540 Illinois Rd Wilmette, IL 60091
Estimated Value: $1,240,000 - $1,429,000
4
Beds
4
Baths
2,744
Sq Ft
$487/Sq Ft
Est. Value
About This Home
This home is located at 540 Illinois Rd, Wilmette, IL 60091 and is currently estimated at $1,337,056, approximately $487 per square foot. 540 Illinois Rd is a home located in Cook County with nearby schools including Romona Elementary School, Highcrest Middle School, and Wilmette Junior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 26, 2012
Sold by
Myers Mark A and Myers Nancy W
Bought by
Heitner Maximillian E and Heitner Kristine I
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,000
Outstanding Balance
$389,403
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$947,653
Purchase Details
Closed on
Oct 17, 2005
Sold by
Bell James A and Bell Lynda
Bought by
Myers Mark A and Myers Nancy W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,500
Interest Rate
5.8%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Aug 20, 2002
Sold by
Bell James A
Bought by
Bell James A and Bell Lynda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
5.87%
Purchase Details
Closed on
Nov 30, 2001
Sold by
Schmidt & Associates Construction Inc
Bought by
Bell James A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,500
Interest Rate
6.68%
Purchase Details
Closed on
Oct 25, 2000
Sold by
Chicago Title Land Trust Company
Bought by
Schmidt & Associates Construction Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,000
Interest Rate
7.91%
Mortgage Type
Construction
Purchase Details
Closed on
May 9, 1996
Sold by
Knapp Caroline and Knapp John Peter
Bought by
Chicago Title & Trust Company
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Heitner Maximillian E | $710,000 | Cti | |
| Myers Mark A | $935,000 | -- | |
| Bell James A | -- | Midwest Land Title Co Inc | |
| Bell James A | $749,000 | Chicago Title Insurance Co | |
| Schmidt & Associates Construction Inc | $235,000 | -- | |
| Chicago Title & Trust Company | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Heitner Maximillian E | $572,000 | |
| Previous Owner | Myers Mark A | $93,500 | |
| Previous Owner | Myers Mark A | $748,000 | |
| Previous Owner | Bell James A | $525,000 | |
| Previous Owner | Bell James A | $354,500 | |
| Previous Owner | Schmidt & Associates Construction Inc | $533,000 |
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 |
|---|---|---|---|---|
| 2025 | $18,764 | $118,000 | $13,545 | $104,455 |
| 2024 | $18,764 | $86,008 | $11,288 | $74,720 |
| 2023 | $17,737 | $86,008 | $11,288 | $74,720 |
| 2022 | $17,737 | $86,008 | $11,288 | $74,720 |
| 2021 | $13,360 | $54,755 | $8,062 | $46,693 |
| 2020 | $13,200 | $54,755 | $8,062 | $46,693 |
| 2019 | $12,944 | $60,171 | $8,062 | $52,109 |
| 2018 | $14,216 | $63,189 | $6,772 | $56,417 |
| 2017 | $13,837 | $63,189 | $6,772 | $56,417 |
| 2016 | $14,278 | $68,183 | $6,772 | $61,411 |
| 2015 | $14,053 | $59,233 | $5,643 | $53,590 |
| 2014 | $13,843 | $59,233 | $5,643 | $53,590 |
| 2013 | $15,973 | $71,095 | $5,643 | $65,452 |
Source: Public Records
Map
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