NOT LISTED FOR SALE

514 Chicago Ave Downers Grove, IL 60515

Estimated Value: $557,609 - $620,000

3 Beds
2 Baths
1,554 Sq Ft
$374/Sq Ft Est. Value

Last Sold February 28, 2014

Last sale price $357,500 $230 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,761/month

108 Days on Market

Highlights

  • Wood Flooring
  • Detached Garage
  • Patio
  • Lester Elementary School Rated A-
  • Breakfast Bar
  • Central Air

About This Home

As of February 2014

WALK TO TRAIN,MOVE IN READY, REHABED SPLIT LEVEL. TASTEFULLY DECORATED.NEWER KIT & BATHS, GLEAMING HARDWOOD FLRS,GRANITE COUNTERS,UNDER CAB LIGHTING, COPPER SINK, STAINLESS STEEL APPL,SURROUND SOUND WIRED IN FAM RM W/FIREPLACE,BAY WINDOW IN LV,CANNED LIGHTS,BEAUTIFUL FRONT DR W/LEADED GLASS,BRIGHT LAUNDRY RM. XTRA LONG GARAGE W/WORK BENCH,TURN AROUND DRIVE.PROF LANDSCAPED,EXTERIOR LIGHTING. DEEP LOT.PRISTINE CONDTION

Last Agent to Sell the Property

Diane Karpman

Coldwell Banker Realty License #475126016 Listed on: 10/16/2013

Coldwell Banker Realty

Last Buyer's Agent

CJ McCann

Keller Williams Premiere Properties License #475158020

Keller Williams Premiere Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,987

Year Built

  • 1974

Lot Details

  • 8,276

Parking

  • Detached Garage
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Slab Foundation
  • Asphalt Rolled Roof
  • Cedar

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Gas Log Fireplace
  • Wood Flooring
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,987

Year Built

1974

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train
  • Recent Rehab: Yes
  • Age: 31-40 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Type Detached: Split Level
  • Estimated Year Built: 1974
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1974

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 7
  • Living Room: Dimensions: 18X15, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Appliances: Oven/Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal
  • Equipment: Humidifier, TV-Cable, Ceiling Fan, Sump Pump
  • Fireplace Details: Gas Logs
  • Attic: Unfinished
  • Fireplace Location: Family Room
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 13X10, On Level: Lower, Flooring: Other, Windows: Blinds
  • Dining Room: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 15X12, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X13, On Level: 2nd Level, Flooring: Hardwood, Windows: Shades
  • Bedroom 2: Dimensions: 14X10, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 3: Dimensions: 10X10, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Estimated Sq Ft: 1554
  • Dining Room Type: L-shaped
  • Family Room: Dimensions: 17X15, On Level: Lower, Flooring: Carpet, Windows: Blinds

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Cedar
  • Roof Type: Asphalt/Glass (Rolled)
  • Exterior Property Features: Patio, Storms/Screens

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • School District: 99
  • Elementary School: LESTER ELEMENTARY SCHOOL
  • Middle School: HERRICK MIDDLE SCHOOL
  • High School: NORTH HIGH SCHOOL
  • Junior High Dist: 58

Lot Info

  • Lot Dimensions: 50X164
  • Parcel Identification Number: 0905414043

Tax Info

  • Taxes: 4924.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2025
Sold by
Drechsler Alfonse H
Bought by
Drechsler Claire W
Current Estimated Value
$580,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Outstanding Balance
$209,990
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$370,912

Purchase Details

Closed on
Mar 31, 2017
Sold by
Forest Michael D and Forest Antonette P
Bought by
Drechsler Alfonse H and Drechsler Claire W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2013
Sold by
Tolin Fredrik P and The Fredrick P Tolin Revocable
Bought by
Forest Michael D and Forest Antoinette P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,625
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2011
Sold by
Tolin Fredrik P
Bought by
Livi Tolin Fredrik P and Livi Fredrik P Tolin Revocable

Purchase Details

Closed on
Aug 25, 2006
Sold by
Hendricks Paul A and Hendricks Cynthia L
Bought by
Tolin Fredrik P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,400
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Drechsler Claire W -- None Listed On Document
Drechsler Alfonse H $372,000 Midwest Title & Appraisal Se
Forest Michael D $357,500 Fidelity National Title
Livi Tolin Fredrik P -- None Available
Tolin Fredrik P $352,000 Gitc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drechsler Claire W $212,000
Previous Owner Drechsler Alfonse H $266,000
Previous Owner Drechsler Alfonse H $270,000
Previous Owner Drechsler Alfonse H $291,000
Previous Owner Forest Michael D $338,000
Previous Owner Forest Michael D $339,625
Previous Owner Tolin Fredrik P $322,900
Previous Owner Tolin Fredrik P $334,400
Previous Owner Hendricks Paul A $113,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2014 02/28/14 Sold $357,500 -2.1% $230 / Sq Ft
02/01/2014 02/01/14 Pending -- -- --
01/24/2014 01/24/14 Price Changed $365,000 -1.4% $235 / Sq Ft
12/23/2013 12/23/13 For Sale $370,000 0.0% $238 / Sq Ft
12/09/2013 12/09/13 Pending -- -- --
11/21/2013 11/21/13 Price Changed $370,000 -0.7% $238 / Sq Ft
10/31/2013 10/31/13 Price Changed $372,500 -0.7% $240 / Sq Ft
10/16/2013 10/16/13 For Sale $375,000 -- $241 / 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 $7,987 $147,505 $64,180 $83,325
2023 $7,585 $135,600 $59,000 $76,600
2022 $7,204 $128,410 $55,870 $72,540
2021 $6,742 $126,940 $55,230 $71,710
2020 $6,616 $124,430 $54,140 $70,290
2019 $6,404 $119,390 $51,950 $67,440
2018 $6,060 $112,030 $51,670 $60,360
2017 $5,865 $107,800 $49,720 $58,080
2016 $5,746 $102,880 $47,450 $55,430
2015 $5,678 $96,790 $44,640 $52,150
2014 $5,182 $86,390 $39,450 $46,940
2013 $5,076 $85,980 $39,260 $46,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08468362

Midwest Real Estate Data (MRED)

APN: 09-05-414-043