NOT LISTED FOR SALE

627 E Prairie Ave Des Plaines, IL 60016

Estimated Value: $386,000 - $441,860

4 Beds
2.5 Baths
1,794 Sq Ft
$232/Sq Ft Est. Value

Last Sold February 27, 2024

Last sale price $335,000 $187 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,947/month

68 Days on Market

Highlights

  • Clubhouse
  • Property is near park
  • Main Floor Bedroom
  • Terrace Elementary School Rated A-
  • Wood Flooring
  • 3-minute walk to West Park

About This Home

As of February 2024

Very spacious historical home in move in condition. Many updates: Recent roof replacement, some new windows on front entrance area; finished hardwood 1st and second level, granite countertop kitchen, maple hardwood flooring kitchen, remodeled 1st floor bathroom; spacious basement with new tile; new electric box and service cable. New back porch. Whole house recently painted. Large yard(double lot).

Last Agent to Sell the Property

Leo Alfaro

Hometown Real Estate Group LLC License #475136513 Listed on: 11/02/2023

Hometown Real Estate Group LLC

Last Buyer's Agent

Maritza Contreras

Compass License #475161331

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,176

Year Built

  • Built in 1924

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 78x172
  • Fenced Yard

Parking

  • 2 Car Detached Garage
  • 3 Open Parking Spaces
  • Side Driveway
  • On-Street Parking
  • Parking Included in Price

Home Design

  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 1,794 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Formal Dining Room
  • Den
  • Play Room
  • Workshop
  • Wood Flooring
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Finished Basement Bathroom

Schools

  • Forest Elementary School
  • Algonquin Middle School
  • Maine West High School

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Radiator
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Enclosed Patio or Porch
  • Property is near park

Community Details

Amenities

  • Clubhouse

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,176

Year Built

Built in 1924

Lot Details

0

Parking

2

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: 1924
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Full Bath, Built-in Features
  • LivingArea: 1794
  • Room Type: Den, Play Room, Workshop, Enclosed Porch
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished,Partially Finished,Exterior Access
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Cedar

Garage/Parking

  • Garage Spaces: 2
  • OpenParkingSpaces: 3
  • Parking Features: Side Apron, Driveway
  • ParkingTotal: 5
  • Driveway: Side Drive
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Heating: Natural Gas, Radiator(s)
  • Laundry Features: In Unit
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Clubhouse, Park, Tennis Court(s), Sidewalks
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Forest Elementary School
  • High School: Maine West High School
  • Middle/Junior School: Algonquin Middle School

Lot Info

  • Lot Size Acres: 0.3689
  • Lot Dimensions: 78X172
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 5176.2
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2023
Closed on
Feb 14, 2024
Sold by
Alfaro Jose M and Alfaro Marta Gladys
Bought by
Lorenzo Pedro E Abad and Lorenzo Luis Abad
Seller's Agent
Leo Alfaro
Hometown Real Estate Group LLC
Buyer's Agent
Maritza Contreras
Compass
List Price
$370,000
Sold Price
$335,000
Premium/Discount to List
-$35,000
-9.46%
Views
367
Current Estimated Value
$416,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,465
Avg. Annual Appreciation
12.56%
Original Mortgage
$328,932
Outstanding Balance
$323,194
Interest Rate
7.5%
Mortgage Type
FHA
Estimated Equity
$93,271

Purchase Details

Listed on
Sep 4, 2020
Closed on
Oct 5, 2020
Sold by
Chicago Title Land Trust Company
Bought by
Alfaro Jose M
Seller's Agent
David Rigney
Master Partners Realty
Buyer's Agent
Leo Alfaro
Hometown Real Estate Group LLC
List Price
$229,000
Sold Price
$175,000
Premium/Discount to List
-$54,000
-23.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.11%

Purchase Details

Closed on
May 10, 1996
Sold by
Karpin Ann V
Bought by
Cole Taylor Bank
Source: Public Records
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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
Lorenzo Pedro E Abad $335,000 First American Title
Alfaro Jose M $175,000 Greater Illinois Title
Cole Taylor Bank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lorenzo Pedro E Abad $328,932
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/27/2024 02/27/24 Sold $335,000 -1.5% $187 / Sq Ft
01/10/2024 01/10/24 Pending -- -- --
12/12/2023 12/12/23 Price Changed $340,000 -2.9% $190 / Sq Ft
11/29/2023 11/29/23 Price Changed $350,000 -2.8% $195 / Sq Ft
11/13/2023 11/13/23 Price Changed $360,000 -2.7% $201 / Sq Ft
11/02/2023 11/02/23 For Sale $370,000 0.0% $206 / Sq Ft
11/01/2022 11/01/22 Rented $2,700 0.0% --
10/10/2022 10/10/22 For Rent $2,700 0.0% --
10/09/2020 10/09/20 Sold $175,000 -23.6% $98 / Sq Ft View Prior Sale
09/19/2020 09/19/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $229,000 -- $128 / 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
2025 $9,228 $42,000 $14,461 $27,539
2024 $9,228 $35,000 $12,051 $22,949
2023 $9,006 $35,000 $12,051 $22,949
2022 $9,006 $35,000 $12,051 $22,949
2021 $9,411 $30,617 $9,640 $20,977
2020 $8,315 $30,617 $9,640 $20,977
2019 $8,232 $34,019 $9,640 $24,379
2018 $7,096 $27,162 $8,435 $18,727
2017 $6,988 $27,162 $8,435 $18,727
2016 $6,854 $27,162 $8,435 $18,727
2015 $7,112 $26,147 $7,230 $18,917
2014 $6,978 $26,147 $7,230 $18,917
2013 $6,786 $26,147 $7,230 $18,917
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11922291

Midwest Real Estate Data (MRED)

APN: 09-18-409-026-0000