NOT LISTED FOR SALE

1318 Argo Ln Unit 3 Lockport, IL 60441

Estimated Value: $419,292

2 Beds
1 Bath
980 Sq Ft
8,276 Sq Ft Lot

Highlights

  • Living Room
  • Ludwig Elementary School Rated 10
  • Forced Air Heating and Cooling System

About This Home

As of December 2022

Second floor unit with neutral colors. Newer carpeting and paint. In unit laundry a plus! Stainless appliances including microwave. Close to shopping, I 355 and more. No pets please

Last Agent to Rent the Property

Margaret Arnold

Coldwell Banker Realty License #475096388 Listed on: 11/08/2022

Coldwell Banker Realty

Last Renter's Agent

Michelle Ward

Coldwell Banker Real Estate Group License #475175374

Coldwell Banker Real Estate Group

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,935

Year Renovated

  • 2019

Lot Details

  • 8,276

Home Design

  • Slab Foundation

Interior Spaces

  • 980 Sq Ft Home
  • 2-Story Property
  • Living Room

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Parking Included in Price

Schools

  • Lockport Township High School

Utilities

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

Community Details

  • No Pets Allowed

Listing and Financial Details

  • Property Available on 11/8/22
  • Rent includes parking, scavenger, exterior maintenance, lawn care, snow removal

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,935

Year Renovated

2019

Lot Details

0

Rental Info

  • Available Date: 2022-11-08
  • Board Number: 10
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Attached
  • Rental Price: 1250
  • Is Parking Included in Price: Yes

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • Property Sub-Type: Attached
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2019
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Renovated: 2019

Interior Features

  • Appliances: Range, Microwave, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 980
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 1250
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Sewer-Storm
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Community Well

Condo/Co-op/Association

  • Pets Allowed: No
  • Rent Includes: Parking, Scavenger, Exterior Maintenance, Lawn Care, Snow Removal

Schools

  • High School: Lockport Township High School
  • Middle/Junior School District: 91

Lot Info

  • Lot Dimensions: COMMON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2025
Sold by
Arnold Robert J and Arnold Margaret M
Bought by
1318 Argo Lane Llc
Current Estimated Value
$419,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$514,400
Outstanding Balance
$507,163
Interest Rate
6.72%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$87,871

Purchase Details

Closed on
Dec 20, 2016
Sold by
Chicago Title Land Trust Company
Bought by
Mid American Properties Llc -1316-1318 A

Purchase Details

Closed on
Oct 25, 2010
Sold by
The Privatebank & Trust Company
Bought by
Arnold Robert J and Arnold Margaret Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,000
Interest Rate
4.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 30, 2010
Sold by
Arnold Robert J
Bought by
The Privatebank & Trust Company and Trust #6790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,000
Interest Rate
4.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 23, 2010
Sold by
Arnold Robert J and Arnold Margaret Mary
Bought by
Arnold Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,000
Interest Rate
4.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 30, 2010
Sold by
The Privatebank & Trust Company
Bought by
Arnold Robert J and Arnold Margaret Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,000
Interest Rate
4.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 6, 2007
Sold by
Arnold Robert J and Arnold Jacquelin M
Bought by
Founders Bank and Trust #6790

Purchase Details

Closed on
Jul 31, 2006
Sold by
Founders Bank
Bought by
Arnold Robert J and Arnold Jacquelin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.78%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 17, 2005
Sold by
Popovits Darek N
Bought by
Founders Bank and Trust #6790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 2005
Sold by
Harris Bank Joliet Na
Bought by
Popvits Darek N
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
1318 Argo Lane Llc $643,000 Chicago Title
Arnold Robert J -- Chicago Title
Mid American Properties Llc -1316-1318 A -- Chicago Title Land Trust Co
Arnold Robert J -- First American Title
The Privatebank & Trust Company -- First American Title
Arnold Robert J -- First American Title
Arnold Robert J -- None Available
Founders Bank -- None Available
Arnold Robert J -- First American Title
Founders Bank $270,000 Ticor Title Insurance Compan
Popvits Darek N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1318 Argo Lane Llc $514,400
Previous Owner Arnold Robert J $317,000
Previous Owner Arnold Robert J $315,000
Previous Owner Founders Bank $266,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2022 12/05/22 Rented $1,250 0.0% --
11/15/2022 11/15/22 Off Market $1,250 -- --
11/08/2022 11/08/22 For Rent $1,250 -- --
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 $5,935 $77,161 $22,274 $54,887
2023 $5,935 $69,271 $19,996 $49,275
2022 $5,157 $63,697 $18,387 $45,310
2021 $5,170 $63,697 $18,387 $45,310
2020 $5,216 $63,697 $18,387 $45,310
2019 $5,203 $63,697 $18,387 $45,310
2018 $5,038 $60,428 $17,443 $42,985
2017 $5,105 $60,428 $17,443 $42,985
2016 $5,183 $60,428 $17,443 $42,985
2015 -- $60,428 $17,443 $42,985
2014 -- $55,952 $16,151 $39,801
2013 -- $55,952 $16,151 $39,801
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11669446

Midwest Real Estate Data (MRED)

APN: 11-04-13-410-010