NOT LISTED FOR SALE

237 N Addison Rd Villa Park, IL 60181

Estimated Value: $254,000 - $290,000

2 Beds
1 Bath
900 Sq Ft
$297/Sq Ft Est. Value

Last Sold December 20, 2021

Last sale price $180,000 $200 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,775/month

15 Days on Market

Highlights

  • Detached Garage
  • 1-Story Property
  • Combination Dining and Living Room
  • Willowbrook High School Rated A

About This Home

As of December 2021

Opportunity knocks!! Attention: Rehabbers, Investors, First time DIY buyers this is your 2021 chance to buy, renovate and then sell in the booming 2022 spring market. The possibilites this 1925 built brick/vinyl bungalow offers are limitless. The home has great bones, 2015 complete roof tear off, "Carrier" Furnace and AC 2011, 1 car detached garage w/edo 2016 with a double wide driveway, electrical updated to circuit breakers, newer stainless steel kitchen appliances, full basement (22 x 12) rec area, 2019 gutters with "gutter guards", deck, deep 179' lot. Solid home needs work, quick closing available. Home is being conveyed "as is".

Last Agent to Sell the Property

Margaret Peterson

L.W. Reedy Real Estate License #475126723 Listed on: 11/04/2021

L.W. Reedy Real Estate

Last Buyer's Agent

Cristina Ancona

Fulton Grace Realty License #475158996

Fulton Grace Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,497

Year Built

  • 1925

Lot Details

  • 8,712

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Interior Spaces

  • 1-Story Property
  • Combination Dining and Living Room
  • Partially Finished Basement

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,497

Year Built

1925

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1 Story
  • Property Sub Type: 1 Story
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Architectural Style: Bungalow
  • Directions: Addison Rd. north of St. Charles Rd., south of the railroad tracks
  • Lot Size: 50 X 179
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1925

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Dining Room Type: No additional rooms

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Deck
  • Exterior Building Type: Vinyl Siding,Brick
  • Waterfront: No

Garage/Parking

  • Parking Features: Driveway
  • Number of Cars: 9
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned
  • Garage Spaces: 1
  • Total Parking Spaces: 8

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 88
  • Middle Or Junior School: Jefferson Middle School

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Additional Parcels: No

Rental Info

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

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 5228.28
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2021
Closed on
Dec 20, 2021
Sold by
Gerlesits Robert J and Gerlesits Janet L
Bought by
Lazzara Family Limited Partnership
Seller's Agent
Margaret Peterson
L.W. Reedy Real Estate
Buyer's Agent
Cristina Ancona
Fulton Grace Realty
List Price
$209,900
Sold Price
$180,000
Premium/Discount to List
-$29,900
-14.24%
Current Estimated Value
$267,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,055
Avg. Annual Appreciation
10.79%

Purchase Details

Closed on
May 23, 1997
Sold by
Hill David and Hill Debra C
Bought by
Gerlesits Robert J and Gerlesits Janet L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,730
Interest Rate
8.17%
Mortgage Type
FHA
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
Lazzara Family Limited Partnership $180,000 Chicago Title
Gerlesits Robert J $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gerlesits Robert J $117,730
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2021 12/20/21 Sold $180,000 -14.2% $200 / Sq Ft
11/20/2021 11/20/21 Pending -- -- --
11/04/2021 11/04/21 For Sale $209,900 -- $233 / 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 $4,497 $67,501 $14,393 $53,108
2023 $4,261 $62,420 $13,310 $49,110
2022 $4,199 $60,000 $12,790 $47,210
2021 $5,358 $75,940 $12,470 $63,470
2020 $5,228 $74,280 $12,200 $62,080
2019 $4,875 $70,620 $11,600 $59,020
2018 $4,632 $63,670 $10,460 $53,210
2017 $4,514 $60,670 $9,970 $50,700
2016 $4,377 $57,150 $9,390 $47,760
2015 $4,303 $53,240 $8,750 $44,490
2014 $4,630 $57,030 $15,780 $41,250
2013 $4,415 $57,830 $16,000 $41,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11263161

Midwest Real Estate Data (MRED)

APN: 06-04-404-004