505 Barbara Ct University Park, IL 60484
3
Beds
1.5
Baths
1,439
Sq Ft
0.26
Acres
Highlights
- Mature Trees
- Ranch Style House
- 1 Car Attached Garage
- Creek On Lot
- Cul-De-Sac
- Patio
About This Home
As of March 2025Looking for a new owner willing to put in a little sweat equity. One could not ask for a better location with no back neighbors allowing a great private view and just a couple quick turns from the corner of Western and Exchange. Sitting on a nice cull-d-sac wooded lot with small babbling makes a perfect picnic setting in your own back yard. This brick home features 3 bedrooms, 1.5 bath, eat in kitchen, family room addition with gas fireplace that can be converted to a wood burning as well as a 1.5 car garage. The furnace has been replaced and central A/C unit added as well as a newer hot water heater. This home has been a rental for many years so lots of cosmetic updating will be necessary. Owner would like to sell as-is so if you are an FHA buyer you will need a 203k loan to purchase. Investor offers welcome with a total rehabbed price near 200k. Let's make a deal.
Last Agent to Sell the Property
McColly Real Estate License #471011289 Listed on: 07/11/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,712
Year Built
- Built in 1970
Lot Details
- 0.26 Acre Lot
- Lot Dimensions are 38x168x102x27x18x163
- Cul-De-Sac
- Level Lot
- Irregular Lot
- Mature Trees
- Wooded Lot
Parking
- 1 Car Attached Garage
- Driveway
- Parking Included in Price
Home Design
- Ranch Style House
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,439 Sq Ft Home
- Gas Log Fireplace
- Family Room with Fireplace
- Living Room
- Dining Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
Laundry
- Laundry Room
- Laundry on main level
Outdoor Features
- Creek On Lot
- Patio
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- 100 Amp Service
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 11, 2024
Closed on
Feb 28, 2025
Sold by
Trust Number 1445 and Chicago Title Land Trust Company
Bought by
Gallo Nero Llc
Seller's Agent
Robert Showalter
McColly Real Estate
Buyer's Agent
Mike Bodden
Chase Real Estate LLC
List Price
$157,500
Sold Price
$125,000
Premium/Discount to List
-$32,500
-20.63%
Views
102
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
272.97%
Purchase Details
Closed on
Aug 21, 1998
Sold by
Bone Richard A
Bought by
First United Bank and Trust #1445
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
9%
Similar Homes in the area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $125,000 | Chicago Title | |
| Warranty Deed | $60,000 | Premier Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $48,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/10/2025 07/10/25 | For Sale | $239,700 | +91.8% | $167 / Sq Ft |
| 03/04/2025 03/04/25 | Sold | $125,000 | -7.9% | $87 / Sq Ft |
| 01/20/2025 01/20/25 | Pending | -- | -- | -- |
| 01/08/2025 01/08/25 | Price Changed | $135,700 | -13.8% | $94 / Sq Ft |
| 07/11/2024 07/11/24 | For Sale | $157,500 | -- | $109 / 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 |
|---|---|---|---|---|
| 2023 | $6,116 | $42,003 | $7,310 | $34,693 |
| 2022 | $5,797 | $36,948 | $6,430 | $30,518 |
| 2021 | $4,964 | $33,657 | $5,906 | $27,751 |
| 2020 | $4,922 | $32,566 | $5,715 | $26,851 |
| 2019 | $5,008 | $30,883 | $5,420 | $25,463 |
| 2018 | $4,913 | $29,694 | $5,306 | $24,388 |
| 2017 | $4,802 | $28,389 | $5,190 | $23,199 |
| 2016 | $4,555 | $26,882 | $4,994 | $21,888 |
| 2015 | $4,042 | $24,549 | $4,552 | $19,997 |
| 2014 | $4,042 | $24,210 | $4,489 | $19,721 |
| 2013 | $4,042 | $25,350 | $4,700 | $20,650 |
Source: Public Records
Agents Affiliated with this Home
-
Neil Gates
Seller's Agent in 2025
Neil Gates
Chase Real Estate LLC
(630) 528-0497
10 in this area
635 Total Sales
-
Robert Showalter
Seller's Agent in 2025
Robert Showalter
McColly Real Estate
(708) 997-2211
4 in this area
85 Total Sales
-
Mike Bodden
Buyer's Agent in 2025
Mike Bodden
Chase Real Estate LLC
(847) 293-8928
11 in this area
391 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12107503
APN: 14-12-409-012
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