NOT LISTED FOR SALE

1120 N Forrest Ave Arlington Heights, IL 60004

Estimated Value: $460,000 - $1,113,000

3 Beds
1 Bath
1,200 Sq Ft
$574/Sq Ft Est. Value

Last Sold August 11, 2021

Last sale price $350,000 $292 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $4,972/month

36 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • 2.5 Car Detached Garage
  • Anne Sullivan Elementary School Rated A-
  • Fenced Yard
  • Patio

About This Home

As of August 2021

Stellar opportunity to build on a gorgeous half acre parcel or move in and enjoy this solid brick 3 bedroom ranch. Sensational and rarely available 100x200 lot offers endless potential. The current home on the lot: features original ranch with family room addition and finished basement. Recent improvements to current home include: newer roof and hot water heater. Spectacular location: located just minutes to restaurants, shopping, parks, train and highly acclaimed Hersey High School. Home needs TLC being sold AS-IS.

Last Agent to Sell the Property

Maria DelBoccio

@properties Christie?s International Real Estate License #475146842 Listed on: 05/19/2021

@properties Christie?s International Real Estate

Co-Listed By

Diane Marchetti

@properties Christie?s International Real Estate License #475127061

Last Buyer's Agent

Maria DelBoccio

@properties Christie?s International Real Estate License #475146842 Listed on: 05/19/2021

@properties Christie?s International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,378

Year Built

  • Built in 1957

Lot Details

  • Lot Dimensions are 100x200
  • Fenced Yard

Parking

  • 2.5 Car Detached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,200 Sq Ft Home
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Unfinished Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Patio

Schools

  • Anne Sullivan Elementary School
  • Macarthur Middle School
  • John Hersey High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well

Community Details

  • Ranch

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,378

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1957
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • LivingArea: 1200
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Attic: Unfinished

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2.5
  • Number of Cars: 2.5
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Anne Sullivan Elementary School
  • High School: John Hersey High School
  • Middle/Junior School: Macarthur Middle School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 100X200
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 5378.1
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2022
Sold by
Zender Joseph Brian and Klaus John Luis
Bought by
Zender Joseph Brian and The Joseph Brian Zender Revocable Trust
Current Estimated Value
$688,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$925,649
Interest Rate
3.45%
Estimated Equity
-$236,681

Purchase Details

Closed on
Jan 21, 2022
Sold by
Zender Joseph Brian and Klaus John Luis
Bought by
Zender Joseph Brian and The Joseph Brian Zender Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$925,649
Interest Rate
3.45%
Estimated Equity
-$236,681

Purchase Details

Listed on
May 19, 2021
Closed on
Aug 10, 2021
Sold by
Sk Homes And Development Llc
Bought by
Zender Joseph Brian and Klaus John Louis
Seller's Agent
Maria DelBoccio
@properties Christie?s International Real Estate
Buyer's Agent
Maria DelBoccio
@properties Christie?s International Real Estate
List Price
$379,900
Sold Price
$350,000
Premium/Discount to List
-$29,900
-7.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.41%
Original Mortgage
$280,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 16, 2020
Closed on
Jan 14, 2021
Sold by
Custode Michael L and Custode Alyson E
Bought by
Sk Homes & Development
Seller's Agent
Tomas Sumsky
Baird & Warner
Buyer's Agent
Joanna Pikus
EHomes Realty, Ltd
List Price
$299,900
Sold Price
$275,000
Premium/Discount to List
-$24,900
-8.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.62%

Purchase Details

Closed on
Aug 2, 2016
Sold by
Forrest Avenue Iii Llc
Bought by
Custode Michael L and Custode Alyson E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,797
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 11, 2005
Sold by
Rosene Raymond A and Rosene Kerry F
Bought by
Forrest Avenue Iii Llc

Purchase Details

Closed on
Apr 25, 2000
Sold by
Field Michael E and Field Steffany
Bought by
Rosene Raymond A and Rosene Kerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
8.24%

Purchase Details

Closed on
Jun 6, 1997
Sold by
Field Michael F and Field Steffany
Bought by
Field Michael F and Field Steffany
Source: Public Records

Range of Values:

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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
Zender Joseph Brian -- --
Zender Joseph Brian -- --
Zender Joseph Brian $350,000 Proper Title
Sk Homes & Development $275,000 Saturn Title Llc
Custode Michael L $232,000 Chicago Title
Forrest Avenue Iii Llc $360,000 Cti
Rosene Raymond A -- --
Field Michael F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zender Joseph Brian $1,000,000
Previous Owner Zender Joseph Brian $280,000
Previous Owner Custode Michael L $227,797
Previous Owner Rosene Raymond A $182,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/11/2021 08/11/21 Sold $350,000 -7.9% $292 / Sq Ft
06/24/2021 06/24/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $379,900 +38.1% $317 / Sq Ft
01/29/2021 01/29/21 Sold $275,000 -8.3% $286 / Sq Ft View Prior Sale
01/10/2021 01/10/21 Pending -- -- --
12/16/2020 12/16/20 For Sale $299,900 -- $312 / 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 $16,392 $100,576 $20,000 $80,576
2023 $4,237 $56,192 $20,000 $36,192
2022 $4,237 $15,500 $15,500 $0
2021 $5,493 $20,627 $11,500 $9,127
2020 $5,391 $20,627 $11,500 $9,127
2019 $5,378 $22,996 $11,500 $11,496
2018 $8,441 $28,108 $10,000 $18,108
2017 $8,350 $28,108 $10,000 $18,108
2016 $7,775 $28,108 $10,000 $18,108
2015 $7,579 $24,723 $8,500 $16,223
2014 $7,519 $24,723 $8,500 $16,223
2013 $7,350 $24,723 $8,500 $16,223
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11093283

Midwest Real Estate Data (MRED)

APN: 03-21-303-022-0000