NOT LISTED FOR SALE

505 E Illinois St Wheaton, IL 60187

Downtown Wheaton Neighborhood

Estimated Value: $402,000 - $445,000

3 Beds
2 Baths
1,396 Sq Ft
$306/Sq Ft Est. Value

Last Sold March 23, 2023

Last sale price $353,000 $253 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,851/month

2 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Patio
  • Lowell Elementary School Rated A
  • 2 Car Detached Garage
  • 3-minute walk to Hurley Gardens

About This Home

As of March 2023

Great location for this beautiful 2-story home nicely situated in a pleasant neighborhood of central Wheaton and close to downtown. 3 bedrooms, 2 baths, a large kitchen with breakfast counter and 42" oak cabinets. Separate dining room, living room, and family room with wood burning fireplace all featuring hardwood floors, vinyl windows and 9' ceilings. Full basement with ample space and professionally water proofed (sump pump back-up battery). Large, fully fenced back yard with patio is perfect for enjoying your outdoor time. Long driveway with a 2 car garage. This beautiful home is walking distance to Lowell Elementary, Metra stations and close to all the wonderful shops, restaurants, parks and trails Wheaton and the surrounding area have to offer. Get ready to enjoy the spring and summer months. Come and take a look.

Last Agent to Sell the Property

Jeffrey McGinn

RE/MAX IMPACT License #475126734 Listed on: 02/13/2023

RE/MAX IMPACT

Co-Listed By

Robin McGinn

RE/MAX IMPACT License #471009129

Last Buyer's Agent

Josie Morrison

RE/MAX Action License #475121892

RE/MAX Action

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,036

Year Built

  • Built in 1927

Lot Details

  • 8,276

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,396 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Finished Basement Bathroom

Schools

  • Lowell Elementary School
  • Franklin Middle School
  • Wheaton North High School

Utilities

  • Central Air
  • Humidifier
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Gas Water Heater

Additional Features

  • Patio
  • Paved or Partially Paved Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,036

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1927
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Ceiling - 9 Foot
  • LivingArea: 1396
  • Other Equipment: Humidifier, Ceiling Fan(s), Sump Pump, Water Heater-Gas
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway
  • ParkingTotal: 5
  • Number of Cars: 7
  • Driveway: Asphalt,Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Lowell Elementary School
  • High School: Wheaton North High School
  • Middle/Junior School: Franklin Middle School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 8276
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 7036.46
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2023
Closed on
Mar 10, 2023
Sold by
Carey Marilyn
Bought by
Lomonaco Cody P
Seller's Agent
Jeffrey McGinn
RE/MAX IMPACT
Buyer's Agent
Josie Morrison
RE/MAX Action
List Price
$349,900
Sold Price
$353,000
Premium/Discount to List
$3,100
0.89%
Views
31
Current Estimated Value
$427,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,434
Avg. Annual Appreciation
7.23%
Original Mortgage
$282,400
Outstanding Balance
$273,817
Interest Rate
6.88%
Mortgage Type
Construction
Estimated Equity
$153,617

Purchase Details

Closed on
Jun 21, 2013
Sold by
Carey Daniel and Carey Marilyn
Bought by
Carey Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 1997
Sold by
Piquard Robert E and Piquard Alice M
Bought by
Carey Daniel and Carey Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,800
Interest Rate
8.01%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lomonaco Cody P $353,000 Carrington Title Partners
Carey Marilyn -- Citywide Title Corporation
Carey Daniel $181,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lomonaco Cody P $282,400
Previous Owner Carey Marilyn $155,000
Previous Owner Carey Daniel $144,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2023 03/23/23 Sold $353,000 +0.9% $253 / Sq Ft
02/16/2023 02/16/23 Pending -- -- --
02/13/2023 02/13/23 For Sale $349,900 -- $251 / 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 $7,332 $121,763 $30,560 $91,203
2023 $7,180 $114,250 $28,130 $86,120
2022 $7,063 $107,980 $26,590 $81,390
2021 $7,036 $105,420 $25,960 $79,460
2020 $7,014 $104,440 $25,720 $78,720
2019 $6,850 $101,680 $25,040 $76,640
2018 $6,281 $92,720 $23,590 $69,130
2017 $6,182 $89,300 $22,720 $66,580
2016 $6,094 $85,730 $21,810 $63,920
2015 $6,041 $81,790 $20,810 $60,980
2014 $6,971 $91,980 $18,400 $73,580
2013 $6,792 $92,250 $18,450 $73,800
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey McGinn

    Seller's Agent in 2023

    Jeffrey McGinn

    RE/MAX

    (630) 890-1587

    1 in this area

    66 Total Sales

    Jeffrey McGinn
    Section Image
  • Robin McGinn

    Seller Co-Listing Agent in 2023

    Robin McGinn

    RE/MAX

    (630) 977-0677

    1 in this area

    117 Total Sales

    Robin McGinn
    Section Image
  • Josie Morrison

    Buyer's Agent in 2023

    Josie Morrison

    RE/MAX

    (630) 781-6383

    1 in this area

    226 Total Sales

    Josie Morrison
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11717754

Midwest Real Estate Data (MRED)

APN: 05-16-411-022

Illinois DuPage County Wheaton 60187 Downtown Wheaton

505 E Illinois St, Wheaton, IL

Not Listed for Sale

Detached

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