NOT LISTED FOR SALE

182 Grove Ave Unit D Des Plaines, IL 60016

Estimated Value: $246,000 - $275,429

2 Beds
2 Baths
1,400 Sq Ft
$320/mo HOA Fee

Last Sold May 12, 2021

Last sale price $175,000 $125 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,067/month

Highlights

  • Vaulted Ceiling
  • Balcony
  • Walk-In Closet
  • Maine West High School Rated A-
  • Attached Garage
  • 4-minute walk to Sesquicentenial Park

About This Home

As of May 2021

Attention all savvy investors! If you're looking for instant cash flow, but also an unbelievable opportunity to build equity and raise the income of a rental property, this could be it. This spacious two bedroom, two bathroom second floor condo with a private garage space is currently rented through March 2022. This well maintained unit could be beautifully renovated to increase the rental income. Currently, unit features spacious rooms, high ceilings, in-unit laundry, a wonderful kitchen with doors out on to a picturesque balcony. The possibilities here are endless. Condo will be sold with current lease in place. Interior photos by request.

Last Agent to Sell the Property

Joe Tyler Gerber

Baird & Warner License #475179432 Listed on: 03/28/2021

Baird & Warner

Last Buyer's Agent

Michael Bempah

Real Broker LLC License #475175881

Real Broker LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,321

Year Built

  • 1992

Lot Details

  • 9.69

HOA Fees

  • $320 per month

Parking

  • Attached Garage
  • Parking Included in Price
  • Garage Is Owned

Interior Spaces

  • Vaulted Ceiling
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Pets Allowed

Listing and Financial Details

  • $5,000 Seller Concession

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,321

Year Built

1992

Lot Details

0

HOA Fees

$320 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 2
  • Age: 26-30 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1992
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1992

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Laundry Hook-Up in Unit, Walk-In Closet(s)
  • Number Of Rooms: 5
  • Living Room: Dimensions: 17X14, On Level: 2nd Level, Flooring: Carpet
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 8X6, On Level: 2nd Level, Flooring: Vinyl
  • Dining Room: Dimensions: 10X9, On Level: 2nd Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 16X9, On Level: 2nd Level, Flooring: Vinyl
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 15X13, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X9, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 1400

Exterior Features

  • Exterior Property Features: Balcony

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Max Pet Weight: 40
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK, Pet Weight Limitation
  • Assessment Includes: Water, Parking, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Special Assessments: U
  • Assessment Association Fees: 320
  • Management Contact Name: Unknown
  • Management Phone: 773-313-0025

Fee Information

  • Management Company: Rosen Management Services

Schools

  • School District: 207
  • Elementary School: North Elementary School
  • Middle School: Chippewa Middle School
  • High School: Maine West High School
  • Junior High Dist: 62

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 09161000711036

Multi Family

  • Total Number Unitsin Building: 4
  • Number Stories: 2

Tax Info

  • Taxes: 3237

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2021
Closed on
May 11, 2021
Sold by
Home Equity Savers Ltd
Bought by
Patel Axita H
Seller's Agent
Joe Tyler Gerber
Baird & Warner
Buyer's Agent
Michael Bempah
Real Broker LLC
List Price
$172,500
Sold Price
$175,000
Premium/Discount to List
$2,500
1.45%
Current Estimated Value
$264,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,357
Avg. Annual Appreciation
9.78%
Original Mortgage
$166,250
Outstanding Balance
$151,288
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$113,069

Purchase Details

Closed on
Aug 17, 2015
Sold by
White Cheryl
Bought by
Home Equity Savers Ltd
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
Patel Axita H $175,000 Lakeshore Title
Home Equity Savers Ltd $80,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Axita H $166,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2021 05/12/21 Sold $175,000 +1.4% $125 / Sq Ft
03/28/2021 03/28/21 Pending -- -- --
03/28/2021 03/28/21 For Sale $172,500 -- $123 / 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 $4,321 $16,388 $2,956 $13,432
2023 $4,217 $16,388 $2,956 $13,432
2022 $4,217 $16,388 $2,956 $13,432
2021 $3,297 $10,726 $3,589 $7,137
2020 $3,241 $10,726 $3,589 $7,137
2019 $3,237 $12,030 $3,589 $8,441
2018 $2,891 $9,667 $3,166 $6,501
2017 $2,840 $9,667 $3,166 $6,501
2016 $2,686 $9,667 $3,166 $6,501
2015 $2,756 $9,118 $2,744 $6,374
2014 $2,698 $9,118 $2,744 $6,374
2013 $2,631 $9,118 $2,744 $6,374
Source: Public Records

Agents Affiliated with this Home

  • Joe Tyler Gerber

    Seller's Agent in 2021

    Joe Tyler Gerber

    Baird Warner

    (847) 579-9596

    1 in this area

    165 Total Sales

    Joe Tyler Gerber
    Section Image
  • Michael Bempah

    Buyer's Agent in 2021

    Michael Bempah

    Real Broker LLC

    (630) 863-3139

    1 in this area

    281 Total Sales

    Michael Bempah
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11028067

Midwest Real Estate Data (MRED)

APN: 09-16-100-071-1036

Illinois Cook County Des Plaines 60016

182 Grove Ave Unit D, Des Plaines, IL

This home is located at 182 Grove Ave Unit D, Des Plaines, IL 60016 since 28 March 2021 and is currently estimated at $264,357, approximately $188 per square foot. This property was built in 1992. 182 Grove Ave Unit D is a home located in Cook County with nearby schools including North Elementary School, Chippewa Middle School, and Maine West High School.

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