NOT LISTED FOR SALE

1641 40th St Downers Grove, IL 60515

Estimated Value: $595,000 - $678,000

4 Beds
3 Baths
2,700 Sq Ft
$232/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $450,000 $167 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,000/month

9 Days on Market

Highlights

  • Deck
  • Wood Burning Stove
  • Wood Flooring
  • Belle Aire Elementary School Rated A-
  • Recreation Room
  • L-Shaped Dining Room

About This Home

As of June 2022

Tenant in home until July 1st -- Welcome to this 4 bedroom, 3 bath home with living space for everyone. Stunning master suite on 3rd level provides a sanctuary to get away from it all. Spa-like ensuite bath with 2 sinks and vanities, large walk-in shower and walk-in closet with organizer. 3 bedrooms with full bath on 2nd level. Main floor features hardwood floors, built in window seat and custom kitchen with granite counters and stainless steel appliances. Finished lower level with family room/media room, office/5th bedroom and full bathroom. Sub basement finished rec room and utility room/storage space. Sprawling back yard with shed and space to enjoy the outdoors. Downers Grove North HS

Last Agent to Sell the Property

Lucy Matune

Baird & Warner License #475128184 Listed on: 04/25/2022

Baird & Warner

Co-Listed By

Catherine Mead

Baird & Warner License #471020444

Last Buyer's Agent

Edwin Hojnacki

Baird & Warner License #475139428

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,249

Year Built

  • Built in 1957

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 88x161x90x160
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Split Level with Sub
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,700 Sq Ft Home
  • Wood Burning Stove
  • Family Room
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Home Office
  • Recreation Room
  • Wood Flooring
  • Partially Finished Basement
  • Partial Basement

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Shed

Schools

  • Belle Aire Elementary School
  • Herrick Middle School
  • North High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,249

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level w/ Sub
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Split Level w/ Sub
  • Year Built: 1957
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Range Hood
  • Basement: Partial
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning Stove
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Walk-In Closet(s)
  • LivingArea: 2700
  • Room Type: Office, Recreation Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: L-shaped
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 500000
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.3312
  • Lot Dimensions: 88X161X90X160
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5248.6
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2009
Sold by
Merrill Lynch Bank & Trust Co Fsb
Bought by
Nelson Jason R and Nelson Amy A
Current Estimated Value
$627,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
5.32%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 16, 2008
Sold by
Atg Trust Company
Bought by
Fiala William D and William D Fiala Living Trust

Purchase Details

Closed on
Sep 26, 2005
Sold by
Lasalle Bank Na
Bought by
Downers Grove National Bank and Trust #04-031
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
Nelson Jason R $265,000 Multiple
Fiala William D -- None Available
Downers Grove National Bank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Jason R $212,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $450,000 -10.0% $167 / Sq Ft
05/05/2022 05/05/22 Pending -- -- --
04/25/2022 04/25/22 For Sale $500,000 0.0% $185 / Sq Ft
08/23/2020 08/23/20 Rented $3,000 0.0% --
06/24/2020 06/24/20 Under Contract -- -- --
05/11/2020 05/11/20 For Rent $3,000 +7.1% --
05/22/2017 05/22/17 Rented $2,800 -5.1% --
05/01/2017 05/01/17 Price Changed $2,950 -7.8% $1 / Sq Ft
04/21/2017 04/21/17 For Rent $3,200 -- --
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 $8,112 $150,682 $48,331 $102,351
2023 $7,705 $138,520 $44,430 $94,090
2022 $7,226 $129,620 $42,070 $87,550
2021 $6,761 $128,140 $41,590 $86,550
2020 $5,249 $125,610 $40,770 $84,840
2019 $5,020 $120,520 $39,120 $81,400
2018 $4,939 $118,020 $38,920 $79,100
2017 $4,757 $113,570 $37,450 $76,120
2016 $4,486 $82,180 $35,790 $46,390
2015 $4,429 $77,310 $33,670 $43,640
2014 $4,483 $76,040 $32,740 $43,300
2013 $4,392 $75,690 $32,590 $43,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11343683

Midwest Real Estate Data (MRED)

APN: 09-06-108-001