NOT LISTED FOR SALE

8978 Chestnut Ave River Grove, IL 60171

Estimated Value: $267,000 - $394,000

3 Beds
2 Baths
884 Sq Ft
$376/Sq Ft Est. Value

Last Sold October 18, 2019

Last sale price $100,000 $113 Per Sq Ft

Est. 232% increase in value since last sale

Current estimated payment $2,220/month

About This Home

As of October 2019

Attention rehabbers and developers! Great opportunity!! PRICED TO SELLL! Will entertain all offers!Cash only! Property to be sold in "AS IS" Condition. Buyer must be responsible for any River Grove Code requirements.

Last Agent to Sell the Property

Debra Kaden

@properties Christie's International Real Estate License #475122686 Listed on: 10/01/2019

@properties Christie's International Real Estate

Last Buyer's Agent

Jeff Kudukis

HomeSmart Realty Group License #471015471

HomeSmart Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,497

Year Built

  • 1894

Lot Details

  • 4,792

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Aluminum Siding
  • Steel Siding
  • Vinyl Siding

Additional Features

  • Primary Bathroom is a Full Bathroom
  • Basement Fills Entire Space Under The House

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,497

Year Built

1894

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 100+ Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Type Detached: 2 Stories
  • Estimated Year Built: 1894
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1894

Interior Features

  • Number Of Rooms: 7
  • Living Room: Dimensions: 1X1, On Level: Main Level
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 1X1, On Level: Basement
  • Dining Room: Dimensions: 1X1, On Level: Main Level
  • Kitchen Type: Dimensions: 1X1, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 1X1, On Level: 2nd Level
  • Bedroom 2: Dimensions: 1X1, On Level: 2nd Level
  • Bedroom 3: Dimensions: 1X1, On Level: Main Level
  • Family Room: Dimensions: 1X1, On Level: Main Level

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding, Vinyl Siding, Steel Siding
  • Acreage: 0.1105

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Water: Public
  • Sewer: Sewer-Public

Schools

  • School District: 212
  • Elementary School: River Grove Elementary School
  • Middle School: River Grove Elementary School
  • High School: East Leyden High School
  • Junior High Dist: 85.5

Lot Info

  • Lot Dimensions: 41.93X 87.85
  • Parcel Identification Number: 12272170620000

Tax Info

  • Taxes: 5526

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2019
Closed on
Oct 15, 2019
Sold by
Stamper Keith and Stamper Laura A
Bought by
Karma Shantanu
Seller's Agent
Debra Kaden
@properties Christie's International Real Estate
Buyer's Agent
Jeff Kudukis
HomeSmart Realty Group
List Price
$75,000
Sold Price
$100,000
Premium/Discount to List
$25,000
33.33%
Current Estimated Value
$332,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,403
Avg. Annual Appreciation
22.38%
Original Mortgage
$156,000
Interest Rate
3.5%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 12, 2005
Sold by
Lasalle Bank Na
Bought by
Stamper Keith and Stamper Laura A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,600
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 2, 1998
Sold by
Warfield Olga M
Bought by
Lasalle National Bank and Trust #122157

Purchase Details

Closed on
May 19, 1994
Sold by
Warfield Scott
Bought by
Warfield Norman T and Warfield Olga M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Karma Shantanu $100,000 Chicago Title
Stamper Keith $282,000 Ticor
Lasalle National Bank -- --
Warfield Norman T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karma Shantanu $156,000
Previous Owner Stamper Keith $225,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2019 10/18/19 Sold $100,000 +33.3% $113 / Sq Ft
10/01/2019 10/01/19 Pending -- -- --
10/01/2019 10/01/19 For Sale $75,000 -- $85 / 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 $5,497 $17,000 $5,054 $11,946
2023 $5,389 $17,000 $5,054 $11,946
2022 $5,389 $17,000 $5,054 $11,946
2021 $5,678 $15,101 $3,609 $11,492
2020 $5,739 $16,067 $3,609 $12,458
2019 $4,630 $18,196 $3,609 $14,587
2018 $4,401 $16,123 $3,128 $12,995
2017 $5,526 $16,123 $3,128 $12,995
2016 $4,894 $16,123 $3,128 $12,995
2015 $4,866 $15,042 $2,767 $12,275
2014 $4,820 $15,042 $2,767 $12,275
2013 $4,625 $15,042 $2,767 $12,275
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10535006

Midwest Real Estate Data (MRED)

APN: 12-27-217-062-0000