NOT LISTED FOR SALE

4506 Lee Ave Downers Grove, IL 60515

Estimated Value: $848,608 - $1,141,000

3 Beds
3 Baths
2,255 Sq Ft
$424/Sq Ft Est. Value

Last Sold November 28, 2023

Last sale price $900,000 $399 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $6,376/month

2 Days on Market

Highlights

  • Heated Floors
  • 0.83 Acre Lot
  • Landscaped Professionally
  • Pierce Downer Elementary School Rated A-
  • Open Floorplan
  • 3-minute walk to Lee and Grant Park

About This Home

As of November 2023

Fabulous home and property in the perfect location. Completely gutted to the studs and redone in 2015. High end designer was involved throughout the process. Lovely selections and finishes. Very easy one level living with a finished basement. Yard is an arboretum with stunning trees, plantings, fountains, and hardscape. Beautiful custom fountain and statue greet you as you pull up. Paver walk to front entry. Enter through custom glass front door to a light filled open floor plan. Separate dining room overlooking front yard. Spacious great room with awesome windows, fireplace and glass door to custom paver patio. Glass doors into private office. Custom cabinetry and desk. Kitchen is chef's dream. Thermador refrigerator, oven, Dacor cook top and Bosch dishwasher. Center island and open window to dining room. Kitchen has eat in area with additional cabinetry. Luxurious primary bedroom to take in all the outside views. Spa bath with oversized shower. Huge walk in closet with custom cabinetry. Laundry on 1st floor with heated floors and built in cabinets and sink. Basement has stairs to garage for easy access. Rec room with fireplace open to built in bar for entertaining. Separate bedroom and full bath. Very large storage room with built in shelving and epoxy floors. Separate mechanical room. Home was completely hard wired with Cat 6 and has a generator. Sprinkler system. Garage has it's own furnace and epoxy floor. One of the most stunning properties we have ever seen. Walk to all schools, Pierce, Herrick, and North. Near train and downtown Downers Grove. Library, shopping, restaurants, Tivoli theatre. Near expressways. Beyond special! Absolutely beautiful home. Estate sale. Being sold as-is.

Last Agent to Sell the Property

Patti Michels

Compass License #475141453 Listed on: 11/03/2023

Compass

Co-Listed By

Chase Michels

Compass License #475154454

Last Buyer's Agent

Denis Horgan

Redfin Corporation License #475174979

Redfin Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,035

Year Renovated

  • 2015

Lot Details

  • 0.83 Acre Lot
  • Lot Dimensions are 115x315
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Mature Trees
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,255 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bookcases
  • Vaulted Ceiling
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Game Room
  • Storage Room
  • Heated Floors

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Dual Sinks
  • Soaking Tub

Laundry

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

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump
  • Fireplace in Basement
  • Finished Basement Bathroom

Schools

  • Pierce Downer Elementary School
  • Herrick Middle School
  • North High School

Utilities

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

Additional Features

  • Patio
  • Property is near a park

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,035

Year Renovated

2015

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2015
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2015

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal
  • Basement: Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Finished Sq Ft: 2030
  • Fireplace Features: Gas Starter
  • Fireplaces: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Bar-Wet, Heated Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Built-in Features, Walk-In Closet(s), Bookcases, Open Floorplan
  • LivingArea: 2255
  • Other Equipment: Humidifier, Sump Pump, Generator
  • Room Type: Office, Recreation Room, Storage, Eating Area, Game Room
  • Estimated Total Finished Sq Ft: 4285
  • Assessed Sq Ft: 2255
  • Basement Description: Partially Finished,Exterior Access
  • Bathroom Amenities: Double Sink,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 2255
  • Basement Sq Ft: 2030
  • Fireplace Location: Living Room,Basement
  • Total Sq Ft: 4285
  • Main Level Sq Ft: 2255
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 859000
  • Lot Features: Landscaped, Wooded, Mature Trees
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Frame

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.83
  • Lot Dimensions: 115X315
  • Rural (Y/N): N
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 14034.92
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2023
Closed on
Nov 27, 2023
Sold by
Trust Number 74-2946
Bought by
John And Diane Wilson Family Trust
Seller's Agent
Patti Michels
Compass
Buyer's Agent
Denis Horgan
Redfin Corporation
List Price
$859,000
Sold Price
$900,000
Premium/Discount to List
$41,000
4.77%
Views
43
Current Estimated Value
$955,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,902
Avg. Annual Appreciation
3.22%

Purchase Details

Closed on
Mar 27, 2013
Sold by
Schlanser Raymond T
Bought by
The Chicago Trust Company Na and Suburban Bank & Trust Co

Purchase Details

Listed on
Feb 6, 2012
Closed on
Apr 10, 2012
Sold by
Schlanser Raymond T
Bought by
West Suburban Bank and Trust #74-2946
Seller's Agent
Lesley Galligan
Baird & Warner
Buyer's Agent
Liz Chalberg
@properties Christie's International Real Estate
List Price
$550,000
Sold Price
$520,000
Premium/Discount to List
-$30,000
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.60%

Purchase Details

Closed on
Jun 6, 2006
Sold by
Doyle Mary Elizabeth and Claire G Schlanser Trust
Bought by
Schlanser Raymond T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 2001
Sold by
Schlanser Claire G
Bought by
Claire G Schlanser Trust
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
John And Diane Wilson Family Trust $900,000 None Listed On Document
The Chicago Trust Company Na -- None Available
West Suburban Bank $520,000 Baird & Warner Title Service
Schlanser Raymond T $652,000 Ticor Title
Claire G Schlanser Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schlanser Raymond T $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/28/2023 11/28/23 Sold $900,000 +4.8% $399 / Sq Ft
11/06/2023 11/06/23 Pending -- -- --
11/03/2023 11/03/23 For Sale $859,000 +65.2% $381 / Sq Ft
04/10/2012 04/10/12 Sold $520,000 -5.5% $217 / Sq Ft View Prior Sale
02/13/2012 02/13/12 Pending -- -- --
02/06/2012 02/06/12 For Sale $550,000 -- $229 / 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 $15,872 $285,243 $166,368 $118,875
2023 $14,636 $262,220 $152,940 $109,280
2022 $14,035 $249,470 $145,500 $103,970
2021 $13,136 $246,640 $143,850 $102,790
2020 $12,891 $241,750 $141,000 $100,750
2019 $12,479 $231,960 $135,290 $96,670
2018 $11,745 $237,710 $134,520 $103,190
2017 $11,152 $224,020 $129,450 $94,570
2016 $10,927 $213,800 $123,540 $90,260
2015 $10,801 $201,150 $116,230 $84,920
2014 $10,731 $172,470 $113,010 $59,460
2013 $10,513 $171,660 $112,480 $59,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11916005

Midwest Real Estate Data (MRED)

APN: 09-06-311-003