NOT LISTED FOR SALE

406 Lincoln Ave Downers Grove, IL 60515

Estimated Value: $465,000 - $542,000

4 Beds
2 Baths
884 Sq Ft
$555/Sq Ft Est. Value

Last Sold January 28, 2019

Last sale price $287,500 $325 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $3,238/month

56 Days on Market

Highlights

  • Recreation Room
  • Ranch Style House
  • Walk-In Pantry
  • Lester Elementary School Rated A-
  • Home Office
  • Attached Garage

About This Home

As of January 2019

LOVELY ALL BRICK RANCH CLOSE TO LESTER SCHOOL,HUMMER PARK, AND TRAIN STATION. APROX 1531 SQ FEET OF FINISHED SPACE WITH BASEMENT. HARDWOOD FLOORS IN LIVING ROOM, DINING ROOM, AND ALL 1ST FLOOR BEDROOMS. KITCHEN HAS LARGE ADJACENT PANTRY. BASEMENT WITH 4TH BEDROOM, BIG RECREATION ROOM,JUST REMODELED 2ND FULL BATH, AND OFFICE AREA. SPACIOUS LANDSCAPED BACK YARD WITH SHED. MANY RECENT UPGRADES INCLUDING CENTRAL AIR,SIDING,FRONT WINDOWS, AND 1ST FLOOR BEDROOM CARPETS. FULL LIST OF UPGRADES AND IMPROVEMENTS IN HOME.

Last Agent to Sell the Property

John Bugner

Platinum Partners Realtors Listed on: 10/15/2018

Last Buyer's Agent

Barb Healy

Baird & Warner License #475168856

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,757

Year Built

  • 1951

Lot Details

  • 7,841

Parking

  • Attached Garage
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Wood Burning Fireplace
  • Home Office
  • Recreation Room

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,757

Year Built

1951

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Train, Interstate Access
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Total Sq Ft: 884
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1951
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1951

Interior Features

  • Number Of Rooms: 9
  • Living Room: Dimensions: 19X13, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Fireplace Details: Wood Burning
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Below Grade Bedrooms: 1
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 8X16, On Level: Basement, Flooring: Other
  • Dining Room: Dimensions: 12X9, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 11X8, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Pantry-Closet
  • Additional Rooms: Office, Recreation Room
  • Master Bedroom: Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Office, Dimensions: 9X8, On Level: Basement, Flooring: Wood Laminate
  • Bedroom 2: Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood
  • Additional Room 3 Name: Recreation Rm, Dimensions: 18X16, On Level: Basement, Flooring: Carpet
  • Bedroom 3: Dimensions: 12X8, On Level: Main Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 13X9, On Level: Basement, Flooring: Carpet
  • Estimated Sq Ft: 884
  • Estimated Total Finished Sq Ft: 1531
  • Basement Finished Sq Ft: 647
  • Main Level Sq Ft: 884
  • Dining Room Type: L-shaped

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.1824

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 99
  • Elementary School: Lester Elementary School
  • Middle School: Herrick Middle School
  • High School: North High School
  • Junior High Dist: 58

Lot Info

  • Lot Dimensions: 60X132
  • Parcel Identification Number: 0905420022

Tax Info

  • Taxes: 4799

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2025
Sold by
Gillespie James Daniel and Gillespie Jennifer Lynn
Bought by
James Daniel Gillespie Revocable Living Trust and Jennifer Lynn Gillespie Revocable Living Trus
Current Estimated Value
$490,812

Purchase Details

Listed on
Oct 15, 2018
Closed on
Jan 28, 2019
Sold by
Logston Jennifer K and Logston John P
Bought by
Gillespie James Daniel and Gillespie Jennifer Lynn
Seller's Agent
John Bugner
Platinum Partners Realtors
Buyer's Agent
Barb Healy
Baird & Warner
List Price
$309,900
Sold Price
$287,500
Premium/Discount to List
-$22,400
-7.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.96%
Original Mortgage
$230,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2009
Sold by
Logston Jennifer K
Bought by
Logston Jennifer K and Kahovec John P

Purchase Details

Closed on
Jul 31, 1997
Sold by
Malek Francine K and Malek Francine
Bought by
Logston Jennifer K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,600
Interest Rate
7.62%
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
James Daniel Gillespie Revocable Living Trust -- None Listed On Document
Gillespie James Daniel $287,500 First American Title
Logston Jennifer K -- None Available
Logston Jennifer K $135,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gillespie James Daniel $210,000
Previous Owner Gillespie James Daniel $230,000
Previous Owner Kahovec John P $45,000
Previous Owner Kahovec John P $142,000
Previous Owner Logston Jennifer K $50,000
Previous Owner Kahovec John P $60,000
Previous Owner Logston Jennifer K $156,600
Previous Owner Logston Jennifer K $25,000
Previous Owner Logston Jennifer K $101,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2019 01/28/19 Sold $287,500 -4.1% $325 / Sq Ft
12/10/2018 12/10/18 Pending -- -- --
12/03/2018 12/03/18 Price Changed $299,900 -3.2% $339 / Sq Ft
10/15/2018 10/15/18 For Sale $309,900 -- $351 / 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 $6,757 $126,022 $70,979 $55,043
2023 $6,411 $115,850 $65,250 $50,600
2022 $5,804 $104,610 $61,780 $42,830
2021 $5,431 $103,420 $61,080 $42,340
2020 $5,328 $101,370 $59,870 $41,500
2019 $5,155 $97,270 $57,450 $39,820
2018 $4,961 $92,800 $57,110 $35,690
2017 $4,799 $89,300 $54,960 $34,340
2016 $4,698 $85,220 $52,450 $32,770
2015 $4,640 $80,180 $49,350 $30,830
2014 $4,214 $71,380 $43,620 $27,760
2013 $4,128 $71,050 $43,420 $27,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10112557

Midwest Real Estate Data (MRED)

APN: 09-05-420-022