7 W Chicago Ave Downers Grove, IL 60515
North Westmont NeighborhoodEstimated Value: $1,009,000 - $1,395,000
--
Bed
--
Bath
3,483
Sq Ft
$334/Sq Ft
Est. Value
About This Home
This home is located at 7 W Chicago Ave, Downers Grove, IL 60515 and is currently estimated at $1,163,410, approximately $334 per square foot. 7 W Chicago Ave is a home located in DuPage County with nearby schools including C E Miller Elementary School, J T Manning Elementary School, and Westmont Jr High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 13, 2018
Sold by
Teng Philip and Teng Analese
Bought by
Teng Philip
Current Estimated Value
Purchase Details
Closed on
Aug 26, 2013
Sold by
Teng Suzanne C and Teng Philip M
Bought by
Teng Philip M and Teng Analese
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$662,000
Outstanding Balance
$486,081
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$677,329
Purchase Details
Closed on
Jun 26, 2003
Sold by
Salman Christopher F and Nicholson Michael
Bought by
Teng Phillip M and Teng Suzanne C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$518,400
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 6, 1999
Sold by
Salman Christopher F
Bought by
Salman Christopher F and Nicholson Michael
Purchase Details
Closed on
Sep 30, 1999
Sold by
Pearson James E
Bought by
Salman Christopher F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,200
Interest Rate
8.87%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Teng Philip | -- | None Available | |
| Teng Philip M | -- | Carrington Title Partners Ll | |
| Teng Phillip M | $648,000 | Law Title Insurance Company | |
| Salman Christopher F | -- | -- | |
| Salman Christopher F | $128,000 | Ticor Title Insurance Compan |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Teng Philip M | $662,000 | |
| Closed | Teng Phillip M | $518,400 | |
| Previous Owner | Salman Christopher F | $115,200 |
Source: Public Records
Tax History Compared to Growth
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 | $17,584 | $311,328 | $61,613 | $249,715 |
| 2023 | $16,759 | $286,200 | $56,640 | $229,560 |
| 2022 | $16,073 | $274,940 | $54,420 | $220,520 |
| 2021 | $15,056 | $271,810 | $53,800 | $218,010 |
| 2020 | $14,777 | $266,420 | $52,730 | $213,690 |
| 2019 | $14,316 | $255,630 | $50,590 | $205,040 |
| 2018 | $14,046 | $247,820 | $50,260 | $197,560 |
| 2017 | $13,596 | $238,470 | $48,360 | $190,110 |
| 2016 | $13,342 | $227,590 | $46,150 | $181,440 |
| 2015 | $13,198 | $214,120 | $43,420 | $170,700 |
| 2014 | $12,387 | $195,900 | $42,220 | $153,680 |
| 2013 | $12,123 | $194,980 | $42,020 | $152,960 |
Source: Public Records
Map
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