NOT LISTED FOR SALE

225 Madison St Lockport, IL 60441

Estimated Value: $248,000 - $279,019

3 Beds
1 Bath
1,172 Sq Ft
$224/Sq Ft Est. Value

Last Sold March 04, 2021

Last sale price $186,000 $159 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,986/month

7 Days on Market

Highlights

  • Ranch Style House
  • Lower Floor Utility Room
  • Porch
  • Milne Grove Elementary School Rated A-
  • 2 Car Detached Garage
  • Walk-In Closet

About This Home

As of March 2021

Come see this lovely solid brick ranch in the heart of Lockport! Great bones and an opportunity for someone to design or upgrade to their dream home. The main level features a spacious living room, eat-in kitchen with plenty of cabinetry and space, 3 bedrooms with beautiful hardwood floors underneath the carpet, and full bathroom. The full finished basement has plenty of room and open to creative ideas. Updated copper plumbing throughout. 2 car detached garage allows for extra storage space. Spacious backyard with patio to entertain. This home has so much to offer once it's returned to its former glory. Close to abundant shopping & dining options, interstate access, world-renowned golf courses. An incredible opportunity! **Estate sale being sold AS-IS**

Last Agent to Sell the Property

Steve Rozhon Jr

Crosstown Realtors, Inc. License #475164695 Listed on: 01/15/2021

Crosstown Realtors, Inc.

Last Buyer's Agent

Kellie Henry

Century 21 Kroll Realty License #475134691

Century 21 Kroll Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,446

Year Built

  • Built in 1956

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 60.8x119x60.2x118.6
  • Paved or Partially Paved Lot

Parking

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

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,172 Sq Ft Home
  • Ceiling Fan
  • Lower Floor Utility Room
  • Storage Room
  • Partially Carpeted
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer
  • Sink Near Laundry

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Patio
  • Porch

Schools

  • Lockport Township High School

Utilities

  • Central Air
  • Baseboard Heating
  • Radiant Heating System

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,446

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1956
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • MonthToMonthYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Finished Sq Ft: 1172
  • Interior Amenities: First Floor Bedroom, First Floor Full Bath, Walk-In Closet(s), Some Carpeting
  • LivingArea: 1172
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Room Type: Utility Room-Lower Level, Storage, Walk In Closet
  • Estimated Total Finished Sq Ft: 2344
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1172
  • Basement Sq Ft: 1172
  • Square Footage Comments: Lot dimensions per tax records. Buyer to verify. Square footage is approximate. Buyer to verify.
  • Total Sq Ft: 2344
  • Main Level Sq Ft: 1172
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Patio, Porch, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 189900
  • Lot Features: Sidewalks, Streetlights
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Baseboard, Radiant
  • Laundry Features: Gas Dryer Hookup, In Unit, Sink
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Lockport Township High School
  • Middle/Junior School District: 91

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.19
  • Lot Dimensions: 60.8X119X60.2X118.6
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 1445.52
  • Tax Year: 2019
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2021
Closed on
Mar 1, 2021
Sold by
The Harriet Dolosic Trusts
Bought by
May Lauren
Seller's Agent
Steve Rozhon Jr
Crosstown Realtors, Inc.
Buyer's Agent
Kellie Henry
Century 21 Kroll Realty
List Price
$189,900
Sold Price
$186,000
Premium/Discount to List
-$3,900
-2.05%
Current Estimated Value
$262,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,505
Avg. Annual Appreciation
7.96%
Original Mortgage
$176,700
Outstanding Balance
$158,890
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$103,202

Purchase Details

Closed on
Jul 2, 1996
Sold by
Dolosic Harriet F
Bought by
Dolosic Harriet and Harriet Dolosic Trust
Source: Public Records

Range of Values:

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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
May Lauren $186,000 Antic
Dolosic Harriet -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open May Lauren $176,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2021 03/04/21 Sold $186,000 -2.1% $159 / Sq Ft
01/22/2021 01/22/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $189,900 -- $162 / 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
2023 $6,673 $76,956 $18,815 $58,141
2022 $5,596 $71,785 $17,550 $54,235
2021 $1,423 $67,461 $16,493 $50,968
2020 $1,448 $65,243 $15,951 $49,292
2019 $1,446 $61,841 $15,119 $46,722
2018 $1,481 $57,168 $13,976 $43,192
2017 $1,517 $51,893 $12,687 $39,206
2016 $1,556 $47,869 $11,703 $36,166
2015 $1,671 $39,442 $10,407 $29,035
2014 $1,671 $37,925 $10,007 $27,918
2013 $1,671 $38,699 $10,211 $28,488
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10971790

Midwest Real Estate Data (MRED)

APN: 11-04-23-223-009