NOT LISTED FOR SALE

311 Madison St Lockport, IL 60441

Estimated Value: $233,000 - $295,000

2 Beds
1 Bath
900 Sq Ft
$282/Sq Ft Est. Value

Last Sold March 03, 2023

Last sale price $193,000 $214 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,841/month

1 Day on Market

Highlights

  • Property is near park
  • Wood Flooring
  • Built-In Features
  • Milne Grove Elementary School Rated 9+
  • 2 Car Detached Garage
  • Breakfast Bar

About This Home

As of March 2023

Located in the heart of Lockport, this 2 bedroom 1 bath home is waiting for its new owners. From the moment you walk in, you will be greeted by natural sunlight. Living room features brand new carpet. Both bedrooms offer plenty of closet space and have stunning hardwood floors. The kitchen has been designed with an abundance of cabinetry, laminate countertops, and white appliances. Head downstairs to find a big laundry room and recreational area with exposed walls. Perma-seal in basement has a transferable warranty (2015). Backyard is partially fenced in and has a shed that's perfect for storing outdoor lawn-care. Beautiful magnolia tree in the front yard. Windows replaced in 2020, furnace 2015, central air installed 2015, water heater 2017, plumbing 2015, new gutters 2021! Schedule a showing today!

Last Agent to Sell the Property

Maksym Kozuch

Crosstown Realtors, Inc. License #227256672 Listed on: 02/07/2023

Crosstown Realtors, Inc.

Last Buyer's Agent

Megan Beechen

Realty Executives Elite License #475162466

Realty Executives Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,750

Year Built

  • Built in 1949

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 50.4x125.1x50x125
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Tandem Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Pocket Doors
  • Living Room
  • Combination Kitchen and Dining Room
  • Carbon Monoxide Detectors

Kitchen

  • Breakfast Bar
  • Range

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Schools

  • Lockport Township High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Shed
  • Property is near park

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,750

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1949
  • Age: 71-80 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
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Full Bath, Built-in Features, Some Carpeting
  • LivingArea: 900
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Eating Area
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Door Features: Pocket Door(s)
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Lot Features: Sidewalks, Streetlights
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, Sink
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Lockport Township High School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.19
  • Lot Dimensions: 50.4X125.1X50X125
  • 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: 4750.02
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2023
Closed on
Feb 27, 2023
Sold by
Wright Tina M
Bought by
Zacek Scott
Seller's Agent
Maksym Kozuch
Crosstown Realtors, Inc.
Buyer's Agent
Megan Beechen
Realty Executives Elite
List Price
$199,995
Sold Price
$193,000
Premium/Discount to List
-$6,995
-3.5%
Views
114
Current Estimated Value
$253,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,769
Avg. Annual Appreciation
10.12%

Purchase Details

Closed on
Sep 14, 2007
Sold by
Vande Velde John C
Bought by
Wright Tina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,534
Interest Rate
6.63%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 11, 2006
Sold by
Vande Velde John C
Bought by
Vande Velde John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,500
Interest Rate
7.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 21, 2005
Sold by
Rohrbacher Steven M and Rohrbacher Sherie A
Bought by
Vande Velde John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,300
Interest Rate
7.24%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 14, 1996
Sold by
Muchna Terry J and Muchna Cynthia L
Bought by
Rohrbacher Steven M and Rohrbacher Sherie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,092
Interest Rate
7.74%
Mortgage Type
FHA
Source: Public Records
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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
Zacek Scott $193,000 Fidelity National Title
Wright Tina M $177,000 First American Title
Vande Velde John C -- Tristar Title Llc
Vande Velde John C $167,000 --
Rohrbacher Steven M $107,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wright Tina M $174,534
Previous Owner Vande Velde John C $156,500
Previous Owner Vande Velde John C $150,300
Previous Owner Rohrbacher Steven M $95,092
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2023 03/03/23 Sold $193,000 -3.5% $214 / Sq Ft
02/09/2023 02/09/23 Pending -- -- --
02/07/2023 02/07/23 For Sale $199,995 -- $222 / 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 $6,180 $71,987 $20,958 $51,029
2023 $6,180 $64,626 $18,815 $45,811
2022 $5,028 $60,614 $17,550 $43,064
2021 $4,750 $56,963 $16,493 $40,470
2020 $4,621 $55,090 $15,951 $39,139
2019 $4,377 $52,218 $15,119 $37,099
2018 $4,101 $48,273 $13,976 $34,297
2017 $3,758 $43,819 $12,687 $31,132
2016 $3,509 $40,421 $11,703 $28,718
2015 $3,590 $40,337 $10,407 $29,930
2014 $3,590 $38,786 $10,007 $28,779
2013 $3,590 $39,577 $10,211 $29,366
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11700196

Midwest Real Estate Data (MRED)

APN: 11-04-23-224-014