NOT LISTED FOR SALE

232 S Central Ave Highwood, IL 60040

Estimated Value: $465,552 - $574,000

6 Beds
4 Baths
2,132 Sq Ft
$244/Sq Ft Est. Value

Last Sold October 07, 2022

Last sale price $381,000 $179 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,583/month

1 Day on Market

Highlights

  • Deck
  • Property is near a park
  • Fenced Yard
  • Wayne Thomas Elementary School Rated A
  • Traditional Architecture
  • 2 Car Detached Garage

About This Home

As of October 2022

When you mention Highwood, one of the first thoughts that come to mind are the many fine eateries. Perhaps the Great Highwood Pumpkin Festival! Highwood reminds me of a quaint European village with its many narrow streets, some cobblestone, beautiful flower gardens and large front yards. This home, a two-apartment building with a full basement was built in 1930 by the families Grandfather and has been in the family ever since. Because of its age you will find quality workmanship. Each apartment has a separate entrance, front and back and hardwood floors throughout. The first-floor apartment includes a fireplace in the living room, three bedrooms (one with a walk-in closet) and two full baths. The second-floor apartment has five rooms, three bedrooms (one with a walk-in closet) and one full bath. In both apartments, the cabinet kitchens include a dishwasher. Full basement with look out windows has a laundry room with two washers and one dryer. A finished room, full bath with shower, and plenty of storage. Utilities include one gas hot water boiler providing radiator heat, separate electrical service for each apartment, and one hot water tank. Side driveway and large two car garage. Annual heating cost stated is for the whole building. Annual electric cost is for the first-floor apartment, unoccupied. Bimonthly water/sewer/refuse bill $138.48 (one occupant) Rental projections: 1st floor $1950-$2200 2nd floor $1500-$1650 Walk to Oak Terrace Elementary School, Metra's North line, shops and restaurants. The Rec Center - The Don Skrinar Center is .05 miles or a 9 minute walk. Zoning: R-3 residential duplex: 2-flat may be converted to a single-family home per new zoning laws. See City of Highwood Zoning Map or call the City of Highwood. Celebrate Highwood is a community initiative to better the community through events and festivals. These activities help create a cohesive community by allowing neighbors to come together. All monies raised through are donated to local and national charitable organizations. Community, Charity, Celebrate Highwood! Oak Terrace admissions by application process.

Last Agent to Sell the Property

Christine Puszynski

@properties Christie's International Real Estate License #471007859 Listed on: 08/22/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Robin Wilson

@properties Christie's International Real Estate License #475114646

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,007

Year Built

  • Built in 1930

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 55 x 147
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Traditional Architecture
  • Farmhouse Style Home
  • Block Foundation
  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Stucco

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 4 Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Schools

  • Wayne Thomas Elementary School
  • Northwood Junior High School
  • Highland Park High School

Utilities

  • Radiator
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Ceiling Fan
  • Property is near a park

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $172
  • Fuel Expense $1,192
  • Insurance Expense $2,195

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,007

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Farmhouse, Traditional
  • New Construction: No
  • Year Built: 1930
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Enclosed Porch
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Block, Concrete Perimeter
  • List Price: 379000
  • Lot Features: Fenced Yard, Sidewalks, Streetlights
  • OtherStructures: Garage(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Sewer-Storm
  • Heating: Natural Gas, Radiator(s)
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Schools

  • Elementary School: Wayne Thomas Elementary School
  • High School: Highland Park High School
  • Middle/Junior School: Northwood Junior High School
  • Middle/Junior School District: 112
  • Elementary School #2: Oak Terrace Elementary School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.19
  • Lot Dimensions: 55 X 147
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Multi Family

  • Fuel Expense: 1192
  • Insurance Expense: 2195
  • ElectricExpense: 172
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 8007.14
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2022
Closed on
Sep 9, 2022
Sold by
Louis J Baruffi Home Trust
Bought by
4053 Greenview Llc
Seller's Agent
Christine Puszynski
@properties Christie's International Real Estate
Buyer's Agent
Robin Wilson
@properties Christie's International Real Estate
List Price
$379,000
Sold Price
$381,000
Premium/Discount to List
$2,000
0.53%
Views
41
Current Estimated Value
$520,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,888
Avg. Annual Appreciation
7.83%
Original Mortgage
$285,750
Outstanding Balance
$105,274
Interest Rate
6.02%
Mortgage Type
Credit Line Revolving
Estimated Equity
$370,599

Purchase Details

Closed on
Sep 1, 2016
Sold by
Baruffi Charles
Bought by
Louis J Baruffi Home Trust
Source: Public Records

Range of Values:

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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
4053 Greenview Llc $381,000 --
Louis J Baruffi Home Trust -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 4053 Greenview Llc $285,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Sold $381,000 +0.5% $179 / Sq Ft
08/24/2022 08/24/22 Pending -- -- --
08/22/2022 08/22/22 For Sale $379,000 -- $178 / 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 $9,695 $126,973 $36,822 $90,151
2023 $8,642 $114,452 $33,191 $81,261
2022 $8,642 $99,250 $36,462 $62,788
2021 $8,009 $95,940 $35,246 $60,694
2020 $7,821 $95,940 $35,246 $60,694
2019 $7,588 $95,491 $35,081 $60,410
2018 $7,219 $94,747 $38,409 $56,338
2017 $7,135 $94,201 $38,188 $56,013
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11610237

Midwest Real Estate Data (MRED)

APN: 16-15-409-034