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Estate Sale Valuation Report

424 Village Rd

Unincorporated Willowbrook, Illinois 60527
Recommended List Price
$295,000
✎ Estate Sale — As-Is Pricing: This recommended list price reflects the full as-is condition of the property, including outdated kitchen, baths, mechanicals, and roof. No repairs or updates are assumed. The $295,000 price is supported by three recent comparable sales in the immediate Willowbrook submarket and positions the home to attract buyers comfortable with a renovation project.
Based on comparable sales & current market data · April 2026
Prepared by: Mike Berg · Berg Properties
Broker/Owner · Former Certified Appraiser · 21+ Years
This is a preliminary estimate and not a formal appraisal.
1

Executive Summary

Recommended List Price (As-Is)
$295,000
Value range: $275,000 – $325,000
$280K–$298K
Comp Sale Range
1,100
Above Grade Sq Ft
Dist. 86
Hinsdale South HS

Estate Sale — Priced Transparently for As-Is Condition

This property is being sold as part of an estate. Everything is original — kitchen, bathrooms, roof, mechanicals — and priced accordingly. The $295,000 recommended list price is not discounted from a higher number; it is a comp-supported, market-honest price that reflects the property in its current state. Buyers in this price range in Willowbrook know what they are getting and are actively looking for exactly this opportunity.

This report provides a comp-based valuation for the single-family ranch at 424 Village Rd in unincorporated Willowbrook — a 1956-built, 3-bedroom, 1-bath, 1,100 sq ft home on a .25–.49 acre lot with a detached 2-car garage. The property is being sold as an estate in as-is condition with no repairs or updates to be made by the seller.


Three recent comparable sales in the same Willowbrook 60527 submarket form the basis of this analysis. All three sold between October 2024 and October 2025 in the $280,000–$298,000 range. The subject property's Hinsdale South High School (District 86) designation and detached 2-car garage are meaningful strengths. The full as-is condition — including roof, mechanicals, kitchen, and baths — is the primary pricing factor and is fully reflected in the recommended list price.

2

Property Details

🏠
1956
Year Built
🛌
3
Bedrooms
🚽
1
Full Bath
📏
1,100
Above Grade Sq Ft
🌿
.25–.49 ac
Lot Size
🚗
2-Car
Detached Garage
📅
$3,274
Annual Taxes
🎓
Dist. 86
Hinsdale South HS
As-Is
Estate Sale
FeatureDetailFeatureDetail
StyleRanch, 1 StorySubdivisionUnincorporated Willowbrook
Lot Dimensions80x131x125x90CountyDuPage
GarageDetached, 2-CarBasementNone
RoofOriginal — Age Unknown, Needs ReplacementMechanicalsOriginal — Furnace, A/C, Water Heater All Old
KitchenOriginal, Needs Full UpdateBathOriginal, Needs Full Update
Sale TypeEstate Sale, As-IsSeller RepairsNone
Elementary / Jr HighDistrict 62High SchoolHinsdale South — District 86
2024 Taxes$3,274APN0935311011
WaterWell — CommunitySewerPublic
HeatingGas, Forced AirCoolingCentral Air
3

As-Is Condition — Full Disclosure

🔧

Everything Is Original — And the Price Reflects It

This is a 1956-built home where everything — roof, furnace, air conditioning, water heater, kitchen, and bathrooms — is original or near-original age. The estate is selling as-is with no repairs, no credits, and no updates. This is stated upfront in the pricing and will be disclosed fully in the listing. Buyers who purchase at this price understand and accept the renovation scope required.

ComponentConditionBuyer ImpactNotes
RoofOriginal / Old — Needs ReplacementMay affect conventional financingDisclose in listing; some lenders require repair before closing
FurnaceOld — Near End of LifeInspector will flagBudget item for buyer; price reflects this
Air ConditioningOld — Near End of LifeInspector will flagBudget item for buyer; price reflects this
Water HeaterOld — Needs ReplacementInspector will flagLow cost item but will be noted
KitchenOriginal — Full Update NeededCosmetic; no financing impactStrong buyer upside after renovation
BathroomsOriginal — Full Update NeededCosmetic; no financing impact1 full bath; renovation buyers expect this
Detached 2-Car GaragePresent — Significant PositiveStrong buyer appealRare at this price point; comps mostly lack this
Lot Size.25–.49 Acre — PositiveAppeals to buyers wanting spaceLarger than typical for Willowbrook ranches
District 86 SchoolsHinsdale South HS — Strong PositiveExpands buyer pool significantlyKey value driver at this price point
💰

A Note on Financing

The roof condition is the most likely financing obstacle. If the roof is flagged as inadequate by a lender's appraiser, it may disqualify FHA financing and some conventional loans without a repair escrow or seller credit. The estate should be prepared for this conversation. Options include: pricing to attract cash buyers, agreeing to a repair escrow at closing, or having the roof assessed and providing the report to buyers upfront. Cash offers are the cleanest path for an as-is estate sale at this condition level.

4

Comparable Sales Analysis (CMA)

Three recent comparable sales in the Willowbrook 60527 submarket were analyzed. All sold between October 2024 and October 2025 in the $279,900–$297,800 range. All are similar vintage (1950s), similar style, and in the same school districts. Note that one comp (8144 Sunset Rd) was excluded from primary analysis due to a building code violation that significantly distorted its pricing.

AddressSoldSale PriceBeds/BathsSq FtGarageCondition / Notes
467 Circle AveOct 2025$297,8003 / 2.01,6602-Car AttachedRanch, needs TLC, cosmetic, 2 baths
9S531 Western AveMar 2025$279,9004 / 1.11,150NoneUpdated tri-level, no garage
7730 Virginia CtJan 2025$280,0003 / 2.01,4401-Car AttachedAs-is, needs work, 2 fireplaces
8144 Sunset RdFeb 2026$340,0004 / 3.01,7006-Car Detached⚠ Excluded — building code violation; rehab w/o permits distorts value
424 Village RdSubject$295,000 (List)3 / 1.01,1002-Car DetachedEstate sale, all original, as-is

Comparable Sale Prices vs. Recommended List Price

5

Pricing Adjustment — Strengths & Limitations

FactorSubject vs. CompsImpactNotes
District 86 Schools Hinsdale South HS — all comps also D86 Neutral / Positive Level playing field but a strong floor for value; attracts family buyers
Detached 2-Car Garage Better than 2 of 3 comps Positive Western Ave had no garage; Virginia Ct had 1-car only; subject has full 2-car detached
Lot Size Comparable to comp set Neutral / Positive All comps in .25–.49 acre range; subject holds its own
Square Footage 1,100 sq ft — smallest in comp set Minor Negative Circle Ave (1,660) and Virginia Ct (1,440) are larger; offset by garage advantage
Bath Count 1 full bath vs. 2 full baths for 2 of 3 comps Negative Single bath is the subject's most significant limitation relative to comps
Overall Condition Fully original vs. mixed condition comps Negative Virginia Ct was as-is; Circle Ave cosmetic only; Western Ave was updated. Subject is the most work of the three
Roof & Mechanicals All original — unknown ages Negative Financing risk; price reflects full replacement cost burden on buyer
Recommended List Price $295,000 (as-is, estate sale) Supported by comp range; garage offsets sq ft and bath disadvantages
6

Willowbrook 60527 Market Overview

The Willowbrook 60527 market for 1950s-era ranch and split-level homes has been consistent in the $279,000–$300,000 range for as-is and light-cosmetic condition homes. Demand is driven primarily by the District 86 (Hinsdale South) school designation, proximity to I-55 and I-294, and the relative affordability compared to incorporated Hinsdale and Burr Ridge. Renovation buyers and investors are the primary audience for a fully as-is estate sale at this price point.

$280K–$298K
Recent As-Is Comp Range
Consistent Demand
$295K
Recommended List Price
As-Is, Estate Sale
Dist. 86
Hinsdale South HS
Key Value Driver
$3,274
Annual Taxes
Low — Buyer Positive
2-Car
Detached Garage
Rare at This Price
Cash / Conv
Likely Buyer Financing
FHA Risk — Roof Condition

Subject Property vs. Comp Range

7

Recommended Listing Strategy

How to Position This Estate Sale for the Best Outcome

1
Clean out and clear the property before listing. An empty home photographs better, shows better, and allows buyers to see the space and potential without distraction. This is the single highest-impact step the estate can take.
2
List at $295,000 as-is. This is a comp-supported price that will attract renovation buyers and investors without underselling the property's genuine strengths.
3
Lead with the positives in listing remarks: District 86 schools, detached 2-car garage, lot size, and low taxes. These are genuine differentiators at this price point.
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Disclaimer: This is a preliminary home valuation based on comparable sales and current market data. It is not a formal appraisal and should not be used as a substitute for a professional appraisal. The actual sale price is determined by market conditions, negotiations, and the specific condition of the home. All comp data sourced from MRED MLS records as of April 2026. The building code violation comp (8144 Sunset Rd) was excluded from primary analysis due to its anomalous pricing factors. Berg Properties makes no warranties regarding the accuracy or completeness of this information.