$152,000 - $443,000
RENTED MAY 11, 2025

480 Grand Ave Lake Zurich, IL 60047

3 Beds
1 Bath
819 Sq Ft
$350 Price per Sq Ft

Last Sold January 06, 2023

Last sale price $195,000 $238 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,990/month

Highlights

  • Open Floorplan
  • Bonus Room
  • Living Room
  • May Whitney Elementary School Rated A
  • Corner Lot
  • Resident Manager or Management On Site

About This Home

As of May 2025

Welcome to 480 W. Grand Ave! Sun drenched 3 bedroom, 1 bath ranch home with 2 Car detached garage! Located minutes from downtown Lake Zurich & the lake! Super close to tons of restaurants and stores. Large eat in kitchen with an abundance of cabinet space. Large primary bedroom has 3 closets, lots of space for storage. Updated bathroom. Home has central air & gas heat. Back yard is perfect for entertaining with a patio & brick fire pit. Large, double lot! Award winning schools! Come tour this cozy home today! *Listing agent has interest and is related to homeowner.

Last Agent to Rent the Property

Jennifer Socki

HomeSmart Connect LLC License #475191306 Listed on: 05/01/2025

HomeSmart Connect LLC

Last Renter's Agent

Aneta Plaza

Exit Realty Redefined License #475199796

Exit Realty Redefined

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,403

Year Built

  • Built in 1953

Lot Details

  • Corner Lot

Parking

  • 2 Car Garage
  • Driveway
  • Parking Included in Price

Interior Spaces

  • 819 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Storage
  • Laminate Flooring
  • Carbon Monoxide Detectors

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Dryer
  • Washer

Schools

  • Lake Zurich High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Well
  • Septic Tank

Community Details

  • Resident Manager or Management On Site

Listing and Financial Details

  • Security Deposit $2,550
  • Property Available on 5/1/25
  • Rent includes water
  • 12 Month Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,403

Year Built

Built in 1953

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2025-05-01
  • Lease Term: 12 Months
  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Rental Price: 2550
  • Security Deposit: 2550
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 75

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Detached: 1 Story
  • Property Attached: No
  • Property Sub-Type: 1 Story
  • Year Built: 1953
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Laminate
  • Furnished: No
  • Interior Amenities: 1st Floor Bedroom, 1st Floor Full Bath, Storage, Open Floorplan
  • LivingArea: 819
  • Other Equipment: CO Detectors
  • Room Type: Bonus Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Wood Laminate
  • ResoLivingAreaSource: Other

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 2550
  • Lot Features: Corner Lot
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Asphalt, Garage Door Opener, On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Main Level, In Unit, In Kitchen
  • Water Source: Well

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Deposit Required, Dogs OK
  • Rent Includes: Water
  • Management: Manager Off-site

Schools

  • High School: Lake Zurich High School
  • Middle/Junior School District: 95

Lot Info

  • Lot Dimensions: .8063

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2023
Closed on
Jan 6, 2023
Sold by
Hembd Dana
Bought by
Mint Realty Holdings Llc
Seller's Agent
Jennifer Socki
HomeSmart Connect LLC
Buyer's Agent
Cindy Caulfield
Royal Family Real Estate
Sold Price
$2,000
Views
22
Current Estimated Value
$282,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,667
Avg. Annual Appreciation
14.93%

Purchase Details

Closed on
Jan 25, 2019
Sold by
Thoss Susan
Bought by
Hembd Dana

Purchase Details

Closed on
Dec 28, 2015
Sold by
Bayview Builders Llc
Bought by
Thoss Susan

Purchase Details

Closed on
Jan 12, 2005
Sold by
Polities James C and Polities Jill C
Bought by
Jirasek James T and Jirasek Robert P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,200
Interest Rate
5.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 25, 1996
Sold by
Owen Neal N and Owen Mary
Bought by
Polites James C and Polites Jill C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
8.23%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 14, 1995
Sold by
Yedinak Mark and Yedinak Mary Patriece E
Bought by
Owen Neal N and Owen Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,800
Interest Rate
7.64%
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
Mint Realty Holdings Llc $195,000 First American Title
Hembd Dana $79,500 None Available
Thoss Susan $80,000 Attorney
Jirasek James T $211,500 --
Polites James C $125,000 Attorneys Natl Title Network
Owen Neal N $122,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mint Realty Holdings Inc $156,000
Previous Owner Bayview Builders Llc $165,000
Previous Owner Jirasek James T $169,200
Previous Owner Polites James C $104,000
Previous Owner Polites James C $112,500
Previous Owner Owen Neal N $109,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2025 05/11/25 Rented $2,550 0.0% --
05/01/2025 05/01/25 For Rent $2,550 +27.5% --
02/01/2023 02/01/23 Rented $2,000 0.0% --
01/22/2023 01/22/23 Under Contract -- -- --
01/10/2023 01/10/23 For Rent $2,000 0.0% --
01/06/2023 01/06/23 Sold $195,000 -9.3% $238 / Sq Ft
12/19/2022 12/19/22 Pending -- -- --
12/14/2022 12/14/22 Price Changed $214,900 -4.5% $262 / Sq Ft
10/15/2022 10/15/22 For Sale $225,000 -- $275 / 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 $5,403 $27,205 $27,205 --
2023 $5,403 $68,682 $29,989 $38,693
2022 $5,044 $64,020 $30,879 $33,141
2021 $4,875 $62,380 $30,088 $32,292
2020 $4,787 $62,380 $30,088 $32,292
2019 $4,713 $61,836 $29,826 $32,010
2018 $4,437 $58,359 $30,558 $27,801
2017 $4,408 $57,656 $30,190 $27,466
2016 $4,328 $55,830 $29,234 $26,596
2015 $4,278 $60,458 $27,845 $32,613
2014 $4,783 $58,804 $27,391 $31,413
2012 $4,544 $58,928 $27,449 $31,479
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12324893

Midwest Real Estate Data (MRED)

APN: 14-20-403-024