NOT LISTED FOR SALE

7027 40th St Berwyn, IL 60402

Estimated Value: $278,000 - $377,000

2 Beds
2 Baths
704 Sq Ft
$463/Sq Ft Est. Value

Last Sold May 24, 2024

Last sale price $325,000 $462 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,123/month

5 Days on Market

Highlights

  • Fenced Yard
  • Bungalow
  • Forced Air Heating and Cooling System
  • 2 Car Detached Garage
  • 1-Story Property
  • Humidifier

About This Home

As of May 2024

Welcome to this beautifully renovated bungalow located in the convenient and friendly neighborhood of Stickney. This home boasts exceptional curb appeal and a pristine and welcoming atmosphere as soon as you step inside. The heart of the home is the renovated eat-in kitchen, featuring new stainless-steel appliances, classic subway tile backsplash, recessed LED lighting, and modern floating shelves. This space is perfect for culinary creations and casual meals alike. The home offers two good-sized bedrooms, one of which includes a custom closet organizer and stylish sliding barn doors, adding both functionality and a touch of rustic elegance. You'll find a beautifully updated bathroom on the first floor, and a new additional bathroom in the basement equipped with a walk-in shower, providing convenience and style. The full basement offers a wealth of potential, ready for your personal touch to transform it into extra living space or storage. Outside, the large fenced yard is an ideal setting for relaxation and outdoor gatherings, while the detached garage provides convenient parking and additional storage options. This turnkey property is ready for you to make it your own, blending modern updates with classic comforts in a great location just minutes from I-55 and the Metra station, ensuring easy commuting to the city. Explore the possibilities and envision your new beginning in this charming home. Recent improvements include: complete removal of all plaster walls and ceilings, replaced down to the studs; old insulation removed and replaced with R13 insulation for improved energy efficiency; comprehensive electrical upgrade, including a new panel; all plumbing and pipes replaced with new copper piping; installation of new LVT flooring throughout; custom kitchen renovation featuring new cabinets, an island, and butcher block countertops; new exterior doors installed for enhanced security and curb appeal; basement finished with drywall, new windows, and includes a newly added second full bathroom; and more! The location is conveniently within walking distance of grocery stores, restaurants, and shopping. Some photos are virtually staged. Schedule your showing today!

Last Agent to Sell the Property

Rosie Gonzalez

Coldwell Banker Realty License #475127111 Listed on: 04/25/2024

Coldwell Banker Realty

Co-Listed By

Luis Gonzalez

Coldwell Banker Realty License #475134433

Last Buyer's Agent

Mauricio Lopez

eXp Realty License #471020597

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,619

Year Built

  • Built in 1924 | Remodeled in 2024

Lot Details

  • 3,690 Sq Ft Lot
  • Lot Dimensions are 26x124
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Off Alley Driveway
  • Parking Space is Owned

Home Design

  • Bungalow
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 704 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,619

Year Built

Built in 1924 | Remodeled in 2024

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1924
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2024
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2024

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Range Hood
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 704
  • Other Equipment: Humidifier, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Off Alley
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.0847
  • Lot Dimensions: 26X124
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 3619.1
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2024
Closed on
May 23, 2024
Sold by
Padilla Andrea
Bought by
Andrade Antonio Jesus and Diaz Gildardo
Seller's Agent
Rosie Gonzalez
Coldwell Banker Realty
Buyer's Agent
Mauricio Lopez
eXp Realty
List Price
$295,000
Sold Price
$325,000
Premium/Discount to List
$30,000
10.17%
Views
220
Current Estimated Value
$328,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,318
Avg. Annual Appreciation
0.13%
Original Mortgage
$10,000
Interest Rate
7.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 1, 2018
Closed on
Sep 21, 2018
Sold by
Finance Of America Reverse Llc
Bought by
Padilla Andrea
Seller's Agent
Ryan Smith
RE/MAX Premier
Buyer's Agent
Michael Havey
RE/MAX Premier
List Price
$116,000
Sold Price
$125,000
Premium/Discount to List
$9,000
7.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.71%
Original Mortgage
$121,250
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2018
Sold by
Mares Cody R
Bought by
Finance Of America Reverse Llc

Purchase Details

Closed on
May 27, 2016
Sold by
Norbut Nancy A
Bought by
Dus Donald
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Andrade Antonio Jesus $325,000 None Listed On Document
Padilla Andrea $125,000 Attorney
Finance Of America Reverse Llc -- Attorney
Dus Donald -- Mid America Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Andrade Antonio Jesus $10,000
Open Andrade Antonio Jesus $319,113
Previous Owner Padilla Andrea $121,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/24/2024 05/24/24 Sold $325,000 +10.2% $462 / Sq Ft
05/01/2024 05/01/24 Pending -- -- --
04/25/2024 04/25/24 For Sale $295,000 +136.0% $419 / Sq Ft
10/30/2018 10/30/18 Sold $125,000 +7.8% $178 / Sq Ft View Prior Sale
10/22/2018 10/22/18 Pending -- -- --
10/19/2018 10/19/18 For Sale $116,000 0.0% $165 / Sq Ft
08/31/2018 08/31/18 Pending -- -- --
08/24/2018 08/24/18 For Sale $116,000 0.0% $165 / Sq Ft
08/16/2018 08/16/18 Pending -- -- --
08/14/2018 08/14/18 For Sale $116,000 0.0% $165 / Sq Ft
08/03/2018 08/03/18 Pending -- -- --
07/18/2018 07/18/18 For Sale $116,000 0.0% $165 / Sq Ft
06/21/2018 06/21/18 Pending -- -- --
06/14/2018 06/14/18 For Sale $116,000 0.0% $165 / Sq Ft
06/08/2018 06/08/18 Pending -- -- --
06/01/2018 06/01/18 For Sale $116,000 0.0% $165 / Sq Ft
05/07/2018 05/07/18 Pending -- -- --
05/01/2018 05/01/18 For Sale $116,000 -- $165 / 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 $4,896 $18,000 $3,321 $14,679
2024 $4,896 $18,000 $3,321 $14,679
2023 $3,619 $18,000 $3,321 $14,679
2022 $3,619 $12,540 $2,860 $9,680
2021 $3,539 $12,539 $2,859 $9,680
2020 $3,563 $12,539 $2,859 $9,680
2019 $3,421 $11,418 $2,583 $8,835
2018 $4,773 $11,418 $2,583 $8,835
2017 $4,639 $11,418 $2,583 $8,835
2016 $1,213 $10,977 $2,121 $8,856
2015 $1,234 $10,977 $2,121 $8,856
2014 $1,174 $10,977 $2,121 $8,856
2013 $1,111 $12,776 $2,121 $10,655
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12038528

Midwest Real Estate Data (MRED)

APN: 19-06-105-009-0000