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.

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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.

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Average Value
Not Available
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
Gregory William Jones Living Trust -- None Listed On Document
Jones Gregory W $275,000 Cti
Stagman Terry L -- --
Barker Heidi M -- --
Barker Brown Jerome K $146,500 Prairie Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Gregory W $100,000
Previous Owner Stagman Terry L $112,000
Previous Owner Barker Heidi M $136,000
Previous Owner Barker Brown Jerome K $139,100
Source: Public Records

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 $6,760 $26,706 $1,340 $25,366
2023 $6,640 $26,706 $1,340 $25,366
2022 $6,640 $23,448 $1,436 $22,012
2021 $6,531 $23,447 $1,435 $22,012
2020 $6,521 $23,447 $1,435 $22,012
2019 $5,415 $20,287 $1,316 $18,971
2018 $5,208 $20,287 $1,316 $18,971
2017 $5,133 $20,287 $1,316 $18,971
2016 $4,606 $15,724 $1,100 $14,624
2015 $4,049 $15,724 $1,100 $14,624
2014 $5,269 $15,724 $1,100 $14,624
2013 $3,782 $16,128 $1,100 $15,028
Source: Public Records

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