When was property at 1025 South Grace Drive built and last sold?

The property at 1025 South Grace Drive was built in 1974 and last sold on Mar 15, 2024 for $430,000.

How much is this home worth?

The estimated value of the home located at 1025 South Grace Drive is $0.

What are some comparable homes to 1025 South Grace Drive?

There are currently no comparable homes to 1025 South Grace Drive.

Mount Prospect

60056

1025 Grace Drive

$430,000

● House - Off Market

1025 Grace Drive

Mount Prospect, IL 60056

3 Beds

2 Baths, 1 Half Bath

2,765 Ft²

$2,917

Est. Monthly

5.45%

Cap Rate

About This Property

MULTIPLE OFFERS RECEIVED~HIGHEST & BEST DUE BY 5:00 PM WEDNESDAY, FEB. 14, 2024~Great Property~Great Location~2023 Entire First Floor Freshly Painted~2023 Bathrooms Have Been Beautifully Updated~Highly Desireable Ranch With 3 Bedrooms All On The Main Level~Huge Living And Dining Area Ideal For Entertaining Family And Friends ~Kitchen Has Plenty Of Work Space For The Cook Of The Family With A Bright Sun Lite Area With Ample Space For An Eat In Table~Two Hall Closets For Any Storage Needs~Basement Has A Huge Main Finished Area W/ A Bar For Additional Living Space~A Separate Room Accomodates The Washer/Dryer/Sink/HVAC And Open Work Area~Basement Also Has An Additional Room With A Door For Storage~Attached 2.5 Car Garage~Gorgeous Backyard With A Large Patio And Plenty Of Open Green Space~Above Grade Square Footage Is 1402~Below Grade Square Footage Is 1363~Total Square Footage Is 2765~Please Note Treadmill In Basement And All Items In Garage Are EXCLUDED From Sale~2021 Furnace~2020 Hot Water Tank~2013 Roof~Super Easy To Show!!

Unit Size

2,765 Ft²

Days on Market

Land Size

Price per sqft

$162

Property Type

House

Property Taxes

$716

HOA Dues

Year Built

1974

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #11976255)

Price History

Date / Event	Date	Event
Mar 15, 2024	Sold	Premium
Sold
Feb 8, 2024	Listed by Baird & Warner	$448,000
Listed by Baird & Warner

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 1974

Effective Year Built: 1974
Building Count: 1
Total Rooms: 6
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 1
Partial Bathrooms: 2
Building Condition: 3
Building Quality: 7
Construction Type: 12
Building Style: 3
Exterior Walls Type: 24
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 15
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 7
Basement Area: 0
Garage Type: 1
Parking Space Count: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 9,228

Total Building Area: 1,398
Gross Building Area: 1,398
Building Area: 1,398
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 24
Heated Square Feet: 1,398
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: E J FREDIANIS ADD 01
Land Acres: 0000000212
Standard Land Use Code: 1001
County Land Use Code: 2-03

Neighborhood

School District Name: Township High School District 214

Census Tract: 805002

Geography

District: 16

Parcel: 08-14-103-029-0000
Lot: 54
Meridian: SEC 14 TWN 41N RNG 11E
Municipality: ELK GROVE
Latitude: 42.0447
Longitude: -87.9534

Address

Full Address: 1025 S Grace St

Address - House Number: 1025
Street Direction: S
Address - Street Name: Grace
Address - Suffix Type: St
State: IL
City Name: Mount Prospect
Carrier Code: C070
4-Digit Zip Code: 4117
Zip Code: 60056

Valuation

Tax

Tax Year: 2022

Tax Amount: $859,722
Tax Rate Code Area: 16048

Appraisal Valuation

Standard Deviation: 0.1011

Valuation Date: Mar 20, 2024
Confidence Score: 90
Final Value: 441,155
High Value: 485,759
Low Value: 396,551

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

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First Open Lien Mortgage Recording Date:

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First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

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First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $343,650

Market Land Value: $96,890
Market Improvement Value: $246,760

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $34,365
Assessed Land Value: $9,689
Assessed Improvements Value: $24,676

Sales

Current Sale Contract Date: Mar 15, 2024

Current Sale Recording Date: Mar 22, 2024
Current Sale Price:

Premium
Current Sale Document Type: 27
Current Sale Input Document Number: 20316
Previous Sale Recording Date: Jun 18, 2004
Previous Sale Contract Date: May 25, 2004
Previous Sale Amount: $360,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

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First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Mount Prospect

Stats & Trends

Median Asking:

$450,000

Sale Price/ft²

$266

Below Asking

0.01%

Average Days on Market

Average Home Size

1720 ft²

Average Home Age

55.6 years

Currently For Sale

90 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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$2,630 /mo

1 Bed
1 Bath
695 ft²

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Unit for rent at 529 E Lincoln Street, Mount Prospect, IL, 60056

$2,700 /mo

3 Beds
1 Bath

529 E Lincoln Street, Mount Prospect, IL, 60056 Listing by Claudiu Popescu

Unit for rent at 1605 E Central Road, Arlington Heights, IL, 60005

$2,700 /mo

3 Beds
2 Baths
1,700 ft²

1605 E Central Road #322C, Arlington Heights, IL, 60005 Listing by Barbara Augustyn Rago

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Julie Murtaugh, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 11976255

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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

1025 Grace Drive

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Mount Prospect

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions