See Home Value
Downers Grove 60516
1041 55th Street
$459,843*
House - Off Market

1041 55th Street

Downers Grove, IL 60515
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1665 Sqft
$315,000 - $385,000
Reference Base Price*
31.38%
Since Jan 1, 2021
National-US
Primary Model
Sold Jun 07, 2021
$338,000
$321,100 by Better Mortgage Corporation
Mortgage Due Jul 01, 2051
Sold Aug 28, 2014
$322,500
$258,000 by Paramount Residential Mortgage
Mortgage Due Aug 01, 2044

About This Property

Just steps away from Downtown Downers Grove. This 3 bedroom, 2 full bath ranch will check all the boxes on your wish list. Gleaming hardwood floors throughout main level, stylish wood burning fireplace and large bay window. The kitchen has LOTS of storage, a breakfast bar, pantry and room to expand into the formal dining room. Imagine an open concept kitchen and living space with ease! Step out onto the patio for easy entertainment and grilling. All 3 bedrooms upstairs with options to grow. Basement is fully finished with loads of storage, laundry room and access to back yard. Potential for more bedrooms, entertainment room, exercise room or man-cave - the possibilities are endless! Large and private backyard and 2 car garage. Close to award winning schools, Metra train, entertainment, shopping, restaurants, expressways - you name it, it's here! Come see what home feels like!

The manager has listed the unit size as 1665 square feet.
Unit Size
1,665Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$210
Property Type
House
Property Taxes
$7,114
HOA Dues
-
Year Built
1952

Price History

Date / Event Date Event Price
Jun 7, 2021 Sold to Joshua Hoering $338,000
Sold to Joshua Hoering
Dec 2, 2020 No longer available -
No longer available
Jun 18, 2020 Listed $350,000
Listed
Aug 25, 2018 No longer available -
No longer available
Jun 8, 2018 Relisted $346,900
Relisted
Show More

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 3
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,515
  • Garage Type: Garage
  • Garage Square Area: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 15,682
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,050
  • Total Building Area: 3,180
  • Gross Building Area: 3,180
  • Building Area: 1,665
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,665
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GRASMES RESUB
  • Land Acres: 0.36
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GRASMES RESUB

Ownership

  • Current Owner : HOERING JOSHUA
  • Previous Owner : HART CHARLES
  • Previous Owner 2: HART BARBARA
  • Owner Before Previous Owner: MARTIN ROBERT O
  • Owner Before Previous Owner 2: MARTIN DIANE K
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Community High School District 99
  • School Tax School District: DOWNERS GROVE
  • Census Tract: 845702

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3144-C3
  • Parcel: 09-17-101-001
  • Lot: 2
  • Municipality: DOWNERS GROVE
  • Latitude: 41.7873
  • Longitude: -88.011

    Address

  • Full Address: 1041 55th St
  • Address - House Number: 1041
  • Address - Street Name: 55th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Downers Grove
  • Carrier Code: C003
  • 4-Digit Zip Code: 4824
  • Zip Code: 60515

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,274
  • Tax Rate Code Area: 9026

    Appraisal Valuation

  • Standard Deviation: 0.1578
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 80
  • Final Value: 404,488
  • High Value: 468,336
  • Low Value: 340,639

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $321,100
  • First Open Lien Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Jun 07, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $321,100
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $337,800
  • Market Land Value: $205,050
  • Market Improvement Value: $132,750

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $112,600
  • Assessed Land Value: $68,350
  • Assessed Improvements Value: $44,250

    Sales

  • Current Sale Contract Date: May 21, 2021
  • Current Sale Recording Date: Jun 07, 2021
  • Current Sale Transaction ID: 11839759242
  • Current Sale Price: $338,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2021-087558
  • Previous Sale Recording Date: Aug 28, 2014
  • Previous Sale Contract Date: Jul 14, 2014
  • Previous Sale Amount: $322,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Jun 07, 2021
  • First Mortgage Loan Amount: $321,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • Previous Mortgage Transaction Date: Aug 28, 2014
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $258,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2044



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,948 ft²
$187/ft²
$365,000 Apr 6, 2023
-
$494/mo
House
3 Beds
3 Baths
1,056 ft²
$388/ft²
$410,000 Mar 16, 2023
-
$425/mo
House
2 Beds
2 Baths
1,251 ft²
$280/ft²
$349,900 Feb 16, 2023
-
$902/mo
Land
Loft
1 Bath
-
$350,000 Nov 15, 2022
-
$452/mo

About Downers Grove


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Nearby Rentals

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Frequently Asked Questions

When was property at 1041 55th Street built and last sold?
The property at 1041 55th Street was built in 1952 and last sold on May 21, 2021 for $338,000.
How much is this home worth?
The estimated value of the home located at 1041 55th Street is $359,269.
What are some comparable homes to 1041 55th Street?
There are currently no comparable homes to 1041 55th Street.

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