NOT LISTED FOR SALE

945 S Madison Ave La Grange, IL 60525

Estimated Value: $449,880 - $510,000

3 Beds
2.5 Baths
1,148 Sq Ft
$417/Sq Ft Est. Value

Last Sold June 16, 2023

Last sale price $371,500 $324 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,246/month

270 Days on Market

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • Laundry Room
  • Spring Avenue Elementary School Rated A
  • 2 Car Attached Garage
  • 1-Story Property

About This Home

As of June 2023

Located in the highly sought after Spring Avenue School district in the heart of LaGrange this ranch on a large corner lot has recently been updated and is move in ready. The home features a large open living room with newer flooring and recently painted interior, the dining room steps up and overlooks the family room which is a great design feature. The kitchen is modern and newer with quartz counters, modern backsplash, SS appliances and 41 inch cabinets. The home has a fireplace in the living room and lower level which is ideal for those chilly winter nights. The interior also features 4 large bedrooms, 2 1/2 baths, 4 seasons room and so much more. Everything in the home is newer, the location can not be beat, from the award winning school district, to the proximity to town and expressway! Homes like this in LaGrange do not come available often and this one will not last long!

Last Agent to Sell the Property

Ryan Smith

RE/MAX Premier License #475150650 Listed on: 08/18/2022

RE/MAX Premier

Last Buyer's Agent

Michael Havey

RE/MAX Premier License #475150365

RE/MAX Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,394

Year Built

  • Built in 1953

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 76x159x76x159

Parking

  • 2 Car Attached Garage
  • Parking Included in Price

Interior Spaces

  • 1-Story Property
  • Family Room Downstairs
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Potential Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement

Schools

  • Spring Ave Elementary School
  • Wm F Gurrie Middle School
  • Lyons Twp High School

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,394

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1953
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 2
  • Room Type: Family Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 1
  • Fireplace Location: Living Room,Basement
  • Total Sq Ft: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • 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
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Spring Ave Elementary School
  • High School: Lyons Twp High School
  • Middle/Junior School: Wm F Gurrie Middle School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.2624
  • Lot Dimensions: 76X159X76X159
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 9394.3
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2022
Closed on
Jun 8, 2023
Sold by
Hof I Grantor Trust
Bought by
945 Madison Llc
Seller's Agent
Ryan Smith
RE/MAX Premier
Buyer's Agent
Michael Havey
RE/MAX Premier
List Price
$389,900
Sold Price
$371,500
Premium/Discount to List
-$18,400
-4.72%
Views
704
Current Estimated Value
$478,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,220
Avg. Annual Appreciation
11.09%

Purchase Details

Closed on
Mar 23, 2022
Sold by
Intercounty Judicial Sales Corporation
Bought by
Hof I Grantor Trust

Purchase Details

Closed on
Mar 14, 2019
Sold by
Georges Basil
Bought by
Quin S Construction Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,600
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 17, 1999
Sold by
Georges Eva
Bought by
Georges Eva and The Eva Georges Trust
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
945 Madison Llc $371,500 None Listed On Document
Hof I Grantor Trust -- Lappe Frederick S
Quin S Construction Corp $322,000 Chicago Title
Georges Eva -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Quin S Construction Corp $390,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2023 06/16/23 Sold $371,500 -4.7% $324 / Sq Ft
05/16/2023 05/16/23 Pending -- -- --
03/08/2023 03/08/23 For Sale $389,900 0.0% $340 / Sq Ft
02/09/2023 02/09/23 Pending -- -- --
11/21/2022 11/21/22 Price Changed $389,900 -2.5% $340 / Sq Ft
09/13/2022 09/13/22 For Sale $399,900 0.0% $348 / Sq Ft
09/12/2022 09/12/22 Pending -- -- --
08/18/2022 08/18/22 For Sale $399,900 0.0% $348 / Sq Ft
10/06/2020 10/06/20 Rented $3,200 0.0% --
10/06/2020 10/06/20 For Rent $3,200 +28.0% --
08/28/2019 08/28/19 Rented $2,500 -10.2% --
08/25/2019 08/25/19 Price Changed $2,785 -4.0% $1 / Sq Ft
08/22/2019 08/22/19 Price Changed $2,900 -17.1% $1 / Sq Ft
08/20/2019 08/20/19 For Rent $3,500 -- --
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 $8,725 $25,880 $11,144 $14,736
2023 $9,783 $36,407 $11,144 $25,263
2022 $9,783 $34,370 $9,716 $24,654
2021 $9,394 $34,369 $9,715 $24,654
2020 $9,102 $34,369 $9,715 $24,654
2019 $8,783 $32,821 $8,858 $23,963
2018 $8,673 $32,821 $8,858 $23,963
2017 $1,205 $32,821 $8,858 $23,963
2016 $1,971 $24,705 $7,715 $16,990
2015 $2,040 $24,705 $7,715 $16,990
2014 $1,957 $24,705 $7,715 $16,990
2013 $1,944 $30,800 $7,715 $23,085
Source: Public Records

Agents Affiliated with this Home

  • Ryan Smith

    Seller's Agent in 2023

    Ryan Smith

    RE/MAX Premier

    (312) 810-9680

    4 in this area

    792 Total Sales

    Ryan Smith
    Section Image
  • Michael Havey

    Buyer's Agent in 2023

    Michael Havey

    RE/MAX Premier

    (708) 670-2268

    1 in this area

    164 Total Sales

    Michael Havey
    Section Image
  • Steve Jasinski

    Seller's Agent in 2020

    Steve Jasinski

    Berkshire Hathaway HomeServices Chicago

    (708) 601-2638

    11 in this area

    364 Total Sales

    Steve Jasinski
    Section Image
  • Shea Rousselle

    Seller's Agent in 2019

    Shea Rousselle

    Kale Realty

    (312) 919-7912

    3 Total Sales

    Shea Rousselle
    Section Image
  • David Kosir

    Buyer's Agent in 2019

    David Kosir

    Exit Real Estate Partners

    (630) 967-0400

    57 Total Sales

    David Kosir
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11607989

Midwest Real Estate Data (MRED)

APN: 18-09-307-011-0000

Illinois Cook County La Grange 60525

945 S Madison Ave, La Grange, IL

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