NOT LISTED FOR SALE

720 Maple Ave Unit M Downers Grove, IL 60515

Estimated Value: $164,000 - $253,000

1 Bed
1 Bath
754 Sq Ft
0.65 Acres

Last Sold January 29, 2016

Last sale price $60,000 $80 Per Sq Ft

Est. 250% increase in value since last sale

Current estimated payment $1,297/month

Highlights

  • Lock-and-Leave Community
  • L-Shaped Dining Room
  • Living Room
  • Whittier Elementary School Rated A-
  • Intercom
  • Laundry Room

About This Home

As of May 2023

PRIME LOCATION NESTLED BETWEEN PRIVATE HOMES IN THE HISTORICAL DISTRICT...WALK TO TRAIN, RESTAURANTS, SHOPPING, LIBRARY, THEATER, FARMERS MARKET, CONCERTS & ALL THAT BEAUTIFUL DOWNERS GROVE HAS TO OFFER! REHABBED 2nd floor unit WITH UPDATED KITCHEN, NEWER APPLIANCES, CERAMIC FLOOR, TASTEFUL CERAMIC BACKSPLASH. GORGEOUS WOOD LAMINATE FLOORING, DINING ROOM LEADS TO PRIVATE BALCONY, BEDROOM HAS CEILING FAN WITH LIGHT, AIR CIRCULATING FAN IN THE WALL BETWEEN BR & LR and LARGE WALK IN CLOSET W/ CALIFORNIA ORGANIZERS (GREAT OFFICE SPACE)! UPDATED BATHROOM & NEWER WINDOWS THROUGHOUT! THIS ADORABLE UNIT is FRESHLY PAINTED & MOVE IN READY with a newly carpeted balcony & new air conditioner! Lots of closet space in the unit plus an extra STORAGE closet, ONE RESERVED PARKING SPACE. BONUS COIN LAUNDRY is JUST OUTSIDE OF UNIT! BIKE RACK AVAILABLE $10/MO. TENANT ONLY PAYS ELECTRIC WHICH AVERAGES $60/month. This awesome Landlord is looking for Excellent credit, good work history. This is Smoke Free Housing & doesn't allow pets! Renters Insurance Required. Submit application, 2 months pay stubs with YTD income for review. Agent will be notified if we will proceed to have the CREDIT/BACKGROUND CHECK completed at applicant's expense (REQUIRED FOR ALL 18+ YRS). This is a 2nd floor unit with stairs! NO SHORT TERM RENTALS - 2 YR LEASE IS WELCOMED!

Last Agent to Rent the Property

Diane Coyle

Platinum Partners Realtors License #471005708 Listed on: 04/20/2023

Platinum Partners Realtors

Co-Listed By

Nancy Thornton

Platinum Partners Realtors License #475180740

Last Renter's Agent

Molly Olsen

Avenue 1 Realty Group Inc

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1970 | Remodeled in 2016

Lot Details

  • 0.65

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 754 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room
  • Living Room
  • L-Shaped Dining Room
  • Storage
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Parking Included in Price
  • Assigned Parking

Schools

  • Whittier Elementary School
  • Herrick Middle School
  • North High School

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Heating Available
  • Lake Michigan Water

Listing and Financial Details

  • Security Deposit $1,450
  • Property Available on 4/20/23
  • Rent includes water, parking, scavenger, exterior maintenance, lawn care, storage lockers, snow removal
  • 12 Month Lease Term

Community Details

Overview

  • 15 Units
  • Maplewood Condominiums Subdivision
  • Lock-and-Leave Community

Amenities

  • Coin Laundry
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Year Built

Built in 1970 | Remodeled in 2016

Lot Details

0

Rental Info

  • Available Date: 2023-04-20
  • Lease Term: 12 Months
  • Board Number: 10
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Attached
  • Rental Price: 1450
  • Security Deposit: 1450
  • Is Parking Included in Price: Yes

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • Property Sub-Type: Attached
  • Subdivision Name: Maplewood Condominiums
  • Year Built: 1970
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2016
  • Actual Status: Rented
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Renovated: 2016

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Furnished: No
  • Interior Amenities: Wood Laminate Floors, Second Floor Laundry, Storage
  • LivingArea: 754
  • Other Equipment: Intercom, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Dining Room: L-shaped
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Heating: Electric
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Amenities: Bike Room/Bike Trails, Coin Laundry, Storage, Security Door Lock(s)
  • Rent Includes: Water, Parking, Scavenger, Exterior Maintenance, Lawn Care, Storage Lockers, Snow Removal

Schools

  • Elementary School: Whittier Elementary School
  • High School: North High School
  • Middle/Junior School: Herrick Middle School

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2021
Closed on
May 27, 2021
Sold by
Chicago Title Land Trust Company
Bought by
Chicago Title Land Trust Company and Trust Number 8002386052
Seller's Agent
Diane Coyle
Platinum Partners Realtors
Buyer's Agent
Diane Coyle
Platinum Partners Realtors
Sold Price
$1,295
Current Estimated Value
$209,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,529

Purchase Details

Closed on
Aug 5, 2016
Sold by
Simovits Kathleen I and Simovits Stephen S
Bought by
Chicago Title Land Trust Company and Trust #10679

Purchase Details

Listed on
Oct 1, 2015
Closed on
Jan 29, 2016
Sold by
Kalynka Lucie
Bought by
Simovits Stephen and Simovits Kathleen I
Seller's Agent
Judy Deady
RE/MAX Enterprises
Buyer's Agent
Exclusive Agency
NON MEMBER
List Price
$77,000
Sold Price
$60,000
Premium/Discount to List
-$17,000
-22.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.34%
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
Chicago Title Land Trust Company -- Chicago Title
Chicago Title Land Trust Company -- Chicago Title Land Trust Co
Simovits Stephen $60,000 Git
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/19/2023 05/19/23 Rented $1,450 0.0% --
05/18/2023 05/18/23 Under Contract -- -- --
05/15/2023 05/15/23 Price Changed $1,450 -6.5% $2 / Sq Ft
04/20/2023 04/20/23 For Rent $1,550 +6.9% --
09/01/2022 09/01/22 Rented $1,450 -6.5% --
07/12/2022 07/12/22 For Rent $1,550 +19.7% --
06/24/2021 06/24/21 Rented -- -- --
06/01/2021 06/01/21 For Rent $1,295 +17.7% --
01/22/2017 01/22/17 Rented $1,100 -4.3% --
01/11/2017 01/11/17 Under Contract -- -- --
12/07/2016 12/07/16 For Rent $1,150 0.0% --
01/29/2016 01/29/16 Sold $60,000 -22.1% $80 / Sq Ft View Prior Sale
01/11/2016 01/11/16 Pending -- -- --
10/01/2015 10/01/15 For Sale $77,000 -- $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 $2,492 $43,523 $10,715 $32,808
2023 $2,378 $40,010 $9,850 $30,160
2022 $1,882 $31,970 $7,870 $24,100
2021 $1,762 $31,610 $7,780 $23,830
2020 $1,731 $30,990 $7,630 $23,360
2019 $1,679 $29,730 $7,320 $22,410
2018 $1,699 $29,730 $7,320 $22,410
2017 $1,440 $31,000 $7,040 $23,960
2016 $1,342 $33,620 $6,720 $26,900
2015 $881 $31,630 $6,320 $25,310
2014 $908 $38,430 $7,670 $30,760
2013 $894 $38,250 $7,630 $30,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11763838

Midwest Real Estate Data (MRED)

APN: 09-08-419-013