NOT LISTED FOR SALE

401 Forest Ave Willow Springs, IL 60480

Estimated Value: $534,000 - $656,000

5 Beds
3.5 Baths
2,643 Sq Ft
$227/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $595,000 $225 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,114/month

5 Days on Market

Highlights

  • Second Kitchen
  • Open Floorplan
  • Vaulted Ceiling
  • Argo Community High School Rated A-
  • Family Room with Fireplace
  • Wood Flooring

About This Home

As of August 2023

This contemporary, custom-built home is nestled on a premier corner lot directly across from the forest preserves. Pull into the circle drive and as you enter the home you are welcomed into the large foyer with soaring ceilings and an abundant supply of natural light streaming in from the generously sized windows. The spacious and airy living room is anchored by a large fireplace, wet bar and adjoining dining room with access to the balcony from the sliding doors. The chef's kitchen boasts plenty of granite counter space, large island, stainless steel appliances, Thermador double oven, and full size frig and freezer. Enjoy your views of the forest from the eat-in kitchen area. The main floor primary suite is spacious with a walk in closet and sliding door to the balcony. Two additional generously sized bedrooms and a private, updated hall bath, as well as, a laundry room and half bath complete the main floor. Ascend the floating staircase to the loft for an additional living area with two bonus spaces. The private lower level with walk out access to the yard makes the perfect in-law suite. It includes a huge living area with fireplace, dining area, two large bedrooms, a full bath, and sizeable work room. Plenty of closet and storage space throughout the house. Three car garage. Conveniently located close to 294 and I55, and Metra train station. Roof 2020, (1) AC 2022, Overhead garage doors 2023.

Last Agent to Sell the Property

Jeanne Furlong

Coldwell Banker Realty License #475183395 Listed on: 07/21/2023

Coldwell Banker Realty

Last Buyer's Agent

Lissa Weinstein

Coldwell Banker Realty License #475109740

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,582

Year Built

  • Built in 1985

Lot Details

  • Lot Dimensions are 75x140

Parking

  • 3 Car Detached Garage
  • Garage Transmitter
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2,643 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Dry Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Loft
  • Lower Floor Utility Room
  • Pull Down Stairs to Attic

Kitchen

  • Second Kitchen
  • Breakfast Bar
  • Built-In Double Oven
  • Cooktop with Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Flooring

  • Wood
  • Partially Carpeted
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer
  • Sink Near Laundry

Partially Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Sump Pump
  • Finished Basement Bathroom

Home Security

  • Home Security System
  • Carbon Monoxide Detectors

Outdoor Features

  • Balcony
  • Patio

Schools

  • Willow Springs Elementary School
  • Argo Community High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,582

Year Built

Built in 1985

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1985
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Stainless Steel Appliance(s), Cooktop, Built-In Oven, Range Hood
  • Basement: Walkout
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning, Gas Log
  • Fireplaces: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Bar-Dry, Hardwood Floors, Wood Laminate Floors, First Floor Bedroom, In-Law Arrangement, First Floor Laundry, First Floor Full Bath, Walk-In Closet(s), Open Floorplan, Some Carpeting, Granite Counters
  • LivingArea: 2643
  • Other Equipment: Security System, CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Bedroom 5, Eating Area, Loft, Kitchen, Foyer, Utility Room-Lower Level, Walk In Closet
  • Estimated Total Finished Sq Ft: 5043
  • Assessed Sq Ft: 2643
  • Basement Description: Partially Finished,Exterior Access
  • Bathroom Amenities: Separate Shower
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 5043
  • Fireplace Location: Family Room,Living Room
  • Total Sq Ft: 5043
  • Upper Level Sq Ft: 243
  • Attic: Pull Down Stair
  • Main Level Sq Ft: 2400
  • Lower Level Sq Ft: 2400
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony, Patio
  • List Price: 563500
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Driveway: Asphalt,Circular,Side Drive
  • Garage Details: Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air, Zoned
  • Laundry Features: Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Willow Springs Elementary School
  • High School: Argo Community High School
  • Middle/Junior School: Willow Springs Elementary School
  • Middle/Junior School District: 108

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 75X140
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 11582
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2023
Closed on
Aug 31, 2023
Sold by
Karen R Olszewski Living Trust
Bought by
Isufi Doriana and Isufi Dritan
Seller's Agent
Jeanne Furlong
Coldwell Banker Realty
Buyer's Agent
Lissa Weinstein
Coldwell Banker Realty
List Price
$563,500
Sold Price
$595,000
Premium/Discount to List
$31,500
5.59%
Views
68
Current Estimated Value
$599,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,867
Avg. Annual Appreciation
0.50%
Original Mortgage
$405,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 11, 2015
Sold by
Olszewski Karen R
Bought by
Olszewski Karen R and The Raren R Olszewski Living Trust

Purchase Details

Closed on
Mar 30, 1998
Sold by
Schmidt Rose and Olszewski Karen R
Bought by
Olszewski Karen R and The Karen R Olszewski Living Trust

Purchase Details

Closed on
Mar 23, 1998
Sold by
Cole Taylor Bank
Bought by
Schmidt Rose and Olszewski Karen R

Purchase Details

Closed on
Sep 12, 1993
Sold by
Chicago Title & Trust Company
Bought by
Schmidt Rose and Schmidt Edmund William
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
Isufi Doriana $595,000 Freedom Title Corp
Olszewski Karen R -- Attorney
Olszewski Karen R -- --
Schmidt Rose -- --
Schmidt Rose -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wabash Street Development 1 Ll $464,000
Closed Isufi Doriana $405,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $595,000 +5.6% $225 / Sq Ft
07/27/2023 07/27/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $563,500 -- $213 / 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 $10,143 $39,001 $6,038 $32,963
2023 $10,607 $39,001 $6,038 $32,963
2022 $10,607 $32,342 $5,250 $27,092
2021 $11,582 $32,342 $5,250 $27,092
2020 $11,343 $32,342 $5,250 $27,092
2019 $10,981 $30,473 $4,725 $25,748
2018 $10,633 $30,473 $4,725 $25,748
2017 $13,325 $37,350 $4,725 $32,625
2016 $12,828 $32,193 $4,200 $27,993
2015 $11,962 $32,193 $4,200 $27,993
2014 $11,754 $32,193 $4,200 $27,993
2013 $12,394 $37,131 $4,200 $32,931
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11828271

Midwest Real Estate Data (MRED)

APN: 18-33-415-008-0000