Seller's Agent in 2024
Toni Cozzo
Racine Realty Group Inc
(630) 742-9042
3 in this area
11 Total Sales
5005 Florence Ave Downers Grove, IL 60515
Estimated Value: $285,000 - $412,000
2
Beds
2
Baths
700
Sq Ft
$472/Sq Ft
Est. Value
Highlights
- Bonus Room
- 3-minute walk to Downers Grove Fairview Avenue Station
- 1-Story Property
- Lester Elementary School Rated A-
- 2 Car Detached Garage
- Forced Air Heating and Cooling System
About This Home
As of March 2024Great opportunity in Downers Grove! Home is situated on large lot (60 X 219) , just steps from Fairview train station. Currently being used as an income property, with a lease in place until 5/31/2025. This 3 bed 2 bath home is in Downers Grove North school district. Property also has a 2-car detached garage with attached bonus room. Kitchen appliances, flooring in kitchen/basement/bonus room, paint throughout all new in 2021. New washing machine 2022, New hot water tank 2023, New roof 2017, Updated baths 2017, New Furnace 2019. Call LA for more details and to schedule a showing. Must schedule showing appointment at least 24 hours in advance as to respect the current tenant's schedule. No showings until 8/6. This property offers endless possibilities for a new owner. Pictures taken prior to tenant. Being sold as-is.
Last Agent to Sell the Property
Racine Realty Group Inc License #471007766 Listed on: 08/03/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,723
Year Built
- Built in 1945
Lot Details
- Lot Dimensions are 60x219
Parking
- 2 Car Detached Garage
- Parking Space is Owned
Home Design
- Block Exterior
Interior Spaces
- 700 Sq Ft Home
- 1-Story Property
- Bonus Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 3 Potential Bedrooms
- 2 Full Bathrooms
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Schools
- North High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 3, 2023
Closed on
Feb 13, 2024
Sold by
Jbt Florence Llc
Bought by
Khan Abdul
Seller's Agent
Toni Cozzo
Racine Realty Group Inc
Buyer's Agent
Bridgette Laux
Coldwell Banker Real Estate Group
List Price
$315,500
Sold Price
$255,000
Premium/Discount to List
-$60,500
-19.18%
Views
460
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
$75,407
Avg. Annual Appreciation
15.27%
Original Mortgage
$191,250
Outstanding Balance
$188,776
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$127,704
Purchase Details
Listed on
Jul 18, 2021
Closed on
Jul 29, 2021
Sold by
Cozzo James E and Andler Robert Brandon
Bought by
Jbt Florence Llc
Seller's Agent
Toni Cozzo
Racine Realty Group Inc
Buyer's Agent
Jacqueline Caballero
GMC Realty LTD
Sold Price
$2,125
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.76%
Original Mortgage
$180,000
Interest Rate
5.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 18, 2021
Closed on
Jun 22, 2021
Sold by
Wei Qing Rong and Ke Hui Shan
Bought by
Wei Qing Rong and Ke Hui Shan
Seller's Agent
Toni Cozzo
Racine Realty Group Inc
Buyer's Agent
Jacqueline Caballero
GMC Realty LTD
Sold Price
$2,125
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 26, 2001
Sold by
Gurauskas Rimantas and Ivanauskaite Maryte
Bought by
Wei Qing Rong and Ke Hui Shan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,250
Interest Rate
6.64%
Mortgage Type
Unknown
Purchase Details
Closed on
May 29, 1998
Sold by
Hampson John R
Bought by
Gurauskas Rimantas and Ivanauskaite Maryte
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.27%
Purchase Details
Closed on
Nov 26, 1996
Sold by
Green Esther M
Bought by
Hampson John R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
7.94%
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 |
|---|---|---|---|
| Khan Abdul | $255,000 | Chicago Title | |
| Jbt Florence Llc | -- | Attorney | |
| Wei Qing Rong | $225,000 | Baird & Warner Ttl Svcs Scha | |
| Wei Qing Rong | $175,000 | First American Title Ins | |
| Gurauskas Rimantas | $99,000 | -- | |
| Hampson John R | $85,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Khan Abdul | $191,250 | |
| Previous Owner | Wei Qing Rong | $180,000 | |
| Previous Owner | Wei Qing R | $67,500 | |
| Previous Owner | Wei Qing Rong | $33,250 | |
| Previous Owner | Wei Qing Rong | $84,000 | |
| Previous Owner | Gurauskas Rimantas | $80,000 | |
| Previous Owner | Hampson John R | $68,000 | |
| Closed | Wei Qing Rong | $41,070 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/01/2024 03/01/24 | Sold | $255,000 | -7.3% | $364 / Sq Ft |
| 11/23/2023 11/23/23 | Pending | -- | -- | -- |
| 10/17/2023 10/17/23 | Price Changed | $274,988 | -4.5% | $393 / Sq Ft |
| 10/10/2023 10/10/23 | Price Changed | $288,000 | -3.8% | $411 / Sq Ft |
| 10/02/2023 10/02/23 | Price Changed | $299,500 | -1.8% | $428 / Sq Ft |
| 09/18/2023 09/18/23 | Price Changed | $305,000 | -3.3% | $436 / Sq Ft |
| 09/08/2023 09/08/23 | Price Changed | $315,500 | 0.0% | $451 / Sq Ft |
| 09/08/2023 09/08/23 | For Sale | $315,500 | -4.4% | $451 / Sq Ft |
| 09/02/2023 09/02/23 | Pending | -- | -- | -- |
| 08/18/2023 08/18/23 | Price Changed | $329,900 | -4.4% | $471 / Sq Ft |
| 08/03/2023 08/03/23 | For Sale | $345,000 | 0.0% | $493 / Sq Ft |
| 07/29/2021 07/29/21 | Rented | -- | -- | -- |
| 07/18/2021 07/18/21 | For Rent | $2,350 | 0.0% | -- |
| 06/22/2021 06/22/21 | Sold | $225,000 | -13.5% | $321 / Sq Ft |
| 05/12/2021 05/12/21 | Pending | -- | -- | -- |
| 05/09/2021 05/09/21 | Price Changed | $260,000 | -5.5% | $371 / Sq Ft |
| 03/02/2021 03/02/21 | For Sale | $275,000 | -- | $393 / 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 | $5,133 | $97,652 | $56,979 | $40,673 |
| 2023 | $4,861 | $89,770 | $52,380 | $37,390 |
| 2022 | $4,723 | $86,250 | $50,330 | $35,920 |
| 2021 | $4,419 | $85,270 | $49,760 | $35,510 |
| 2020 | $4,334 | $83,580 | $48,770 | $34,810 |
| 2019 | $4,190 | $80,190 | $46,790 | $33,400 |
| 2018 | $4,271 | $80,730 | $46,460 | $34,270 |
| 2017 | $3,813 | $72,190 | $44,710 | $27,480 |
| 2016 | $3,471 | $64,530 | $42,670 | $21,860 |
| 2015 | $3,422 | $60,710 | $40,140 | $20,570 |
| 2014 | $3,323 | $57,550 | $39,030 | $18,520 |
| 2013 | $3,254 | $57,280 | $38,850 | $18,430 |
Source: Public Records
Agents Affiliated with this Home
-
Toni Cozzo
-
Bridgette Laux
Buyer's Agent in 2024
Bridgette Laux
Coldwell Banker Real Estate Group
(708) 369-5584
2 in this area
83 Total Sales
-
Michael Zawislak
Seller's Agent in 2021
Michael Zawislak
Baird Warner
(708) 267-2871
8 in this area
90 Total Sales
-
Jacqueline Caballero
Buyer's Agent in 2021
Jacqueline Caballero
GMC Realty LTD
(630) 857-0208
29 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11845923
APN: 09-09-111-009
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