NOT LISTED FOR SALE

538 S Illinois Ave Villa Park, IL 60181

Estimated Value: $310,000 - $346,000

2 Beds
1 Bath
1,062 Sq Ft
$308/Sq Ft Est. Value

Last Sold January 04, 2024

Last sale price $250,000 $235 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,184/month

1 Day on Market

Highlights

  • Mature Trees
  • Screened Porch
  • 2 Car Detached Garage
  • Ardmore Elementary School Rated A-
  • Formal Dining Room
  • Bungalow

About This Home

As of January 2024

Potential galore!! Circa 1928 brick bungalow on large lot 70x187 (approx .30 acre) on a tree lined street. Perfect for handyman, builder or new owner to expand or rehab. Hardwood floors under carpeting in most areas. Enclosed front porch. Detached 2 car garage. Mature landscaping. Listing agent has beneficial interest in property. Being sold AS IS. Great potential!!

Last Agent to Sell the Property

Karen Maitland

L.W. Reedy Real Estate License #475150019 Listed on: 12/07/2023

L.W. Reedy Real Estate

Last Buyer's Agent

Tom Fosnot

J.W. Reedy Realty License #475137941

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,392

Year Built

  • Built in 1928

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 70x187
  • Partially Fenced Property
  • Mature Trees

Parking

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

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,062 Sq Ft Home
  • 1-Story Property
  • Bookcases
  • Blinds
  • Formal Dining Room
  • Screened Porch
  • Partially Carpeted
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range
  • Dryer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Schools

  • Ardmore Elementary School
  • Jackson Middle School
  • Willowbrook High School

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,392

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1928
  • 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): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dryer
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Bookcases, Some Carpeting, Some Window Treatmnt, Some Wood Floors, Drapes/Blinds, Separate Dining Room
  • LivingArea: 1062
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Porch Screened
  • Foundation Details: Block
  • Lot Features: Mature Trees, Partial Fencing, Sidewalks, Streetlights
  • OtherStructures: Garage(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Ardmore Elementary School
  • High School: Willowbrook High School
  • Middle/Junior School: Jackson Middle School

Lot Info

  • Lot Size Acres: 0.3
  • Lot Dimensions: 70X187
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 7392
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2023
Closed on
Jan 4, 2024
Sold by
Peter K Maitland Revocable Trust
Bought by
Mcnamara Martin
Seller's Agent
Karen Maitland
L.W. Reedy Real Estate
Buyer's Agent
Tom Fosnot
J.W. Reedy Realty
List Price
$249,900
Sold Price
$250,000
Premium/Discount to List
$100
0.04%
Views
38
Current Estimated Value
$327,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,070
Avg. Annual Appreciation
15.91%

Purchase Details

Closed on
Sep 1, 2020
Sold by
Chicago Title Land Trust Company
Bought by
Maitland Peter K and The Peter K Maitland Revocable Trust
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
Mcnamara Martin $250,000 None Listed On Document
Maitland Peter K -- Chicago Title Land Trust Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2024 01/04/24 Sold $250,000 0.0% $235 / Sq Ft
12/09/2023 12/09/23 Pending -- -- --
12/07/2023 12/07/23 For Sale $249,900 -- $235 / 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 $5,628 $82,457 $44,586 $37,871
2023 $7,605 $105,130 $41,230 $63,900
2022 $7,392 $101,070 $39,640 $61,430
2021 $6,461 $98,550 $38,650 $59,900
2020 $6,921 $96,390 $37,800 $58,590
2019 $6,461 $91,640 $35,940 $55,700
2018 $6,417 $85,890 $33,680 $52,210
2017 $6,262 $81,840 $32,090 $49,750
2016 $6,084 $77,100 $30,230 $46,870
2015 $5,996 $71,820 $28,160 $43,660
2014 $5,690 $68,710 $36,000 $32,710
2013 $5,424 $69,680 $36,510 $33,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11937916

Midwest Real Estate Data (MRED)

APN: 06-10-301-046