Seller's Agent in 2025
John & Dianne Wilt
Realstar Realty, Inc
(630) 337-8000
7 in this area
190 Total Sales
516 E Willow Ave Wheaton, IL 60187
Downtown Wheaton Neighborhood
3
Beds
1.5
Baths
1,402
Sq Ft
7,122
Sq Ft Lot
Highlights
- Colonial Architecture
- Wood Flooring
- Formal Dining Room
- Lowell Elementary School Rated A
- Home Office
- 1-minute walk to Hillside Tot Lot
About This Home
As of November 2025Unbeatable location with walk to Town and Train! This home sits on a beautiful tree lined street and is priced to sell. 9 ft ceilings with hardwood floors throughout. Lots of windows flood the home with natural light. A spacious living room features a gas fireplace as its focal point and has built-in bookcases too. It sides to a formal dining room that overlooks the backyard. The kitchen features plenty of cabinets and counter space. There is a large living room that can also be used as a home office. Upstairs you will find 3 decent-sized bedrooms all with hard-wood floors. There is a full bath and plenty of storage as well. A screened 3 season room overlooks the big backyard that offers mature trees. A big 2.5 car garage will hold all your vehicles and toys. You will love where you live in this popular area of Wheaton. You can walk to the train, farmers market, elem school, parks and everything downtown Wheaton has to offer. This home is clean and ready for the new owners to make it their own. It already has energy efficient windows, Lennox high efficiency furnace and A/C systems and more. Needs some updating but solid bones. Fast closing. Special financing gets you below market rate. Hurry on this one.
Last Agent to Sell the Property
Realstar Realty, Inc Brokerage Phone: (630) 337-8000 License #471017189 Listed on: 10/15/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,933
Year Built
- Built in 1925
Lot Details
- 7,122 Sq Ft Lot
- Lot Dimensions are 55 x 132
- Paved or Partially Paved Lot
Parking
- 2 Car Garage
- Driveway
- Parking Included in Price
Home Design
- Colonial Architecture
- Block Foundation
- Asphalt Roof
Interior Spaces
- 1,402 Sq Ft Home
- 2-Story Property
- Gas Log Fireplace
- Double Pane Windows
- Family Room
- Living Room with Fireplace
- Formal Dining Room
- Home Office
- Basement Fills Entire Space Under The House
- Unfinished Attic
- Dishwasher
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Enclosed Patio or Porch
Schools
- Lowell Elementary School
- Franklin Middle School
- Wheaton North High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- 100 Amp Service
- Lake Michigan Water
- Gas Water Heater
Community Details
- Lowell Manor Subdivision
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 15, 2025
Closed on
Oct 31, 2025
Sold by
Matz Ryan R and Matz Claudia M
Bought by
Hancock Benjamin and Hancock Anna
Seller's Agent
John & Dianne Wilt
Realstar Realty, Inc
Buyer's Agent
Zak Knebel
@properties Christie's International Real Estate
List Price
$424,900
Sold Price
$420,000
Premium/Discount to List
-$4,900
-1.15%
Views
36
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.27%
Purchase Details
Closed on
Aug 22, 2025
Sold by
Groe Revocable Trust and Groe David E
Bought by
Matz Ryan R and Matz Claudia M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
7.13%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 5, 2000
Sold by
Groe Edward A and Groe Louise T
Bought by
The Groe Family Revocable Trust
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 |
|---|---|---|---|
| Warranty Deed | $420,000 | First American Title | |
| Deed | $360,000 | Ata/Gmt Title Agency | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $288,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/17/2025 11/17/25 | Sold | $420,000 | -1.2% | $300 / Sq Ft |
| 10/19/2025 10/19/25 | Pending | -- | -- | -- |
| 10/15/2025 10/15/25 | For Sale | $424,900 | -- | $303 / 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 | $6,933 | $123,567 | $30,571 | $92,996 |
| 2023 | $6,605 | $113,740 | $28,140 | $85,600 |
| 2022 | $6,683 | $107,500 | $26,600 | $80,900 |
| 2021 | $6,649 | $104,950 | $25,970 | $78,980 |
| 2020 | $6,624 | $103,970 | $25,730 | $78,240 |
| 2019 | $6,460 | $101,230 | $25,050 | $76,180 |
| 2018 | $5,992 | $93,730 | $23,600 | $70,130 |
| 2017 | $5,883 | $90,270 | $22,730 | $67,540 |
| 2016 | $5,783 | $86,660 | $21,820 | $64,840 |
| 2015 | $5,713 | $82,680 | $20,820 | $61,860 |
| 2014 | $6,327 | $89,030 | $18,400 | $70,630 |
| 2013 | $6,165 | $89,290 | $18,450 | $70,840 |
Source: Public Records
Agents Affiliated with this Home
-
John & Dianne Wilt
-
Zak Knebel
Buyer's Agent in 2025
Zak Knebel
@ Properties
(773) 290-9293
1 in this area
240 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12493565
APN: 05-16-411-013
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