NOT LISTED FOR SALE

Downers Grove, IL 60515

Estimated Value: $362,000 - $449,213

3 Beds
1 Bath
8,250 Sq Ft
$50/Sq Ft Est. Value

Last Sold October 31, 2024

Last sale price $370,000 $45 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,784/month

6 Days on Market

Highlights

  • Waterfront
  • 1 Car Detached Garage
  • Laundry Room
  • Lester Elementary School Rated A-
  • Living Room
  • 4-minute walk to Washington Park

About This Home

As of October 2024

Prime tear down or rehab project on an oversized 50 x 165 lot in HOT Downers Grove. This rapidly developing area is surrounded by new construction, making it perfect for builders or investors looking to capitalize on the neighborhood's growth. Gas, water, and electric are already onsite. Downers Grove is a highly sought-after suburb due to its convenient location, top rated schools, charming downtown, and community-focused atmosphere. Its blend of historical charm, new construction, family-friendly amenities, and close proximity to Chicago make it an appealing place to live, invest, or visit. If you're looking for a place that balances suburban calm with vibrant local culture and easy access to a major city, Downers Grove is a great option! Don't miss this chance to create something amazing!

Last Agent to Sell the Property

Malwina Smosna

Chicagoland Brokers, Inc. License #475190254 Listed on: 10/16/2024

Chicagoland Brokers, Inc.

Last Buyer's Agent

Jeff Salhani

REMAX Legends License #471020610

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,730

Year Built

  • Built in 1922

Lot Details

  • Lot Dimensions are 50 x 165
  • Waterfront

Parking

  • 1 Car Detached Garage

Home Design

  • Aluminum Siding

Interior Spaces

  • 8,250 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,730

Year Built

Built in 1922

Lot Details

8,276 Sq Ft Lot

Parking

1

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: 1922
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • LivingArea: 8250
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • Waterfront: Yes
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: 50 X 165
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 6730
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2024
Closed on
Oct 30, 2024
Sold by
Nowak Holds Llc
Bought by
Ancient City Contracting Llc
Seller's Agent
Malwina Smosna
Chicagoland Brokers, Inc.
Buyer's Agent
Jeff Salhani
REMAX Legends
List Price
$349,700
Sold Price
$370,000
Premium/Discount to List
$20,300
5.8%
Views
41
Current Estimated Value
$410,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,303
Avg. Annual Appreciation
7.78%
Original Mortgage
$285,000
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2024
Sold by
Scofield Gary L and Scofield Dennis C
Bought by
Nowak Holds Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2024
Sold by
Scofield Gary L and Scofield Dennis C
Bought by
Scofield Gary L and Scofield Dennis C
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
Ancient City Contracting Llc $370,000 None Listed On Document
Nowak Holds Llc $285,000 None Listed On Document
Scofield Gary L -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nowak Holds Llc $285,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2024 10/31/24 Sold $370,000 +5.8% $45 / Sq Ft
10/22/2024 10/22/24 Pending -- -- --
10/16/2024 10/16/24 For Sale $349,700 -- $42 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $7,091 $131,863 $64,180 $67,683
2023 $6,730 $121,220 $59,000 $62,220
2022 $6,402 $114,780 $55,870 $58,910
2021 $5,991 $113,470 $55,230 $58,240
2020 $5,879 $111,230 $54,140 $57,090
2019 $5,689 $106,730 $51,950 $54,780
2018 $5,410 $100,660 $51,670 $48,990
2017 $5,235 $96,860 $49,720 $47,140
2016 $5,126 $92,440 $47,450 $44,990
2015 $5,064 $86,970 $44,640 $42,330
2014 $4,659 $78,280 $39,450 $38,830
2013 $4,564 $77,910 $39,260 $38,650
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Malwina Smosna

    Chicagoland Brokers, Inc.

    (773) 207-7909

    3 in this area

    71 Total Sales

    Malwina Smosna
    Section Image
  • Jeff Salhani

    Buyer's Agent in 2024

    Jeff Salhani

    RE/MAX

    (630) 216-8000

    6 in this area

    149 Total Sales

    Jeff Salhani
    Section Image
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Source: Midwest Real Estate Data (MRED)

MLS Number: 12190064

Midwest Real Estate Data (MRED)

APN: 09-08-104-014

Illinois DuPage County Downers Grove

60515

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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