$456,000 - $586,000
RENTED JAN 28, 2025

431 Lincoln Ave Downers Grove, IL 60515

2 Beds
2 Baths
2,156 Sq Ft
$248 Price per Sq Ft

Last Sold October 29, 2018

Last sale price $270,000 $125 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $3,498/month

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Living Room
  • Lester Elementary School Rated A-
  • 2 Car Detached Garage
  • Laundry Room

About This Home

As of January 2025

Nice brick ranch in a great location! Just a few blocks to Lester Elementary and less than a mile from downtown and train! Freshly painted main level with hardwood floors and newer carpet in the basement. Kitchen has newer cabinets, countertops and flooring and leads to the separate dining room. Tons of natural light! There are 2 bedrooms on the main floor and one in the basement. Lots of additional finished living space in the basement. Nice sized yard and 2 car garage. Separate laundry room. Pets will be considered on a case by case basis with a non refundable $500 deposit.

Last Agent to Rent the Property

Julie Ryan

Baird & Warner License #475159243 Listed on: 07/14/2024

Baird & Warner

Last Renter's Agent

Julie Ryan

Baird & Warner License #475159243 Listed on: 07/14/2024

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,010

Year Built

  • Built in 1956

Lot Details

  • Lot Dimensions are 60x132

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,156 Sq Ft Home
  • Family Room
  • Living Room
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement Storage

Schools

  • Lester Elementary School
  • Herrick Middle School
  • North High School

Utilities

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

Listing and Financial Details

  • Security Deposit $2,800
  • Property Available on 7/19/24

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,010

Year Built

Built in 1956

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2024-07-19
  • Lease Term: 12 Months,24 Months
  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Detached
  • Rental Price: 2650
  • Security Deposit: 2800
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 0

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Property Sub-Type: Detached
  • Year Built: 1956
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 2156
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished,Rec/Family Area,Sleeping Area,Storage Space
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Square Footage Comments: Main Sq Ft: 1073, Above Grade Total Sq Ft: 1073, Finished Basement Sq Ft: 1073, Total Basement Sq Ft: 1073, Aprox. Total Finished Sq Ft: 2146, Total Finished/Unfinished Sq Ft: 2146
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 2650
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Sewer-Storm
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Dogs OK, Number Limit, Size Limit
  • Rent Includes: None

Schools

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

Lot Info

  • Lot Dimensions: 60X132

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2018
Closed on
Dec 11, 2018
Sold by
Obryk Sylwia
Bought by
431 Lincoln Llc
Seller's Agent
Frank Rusin
Four Seasons Realty, Inc.
Buyer's Agent
Julie Ryan
Baird & Warner
List Price
$299,000
Sold Price
$270,000
Premium/Discount to List
-$29,000
-9.7%
Current Estimated Value
$534,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,918
Avg. Annual Appreciation
10.49%

Purchase Details

Listed on
Sep 13, 2018
Closed on
Oct 29, 2018
Sold by
Molloy Margaret and Brown Margaret
Bought by
Obryk Sylwia
Seller's Agent
Frank Rusin
Four Seasons Realty, Inc.
Buyer's Agent
Julie Ryan
Baird & Warner
List Price
$299,000
Sold Price
$270,000
Premium/Discount to List
-$29,000
-9.7%

Purchase Details

Closed on
Apr 9, 2018
Sold by
Brown Gregory A
Bought by
Molloy Margaret

Purchase Details

Closed on
Dec 22, 2016
Sold by
Molloy Catherine M
Bought by
Brown Gregory A and Brown Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,050
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2005
Sold by
Wolkow Katherine D and Wolkow Nathan J
Bought by
Brown Gregory A and Brown Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
5.88%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 10, 2002
Sold by
First National Bank Of La Grange
Bought by
Laswell Katherine D and Wokow Nathan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
6.06%

Purchase Details

Closed on
Jun 10, 1994
Sold by
Nowakowski Florence B and Sechman Robert K
Bought by
First National Bank Of La Grange
Source: Public Records

Range of Values:

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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
431 Lincoln Llc -- Attorney
Obryk Sylwia $270,000 Fidelity National Title
Molloy Margaret -- None Available
Brown Gregory A -- None Available
Brown Gregory A $285,000 Midwest Title Services Llc
Laswell Katherine D $190,000 --
First National Bank Of La Grange -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Gregory A $30,000
Previous Owner Brown Gregory A $192,050
Previous Owner Brown Margaret A $200,100
Previous Owner Brown Gregory A $228,000
Previous Owner Wolkow Nathan J $99,900
Previous Owner Wolkow Nathan J $172,000
Previous Owner Wolkow Nathan J $10,000
Previous Owner Laswell Katherine D $171,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2025 01/28/25 Rented $2,500 -5.7% --
12/31/2024 12/31/24 Under Contract -- -- --
09/30/2024 09/30/24 Price Changed $2,650 -5.4% $1 / Sq Ft
07/14/2024 07/14/24 For Rent $2,800 +3.7% --
07/19/2023 07/19/23 Rented $2,700 0.0% --
06/19/2023 06/19/23 Off Market $2,700 -- --
05/25/2023 05/25/23 For Rent $2,700 +42.1% --
04/22/2019 04/22/19 Rented $1,900 -9.5% --
04/06/2019 04/06/19 Price Changed $2,100 -8.7% $2 / Sq Ft
03/08/2019 03/08/19 For Rent $2,300 0.0% --
10/29/2018 10/29/18 Sold $270,000 -6.6% $252 / Sq Ft
10/16/2018 10/16/18 Pending -- -- --
09/30/2018 09/30/18 Price Changed $289,000 -3.3% $269 / Sq Ft
09/13/2018 09/13/18 For Sale $299,000 -- $279 / 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 $7,010 $130,438 $70,979 $59,459
2023 $6,652 $119,910 $65,250 $54,660
2022 $6,329 $113,530 $61,780 $51,750
2021 $5,923 $112,240 $61,080 $51,160
2020 $5,811 $110,020 $59,870 $50,150
2019 $5,623 $105,570 $57,450 $48,120
2018 $5,387 $100,260 $57,110 $43,150
2017 $5,213 $96,480 $54,960 $41,520
2016 $5,105 $92,080 $52,450 $39,630
2015 $5,043 $86,630 $49,350 $37,280
2014 $4,437 $77,180 $43,620 $33,560
2013 $4,346 $76,820 $43,420 $33,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12109431

Midwest Real Estate Data (MRED)

APN: 09-05-421-004