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17624 South Gilbert Drive

17624 South Gilbert Drive, Lockport, IL 60441
Property in Homer
Sold Oct 11, 2023
$292,000
$277,400 by Anderson Fin'l Grp Inc
Mortgage Due Nov 01, 2053
Sold Sep 19, 2016
$170,500
$110,000 by First Midwest Bank
Mortgage Due Sep 01, 2046
Local assessors in Lockport, IL have categorized 17624 South Gilbert Drive as a residential type of property. The home was built in 2003 and is 21 years old. The property's lot size has been calculated to be 9,857 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 17624 South Gilbert Drive has a total of 1,771 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 430 sqft. Residents rely on central air conditioning for their cooling system. The property was last sold in Oct 6, 2023 for $292,000. That's $164.88 per sqft. Prior to that sales transaction, the property was also sold in Aug 23, 2016 for $170,500. 17624 South Gilbert Drive was last assessed in 2022. The total value of the property was assessed at $74,673. Specifically, the land the property is located on was valued at $10,189. While improvements on the property were assessed at a total of $64,484. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,743. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 0
  • Building Style: Condo
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 430
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,857
  • Total Building Area: 1,771
  • Building Area: 1,771
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,771
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILLOW WALK UNIT 1
  • Land Acres: 0.226
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: UNIT 1101-L IN WILLOW WALK CONDOS, OF LOT 11 IN WILLOW WALK UNIT 1, BEING A SUB OF PRT OF SEC 31, T36N-R11E. A/K/A: UNIT 1101

Ownership

  • Current Owner : DURKIN MICHAEL S
  • Current Owner 2: JAGE COURTNEY A
  • Previous Owner : NADINE A COSTA REVOCABLE LIVING TRUST
  • Owner Before Previous Owner: BERGSTROM MICHELLE
  • Owner Before Previous Owner 2: KOCHER MICHELLE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Lockport Township High School District 205
  • Census Tract: 881009

Geography

  • Parcel: 16-05-31-202-061-1001
  • Lot: 11
  • Meridian: SEC 31 TWN 36N RNG 11E
  • Municipality: HOMER
  • Latitude: 41.567
  • Longitude: -88.0115

    Address

  • Full Address: 17624 S Gilbert Dr
  • Legal Unit: 1
  • Address - House Number: 17624
  • Street Direction: S
  • Address - Street Name: Gilbert
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Lockport
  • Carrier Code: R034
  • 4-Digit Zip Code: 1100
  • Zip Code: 60441

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,743
  • Tax Rate Code Area: 1626

    Appraisal Valuation

  • Standard Deviation: 0.087
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 92
  • Final Value: 307,191
  • High Value: 333,923
  • Low Value: 280,460

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $277,400
  • First Open Lien Mortgage Lender: ANDERSON FIN'L GRP INC
  • First Open Lien Mortgage Recording Date: Oct 11, 2023
  • First Open Lien Mortgage Loan Amount: $277,400
  • 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: Nov 01, 2053

    Market Valuation

  • Market Total Value: $224,019
  • Market Land Value: $30,567
  • Market Improvement Value: $193,452

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $74,673
  • Assessed Land Value: $10,189
  • Assessed Improvements Value: $64,484

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 06, 2023
  • Current Sale Recording Date: Oct 11, 2023
  • Current Sale Transaction ID: 11914645698
  • Current Sale Price: $292,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 53304
  • Previous Sale Recording Date: Sep 19, 2016
  • Previous Sale Contract Date: Aug 23, 2016
  • Previous Sale Amount: $170,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ANDERSON FIN'L GRP INC
  • First Mortgage Transaction Date: Oct 11, 2023
  • First Mortgage Loan Amount: $277,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: FIRST MIDWEST BANK
  • Previous Mortgage Transaction Date: Sep 19, 2016
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $110,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2046

About Lockport



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Unit for rent at 1068 Ashley Court N, Lockport, IL, 60441

$1,900 /mo

  • 2 Beds
  • 2 Baths
  • 1,150 ft²
1068 Ashley Court N #3A, Lockport, IL, 60441 Listing by Joseph Earl

Frequently Asked Questions

What neighborhood is 17624 South Gilbert Drive located in?
The 17624 South Gilbert Drive is a located in the neighborhood of Homer in Lockport, Lockport.
What is the average sales price for listings in 17624 South Gilbert Drive?
The average sales price for units in 17624 South Gilbert Drive is $0 currently.

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