NOT LISTED FOR SALE

525 E Lincoln St Unit 525 Mount Prospect, IL 60056

Downtown Mount Prospect Neighborhood

Estimated Value: $265,703 - $305,000

3 Beds
2 Baths
1,300 Sq Ft
$224/Sq Ft Est. Value

Last Sold December 16, 2014

Last sale price $133,000 $102 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $2,014/month

69 Days on Market

Highlights

  • Recreation Room
  • Lions Park Elementary School Rated 10
  • Forced Air Heating and Cooling System

About This Home

As of December 2014

Great townhome featuring 3 BR's , kitchen w/ new stove, freshly painted and new carpet throughout. This is a Fannie Mae HomePath property.

Last Agent to Sell the Property

Larry Shakman

Labra Group Listed on: 08/26/2014

Last Buyer's Agent

Dominic Caruso

MisterHomes Real Estate License #471000779

MisterHomes Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • 1965

Lot Details

  • 2.78

HOA Fees

  • $190 per month

Home Design

  • Property Attached
  • Brick Exterior Construction

Interior Spaces

  • Recreation Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Parking

  • Parking Available
  • Parking Included in Price
  • Assigned Parking
  • Unassigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Community Details

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

1965

Lot Details

2.78 Acres

HOA Fees

$190 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 1
  • Age: 41-50 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 1.1
  • Estimated Year Built: 1965
  • Type Attached: Condo
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1965

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 18X16, On Level: Main Level
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Kitchen Type: Dimensions: 10X9, On Level: Main Level
  • Additional Rooms: Recreation Room
  • Master Bedroom: Dimensions: 12X10, On Level: 2nd Level
  • Additional Room 1 Name: Recreation Rm, Dimensions: 19X15, On Level: Basement
  • Bedroom 2: Dimensions: 9X11, On Level: 2nd Level
  • Bedroom 3: Dimensions: 8X9, On Level: 2nd Level
  • Estimated Sq Ft: 1300

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Parking Details: Assigned Spaces, Unassigned
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Parking, Common Insurance, Exterior Maintenance, Lawn Care, Snow Removal
  • Assessment Association Fees: 190
  • Management Contact Name: Manager
  • Management Phone: 847-991-6000

Fee Information

  • Management Company: Rowell Management

Schools

  • Junior High Dist: 57

Lot Info

  • Lot Dimensions: INTEGRAL
  • Parcel Identification Number: 08122270191038

Multi Family

  • Total Number Unitsin Building: 4
  • Number Stories: 1

Tax Info

  • Taxes: 4150.40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2021
Sold by
Wu Hancheng and Zhan Meihua
Bought by
Wu Hancheng and Zhan Meihua
Current Estimated Value
$291,176

Purchase Details

Listed on
Aug 26, 2014
Closed on
Nov 11, 2014
Sold by
Fannie Mae
Bought by
Wu Hancheng and Zhan Meihua
Seller's Agent
Larry Shakman
Labra Group
Buyer's Agent
Dominic Caruso
MisterHomes Real Estate
List Price
$154,900
Sold Price
$133,000
Premium/Discount to List
-$21,900
-14.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.19%
Original Mortgage
$106,400
Outstanding Balance
$57,921
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$233,255

Purchase Details

Closed on
May 15, 2014
Sold by
Henry
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 21, 2004
Sold by
Roman Steven M and Roman Deborah L
Bought by
Henry Matthew and Henry Alice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,375
Interest Rate
4.37%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Wu Hancheng -- None Available
Wu Hancheng $133,000 Attorneys Title Guaranty Fun
Federal National Mortgage Association -- None Available
Henry Matthew $202,500 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Hancheng $106,400
Previous Owner Henry Matthew $192,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2014 12/16/14 Sold $133,000 -8.2% $102 / Sq Ft
11/03/2014 11/03/14 Pending -- -- --
09/26/2014 09/26/14 Price Changed $144,900 -6.5% $111 / Sq Ft
08/26/2014 08/26/14 For Sale $154,900 -- $119 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $3,349 $24,691 $2,901 $21,790
2024 $3,349 $17,993 $2,418 $15,575
2023 $3,170 $17,993 $2,418 $15,575
2022 $3,170 $17,993 $2,418 $15,575
2021 $1,190 $13,903 $1,571 $12,332
2020 $4,242 $13,903 $1,571 $12,332
2019 $4,241 $15,463 $1,571 $13,892
2018 $3,098 $10,125 $1,329 $8,796
2017 $3,106 $10,125 $1,329 $8,796
2016 $2,690 $10,125 $1,329 $8,796
2015 $2,815 $9,685 $1,087 $8,598
2014 $3,384 $11,844 $1,087 $10,757
2013 $4,150 $14,538 $1,087 $13,451
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2014

    Larry Shakman

    Labra Group

  • Dominic Caruso

    Buyer's Agent in 2014

    Dominic Caruso

    MisterHomes Real Estate

    (847) 951-4163

    97 Total Sales

    Dominic Caruso
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08712621

Midwest Real Estate Data (MRED)

APN: 08-12-227-019-1038

Illinois Cook County Mount Prospect 60056 Downtown Mount Prospect

525 E Lincoln St Unit 525, Mount Prospect, IL

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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