NOT LISTED FOR SALE

1228 N Illinois Ave Arlington Heights, IL 60004

Estimated Value: $1,240,000 - $1,373,000

4 Beds
3 Baths
3,708 Sq Ft
$350/Sq Ft Est. Value

About This Home

This home is located at 1228 N Illinois Ave, Arlington Heights, IL 60004 and is currently estimated at $1,298,191, approximately $350 per square foot. 1228 N Illinois Ave is a home located in Cook County with nearby schools including Patton Elementary School, Thomas Middle School, and John Hersey High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2005
Sold by
Wright Signature Homes Ltd
Bought by
Chu James K and Chu Lisa L
Current Estimated Value
$1,298,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$764,000
Outstanding Balance
$431,768
Interest Rate
6.46%
Mortgage Type
Fannie Mae Freddie Mac
Estimated Equity
$866,423

Purchase Details

Closed on
Jun 7, 2004
Sold by
Cherikos William A
Bought by
Wright Signature Homes Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
4%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 1, 1999
Sold by
Veliotis Stella
Bought by
Cherikos William A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,600
Interest Rate
7.17%

Purchase Details

Closed on
Jan 5, 1998
Sold by
Jacobus Robert and Jacobus Diana
Bought by
Veliotis Stella
Source: Public Records

Range of Values:

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
Chu James K $955,000 Multiple
Wright Signature Homes Ltd $260,000 Atgf Inc
Cherikos William A $135,000 --
Veliotis Stella -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chu James K $764,000
Previous Owner Wright Signature Homes Ltd $550,000
Previous Owner Cherikos William A $129,600
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 $22,909 $85,778 $6,316 $79,462
2023 $22,036 $87,000 $6,316 $80,684
2022 $22,036 $87,000 $6,316 $80,684
2021 $19,495 $68,094 $4,573 $63,521
2020 $19,058 $68,094 $4,573 $63,521
2019 $19,009 $75,829 $4,573 $71,256
2018 $20,146 $72,470 $3,920 $68,550
2017 $19,926 $72,470 $3,920 $68,550
2016 $18,820 $72,470 $3,920 $68,550
2015 $16,474 $58,418 $3,484 $54,934
2014 $16,009 $58,418 $3,484 $54,934
2013 $15,590 $58,418 $3,484 $54,934
Source: Public Records

Map

Illinois Cook County Arlington Heights 60004

1228 N Illinois Ave, Arlington Heights, IL

This home is located at 1228 N Illinois Ave, Arlington Heights, IL 60004 and is currently estimated at $1,298,191, approximately $350 per square foot. 1228 N Illinois Ave is a home located in Cook County with nearby schools including Patton Elementary School, Thomas Middle School, and John Hersey High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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