NOT LISTED FOR SALE

1480 Louis Ave Elk Grove Village, IL 60007

Elk Grove Village East Neighborhood

Estimated Value: $1,255,066

-- Bed
-- Bath
12,974 Sq Ft
$97/Sq Ft Est. Value

About This Home

This home is located at 1480 Louis Ave, Elk Grove Village, IL 60007 and is currently priced at $1,255,066, approximately $96 per square foot. 1480 Louis Ave is a home located in Cook County with nearby schools including Rupley Elementary School, Grove Jr High School, and Elk Grove High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2021
Sold by
Mike Rite Corp
Bought by
3802 Potter Llc
Current Estimated Value
$1,255,066

Purchase Details

Closed on
May 25, 1999
Sold by
Windy City Cutting Die Inc
Bought by
Mike Rite Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
6.92%
Mortgage Type
Commercial
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
3802 Potter Llc -- Attorney
Mike Rite Corp $608,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mike Rite Corp $304,000
Closed Mike Rite Corp $243,200
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 $53,328 $210,000 $54,504 $155,496
2023 $54,194 $210,000 $54,504 $155,496
2022 $54,194 $221,804 $54,504 $167,300
2021 $53,854 $194,000 $54,504 $139,496
2020 $51,878 $194,000 $54,504 $139,496
2019 $49,623 $203,826 $54,504 $149,322
2018 $35,799 $130,500 $43,282 $87,218
2017 $35,543 $130,500 $43,282 $87,218
2016 $33,202 $130,500 $43,282 $87,218
2015 $35,852 $133,884 $41,679 $92,205
2014 $35,356 $133,884 $41,679 $92,205
2013 $34,558 $133,884 $41,679 $92,205
Source: Public Records

Map

Illinois Cook County Elk Grove Village 60007 Elk Grove Village East

1480 Louis Ave, Elk Grove Village, IL

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