NOT LISTED FOR SALE

1202 Madison St Lockport, IL 60441

Estimated Value: $276,000 - $371,000

4 Beds
2 Baths
1,800 Sq Ft
$175/Sq Ft Est. Value

Last Sold September 28, 2022

Last sale price $250,000 $139 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,175/month

22 Days on Market

Highlights

  • Formal Dining Room
  • 3 Car Detached Garage
  • Heating System Uses Steam
  • Milne Grove Elementary School Rated 9+
  • Breakfast Bar

About This Home

As of September 2022

NOT ONLY ARE YOU BUYING THIS HOME, BUT A PIECE OF HISTORY ! ONLY 4TH OWNER SINCE BUILT NEW IN THE 1890'S!!! ~ VINTAGE HOME WITH ALL THE TRIMMINGS ONCE CHERISHED ~ WOOD FLOORING ~ HIGH CEILINGS (10'+) ~ CROWN MOLDING ~ FRONT PORCH ~ 200 AMP ELECTRIC IN GARAGE - THAT WAS ONCE A CARRIAGE HOME FOR HORSES ~ COME SEE THIS BEAUTIFUL HISTORICAL HOME IN AWARD WINNING SCHOOL DISTRICT ~ CLOSE TO DOWNTOWN HISTORIC LOCKPORT WITH SHOPS / RESTAURANTS / THEATER AND THE NEW UP AND COMING OPERA HOUSE TO BE RE-OPENED ~ NEAR DELLWOOD PARK AND ALL IT HAS TO OFFER - BAND SHELTER - BIKE/HIKE TRAILS - NATIONALLY RENOWNED "THE CANYON" DISC GOLF COURSE

Last Agent to Sell the Property

Renee Saban

Coldwell Banker Real Estate Group License #475125389 Listed on: 08/01/2022

Coldwell Banker Real Estate Group

Last Buyer's Agent

Sean Ragee-Nelson

@properties Christie's International Real Estate License #475158014

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,924

Year Built

  • Built in 1890

Lot Details

  • 10,890 Sq Ft Lot
  • Lot Dimensions are 80 x 132

Parking

  • 3 Car Detached Garage
  • Gravel Driveway
  • Parking Included in Price

Home Design

  • Stone Foundation

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property
  • Decorative Fireplace
  • Formal Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Milne Grove Elementary School
  • Kelvin Grove Elementary Middle School
  • Lockport Township High School

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Radiator
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Community Well

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,924

Year Built

Built in 1890

Lot Details

0.25 Acres

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1890
  • 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
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Decorative
  • Fireplaces: 1
  • LivingArea: 1800
  • Room Type: Eating Area
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Foundation Details: Stone
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Vinyl Siding,Steel Siding

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Driveway: Gravel
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Heating: Natural Gas, Steam, Radiator(s)
  • Water Source: Community 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: Milne Grove Elementary School
  • High School: Lockport Township High School
  • Middle/Junior School: Kelvin Grove Elementary School

Lot Info

  • Lot Size Acres: 0.25
  • Lot Dimensions: 80 X 132
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4924.44
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2022
Closed on
Sep 22, 2022
Sold by
Berglund Steven J and Berglund Therese R
Bought by
Morris Timothy L and Morris Kathryn E
Seller's Agent
Renee Saban
Coldwell Banker Real Estate Group
Buyer's Agent
Sean Ragee-Nelson
@properties Christie's International Real Estate
List Price
$259,000
Sold Price
$250,000
Premium/Discount to List
-$9,000
-3.47%
Views
44
Current Estimated Value
$315,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,261
Avg. Annual Appreciation
6.85%
Original Mortgage
$242,250
Outstanding Balance
$233,771
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$81,490

Purchase Details

Closed on
Aug 27, 1999
Sold by
Palos Bank & Trust Company
Bought by
Berglund Steve J and Schmidt Berglund Therese R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,850
Interest Rate
7.61%

Purchase Details

Closed on
Aug 27, 1998
Sold by
Green Tina M
Bought by
Palos Bank & Trust Company and Trust #1-3697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
8.5%

Purchase Details

Closed on
Aug 17, 1998
Sold by
Joyce James S and Joyce Eleanor A
Bought by
Green Tina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
8.5%

Purchase Details

Closed on
Nov 27, 1995
Sold by
Carpenter Don C
Bought by
Joyce James S and Joyce Eleanor A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,814
Interest Rate
7.56%
Mortgage Type
FHA
Source: Public Records
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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
Morris Timothy L $255,000 Fidelity National Title
Berglund Steve J $146,500 Chicago Title Insurance Co
Palos Bank & Trust Company -- --
Green Tina M $135,000 --
Joyce James S $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Timothy L $242,250
Previous Owner Berglund Steve J $138,850
Previous Owner Green Tina M $95,000
Previous Owner Joyce James S $118,814
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2022 09/28/22 Sold $250,000 -3.5% $139 / Sq Ft
08/24/2022 08/24/22 Pending -- -- --
08/01/2022 08/01/22 For Sale $259,000 -- $144 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $5,891 $76,613 $22,151 $54,462
2023 $5,891 $68,779 $19,886 $48,893
2022 $5,354 $64,158 $18,550 $45,608
2021 $5,060 $60,294 $17,433 $42,861
2020 $4,924 $58,312 $16,860 $41,452
2019 $4,666 $55,272 $15,981 $39,291
2018 $4,375 $51,097 $14,774 $36,323
2017 $4,013 $46,382 $13,411 $32,971
2016 $3,750 $42,787 $12,372 $30,415
2015 $4,727 $51,130 $11,002 $40,128
2014 $4,727 $49,164 $10,579 $38,585
2013 $4,727 $50,167 $10,795 $39,372
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11479773

Midwest Real Estate Data (MRED)

APN: 11-04-23-413-001

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