NOT LISTED FOR SALE

1531 Elgin Ave Forest Park, IL 60130

Estimated Value: $382,000 - $399,000

3 Beds
2 Baths
1,692 Sq Ft
$231/Sq Ft Est. Value

Last Sold July 03, 2014

Last sale price $217,000 $128 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,720/month

Highlights

  • Wood Flooring
  • Home Office
  • Porch
  • Main Floor Bedroom
  • Stainless Steel Appliances
  • 3-minute walk to Reiger Park

About This Home

As of November 2022

Welcome home to this impeccably maintained 4 bedroom 2 bath bungalow located on a lovely tree-lined street. Enjoy 2 bedrooms on the main level, while the second level has a dedicated office area and primary bedroom. The finished basement is spacious with a fourth bedroom (with private access via exterior door), a full bathroom, and abundant closet space. The home is situated on an extra-wide lot with a two-car garage plus two exterior parking spots. There's plenty of outdoor space to entertain in the professionally landscaped/maintained and completely fenced-in backyard. Notable updates: New SS kitchen appliances (2022), exterior painting (2022), new water heater (2021), office remodel (2021), backflow/flood control mitigation system (2020), basement remodel (2019), bathroom remodel (2019), Ecobee thermostat, and more. Landlord is a licensed real estate broker. *Minimum credit score requirement of 680. Scores over 680 do not guarantee acceptance. All applicants over the age of 18 must be listed on the application and complete a background check. At minimum 9-month lease is required, then month to month is acceptable. Proof of income is required.

Last Agent to Rent the Property

Kyle Castelo

ALTOGETHER REALTY License #475171014 Listed on: 09/14/2022

Last Renter's Agent

Dawn Marie Butkunas

United Real Estate - Chicago License #471022383

United Real Estate - Chicago

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,714

Year Built

  • Built in 1925

Lot Details

  • 4,704

Home Design

  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,692 Sq Ft Home
  • 1.5-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Wood Flooring

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price

Schools

  • Betsy Ross Elementary School
  • Forest Park Middle School
  • Proviso East High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Porch
  • Lot Dimensions are 37x125

Listing and Financial Details

  • Property Available on 10/1/22
  • Rent includes parking, scavenger

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,714

Year Built

Built in 1925

Lot Details

0

Rental Info

  • Available Date: 2022-10-01
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Detached
  • Rental Price: 3000
  • Security Deposit: 1 MO
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 50

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Detached: 1.5 Story
  • Property Sub-Type: Detached
  • Year Built: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s), Gas Cooktop, Gas Oven
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Finished Sq Ft: 647
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Full Bath
  • LivingArea: 1692
  • Room Type: Office
  • Estimated Total Finished Sq Ft: 1692
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Total Sq Ft: 1045
  • Basement Sq Ft: 709
  • Total Sq Ft: 1754
  • Unfinished Basement Sq Ft: 62
  • Upper Level Sq Ft: 344
  • Main Level Sq Ft: 701
  • ResoLivingAreaSource: Other

Exterior Features

  • ExteriorFeatures: Porch
  • List Price: 3000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Stucco

Garage/Parking

  • Parking Features: Off Alley
  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Deposit Required, Dogs OK, Number Limit, Size Limit
  • Rent Includes: Parking, Scavenger

Schools

  • Elementary School: Betsy Ross Elementary School
  • High School: Proviso East High School
  • Middle/Junior School: Forest Park Middle School
  • Middle/Junior School District: 91

Lot Info

  • Lot Dimensions: 37X125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2014
Closed on
Jun 30, 2014
Sold by
Butterly Mark and Butterly Katherine
Bought by
Castelo Kyle and Crain Michelle
Seller's Agent
Kelly O'Brien
Coldwell Banker Real Estate Group
Buyer's Agent
Jim Cahill
Berkshire Hathaway HomeServices Chicago
List Price
$229,000
Sold Price
$217,000
Premium/Discount to List
-$12,000
-5.24%
Current Estimated Value
$390,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,034
Avg. Annual Appreciation
5.34%
Original Mortgage
$195,300
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2003
Sold by
Fifth Third Bank
Bought by
Butterly Mark and Butterly Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,920
Interest Rate
5.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 5, 2002
Sold by
Mcwilliams Gilbert
Bought by
Fifth Third Bank and Trust #17056
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
Castelo Kyle $217,000 Chicago Title Insurance Co
Butterly Mark $230,000 Pntn
Fifth Third Bank $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Castelo Kyle $195,300
Previous Owner Butterly Mark $183,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/04/2022 11/04/22 Rented $3,000 0.0% --
09/14/2022 09/14/22 For Rent $3,000 0.0% --
07/03/2014 07/03/14 Sold $217,000 -5.2% $266 / Sq Ft View Prior Sale
05/20/2014 05/20/14 Pending -- -- --
04/04/2014 04/04/14 For Sale $229,000 -- $281 / 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 $7,714 $23,796 $3,515 $20,281
2023 $5,796 $29,000 $3,515 $25,485
2022 $5,796 $19,592 $2,695 $16,897
2021 $5,536 $19,592 $2,695 $16,897
2020 $6,219 $21,848 $2,695 $19,153
2019 $6,298 $21,315 $2,460 $18,855
2018 $6,400 $21,993 $2,460 $19,533
2017 $6,279 $21,993 $2,460 $19,533
2016 $4,606 $15,351 $2,226 $13,125
2015 $5,415 $15,351 $2,226 $13,125
2014 $4,424 $15,351 $2,226 $13,125
2013 $5,263 $18,903 $2,226 $16,677
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11628745

Midwest Real Estate Data (MRED)

APN: 15-24-215-033-0000