NOT LISTED FOR SALE

4316 Sterling Rd Downers Grove, IL 60515

Estimated Value: $494,000 - $664,000

4 Beds
2 Baths
-- Sq Ft
0.47 Acres

Last Sold April 15, 2014

Last sale price $222,000

Est. 157% increase in value since last sale

Current estimated payment $3,769/month

47 Days on Market

Highlights

  • Farmhouse Style Home
  • 4 Car Detached Garage
  • Forced Air Heating System
  • Lester Elementary School Rated A-
  • Entrance Foyer
  • Heated Garage

About This Home

As of April 2014

Fabulous Downers Grove investment opportunity! 2-flat - located on 80x257' lot. Return to single family home or continue to rent until you decide to build. Very good cond. This older home is being sold AS-IS. 2nd floor unit is 1BR / 1BTH. Spacious 1st floor offers 3BR, eat-in Kit, DR, LR. Bsmt. 2 FURNACES/CAC & 2 water heaters. Wtr, Elec.& Gas billed direct to each unit. Ample Parking & FOUR CAR Heated garage...WOW

Last Agent to Sell the Property

Joe Kelly

Compass License #475107694 Listed on: 02/16/2014

Co-Listed By

Patti Crowley

Last Buyer's Agent

Elina Xu

Pan Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,072

Year Built

  • Built in 1924

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 80x257

Parking

  • 4 Car Detached Garage
  • Heated Garage
  • Tandem Garage
  • Off-Street Parking
  • Parking Included in Price

Home Design

  • Farmhouse Style Home
  • Frame Construction

Interior Spaces

  • Entrance Foyer
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Schools

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

Utilities

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

Community Details

  • 2 Units
  • Converted Farmhouse

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,072

Year Built

Built in 1924

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Farmhouse
  • New Construction: No
  • Year Built: 1924
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Room Type: Kitchen, Foyer
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove
  • MRD_AppliancesAndFeatures: Stove

Exterior Features

  • List Price: 250000
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Off Street
  • ParkingTotal: 10
  • Garage Details: Heated,Tandem
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

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 Size Acres: 0.47
  • Lot Dimensions: 80X257
  • Zoning: MULTI
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 6072.42
  • Tax Year: 2012

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2016
Sold by
Liu Ling and Qiu Xuewei
Bought by
Liu Ling and Qiu Xuewei
Current Estimated Value
$571,411

Purchase Details

Listed on
Feb 16, 2014
Closed on
Apr 14, 2014
Sold by
Kybartas A Joseph B and Kybartas Vicki L
Bought by
Liu Ling
Seller's Agent
Joe Kelly
Compass
Buyer's Agent
Elina Xu
Pan Realty
List Price
$250,000
Sold Price
$222,000
Premium/Discount to List
-$28,000
-11.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.07%

Purchase Details

Listed on
Feb 16, 2014
Closed on
Apr 9, 2014
Sold by
Kybartas Arunas B and Kybartas Vladas
Bought by
Kybartas A Joseph B
Seller's Agent
Joe Kelly
Compass
Buyer's Agent
Elina Xu
Pan Realty
List Price
$250,000
Sold Price
$222,000
Premium/Discount to List
-$28,000
-11.2%
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
Liu Ling -- Attorney
Liu Ling $222,000 Fidelity National Title
Kybartas A Joseph B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Qiu Xuewl $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2014 04/15/14 Sold $222,000 -11.2% --
04/04/2014 04/04/14 Pending -- -- --
02/16/2014 02/16/14 For Sale $250,000 -- --
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 $7,877 $145,591 $92,626 $52,965
2023 $7,480 $133,840 $85,150 $48,690
2022 $7,374 $131,290 $100,790 $30,500
2021 $6,901 $129,790 $99,640 $30,150
2020 $6,772 $127,220 $97,670 $29,550
2019 $6,555 $122,060 $93,710 $28,350
2018 $5,238 $97,640 $93,180 $4,460
2017 $5,067 $93,950 $89,660 $4,290
2016 $4,921 $88,980 $85,570 $3,410
2015 $4,861 $83,720 $80,510 $3,210
2014 $4,383 $74,000 $71,160 $2,840
2013 $6,362 $106,250 $70,830 $35,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08538165

Midwest Real Estate Data (MRED)

APN: 09-05-402-015