NOT LISTED FOR SALE

575 W 3rd St Elmhurst, IL 60126

Estimated Value: $287,000 - $1,559,000

0.15 Acre
$6,080,000 Price per Acre
6,534 Sq Ft Lot

Last Sold April 21, 2023

Last sale price $237,500

Est. 284% increase in value since last sale

Current estimated payment $5,226/month

48 Days on Market

About This Lot

As of April 2023

Buy the land and build your dream home OR have the developer build it for you! No demolition expenses because the developer already took care of it for you! This lot is walking distance to the recently renovated Salt Creek Park. Close proximity to Elmhurst's vibrant downtown with shopping, restaurants, theatres, libation establishments, a plethora of service type businesses like clothing, jewelry, nail and hair salons, workout facilities, yoga studios, Elmhurst University, Elmhurst Hospital, etc... All this while located in one of the best school districts. If interested, Developer already has plans for a home. Modern Prairie style new construction 3300 sq. ft. home located in Elmhurst. Home features 4 bedrooms | 3.1 bathrooms, full unfinished basement & a 2 car attached garage.

Last Listed By

Vickie Soupos

Fulton Grace Realty License #475125581 Listed on: 02/23/2023

Fulton Grace Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,701

Year Built

  • 1935

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 56 x 126

Parking

  • Driveway

Unfinished Basement

  • Rough-In Basement Bathroom

Schools

  • Hawthorne Elementary School
  • Sandburg Middle School
  • York Community High School

Utilities

  • Electricity To Lot Line
  • Gas Available

Community Details

  • Graue Woods Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$1,701

Year Built

1935

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Single Family
  • Road Surface Type: Asphalt
  • Subdivision Name: Graue Woods
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1935

Interior Features

  • Basement Description: Unfinished,Bathroom Rough-In
  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 56
  • Frontage Type: City Street
  • List Price: 259900
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0
  • Driveway: Asphalt

Utilities

  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Water to Site

Schools

  • Elementary School: Hawthorne Elementary School
  • High School: York Community High School
  • Middle/Junior School: Sandburg Middle School
  • Middle/Junior School District: 205

Lot Info

  • Lot Size Acres: 0.15
  • Lot Dimensions: 56 X 126
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 1701.4
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2025
Sold by
365 Shady Lane Llc
Bought by
Patel Keya and Patel Ricky
Total Days on Market
48
Current Estimated Value
$912,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,064,000
Outstanding Balance
$1,063,084
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
-$151,084

Purchase Details

Closed on
Feb 14, 2023
Sold by
Vlahos Jim
Bought by
365 Shady Lane Llc

Purchase Details

Closed on
May 13, 2009
Sold by
Citimortgage Inc
Bought by
Vlahos Jim

Purchase Details

Closed on
Oct 21, 2008
Sold by
Anderson Bill F and Case #08 Ch 1214
Bought by
Citimortgage Inc

Purchase Details

Closed on
Aug 4, 2006
Sold by
Innovesters Llc Homebuilders Series
Bought by
Anderson Bill F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2006
Sold by
Goetz Ronald G
Bought by
Innovesters Llc Homebuilders Series

Purchase Details

Closed on
Sep 18, 2003
Sold by
Goetz Ronald G and Goetz Harriet F
Bought by
Goetz Ronald G

Purchase Details

Closed on
Jun 20, 2000
Sold by
Lonero William R and Lonero Diane E
Bought by
Goetz Ronald G and Goetz Harriet F

Purchase Details

Closed on
Mar 3, 1995
Sold by
Lonero William R
Bought by
Lonero William R and Lonero Diane E

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Patel Keya $1,330,000 Old Republic Title
365 Shady Lane Llc $237,500 Chicago Title
Vlahos Jim $145,000 First American Title
Citimortgage Inc -- None Available
Anderson Bill F $295,000 First American Title Ins Co
Innovesters Llc Homebuilders Series $235,000 Ctic
Goetz Ronald G -- --
Goetz Ronald G $130,000 --
Lonero William R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Keya $1,064,000
Previous Owner Anderson Bill F $236,000
Previous Owner Anderson Bill F $44,250
Previous Owner Goetz Ronald G $75,000
Previous Owner Lonero William R $9,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2023 04/21/23 Sold $237,500 -8.6% --
04/14/2023 04/14/23 Price Changed $259,900 0.0% --
04/13/2023 04/13/23 Pending -- -- --
02/23/2023 02/23/23 For Sale $259,900 -- --
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
2023 $2,042 $33,640 $29,910 $3,730
2022 $1,743 $28,750 $28,750 $0
2021 $1,701 $28,030 $28,030 $0
2020 $2,759 $52,200 $27,420 $24,780
2019 $3,532 $63,340 $26,070 $37,270
2018 $3,824 $67,730 $24,690 $43,040
2017 $3,730 $64,540 $23,530 $41,010
2016 $3,638 $60,800 $22,170 $38,630
2015 $3,584 $56,640 $20,650 $35,990
2014 $3,980 $57,650 $18,830 $38,820
2013 $3,941 $58,460 $19,090 $39,370
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11724392

Midwest Real Estate Data (MRED)

APN: 06-03-204-013