When was property at 531 Whelan Street built and last sold?

The property at 531 Whelan Street was built in 1954 and last sold on Jan 27, 2023 for $246,000.

How much is this home worth?

The estimated value of the home located at 531 Whelan Street is $259,603.

What are some comparable homes to 531 Whelan Street?

There are currently no comparable homes to 531 Whelan Street.

Lockport

60441

531 Whelan Street

$246,000

● House - Off Market

531 Whelan Street

Lockport, IL 60441

3 Beds

1 Bath

990 Ft²

$275,132

RealtyHop Estimate

5.86%

Since Feb 1, 2023

National-US

Primary Model

About This Property

***HUGE price change AND seller willing to help buyer "buy down" their interest for 2 years***Looking for an adorable and well maintained true ranch on a double lot? You've found it here! Make an appointment to view this adorable and well maintained ranch home featuring 3 nice size bedrooms, beautifully remodeled bath~Bright and airy kitchen with eat in area and newer stainless steel appliances~"Mosquito free" enclosed back porch to enjoy those beautiful summer nights~Full basement~News include vinyl flooring, upgraded water lines and electric~Roof, gutters and guards 2014~2 car tandem garage with workshop area~Private park like "double lot" with fire pit~Last house on a "dead-end" street~only 1 block from Lockport's famous Dellwood Park and Community Center including fitness center with indoor pool, sports fields and park with walking paths. Minutes to Metra train station and the charming Historic Lockport Downtown area offering an abundance of restaurants and quaint specialty stores!

Unit Size

990 Ft²

Days on Market

Land Size

0.34 acres

Price per sqft

$263

Property Type

House

Property Taxes

$335

HOA Dues

Year Built

1954

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #11669703)

Price History

Date / Event	Date	Event
Jan 27, 2023	Sold	Premium
Sold
Nov 8, 2022	Listed by HomeSmart Realty Group	$259,900
Listed by HomeSmart Realty Group

Property Highlights

Garage

Air Conditioning

Parking Available

Building Info

Overview

General

Year Built: 1954

Effective Year Built: 1954
Bedroom Count: 0
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Building Condition: 0
Building Quality: 0
Construction Type: 0
Building Style: 0
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Count: 100
Floor Cover: 0
Basement Type: 8
Basement Area: 990
Garage Type: 1
Garage Square Area: 624
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 14,698

Total Building Area: 2,604
Building Area: 990
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 0
Heated Square Feet: 990
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: WHELAN SUB
Land Acres: 0000000340
Standard Land Use Code: 1001
County Land Use Code: 0040
Legal Description 1: LOT 11 12 BLOCK 1 IN WHELAN SUB, A SUB OF PRT OF THE W1/2 NE1/4 OF SEC 26, T36N-R10E. CONSOL PER PET 2000-46. NDA:

Neighborhood

School District Name: Lockport Township High School District 205

Census Tract: 880701

Geography

Parcel: 11-04-26-211-054

Block: 1
Lot: 11-12
Meridian: SEC 26 TWN 36N RNG 10E
Municipality: LOCKPORT
Latitude: 41.5775
Longitude: -88.0522

Address

Full Address: 531 Whelan St

Address - House Number: 531
Address - Street Name: Whelan
Address - Suffix Type: St
State: IL
City Name: Lockport
Carrier Code: C055
4-Digit Zip Code: 4434
Zip Code: 60441

Valuation

Tax

Tax Year: 2022

Tax Amount: $483,950
Tax Rate Code Area: 1110

Appraisal Valuation

Standard Deviation: 0.1592

Valuation Date: Aug 09, 2023
Confidence Score: 80
Final Value: 232,389
High Value: 269,387
Low Value: 195,392

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

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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:

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Second Open Lien Mortgage Recording Date:

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Second Open Lien Mortgage Position:

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Second Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $184,743

Market Land Value: $67,896
Market Improvement Value: $116,847

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $61,581
Assessed Land Value: $22,632
Assessed Improvements Value: $38,949

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Jan 27, 2023

Current Sale Recording Date: Jan 30, 2023
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 4911
Previous Sale Recording Date: Nov 06, 2020
Previous Sale Contract Date: Nov 03, 2020
Previous Sale Amount: $195,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

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First Mortgage Transaction Date:

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First Mortgage Loan Amount:

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First Mortgage Terms:

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First Mortgage Loan Type:

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First Mortgage Loan Due Date:

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Second Mortgage Loan Amount:

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Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

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Previous Mortgage Financing Type:

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Previous Mortgage Loan Amount:

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Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium
Previous 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 Lockport

Stats & Trends

Median Asking:

$380,000

Sale Price/ft²

$220

Below Asking

0.01%

Average Days on Market

Average Home Size

2021 ft²

Average Home Age

33.5 years

Currently For Sale

71 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

Unit for rent at 220 E 15th Street, Lockport, IL, 60441

$2,300 /mo

3 Beds
1 Bath
1,250 ft²

220 E 15th Street #1, Lockport, IL, 60441 Listing by Daniel Walsh

Unit for rent at 618 E 12th Street, Lockport, IL, 60441

$2,300 /mo

2 Beds
2 Baths
1,300 ft²

618 E 12th Street, Lockport, IL, 60441 Listing by Dmitri Grebennikov

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Lisa Ortega, HomeSmart Realty Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11669703

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.

531 Whelan Street

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Lockport

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions