$275,000
SOLD JAN 31, 2025

523 E 3rd St Lockport, IL 60441

3 Beds
1 Bath
1,080 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$255 Per Sq Ft

0 Day on Market

Highlights

  • Recreation Room
  • Wood Flooring
  • Stainless Steel Appliances
  • Milne Grove Elementary School Rated A-
  • Main Floor Bedroom
  • 1 Car Attached Garage

About This Home

As of January 2025

Upgraded 3 Bedroom, 1 bath home with a partially finished basement. This home has been freshly painted! One large bedroom on the main floor and 2 additional bedrooms on 2nd floor. All upgraded in 2015 with engineered hardwood in living room and dining room and new baseboards and crown molding. New kitchen with beautiful cabinetry, granite and SS appliances. New AC in 2015. New windows ( 2015). New roof on house ( 2022 ), new tear off roof on garage (2021). Furnace and water heater- replaced since current owner purchased this home in 2019. This home also has a new covered front porch. Large fenced yard!

Last Agent to Sell the Property

Cynthia Potilechio

Keller Williams Infinity License #475128181 Listed on: 12/16/2024

Keller Williams Infinity

Last Buyer's Agent

James Kroll

Century 21 Kroll Realty License #471004756

Century 21 Kroll Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,032

Year Built

  • Built in 1925 | Remodeled in 2015

Lot Details

  • 8,276 Sq Ft Lot
  • Paved or Partially Paved Lot

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,080 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Dry Bar
  • Family Room
  • Combination Dining and Living Room
  • Recreation Room
  • Partially Finished Basement
  • Partial Basement
  • Unfinished Attic
  • Storm Screens

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Shed

Schools

  • Lockport Township High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,032

Year Built

Built in 1925 | Remodeled in 2015

Lot Details

0

Parking

1

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: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2015
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2015

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: Partial
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Bar-Dry, Hardwood Floors, First Floor Bedroom, Built-in Features
  • LivingArea: 1080
  • Other Equipment: TV-Cable
  • Room Type: Recreation Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Attic: Unfinished
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio, Storms/Screens
  • List Price: 275000
  • OtherStructures: Shed(s)
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Lockport Township High School
  • Middle/Junior School District: 91

Lot Info

  • Lot Size Acres: 0.19
  • Lot Dimensions: 8068
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5032
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2024
Closed on
Jan 17, 2025
Sold by
Ingram Joshua
Bought by
Schmidt Cheryl A
Seller's Agent
Cynthia Potilechio
Keller Williams Infinity
Buyer's Agent
James Kroll
Century 21 Kroll Realty
List Price
$275,000
Sold Price
$275,000
Views
39
Current Estimated Value
$287,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,865
Avg. Annual Appreciation
2.32%
Original Mortgage
$261,250
Outstanding Balance
$259,944
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$19,129

Purchase Details

Listed on
Nov 8, 2019
Closed on
Feb 7, 2020
Sold by
Small Matthew and Habel Small Karissa
Bought by
Ingram Joshua
Seller's Agent
Christopher Campbell
Redfin Corporation
Buyer's Agent
Sonia Mansour
Charles Rutenberg Realty of IL
List Price
$194,900
Sold Price
$199,500
Premium/Discount to List
$4,600
2.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.64%
Original Mortgage
$206,682
Interest Rate
3.37%
Mortgage Type
VA

Purchase Details

Listed on
Apr 4, 2015
Closed on
May 15, 2015
Sold by
Steel City Properties Llc
Bought by
Small Matthew and Habel Karissa
Seller's Agent
Derek Hackney
Steel City Real Estate and Property Management Services, Inc
Buyer's Agent
Mary Wallace
Coldwell Banker Realty
List Price
$139,000
Sold Price
$147,000
Premium/Discount to List
$8,000
5.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.65%
Original Mortgage
$117,600
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2014
Sold by
Martinez April and Williams Michael
Bought by
Steel City Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 30, 2014
Sold by
Martinez April and Williams Michael
Bought by
Steel City Properties Llc

Purchase Details

Closed on
Apr 6, 2006
Sold by
Graser Richard J and Graser Lana L
Bought by
Williams Michael and Martinez April

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,064
Interest Rate
6.48%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 26, 2003
Sold by
Olivito Anthony P and Olivito Angela L
Bought by
Graser Richard J and Graser Lana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 2000
Sold by
Taskay John J and Taskay Barbara J
Bought by
Olivito Anthony P and Olivito Angela L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,800
Interest Rate
8.39%
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 Type Sale Price Title Company
Warranty Deed $275,000 Old Republic Title
Warranty Deed $199,500 Fidelity National Title
Warranty Deed $147,000 First American
Sheriffs Deed $49,501 None Available
Sheriffs Deed $49,501 None Available
Warranty Deed $190,000 Chicago Title Insurance Comp
Warranty Deed $150,000 Multiple
Warranty Deed $123,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $261,250 New Conventional
Previous Owner $28,000 Credit Line Revolving
Previous Owner $206,682 VA
Previous Owner $117,600 New Conventional
Previous Owner $200,000 Future Advance Clause Open End Mortgage
Previous Owner $187,064 FHA
Previous Owner $150,000 Purchase Money Mortgage
Previous Owner $98,800 No Value Available
Closed $24,700 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2025 01/31/25 Sold $275,000 0.0% $255 / Sq Ft
12/17/2024 12/17/24 Pending -- -- --
12/16/2024 12/16/24 For Sale $275,000 +37.8% $255 / Sq Ft
02/07/2020 02/07/20 Sold $199,500 +2.4% $185 / Sq Ft
12/30/2019 12/30/19 Pending -- -- --
12/24/2019 12/24/19 For Sale $194,900 0.0% $180 / Sq Ft
12/14/2019 12/14/19 Pending -- -- --
11/27/2019 11/27/19 Price Changed $194,900 -2.5% $180 / Sq Ft
11/22/2019 11/22/19 For Sale $199,900 0.0% $185 / Sq Ft
11/20/2019 11/20/19 Pending -- -- --
11/08/2019 11/08/19 For Sale $199,900 +36.0% $185 / Sq Ft
05/15/2015 05/15/15 Sold $147,000 +5.8% $135 / Sq Ft
04/07/2015 04/07/15 Pending -- -- --
04/04/2015 04/04/15 For Sale $139,000 -- $127 / 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 $5,330 $70,085 $20,958 $49,127
2023 $5,330 $62,919 $18,815 $44,104
2022 $4,851 $58,691 $17,550 $41,141
2021 $4,582 $55,156 $16,493 $38,663
2020 $4,457 $53,343 $15,951 $37,392
2019 $4,220 $50,562 $15,119 $35,443
2018 $3,953 $46,742 $13,976 $32,766
2017 $3,620 $42,429 $12,687 $29,742
2016 $3,378 $39,139 $11,703 $27,436
2015 -- $38,691 $10,407 $28,284
2014 -- $37,203 $10,007 $27,196
2013 -- $37,962 $10,211 $27,751
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12203184

Midwest Real Estate Data (MRED)

APN: 11-04-23-231-010