NOT LISTED FOR SALE

1315 Gilbert Ave Downers Grove, IL 60515

Estimated Value: $976,000 - $1,210,934

3 Beds
2.5 Baths
2,600 Sq Ft
$418/Sq Ft Est. Value

Last Sold January 30, 2023

Last sale price $930,000 $358 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,787/month

37 Days on Market

Highlights

  • Waterfront
  • Mud Room
  • Home Office
  • Hillcrest Elementary School Rated A-
  • Screened Porch
  • Sitting Room

About This Home

As of January 2023

Fully renovated and expanded in 2014, this stunning modern craftsman has the look and feel of new construction. Located amongst the towering trees on magnificent Gilbert Avenue, this 3 bed/2.1 bath home will impress with luxury finishes throughout and a modern and open layout. First floor abounds with oversized moldings and features an enviable chef's kitchen with custom cabinetry, marble and walnut countertops, and exquisite Rohl faucet. Adjoining dining room with built in bench, coffered ceiling, and Visual Comfort lighting is perfect for entertaining with open flow into spacious and cozy family room with fireplace. Private and light filled office, powder room, and mudroom with built in lockers and desk complete the first floor. Second floor includes a Primary Bedroom retreat with soaring ceilings, two walk in closets, private sitting area (that can also be used as 2nd office or crib room), and coveted en suite bathroom. Stylish hall bath, convenient 2nd floor laundry, and two additional bedrooms upstairs both with hardwood flooring and walk in closets. Step outside to enjoy three outdoor living spaces on an oversized 50x374' park like lot that backs up to St. Joseph Creek and Denburn Woods. This home is very well appointed, fully move in ready, and located 3 blocks from town/train in sought after school district; Hillcrest, Herrick and Downers North. You could not reproduce this home currently for this price.

Last Agent to Sell the Property

Ann Sproat

Keller Williams Experience License #475179721 Listed on: 10/17/2022

Keller Williams Experience

Last Buyer's Agent

Margaret Peggie Costello

@properties Christie's International Real Estate License #475143557

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,403

Year Built

  • Built in 1925 | Remodeled in 2014

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 50 x 347
  • Waterfront

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Interior Spaces

  • 2,600 Sq Ft Home
  • 2-Story Property
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Sitting Room
  • Dining Room
  • Home Office
  • Screened Porch
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Schools

  • Hillcrest Elementary School
  • Herrick Middle School
  • North High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,403

Year Built

Built in 1925 | Remodeled in 2014

Lot Details

0

Parking

2

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: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2014
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2014

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • LivingArea: 2600
  • Room Type: Office, Sitting Room, Foyer, Mud Room, Screened Porch
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Plans

Exterior Features

  • List Price: 975000
  • Waterfront: Yes
  • Exterior Building Type: Brick,Combination

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Hillcrest Elementary School
  • High School: North High School
  • Middle/Junior School: Herrick Middle School
  • Middle/Junior School District: 58

Lot Info

  • Lot Size Acres: 0.4141
  • Lot Dimensions: 50 X 347
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 10402.96
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2022
Closed on
Jan 26, 2023
Sold by
Francis David and Francis Holly
Bought by
Johns Ashley and Miller Matthew Stevens
Seller's Agent
Ann Sproat
Keller Williams Experience
Buyer's Agent
Margaret Peggie Costello
@properties Christie's International Real Estate
List Price
$975,000
Sold Price
$930,000
Premium/Discount to List
-$45,000
-4.62%
Views
21
Current Estimated Value
$1,087,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,484
Avg. Annual Appreciation
4.26%
Original Mortgage
$558,000
Outstanding Balance
$542,590
Interest Rate
5.99%
Mortgage Type
New Conventional
Estimated Equity
$496,887

Purchase Details

Listed on
Sep 19, 2012
Closed on
Mar 12, 2013
Sold by
Picologlou Basil F and Picologlou Susan Marie
Bought by
Francis David and Francis Holly
Seller's Agent
Patrick Stanton
Patrick Commercial Real Estate
Buyer's Agent
Patrick Stanton
Patrick Commercial Real Estate
List Price
$349,000
Sold Price
$330,500
Premium/Discount to List
-$18,500
-5.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.05%
Original Mortgage
$297,450
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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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
Johns Ashley $930,000 Chicago Title
Francis David $330,500 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johns Ashley $558,000
Previous Owner Francis David $297,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2023 01/30/23 Sold $930,000 -4.6% $358 / Sq Ft
11/24/2022 11/24/22 Pending -- -- --
10/17/2022 10/17/22 For Sale $975,000 +195.0% $375 / Sq Ft
03/19/2013 03/19/13 Sold $330,500 0.0% $184 / Sq Ft
03/07/2013 03/07/13 Off Market $330,500 -- --
01/18/2013 01/18/13 Pending -- -- --
12/04/2012 12/04/12 For Sale $349,000 0.0% $194 / Sq Ft
10/05/2012 10/05/12 Pending -- -- --
09/19/2012 09/19/12 For Sale $349,000 -- $194 / 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 $12,254 $222,042 $76,766 $145,276
2023 $11,658 $204,120 $70,570 $133,550
2022 $11,113 $194,830 $66,820 $128,010
2021 $10,403 $192,610 $66,060 $126,550
2020 $10,212 $188,790 $64,750 $124,040
2019 $9,892 $181,150 $62,130 $119,020
2018 $8,443 $178,730 $61,790 $116,940
2017 $8,123 $171,990 $59,460 $112,530
2016 $7,897 $164,150 $56,750 $107,400
2015 $7,720 $154,430 $53,390 $101,040
2014 $7,111 $116,320 $47,190 $69,130
2013 $6,650 $115,780 $46,970 $68,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11654130

Midwest Real Estate Data (MRED)

APN: 09-07-406-005