NOT LISTED FOR SALE

1875 Webster Ln Des Plaines, IL 60018

Estimated Value: $561,000

2 Beds
2 Baths
1,427 Sq Ft
$393/Sq Ft Est. Value

Last Sold April 28, 2022

Last sale price $700,000 $491 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $3,287/month

126 Days on Market

Highlights

  • Second Garage
  • 1.37 Acre Lot
  • Ranch Style House
  • Maine West High School Rated A-
  • Deck
  • 3.5 Car Detached Garage

About This Home

As of April 2022

Come check out this very unique property and all it has to offer. The 1+ acre of land consists of three parcels which can be used in a variety of ways. There is currently a 2-unit rental property, a one car garage and another oversized 2.5 car garage on the property. You can use the rental property as an investment and rent out both units, live in it while renting out the other unit, or even use it as your primary residence with the perfect in-law arrangement. Both units have 1 bedroom, 1 bathroom and a laundry hook-up so you don't need to worry about sharing. The third lot offers you the option to build your dream home while living right next door as you watch it go up. The uniqueness of this property allows for endless possibilities, all it's missing is you! Come check out this little slice of Heaven today! Motivated seller, bring all offers

Last Agent to Sell the Property

DJ O’Neill

Century 21 Langos & Christian License #475189034 Listed on: 11/11/2021

Century 21 Langos & Christian

Co-Listed By

Pete Gialamas

Century 21 Langos & Christian License #471020247

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,887

Year Built

  • Built in 1954

Lot Details

  • 1.37 Acre Lot
  • Lot Dimensions are 198x301
  • Additional Parcels

Parking

  • 3.5 Car Detached Garage
  • Second Garage
  • Multiple Garages
  • Garage ceiling height seven feet or more
  • Parking Space is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck
  • Shed

Schools

  • Plainfield Elementary School
  • Algonquin Middle School
  • Maine West High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,887

Year Built

Built in 1954

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Year Built: 1954
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Laundry Hook-Up,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Microwave

Exterior Features

  • ExteriorFeatures: Deck
  • OtherStructures: Second Garage, Shed(s), Garage(s)
  • Waterfront: No
  • Exterior Building Type: Brick Veneer

Garage/Parking

  • Garage Spaces: 3.5
  • Number of Cars: 3.5
  • Garage Details: 7 Foot or more high garage door,Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Schools

  • Elementary School: Plainfield Elementary School
  • High School: Maine West High School
  • Middle/Junior School: Algonquin Middle School

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 1.37
  • Lot Dimensions: 198X301
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 15887.26
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2023
Sold by
2311 Llc
Bought by
Dexter Acres Development Llc
Current Estimated Value
$561,000

Purchase Details

Listed on
Nov 11, 2021
Closed on
Mar 30, 2022
Sold by
Chicago Title Land Trust Co
Bought by
2311 Llc
Seller's Agent
DJ O’Neill
Century 21 Langos & Christian
Buyer's Agent
Non Member
NON MEMBER
List Price
$555,000
Sold Price
$700,000
Premium/Discount to List
$145,000
26.13%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dexter Acres Development Llc -- Chicago Title Insurance Compan
2311 Llc $500,000 Chicago Title
2311 Llc $500,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2022 05/02/22 For Sale $555,000 -20.7% $389 / Sq Ft
04/28/2022 04/28/22 Sold $700,000 0.0% $491 / Sq Ft
03/17/2022 03/17/22 Off Market $700,000 -- --
11/11/2021 11/11/21 For Sale $595,000 -- $417 / 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
2025 $4,244 $18,086 $14,900 $3,186
2024 $4,244 $16,099 $12,913 $3,186
2023 $4,142 $16,099 $12,913 $3,186
2022 $4,142 $16,099 $12,913 $3,186
2021 $6,170 $20,072 $16,886 $3,186
2020 $6,066 $20,072 $16,886 $3,186
2019 $5,402 $20,072 $16,886 $3,186
2018 $5,409 $18,085 $14,899 $3,186
2017 $5,313 $18,085 $14,899 $3,186
2016 $5,025 $18,085 $14,899 $3,186
2015 $4,867 $16,098 $12,912 $3,186
2014 $4,764 $16,098 $12,912 $3,186
2013 $4,645 $16,098 $12,912 $3,186
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11268010

Midwest Real Estate Data (MRED)

APN: 09-29-101-030-0000