NOT LISTED FOR SALE

220 Franklin St Lockport, IL 60441

Estimated Value: $226,000 - $295,000

3 Beds
2 Baths
1,000 Sq Ft
$265/Sq Ft Est. Value

Last Sold October 19, 2016

Last sale price $153,000 $153 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,863/month

8 Days on Market

Highlights

  • Second Kitchen
  • Deck
  • Wood Flooring
  • Ludwig Elementary School Rated 10
  • Ranch Style House
  • 4-minute walk to Runyon Preserve

About This Home

As of October 2016

CHARMING HOME WITH IN-LAW OR RENTAL POTENTIAL. HUGE 24 X 20 REMODELED WORKSHOP/MANCAVE IS HEATED & AIR-CONDITIONED AND INCLUDES A WATER CLOSET. (WORKING TOILET) WALK OUT LOWER LEVEL COMPLETELY UPDATED AND REMODELED IN THE LAST 4 YEARS W/KITCHEN INCLUDING STOVE, FRIG,WASHER/DRYER, FULL BATH, 3RD BEDROOM & FAMILY ROOM. SEPARATE 2ND LAUNDRY AREA IN UTILITY ROOM W/BRAND NEW WATER HEATER & WATER SOFTENER. NEWER ROOF, WINDOWS, & EXTERIOR DOORS. CURRENT OWNER LIVED ON MAIN LEVEL & RENTED LOWER LEVEL TO COLLEGE STUDENT.

Last Agent to Sell the Property

Jeavon Shegal

REMAX Legends License #475128215 Listed on: 08/25/2016

REMAX Legends

Last Buyer's Agent

Eric Basiorka

Realty Executives Elite License #475164738

Realty Executives Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,551

Year Built

  • 1950

Lot Details

  • Southern Exposure
  • Dog Run

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Breakfast Room
  • Workroom
  • Screened Porch
  • Wood Flooring

Kitchen

  • Second Kitchen
  • Breakfast Bar
  • Oven or Range

Bedrooms and Bathrooms

  • In-Law or Guest Suite
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Exterior Basement Entry
  • Finished Basement Bathroom

Parking

  • Parking Available
  • Driveway
  • Parking Included in Price

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Private or Community Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,551

Year Built

1950

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, In-Law Arrangement, 1st Floor Full Bath
  • Number Of Rooms: 9
  • Living Room: Dimensions: 18X15, On Level: Main Level, Flooring: Carpet, Windows: All
  • Appliances: Oven/Range, Refrigerator, Washer, Dryer
  • Equipment: Water-Softener Owned, Security System, Ceiling Fan
  • Basement: Finished, Exterior Access
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Below Grade Bedrooms: 1
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 24X8, On Level: Basement, Flooring: Other
  • Kitchen Type: Dimensions: 11X9, On Level: Main Level, Flooring: Vinyl, Windows: None
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Breakfast Room, 2nd Kitchen, Workroom
  • Master Bedroom: Dimensions: 12X12, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Additional Room 1 Name: Breakfast Rm, Dimensions: 11X9, On Level: Main Level, Flooring: Vinyl, Windows: All
  • Additional Room 2 Name: 2nd Kitchen, Dimensions: 14X11, On Level: Basement, Flooring: Ceramic Tile, Windows: All
  • Bedroom 2: Dimensions: 12X9, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Additional Room 3 Name: Work Rm, Dimensions: 24X20, On Level: Main Level, Flooring: Other
  • Bedroom 3: Dimensions: 12X10, On Level: Basement, Flooring: Ceramic Tile, Windows: All
  • Estimated Sq Ft: 1000
  • Dining Room Type: L-shaped
  • Family Room: Dimensions: 20X16, On Level: Basement, Flooring: Carpet, Windows: All

Exterior Features

  • Foundation: Block
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Porch Screened, Dog Run
  • Exposure: S (South)
  • Acreage: 0.33

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Parking Details: Driveway
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Electricity: 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Well-Private
  • Sewer: Septic-Private
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 205
  • Elementary School: REED ELEMENTARY SCHOOL
  • Middle School: OAK PRAIRIE JUNIOR HIGH SCHOOL
  • High School: LOCKPORT TOWNSHIP HIGH SCHOOL
  • Junior High Dist: 92

Lot Info

  • Lot Dimensions: 82X173
  • Parcel Identification Number: 1104144150080000

Tax Info

  • Taxes: 3345

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2023
Sold by
Wallace Timothy J
Bought by
Pendergrass Jessica L
Current Estimated Value
$264,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,695
Outstanding Balance
$120,399
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$144,347

Purchase Details

Listed on
Aug 25, 2016
Closed on
Oct 18, 2016
Sold by
Wilson Keith
Bought by
Wallace Timothy J
Seller's Agent
Jeavon Shegal
REMAX Legends
Buyer's Agent
Eric Basiorka
Realty Executives Elite
List Price
$147,000
Sold Price
$153,000
Premium/Discount to List
$6,000
4.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%
Original Mortgage
$125,700
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2014
Sold by
Barboza Sergio
Bought by
Wilson Keith

Purchase Details

Listed on
Mar 20, 2013
Closed on
May 23, 2013
Sold by
Tomlinson Deborah J and Knowles Gladys M
Bought by
Wilson Keith
Seller's Agent
Sherry Justice
RE/MAX 10
Buyer's Agent
Kenneth Chlupsa
RE/MAX Hometown Properties
List Price
$71,900
Sold Price
$71,000
Premium/Discount to List
-$900
-1.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.22%

Purchase Details

Closed on
Sep 18, 2001
Sold by
Smiley Margaret E
Bought by
Smiley Margaret E and The Margaret E Smiley Living T
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
Pendergrass Jessica L $153,000 --
Wallace Timothy J $153,000 Attorneys Title Guaranty Fun
Wilson Keith -- Chicago Title Insurance Co
Wilson Keith $71,000 Chicago Title Insurance Comp
Smiley Margaret E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pendergrass Jessica L $124,695
Previous Owner Wallace Timothy J $125,700
Closed Pendergrass Jessica L $6,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/19/2016 10/19/16 Sold $153,000 +4.1% $153 / Sq Ft
09/02/2016 09/02/16 Pending -- -- --
08/25/2016 08/25/16 For Sale $147,000 +107.0% $147 / Sq Ft
06/10/2013 06/10/13 Sold $71,000 -1.3% -- View Prior Sale
04/30/2013 04/30/13 Pending -- -- --
04/25/2013 04/25/13 Price Changed $71,900 0.0% --
04/25/2013 04/25/13 For Sale $71,900 +1.3% --
04/23/2013 04/23/13 Off Market $71,000 -- --
03/20/2013 03/20/13 For Sale $60,000 -- --
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 $5,551 $80,866 $29,932 $50,934
2023 $5,551 $72,597 $26,871 $45,726
2022 $4,483 $61,956 $22,932 $39,024
2021 $4,194 $58,224 $21,551 $36,673
2020 $4,076 $56,309 $20,842 $35,467
2019 $3,827 $53,373 $19,755 $33,618
2018 $3,735 $51,305 $18,989 $32,316
2017 $3,545 $48,433 $17,926 $30,507
2016 $3,645 $42,985 $15,910 $27,075
2015 $1,581 $38,584 $14,281 $24,303
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09325468

Midwest Real Estate Data (MRED)

APN: 11-04-14-415-014