Seller's Agent in 2020
Jon Meyers
Horvath & Tremblay IL, LLC
(419) 356-6419
1 in this area
14 Total Sales
455 Linden St Winnetka, IL 60093
Estimated Value: $865,000 - $1,271,000
3
Beds
3
Baths
2,864
Sq Ft
$396/Sq Ft
Est. Value
Highlights
- Corner Lot
- 4-minute walk to Winnetka Station
- 3-minute walk to Station Park
- Greeley Elementary School Rated A
- 2 Car Detached Garage
About This Home
As of December 202033 Realty's pleased to present for sale 455 Linden Street in Winnetka, IL 60093. A vintage 2 flat with month to month renters, this corner lot site consists of 0.23 acres and presents a prime value add renovation opportunity. The property is zoned for construction of up to 4 townhomes, a rare opportunity in Winnetka. Available for the first time in decades and located in the acclaimed New Trier High School district, the site offers terrific walkability and is less than one block from the train station and only blocks from Station Park, Village Hall, and the various attractions of downtown Winnetka including numerous high end retail and dining options. The property's currently occupied by tenants on month to month leases paying below market rent. Tenants also pay all utilities including water and trash removal, so the only landlord expenses are taxes, insurance, and snow/landscaping. 455 Linden presents a rare opportunity to invest in a prime location in the Midwest's most exclusive suburb. The property can either be renovated as a cash flowing investment, sold to an owner occupier looking to supplement income by leasing the second unit, or to be torn down as a re-development play to a developer.
Last Agent to Sell the Property
Horvath & Tremblay IL, LLC License #475142902 Listed on: 04/23/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,910
Year Built
- Built in 1885
Lot Details
- 9,583 Sq Ft Lot
- Lot Dimensions are 127.59 x 78.72
- Corner Lot
Parking
- 2 Car Detached Garage
- Parking Space is Owned
Home Design
- Stucco
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 3 Bathrooms
Schools
- New Trier Twp High School Northfield/Wi
Additional Features
- Basement Fills Entire Space Under The House
- Heating System Uses Natural Gas
Community Details
Overview
- 2 Units
Building Details
- Insurance Expense $1,100
- Net Operating Income $10,789
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 23, 2020
Closed on
Dec 5, 2020
Sold by
Busscher Family Llc
Bought by
Linden Winnetka Llc
Seller's Agent
Jon Meyers
Horvath & Tremblay IL, LLC
Buyer's Agent
Jon Meyers
Horvath & Tremblay IL, LLC
List Price
$719,000
Sold Price
$635,000
Premium/Discount to List
-$84,000
-11.68%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$497,753
Avg. Annual Appreciation
13.16%
Original Mortgage
$444,500
Interest Rate
2.71%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Sep 2, 2010
Sold by
Busscher Family Partnership
Bought by
Busscher Family Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Linden Winnetka Llc | $635,000 | Chicago Title | |
| Busscher Family Llc | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Linden Winnetka Llc | $500,000 | |
| Closed | Linden Winnetka Llc | $520,000 | |
| Closed | Linden Winnetka Llc | $444,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/10/2020 12/10/20 | Sold | $635,000 | -11.7% | $222 / Sq Ft |
| 10/14/2020 10/14/20 | Pending | -- | -- | -- |
| 09/23/2020 09/23/20 | For Sale | $719,000 | 0.0% | $251 / Sq Ft |
| 09/23/2020 09/23/20 | Price Changed | $719,000 | +13.2% | $251 / Sq Ft |
| 09/02/2020 09/02/20 | Off Market | $635,000 | -- | -- |
| 06/29/2020 06/29/20 | Price Changed | $759,000 | -7.3% | $265 / Sq Ft |
| 04/23/2020 04/23/20 | For Sale | $819,000 | -- | $286 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $20,401 | $88,000 | $27,310 | $60,690 |
| 2023 | $19,206 | $88,000 | $27,310 | $60,690 |
| 2022 | $19,206 | $88,000 | $27,310 | $60,690 |
| 2021 | $17,898 | $68,965 | $17,875 | $51,090 |
| 2020 | $17,613 | $68,965 | $17,875 | $51,090 |
| 2019 | $21,754 | $93,289 | $17,875 | $75,414 |
| 2018 | $18,910 | $78,840 | $15,889 | $62,951 |
| 2017 | $19,119 | $82,248 | $15,889 | $66,359 |
| 2016 | $19,370 | $87,489 | $15,889 | $71,600 |
| 2015 | $19,456 | $79,078 | $13,158 | $65,920 |
| 2014 | $19,038 | $79,078 | $13,158 | $65,920 |
| 2013 | $18,159 | $79,078 | $13,158 | $65,920 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10696632
APN: 05-20-218-017-0000
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