NOT LISTED FOR SALE

4730 Main St Downers Grove, IL 60515

Estimated Value: $474,000 - $623,000

3 Beds
2 Baths
2,565 Sq Ft
$209/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $320,000 $125 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,528/month

28 Days on Market

Highlights

  • Formal Dining Room
  • Detached Garage
  • Wood Siding
  • Pierce Downer Elementary School Rated A-
  • Senior Tax Exemptions
  • 5-minute walk to Washington Park

About This Home

As of October 2021

Attention investors and buyers looking for an OPPORTUNITY... Welcome Home to this charming and historic home located just 1 BLOCK to the heart of Downtown Downers Grove.. This location is not only walk to train and town, it is also walk to award winning Pierce Elementary, Herrick Middle and North High School. With over 2500 SF of charming history and a NEW ROOF (2015), NEW COPPER PLUMBING (2019), all Pella windows and recently upgraded HVAC, this home is just waiting for your vision... Don't miss the vast living room with cozy fireplace, the 9 foot ceilings on both first and second floors, the amazing built ins and crown molding, large formal dining room and a roomy expanded kitchen from an addition. The first floor also boasts a library, powder room and sun room.. the perfect place to relax. The incredible double staircase leads to 3 spacious bedrooms with a large bath on the second floor also from an addition. Awesome 3rd floor walk-up attic with electric to allow for extra storage or to complete your own vision. Don't miss the recently added 2-car garage with loft for storage alongside a beautiful garden waiting to be brought to life. Estate Sale - Sold AS IS.

Last Agent to Sell the Property

Cailin Leon

Brummel Properties, Inc. License #475188962 Listed on: 08/27/2021

Brummel Properties, Inc.

Co-Listed By

Samantha Schroeder

@properties Christie's International Real Estate License #475140619

Last Buyer's Agent

Jude Costanzo

Coldwell Banker Realty License #475181223

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,318

Year Built | Renovated

  • 1917 | 1980

Lot Details

  • 6,970

Parking

  • Detached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Formal Dining Room

Unfinished Basement

  • Exterior Basement Entry
  • Basement Cellar

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,318

Year Built | Renovated

1917 | 1980

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 2 Stories
  • Property Sub Type: 2 Stories
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 1980
  • Architectural Style: Victorian
  • Co List Office Mls Id: MRD26515
  • Co List Office Phone: (630) 598-0755
  • Directions: North on Main Street, 1 blocks from Downtown
  • Lot Size: 50X141
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1917
  • Year Renovated: 1980

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Cooktop, Electric Cooktop, Wall Oven
  • Has Basement: Partial, Walkout
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished,Cellar,Exterior Access
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Dining Room Type: Den, Enclosed Porch, Attic

Exterior Features

  • Exterior Building Type: Wood Siding
  • Waterfront: No

Garage/Parking

  • Number of Cars: 5
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned
  • Garage Spaces: 2
  • Total Parking Spaces: 3

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Electric: 100 Amp Service
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Paved

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Pierce Downer Elementary School
  • High School: North High School
  • Junior High Dist: 99
  • Middle Or Junior School: Herrick Middle School

Lot Info

  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 10

Tax Info

  • Tax Exemptions: Homeowner,Senior
  • Tax Annual Amount: 6608.96
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2022
Sold by
Welu Jay J and Welu Jeana M
Bought by
Jay J Welu Trust and Jeana M Lobianco-Welu Trust
Current Estimated Value
$534,839

Purchase Details

Listed on
Aug 27, 2021
Closed on
Oct 25, 2021
Sold by
Makely Gordon Alexander and Estate Of William O Makely
Bought by
Welu Jay J and Lobianco Welu Jeana
Seller's Agent
Cailin Leon
Brummel Properties, Inc.
Buyer's Agent
Jude Costanzo
Coldwell Banker Realty
List Price
$385,000
Sold Price
$320,000
Premium/Discount to List
-$65,000
-16.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.85%
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
Jay J Welu Trust -- None Listed On Document
Welu Jay J $320,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2021 10/29/21 Sold $320,000 -16.9% $125 / Sq Ft
09/25/2021 09/25/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $385,000 -- $150 / 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 $8,318 $153,282 $54,934 $98,348
2023 $7,901 $140,910 $50,500 $90,410
2022 $7,500 $133,430 $47,820 $85,610
2021 $6,741 $131,920 $47,280 $84,640
2020 $6,609 $129,300 $46,340 $82,960
2019 $6,385 $124,060 $44,460 $79,600
2018 $5,908 $114,370 $44,220 $70,150
2017 $5,706 $110,050 $42,550 $67,500
2016 $5,577 $105,030 $40,610 $64,420
2015 $5,493 $98,820 $38,210 $60,610
2014 $5,051 $89,360 $33,770 $55,590
2013 $4,946 $88,940 $33,610 $55,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11201827

Midwest Real Estate Data (MRED)

APN: 09-08-102-024