NOT LISTED FOR SALE

6555 Albert St Morton Grove, IL 60053

Estimated Value: $853,000 - $871,299

5 Beds
5 Baths
5,385 Sq Ft
$159/Sq Ft Est. Value

Last Sold July 14, 2015

Last sale price $499,900 $93 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $6,114/month

25 Days on Market

Highlights

  • Lake Front
  • Above Ground Pool
  • Recreation Room
  • Hynes Elementary School Rated A
  • Pond
  • 2-minute walk to Jacobs Park

About This Home

As of July 2015

Look no further, you have found your paradise close to the city! Located in THE most desirable area of MG on a cul de sac w gorgeous views of willow trees & water, what more can one ask for? Amazing lot size of over 21000 sq ft, this grand estate has plenty of space for large families! With the new massive price reduction, now is the time to secure this amazing property and make it your own. Call today to view.

Last Agent to Sell the Property

Meghan O'Keefe

Dream Town Real Estate License #475142839 Listed on: 04/03/2015

Dream Town Real Estate

Last Buyer's Agent

Young Kang

Partners 4U Realty Inc License #475137843

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,593

Year Built

  • 1979

Lot Details

  • Lake Front
  • Cul-De-Sac
  • Fenced Yard
  • Irregular Lot
  • Legal Non-Conforming

Parking

  • Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Circular Driveway
  • Side Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Tri-Level Property
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Cedar

Interior Spaces

  • Skylights
  • Includes Fireplace Accessories
  • Attached Fireplace Door
  • Gas Log Fireplace
  • Recreation Room
  • Lower Floor Utility Room
  • Water Views
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • English Basement
  • Finished Basement Bathroom

Outdoor Features

  • Above Ground Pool
  • Pond
  • Patio

Location

  • Property is near a bus stop

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,593

Year Built

1979

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
  • Age: 31-40 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.2
  • Style Of House: Tri-Level
  • Type Detached: Split Level
  • Estimated Year Built: 1979
  • Tax Exemptions: Homeowner, Senior
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 1979

Interior Features

  • Interior Property Features: Skylight(s), 1st Floor Laundry
  • Number Of Rooms: 10
  • Living Room: Dimensions: 15X22, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Fireplace Details: Attached Fireplace Doors/Screen, Gas Logs, Gas Starter, Includes Accessories
  • Attic: Unfinished
  • Fireplace Location: Family Room
  • Basement: English
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 16X7, On Level: Main Level, Flooring: Vinyl
  • Dining Room: Dimensions: 13X16, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 20X13, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: 5th Bedroom, Recreation Room, Utility Room-Lower Level
  • Master Bedroom: Dimensions: 18X19, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 12X13, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 14X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Recreation Rm, Dimensions: 40X15, On Level: Lower, Flooring: Vinyl
  • Bedroom 3: Dimensions: 16X16, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 14X14, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 5 Name: Utility Room-Lower Level, Dimensions: 28X17, On Level: Lower
  • Estimated Sq Ft: 5385
  • Dining Room Type: Separate
  • Family Room: Dimensions: 13X22, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick, Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Waterfront: Yes
  • Exterior Property Features: Patio, Pool Above Ground, Storms/Screens
  • Exposure: Lake/Water

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Concrete, Circular, Side Drive
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 219
  • Elementary School: HYNES ELEMENTARY SCHOOL
  • Middle School: GOLF MIDDLE SCHOOL
  • High School: NILES NORTH HIGH SCHOOL
  • Junior High Dist: 67

Lot Info

  • Lot Dimensions: 149 X 147 X 115 X 86 X 78 X 24 X 20
  • Lot Description: Cul-de-sac, Fenced Yard, Irregular, Legal Non-Conforming, Pond, Water View
  • Parcel Identification Number: 10182060510000

Tax Info

  • Taxes: 16421

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2019
Sold by
Lam Suhyun and Lam Christopher
Bought by
Lam Suhyun and Lam Christopher
Total Days on Market
25
Current Estimated Value
$857,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,000
Outstanding Balance
$236,460
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$621,365

Purchase Details

Closed on
Jul 14, 2017
Sold by
Shin Cathy Chihyon
Bought by
Shin Cathy Chihyon and Lam Suhyun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 3, 2015
Closed on
Jul 14, 2015
Sold by
Wallenberg Gerald L and Wallenberg Patricia B
Bought by
Shin Cathy Chihyon
Seller's Agent
Meghan O'Keefe
Dream Town Real Estate
Buyer's Agent
Young Kang
Partners 4U Realty Inc
List Price
$549,900
Sold Price
$499,900
Premium/Discount to List
-$50,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.61%
Original Mortgage
$380,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2008
Sold by
North Star Trust Co
Bought by
Wallenberg Gerald L and Wallenberg Patricia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 26, 2004
Sold by
Wallenberg Gerald L and Wallenberg Patricia B
Bought by
Lakeside Bank and Trust #10-1442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 7, 2004
Sold by
Wallenberg Patricia B
Bought by
Wallenberg Patricia B and Wallenberg Gerald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 5, 2004
Sold by
Lakeside Bank
Bought by
Wallenberg Patricia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 13, 2000
Sold by
Molay Michael C and Molay Margot S
Bought by
Lakeside Bank and Trust #10-1442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
7.25%
Source: Public Records

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Range of Values:

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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
Lam Suhyun -- Fidelity National Title
Shin Cathy Chihyon -- None Available
Shin Cathy Chihyon $500,000 Ctt
Wallenberg Gerald L -- None Available
Lakeside Bank -- --
Wallenberg Patricia B -- --
Wallenberg Patricia B -- --
Lakeside Bank $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lam Suhyun $353,000
Closed Shin Cathy Chihyon $375,000
Closed Shin Cathy Chihyon $380,000
Previous Owner Wallenberg Gerald L $560,000
Previous Owner Lakeside Bank $70,000
Previous Owner Wallenberg Patricia B $556,000
Previous Owner Lakeside Bank $230,000
Previous Owner Lakeside Bank $377,000
Previous Owner Lakeside Bank & Trust #10-1442 $100,000
Previous Owner Lakeside Bank $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2015 07/14/15 Sold $499,900 0.0% $93 / Sq Ft
04/28/2015 04/28/15 Pending -- -- --
04/27/2015 04/27/15 Price Changed $499,900 -9.1% $93 / Sq Ft
04/03/2015 04/03/15 For Sale $549,900 -- $102 / 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 $15,593 $60,000 $29,847 $30,153
2023 $15,593 $60,000 $29,847 $30,153
2022 $15,593 $60,000 $29,847 $30,153
2021 $14,861 $50,184 $21,319 $28,865
2020 $14,594 $50,184 $21,319 $28,865
2019 $14,567 $55,761 $21,319 $34,442
2018 $14,543 $50,000 $18,654 $31,346
2017 $14,597 $50,000 $18,654 $31,346
2016 $13,806 $50,000 $18,654 $31,346
2015 $16,330 $53,942 $15,989 $37,953
2014 $17,301 $58,267 $15,989 $42,278
2013 $15,688 $58,267 $15,989 $42,278
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08880510

Midwest Real Estate Data (MRED)

APN: 10-18-206-051-0000