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18 South Spring Avenue

18 South Spring Avenue, La Grange, IL 60525
Commercial in Lyons
18 South Spring Avenue in La Grange, IL was first built in 1963 and is 61 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 2 floors. There are a total of 20 rooms in the home, of which, 8 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 18 South Spring Avenue has 4,500 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,500 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a detached garage. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a hot water heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 18 South Spring Avenue sold most recently in Nov 5, 2021 for a total of $875,000. If you work out the math, that's approximately a cost of $194.44 per sqft. Before that, the property was also sold for $505,000 in Aug 24, 2014. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $26,357 in taxes each year. 18 South Spring Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $90,000. If we break it down further, the land itself was valued at $7,800. Improvements to the property, however, were assessed at a total of $82,200. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210409
04/09/2021
Loft
-
-
$929,000
bedrooms
Loft
bathrooms
-
-
-
-
Catherine Bier
Compass

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 20
  • Bedroom Count: 8
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 4
  • Business/Commerical Units Count: 6
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,500
  • Total Building Area: 4,500
  • Gross Building Area: 4,500
  • Building Area: 4,500
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 4,500
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAGRANGE
  • Land Acres: 0.149
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : 18 S SPRING LLC
  • Previous Owner : KOMPERDA MARY A
  • Owner Before Previous Owner: SPRING AVENUE PROPERTIES LLC RAD SERIES
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lyons Township High School District 204
  • Census Tract: 819500

Geography

  • District: 21
  • Parcel: 18-04-120-019-0000
  • Block: 28
  • Lot: 28
  • Meridian: SEC 04 TWN 38N RNG 12E
  • Municipality: LYONS
  • Latitude: 41.8138
  • Longitude: -87.8762

    Address

  • Full Address: 18 S Spring Ave
  • Address - House Number: 18
  • Street Direction: S
  • Address - Street Name: Spring
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: La Grange
  • Carrier Code: C016
  • 4-Digit Zip Code: 2238
  • Zip Code: 60525

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $26,357
  • Tax Rate Code Area: 21030

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 1,114,440
  • High Value: 1,282,648
  • Low Value: 946,231

    Market Valuation

  • Market Total Value: $900,000
  • Market Land Value: $78,000
  • Market Improvement Value: $822,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $90,000
  • Assessed Land Value: $7,800
  • Assessed Improvements Value: $82,200

    Sales

  • Current Sale Contract Date: Nov 05, 2021
  • Current Sale Recording Date: Feb 03, 2022
  • Current Sale Transaction ID: 11887695189
  • Current Sale Price: $875,000
  • Current Sale Document Type: Trustee's Deed (Certificate of Title)
  • Current Sale Input Document Number: 2203412072
  • Previous Sale Recording Date: Oct 08, 2014
  • Previous Sale Contract Date: Aug 24, 2014
  • Previous Sale Amount: $505,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: OLD PLANK TRAIL COMMUNITY BANK
  • Previous Mortgage Transaction Date: Oct 08, 2014
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $353,500
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Aug 29, 2019

About La Grange



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 18 South Spring Avenue located in?
The 18 South Spring Avenue is a commercial located in the neighborhood of Lyons in La Grange, La Grange.
What is the average sales price for listings in 18 South Spring Avenue?
The average sales price for units in 18 South Spring Avenue is $0 currently.

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