NOT LISTED FOR SALE

502 E Illinois St Wheaton, IL 60187

Downtown Wheaton Neighborhood

Estimated Value: $505,000 - $1,359,000

4 Beds
2 Baths
1,496 Sq Ft
$671/Sq Ft Est. Value

Sale Details

Date Sold: April 23, 2021

Last sale price $255,000 $170 Per Sq Ft

Est. 293% increase in value since last sale

Current estimated payment $6,881 / mo

6 Days on Market

Highlights

  • Mature Trees
  • Traditional Architecture
  • Main Floor Bedroom
  • Lowell Elementary School Rated A
  • Wood Flooring
  • 3-minute walk to Hurley Gardens

About This Home

As of April 2021

Multiple offers received. Highest and best Sunday 3/28/21 by 5:00 PM. Location! Location! Attention Rehabbers, Flippers, landlords and Developers. Walk to town, both Metra stations, Wheaton College, Lowell School, Prairie Path, Central Athletic and Marianos. 4 bedroom 2 bath Farmhouse with full basement, detached garage and hard wood floors. 66'x 165' lot with fenced back yard and turn of the century woodwork. 1st floor family room has been used as a bedroom and sitting room. Detached garage is block construction. House is "as is where is" and quick close possible. This is a Estate sale and buyer responsible for remaining property at closing.

Last Agent to Sell the Property

Norm McDougall

Baird & Warner License #471000553 Listed on: 03/23/2021

Baird & Warner

Last Buyer's Agent

Beth Gorz

Keller Williams Premiere Properties License #475128758

Keller Williams Premiere Properties

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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 Details

Home Type

  • Single Family

Lot Details

  • Fenced Yard
  • Chain Link Fence
  • Mature Trees

Parking

  • Detached Garage
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Traditional Architecture
  • Block Foundation
  • Asphalt Shingled Roof
  • Masonite

Interior Spaces

  • Entrance Foyer
  • Home Office
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • North or South Exposure
  • Enclosed Patio or Porch

Listing and Financial Details

  • Senior Tax Exemptions

Home Details

Home Type

Single Family

Lot Details

0.25 Acres

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Disability Access: Yes
  • Disability Access Details: Grab Bars in Bathroom(s)
  • Age: Unknown
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Traditional
  • Type Detached: 2 Stories
  • Estimated Year Built: U
  • Tax Exemptions: Senior
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath, Some Carpeting
  • Number Of Rooms: 9
  • Living Room: Dimensions: 16X15, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Gas Oven
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 8X8, On Level: Basement, Flooring: Other, Windows: None
  • Dining Room: Dimensions: 12X13, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Dimensions: 15X14, On Level: Main Level, Flooring: Wood Laminate, Windows: None
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Office, Foyer, Enclosed Porch
  • Master Bedroom: Dimensions: 14X15, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Additional Room 1 Name: Office, Dimensions: 7X7, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Additional Room 2 Name: Foyer, Dimensions: 4X12, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Bedroom 2: Dimensions: 12X12, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Additional Room 3 Name: Enclosed Porch, Dimensions: 19X9, On Level: Main Level, Flooring: Other, Windows: None
  • Bedroom 3: Dimensions: 10X12, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Bedroom 4: Dimensions: 7X8, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Estimated Sq Ft: 1496
  • Dining Room Type: Separate
  • Family Room: Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood, Windows: None

Exterior Features

  • Foundation: Block
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Masonite
  • Roof Type: Asphalt/Glass (Shingles)
  • Exposure: N (North)
  • Acreage: 0.25

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: 3+ (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • Junior High Dist: 200

Lot Info

  • Lot Dimensions: 66X165
  • Lot Description: Fenced Yard, Mature Trees, Chain Link Fence, Sidewalks, Streetlights
  • Parcel Identification Number: 0516415010
  • Zero Lot Line: No

Tax Info

  • Taxes: 6767.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2021
Closed on
Apr 17, 2021
Sold by
Bought by
Seller's Agent
Norm McDougall
Baird & Warner
Buyer's Agent
Beth Gorz
Keller Williams Premiere Properties
List Price
$229,000
Sold Price
$255,000
Premium/Discount to List
$26,000
11.35%
Current Estimated Value
$1,003,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$748,190
Avg. Annual Appreciation
29.62%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Downtown Wheaton, IL

  • Eddie Ruettiger Real Estate Agent - Exit Real Estate Specialists

    Eddie Ruettiger

    Exit Real Estate Specialists

    (708) 719-9080

    233 Total Sales

    1 in Downtown Wheaton

    $280,000 Price

    Eddie Ruettiger
     Section Image
  • Amy Lorentsen Real Estate Agent - Baird & Warner

    Amy Lorentsen

    Baird & Warner

    (708) 741-2607

    67 Total Sales

    9 in Downtown Wheaton

    $227K - $2M Price Range

    Amy Lorentsen
     Section Image
  • Timothy Soltys Real Estate Agent - Online Brokers Inc.

    Timothy Soltys

    Online Brokers Inc.

    (630) 521-3579

    74 Total Sales

    1 in Downtown Wheaton

    $290,000 Price

    Timothy Soltys
     Section Image
  • Ryan Luu Real Estate Agent - Real People Realty

    Ryan Luu

    Real People Realty

    (708) 859-6910

    176 Total Sales

    1 in Downtown Wheaton

    $350,000 Price

    Ryan Luu
     Section Image
  • Robin McGinn Real Estate Agent - RE/MAX IMPACT

    Robin McGinn

    RE/MAX IMPACT

    (224) 386-3023

    104 Total Sales

    1 in Downtown Wheaton

    $353,000 Price

    Robin McGinn
     Section Image
  • Donald Hampton Real Estate Agent - Fathom Realty IL LLC

    Donald Hampton

    Fathom Realty IL LLC

    (708) 905-4903

    143 Total Sales

    2 in Downtown Wheaton

    $548K - $760K Price Range

    Donald Hampton
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$255,000 Chicago Title Land Trust Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $887,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/23/2021 04/23/21 Sold $255,000 +11.4% $170 / Sq Ft
03/29/2021 03/29/21 Pending -- -- --
03/23/2021 03/23/21 For Sale $229,000 -- $153 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $18,678 $297,804 $36,536 $261,268
2023 $18,525 $274,120 $33,630 $240,490
2022 $2,202 $31,790 $31,780 $10
2021 $6,462 $102,300 $31,030 $71,270
2020 $6,903 $107,890 $30,740 $77,150
2019 $6,732 $105,040 $29,930 $75,110
2018 $6,467 $100,290 $31,080 $69,210
2017 $6,352 $96,590 $29,930 $66,660
2016 $6,247 $92,730 $28,730 $64,000
2015 $6,174 $88,470 $27,410 $61,060
2014 $7,228 $100,140 $24,300 $75,840
2013 $7,043 $100,440 $24,370 $76,070
Source: Public Records

Agents Affiliated with this Home

  • Norm McDougall Real Estate Agent - Baird Warner

    Seller's Agent in 2021

    Norm McDougall

    Baird Warner

    (708) 610-1692

    1 in this area

    7 Total Sales

    Norm McDougall
    Section Image
  • Beth Gorz Real Estate Agent - Keller Williams Premiere Properties

    Buyer's Agent in 2021

    Beth Gorz

    Keller Williams Premiere Properties

    (630) 361-4288

    2 in this area

    111 Total Sales

    Beth Gorz
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11029690

Midwest Real Estate Data (MRED)

APN: 05-16-415-010

Illinois DuPage County Wheaton 60187 Downtown Wheaton

502 E Illinois St, Wheaton, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.