Home Valuation — 323 N Princeton Ave, Apt 8, Villa Park, IL
Confidential Home Valuation Report

323 N Princeton Ave, Apt 8

Villa Park, Illinois 60181
Estimated List Price Range
$140,000 – $145,000

⚠ Note on This Range: Based on confirmed condition and current market activity, this range reflects a well-positioned list price for a freshly prepped unit. The active competition at 327 N Princeton has been cycling on/off the market since May 2024 — a properly presented Unit 8 has a clear opportunity to stand out and sell.
Based on comparable sales & current Villa Park market data · April 2026
Prepared for: Owner of 323 N Princeton Ave, Apt 8  •  Prepared by: Mike Berg · Berg Properties
This is a preliminary estimate and not a formal appraisal.
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Value Summary

Recommended List Price Range
$140,000 – $145,000
Properly prepped unit positioned above stale competition
$141,900
Cotality Estimate
$145,987
Quantarium Estimate
⚠ Condition & Prep Plan Confirmed
The unit has been walked and the scope of work confirmed. With paint, deep cleaning, and re-caulking completed, Unit 8 will present significantly better than the competition currently on the market. At $140K–$145K, it is priced to attract both owner-occupants and investors in a market with very limited condo inventory.

This report provides a preliminary valuation for the 2-bedroom, 1-bath condo at 323 N Princeton Ave, Apt 8 in Villa Park, Illinois. The unit is 660 square feet, built in 1962, in a well-maintained brick building. The HOA covers heat, gas, water, insurance, exterior maintenance, and more — making the true cost of ownership highly competitive compared to renting. Villa Park's proximity to Metra rail, I-290, and the broader DuPage County market continues to attract steady buyer demand at this price point.

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Property Details

🏠
1962
Year Built
🛌
2
Bedrooms
🛁
1
Bathroom
📏
660
Sq Ft
🏠
Brick
Construction
🚘
1 Ext.
Parking
FeatureDetailFeatureDetail
Property TypeCondo / AttachedCountyDuPage
Floor Level2nd Floor (Entry Level 2)Units in Building10
HeatingSteam (HOA-covered)CoolingWall A/C Unit
Parking1 Exterior Assigned SpaceStorageExtra storage in building basement
LaundryCoin laundry in buildingPetsCats & Dogs OK
Annual Taxes$2,668 (2024)Parcel ID0604417009
ConditionGood — needs paint, deep clean, re-caulkSchool DistrictVilla Park District 45 / District 88

🏠 HOA Fee — What’s Included (Monthly Fee: TBD — confirm with seller)

🔥Heat
💧Water
🔥Gas
🔒Common Insurance
🔨Exterior Maintenance
🌿Lawn Care
Scavenger
Snow Removal
🚗1 Parking Space
📦Storage Unit
ⓘ The comparable unit at 327 N Princeton charges $402/month for the same HOA coverage. Confirm Unit 8’s exact fee with the seller — this is a critical detail for buyers comparing total monthly cost.
🔧 Key Condition Notes for Decision Makers
  • Unit is in good overall shape — solid brick building, functional systems, well-maintained exterior
  • Walls and ceiling need fresh paint throughout — cosmetic, low cost, high impact on buyer perception
  • Deep cleaning required — will significantly improve showing appeal
  • Bathroom and tub need re-caulking — minor repair, important for buyer inspection confidence
  • With prep completed, Unit 8 will present as the best-condition unit available in this building cluster
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Comparable Sales & Active Competition (CMA)

The Villa Park condo market at this price point has very limited inventory. The table below shows the most relevant sold and active comparables. The gold row is the best sold comp; the red row is the active competition; the green row is the subject property.

🚨 Active Competition: 327 N Princeton Ave, Unit 9 — Listed $139,999

This unit has been on and off the market since May 2024 — nearly a full year. It was listed, removed, relisted, removed again, and is currently on its fourth listing attempt (as of April 2026). Despite being marketed as “investor friendly” with granite countertops and hardwood floors, it has failed to sell. This creates a clear opportunity: a freshly painted, deep-cleaned, and properly presented Unit 8 at 323 N Princeton — listed at $140K–$145K — will stand out immediately as the better-condition, better-value option.

Address Status Price Beds/Baths Sq Ft $/Sqft HOA/mo Notes
323 N Princeton Ave #1
Villa Park (same building)
Sold Oct 2022 $96,000 2 / 1 660 $145 TBD ⭐ Same building — market has risen ~50% since 2022
530 E Highland Ave #A2
Villa Park
Sold Dec 2025 $129,000 1 / 1 604 $214 N/A 1BR unit — smaller, lower price; supports $140K+ for 2BR
327 N Princeton Ave #9
Villa Park (same cluster)
Active — $139,999 $139,999 2 / 1 660 $212 $402 🔴 On/off market since May 2024 — stale listing, multiple relistings
323 N Princeton Ave #8
📍 Your Unit
Your Home ~$140K–$145K 2 / 1 660 ~$212–$220 TBD Good condition — prepped, painted, cleaned; positioned to sell
📷 Active Comp: 327 N Princeton Ave, Unit 9 (Listed $139,999)
327 N Princeton Ave — Active comp building exterior
327 N Princeton Ave — Same building cluster, active comp at $139,999
327 N Princeton Ave — Building exterior view
327 N Princeton Ave — Has been listed on/off since May 2024
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Villa Park Market Conditions

Villa Park’s condo market at the $130K–$150K price point has extremely limited inventory — only one active condo listing in the entire 60181 zip code as of April 2026. This scarcity works in the seller’s favor. Buyers looking for affordable, low-maintenance ownership near Metra and I-290 have very few options, which supports pricing at the top of the range for a well-prepped unit.

1
Active Condo Listings in 60181
▲ Extremely low inventory
$212
Price/Sqft (Active Comp)
▲ Up from $145/sqft in 2022
16 days
Avg Days on Market (Villa Park)
Fast-moving market overall
~50%
Price Appreciation Since 2022
▲ Same building sold $96K in 2022
What this means for 323 N Princeton #8: With only one competing condo in the entire zip code — and that unit having sat unsold for nearly a year — a freshly prepped Unit 8 listed at $140K–$145K enters the market as the clear best option for buyers. The HOA’s all-inclusive coverage (heat, gas, water) makes the effective monthly cost highly competitive with renting in the area.
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Schools — Villa Park District 45 & District 88

323 N Princeton Ave is served by Villa Park Community Unit School District 45 for elementary and middle school, and Community High School District 88 for high school. Willowbrook High School is rated 9/10 on GreatSchools — a strong draw for family buyers.

🎒 Elementary School
North Elementary School
District 45 · Public K–5 · 0.4 mi
📚 Middle School
Jefferson Middle School
District 45 · Public 6–8 · 0.3 mi
🎓 High School
Willowbrook High School
District 88 · Public 9–12 · 2.1 mi · 9/10 GreatSchools
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Recommended Next Steps

How We Move Forward Together
01

Discuss any questions about this report, the comparable sales, and current Villa Park market conditions.

02

Coordinate clean-out and prep for sale — paint, deep clean, and re-caulk to maximize buyer appeal before listing.

03

Finalize list price, confirm HOA fee, review marketing strategy, and set a go-live date that works for your timeline.

04

List, review offers, and negotiate the best possible outcome — with the goal of a smooth, stress-free closing.

Ready to Talk About Your Unit?

Let’s discuss what a sale could look like for you — the timeline, the prep plan, and what the Villa Park market is doing right now.

Disclaimer: This is a preliminary home valuation based on publicly available data, automated valuation models, and recent comparable sales. It is not a formal appraisal and should not be used as a substitute for a professional appraisal. The actual sale price of a property is determined by market conditions, negotiations, and the specific condition of the unit. All data sourced from public records, MLS data, and third-party AVM providers as of April 2026. HOA fee for subject unit is TBD — confirm with seller. Building photos sourced from public MLS records. Berg Properties makes no warranties regarding the accuracy or completeness of this information.