NOT LISTED FOR SALE

1508 Gilbert Ave Downers Grove, IL 60515

Estimated Value: $637,150 - $779,000

3 Beds
2 Baths
2,246 Sq Ft
$308/Sq Ft Est. Value

Last Sold May 10, 2019

Last sale price $596,000 $265 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,468/month

39 Days on Market

Highlights

  • Mature Trees
  • Property is near a park
  • Loft
  • Hillcrest Elementary School Rated A-
  • Wood Flooring
  • 2-minute walk to Gilbert Park

About This Home

As of May 2019

Truly Spectacular! Enjoy this Downers Grove one of kind home. Situated on sought after Gilbert Ave on over a 3/4 of an acre, "double" lot! This 1924 rebuilt and rehabbed home features a 3 bedroom 2 bathroom floor plan with a first floor office, 2nd story loft, family room with fireplace and living room. A master bedroom suite with full bathroom and breathtaking 2nd story views! Full walk out basement, hand crafted woodwork, built in book shelving, foyer, hardwood floors, the list goes on and on! Professionally landscaped sprawling back yard! Enjoy wooded lot views from your custom brick patio. Close proximity to downtown Downers Grove, Metra Main St. & Belmont stations, easy highway access. Next to Gilbert Ave park. Restaurants, Library, Maple Grove forest preserve and Denburn Woods trails, creek and beautiful nature. Make an appointment to view today!

Last Agent to Sell the Property

Robert Findlay

Findlay Real Estate Group Inc License #471019089 Listed on: 03/01/2019

Co-Listed By

Valerie Findlay

Findlay Real Estate Group Inc License #475168571

Last Buyer's Agent

Maria Boulahanis

@properties Christie's International Real Estate License #475142720

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,659

Year Built | Renovated

  • 1924 | 2008

Lot Details

  • 0.8

Home Design

  • Stucco Exterior

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Built-In Features
  • Entrance Foyer
  • Home Office
  • Loft
  • Wood Flooring
  • Partially Finished Basement

Parking

  • Parking Available
  • Parking Space is Owned

Utilities

  • Central Air
  • Heating System Uses Gas

Additional Features

  • Brick Porch or Patio
  • Mature Trees
  • Property is near a park

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $2,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,659

Year Built | Renovated

1924 | 2008

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train
  • Recent Rehab: Yes
  • Age: 91-100 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Rehab Year: 2008
  • Total Full or Half Bathrooms: 2
  • Unfinished Basement Sq Ft: 609
  • Type Detached: 2 Stories
  • Estimated Year Built: 1924
  • Tax Exemptions: Homeowner
  • Total Sq Ft: 1259
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1924
  • Year Renovated: 2008

Interior Features

  • Interior Property Features: Hardwood Floors, Built-in Features
  • Number Of Rooms: 9
  • Living Room: Dimensions: 11X20, On Level: Main Level
  • Fireplace Location: Living Room
  • Basement: Partially Finished
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 10X12, On Level: Basement
  • Dining Room: Dimensions: 11X14, On Level: Main Level
  • Kitchen Type: Dimensions: 18X14, On Level: Main Level
  • Additional Rooms: Office, Loft, Foyer
  • Master Bedroom: Dimensions: 16X14, On Level: 2nd Level
  • Additional Room 1 Name: Office, Dimensions: 12X10, On Level: Main Level
  • Additional Room 2 Name: Loft, Dimensions: 16X14, On Level: 2nd Level
  • Bedroom 2: Dimensions: 12X12, On Level: 2nd Level
  • Additional Room 3 Name: Foyer, Dimensions: 12X13, On Level: Main Level
  • Bedroom 3: Dimensions: 12X11, On Level: 2nd Level
  • Estimated Sq Ft: 2246
  • Estimated Total Finished Sq Ft: 650
  • Basement Sq Ft: 1259
  • Basement Finished Sq Ft: 650
  • Family Room: Dimensions: 16X20, On Level: Main Level

Exterior Features

  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Stucco
  • Exterior Property Features: Brick Paver Patio
  • Acreage: 0.8

Garage/Parking

  • Number of Cars: 4
  • Parking: Space/s
  • Number Parking Spaces: 4
  • Parking On Site: Yes
  • Parking Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Assessed Sq Ft: 2246

Schools

  • School District: 99
  • Elementary School: Hillcrest Elementary School
  • Middle School: Herrick Middle School
  • High School: North High School
  • Junior High Dist: 58

Lot Info

  • Lot Dimensions: 55X306X55X307 & 59X307X60X308
  • Lot Description: Park Adjacent, Mature Trees
  • Parcel Identification Number: 0907220003

Tax Info

  • Taxes: 11302.50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2019
Closed on
May 9, 2019
Sold by
Brown David C and Brown Susan A
Bought by
Nowicki Mingru and Nowicki William A
Seller's Agent
Robert Findlay
Findlay Real Estate Group Inc
Buyer's Agent
Maria Boulahanis
@properties Christie's International Real Estate
List Price
$625,000
Sold Price
$596,000
Premium/Discount to List
-$29,000
-4.64%
Current Estimated Value
$690,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,788
Avg. Annual Appreciation
2.33%
Original Mortgage
$476,800
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Nowicki Mingru $596,000 Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nowicki Mingru $476,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2019 05/10/19 Sold $596,000 -4.6% $265 / Sq Ft
04/09/2019 04/09/19 Pending -- -- --
03/01/2019 03/01/19 For Sale $625,000 -- $278 / 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 $9,659 $176,713 $74,754 $101,959
2023 $9,181 $162,450 $68,720 $93,730
2022 $8,557 $151,400 $65,060 $86,340
2021 $8,010 $149,680 $64,320 $85,360
2020 $7,861 $146,720 $63,050 $83,670
2019 $7,612 $140,780 $60,500 $80,280
2018 $7,977 $145,570 $60,170 $85,400
2017 $7,725 $140,080 $57,900 $82,180
2016 $7,573 $133,690 $55,260 $78,430
2015 $7,492 $125,780 $51,990 $73,790
2014 $6,857 $112,380 $45,950 $66,430
2013 $6,717 $111,850 $45,730 $66,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10252044

Midwest Real Estate Data (MRED)

APN: 09-07-220-003