NOT LISTED FOR SALE

371 Madison Ave Glencoe, IL 60022

Estimated Value: $1,635,000 - $1,711,000

4 Beds
4 Baths
3,088 Sq Ft
$541/Sq Ft Est. Value

About This Home

This home is located at 371 Madison Ave, Glencoe, IL 60022 and is currently estimated at $1,670,212, approximately $540 per square foot. 371 Madison Ave is a home located in Cook County with nearby schools including South Elementary School, Central School, and West School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2012
Sold by
Armishaw Andrew
Bought by
Mehlman Neal and Mehlman Susan
Current Estimated Value
$1,670,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2003
Sold by
North Prairie Partners Llc
Bought by
Armishaw Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 1, 2002
Sold by
Schoenhofen Leo
Bought by
North Prairie Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.7%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 29, 2002
Sold by
Fajerstein Daniel E
Bought by
Schoenhofen Leo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.7%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 20, 2002
Sold by
Fajerstein Daniel E and Sheridan Kathleen M
Bought by
Fajerstein Daniel E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.25%

Purchase Details

Closed on
Feb 28, 2002
Sold by
Fajerstein Daniel E
Bought by
Fajerstein Daniel E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.25%

Purchase Details

Closed on
Feb 9, 2001
Sold by
Matlin Eric G
Bought by
Fajerstein Daniel E and Daniel E Fajerstein Revocable Trust

Purchase Details

Closed on
Sep 29, 1998
Sold by
Harris Bank Glencoe Northbrook
Bought by
Fajerstein Daniel E and Sheridan Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Interest Rate
6.9%

Purchase Details

Closed on
Jun 28, 1996
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Keller Peter S and Keller Lisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,200
Interest Rate
8.07%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
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
Mehlman Neal $900,000 Cti
Armishaw Andrew $1,285,000 Ticor Title Insurance Compan
North Prairie Properties Llc -- --
Schoenhofen Leo $400,000 --
Fajerstein Daniel E -- Ticor Title Insurance Compan
Fajerstein Daniel E -- --
Fajerstein Daniel E -- --
Matlin Eric G -- --
Fajerstein Daniel E $245,000 --
Keller Peter S $207,500 Attorneys Natl Title Network
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mehlman Neal $590,000
Closed Mehlman Neal $200,000
Closed Mehlman Neal $700,000
Previous Owner Armishaw Andrew C $300,000
Previous Owner Armishaw Andrew $1,000,000
Previous Owner North Praire Partners Llc $900,000
Previous Owner Schoenhofen Leo $260,000
Previous Owner Fajerstein Daniel E $300,000
Previous Owner Fajerstein Daniel E $183,750
Previous Owner Keller Peter S $145,200
Source: Public Records

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 $25,272 $103,172 $20,475 $82,697
2023 $25,156 $110,000 $20,475 $89,525
2022 $25,156 $110,000 $20,475 $89,525
2021 $23,916 $83,420 $16,380 $67,040
2020 $24,754 $88,934 $16,380 $72,554
2019 $23,907 $96,668 $16,380 $80,288
2018 $19,660 $77,339 $14,560 $62,779
2017 $21,358 $86,480 $14,560 $71,920
2016 $22,702 $97,905 $14,560 $83,345
2015 $21,542 $82,247 $12,057 $70,190
2014 $21,009 $82,247 $12,057 $70,190
2013 $20,040 $82,247 $12,057 $70,190
Source: Public Records

Map

Illinois Cook County Glencoe 60022

371 Madison Ave, Glencoe, IL

This home is located at 371 Madison Ave, Glencoe, IL 60022 and is currently estimated at $1,670,212, approximately $540 per square foot. 371 Madison Ave is a home located in Cook County with nearby schools including South Elementary School, Central School, and West School.

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