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40 North Spring Avenue

40 North Spring Avenue, La Grange, IL 60525
Multifamily in Lyons
Local assessors in La Grange, IL have categorized 40 North Spring Avenue as a residential type of property. The home was built in 1923 and is 101 years old. The property's lot size has been calculated to be 6,800 square feet. The linear feet between the front and back of the lot was measured at 1,360 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 12 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 3 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 40 North Spring Avenue has a total of 2,732 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There are 3 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Mar 17, 2021 for $700,000. That's $256.22 per sqft. Prior to that sales transaction, the property was also sold in Jan 8, 2013 for $672,000. 40 North Spring Avenue was last assessed in 2023. The total value of the property was assessed at $73,000. Specifically, the land the property is located on was valued at $7,480. While improvements on the property were assessed at a total of $65,520. 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 $17,681. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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.

Building Features

Exterior

Stucco Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220324
03/24/2022
6 Bed
-
-
$725,000
bedrooms
6 Bed
bathrooms
-
-
-
-
Paul Molidor
Keller Williams Inspire - Geneva
20210526
05/26/2021
5 Bed
-
-
$719,000
bedrooms
5 Bed
bathrooms
-
-
-
-
Paul Molidor
Keller Williams Inspire - Geneva

Building Info

Overview

    General

  • Year Built: 1923
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 6,800
  • Lot Size Depth Feet: 1,360
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,732
  • Gross Building Area: 2,732
  • Building Area: 2,732
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,732
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: COSSITTS FIRST ADD TO LAGRANGE
  • Land Acres: 0.156
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (COSSITTS) (FIRST) ADD TO (LAGRANGE) SUB OF THAT PT L YING NORTH OF RR & SOUTH OF OGDEN AVE IN NW SEC 04-38-12

Ownership

  • Current Owner : WIORA MICHAEL
  • Current Owner 2: WIORA LESLIE
  • Previous Owner : MACENTEE PETER E
  • Previous Owner 2: MACENTEE RACHEL M
  • Owner Before Previous Owner: SAWYER DAVID A
  • Owner Before Previous Owner 2: SAWYER CAROL A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

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

Geography

  • District: 21
  • Parcel: 18-04-115-009-0000
  • Block: 19
  • Lot: 1
  • Meridian: SEC 04 TWN 38N RNG 12E
  • Municipality: LYONS
  • Latitude: 41.8166
  • Longitude: -87.875

    Address

  • Full Address: 40 N Kensington Ave
  • Address - House Number: 40
  • Street Direction: N
  • Address - Street Name: Kensington
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: La Grange
  • Carrier Code: C004
  • 4-Digit Zip Code: 5918
  • Zip Code: 60525

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $17,681
  • Tax Rate Code Area: 21030

    Appraisal Valuation

  • Standard Deviation: 0.2286
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 835,759
  • High Value: 1,026,817
  • Low Value: 644,700

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $395,000
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Apr 19, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $395,000
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $730,000
  • Market Land Value: $74,800
  • Market Improvement Value: $655,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $73,000
  • Assessed Land Value: $7,480
  • Assessed Improvements Value: $65,520

    Sales

  • Current Sale Contract Date: Mar 17, 2021
  • Current Sale Recording Date: Apr 19, 2021
  • Current Sale Transaction ID: 11831487301
  • Current Sale Price: $700,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2110904295
  • Previous Sale Recording Date: Jan 24, 2013
  • Previous Sale Contract Date: Jan 08, 2013
  • Previous Sale Amount: $672,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Apr 19, 2021
  • First Mortgage Loan Amount: $395,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: Jan 24, 2013
  • Previous Mortgage Loan Amount: $350,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2043

About La Grange



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Frequently Asked Questions

What neighborhood is 40 North Spring Avenue located in?
The 40 North Spring Avenue is a multifamily located in the neighborhood of Lyons in La Grange, La Grange.
What is the average sales price for listings in 40 North Spring Avenue?
The average sales price for units in 40 North Spring Avenue is $0 currently.

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