NOT LISTED FOR SALE

111 S Lorraine Rd Wheaton, IL 60187

Estimated Value: $363,000 - $410,000

3 Beds
1 Bath
1,650 Sq Ft
$234/Sq Ft Est. Value

About This Home

3 bedroom, 1 large bath, cozy home in an ideal Wheaton location.
all updated and functional. This home rarely stays on the rental market long.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2022
Sold by
Trust No 13607
Bought by
Schmidt Family Revocable Trust
Current Estimated Value
$386,419

Purchase Details

Closed on
Feb 11, 2011
Sold by
Schmidt Michael
Bought by
West Suburban Bank and Trust #13607

Purchase Details

Closed on
Nov 17, 2004
Sold by
Wallace Joseph A and Wallace Tracy D
Bought by
Schmidt Michael P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,500
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2003
Sold by
Wallace Joseph A
Bought by
Wallace Joseph A and Wallace Tracy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
5.87%

Purchase Details

Closed on
Oct 30, 1998
Sold by
Dileonardi Christopher J and Dileonardi Jill L
Bought by
Wallace Joseph A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,528
Interest Rate
7.25%
Mortgage Type
VA

Purchase Details

Closed on
Sep 23, 1994
Sold by
Varisco Joseph A and Varisco Estelle
Bought by
Dileonardi Christopher J and Dileonardi Jill L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
8.55%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Schmidt Family Revocable Trust -- --
West Suburban Bank -- None Available
Schmidt Michael P $215,000 Baird & Warner Title Service
Wallace Joseph A -- First American Title
Wallace Joseph A $146,500 Chicago Title Insurance Co
Dileonardi Christopher J $130,000 Attorneys Natl Title Network
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schmidt Michael P $150,500
Previous Owner Wallace Joseph A $142,000
Previous Owner Wallace Joseph A $150,528
Previous Owner Dileonardi Christopher J $117,000
Closed Schmidt Michael P $53,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2025 12/04/25 For Rent $3,000 -- --

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 $6,762 $104,914 $31,908 $73,006
2023 $6,526 $96,570 $29,370 $67,200
2022 $6,320 $91,260 $27,750 $63,510
2021 $6,305 $89,090 $27,090 $62,000
2020 $5,861 $88,260 $26,840 $61,420
2019 $5,722 $85,930 $26,130 $59,800
2018 $5,797 $86,030 $24,630 $61,400
2017 $5,704 $82,850 $23,720 $59,130
2016 $5,621 $79,540 $22,770 $56,770
2015 $5,570 $75,880 $21,720 $54,160
2014 $5,499 $73,820 $21,830 $51,990
2013 $5,359 $74,050 $21,900 $52,150
Source: Public Records

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