580 Duane Street

580 Duane Street in Glen Ellyn, IL was first built in 1964 and is 60 years old. This has been categorized as a commercial property type. There are a total of 2 floors. 580 Duane Street has 3,120 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 9,583 square feet.

Learn more about the property and building on this page. 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, 580 Duane Street sold most recently in Aug 14, 2023 for a total of $650,000. If you work out the math, that's approximately a cost of $208.33 per sqft. Before that, the property was also sold for $415,000 in May 18, 2020. 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 $14,629 in taxes each year. The initial year of tax delinquency occurred in 2016. 580 Duane Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $192,170. If we break it down further, the land itself was valued at $110,110. Improvements to the property, however, were assessed at a total of $82,060. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.