NOT LISTED FOR SALE

3605 Madison St Oak Brook, IL 60523

Estimated Value: $1,418,391 - $1,457,000

1.4 Acres
$1,026,926 Price per Acre
60,984 Sq Ft Lot

Last Sold December 16, 2024

Last sale price $1,300,000

Est. 11% increase in value since last sale

Current estimated payment $8,654/month

67 Days on Market

About This Lot

As of December 2024

EXTRAORDINARY OPPORTUNITY AWAITS AT 3605 MADISON STREET IN OAK BROOK. THIS EXPANSIVE 1.4-ACRE LOT OFFERS THE PERFECT CANVAS TO BRING YOUR DREAM HOME TO LIFE IN THE BEAUTIFUL FULLERSBURG AREA OF OAK BROOK. CRAFT A TRUE LUXURY CUSTOM HOME IN A SECLUDED AND TRANQUIL NATURAL SETTING, SURROUNDED BY MAJESTIC TREES THAT WILL ADD TO THE ALLURE OF YOUR NEW RESIDENCE. EMBRACE THE SERENITY OF THIS LOCATION, WITH CONVENIENT PROXIMITY TO THE FOREST PRESERVE, NATURE TRAILS, HORSEBACK RIDING OR BIKING TRAILS. WHILE YOU'LL FEEL A WORLD AWAY, YOU'RE JUST MINUTES FROM DOWNTOWN HINSDALE, OAK BROOK CENTER FOR SHOPPING & DINING, AND RENOWNED GOLF COURSES, WITH EASY ACCESS TO AIRPORTS FOR YOUR TRAVEL CONVENIENCE. ENJOY THE BENEFITS OF LOWER OAK BROOK TAXES WHILE BEING IN THE HIGHLY REGARDED HINSDALE SCHOOL DISTRICTS-D181 & D86 INCLUDING MONROE ELEMENTARY AND HINSDALE CENTRAL HIG SCHOOL. DON'T MISS OUT ON THE CHANCE TO MAKE YOUR MARK IN THIS IDYLLIC SETTING.

Last Agent to Sell the Property

Kris Berger

Compass License #475137610 Listed on: 09/11/2024

Compass

Last Buyer's Agent

Ginny Stewart

Jameson Sotheby's International Realty License #471014108

Jameson Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,055

Lot Details

  • 1.4 Acre Lot
  • Lot Dimensions are 139x429x151x107
  • Property is zoned SINGL

Schools

  • Monroe Elementary School
  • Clarendon Hills Middle School
  • Hinsdale Central High School

Utilities

  • Electricity To Lot Line
  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$11,055

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Single Family
  • Road Surface Type: Asphalt
  • General Information: School Bus Service,Interstate Access
  • Actual Status: Closed
  • ResoPropertyType: Land
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential, Single Family
  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: Public Road
  • Waterfront: No

Utilities

  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Water to Site

Schools

  • Elementary School: Monroe Elementary School
  • High School: Hinsdale Central High School
  • Middle/Junior School: Clarendon Hills Middle School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 1.4
  • Lot Dimensions: 139X429X151X107
  • Zoning: SINGL
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N
  • Land Description: Wooded

Rental Info

  • Board Number: 10
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 11054.52
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2024
Closed on
Dec 16, 2024
Sold by
Gretchen Mccarty Trust and Mccarty Gretchen
Bought by
Robert E Maul Trust
Seller's Agent
Kris Berger
Compass
Buyer's Agent
Ginny Stewart
Jameson Sotheby's International Realty
List Price
$1,499,000
Sold Price
$1,300,000
Premium/Discount to List
-$199,000
-13.28%
Views
19
Current Estimated Value
$1,437,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,696
Avg. Annual Appreciation
9.58%

Purchase Details

Listed on
May 10, 2022
Closed on
Sep 19, 2022
Sold by
Erica Vega Revocable Trust
Bought by
Gretchen Mccarty Trust
Seller's Agent
Albert Cossyleon
Realty Professionals Group
Buyer's Agent
Kris Berger
Compass
List Price
$1,249,000
Sold Price
$1,125,000
Premium/Discount to List
-$124,000
-9.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.67%

Purchase Details

Listed on
Sep 24, 2020
Closed on
Apr 23, 2021
Sold by
Chicago Title Land Trust Company and Trust Number L-1697
Bought by
Erica Vega Revocable Trust and Vega
Seller's Agent
Chris Pequet
Jameson Sotheby's International Realty
Buyer's Agent
Omar Cavada
Century 21 Circle
List Price
$1,449,000
Sold Price
$1,225,017
Premium/Discount to List
-$223,983
-15.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.86%
Original Mortgage
$1,837,524
Interest Rate
5.5%
Mortgage Type
Credit Line Revolving
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
Robert E Maul Trust $1,300,000 Fidelity National Title
Robert E Maul Trust $1,300,000 Fidelity National Title
Gretchen Mccarty Trust $1,125,000 Fidelity National Title
Erica Vega Revocable Trust $1,225,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Erica Vega Revocable Trust $1,837,524
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2024 12/16/24 Sold $1,300,000 -13.3% --
11/17/2024 11/17/24 Pending -- -- --
09/11/2024 09/11/24 For Sale $1,499,000 +33.2% --
09/19/2022 09/19/22 Sold $1,125,000 -9.9% -- View Prior Sale
08/23/2022 08/23/22 Pending -- -- --
07/27/2022 07/27/22 For Sale $1,249,000 0.0% --
07/11/2022 07/11/22 Pending -- -- --
06/24/2022 06/24/22 Price Changed $1,249,000 -2.0% --
06/21/2022 06/21/22 Price Changed $1,274,000 -1.9% --
06/10/2022 06/10/22 Price Changed $1,299,000 -7.1% --
05/10/2022 05/10/22 For Sale $1,399,000 +14.2% --
04/23/2021 04/23/21 Sold $1,225,017 -12.4% -- View Prior Sale
02/27/2021 02/27/21 Pending -- -- --
10/19/2020 10/19/20 Price Changed $1,399,000 -3.5% --
09/24/2020 09/24/20 For Sale $1,449,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $12,292 $248,214 $248,214 --
2023 $11,793 $229,530 $229,530 $0
2022 $11,055 $220,640 $220,640 $0
2021 $10,515 $215,150 $215,150 $0
2020 $10,231 $210,440 $210,440 $0
2019 $10,179 $200,080 $200,080 $0
2018 $10,788 $219,790 $189,400 $30,390
2017 $15,988 $328,990 $180,480 $148,510
2016 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12161272

Midwest Real Estate Data (MRED)

APN: 06-36-300-094