NOT LISTED FOR SALE

1 Gale Ave Unit 4D River Forest, IL 60305

Estimated Value: $480,000 - $532,000

2 Beds
3 Baths
2,500 Sq Ft
$661/mo HOA Fee

Last Sold January 31, 2022

Last sale price $450,000 $180 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,247/month

125 Days on Market

Highlights

  • Formal Dining Room
  • Attached Garage
  • Senior Tax Exemptions
  • Lincoln Elementary School Rated A
  • Resident Manager or Management On Site

About This Home

As of January 2022

Make this spacious 2500+ square foot 4th-floor condo your own! The unit consists of a large living room, separate dining room, eat-in kitchen, 2 BRs, 2.5 baths, family room, office, walk-in closets, and a washer and dryer in the unit. Two tandem parking spaces and storage in the heated garage. Plenty of potential in this large unit with many possibilities to rework space if one so chooses. The building also has great outside space for entertaining.

Last Agent to Sell the Property

Andrew Gagliardo

Compass License #471001960 Listed on: 07/30/2021

Compass

Last Buyer's Agent

Elizabeth August

@properties Christie's International Real Estate License #475135225

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,917

Year Built

  • 1995

Lot Details

  • 0.85

HOA Fees

  • $661 per month

Parking

  • Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Formal Dining Room

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • 18 Units
  • Bill Association, Phone Number (708) 452-4242
  • Property managed by Cortland Properties

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,917

Year Built

1995

Lot Details

0

HOA Fees

$661 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo
  • Property Sub Type: Condo
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 4
  • Directions: On Madison St east of Thatcher
  • Lot Size: CONDO
  • New Construction: No
  • Ownership: Condo
  • Special Features: None
  • Year Built: 1995

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Dining Room Type: Office
  • Stories: 5

Exterior Features

  • Exterior Building Type: Brick
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Cortland Properties
  • Management Contact Name: Bill
  • Management Phone: 708-452-4242
  • Association Fee: 661
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Security, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Lincoln Elementary School
  • High School: Oak Park & River Forest High Sch
  • Junior High Dist: 200
  • Middle Or Junior School: Roosevelt School

Lot Info

  • Special Assessments: N

Rental Info

  • Board Number: 16
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Multi Family

  • Units in Building: 18

Tax Info

  • Tax Exemptions: Homeowner,Senior
  • Tax Annual Amount: 6118
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2021
Closed on
Jan 28, 2022
Sold by
Wolfkiel J Leonard G and The Leonard G Wolfkiel Declaration Of Tr
Bought by
Carolan Matthew and Carolan Lisa M
Seller's Agent
Andrew Gagliardo
Compass
Buyer's Agent
Elizabeth August
@properties Christie's International Real Estate
Sold Price
$450,000
Current Estimated Value
$504,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,588
Avg. Annual Appreciation
3.14%
Original Mortgage
$150,000
Outstanding Balance
$139,202
Interest Rate
3.5%
Estimated Equity
$365,386

Purchase Details

Closed on
Jul 24, 2019
Sold by
Wolfkiel Leonard G
Bought by
Wolfkiel Leonard G and Wolfkiel Leonard G

Purchase Details

Closed on
Mar 31, 1994
Sold by
Thrush Development Company
Bought by
Wolfkiel Leonard G and Wolfkiel Gail M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.35%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Carolan Matthew $450,000 --
Wolfkiel Leonard G -- None Available
Wolfkiel Leonard G $168,333 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carolan Matthew $150,000
Previous Owner Wolfkiel Leonard G $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2022 01/31/22 Sold $450,000 -9.8% $180 / Sq Ft
12/03/2021 12/03/21 Pending -- -- --
11/17/2021 11/17/21 For Sale -- -- --
11/07/2021 11/07/21 Pending -- -- --
07/30/2021 07/30/21 For Sale $499,000 -- $200 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,917 $39,880 $1,838 $38,042
2023 $9,085 $39,880 $1,838 $38,042
2022 $9,085 $34,291 $2,052 $32,239
2021 $5,952 $34,289 $2,051 $32,238
2020 $5,418 $34,289 $2,051 $32,238
2019 $6,118 $35,903 $1,880 $34,023
2018 $5,802 $35,903 $1,880 $34,023
2017 $5,680 $35,903 $1,880 $34,023
2016 $7,284 $33,480 $1,581 $31,899
2015 $7,517 $33,480 $1,581 $31,899
2014 $6,742 $33,480 $1,581 $31,899
2013 $6,727 $28,349 $1,581 $26,768
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11174155

Midwest Real Estate Data (MRED)

APN: 15-12-318-036-1014