NOT LISTED FOR SALE

1202 Madison St Lockport, IL 60441

Estimated Value: $315,000 - $350,000

4 Beds
2 Baths
1,800 Sq Ft
$184/Sq Ft Est. Value

Sale Details

Date Sold: September 28, 2022

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

Est. 33% increase in value since last sale

Current estimated payment $2,296 / mo

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2022
Closed on
Sep 22, 2022
Sold by
Bought by
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
26
Current Estimated Value
$331,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,651
Avg. Annual Appreciation
7.78%
Original Mortgage
$242,250
Outstanding Balance
$233,771
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$97,880

Purchase Details

Closed on
Aug 27, 1999
Sold by
Bought by

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
Bought by

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
Bought by

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
Bought by

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$255,000 Fidelity National Title
$146,500 Chicago Title Insurance Co
-- --
$135,000 --
$120,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $242,250
Previous Owner $138,850
Previous Owner $95,000
Previous Owner $118,814
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,182 $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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